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<p>[QUOTE=&quot;alucard86, post: 2242642, member: 71849&quot;]I collect copper pennies from time to time but I never buy any of those 1 oz copper rounds or bars including the 1 lb bars. Even at 0.99c per 1 oz round is ridiculous! 1 oz of pure copper is $0.14 ($2.27 per lb). So the price of copper per lb would have to reach $16.00 just to break even. </p><p><br /></p><p>So why are people buying these &quot;copper bullion&quot; options? And why are people defending it as if its a good investment? And I never buy copper pennies from eBay, JM, APMEX etc etc either. Waste of good $ IMO that should be used for PMs if looking to invest in metals. </p><p><br /></p><p>Provident Metals has a 10 lb copper bar for $52.44 + SH. Yet 10 lbs of copper is $22.70 @ today&#039;s price. What are your opinions on this &quot;Copper Bullion&quot; marketing scam? I&#039;m curious to know/see what people here think...[/QUOTE]</p><p><br /></p>

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