So, I strangely want this...

tneig · February 20, 2019 10:12AM

Maybe not a real PM but folks do hoard copper. See photo. $7.99 oz.

Oh, and to make this a legit PM message. As soon as spot silver went over $16 I posted an ASE ad and sold all 10 in minutes at $18, ding marks, spotting, and all. Albeit better stuff than I had been selling for that price.

MattTheRiley · February 20, 2019 10:34AM

Cool, but 7.99 oz! Yikes! I know Geiger stuff commands a premium, usually, but that just seems like a cash grab to me!

MorganMan94 · February 20, 2019 10:51AM

At around 46x melt value I don't see how you can go wrong.

Swampboy · February 20, 2019 11:18AM

Hate to say what X melt this cost.

tneig · February 20, 2019 2:34PM

I have a feeling if they were going to bother with the copper market, it had to be worth more than a dollar profit. I would do the same. But its not an investment thing as much as a collectors thing.

@MattTheRiley said:
Cool, but 7.99 oz! Yikes! I know Geiger stuff commands a premium, usually, but that just seems like a cash grab to me!

bronco2078 · February 20, 2019 2:37PM

I know a guy that bought a bunch of tin ingots , he insists that there will be some sort of demand for it

MsMorrisine · February 20, 2019 3:55PM

I own a generic kilo brick just for fun. I think way back when I paid $9.99 and thought I was nuts. I suspect it will be worth less than melt until we have dug all the copper. Any day now.

Weiss · February 20, 2019 8:58PM

I'd like a 100 gram Gieger silver bar like that one. But no cooper for me.

I just did a search on eBay to find out about what the typical 1 ounce copper "bullion" pieces sell for. Seem to be about $2 to $3 each--many with $1 or $2 shipping

That's kind of ironic:

A copper cent weighs about 3 grams. So if you reach into your pocket or the change jar on your night stand and pull out 10 or 12 pre-82 copper cents, you can literally have an ounce of copper for...ten or eleven cents.

And how about this: even with the minor silver run-up recently, you can still buy an actual silver dime for maybe $1.25 or $1.50. You can probably get a silver quarter for maybe $3.

But people are apparently buying copper rounds as if they have any value. I know they're "cool" or "pretty", I get that some people will collect whatever they are drawn towards. But if you really want to save copper, just sort your cents at the end of the day. Or better yet, take those pennies and buy a silver dime instead.

Jinx86 · February 20, 2019 9:04PM

@Swampboy said:
Hate to say what X melt this cost.

Mine was a gift. Kind of. I bought a collection and this was in the pile of things I didnt want, they were going to throw it away so I kept it as a paper weight.

Timbuk3 · February 20, 2019 10:13PM

Way "cool" !!!

idratherbgardening · February 21, 2019 7:39AM

You need all three!

tneig · February 21, 2019 9:11AM

I'm not so sure why some would collect copper as well, but I do. They make great gifts.
I've tried this too; Put an eagle or silver quarter in one palm and a copper 1oz coin in the other palm, and ask which one they want.

@idratherbgardening said:
You need all three!

tneig · February 21, 2019 9:12AM

I would def like all three, but maybe start with the silver and copper.

Downtown1974 · February 21, 2019 9:19AM

Great looking collection tneig! I do not own any, but I see why you like them.

LukeMarshall · February 21, 2019 9:31AM

@MsMorrisine said:
I own a generic kilo brick just for fun. I think way back when I paid $9.99 and thought I was nuts. I suspect it will be worth less than melt until we have dug all the copper. Any day now.

I notice that APMEX is selling Geiger Copper kilos for about 66 bucks a piece.

I like the look of it, but the price turned me off...

https://www.apmex.com/product/87445/1000-gram-copper-bar-geiger-poured-9999-fine

Tneig, I feel there same about the one ounce... It's pretty yes, but so much premium for an in production semi-precious piece.

Don't forget, it's most likely gonna look like a square of chocolate after a while if it doesn't come in/stay sealed in plastic.

asheland · February 21, 2019 2:26PM

A few years ago, I got the 500g and kilo poured coppers by Geiger, I overpaid, but it's ok. I like them.

MsMorrisine · February 21, 2019 3:27PM

I like the look of the small lump better

VanHalen · February 21, 2019 3:57PM

@idratherbgardening said:
You need all three!

I'm surprised how close in size those appear to be. The thickness must be quite different no?

idratherbgardening · February 22, 2019 5:10AM

@VanHalen said:
I'm surprised how close in size those appear to be. The thickness must be quite different no?

Yes the thicknesses are different especially on the gold one. APMEX had both the silver and copper for sale at one point but the gold one I had a friend buy for me in Germany.

ricko · February 22, 2019 8:22AM

I have not 'collected' copper rounds or squares... I do have a couple of copper rounds that I acquired somehow... years ago... do not remember how or why. I stick with gold or silver for my PM stacks... Cheers, RickO

element159 · February 22, 2019 8:25AM

I really like the look of a set of copper, silver, gold. Nice!

element159 · February 22, 2019 11:31PM

I looked for these but I could not find any for sale right now. I want the Cu and Ag ones, I really like the look of the full set with Au, but I could afford the first two now!

topstuf · February 23, 2019 8:11AM

If you can buy it wholesale, buy copper tubing.
https://www.macrotrends.net/1476/copper-prices-historical-chart-data

It's not only copper, but a fabricated product that is always in demand.

johnny9434 · March 9, 2019 9:04AM

I got a few copper rounds thru the years that's about it.

So, I strangely want this...

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