Why do you think ?

A wile back I purchased some Bus Bar copper I must have around 30 # of it naturally I paid over spot but was at the time $7 per pound with shipping so I felt relatively it was a decent for ebay I won the bids 3 times out of the sellers 10 auctions . Finally he had no more to sell
and I have never seen this type again .
I feel even with copper down I could sell at the very least back @ original cost .



Still what I wonder is , how come the copper Bullion Coins Bars . seem non reflective
of the spot CU market . Is that a good real thing or a bubble waiting to burst

Silver has truth it goes up and down . When the fancy copper follows the spot CU market
is the day copper Bullion has reality. I noticed JM bullion was selling a 10 pound CU bar for $59
and copper went down on the spot market & it is now $64 . How can that be a proper investment ?

Pardon my ignorance, but $7.00 per pound for copper?

Ok yeah yeah
Lets get down to the copper basics

we have what we find free varying from
Bear Bright
Wire or pipe = CU #1
Wire or pipe = CU #2
Free find is best profit .
--------------
Now come the unique copper's
Same value at yards but premium on Ebay
Bullion Bars , copper chunks from AL heat sinks from CPU (computers)
Coins @ 1 0z 1 oz bars
considering a 10 pound bar sells for $70 on ebay or there abouts thats the deal

So I found some nice Bus bars about 2 years ago ( copper was up remember)
for future Ebay investment 's
are they really worth $7 # nope but some body will pay
they are some thing to behold a thick copper bar
heavy for it's size .Will I seek out more and more NO
but as a scrapper it's fun to have some odd ball items
just to have & at the very least it's not lost money
like so many other things .I'd take them fancy CU items
any day over some crappy burger i should of just waited on .till I got home to eat
some lower cost home cooked food.
If I have time I'll take some pic's of my fancy coppers .

So I was just saying as copper drops I just wonder why the bullion type seems non reflective.
yes it's over priced but should still be reflective of commodity market.

Originally Posted by ElectricLiquidators

If you want to buy copper bus bar for $7 a lb, I will sell you a couple thousand pounds of it.

If you have some I will buy some But they have to be true thick heavy
small flat rate USPS $6 will leave you profit
as will a med USPS $15 flat rate even better
I'll buy some but they need to be nice even the ones with a touch of silver or tin coating I like
I'll put my money where my mouth is but no I don't want thousands of #

The reason why Bullion and Coin command a higher price in the marketplace is because they have added value in that it is marked directly onto the metal what exactly it is. As well, the name of the mint that did so which adds credibility.

I deal with NTR Metals in trade sometimes, where I can take my refined precious metals and trade them straight across for minted rounds. Silver weight for Silver weight, because I can then retain not only the value of the silver, and in an easy form at that, which I can directly spend if things ever fell apart. But also it is a known minted coin by a reputable precious metal company that dealers recognize.

Anytime you are able to exchange your precious metals, including copper, for anything known and minted, you would do well to do so.

Scott

I buy coins from JM Bullion $100 orders have free shipping & if you except the reality of commodity spot market JMB has some decent sales of under a $1 over spot .
What they sell is real , I don't worry about fake silver.

If any thing good came of all my scrap adventures is the fact I earn more scrap money then silver purchased - hence scrap has bought all my Sliver. It's never ceased to amaze when I'd cash out a truck load of bulk scrap and then stop by my local coin shop and walk out with = silver from the scrap yard pay out.

Now I use JM Bullion and some times it take a nervous push from me . You know the cash looks good in my hand but I go on the web sight and make the order . I force myself .I'm to worried not to buy silver ???
I was saving nickels for a wile but I put my faith in silver . Silver is priced well & useful in all that is needed in our world
I don't know what the future will bring , but if I had scrapped since age 18 and scrapped with the concept of gold & silver I'd be very rich now .
Any newbie particular 18 to 30's you have a chance to get rich just with the years you have in your favor & scrapping can do it .

A simple formula have a job that is sufficient to pay life expenses . Then scrap and use all scrap profits towards investments
after 30 years how could you fail, it's a lot of scrapping but can be done you wont regret it.