I got an email last week from a popular bullion dealer who is now carrying ZINC bullion coins. Whats next? Iron, Aluminum, Lead, etc...
I got that email as well. I laughed when I read that. I can definitely say I will not be investing in zinc. lol
Geez, $1.49 for an imitation morgan zinc round! " The 1st Test Run of Zinc BULLION IS HERE! Each of these Morgan Dollar design Coins contains 1 Avoirdupois Ounce of .995 Fine Zinc and will arrive in Brilliant Uncirculated condition! Orders of 20 or more arrive in a tube. " Yummy
I know where you can get _billions_ of small copper-plated pure zinc rounds right now for only 1 cent each! Act now before they're gone!
Saw these type of ads many times and what a difference in pricing. In Numismatic News one dealer was offering copper rounds, one ounce for 10 for $32.00, another at $9.95 each! A fool and his money... Good one mecha1166! lol. sodude, with the hyper inflation ravaging the economies, maybe this isn't so far fetched?
I think the sellers are trying to cater a bit to the shtf crowd where any metal coin/bullion is better than the fiat we are currently using. BTW nickel rounds are coming soon. They also sell These And I would not be surprised if they soon started sellingThese. That being said, lots of people collect gaming tokens, bottle caps, matchbooks and other stuff that we think has little or no value.
bigjpst- Went to the link you posted. Intresting! What does ADVP stand for? The prices are okay if you wanted to start a new inexpensive collection. And they sell food storage bags also? That's different.
Intristic value yes. Don't get me wrong, I'm not going to be buying any zinc bullion any time soon. But there seems to be a market for them, the copper rounds, and probably the coming soon nickel rounds as well.
avoirdupois ounce http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=avorpidus+ounce#hl=en&sa=X&ei=Ps4-TvSANorUiAKI26XDBg&ved=0CBYQvwUoAQ&q=avoirdupois+ounce&spell=1&bav=on.2,or.r_gc.r_pw.&fp=81eba942b626e508&biw=1333&bih=654
How about some mercury bullion incased in a hollowed out glass shaped round. Just don't break it open due to the toxic properties of the mercury. :devil: Maybe make the glass round so thick that it would be damn near impossible to break the mercury out unless you hit it with a sledge hammer or something else extreme.
So does this mean its worth hoarding ALL of our pennies? Both copper and zinc? I might start getting $100 a month in pennies just to put away, in case we go to steel. (I wonder how long until we get "iron" bullion. )
For $1.49 you would think they would give us a Troy ounce. When you think of it, $1.49 is probably a pretty fair price. :thumb: They have to melt down twelve (12) pennies to get that much zinc. Then they have to send them all to China to be pressed into knock-off Morgan dollars (S&H ain't cheap!). They probably have to sell 1000 of these things before they turn a profit. Where are they gonna find 1000 fools to pay $1.49 for 12¢ worth of zinc? Let's say they're successful and people are beating a path to their door to buy these things...why wouldn't the Chinese just cut out the middleman and sell direct? I'll bet the Chinese will give us a Troy ounce! They're all about customer service.
So, in other words, its not worth hoarding zinc cents yet? I know they cost more than a cent to make a cent, but are they still not worth hoarding...yet?
Zinc cents are worth about half a cent: http://www.coinflation.com/coins/1982-2007-Lincoln-Cent-Penny-Value.html#meltvalue They cost more than a cent to make, but that's because of overhead, wages, and such. And copper and zinc rounds are AV ounces because that's what base metals are measured in. It's only PMs that are measured in troy ounces.
