Well, they are not coins, just coin shaped. Where does the 'billion' come into it? And as the previous poster said, 'Why?' . One, as a curious relic of a type of madness I could understand, but 5?
I remember seeing this sort of thing last year at one of the Whitman shows. The dealer selling them said they were flying off his table. Eye appeal mostly I guess.
These along with the zombucks rounds in copper and silver, along with the copper and silver ammo rounds in assorted calibers are being sold at or I should say attempting to be sold at gun shows. Some of the preppers are humping them in 1/4,1/2,3/4 ounce along with pound bars and 5 and 10 pound bars. As the currency of the doomsday world. Why because they claim people will always need copper for use. Of course I'm probably the only one in a 20 block area that has the knowledge or equipment to convert them into cast objects! I told one guy that if he wanted something useful for doomsday, buy ammo, reloading supplies and copper wire on spools. When they had the crash in one of the South America countries a number of yeqars ago. Somebody I know was working in the country. People didn't want silver, gold or copper. Matter of fact you couldn't give it away. Ammo was first choice, guns were second choice followed by food and gasoline! Besides if somebody wants the PM's and they know you have it they are more likely to pull out there gun and take what you have! There are two quotes you should remember. "You can give peace a chance, but I will cover you just in case it doesn't work out!" "Peace through superior fire power" Being a token collector and not coins. I could ask the questions about the silly people paying a premium for the Toned coinage which is being produced by dealers now to take advantage of the high prices. But not to start a flame war I will answer it myself. People like them for the pretty colors and are willing to pay for them. Same for the copper rounds people do like the art work.
I wouldn't pay too much over copper spot, which isn't much, and is traded by the pound. I would think that in an emergency situation, it would be better to have copper in a form the guy down the street could use, such as pipe, plumbing, and wire. In a situation I would want stuff I could use.
I think SilverTown or some similar companies make those exact designs. I would pay 3 dollars any day for an ounce of copper.
I think SilverTown or some similar companies make those exact designs. I would pay 3 dollars any day for an ounce of copper. Well, that's generous. Three British pre-decimal pennies weigh an ounce and are more valuable metal wise because they are tin bronze, not just copper. So a dollar apiece sounds well over the market price. $3 would buy you half a kilo or about a pound of the metal on the metal exchanges.
Most of these cost 80 cents to 1.25 on the wholesale market in rolls of 20. They usually sell in the $2 to $3 range. Generally they are one US ounce rather than a troy ounce. Hundreds of different styles.
