I am thinking about adding some to my collection as they are beautiful to me. Is there any other advantage to owning them??
If you like them, and think they are beautiful, what other reason would you need? Many here think they are a waste, and as a store of value like bullion, they probably are, but I can think of worse things to collect. Plus, most of them can be had for a couple bucks so...why not.
If you like the design, by all means collect them. It is not like clad coinage that is collected has bullion value or even some of the silver coinage the numismatic price far outweighs the bullion value. Go for it. I collect certain foreign coins for the designs.
I have a few for the same reason.I like the design or just the way it seems to catch the light.If you like them by all means get a few.They're not that expensive.If you're looking for them being worth much in the future I think you'll be disappointed.
I agree, if you like them, buy them. Their cost outweighs their intrinsic value but they are not that expensive. Many coins collectors buy have costs much higher than their intrinsic value like old coppers, silver seated coins, or silver bust coins.
To answer the question: None. The bullion value of an ounce copper round is about 22-cents. If you're buying them just because you look how they look, that's one thing, but if you're expecting them to appreciate in value, you're in for a horrible surprise. They're non-limited editions (the manufacturer can stamp out as many as they desire), so supply will always be there to keep up with demand. The fact that they usually cost $4 on eBay means you're looking at needing a 1850% increase in the spot price of copper for intrinsic value to catch up to the price you pay. That said, if you like how they look, then it is what it is: Art.
If they're beautiful and you like collecting them then go for it. Collecting is what this site is mostly about. If, however, you're doing it for investment purposes then ya might just as well hit the Lowe's and Home Depot plumbing sections and pick up some copper pipe and fittings.......:devil:
I have a friend who wanted Ron Paul for president, so for his birthday I order him the 1oz copper round from the ad on the top of the forums....... while I was at it, since I had to pay Shipping & Handling.... I bought another 15$ worth of rounds that I found attractive... including my own Ron Paul 1oz.
There are people who buy cigar box labels because they're pretty. Others buy guns, stamps, vampire memorabilia, and pet rocks. What's to stop you from buying copper rounds? Logic, justification and value are not always the top most requirements in a collectors' mind, satisfaction is.
Heck, at a buck or 2 a shot, why not purchase them if you like the design. This is definitely not a bullion investment, they have 1 pound ingots for that.
Definitely not portable or practical for the normal person. I like the St Gaudens design, but I do not have $1,800 right now to purchase a AGE, so a copper round with the same design is a cost effective way to fulfill this desire on the cheap.