Is This Going Just A Bit Overboard?

This guy's



In the event of a currency collapse, (what does he exactly mean?) the closest thing I can think of is the great depression. People are probably not going to want to trade for a ton of copper, they want gold/silver.

let us hope there is no depression

warm wishes.

The money in copper cents is find them and turn them. Sitting on them is not nearly as profitable, regardless of what the copper price does.

Call him a collector, call him a hoarder. If he's happy with what he's doing then.........

Amen Zeewool. I agree if things get that bad, then no money or Metals will buy you anything. Case in Point is some african countries where people literally have thousands, but there just is not food available to buy with it.

Your all not looking at the big picture here. Now IF in the future a massive nuclean war wipes out almost everything, we all could well go back to the Bronze Age. We would be making tools and weapons of Bronze and that is basically Copper. So this guy may well know something we don't know of the future.
OR if becomes necessary to run a cable to the Moon, lots of Copper would also be needed for that so SEE, he may well know more than you think.

I think that guy is nuts. As for bartering, think of it this way, most people have no idea what coins are made of, fewer people know which coins are actual silver or even gold for that matter, i.e. Golden dollars. Also keep in mind that about 25% of the US population is for lack of a better, politically correct term, cognitively challenged. So with all that, if he thinks he will go up to the average person with a fistful of copper pennies and think he will be able to get anything in return, he must be smoking something.

Another point, he mentioned he drives around with copper in his car, I wonder how much gas that burns up compared to the return on his "investment."

Also in that guys video, he's mentioned that he's found quite a few rare coins such as Indian Head cents and wheat cents (one of which was a 1914 D, which I understand is worth at least $100), but he told me via Facebook that he actually sells his wheats and Indian head pennies just to buy more copper pennies. That, to me, is foolish since wheats and Indian Heads are worth a lot more in numismatic value than in melt value.