Title | : | Is Copper A Good Investment? |
Lasting | : | 7.33 |
Date of publication | : | |
Views | : | 28 rb |
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NO Comment from : D Paul Sikand |
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Copper rounds are ridiculously priced Copper would need to more than tripple in price to ever break even which we all know will not happen in our lifetime Comment from : Ron Skancke |
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Copper is 'considered' as not a precious metal because people happen to fancy gold or silver way more but in reality it actual is a precious metal because it's the metal we rely on most that is also most affordable brAnd when the time comes I'll be doubling if not trippling* the value of whatever value of copper cents I'm saving from time to timebrAnd what ever copper cents that are remaining will have a premium value for what it is becoming rare from melting down the rest, it will go from common, to uncommon, to rare, to scarcity and value only goes up with thatbrThe US mint stopped minting copper pennies obviously after '82, what isn't so obvious is how any after that year are not legitimate copper Comment from : Chaser |
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There is no such item known as a US Penny Comment from : Richard N Scott |
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I do appreciate your videos Cheers🥃 Comment from : Christopher McCormick |
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Hi😂so what do you think about buying silver bars is it worth or is it better to just buy coins ? Thanks Comment from : Caroline Wati |
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Listen man all I know is I got a guy in Russia threatening to send us back to the Stone age every other week an ancient Mesopotamia slaves with travel hundreds of miles for copper so you know I'm just saying Comment from : player one |
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I salvage copper from electronic items as something of a hobby I have a few kilos of the stuff now, which is worth about 100 euro (I think) I wouldn't buy the bullion coins as the markup is too high, but I can't bare to see copper just thrown into a dump Comment from : Malicant |
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If you want investing in copper, buy yourself nice box of ammo Those bullets can be used as change, or direct currency, like give me a shot of Whiskey…… oh, Get couple guns as well, if you are investing in steel 😄😄😄 Comment from : NTRelnam |
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Pennys are no longer mint Comment from : Collectorinvest |
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I have a friend who started his coin shop in 64 buying at face value at the bank "They" laughed at him Copper will be the same Cheers Comment from : TRT |
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NO Comment from : MoonGoonJoon |
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Collecting copper pennies is a good idea for a couple of reasons People of all ages need something to do other than sit in front of the TV or computer many people have a lot of time on their hands and you your self said these pennies are worth about 2 1/2 cents each Just remember, doing anything other than crime and drugs are always worth doing in life T Comment from : Jean Casola |
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NoHo Hank? Comment from : Jim S |
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No Comment from : Lots of this and that |
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i know this is a old video but if you want copper at its spot price your gonna have to buy 25,000 pounds worth for one contract so spot really isnt a practical way to measure a product price for rounds or bars Comment from : ZombieChow |
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I've always collected copperbut not coinswire and pipingnever steal it but find bits at work cleaning housesthe only coins I save are the copper 2p and 1 p Comment from : Neil Smith |
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I have been working on getting a literal ton of these coins I might be almost to that point I feel they would make the perfect trade units based on the copper content kind of like silver 90 change I also save all the nickels too I incorporate copper in my overall metals portfolio It could be the first line of defense for trade instead of burning through my silver Comment from : Mystery Buyer |
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What about copper rounds as a means of barter in a shtf scenario? Seems like a good idea from that perspective Comment from : DR STRANGE LOOP |
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do you have a youtube on what you feel the price of silver will go too in the next two years? Comment from : Pujdak |
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This is how I invest in copper youtube/e8anM9sD1Mg Comment from : Rocksolid64 |
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Why does a kg bar cost 100$ and contains only 25$ worth of copper ? Comment from : Alan Murray |
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To be fair you should have compared larger copper bars and not coins The premium on an 1 ounce coin for minting and shipping is a couple Dollars Obviosly this makes no sense for 30 cents worth of material brbrIf one would want to stack copper, it should obviously not be 1 oz coins You should have compared 1kg bars etcbrbrI am not even saying that copper is a good invenstment I personally view it as worthless bulk we have way too much of But your examples still are not the fair and interesting onesbrbrThat beeing said, I really REALLY love your channel and your fact-driven approach to things It is this high expectancy that made me call this outbrbrPlease keep making interesting videos though! (: Comment from : DevineAbyss |
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Best exposure to copper are mining and processing stocks The metal it self is not worth the hassle Comment from : Paul Rond |
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Honestly I think copper rounds aren't bad Can't look at it in the aspect of making money or investing Having a stack or 10 or 20 rounds of designs you like isn't bad in the aspect of having something different Making money off them, no Having a few coins to enjoy the looks of them and having round you can handle without worrying about losing value in the round, not a bad choice in small quantities Comment from : Caps |
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I am not buying this shit Gold and silver , yes , Comment from : EVERY LAST BIT |
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Can you do a video on goldbacks I heard 28 states are accepting gold and silver as currency Comment from : Blackplumber333 |
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Why buy copper?? I get it free in the trash Comment from : Michael Whisman |
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There are copper pennies and believe it or not "zinc" pennies worth way more than silver coins and bullion put togetherplus copper is a healing metal and will be used for blockchain technology, new energy, and electric cars Comment from : Devine Declarations |
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Copper sucks as a store of value Comment from : Edward Midcrest |
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I’ve got 55 lbs of pre 1990 pennies But most are pre 1982 My 96 year old mother collected them throughout their 68 years of marriage I like looking through them and wondering how many places it’s been too! Comment from : Bdud |
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Thank you for clearing up my copper conundrum!! Comment from : KBChicks |
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Thank you Comment from : Terence James Music |
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For many years, 10 copper pennies had an equal value to a silver dime Think about that Also, a 1-ounce pure copper round requires much more time and effort to produce, resulting in a higher value than industrial copper, that is priced lower because it is sold by the ton, in very large ingots In 2007, the spot price on copper was a little over $300 per pound, today it is a little over $400 per pound, even though the money supply is more than 35 times greater Copper demand has been increasing, while production has been decreasing Comment from : George Clark |
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Sorry mate, I don't agree with you 2 reasons 1, some copper coins are worth a for fortune So it it wise to save copper coins 2, Copper at points in time will always go up You're worried about weight Grow stronger That's from the 13 th warrior Comment from : Robert Marquiss |
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I save my aluminum cans Some states offer05 a can Comment from : Silver Man |
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Copper coins are beautiful though and that's the appeal If cash goes away like many expect it to, I expect the coper coins to be worth way more than 200 each If I can get a loaf of bread for a copper coin, I'll be happy Comment from : TRSWOODWORKING |
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If you can avoid buying a cup of coffee maybe buy 1 or 2 of the copper rounds A beer? 4 or 5 rounds? Buy rounds as a nice addition to a collection Will copper go up like silver, who knows Just enjoy your coins Comment from : Tgurl Amber |
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No It’s $4 n ounce Comment from : Jared White |
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What about scrap wire? or copper pipe from a downed building? I think the world is going to all electric cars, so I think the world is going need HUGE amounts of copper, for electric motors, transmission lines, electronics, etc, etc, etc This "base" metal is the base of our new economy My guess is copper with 5X in price in the next 10 years Comment from : James McLain |
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I sell about 250-300 pounds of scrap copper every week Every scrapper in the world knows that copper bars are a big grift But someone must be buying them or they wouldn't stock them I do save pre-82 pennies LoL Comment from : ScrapDaddy76 |
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Penny's and nickels are good for holding some value and weight down a safe A layer or 4 of nickels and Penny's do weight down a bit Comment from : Tbj Tbj |
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Copper isn't weighed in troy ounces Its weighed in AVDP ounces A avoirdupois ounce weighs approximately 283495 grams A troy ounce is 311034768 grams Comment from : dennis brantley |
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🤣NO!😂 Comment from : TheGamersGalaxy |
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no Comment from : srh9893 |
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hi bald guy lol love the education video Comment from : xxMRxxOHIOxxMOBBxxSQUADxx |
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While this may have been true 11 months ago! -- Now (February 2023) there is a shortage of Copper! Comment from : PAUL BRITT GARCIA |
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Yeah, I have my house stacked with copper, basement to ceiling It’s called plumbing 😂 Comment from : Bobster986 |
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Is investing in copper bullion worth it Comment from : Philip Jackson |
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I hope silver is the next copper Comment from : FaxBullog 83 |
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#goldistreasure #silverismoney #copperisthethirdmonetarymetal Comment from : meta coppercoin |
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No Comment from : Paul6742 |
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I have a few copper rounds but I only got them because they have cool designs on them And they are great fidget items Not to mention they can be used kind of as a worry stone or something like that Maybe even a good luck charm 2 of my rounds are 2nd amendment related And I have a do not tread on me round And my last one has a cool dragon on it But again I got them for the designs not to resell them Comment from : Supermanrs0226 |
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That is a very similar story to the UK's pennies and two pence coins I save them only if I get them in change, just for fun Seriously, thanks for another great presentation Comment from : Andrew Ridewood |
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Fiat currencies have a 💯 percent failure rate fyi that means The United States Currency Which Is A Fait Currency 💵💲 Will Fail/Fall one day and that day looks like it's coming sooner than we think 🤔🤨🧐 Comment from : Stockpile Precious Metals |
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For anyone on a budget, forget copper rounds and fractional pervious metals Meaning don't but 1/50th oz of gold Even if it is just $5 a week you can save that is ok Save up your money, go somewhere reputable and buy 1oz silver piece Verify the place is reputable Again verify the place is reputable Right now 1oz pieces of 999 silver are just under $30 So in a month and a half at $5 per week you can start stacking Comment from : Jake Outdoors |
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What about copper bars? Comment from : Algonaut |
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Copper is usually measured in regular OZ due to its base metal status Not an expert myself, but 1 coin of 199$ should even be a worse deal Comment from : Nikolay Vakrilov |
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what about the global copper shortage? Comment from : Rowen Antunes |
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If copper continues to rise, pre 82 could be worth the hold It’s free money Comment from : The Las Vegas Kid |
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Pre 1982 pennies are worth close to 3 cents I figure Copper will rise to $15/lb so a penny will be a dime Likewise if you can acquire copper scrap or pipes at garage sales it won't make you rich but there will be a profit in time, or even now if purchased below price Comment from : Glad to Serve You |
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No Comment from : B |
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I want to sell air and water lol Comment from : Nada Anilom |
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I'd say a copper bullion bar/coin would just be a novelty item Comment from : Theropod Hunter |
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I bought one twelve thousand wheat back pennies a couple of years ago for six hundred USD I'm just going to hold on to them Comment from : Robert Fritchey |
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That's ok if you don't collect copper pennies That leaves more for me lol Comment from : Robert Fritchey |
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Thank you for the lesson in copper I was going to purchase some copper bullion, And came across your video prior to doing so Comment from : BAXTER SOLO |
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I wouldnt consider collecting coins or buying bullion, but as someone who rips houses down regularly, I do save all the copper wire I come across and clean it It costs nothing but my time occasionally and may pay off in the future!? Comment from : Oliver Bruce |
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Strip scrap wire and melt and cast in 1 ‐ 2,2 pound blocks polish and shine, and they sell on e-bay for $15-25 many times the value There is always a way to skin a cat Comment from : Ted Papesh |
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Industrial, will go up when manufacturing is high When China ends all lockdowns and the recessions are over it will go up Comment from : Glynn Nelke |
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I'm pulled in by the stunning copper rounds I used to work near the copper mines in Arizona But, 199 rounds price 4 dollar lbs average Not wise investment But I want those rounds Comment from : JR Roger |
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I definitely agree there’s no point in buying copper rounds, coins, or bars unless you’re doing it just to have a few cool pieces However I do have a stash of pre-82 pennies It costs me nothing other than sifting through my pocket change and tossing them in a ziploc bag If pennies are ever discontinued at some point, hey, I’ll have some bulk copper to scrap which in turn I can buy more silver with If that never happens, well I just have some big bags of pennies Love all your videos! Comment from : chris lynch |
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What's the future of copper mining? We seem to be entering an age of scarcity Is it possible even base metals are going to jump? Comment from : Chris M |
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Are copper coins worth stacking? Depends how you look at them I am convinced that someday I will chuck my keyboard, rent a stall in a Florida flea market, sell a few of the coins at 20 markup, and give the majority of these beautiful, shiny coins to kids who appreciate their luster The value of these coins are not in the metal, but in the dream Comment from : Stax |
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i am a new investor and i have bought some copper bars for there beaty i have bought some gold dollars i,m mainly into silver your videos are awesome this is a hobby for me and an investment in my daughters future Comment from : mickey honker |
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I got some copper - cause I will create a self sufficiant permaculture farm and its always good to have some raw material for electrolysis, anti-bacterial things and so on ;) Comment from : Gernot Fröhlich |
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I collect copper wire and sell for scrap and it has been very profitable Comment from : Walt Hill |
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I actually get angry when I see online bullion dealers promoting copper So unethicalbrIf you want to stack copper, stack copper bullets Comment from : LiveSimply |
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The problem with copper is that you will have to buy it by the cubic feet rather than by the ounce 😛😉 Comment from : Viper Racing |
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You would have to buy and store by the ton to make any serious money Comment from : Mark Gotschall |
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Thanks for your advice I have a question: From where do you buy gold & silver ? Comment from : utsho sadhak joy |
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Extremely pure copper (greater than 9995), called electrolytic copper, can be made by electrolysis The high purity is needed because most copper is used to make electrical equipment, and small amounts of impurity metals in copper can seriously reduce its ability to conduct electricity Comment from : Leaf Eryvine |
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Copper investment is a joke,brPlease don’t do this, Comment from : Anthony Greenwood |
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I like the way he says "boolyawn" Comment from : TXLionHeart |
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Copper will never hit 10oz Comment from : SilverBack EL Torro |
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I have probably 40 or 50 copper rounds of various designs I don't buy them as any kind of investment I know they will never be worth that much I just think they are really cool! Comment from : Invictus Unum |
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Yes don't collect copper !!! LOL HA HA HA Aluminum is much easier !!! LOL HA HA HA Comment from : Lehi Silver |
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Before the Colonies broke off from the England, it was actually illegal for gold from England to be sent to the new world by order of the king The daily coinage used in the Colonies as well as Canada was silver and copper coin Now that is not to say that English gold did not make it over to the new world, but it was illegal contraband It was the shortage of coin that started the printing of paper money as far back as the 1600's in Massachusetts Yep, fiat money Comment from : Robert31352 |
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I’d say it’s only a good investment if you can’t afford silver Comment from : Watcher of Things and Stuff |
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I have recently bought some 1 oz copper coins from SD Bullion as they were on sale Not for investment, and not for collecting I'm making some capacitive touch sensor light switches mixed wood from my property and embed these coins (or bars in the future) This makes for some very pretty contraptions Might make a vid on how to build them Yeah, the premiums on these coins are insane, but $149 after adding all the other electronic components is just a drop in the bucket Pennies were not as nice for such a project Comment from : Stephane Come |
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