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<p>[QUOTE="10gary22, post: 1050834, member: 23626"]LOL. By investing, if you mean do I hoard every copper cent I can get ? Yes I do.</p><p> </p><p>I recently discussed this on another thread. If you have $100k that you can set aside, instead of holding nickels or any clad coinage, copper cents will give you more bang for your buck. A nickel may have a melt value of over 6c, but 5 copper cents have a melt of 13c. Of course I believe US Silver coins a wise form of insurance. Small enough to convert to currency or trade value easily in case of economic collapse, maybe moreso than gold coins whose high value may limit trade of them. and in the event copper would collapse and lose most of it's value, the coin is still worth a cent.</p><p> </p><p>Although, I do not believe we will ever be forced to trade PM's for gasoline or flour, one should be prepared for any disaster, natural or economic. IMHO[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1050834, member: 23626"]LOL. By investing, if you mean do I hoard every copper cent I can get ? Yes I do. I recently discussed this on another thread. If you have $100k that you can set aside, instead of holding nickels or any clad coinage, copper cents will give you more bang for your buck. A nickel may have a melt value of over 6c, but 5 copper cents have a melt of 13c. Of course I believe US Silver coins a wise form of insurance. Small enough to convert to currency or trade value easily in case of economic collapse, maybe moreso than gold coins whose high value may limit trade of them. and in the event copper would collapse and lose most of it's value, the coin is still worth a cent. Although, I do not believe we will ever be forced to trade PM's for gasoline or flour, one should be prepared for any disaster, natural or economic. IMHO[/QUOTE]
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