OZ copper rounds - true or false

Originally Posted by Copper Head

It takes 9 Copper pennies to equal 1 oz or .9 cents face value with a melt value .20 cents from a spot copper price @ $3.3755 / pound

1) @ $1 per oz coin = copper will have to be in the area of $1.06 per once = CU @ $17.00 per pound
2) @ $2 per oz coin = copper will have to be in the area of $2.12 per once = CU @ $34.00 per pound

This is just my opinion but....

We get those type of copper prices....your really going to wish you were in gold. 1 oz copper rounds?......uh no. Hoard copper?. Do it in pre '82 pennies if you really feel the need. There is no markup and they are everywhere (for now). Then do your best to trade your copper for silver and then your silver for gold if you want to stay ahead of the wave.