Copper Rounds, Your Thoughts.

I do not understand why a moderator moved this thread here, I feel the OP put it in the proper subforum originally. It was a question about buying copper and its future worth.... Took me a minute to find it after I replied to it.

It was in the "Precious Metals" subforum before if you don't remember.

I see individual rounds being sold and bought for the spot price of a pound of copper.

But, copper has a pleasant "heft" to it that higher priced metals lack, LOL
The copper rounds are interesting, often artistic. But with their high premiums, not a reasonable way to stack copper.

I agree with -makecents- about stacking 95% Cu Cents, which I've been doing since 1982. Copper for $1.54 per pound at face value, while the current 'spot' on copper is over $5/pound.
I've got most of mine sorted and rolled by Yr/Mm, and hoarded them while they were plentiful in circulation. I don't fancy moving them around much, but for that reason they're not as tempting a target for thieves, and they don't take up THAT much room. And there is an established market to buy and sell Cents for their bullion value, exactly as common silver and gold coins are traded, intact as 'bullion' coins.

Exactly. Beyond collecting copper cents, maybe the OP should possibly look at stock? That way you don't have the massive collection of rounds to deal with.

This is not for me. As others have said, this is not likely to be a profitable way to invest in copper.

Thank you for getting it back where it originally was Spence, you da Man!

From a purely logical standpoint, "stacking copper" does not, well, stack up. Copper is 850 times more abundant on Earth than silver is, so logically, silver should be 850 times more expensive than copper. In truth, silver is only 233 times more expensive than copper at current prices. So either silver is ludicrously cheap, or copper is already rather over-valued.

Even so, at current prices, that means you need to stack 233 copper one-ounce rounds to house the equivalent value of one silver round. People "stack PMs" as a store of wealth. One of the key properties that a "store of wealth" needs to have is either portability (so you can take it with you wherever you go), or liquidity (so you can convert it into a more transportable form of wealth at short notice). And right now, copper has neither. In terms of portability, the mass/value ratio is simply too high - too much mass for too little value. In terms of liquidity, practically every single city and town in the Western World has one of those "we buy gold and silver" stores in it; but go into one of those stores with a wheelbarrowload of copper, and they'll just laugh at you.

In terms of future prices, there's a lot - a lot - of unmined copper sitting around, just waiting for the price of copper to bump up a little, to make those deposits economically viable. So even if there were a sudden surge in copper demand (and I'm not entirely sure that AI data centres are a likely cause of such a surge), there's plenty of capacity for expansion in the system.

TLDR: copper is simply too darn common.