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Copper Rounds, Your Thoughts.

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Author Replies: 6 / Views: 132Next Topic  
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Empty_Pockets's Avatar
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 Posted Yesterday   7:16 pm Show Profile   Bookmark this topic Add Empty_Pockets to your friends list Get a Link to this Message Number of Subscribers
*** Moved by Staff to a more appropriate forum. ***

I've been considering buying some copper rounds. I figure the value will rise based on the data centers AI is going to need.

Does anyone have an opinion on the subject? Yeah, nay or hold on to your denaros.
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-makecents-'s Avatar
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 Posted Yesterday   10:10 pm  Show Profile   Check -makecents-'s eBay Listings Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply
I too would like to hear what others think about this. I have never bought copper rounds but I have searched Lincoln cents for years for varieties and have always separated the coppers and kept them. Some say it's not worth the effort but it's easy enough to do and I have several hundred pounds of them at a low cost in the long run.
-makecents-
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-makecents-'s Avatar
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 Posted Yesterday   11:37 pm  Show Profile   Check -makecents-'s eBay Listings Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply

Quote:
*** Moved by Staff to a more appropriate forum. ***
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.
-makecents-
Edited by -makecents-
Yesterday 11:43 pm
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Vector Ze's Avatar
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 Posted Today  12H 36M ago  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply

Quote:
I do not understand why a moderator moved this thread here

I agree.

On the subject; I have some copper rounds, 1, 5, and 10 ounce, and 1 pounders. A few 1 oz Nickel rounds, too.
I bought mine years ago and because I enjoy their designs, plus I love the look of pristine copper in all of its forms. I wouldn't rule out buying more of them.

But, the premiums are so high, I have never considered the money I spent to have a realistic chance of ever returning a profit.
Edited by Vector Ze
Today 12H 0M ago
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HondoB's Avatar
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 Posted Today  12H 13M ago  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply

Quote:
hold on to your denaros

I see individual rounds being sold and bought for the spot price of a pound of copper.
Inordinately fascinated by bits of metal with strange markings and figures
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Spence's Avatar
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 Posted Today  4H 13M ago  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
I do not understand why a moderator moved this thread here,


Agreed that this thread best belongs in our PM subforum. I'll work to get this changed.

There have been several discussions on stacking copper (not all of which were specific to cents), and my personal opinion that the weight and space required to stack copper make this much more difficult than metals that have higher intrinsic value.
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Vector Ze's Avatar
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 Posted Today  16M ago  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list Get a Link to this Reply
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.
Edited by Vector Ze
Today 8M ago
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