Does anyone collect copper rounds?
Panda4456
Posts: 362 ✭✭✭
I was looking online at some private mint copper rounds. Some have nice designs. I saw this guy on YouTube that has a collection of them. Since these can be bought at $2.70 each for the most part I might buy a few. Does anyone collect these? I know they won’t go up in value but they look like they’d be fun to collect. Are there any cons to these? Do they get red spotting ?
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I have a few, just for fun
Mr_Spud
I don't waste my time. I guess it is fun for those on a tight budget.
I only see issues with storage over time.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Ditto. I have a few with a rattlesnake on them.
You mean like moisture getting on the rounds or just running out of space to keep them in?
I guess both. I stopped buying silver since I was running out of space. Switched to gold instead and may convert some silver to gold. I can't imagine stacking copper as an investment. Personally, I'd be very cautious about buying above melt.
I've seen several copper sellers at local shows. They apparently do quite well, everyone has a few bucks to buy something. Better than going home empty handed.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
That’s true ! Even if it is more than melt it’s still cheap for people to buy one or two
Copper is way up right now (around $3.60/lb). I’d think there’s more value on the art than the round, right?
Easy to scrap, I suppose.
Everyone should buy more cooper, though. And don’t say I’m biased just because I work at a copper mine and want a bigger bonus.