| Author |
 Replies: 56 / Views: 7,969 |
|
|
|
Pillar of the Community
United States
561 Posts |
Quote:
If your biggest target market is preppers, your product is already hopeless. Not to hijack the thread but this is a pretty small minded opinion. There are much smaller niche markets out there where products have been very successful. While just like any group the small minority of extremists within the "prepper" community tend to make the average person laugh the idea behind taking action to prepare for hard times is actually a very prudent one for any truly reasonable person. Now, back on topic. Is copper a PRECIOUS metal? NO With that said, as with anything else buy what you enjoy. There are many, many novelty rounds out there and I personally enjoy the designs on lots of them but buying numerous silver rounds just because I like the design can be rather expensive and cut into my budget for other acquisitions. So, I will often pickup copper rounds that are appealing and not insane on the price. Especially if I can add them to another order that I am placing. |
|
Pillar of the Community
Canada
1823 Posts |
It is a industrial metal.They don't use much copper in new home to much $$$$$ plastic pvc etc...
|
|
Pillar of the Community
United States
4409 Posts |
Personally, I don't consider it a precious metal.
Would I pick up some copper rounds if the design appealed to me? Absolutely. Would I expect them to go up in value? No, some things are just a novelty.
My two copper cents worth.
-MV
|
|
Valued Member
Canada
129 Posts |
copper isn't a precious metal it's a base metal
|
|
Pillar of the Community
Canada
3692 Posts |
Question for the OP: Why does our consideration matter? The definition suffices. Not precious/noble; but base. Do our delusions speak louder than fact? Fantasy pieces, ok. Actual bullion? You're being swindled.
|
|
Pillar of the Community
United States
899 Posts |
I consider copper pieces as novelty items. Some of the artwork is quite good, but in the end they are nothing more than that. No copper is not a precious metal.
|
|
Pillar of the Community
United States
2168 Posts |
I don't consider copper a PM. I do, however, think think copper is worth holding on to. Nickels and pre 1982 pennies are an easy way to keep.
|
|
Pillar of the Community
Canada
532 Posts |
While I won't buy copper Bullion I would buy beef Bullion. Much better in soup.  Seriously if I was to collect copper it would be in the form of wire or pipe. Something practical that I could use. In the form of a bar it's good to throw in my scrap copper bin and I'll get market Price on the day of sale with no premium for art or design. Just No 1 clean copper. At 3.33$ a pound they pour it into their own ingot mold, buff it and then sell it to you for roughly 70 bucks shipping included!   Probably the best thing about copper is that nobody would ever be able to carry away your fortune if you got rich on it |
|
Pillar of the Community
United Kingdom
837 Posts |
Quote:
While I won't buy copper Bullion I would buy beef Bullion. Much better in soup.  reading this after dinner made my day !  |
|
Pillar of the Community
Canada
746 Posts |
|
|
Bedrock of the Community
United States
10045 Posts |
When Cu hovers around $3.50 a pound--it's hardly a place to store wealth. Do places buy-back those copper rounds and ingots? There's your clue.  I suspect this idea of "copper bullion" caught on as people started hoarding bronze US and Canada cents. If you want to speculate, probably better to do it in the markets than by lining your basement in copper bricks. |
|
Pillar of the Community
Canada
746 Posts |
Quote:
probably better to do it in the markets than by lining your basement in copper bricks. Who needs copper bricks with all those copper pipes we need to run the water through our homes?  Copper has a place in numismatics and has a quality and art of its own. It needn't always be compared to spot price...  Edited by allspice
01/22/2014 9:04 pm
|
|
Bedrock of the Community
United States
10045 Posts |
Quote:
Copper has a place in numismatics and has a quality and art of its own.  Some of my favorite coins are solid copper! I only suspect collector value will always be above spot price. |
|
Valued Member
United States
149 Posts |
Copper is not precious at all. It's used in pipes and stuff, afterall. It's cheap.
That said, I have hundreds of pounds of the stuff. If you can get it well below spot and you have space, by all means hoard it.
|
|
Pillar of the Community
United States
2168 Posts |
The same could be say of how silver was in the 1960s so, to me worth keeping some of the nickels and prior 1982 pennies that are worth over twice their actual value.
|
| |
Replies: 56 / Views: 7,969 |
First Page
Posted 01/21/2014 10:59 pm
