Discussion in 'Bullion Investing' started by jonathan layne, Apr 22, 2019.
am i the only one that is collecting lead as a form of bullion?
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Unless you are making bullets, for reloading what is the point. The current latest price for clean soft lead is .62 per pound. It won't climb that much in price in the future by much wheel weights and other non-cleaned scrap lead. Like the kind mined from the backstops of gun target ranges is going for .20¢ to.40¢ per pound
mine is all melted range lead. i do it for a few reasons. if i need a weight for something im making. soon ill be making random things out of it. i need more fishing weights sometimes. it is free the way i get it and i know it isnt worth much but some people need it for different things.
if that's what you are collecting it for then it works.
Yes Yes You Are....
Some others probably save a bit, but NOT as Buillon.
I have a bit of lead, not that I'll ever reload or make my own fishing weights.
A bit of copper and aluminum cans, but again they get recycled for cash.
never for bullion, but have collected lead for making fishing weights, duck decoy weights an bullets...
I know it's easy and fun to make things with it but I'd stay far and away from collecting lead and especially from melting it. This is especially true of wheel balancing weights that may be seen on street curbs and whatnot as other toxic elements are mixed into them. Vincent van Gogh was said to have exhibited symptoms of lead poisoning and he ended up offing himself. I'd take what you have to the nearest scrap yard and be rid of it.
It isn't actually bullion as that is defined as gold, silver , or other precious metals such as platinum and palladium, etc.. Copper, lead, iron steel, etc. is called a base metal.
I know quite a few people that collect lead. Their collections typically run the gamut from .22 to .50 BMG.
I love having chunks of lead around. About the most useful tool in my shop.
Grandfather made lead sinkers............ah, boyhood memories.
Duct tape is the most useful tool in my shop..........
Lead would have many uses, but making
Money wouldn’t be on of them....
I didn't know that duct tape was a precious metal. I need to update my precious metal spreadsheet
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