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The Value Of Copper In The Future.

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Valued Member
da Swampster's Avatar
United States
420 Posts
 Posted 04/30/2018  4:04 pm  Show Profile   Bookmark this reply Add da Swampster to your friends list Get a Link to this Reply

Quote:
I would just dump them in a Coin Star if they were mine.
Good luck with whatever you decide!


Hmmm, that's one of the things I wouldn't do with 'em, unless you happen to shop where they offer those gift cards.. Otherwise you're losing like 9 cents on each dollar you run through, or maybe even more than that these days, if it's folding money you want when finished..

Swamp
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 04/30/2018  6:23 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 04/30/2018  7:13 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If you must, collect copper wire instead.

Copper is an industrial metal and the price in the long term is highly unpredictable.
The copper in wire is pure.
It has to be, to act as a good electrical conductor.
Therefore no refining costs.

Just need to get rid of the insulation.
There are several YouTube videos that show you how to do that.

With bronze coins for the CRHunters, just return what you don't need back to the bank.
Edited by sel_69l
05/01/2018 01:15 am
Valued Member
everything's Avatar
United States
493 Posts
 Posted 05/06/2018  7:03 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I keep about $500 in $25 boxes sitting around in case fiat ever became worthless, bank run, etc, they may have metal and fiat barter value combined, that's only twenty boxes of pennies, that's not much, and neither is $500. Still, I'm sure cash would still work, you just might need more of it. I put them in half gallon container and they make a great door stopper, but so does a rock - that is the only real value I am getting out of these things. They are bronze, so from a scrap perspective you will never, ever get melt for them. Hoarding them did get popular when copper prices were up around 4.00.

Once we realize the penny is just a waste of time we will all be better off, and the old collections that have numismatic value will have more numismatic value.

I still do not understand why the bronze percentage is near 30% in the midwest but more near or under 15% on the coastlines, just what I have heard.
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