Is Copper Good For Stacking?
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- เผยแพร่เมื่อ 27 ก.ค. 2024
- In this video I talk about copper stacking. Stacking copper can be beneficial to you if you have a lot of space and you are able to store all of the copper bullion. I talk about the different types of copper that you can stack such as copper pennies, copper rounds and copper bars. You can also stack copper pipes and copper wire. Pennies that were minted before 1982 are made of 95% copper and currently each one is worth over 2.5 cents. Copper pennies are currently illegal to melt down but that might change in the future. Stacking copper bullion will require a large amount of space and that is why it is not a good idea for most people. The type of copper that you stack can also matter. Copper rounds have a massive premium which is sometimes over 1000% so I do not recommend those for anyone except collectors. If you do decide that stacking copper is right for you then I wish you the best of luck!
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Topics I cover in this video: Stacking copper, stacking copper pennies, copper stacking, copper rounds, copper bars, copper pennies, copper pipe, copper wire, copper value, the price of copper, should I stack copper, buy copper, where to buy copper, copper for stacking, is stacking copper a good idea, buying copper pennies, coper pennies worth money, copper stacking guide, what pennies are copper, stack copper, premiums on copper, price of copper, why buy copper
#Copper #Stacking #Bullion
1. Looks nice
2. Can be used for plumbing
3. Can be used for any electronics (conducts electricity)
4. Can be used for pots, pans,pitchers (sanitary properties)
5. Can be used by governments for coins/tokens
Amazing metal...
Just sold 800 pounds of copper over the weekend, then purchased pre 64 silver quarters and 50 cent pieces
That's how I roll! Sell the copper to buy silver... sell some silver to buy gold.
I'm guessing you got about $2800 for that scrap copper. I saw someone get $3300 for scrap copper one day after emptying his van. He had 3,000 pounds and the price was $1.10 per pound at the time, which was about 32 years ago. .
I’m a plumber and I religiously collect any copper, brass, and aluminum that I come across. It’s nice to repipe a whole house and keep the old copper. I plan to make my own bars and coins, but I know I’ll probably have a hard time selling it. There’s just something great about stacking metals.
at over 4 bucks a pound ... 1000 lbs copper is over 4 grand at the local recycle ... nice job on the getting ahead part
Copper coins with your face on it why not.
People make art out of copper every day, can't wait to see what you come up with. Good luck.
Copper poured bars look really cool. I noticed etsy has some and they fetch a high premium.
Hell yea
I stack gold, silver AND copper. Always will.
I respect that
Me to
What, no nickles?
You all are crazy...The world won't have copper forever. I stack copper and love it! It has so many uses and I expect the price to continue to rise.
I buy copper rounds for the art and keep them as walk around pocket pieces. Idk why but I love that red metal!
I do the same thing lol. It is fun to collect all the cool designs.
Got my first silver rounds today, beautiful. First time I'm seeing real silver and its great.
Nice. I just got my American Eagle sliver coin today
Welcome to the club! 🥈🥈🥈🥈
It is believed EVERYTIME you buy a piece of silver you get a little smarter! Keep it up! You'll find neat and creative ways to keep stacking! Just remember in this game, you win AND lose, just keep it up! I have NEVER heard of a stacker losing in the end, personally!
Coming up on one year of stacking. 350oz of silver and almost 1oz of gold.
Lets goooo
I collect copper scrap from my construction debris... One of these days I will get a new furnace, and some bar molds to condense the pile... Every once in a while I haul the bulkier stuff to the scrap yard to fund a camping trip, but I could just as easily scrap it, and trade up to silver... I also stack lead. There is a lot of bars of lead at garage sales here because of the commercial fishing industry, and people who cast their own weights... I was dropping copper off at the scrap yard, and spotted two large helium tanks for welding... I asked him what he wanted for them, and scored them for 40 dollars each. I drove them straight to the industrial supply where there is a deposit of 250 on each of the tanks... One of the tanks still had gas in it whitch I was also paid for!!! Just pays to keep a sharp eye...
The metaphysical properties of copper are mind blowing. Simply beautiful
Copper will be my kid's silver. In time I do believe it will be great. Just don't pay the premiums on fancy rounds. They also come in AVDP Oz which really separates them from precious metals. Best to scrap and buy silver currently.
I am so addicted to bidding on Indian Head Pennies to leave to my kids. They are so beautiful when you clean all the crap of them.
DudeDave, you're right on. Copper will be the future's silver. It takes over 25 pounds of copper to make an electric vehicle (EV), copper is also used in solar panels. So, as companies like Ford, GM Toyota, Nissan begin to mass produce EVs (and Tesla increases production) copper will become the new silver.
@@eddiearredondo7050 I agree, and when the dollar dies, and inflation goes hyperbolic, we can buy a loaf of bread with 1/4oz of a pure copper round or 2 US copper pennies, like they say "gold is for kings, silver is for gentlemens, and copper is for the people (peasants). I believe that copper will have a silver ratio of 30:1 if the world currencies goes hyperinflated, right now copper to silver ratio is 100:1, copper today is at $0.245 cents and silver retails at $24 dollars an ounce, remember silver follows gold, and copper follows silver, copper was almost $6 a pound($0.41cent p/oz) in 2011 while silver was at $42 p/oz, thats a 100:1 ratio give or take. so buy silver and add copper as well, in any form, I prefer rounds and I pick through my change for US copper Pennies, oh and weigh you 1982 pennies if they weigh in at 2.5 grams its zinc, if they weigh 3.11gram or 1/10th of a troy oz its copper (95%). Stay safe out there.
@@JohnnyUrbanWoodsmen great comment, and thank you. Do you think coin roll hunting for copper pennies would be worth while? Seems like it to me.
@justinwise6781 your welcome. Yeah coinroll hunting is a great way to stack US copper pennies, (pre-1982) I did when I first got into copper, now what I do is I buy large British copper pennies, for my copper, 3.16 pennies equals 1oz of copper, ea Penny has 8.977 grams of copper total coin weight is 9.4 grams at 95.5% pure copper on coins 1925 and later, cheaper then buying bullion copper. I'm at over 40 pounds so far in British pennies,
During the Zimbabwe hyperinflation the paper money became worthless so trade for milk or bread became a problem of trying to find small denomination coins to make those small purchases. Read the book "When Money Destroys Nations" to see how the people struggled to find mediums of exchange to make it possible to do barter for small purchases. Having some solid copper or nickle coins for these purchases will help.
I agree, when the dollar dies, and inflation goes hyperbolic, we can buy a loaf of bread with 1/4oz of a pure copper round or 2 US copper pennies, like they say "gold is for kings, silver is for gentlemens, and copper is for the people (peasants). I believe that copper will have a silver ratio of 30:1 if the world currencies goes hyperinflated, right now copper to silver ratio is 100:1, copper today is at $0.245 cents and silver retails at $24 dollars an ounce, remember silver follows gold, and copper follows silver, copper was almost $6 a pound($0.41cent p/oz) in 2011 while silver was at $42 p/oz, thats a 100:1 ratio give or take. so buy silver and add copper as well, in any form, I prefer rounds and I pick through my change for US copper Pennies, oh and weigh you 1982 pennies if they weigh in at 2.5 grams its zinc, if they weigh 3.11gram or 1/10th of a troy oz its copper (95%). Stay safe out there.
I’ve been keeping pre 82 pennies for about 2 years now, all coming from change after a transaction and it adds up. I’ve got a full 5 gallon bucket, and one half full. I know it’s not much in terms of value but as dragon said it’s basically free money
Make sure you check for the valuable ones!!!!! Also look for the ones that are stamped wrong!!
I’m sorting those pennies aside. I feel sorry for my kids some day.
@@martinphilip8998 they will thank you for it.
I love copper and have been stacking copper for the past 2 months searching penny boxes and pulling out all pre 82 and any errors in the mix, so far I have gathered 2 full boxes of Pennies with copper pennies so I'd say so far so good lol.
My intention though is to stack a bunch of copper and error Penny's then SELL those to buy SILVER!!
I do the same. In 8 years of going thru penny boxes I have somewhere around 3,500 wheats alone. Pile of copper pennies. Managed to find 16 Indian heads as well. Those are rare.
I have 100 rolls of BU 1960 pennies, that's my copper stack lol
@@jrpcoins how would you go about selling them?
@@kamoroso94 I'm hoping to just melt them in the future if allowed to and or sell them to someone who wants to go through them being how I haven't fully inspected all of them so there has to be a few things I've missed since
It’s good for stacking if it’s free. It is a good looking metal!
I can remember the same being said about silver back in the 70's. I would say to stack copper at face or free and see what happens.
I have 9 Morgan Silver dollars. My grandma got them for a dollar each
I'm buying Indian Head Pennies to leave to my kids
I also buy silver and gold to
Go take a look at Guldenshloss GEIGER 1 kilo Copper bars... $199.00 ... Apmex 10oz geiger for $35 all stunning beauty.
If people invested in copper like silver copper would be sky high also,
If you have the space why not? You more $ worth of copper then you payed.
I’m starting my 7 year old grandson on stacking copper rounds and bars. As he grows up and learns to appreciate this concept and takes good care of his collection, I’ll move him up into silver.
Nothing wrong with stacking all medals.
Metals*
And there is some things wrong
Lead and some other metals aren’t safe
But nothing wrong with all medals I geuss 🏅
@Donald Trump jr where in the paragraphs do you see anyone saying they are trying to save 20k in copper? Point it out and get back to me.
@Donald Trump jr you have no point to make
@Donald Trump jr where in my comments do I speak of collecting scrap metal? Point it out for me.
I just have some cool rounds for enjoyment. Not into copper for an investment.
As a coin collector, I would check those pennies to see if there are certain errors because some of the errors are worth more than 1 oz of gold sometimes. Depending on the error. But I do both, I stack bullion and collect coins oh and currency
What errors specifically?
Copper might be a good investment to think about in the future because electric vehicles they're going to eat up copper like you wouldn't believe so copper could be the underdog which would really be funny in the end
A year later and it's even more of a reality
I was about 17-18 years old in 1982 and I remember people hoarding HUGE jars of copper cents then and a few years after. Most of those jars have probably returned to circulation as pre-1982 cents are still easy to find in one's change.
Where I live, I don't see a lot of pre 82 pennies coming back in change. I did get a 1941 penny in change the other day though.
100$ is only yielding 13%-20% copper
I pull it out of my change but now i need to check all the 1982 ones i collected. Thanks dragons good video.
I have some copper rounds but I don’t stack Them.I liked some of the designs so I picked them up. 👍👍👍
I get it free and melt into large bricks!
So I would say yes !!
Can you send me a picture if i give you my info???
Well yeah melt your silver dollars to
I think location plays a lot into it. If your in a rural area it is really easy to find free copper or buy scrap well below spot. I could see this being harder in the city. Also in the rural areas it's not a big deal to garb a 50 gallon drum and set it in the backyard or on the back porch and just start filling that thing up. Just my two sense on the subject.
Copper prices have risen 125% from their March 2020 lows and have been among the commodities that have reached record high prices since the pandemic began.
I guess I stack it. I save every copper penny I find. I'm also saving nickels. It's costing 7 cents to produce them because of the nickel metal content. Eventually the mint is going to take nickel out of the nickel.
Same, although I’m having trouble finding more bc the banks I go to mostly only give out 2021s
Aren't nickels primarily copper?
@@kellysiefkas9595 75 % copper 25% nickel.
@@richardmetcalf2346 that's what I thought, still saving them. Only real money in circulation.
I save the 1982 & older pennies. Also look for doubling on the lettering. I used to install business telephone systems and after checking with the boss, he let me take the excess telephone cables home. Had a big box in the garage, once full it was off to the scrap yard and I would average $150.00 per trip, so it was worth it. One box every 3 onths or so.
Look at it this way, lets say you have a jar or bucket of copper cents laying around. Everytime spot goes up by $1.50, your stack doubles essentially, so its like you now have the equivalent of 2 jars or buckets. Keep in mind copper already went up $2/lb since 2020, doubling its previous value! Also, most of us only pay 30% of spot, as a pre-1982 penny is worth over 3 cents. Unfortunately, with inflation as bad as it is, the increases in the copper spot price may make collecting pennies seem appealing, however when you cash them in or eventually melt them down your actual resulting buying power will be surprisingly miniscule. Its a fun hobby, and may make you a few bucks profit one day, but not worth serious consideration unless you are dealing in massive quantities. But at that point you'd be a commodities trader and might as well just be buying and selling industrial metal futures. Just my....2 cents;)
Silver used to be dirt cheap too. Copper would be a long haul strategy but who knows with the green new deal maybe not as long. If the price of gold and silver were to go through the roof people will want to put their money in metal they can afford in bite sized pieces. Copper is very pleasing to the eye.
So true, and when the world currencies hyperinflate, we will be able to buy a loaf of bread with 1/4oz of a pure copper round or 2 US copper pennies, like they say "gold is for kings, silver is for gentlemens, and copper is for the people (peasants). I do believe that copper will have a silver ratio of 30:1 in that hyperinflated world, right now the copper to silver ratio is 100:1, copper today is at $0.245 cents p/oz and silver retails at $24 dollars an ounce, remember silver follows gold, and copper follows silver, copper was almost $6 a pound($0.41cent p/oz) in 2011 while silver was at $42 p/oz at its high, thats a 100:1 ratio give or take. so that why I buy silver and I add copper as well to my collection, I prefer 1/4oz copper bullion rounds (they will be easy to trade with since they will have a low enough value then a 1oz round), and I pick through my change for US copper Pennies, oh and weigh your 1982 pennies if they weigh in at 2.5 grams its zinc, if they weigh 3.11gram or 1/10th of a troy oz its copper (95%). Stay safe out there.
I was thinking about this 3 weeks ago! Great Video!
For anyone curious. To sort those 1982 pennies. I just have a small digital scale. Throw 2 on at a time. If the weight is over 6 both are copper. If it's 5 both are zinc. If it's in between just grab one and the weight on the scale will determine if one in your hand is copper or not. Takes seconds and I can go thru alot fast
Thank you for that 😊
Yep thats how I do it, 1982 zinc pennies weigh 2.5 grams, and copper and 1982 copper weigh 3.11grams or 1/10th of a troy oz.
faster to just sort by date i can do 25$ in 30 min i only yielded 6.50 per 25$
Great video SD, I concur.
🔥🦈🌊
Here in the UK it's easy to sort copper (technically bronze) one and two pence coins, from post 1982 coins. The new ones are made of copper coated steel. I've been stacking copper/bronze coins for years, and I have a sackful of them. All I need is a magnet!
I wish I could find UK bronze coin buy the roll or bag near spot price like I can with Canadian and US pennies...
1992. Are you also saving cupro-nickel 5/10p?
I have been accumulating copper pennies for years. I have close to a $1000.00 worth in copper pennies, lots of them are Wheaties. My original plan was after I retired I would to do a search for errors and varieties but at 74 I have not found the time yet. I had friends and family saving all their pennies for me for years and when I first started I had them save nickles and dimes. I am still accumulating copper pennies.
Nice good for you man. That's a lot of pennies!
Great analysis. I couldn’t agree more with everything said in this video. There are some really cool copper rounds but they aren’t a good investment
Pennies are the same alloy used for bullet jackets. One penny will make a 50 grain .224 projectile for 5.56mm rifles. I only keep an ammo can of them ($52), and a can of nickels, dimes, and quarters. Fed is melting them to go to digital currency, so saving a can of each makes a bit of sense. But keep your main focus on silver and gold.
I collect Cooper pennies like you do. I'm a contractor and save my wire and pipes then I take them to the scrap yard and buy silver with my money. Yesterday , walked out with 145.00$ then went and bought silver with it.
Good info and I totally agree! Thx for sharing!👍🏽
I’ve been searching penny boxes for copper since 2015, I was 12. I currently have 2 5-gallon buckets filled with copper. I lost track of its overall copper value. I look at it as a hobby, not so much a get rich quick scheme.
Good for you. I get a box of pennies a month and have my kids take out every pre-82 cent.
@@eddiearredondo7050how do you get the box of pennies
Go to your local bank
Great video. I enjoyed the information. Thank you for sharing.
Stacking pennies is a cheap way of stacking copper. Eventually they will stop minting pennies and even the copper plated zinc pennies will be valuable.
I use my copper to make jewelry . Awesome breakdown video!
I’ve been stacking copper for many years. BULLETS. Hollowpoints are especially valuable. Very hard to buy now, and when loaded in Ammo you manufacture the equivalent of $1-2 cartridges for 75% or so less cost.
Copper bullion prices are very high.I save scrap copper and brass.But no bullion
Great video. Thank you for sharing!
Great video & info! Thank you. 🌹
Not to he confused with “Throwing Copper”. Seminal album from the band Live!
I have a base stack of about 150 lbs of scrap copper and about $100 FV in pennies so it makes sense to keep stacking copper pennies ..and you can look for rare ones also , I've found two 1911 s one i sold for $25 and two 1909 VDBs that are worth $5-$10 each so It's not just the copper value
Yes - use it as extra weight in your safe. At least it’s worth more than lead. With the ensuing copper explosion coming do to world electrification the price of copper will certainly go up in the next 20 years. $4.20 now $10-20 per lb in the next 20 years. I like big copper bars for stacking in my safe in case someone is wondering- not so much the rounds.
Mr. Dragons in the scrape metal biz copper is king and is the best to put the effort into. I do agree that
copper must be had free to be valuable, maybe use as a way to get more silver.
Thanks for the great videos and content love watching your channel.
Have a good day.
I use the post 1982 pennies to make washers for my chicken coop. Cheaper than buying washers, and they weather and look cool.
Like Gold & Silver, Copper isn't an investment. It's money, but it's wealth storage density is one of the lowest among the monetary metals. Copper shouldn't be the focus of your stacking, and you shouldn't stack Copper rounds and bars unless you're doing it on a very small scale for fun or as part of a collection. But Copper pennies...YES, everyone should passively collect these coins as much as possible. It's one good reason to use cash so that you can get change back and just naturally see Copper pass through your hand. In terms of size or area, Copper doesn't take up that much space. You can store $10,000+ in the space that a small apartment refrigerator would take up. Copper is useful for diversity and optionality. It may not be nearly as affected by regulations and laws that may spring up around the other monetary metals like Gold & Silver. I would never make Copper the focus of my stacking activities. It's just something to do passively to add a little extra versatility to your stack. So I think we're on the same page with Copper. Good video! I think people will always ask about this because of the price difference and how close to edge most Americans are always living. I remember the days when I was living paycheck to paycheck. At last now I have many months of space between having no income and needing new income...thanks to stacking Gold & Silver.
Early in the Covid panic when the coin shops were closed I did buy a $100 box of nickels to augment my ammo cans but I haven't got any recently due to the coin shortage. I do stack copper pennies but I'm not active in that, either. I think it would be cool to have a kilo bar of copper just for a display item, however.
1oz copper rounds at Hero Bullion is $1.49, 1 Kilo Bars for $24.99
The only kind of copper worth saving for investment in my opinion is 1982 and older pennies simple because they do have a value worth more than there face value plus you are likely to get them super easy via spending cash. You wouldn’t be paying any premiums on them ether. However I’d still say Gold and Silver are way better options but if you are getting change back from the store why not just save those 95% copper pennies.
If silver goes to triple digits, copper pennies will also go up and usable for change. Since covid hit I get real copper pennies every week. I fold copper coins into leaves for copper rose's
Copper is a beautiful metal. Personally I consider it a precious metal, and turning more precious moving into the future. High grade copper is running out at below ground level. I stack pre ‘82 cents and scrap copper and brass. Cheers y’all!
I used to scrap my copper every couple years and aluminum every year. Don't get rid of any copper any more , lol. I want to gear up to make bars.
I’ve saved my pennies since I was 10 yo. I’m not sure how many are there but they’re way to heavy to lift and I’ve done a 500 pound deadlift.
Here in Canada 🇨🇦 I get lots of copper pennies from the bank
Here it's 1996 and back
This also inevitably mean it's even easier to get copper then in the state's 👍
Stacking 82s are about 75% the 95% er copper types, 25%,the 95% zinc type. I can usually do them by color and date size. But with 82s if they are more than 3gms they are coppers. Less than 3 definitely zinc. There are many 82s in circulation because they don't have a gram scale. It's very tedious but OK if bored. I've done well over 150 penny boxes & it gets harder & harder. Tellers hate it.
I have a couple hundred ounces of copper rounds and bars, but only bought them for their designs. Premiums on them are insane, but I only buy in bulk lots to save $$$. There’s a robust secondary market for these rounds, so some sellers are making a profit. I’m not about to have a literal ton of it in my garage. Copper’s not the next silver.
Thanks for the info
I don't buy copper but I do melt and pour scrap copper. I also melt and pour aluminum scrap. It takes up more romm but is a lot lighter. Copper is also very good for making custom channel rounds. Just my thought. Great video.😎⛏⛏🔥🔥
It depends. If it's scrap like old plumbing or wiring, just take it to a recycling center. If it's pennies from 1982 and earlier, it's worth separating them from the zinc pennies. I currently have about 2800 copper Lincoln Memorial pennies and just over 200 wheat pennies. I have them rolled up so that's why I know how many I have. If it's copper rounds, it doesnt make much sense to stack them but having a few can be cool.
I have saved my change forever. I have recently started going through and separating the different denominations. I look for pre 1964 coins, and separate those out. The rest I'm exchanging for cash, and buying silver with that. Going through a 1/2 gallon ice cream tub full of mixed coins, I pulled 6 coins out. The rest added up to $197.65. I still have several 1 gallon coffee cans full. Try to finish before the dollar crashes...
I'm also an a/c tech and have barrels of copper and brass. But my plans for that is melting to ingots, and maybe pour a few copper and bronze age tools. I saw a guy pour a brass sword. Short like a Roman sword, so I might give that a try. I like copper and leather jewelry too, so some of that will happen too.
Keep stacking!!
Don't forget nickels from the second half of 1942 through 1945. They're 35 percent silver. They also have the mint mark above the Monticello on the reverse. That's the way to determine if a 1942 nickel is 35 percent silver.
I love the look of copper better than I do silver or gold. To me it’s just a better looking metal when it’s new. It’s not worth much but I do stack it as a collector, not for monetary value.
Just got a 1kg bar and a 5kg bar just as I done anything in copper. It is nice to hold in hand. May get about 30-50kgs of copper and hold for my son who is only 7 months maybe when his 30-40 it may have some worth. But definitely keeping to my silver and fractional gold.
I do believe that at some point, the price of CU will go up substantially, and it will become a semi-precious metal; somewhere in between a base and silver. That's when it will become legal to melt. I have been saving pennies my entire life, and therefor have quite a few boxes that are CU. It only takes a few minutes to buy some pennies and go through them. Right now, with the contrived coin shortage, a lot more are going back into circulation. My goal is to convert all 186# into CU; gradually switching out all the zinc for CU.
Personally I've been stacking base metals copper/lead/aluminum/zinc longer than precious metals lol.i have a few folks I know who live in town and dumpster dive for me. They find all kinds of metals and I usually pay about 25$ for a load. Out of each load I average about 30-40$ worth of metals. But that's after I break them down and purify and pour them into bars. I've been doing this for a LONG time and I'd guess I have about 1200 pounds of copper bars and about 400-600 pounds each of the others. I live in the country so room to stack it isn't a problem. I originally started just as a hobby but at this point even though it's still just a hobby to purify and pour the bars, it's also like a emergency savings account lol. I also get a surprising amount of gold silver and other precious metals from it.
Great video
Im glad i bought copper rounds and bars at $ 1.99 an oz on apmax and $2.04 an oz on jm bullion 2 years ago. Im happy, since you said it has gone up. I as well have stacks of copper. Soon it will be worth it. Since everything is going to zinc.
$2/oz? Insanity. You do realize copper is only a few dollars per pound? Or do you mean you paid $2 per pound?
@@vanessadawn6372 😃 Copper is over 3 dollars now on apmex and jm bullion, but no i meant 2 dollars per copper round. You can find good deals on ebay too. I own about 70 ounces of copper. Ill probably buy more. 😁
I have about 600 copper rounds that I got for about $.80 each a few years ago.
@@langjr0 Well thats one great investment, since copper price keeps rising.
@@vanessadawn6372 yeah that's why the guy in this video said buying copper bars etc on bullion sites is crazy because its like $0.28/ oz at spot but their premium is like 2.50 an oz so like 30% above spot
copper has been used long time ago as valuable material and the the most usable in electricity and others and i love to collect copper for an asset of the future because i believe the price going up since I found many components using aluminium as copper substitute because copper is more valuable day by day.
GOOD INFO THANKS
I buy copper rounds for $2.00 and resell them on Ebay for $7.00 all day long.
I couldn't find your $7.00 1 ounce copper rounds... but found an entire page of 1 ounce copper rounds for $2.70 with free shipping.
Huh.
Ebay fees PayPal fees you make no money at all.
Great video. I wont be stacking copper, but, if someone wants to, to each their own.
Buying something for the design or the because it's a piece of poured art is completely fine and very different than stacking. Stacking copper is really only practical if you have an empty barn on your property and nothing else to fill it with. Thanks!
Do I stack it? I’ve got a couple tubes of copper quarters, that’s about it. To round out your cart to get free shipping, why buy 3 or 4 coppers when you can just toss in another silver dime for the same cost, and add more to your silver stack. Having a couple tubes of copper I think is ok, but for the space to store it, and it’s return value, it’s not worth actively stacking it, although having a couple tubes for the SHTF scenario, meh, might be worth it.
Depending on what has happens is the reason why silver is stacked.
Copper is a wise choice for small trades because people recognize that it has some value.
A few pounds of copper pennies may go a long way in minor trades where silver might make you a target.
I just stumbled upon copper 'rounds' being sold on Amazon. Initial thought? WTH? But, why can't they be used in the same way as fractional silver in a bartering situation? I've been looking at the 90% silver and it seems to be pretty damn close to what you pay per silver round (per oz.), if not more. I just wonder if a pure copper coin would be readily accepted in such a situation?
@@phuckyu3383 I melt my own copper so scrap wire, pipe and odd pieces cost me nothing but the cost of propane.
Since it is a hobby because it is very relaxing it's well worth it.
I suggest pre 1982 pennies as they are recognized as money.
I have a couple copper rounds for the art work but price wise I could have bought a couple pounds of scrap copper per coin.
You really put things into perspective by comparing the premium of silver.
@Viktor Sv how about stacking copper stuffed with lead; that’s a good idea!
@Viktor Sv ammo is what I was thinking but didn’t want to use the word, lol. It’s great you can make your own, my nephew does that.
I work in buildings, in New York City, I collect all of the brass and copper last week. I turned in $768 worth of copper and brass. I then took the money and purchased pure silver with it. So basically, I am getting free silver.
I have been hoarding copper for over 10 years. $25,000 face value in copper cents, 5,000 pounds of copper pipe and wire!
I kinda buy gold and silver coins and US junk silver coins for the fun more than anything, when I was little my Mom was a teller and would show me all the silver she'd bring home. Since then I hold onto all the cool coins and bills i find in my normal change.
I save all the copper pennies and nickels i get in my change for a while now i guess since I found coinflation's coin calculator maybe in the early 2,000's.
I also have 2 x 55 gal metal drums with scrap wire, cable, buss bars, and a Rubbermaid tub that will overflow soon and then I'll have to get another drum. I also have a bunch of old plumbing lead ingots and a couple rolls of lead flashing. I keep all the mercury from the old thermostats i replace idk if that's worth money but everyone who sees it thinks it's cool i guess I'll take that the copper and lead to a recycling place one day to cash out and not tell the old lady.
Is Copper good for stacking?
YES!
When we were on the gold standard, look at the dollar price for an ozt. of gold and compare it to how many cents it takes for the equivalent to an ozt. of gold. A pre '82 cent would be valued at roughly a dollar using the same historic ratios.
People mine for copper because we need it for industrial purposes. Silver is a byproduct.
I have recently started stacking copper alongside silver as I belie that it is the perfect metal to protect yourself against hyper inflation as opposed to gold and silver that are better served to protect against inflation.
If there is to be a hyper inflationary event then gold and silver are awkward to exchange for goods and services especially if you are just trying to buy in small quantities. By the time that you have made the exchange of gold for fiat in a hyper inflationary event, the fiat becomes worthless very quickly. Copper is perfect for every day purchases in a hyper inflationary environment as it has a low value, but will still work perfectly as a store of wealth.
That being said, use gold and silver to protect against standard inflation as the premiums on copper bullion are absurd.
As long as you know how to sell it, it's pretty much okay to stack anything. Copper included.
Do not sell copper to dealers. You will get screwed.
Peer to peer (such as eBay or in person) is the only way
3:05 I use an ice pick to scratch the surface of the 1982's. The zinc pennies have a very thin copper layer.
I think it’s a ok idea I’ve been getting the 2oz gieger square blob blocks what ever ya wanna call em been getting them super cheap as in about 2 bucks each from a local shop so figured I’d stack 40-50 of em and then some smaller bits and bobs
I love the poured ingot bars and minted rounds. Yes you pay a lot more for it but it's very cheap compared to precious metals. I stack rounds and ingots barebright pipes and strip wire. It's all money. As inflation increases so will copper and other base metals. So if you have the space I would definitely stack all of it. In the long run it doesn't really matter paying a little more now and not receiving back your premium. If you're looking to make money on copper then it isn't a good idea to stack it, if you want to hold your money in it it could be a great way fractionally to do so. If copper prices rise to $4 an oz you'll be in the profit but again to me it doesn't really matter 20-50yrs from now what you spent on it try to get the best prices or stack free copper when you find it.
so far the best comment here, I agree 100%. imagine a world where silver is at $3,000 p/oz, I believe that copper will still trail at 100:1 copper to silver ratio like the way it is today, so thats $30 p/oz copper so a copper US penny (95% pure) weighing 3.11grams or 1/10th of a troy oz will have a purchasing power of $3.00 enough for a 1/2lb loaf of bread.
Been collecting copper cents (AAAARGH! Not pennies!) for years. Got a couple of hundred pounds of copper scrap from the annual curbside pickup in our area. The cents I am keeping as an inheritance for my son. The scrap I hope to eventually melt into bars. I agree that buying copper rounds is not the best idea as the premiums are sky high.
I collect copper rounds if I like the design......I stack pre 82 pennies. And let's not forget the canadian copper pennies.......pre 1996. There is a foreign currency exchange outlet near me that will buy canadian pennies at 3 dollars a lb. 145 pennies make a lb......pretty good return.
Greetings! Have you use silica gel with your copper stack, to protect it from oxidation??
Nickles are another option for collecting copper. 30% niickle, 70% copper. Buy a fed box and throw it on a shelf somewhere. Don't even need to open it.
One thing you can say about Copper or any other Metal. It will always be worth something. Unlike the fiat paper and digital currencies which could go Weimar and be worthless.
Love the video, I collect copper only for collective purposes. Copper in my opinion is not a good investment.
You should stack nickels too. Their metallic value is higher than the face value.
Several months ago, zinc pennies were worth more than face value for about 2 months. You should stack them too as I believe at some point, zinc is going to go back up to $1.85 per pound, the price at which zinc pennies become worth their face value, or higher and remain there.
The thing is, by stacking these coins, you always have their face value regardless of what direction the metal prices go. You don't lose money by doing so. If you have $2,000 in copper and zinc pennies and nickels, you have $2,000 even if the metal prices tank.
GET A COPPER PENNY SORTER!
LOVING going to the Bank for Older Penny Cases. Every $25 Case produces about $5 in 95% PRE-1982 Copper pennies and then return the other $20 into the Banks Coin machine! Copper PENNY sorter cost a few hundred bucks but WELL worth it!
You can also make one cheaply
I have a bit of copper in my collection, mostly old collectable Lincoln pennies and random really old coins dating back to 1800's. They are fun and could be used for bartering in a bad situation or cashless digital society