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Copper Pennies hit the 3X Mark

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Copper Pennies hit the 3X Mark

Postby smallchange » Fri Feb 04, 2011 9:21 am

If the morning current copper prices hold we break the 3X face metal content barrier on copper cents today.
http://www.kitcometals.com/charts/coppe ... rical.html :D
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Re: Copper Pennies hit the 3X Mark

Postby snappy » Fri Feb 04, 2011 10:22 am

4.57/lb I think it made it. (3.01 each )
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Re: Copper Pennies hit the 3X Mark

Postby aloneibreak » Fri Feb 04, 2011 1:59 pm

finally !

makes those cents everyone is selling at 1.7 look cheap...
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Re: Copper Pennies hit the 3X Mark

Postby ScottyTX » Fri Feb 04, 2011 3:00 pm

Woke up from a nap here and checked copper price. Yipee copper cents at 3.01 each!! I've been waiting to see this day for awhile. When is the general public going to wake up and really get on for the ride?? Time to celebrate with a few cold beers!

Scotty
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Re: Copper Pennies hit the 3X Mark

Postby STINGER » Fri Feb 04, 2011 6:08 pm

Need to form a copper penny cartel just to receive a fair price
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Re: Copper Pennies hit the 3X Mark

Postby TXBullion » Fri Feb 04, 2011 6:15 pm

Wait a second, are we supposed to be saving the old ones or the new ones ?! :P
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Re: Copper Pennies hit the 3X Mark

Postby wiper » Fri Feb 04, 2011 7:33 pm

beers all around...

i admittedly refreshed coinflation a lot today at school waiting for it. :oops:
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Re: Copper Pennies hit the 3X Mark

Postby Coppercrazy » Fri Feb 04, 2011 8:47 pm

I bought a 6 pack of my favorite import beer (with halves) to celebrate!
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Re: Copper Pennies hit the 3X Mark

Postby bman » Fri Feb 04, 2011 9:08 pm

what was it, about 10-15 years ago that silver was selling at 3x to 4x face? :shock:
my old Realcent feedback thread: http://realcent.org/viewtopic.php?f=32&t=171
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Re: Copper Pennies hit the 3X Mark

Postby aloneibreak » Fri Feb 04, 2011 9:11 pm

bman wrote:what was it, about 10-15 years ago that silver was selling at 3x to 4x face? :shock:



try 7 or 8 years ago...

things have changed quickly...
My reading of history convinces me that most bad government results from too much government.

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Re: Copper Pennies hit the 3X Mark

Postby PennyBoy » Sat Feb 05, 2011 3:01 am

ScottyTX wrote:Woke up from a nap here and checked copper price. Yipee copper cents at 3.01 each!! I've been waiting to see this day for awhile. When is the general public going to wake up and really get on for the ride?? Time to celebrate with a few cold beers!

Scotty


Hopefully the general public wakes up when all the copper is gone.
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My feedback: http://realcent.org/viewtopic.php?f=32&t=8534

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Re: Copper Pennies hit the 3X Mark

Postby Tommybee » Sat Feb 05, 2011 8:49 am

Checked out eBay today. There are A LOT of 95% cents for sale. Many items state that cents are now 3x face. I'm watching a lot ot them. Will be interesting to see what they sell for...
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Re: Copper Pennies hit the 3X Mark

Postby CU Baker » Sat Feb 05, 2011 10:37 am

aloneibreak wrote:makes those cents everyone is selling at 1.7 look cheap...


You Bet!!!!!!! I have one lot left and its time too raise the price :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
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Re: Copper Pennies hit the 3X Mark

Postby NDFarmer » Sat Feb 05, 2011 10:55 am

Tommybee wrote:Checked out eBay today. There are A LOT of 95% cents for sale. Many items state that cents are now 3x face. I'm watching a lot ot them. Will be interesting to see what they sell for...



Yes feebay is getting flooded with copper.
Copper - the "poorman's" precious metal !!
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Re: Copper Pennies hit the 3X Mark

Postby Joogaler » Sat Feb 05, 2011 12:32 pm

Tommybee wrote:Checked out eBay today. There are A LOT of 95% cents for sale. Many items state that cents are now 3x face. I'm watching a lot ot them. Will be interesting to see what they sell for...


It's going to be interesting watching my "box o' copper a week for a month" auction go for $153 per box shipped! :o
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