Stacking #1 Copper as a Precious Metal Investment

**Reelman65** · 07-30-2012, 07:34 AM

Sorry, I didn't catch it that you are down under.

Brass and lead = ammunition

Originally Posted by scrapperben

I don't think i've ever read anything about brass, but in my short time scrapping, i'm growing very fond of my brass bits.
think i'll have to read up about it, what's with lead? only thing I can think to use lead for are fishing sinkers.
although I did think of building an underground bunker out of lead panels so I couldn't be spotted by alien satelight ships once.

**mthomas** · 08-01-2012, 09:13 PM

Brass and lead = ammunition[/QUOTE]
= the real precious metals lol
I didn't know people were buying copper pennies for double face value. Man, I get copper pennies by the bag full looking for rare coins. That has paid of a little, the most I have gotten from one is 150 bucks, but the copper penny thing? I bet I got 50 pounds of copper pennies right now, that I was just gonna take back to the bank to look for more rare coins. I might just sort everything and put it on ebay. Why not? money is money right? That being said, anyone paying double face value for pennies is, well, less than smart. I may be wrong, but copper is NOT a precious metal, just one that pays well for guys like us.
As I said before, i do save my copper. I do this because im betting that copper prices will be going up significantly. I make that bet based off research I have done. I could be COMPLETELY WRONG, and I may just have to eat it if I am. And, like I said in my previous post, its kinda like my golden parachute at the moment, I know I have x amount of copper and i can get y amount for it, so if i need it it's there. That and I think its purty

.
The thing with copper pennies is, unless you look forward to the Secret Service knocking at your door, saving them to smelt them is kinda pointless. Now, If you are betting that the U.S. will do away with pennies, then save up. After its not a circulated currency, you can do whatever with your pennies, and it is something than has been discussed in recent years. But don't buy them on ebay, get them at the bank, 50% of the pennies you get in a roll are high copper pennies, if not more. Go to the bank, sort your pennies, and sell them to the less than smart people who will buy them for more than a penny a piece.
All this being said, lets all sort our pennies, sell to the people who want them, and laugh all the way to the bank.

In the mean time I hope silver prices hit rock bottom, so I can buy it by the truck load and the next time it hits all time highs, cash in on my retirement.