Do You Consider Copper Bullion A Precious Metal?

Ok I am catching up with life's stuff for a couple hours this morning! to finish and post some copper bullion coins that are being hawked as the right stuff for preppers, @ gun shows. These are 1/4 and 1/2 Ounce copper rounds a couple are plated.





The selling point is people are more likely to take the smaller than ounce size and that they aren't silver or gold which people don't understand! Of course the general public don't understand the copper market and better.
that it is cheaper to buy scrap copper by the pound or even casting grains than the 1/4 ounce
They are only nice if you like the looks of them!

The thing I like best about my common penny collection is that I have near zero expectation of any sort of meaningful price appreciation. What I do have, however, is a lifetime's worth good memories collecting pennies. And, ya know? Not once in all those years has the daily market price of anything ever spoiled my enjoyment of my collection. I certainly can't say that for silver or gold.

If you enjoy collecting pennies and private mint copper rounds, that's the only justification anyone should ever need. Sometimes, trying to look at everything as some sort of "investment" just takes away from the fun.

@Circus: We were referring to US pennies that are pre-1981, not the plated zinc versions of today.

Copper Bullion? Please be real. A bar of copper isn't even worth lugging around. It's not even something to consider - it is fact that it is not bullion. And if it's not .999 pure it really isn't bullion either because you're storing roughly 10% of that in copper! The whole point of bullion is being able to purify as much as one can and store them in as tight a place as possible to cut down on space and hence it's worth more. Why should bullion be alloyed with anything at all - it's not being moved around much or circulating. I think we're all missing the point of why bullion is bullion.

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This reply has the mint's break down they stopped pennies bronze alloy in 1962!

I agree with the facts that copper is copper and that the "copper bullion rounds" are no more than tokens!

Here's my 2 cents worth......No copper is not a precious metal. If you do feel you need to buy it, stack it, wait for hardware stores to have sales on plumbing copper pipes.

It is bullion but I personally wouldn't hoard it for the trade value 'as is'.

But if you get down to the 'brass tacks' of it. If you are planning for the end of the world type stuff.

It might be nice to have around to make daily utensils out of.

Now they would be worth trading for. Pots, pans ect...

If I were a sculptor or other artist/craftsman working with metals, I could see wanting to keep a good supply of the raw materials I use regularly in my trade. Especially if I had good reason to suspect a hefty price rise in the future. However, the modest price increases that can hurt a trades person's bottom line probably wouldn't amount to much gain for the ordinary PM stacker.

As for saving for future doom and gloom, I'd skip the base metals and stash a ton of cheap but serviceable imported tools. Ready made saws and hammers and axes and water pails will all command a much higher premium than an equivalent weight of raw copper, tin, and zinc in a SHTF scenario.