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JerrySpringer
Penny Hoarding Member
669 Posts |
 Posted - 01/10/2009 : 19:12:16
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This part jumped out of me last night when I was watching the History Channel's Modern Marvels copper episode:
"We’re in no danger of running out of copper. Known resources are estimated at nearly 8.1 trillion pounds, of which only about .75 trillion pounds, or less than 10%, have been mined."
You suppose if costs for extracting copper go up, that our 95% pure pennies will be a huge hit?
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goodcents
Penny Hoarding Member
USA
504 Posts |
Posted - 01/10/2009 : 20:26:05
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| It only gets more expensive to extract copper. With environmental laws, reclaimation, oil prices fluctuating, labor costs, etc. Our pennies are dirt cheap :-) |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 01/10/2009 : 23:17:59
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*Still working on that first trillion pounds*  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 01/11/2009 : 00:48:22
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| My Dad actually visited some monster copper mine out west last year and brought me back a copper bracelet.Said the trucks looked like ants at the bottom |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
Edited by - misteroman on 01/11/2009 12:39:44 |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 01/11/2009 : 11:59:06
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So many Cu disks, so little time!
Sort more faster. |
There's profit if you melt things!!
8{> |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 01/11/2009 : 13:02:44
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quote:
Originally posted by JerrySpringer
You suppose if costs for extracting copper go up, that our 95% pure pennies will be a huge hit?
I think that's what everyone on this forum is hopin' for. Sort sort sort. Sort like there is no tomorrow.
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Edited by - Bluegill on 01/11/2009 13:03:49 |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 01/11/2009 : 20:47:59
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I've done some contracting at Phelps Dodge out in AZ.
They pull a lot of copper out of those hills - ever since 1896.
It takes a lot of ore to get a little copper!
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Beer is my currency. |
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gatzdon
Penny Sorter Member
39 Posts |
Posted - 01/12/2009 : 13:41:38
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quote:
Originally posted by misteroman
My Dad actually visited some monster copper mine out west last year and brought me back a copper bracelet.Said the trucks looked like ants at the bottom
And yet, the people look like ants to the drivers of those trucks (those trucks are huge!!!).
You must be logged in to see this link. |
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Modern Marvels: Copper
Forum Locked
