anyone buy copper?

[cortez]

http://www.providentmetals.com/bullion/copper/1-avdp-pound.html

[chad]

http://www.providentmetals.com/bullion/copper/1-avdp-pound.html


that's paying like twice what it's worth. i'll do you one better and sell you some one ounce silver rounds for $60 each...

[Sparky]

I don't see the purpose of buying these when a pound of nickels (91 nickels to the pound) has a melt value of $5.37, and a face value of $4.55. No sorting necessary.

So you can "buy" them at 0.85x spot.

And there are 146 pre-1982 pennies in a pound, with a melt value is $3.93/pound. (That's a cost of 0.37x spot.)

[ximmy]

pennies make more cents...

[Son-of-Liberty]

Nice novelty factor for the copper bullion but it is too expensive to make any sense as an investment. Pre 96 pennies (Canada) or scrap copper are how I save copper.