1 LB Copper Bars

Discussion in 'Bullion Investing' started by James Gravitt, May 22, 2019.

  1. James Gravitt

    James Gravitt New Member

    Thank you fo everyones response. I wasn't trying to buy and hold as a future investment. Like I said, I bought quite a few about 8 years ago. I've been selling my 1lb bars for $11.50, plus shipping. I only had 15 and I'm down to 2. Was just hoping to replenish my stock, while they are moving. This is a really cool forum and with great response from all of you. Glad I found it.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Seems like allot of effort for not much dough...
     
  4. TheFinn

    TheFinn Well-Known Member

    Sounded more like ignorance than a joke. And there's plenty of that, and a lack of common sense to go around, that's for sure.
     
  5. green18

    green18 Sweet on Commemorative Coins Supporter

    Home Depot/Pipe in Bulk........

    Copper is not a precious metal..........

    Load yourself up with this stuff and the zombies are gonna get you before you can get out of town.
     
  6. Michael K

    Michael K Well-Known Member

    I don't know who urinated in your Cheerios, but if you don't know humor
    when you see it, then perhaps you are a moron.
     
  7. johnmilton

    johnmilton Well-Known Member

    Perhaps you have not been to a coin show in recent years, but if you have, you would know that some dealers have had copper rounds and bars out for sale as if they were numismatic “investments.” Believe me, they were not offering these pieces as jokes. They were/are looking for buyers who think copper will be like silver and gold for “poor people” who don’t have the $100 or so to put into a precious metal investment in bulk.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    You only get out what you put in to it, Copper will never achieve any success
    Near Silver, so what your left with is a really big paper weight...LOL
     
    Last edited: May 25, 2019
  9. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    In a coin store today, 5 copper bullion rounds the dealer had given a $1.00 value in on fractional ounce gold bullion. Dealer has marked for resell at $3 each, only had 2 left. Everyone wins!

    Jim
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    would think this would be a novelty at best, Dont get me wrong copper
    Is valuable in large amounts as a former A/C Mechanic i made many
    Trips to the scrap yard, but were talking 750lbs @ 1.45 per lb back
    Then so around $1,090.00 some serious scratch in those days,
    and i would say that was about average had a couple trips over
    1,000Lbs :) so when you do the math at $3 per coin your way
    Behind the eight ball at that price if your looking at investing.
     
    masterswimmer likes this.
  11. -jeffB

    -jeffB Greshams LEO Supporter

    Did you leave out some words here? I can't figure out what you're trying to say. "In on fractional ounce gold bullion"?
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Tough crowd here. I think laying in piles of LMCs as "copper bullion" is pretty pointless, but if stamped copper bars have a market as collectibles, why not play that market?

    People collect sillier things.
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Like I said earlier, I like the designs on the 1 oz. copper rounds. I usually pay around $2 per round give or take as he case may be. However When I make it to a show I refuse to pay the $5 per ounce they are asking. Sone of them will sell the same design at a discount but you must buy a tube of 20. No thanks. They are low priced and make a collection. They are not an investment.
     
  14. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Did you leave out some words here? I can't figure out what you're trying to say. "In on fractional ounce gold bullion"

    Yeah Long day
    Rewind:
    While waiting for a Dr. appointment went to a coin store today, the dealer had given a $1.00 value in trade for each of 5 copper bullion rounds to a customer in exchange purchase of fractional ounce gold bullion coins ( 1/10th ounce) .The Dealer has marked the copper for resell at $3 each and only had 2 left. Everyone wins!......addendum ~ No I did not buy them. Did buy a 42/41 "Mercury". Jim
     
    -jeffB likes this.
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Copper is naturally beautiful in its normal state, So coins and bars etc
    Look really attractive, however over time and with certain elements
    Acting on it, it does turn dark and eventually green, at that point
    What do you do.....LOL
     
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