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Copper Rounds

WillieBoyd2WillieBoyd2 Posts: 5,282 ✭✭✭✭✭
edited September 9, 2024 12:49PM in U.S. Coin Forum
Copper "Rounds" have been appearing at coin shows this year.
They have one ounce of copper and retail for $2.00.
The designs are taken from old US coins.

image
Obverse: Indian head / LIBERTY / 1929
Reverse: Eagle / GOLDEN STATE MINT / E PLURIBUS UNUM / IN GOD WE TRUST
1 OUNCE .999 FINE COPPER
Metal: Copper Size: 38mm Weight: 28.78gm
The design is based on the United States Indian Head $5 gold coin issued from 1908 to 1929

One does not have to wait for the US Mint Kennedy coins:

image
Obverse: John F. Kennedy facing left / LIBERTY / IN GOD WE TRUST / 1964
Reverse: Eagle and shield
COPPER.999 FINE / USA / ONE A.V.D.P. OUNCE (Avoirdupois)
Metal: Copper Size: 38mm Weight: 29.07gm
The obverse design is based on the United States Kennedy Half Dollar of 1964.
The reverse design is based on the United States Liberty Seated coins

image
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Comments

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    oh goody.
    some more future "those aren't worth anything" items for dealers to piss their customers off with.

  • Mission16Mission16 Posts: 1,413 ✭✭✭


    << <i>oh goody.
    some more future "those aren't worth anything" items for dealers to piss their customers off with. >>




    Agree with the statement. Of course, if you go to any coin show you will see these things at about every fifth table. And I will happily buy them for the metal content: about $.20 right now. image
  • 291fifth291fifth Posts: 24,736 ✭✭✭✭✭
    They could at least do original designs.
    All glory is fleeting.
  • PerryHallPerryHall Posts: 46,946 ✭✭✭✭✭
    These have been around for several years and are being promoted as "copper bullion" although the term bullion only applies to precious metals and copper is definitely not a precious metal. Strictly a novelty item and not for serious investment given their high markup over their melt value.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Klif50Klif50 Posts: 703 ✭✭✭✭
    I get them from J&M bullion when I make my ASE orders and stuff and they are $1 each with free shipping. Some have pandas, some have snakes, lots and lots of different designs on them. I like them for the novelty, the cheap enough price and the artistic look of them. I don't buy them to invest in copper futures but as neat little pieces of art. I've also gotten a few of the indian head gold pieces, indian head cent, walking liberty half dollar and a bunch of other designs. They are cheap and cute, what's not to love (plus they make great little weights to put on top of the cash I leave on the table when we go out to eat).
  • johnny9434johnny9434 Posts: 29,450 ✭✭✭✭✭
    that kennedy looks pretty neat
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    copper is $3.23 a pound

    LCoopie = Les
  • Klif50Klif50 Posts: 703 ✭✭✭✭


    << <i>copper is $3.23 a pound >>



    Right, and I'm not saying that this is a good way to invest in copper (or even that investing in copper is a good idea). They are novelty items with no face value, just something that is neat and for a buck a piece I don't mind spending the money and having them to look at. For 2 dollars each plus postage I wouldn't bother as they aren't quite that neat.
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    I'd much rather look at a silver round or a gold round
    LCoopie = Les
  • PerryHallPerryHall Posts: 46,946 ✭✭✭✭✭


    << <i>copper is $3.23 a pound >>


    So, these 1 oz copper rounds have a little over 20 cents worth of copper.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BillJonesBillJones Posts: 34,898 ✭✭✭✭✭
    Unless you are into the designs and these things therefore give you pleasure, they are NOT an investment.

    Storing silver is bad enough, but with copper you have to have so much it to amount anything monetarily, it's not worth even considering.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • TassaTassa Posts: 2,373 ✭✭
    I had a table at a local show a few months ago and the dealer next to me had cases of these things. Other than a few Morgans, it looked like the copper rounds and copper bullets was all he brought and he drove in from out of state. I was amazed by how much attention they got and how much of a premium people were willing to pay for them.

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