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<p>[QUOTE="adric22, post: 1447388, member: 38146"]Actually, I've tried gun collecting. At one point I thought that was the way to go. So I bought some old WW-II era pistols as investments. The problem I discovered was two fold. First problem was that I had to become an expert in what I was buying in order to know what was a good deal. Second thing is that a good collectible gun will cost $1,000 or more and I usually don't have that kind of money laying around. That is why I switched to silver. I can buy a few silver eagles each month without breaking the bank. Plus, no research is required other than the knowledge of what an ounce of silver is valued at. </p><p><br /></p><p>My main reason for wanting copper is simply that i wanted to diversify a bit and I can't afford any gold or platinum. However, after spending the last few days researching this quite a bit I've come to an understanding. Here's what I've found:</p><p> </p><p><b>Copper coins</b> seem to be way overpriced, no matter where I look. Some places are worse than others. However, in the short term they aren't a bad investment because the resale value of the coins seems pretty stable. For example, I could buy a few thousand coins on ebay if I lowballed a whole bunch of auctions until I got them at a good deal. Then I could turn around and sell them off small portions at a time and get my money back and maybe then some. However, I'm worried that if copper really does become a good investment medium then the price of these coins will eventually be more like silver where the coins are valued based on the metal content.. In which case these coins selling for $2.00 a piece will drop to $0.25 a piece. Or, if people realize copper is a bad investment, the coins will still lose value. So I'm convinced the coins are a waste of money for the long-term.</p><p><br /></p><p><b>Copper Bullion Bars</b> seem like a better deal. If bought in huge bars and large enough quantity I've been able to locate deals that are just marginally above spot value. But you have to be prepared to buy thousands of dollars worth of the stuff. In the long term, it would probably be a good investment. </p><p><br /></p><p>So that seems to be the crappy thing about copper. The whole idea for me is I wanted something I could buy maybe $50 a month. The trouble is, unless I'm prepared to chunk down several thousand dollars, I can't buy it cheap enough to be worth it.</p><p><br /></p><p>That being the case... I guess I'm going to stick with Silver Eagles and silver bullion bars for the time being.[/QUOTE]</p><p><br /></p>
[QUOTE="adric22, post: 1447388, member: 38146"]Actually, I've tried gun collecting. At one point I thought that was the way to go. So I bought some old WW-II era pistols as investments. The problem I discovered was two fold. First problem was that I had to become an expert in what I was buying in order to know what was a good deal. Second thing is that a good collectible gun will cost $1,000 or more and I usually don't have that kind of money laying around. That is why I switched to silver. I can buy a few silver eagles each month without breaking the bank. Plus, no research is required other than the knowledge of what an ounce of silver is valued at. My main reason for wanting copper is simply that i wanted to diversify a bit and I can't afford any gold or platinum. However, after spending the last few days researching this quite a bit I've come to an understanding. Here's what I've found: [B]Copper coins[/B] seem to be way overpriced, no matter where I look. Some places are worse than others. However, in the short term they aren't a bad investment because the resale value of the coins seems pretty stable. For example, I could buy a few thousand coins on ebay if I lowballed a whole bunch of auctions until I got them at a good deal. Then I could turn around and sell them off small portions at a time and get my money back and maybe then some. However, I'm worried that if copper really does become a good investment medium then the price of these coins will eventually be more like silver where the coins are valued based on the metal content.. In which case these coins selling for $2.00 a piece will drop to $0.25 a piece. Or, if people realize copper is a bad investment, the coins will still lose value. So I'm convinced the coins are a waste of money for the long-term. [B]Copper Bullion Bars[/B] seem like a better deal. If bought in huge bars and large enough quantity I've been able to locate deals that are just marginally above spot value. But you have to be prepared to buy thousands of dollars worth of the stuff. In the long term, it would probably be a good investment. So that seems to be the crappy thing about copper. The whole idea for me is I wanted something I could buy maybe $50 a month. The trouble is, unless I'm prepared to chunk down several thousand dollars, I can't buy it cheap enough to be worth it. That being the case... I guess I'm going to stick with Silver Eagles and silver bullion bars for the time being.[/QUOTE]
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