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Should be where's it at! 1972 penny doubled die confirmation.
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<p>[QUOTE="mynamespat, post: 2669346, member: 83738"]I actively avoided discussing the actual investment returns because at the scale I was considering, around 2006-2007, the returns were never good enough to follow thru. It felt too much like the Seinfeld episode where Kramer and Newman took the bottles to Michigan. However, the numbers are not insurmountable. If you take Economy of Scale into account, the costs of processing are marginal compared to the returns. If you already have the existing infrastructure and business connections, it's a no-brainer once the price of copper reaches at certain point. </p><p><br /></p><p>I think some who are used to retail margins would be surprised at how small the margins can be in high volume machining. 10% is a huge margin.</p><p><br /></p><p>The only reason Luhrmann was discovered is because he told an auditor exactly what he was doing, the auditor reported it, and the government took notice. The law banning melt and export was created after the fact. Luhrmann has since become one of the largest lobbyist for it's repeal.</p><p><br /></p><p>I considered making a copper anode for funs, but I am horrible with electricity so I would probably kill myself on accident.</p><p><br /></p><p>I've also been trying my hardest not to make this a how-to.[/QUOTE]</p><p><br /></p>
[QUOTE="mynamespat, post: 2669346, member: 83738"]I actively avoided discussing the actual investment returns because at the scale I was considering, around 2006-2007, the returns were never good enough to follow thru. It felt too much like the Seinfeld episode where Kramer and Newman took the bottles to Michigan. However, the numbers are not insurmountable. If you take Economy of Scale into account, the costs of processing are marginal compared to the returns. If you already have the existing infrastructure and business connections, it's a no-brainer once the price of copper reaches at certain point. I think some who are used to retail margins would be surprised at how small the margins can be in high volume machining. 10% is a huge margin. The only reason Luhrmann was discovered is because he told an auditor exactly what he was doing, the auditor reported it, and the government took notice. The law banning melt and export was created after the fact. Luhrmann has since become one of the largest lobbyist for it's repeal. I considered making a copper anode for funs, but I am horrible with electricity so I would probably kill myself on accident. I've also been trying my hardest not to make this a how-to.[/QUOTE]
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Should be where's it at! 1972 penny doubled die confirmation.
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