| Author |
Replies: 22 / Views: 4,421 |
Page 2 of 2
|
|
|
|
Moderator
 United States
16679 Posts |
Buy gold and silver. These are not an investment.
swcoin.ecrater.com
|
|
Pillar of the Community
United States
2543 Posts |
I am sure that APMEX saw the success limited success of Provident Zombucks copper rounds. Plus go to any coin show, copper rounds abound. My youngest son loves all the different designs and collects them. Great way to get young collectors, who are not old enough to appreciate history, into coin collecting for not a lot of money. I don't think that APMEX or Provident or anyone else is calling it a precious metal, but I think that; Quote: Bullion traditionally stands for gold bars, silver bars, other precious metals bars or ingots..........In recent years, the term bullion has also been used to describe ingots or bars of base metals such as copper, nickel, or aluminium. - Wikipedia
|
|
Valued Member
United States
110 Posts |
Quote: Buy gold and silver. These are not an investment. If these are not an investment, what are they?
|
|
New Member
United States
45 Posts |
^^^they are a waste of money. do the math. 16 rounds equal a pound, a pound of copper is 3.60. 16 rounds 16 bucks.
|
|
Pillar of the Community
United States
586 Posts |
realmoney,
For stackers, they're a form of insurance against hyperinflation. For dealers, they're simple a merchandise. Only speculators treat them as investment.
|
|
Pillar of the Community
613 Posts |
@leon1998,Copper Rounds are poor at best for hyperinflation as u are from the start paying in on Copper Rounds that are far over its copper trade value. If one wants to stack copper then Cents are the best way to do that. I stack only S-Mint Copper,I live on the west coast so it is easy to get a few oz's a day. I hold a few cents to do that. @realmoney,like denco7 has said is great and worth doing for sure. Now the Walker Copper Zombuck Round gets between $7-$8 on ebay few sell a week. I do buy the Silver Zombucks Rounds but do not buy the Copper Rounds to match,except for the Walker Copper Zombuck which I picked up 40 Walker Copper Rounds when they came out. Remains to be seen if the Walker Copper Round will hold at $7-$8 or fall,my guess is they will go up in price. Most Copper Rounds will not do much in gaining a premium.
Edited by Silverworld11 02/18/2015 9:55 pm
|
|
Valued Member
United States
110 Posts |
Thanks Leon! I was having a little trouble differentiating investment and insurance I guess. It would be odd to buy copper as an insurance for inflation. I do believe that copper was very instrumental in the first recorded inflation. The ancient civilizations could not afford their expanding empires and would add copper to their coinage.
|
|
Pillar of the Community
United States
586 Posts |
LOL, I was talking about gold & silver ... Even Jefferson nickels is a better investment than copper round ...
|
|
Valued Member
United States
110 Posts |
Quote:LOL, I was talking about gold & silver ... Even Jefferson nickels is a better investment than copper round ... Is it weird that I keep all my nickels from my pocket change too?
|
|
Pillar of the Community
613 Posts |
@realmoney,Keep Full Steps BU Clad Nickels not weird. Keeping all Nickels if u want to not weird just sort the Full Steps thats all. @realmoney,I think u should learn what you can from the guys and ladies that post comments about Errors and Doubled Dies on this site its a good and fun thing to do. I have myself found hundreds of dollars in Lincoln Cent Errors and Doubled Die Cents over the last 5 years or so.
Edited by Silverworld11 02/19/2015 4:36 pm
|
|
Valued Member
United States
110 Posts |
Quote: Keep Full Steps BU Clad Nickels not weird. Keeping all Nickels if u want to not weird just sort the Full Steps thats all. I'm sorry, what's Full Steps BU Clad Nickels?
|
|
Pillar of the Community
United States
586 Posts |
realmoney,
Stop wasting your time going through Nickels one-by-one. I have a better strategy for you.
Go get one $100 nickel box from your bank; repeat 50 times. Store them and forget about it.
Ten years later you might have a pleasant surprise.
|
|
Pillar of the Community
613 Posts |
@realmoney,if you have at this point in the search game a 2013,2014 or 2015 not sure if 2015 are out yet most likely you have a AU=Almost UNC or BU=Brilliant UNC now that is not to say 2013,2014 are not beat up yet some are. Full Steps are the Steps for the Monticello on the REV for the Jefferson nickel. You need a 40x I think to fully tell if the Steps are Full without Breaks. Search out Full Steps Jefferson nickel you then should find a Site to teach you all about how to see what to look for when inspecting a Jefferson for full steps. The older the better. Some of the older years like the 60's had problems with what they call mushy Dies that produced very few full Step Jefferson's. OBW for Jefferson's are unopened most times but the War Nickel OBW's are costly and may get opened but still sold as unopened OBW roll beware on those rolls. I build Rolls of Full Steps for each year that comes out when I search Nickels,but I really only search Cents the last few years for Class 9 Doubled Die Cents/RPM's and get lucky for anything else I find with Cents which happens a few times a month.
|
|
Valued Member
United States
110 Posts |
Thanks Silverworld! I am mostly a melt value guy right. But am interesting in learning, especially since my jars are filling up! Leon, I have though about buying some boxes, but this way I do not feel like I am spending any money 'investing' in nickels. Plus I like looking through my pocket change after every purchase. 2.5 years of doing so, I haven't found one piece of silver except for a War Nickel.
|
|
Pillar of the Community
United States
586 Posts |
@realmoney,
I once did some coin roll hunting; it was exhausting. Trust me, the amount of silver you find, is usually less than federal minimum wage. That's why I would just get 50 boxes of nickels and call it a day.
|
|
Page 2 of 2
|
Replies: 22 / Views: 4,421 |
Page 2 of 2
|