Do you invest in Copper bars and coins?

Discussion in 'Bullion Investing' started by Happy, Feb 16, 2011.

  1. Happy

    Happy New Member

    I have 80 Lakota 1oz coins, (5 lbs) of copper minted coins from AOCS. Thinking about grabing more copper coins and adding a few bars. Not sure what the midterm future (5-15 years) holds for minted copper and copper in general. It's a little cloudy to me.

    Anyone else holding some minted copper? If so, whats your reason?
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  3. adam1

    adam1 New Member

    I do hold copper cent's and i have bought a lot of copper bars. For me it's cheaper then gold and silver but I still collect gold and silver.
  4. NPCoin

    NPCoin Resident Imbecile

    I personally do not view 1oz (or even 10oz) copper bars and rounds as a viable investment option mainly because of the premiums involved for such a minuscule metal value for each bar or round. I believe that the value in these items is mainly in its collectible value (yes, there is a market for collectible copper rounds). I do not have any bars or rounds, but do hoard copper cents, as they have no premium involved.
  5. Happy

    Happy New Member

    NPCoin. Thats the other part that makes it "cloudy" to me. Cause, i know Copper is a widely used metal. And, it's used in many of tons. The other part says, will Copper's mining sustain the midterm grouth in the next 5-15 years. It is a nice minted product to collect though.
  6. 9guns

    9guns Junior Member

    i havnt bought any bullion either because of the premiums, ive almost bought some bars on several occasions but for me to even break even the POC will have to surpass $12. i hoard copper pennies and US nickels though
  7. Fifty

    Fifty Master Roll Searcher

    I invest in pre-1982 cents. I am attempting to fill a cider jug.
  8. NPCoin

    NPCoin Resident Imbecile

    Yes, copper makes for some really nice rounds if they are minted properly. the only problem is preserving some of the nice mirrored fields some rounds can exhibit. NORFED minted some copper rounds that are collectible today. It just amazes me, however, to see people paying $1 premiums on 1 gram "bars" of copper on eBay. Maybe that much premium on a pound or two...but a gram?

    There are actually a number of base metal bars and rounds out there. Copper, titanium, zinc, nickel, etc. I just do not see paying 1000% premiums for base metals.
  9. fatima

    fatima Junior Member

    I don't have an issue with holding numismatic copper coins as investments. However holding physical copper as bullion would not seem to make much sense. It takes ~300 lbs of copper to = 1 oz of gold. Unless you have a warehouse somewhere with a forklift you won't be storing much of this stuff value wise. Copper is rising nicely, but it is a paper investment.
  10. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I think that's the most sensible way to invest in copper.
  11. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    I do have a few copper rounds but not that many. The reason that I bought them is because I like them and I buy what I like. I do not consider them as an investment.
  12. Happy

    Happy New Member

    Yes, i have seen those gram bars and whatnot on e-bay. I looked for the lowest price and shipping on 40 coins. Then purchased there. I haven't looked. Are there any publications on the copper minted coins?
  13. smullen

    smullen Coin Hoarder

    Seems like you'd have to have too much to have any real investment.... Start stacking and fill up a quarter of your basement...
  14. ChesterCoperPot

    ChesterCoperPot Junior Member

    I bought a few Kilo bars and some 1 oz. Walking Liberty rounds pretty much just to have. Didn't really buy them as invest per say, but if I can sell the kilos in a year or 2 for more than what I paid for them that would be nice. Otherwise I'm happy just sitting on them. I like the way the 1 oz. coins look, and the Kilos I got just to feel what it is like to have that much of a metal in my hand, just wishing it were silver or gold...haha.

    I'm going to hand out some of the coins I got to friends who are just getting into coin collecting, I figure this should catch their attention, they are beautiful coins.
  15. BRandM

    BRandM Counterstamp Collector

    Maringer Copper 2.jpg Maringer Copper.jpg

    I don't know how relevant these are to this discussion about copper as an investment, but I thought I'd post them. These designs were overstruck on Lincoln cents by Tom Maringer about 2007/2008 to draw attention to copper rounds as a bullion investment. I don't know the exact history of them, but Jeff Kelley thought they were an attempt by Maringer to promote the sale of rounds stamped with personalized dies of his design. Apparently the cost... about 20-25 cents each...was too expensive to be viable and were discontinued in 2008. What ever the history may be, I thought it would be of interest to some members here. If you have more information in regard to these pieces please post it here. Thanks much.

  16. diceccon

    diceccon Junior Member

  17. Is copper in ounces or troy ounces because I think troy ounces are about 14 troy ounces/pound so you would have about 5 3/4 pounds.
  18. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Save pre 1982 cents and any scrap copper wire you may come across and that is it as far as copper goes.

    Copper is great, but if you had to run to the hills or trade, it would take a large amount.

    Gold is expensive for most, however, a few 1/10 coins are nice to have on hand.

    For the normal person 90% silver coins, silver Eagles, and 10 oz. silver bars are the way to go in my single opinion.
  19. Blaubart

    Blaubart Melt Value = 4.50

    Please stop spamming your website hojo. Have you not read the rules?
  20. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    I am asking if your are associated in any fiducial way to this site, please remove it as such sites can only be in the signature, otherwise it is self promotion and subject to infractions~ Thanks Jim
  21. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Copper is measured by weight in avo. ounces, not troy as copper is not a precious metal. Also troy has 12 troy ounces per troy pound.
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