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<p>[QUOTE="BooksB4Coins, post: 2360819, member: 36230"]First, do you really think it wise to directly compare a precious metal to copper? </p><p><br /></p><p>Now, as you said, "trade relative".... this is key here because that's exactly what is not happening. The "value" being directly attached to 95% copper cents is at of grade A copper (pure, clean), and is the heart of the problem. The copper contained in cents, in order to be worth grade A prices, must be refined. There, unfortunately, is no "relative" about it. Even though a poor comparison, would you consider 4toz (total silver weight) in 35% nickels or 4toz .999 to be worth the same price? That is essentially what Coinflation (and the like) are doing with their quoted values.</p><p><br /></p><p>Just because we've all seen people paying more than a cent, does this automatically mean the facts should be ignored? If one wishes to pay a premium (above face) for 95% cents, shouldn't it be based upon the value of the copper in its present form? Again, would you pay .999 silver money for war nickels, or would you expect the price discounted due to content? Well, that is exactly what is NOT happening with cents.</p><p><br /></p><p>This is really quite simple.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2360819, member: 36230"]First, do you really think it wise to directly compare a precious metal to copper? Now, as you said, "trade relative".... this is key here because that's exactly what is not happening. The "value" being directly attached to 95% copper cents is at of grade A copper (pure, clean), and is the heart of the problem. The copper contained in cents, in order to be worth grade A prices, must be refined. There, unfortunately, is no "relative" about it. Even though a poor comparison, would you consider 4toz (total silver weight) in 35% nickels or 4toz .999 to be worth the same price? That is essentially what Coinflation (and the like) are doing with their quoted values. Just because we've all seen people paying more than a cent, does this automatically mean the facts should be ignored? If one wishes to pay a premium (above face) for 95% cents, shouldn't it be based upon the value of the copper in its present form? Again, would you pay .999 silver money for war nickels, or would you expect the price discounted due to content? Well, that is exactly what is NOT happening with cents. This is really quite simple.[/QUOTE]
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