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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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<p>[QUOTE="ValpoBeginner, post: 2896693, member: 77066"]So I invested in some copper rounds, mainly cause I like the designs:</p><p>[ATTACH=full]696888[/ATTACH]</p><p>and</p><p>This one.</p><p>[ATTACH=full]696894[/ATTACH] [ATTACH=full]696895[/ATTACH]</p><p>I got them in the mail this week, and today I wondered when was Silver at this price, roughly $3.15 per OZ.</p><p><br /></p><p>I [ATTACH=full]696897[/ATTACH]</p><p>It doesn't look that long ago. Possibly 1970. So why the swing in price for copper (because more of it is needed for the electronics we need?). Could it become a precious metal like silver?</p><p><br /></p><p>Also got me thinking.... Can I take an ounce of pre 1982 pennies roughly 10-16 of them to a bullion dealer and get close to the spot price for them.</p><p><br /></p><p>It makes 16 cents turn into 3 bucks. I've always saved my pre 1982 cents for there copper value. Is it legal to ever cash them in for melt value?[/QUOTE]</p><p><br /></p>
[QUOTE="ValpoBeginner, post: 2896693, member: 77066"]So I invested in some copper rounds, mainly cause I like the designs: [ATTACH=full]696888[/ATTACH] and This one. [ATTACH=full]696894[/ATTACH] [ATTACH=full]696895[/ATTACH] I got them in the mail this week, and today I wondered when was Silver at this price, roughly $3.15 per OZ. I [ATTACH=full]696897[/ATTACH] It doesn't look that long ago. Possibly 1970. So why the swing in price for copper (because more of it is needed for the electronics we need?). Could it become a precious metal like silver? Also got me thinking.... Can I take an ounce of pre 1982 pennies roughly 10-16 of them to a bullion dealer and get close to the spot price for them. It makes 16 cents turn into 3 bucks. I've always saved my pre 1982 cents for there copper value. Is it legal to ever cash them in for melt value?[/QUOTE]
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Is copper the new silver? Prices higher. Bullion in bulk, likely to pay off?
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