/r/copperhoarders
'/r/copperhoarders' is a pro-copper subreddit for all who decide to stack copper, in any form (bronze coinage, bars, wire rolls, sheeting) as a hedge against inflation, or for anyone wishing to learn more about the amazing red metal.
Relevant copper news and stack pictures are always welcome.
Resources and Important Information:
2012 World Copper Factbook (Download the PDF)
USGS Historical Copper Statistics (1900-2009)
The fundamentals for owning copper may be found
Copper cent stacking is currently one of the best ways to invest in copper. As more cents are taken out of circulation by large-scale sorting operations, the window of opportunity for economically hand-sorting cents is slowly closing. Once closed, the next opportunity to economically hoard copper cents will be when gold, silver, and copper are priced fairly. Then, profit from hand-sorting cents may be realized in intrinsic value. However, if one starts stacking at that time, one probably has already missed the PM boat.
A current melt/export ban on cents and nickels prevents immediate profit via melting and selling coinage as scrap, but when the ban is lifted, many large-scale operations will be melting down pennies for scrap. The ban on melting cents is to be technically lifted when the cent is taken out of circulation (a very likely probability in the near future).
At current prices, each copper cent saved brings you approximately $0.02 in intrinsic value. A nickel will net you about $0.06 each. The numbers, over the long term, will only go up, considering all the fundamentals supporting copper.
At one time in our collective past, one hundred copper cents was intrinsically the equivalent of .77 Troy Ounces of silver (a silver dollar). Ten of those silver dollars could be exchanged for a 90% Au $10 Eagle. Those ratios were decided upon, and supported, by centuries of free-market pricing.
Dollar manipulation by the Federal Reserve has severely damaged the real value of the cent. More info here. Most of us are in a state of amnesia, forgetting just how important base coinage is to a society that runs on precious metal coinage.
Besides, if the proverbial dung ever hits the proverbial fan, or if we collectively decided as a country to return to real money, we are going to need to make change for our silver coinage. The solution? The copper cent.
For more PM subreddits:
Any and all copper-related posts are welcome.
/r/copperhoarders
Kzoo Bullion - 1oz Sold Copper Bullet
FYI: l got an email this morning on these neat bullets in solid copper..
1 oz Copper Bullet are now being stocked at Kzoo Bullion - based in Midland, MI
$5 discount for new first time customers via referral link
Prices
Win a Kzoo Kilo Bar Cast Lion - 15 winners , End Date: Dec 31st, 2024,
Cool Looking 1 Pound Elemental Titanium Bar
Can anyone please please please help me find the copper country explorer books by Mike Forgrave?
Hi Guys Just wondering if you can point me towards where I should start if I want to begin to make copper bullions?
Hey guys, I collect copper rounds and want to display some of my cooler ones. I have a challenge coin stand. I would like to display them raw instead of in mylar sleeves because they look so much better. Will exposure to regular atmosphere cause them to oxidize or discolor? Or is it just oils from handling? I have cloth coin handling gloves. Also have zinc, brass and others. Same question applies.
Thanks!
Hello, I'm starting off copper stacking with the old boiler pipes from my house. Me and my father have removed our old boiler from 1970 when the house was build along with a few pipes. Most of them are still in the house but they will be removed. I plan on saving for a while until I can them smelted down and casted for a collection. I've always been fascinate by the metal. I've been trying to work it in with cosplays as well with home decor.
Sorry using speak to text I just sold 1500 Copper Penny’s and I’m exhausted somebody else really need it done and I’ve been crazy so I’m trying to help somebody out because I have a real problem with this hoarding Copper addiction so I decided you know I sold on eBay and I don’t know if they want it for the pennies or the copper have no idea but I tried to because it’s overtaking my life I’m always at the bank trying to get rolls it’s a problem so I decided all right I will sell some of it because I am constantly getting it but now I’m worried because I feel like the rules are getting crappy or somebody’s hoarding the Copper Now I feel like oh no I made a mistake anyway I’m just teasing myself I’ve never ever been on here before I don’t know if anyone’s here but I kind a need to know what years I need to not give away