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Copper Bullion Rounds one last time

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  1. #1
    EcoSafe's Avatar
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    Yes there is a market for copper rounds, I believe it would be considered a semi PM just as there are semi precious stones. The market is down partly because Japan stopped buying, and Turkey and china stopped building.

    If the SHTF then I believe copper will become a sort of coinage as every one recognises it, also copper can be made into many kinds of tools with out much effort or sophisticated equipment. I can be almost as hard as steel if treated the right way.



    every one cant make a steel axe or knife but most any one can make either out of copper.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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    Copper Head is offline Metal Recycling Entrepreneur
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    Gresham's law is slowly proving true of copper pennies , I am surprised the Gov has not tried to fool us into Zinc all around - all our coinage currency

    To mint a penny it varies in cost year to year but for 2014 it cost 1.83 cents to make a penny including the cost of zinc so one OZ of zinc pennies is around .60 cents for Gov to make .
    currently you can buy your own OZ of copper coins for $1 out of 999.9 Copper and some people pay as much as $3 and $4 I guess for what they feel are unique designs .

    From research removing the zinc from a copper penny is doable , getting caught could land you in jail.
    Gotta figure on the down low people are melting pennies
    for profit.


    28.3495 grams is an ounce
    1982 penny is 3.11 grams

    http://www.ebay.com/itm/251442682051...84.m1431.l2649 is a reality

    so with Dross 50 or less pennies should make a 4 ounce bar

    Disclaimer
    In anticipation of the business of melting down US pennies and US nickels for profit, the US Mint, which is a part of the US Department of the Treasury, implemented new regulations on December 14, 2006, which criminalize the melting of pennies and nickels and place limits on export of the coins. Violators can be punished with a fine of up to $10,000 USD and/or imprisoned for a maximum of five years
    Last edited by Copper Head; 02-06-2014 at 08:25 AM.

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