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 Replies: 18 / Views: 3,257 |
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Pillar of the Community
United States
1215 Posts |
Copper bullion in avdp ounces normally costs $1-2 per ounce. What's the point?
I mean, it's so overrated! It's worth $.10 of copper pennies...
All you need to do is to take truckloads of 95% pennies across the border to Canada and melt/refine them... tada! 20x the value!
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Pillar of the Community
 Canada
9864 Posts |
Take them south, unlikely you'll find someone in Canada to melt them and pour them for you at a price low enough to make this work.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
 United States
1215 Posts |
LOL you are right! Texas border would work.
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Valued Member
United States
453 Posts |
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Valued Member
United States
214 Posts |
So someone can say that they have 50 oz. of copper bullion to impress someone.
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Pillar of the Community
United Kingdom
548 Posts |
There is no point. Copper isn't a precious metal.
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Pillar of the Community
United States
4692 Posts |
I agree with the posts. Makes about as much sense as hoarding tin.
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Valued Member
Australia
193 Posts |
'Copper bullion' is an oxymoron - no such thing. Kitco price Cu in $ per tonne. However some people like metals regardless of intrinsic value, and so may 'collect' a range of metals for their own sake. You can get a range of small ingots of various metals on ebay, if one wanted to collect such a category. |
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Valued Member
United States
134 Posts |
The bullion copper coins have nice eye appeal, especially for kids. I'll give my 10 year old son a few dollars to spend at a coin show and he usually will (among other things) bring back a half pound or pound bar of copper bullion. He likes the heft and appearance of the bullion.
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Bedrock of the Community
United States
20753 Posts |
It's working well at coin shows to sell Copper rounds. Some are 1 and some are 1/2 ounce. All sorts of designs. For kids makes an entirely new sort of collection.
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Pillar of the Community
United States
4592 Posts |
I dunk them in acetone to clean off any coatings and then use them as sacreficial offerings to protect the silver coins...
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
United States
19951 Posts |
Just a collecting fad, there are some neat designs - the intrinsic value is nominal.
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Pillar of the Community
United States
1215 Posts |
I think pennies make the best copper "bullion"
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Moderator
 United States
188535 Posts |
Yes, they do.  |
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Pillar of the Community
United States
1215 Posts |
is there any machine for producing the best copper "bullion"?
Like a rapid copper penny sorter?
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Pillar of the Community
Canada
1118 Posts |
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Replies: 18 / Views: 3,257 |
Posted 10/26/2014 9:17 pm
