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ericsartwork
New Member
USA
20 Posts |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 01/10/2010 : 21:34:14
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You're comparing pounds to ounces!
But, I guess it wouldn't matter if you owned it all on paper bought low and sold high (except maybe for the #2 scrap scenario). |
There's profit if you melt things!!
8{> |
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ericsartwork
New Member
USA
20 Posts |
Posted - 01/10/2010 : 21:49:16
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| It doesn't matter if I compare pounds to ounces. $1000 invested in 1.25 ounces of gold went up $600 whereas $1000 invested in 800 lbs of copper went up $1800. |
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Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 01/10/2010 : 21:54:46
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| So is now a good time to buy or sell? |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/10/2010 : 21:56:50
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| buy low sell high that's all it takes |
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versine
New Member
USA
13 Posts |
Posted - 01/11/2010 : 00:47:13
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| New to all of this, what is the best way to sell copper pennies? |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 01/12/2010 : 06:09:48
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| The best way would be to sell them on this forum. You can avoid the fees and hassles of eBay. Be careful though, the market is flooded right now. Other members also may be leary to deal with you at first since you are such a new member. You may be able to find a trusted member to do business with, where you can ship first and when said member receives the cents they can then pay you. |
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toomuchcopper
Penny Collector Member
USA
406 Posts |
Posted - 01/12/2010 : 19:27:21
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ericsatwork I like that comparison, very interesting....I guess the big question is how or where do you hold that much copper?
I like copper too, but the logistics are difficult in large quantities. |
visit www.crazycoinguy.com
for information on how to sort, what to sort, and sorting equipment. We also sell copper pennies in bulk, and other coins. |
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Topic |
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Comparing Copper to Precious Metals (gold, silver)
Forum Locked
Posted - 01/10/2010 : 21:09:22
