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Copper Bullion Rounds one last time

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  1. #1
    Copper Head started this thread.
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    Copper Bullion Rounds one last time

    I know we have talked before of Bullion Rounds .
    First lets cut to the chase on a weekly basis as long as you find items you find copper that can be sold
    thats all , So who needs Copper Bullion Rounds Yet fact is there is a market for the rounds , year after year I see it . prices are stable, people do buy it.
    E bay sells Amazon also - lots of mints sell them. So when is real real What is your prediction, will the Copper Bullion market crash and the 500% over spot give or take be lost or will it always have it's own isolated market .
    it's a small market compared to precious metals and a bit of a joke but the Copper Bullion Rounds are a market .
    If you had boxes of them at low purchase price you could sell at a profit slowly but surely .

    I have my doubts of the copper market getting above $5 or $ 6 - IMO copper is going to diminish in items for us FIND IT SCRAPPERS Currently us scrappers take for granted as to how we find it with a simple drive around town .
    the future of AL wired motors - Al wire - TVs void of copper - AL pipe - PEX - PVC - Pipe , to name some eliminate the use of copper .

    Copper prices in the Copper Bullion market has nothing to do with a shortage of reality .
    It could be scarcity for scrappers and or the hunters of copper . Once you can't find it - real or not, the value of Copper Bullion Rounds will have a reality
    Is there really a shortage of Silver or Gold or is it a created rarity.
    Long term - if scarcity can be created Copper rounds can seem or Be ? a investment But a delicate one at that .
    If society can be convinced of - Bit coins - Paper Money - Copper still has possibility's .
    I can tell you this I still find copper but I find less then 5 years ago. I am sure if I had been looking for copper 10 15 20 years ago I would really be able to see the true trend of what is happening . I do remember 10 - 15 years ago seeing copper gutters at the curb . That ain't NOW !! At the curb 98% gutters are plastic- a lucky find if AL at this point.

    Last edited by Copper Head; 02-04-2014 at 06:13 PM.


  2. #2
    SuperDave's Avatar
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    The way I get mine is to hammer'em out of AL heat sinks. I've got some nice "rounds" that way.

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    travistemple202020's Avatar
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    i use some of my copper like from yokes and things and trade for them or buy a monster box but not so much for reals like in ever being able to use them as currency but more for fun collections and also I will have some made with my business info and thankyou as a fun way to give a nice thanks to my regulars or for new business.

  4. #4
    Copper Head started this thread.
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    Well if some one owed me $200 I would take 200 onces of copper why not, so don't think some day it could not happen
    You know when my theft happened , 40 onces of copper coins were taken so as i feel now yeah he took 40 bucks .
    I

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    I am sitting on about a thousand pounds of copper right now (#1 and #2 combined). If the yards would take ingots and there was an economical way of melting them I would create a bunch of 25 lb ingots, makes for easier storage instead of in 5 gallon buckets. Not as pretty as some of the 1 ounce copper rounds I have seen, but would still be bullion, more or less.

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    Copper Head started this thread.
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    Quote Originally Posted by wayne1956 View Post
    I am sitting on about a thousand pounds of copper right now (#1 and #2 combined). If the yards would take ingots and there was an economical way of melting them I would create a bunch of 25 lb ingots, makes for easier storage instead of in 5 gallon buckets. Not as pretty as some of the 1 ounce copper rounds I have seen, but would still be bullion, more or less.
    A Investment of 1000 you could buy a Propane Gas Furnace 600 oz Gold Melting Capacity Smelting Portable Silver Copper | eBay then you could sell to the public Copper Bullion Bar 2 | eBay . I have not taken the chance - But figure you could sell at a great premium But heck can you imagine the work and time to melt 1000#

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    Quote Originally Posted by Copper Head View Post
    A Investment of 1000 you could buy a Propane Gas Furnace 600 oz Gold Melting Capacity Smelting Portable Silver Copper | eBay then you could sell to the public Copper Bullion Bar 2 | eBay . I have not taken the chance - But figure you could sell at a great premium But heck can you imagine the work and time to melt 1000#
    That would be a thought, but a grand is a pretty steep investment. I noticed the ebay post is for copper bullion, but the description says "hand poured yellow brass". A bit of a difference there. And you are right, it would take quite a while to melt half a ton, but if I was to get it done I sure would be able to store it in a relatively small area.
    Last edited by wayne1956; 02-05-2014 at 01:25 PM.

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    Copper Head started this thread.
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    Decent yards have hand held metal scanners they know what it is .

    I look at that bar and it's copper , He listed as both.

    Better choice gotta be electric models , It would be a great investment even just to make 1 once cubes . say it took five years Thats money in the bank .
    I never successfully melted copper so I don't know it's temperament . I would assume copper pipe melts with least waste or most efficient. I tried some wire once and it started to char up . Pipe I could not budge to melt .
    I figure first getting pipe to melt would be key then once you have it started the more delicate wire could be added I figure ?
    Last edited by Copper Head; 02-05-2014 at 11:17 PM.

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    It sounds reasonable to add the wire after you get pipe to melting, keep the wire from burning off.

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    EcoSafe's Avatar
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    Yes there is a market for copper rounds, I believe it would be considered a semi PM just as there are semi precious stones. The market is down partly because Japan stopped buying, and Turkey and china stopped building.

    If the SHTF then I believe copper will become a sort of coinage as every one recognises it, also copper can be made into many kinds of tools with out much effort or sophisticated equipment. I can be almost as hard as steel if treated the right way.

    every one cant make a steel axe or knife but most any one can make either out of copper.
    "anyone who thinks scrappin is easy money ain't doin it right!"

  13. #12
    Copper Head started this thread.
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    Gresham's law is slowly proving true of copper pennies , I am surprised the Gov has not tried to fool us into Zinc all around - all our coinage currency

    To mint a penny it varies in cost year to year but for 2014 it cost 1.83 cents to make a penny including the cost of zinc so one OZ of zinc pennies is around .60 cents for Gov to make .
    currently you can buy your own OZ of copper coins for $1 out of 999.9 Copper and some people pay as much as $3 and $4 I guess for what they feel are unique designs .

    From research removing the zinc from a copper penny is doable , getting caught could land you in jail.
    Gotta figure on the down low people are melting pennies
    for profit.


    28.3495 grams is an ounce
    1982 penny is 3.11 grams

    http://www.ebay.com/itm/251442682051...84.m1431.l2649 is a reality

    so with Dross 50 or less pennies should make a 4 ounce bar

    Disclaimer
    In anticipation of the business of melting down US pennies and US nickels for profit, the US Mint, which is a part of the US Department of the Treasury, implemented new regulations on December 14, 2006, which criminalize the melting of pennies and nickels and place limits on export of the coins. Violators can be punished with a fine of up to $10,000 USD and/or imprisoned for a maximum of five years
    Last edited by Copper Head; 02-06-2014 at 10:25 AM.

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    Bump


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