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View Full Version : anyone buy copper?



cortez
16th December 2010, 12:55 PM
http://www.providentmetals.com/bullion/copper/1-avdp-pound.html

chad
16th December 2010, 02:48 PM
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
16th December 2010, 03:14 PM
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
16th December 2010, 04:06 PM
pennies make more cents...

Son-of-Liberty
16th December 2010, 09:02 PM
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.