/r/copperbugs
Everything to do with the copper metal.
Whether you are interested in copper bullion, coins/numismatics or stacking as a hedge against inflation, this is the place to do it. Thanks for participating & keep on stacking.
/r/copperbugs
248 Subscribers
Welcome!
Welcome to /r/copperbugs, the cheaper sister of /r/silverbugs
22:36 UTC
Rare copper
14:37 UTC
Getting better; recycled gutters and some 3/16” wire
02:14 UTC
Picked this chunker up today. Album in comments.
23:34 UTC
Technically a copper bug?
07:03 UTC
Handpour
Im about to start hand pouring some good old Australian copper Il post picks soon
10:42 UTC
My humble stack. More photos in comments with cool coins and pre 82 pennies
06:51 UTC
56.87pound stack planning on casting in ingot and collectible next summer
02:15 UTC
Buying copper
00:36 UTC
Copper unboxing
17:33 UTC
My thought on copper
19:30 UTC
Just found this sub we love copper
18:41 UTC
1/2 .999 Copper Bar
20:23 UTC
All about the Rio Olympic Medals (5 links) – The gold medal contains 494 g of SILVER and 6 g of gold (That's 15.8825 troy oz. of silver and 0.192904 troy oz. of gold). On Aug. 5, Kitco said the gold is worth $570 and the silver is $315. They are 85mm x 11mm high in the center, and 6 mm on the edges.
500 grams = 1.1 pounds
1 - Brief CNN video-report:
2 - Official page with another video and 15-picture slideshow at the bottom:
3 - About the value:
4 - More information--and for all you /r/Copperbugs: "The third-place Bronze medal, Berbert continued, contains 475 grams of 93.7% pure copper and 25 grams of 3% pure zinc."
http://www.kitco.com/news/2016-08-05/So-How-Much-Gold-Is-Actually-In-The-Olympic-Medals.html
5 - And here is a dismal assessment about the state of precious-metal prices - "Medals at this Olympiad are the heaviest ever made, but their value is lower" - But as the first comment says, "The value of an Olympic medal is not based on it's resale value. These athletes work hard for years to make it to the games. The medal represents, especially to the athlete, years of dedication and the opportunity to compete against the world's best." That reminded me of the Oscar Wilde quote: "A man who knows the price of everything and the value of nothing."
And lastly: a cartoon of Michael Phelps and his collection of 23:
16:09 UTC
Where to sell/trade copper bullion?
I have 205 pounds of copper bullion (240 1 troy pound .999 fine bullion bars) and am wondering where my best bet is to selling it? Not looking to scrap metal it and get ripped off terribly.
17:37 UTC
Confused by JM Bullion Listing
I'm into silver, but I occasionally check out other metals. I was on JM Bullion's site, and saw this. How can a 10lb bar, which is ~148 troy ounces, be just $72?! That works out to be something like $0.50 per ounce.
12:31 UTC
Dat bottom...
02:13 UTC
Copper wire thinking of moving to silver.
So a little background I have I'd put a guess on around 2-3 thousands pounds of copper wire 12awg insulated. And probably 300 bare wire.
Usually I bring my metal to the local scrap yard and receive $1.40-1.70 a lbs. I gambled and should have cashed in at $2.25 a lbs insulated ,2 years ago.
So now I'm in a 3 month count down and I will have to get rid of the copper in this time.
I need some advice can I make bars ? Is it worth it? Should I turn it in to the scrap yard ?
And the biggest question should I turn the paper money back into cold hard metel by reinvesting in silver or gold (bars coins ect)
01:26 UTC