Why Do People Buy Copper Rounds?

Discussion in 'Bullion Investing' started by Soapy Smith, May 4, 2015.

  1. Revi

    Revi Mildly numismatic

    Copper is generally sold in Avoirdupois, which means 16 ounces to a pound. The price is given in pounds, so divide roughly $3.20 by 16 and you get around 20 cents an ounce. Which is a good price for a large copper coin.
     
    Last edited: May 14, 2015
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  3. Spud Koolzip

    Spud Koolzip Member

    Some people will buy anything.
     
  4. Spud Koolzip

    Spud Koolzip Member

    England never minted cents, large or otherwise. For centuries, however, they have minted pennies.
     
  5. Revi

    Revi Mildly numismatic

    I meant copper pennies. Of course they never minted cents, since that implies a system of 100 parts.
     
  6. Revi

    Revi Mildly numismatic

    I think any copper coin that weighs around an ounce for a quarter is an okay deal. Any more than that, and it has to be really cool or really old.
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    If you like the design it will never be foolish......

    Just the collector in me. :)
     
  8. Dilly dollar

    Dilly dollar Active Member

    I bought two, but I'm not sure why.
    I had a five dollar bill and 2 for 5 dollars was the price, so I bought some.
     
  9. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I suppose... as long as you're not liking them AND buying for retirement because, well, one reason would trump the other, and it ain't liking the design..

    Never say never... ;)
     
  10. Blissskr

    Blissskr Well-Known Member

    I bought two once they were modeled after $20 Saints. I bought them to let my two children play with them versus a real $20 Saint. They turned extremely ugly extremely fast but copper is very reactive. Although I can appreciate the artistic look involved with a lot of the copper rounds I don't think they would ever make a good investment for the premiums involved. But they would be a good profit maker if you were a private mint or commissioned a private mint to make you a unique batch with a attractive design as certain people seem to buy them.
     
  11. Revi

    Revi Mildly numismatic

    I like really old copper however. Any kind of large cent, penny, or sou will do.
     
    Dilly dollar likes this.
  12. Dilly dollar

    Dilly dollar Active Member

    same
     
  13. tulipone

    tulipone Well-Known Member

    I just got a copper coloured coin from Mt Rushmore. It doesn't say copper so guessing it isn't - but hey, it's shiny!
     
  14. Dilly dollar

    Dilly dollar Active Member

    what do you think it is.
     
  15. bearze34

    bearze34 Active Member

    I buy them because they say on TV coin shows that the ones they stamp in their basement will soon go "to the moon". They were saying recently on Coin Vault that copper was almost unavailable anymore so we should really load up and they have plenty of that rarest of commodities.
     
  16. Jwt708

    Jwt708 Well-Known Member

    I really hope this is sarcasm.
     
    bearze34 likes this.
  17. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Why do people buy copper rounds? Why, because they roll nicer than copper squares, I guess. Also, many of them were conceived as a "thing" back in 2011, when the metals mania peaked.
     
  18. SunriseCoins

    SunriseCoins Active Member

    Because like different Foods, Drinks, types of Coffee or Candy or Cars or anything you can think of that is one type of item that can have different styles to it as like a Coin people will buy it, pretty simple.
     
  19. SunriseCoins

    SunriseCoins Active Member

    @Mr.Bellman wrong. Your wrong and always just bring down people and what they may or may not think based on some out of control idea's of yours.

    Copper Cents are everywhere in the Public Coinage Mr.Bellman for people to hoard. Copper Rounds are just one more item folks would like to have that's all,wow Mr.Bellman.
     
  20. ldhair

    ldhair Clean Supporter

    Five year old thread.
     
    paddyman98 likes this.
  21. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Now that was funny! Too bad kurt not around anymore..

    Yes I know.. Old thread. But still informative!
     
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