Realcent.org

Base Metal & Precious Metals Forum

Skip to content

bought some copper round for .72 , good price?

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.
Post a reply

bought some copper round for .72 , good price?

Postby 97guns » Sun Mar 13, 2011 11:45 am

ive been watching this lot of 200 rounds for a while with no action on it so before i went to sleep last night i put a bid on it and came up the winner. final cost is .72 per round. im pretty sure i did ok but just wondering from the copper heads here.
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.

ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
User avatar
97guns
Penny Collector Member
 
Posts: 334
Joined: Fri Nov 12, 2010 10:41 am
Top

Re: bought some copper round for .72 , good price?

Postby misteroman » Sun Mar 13, 2011 11:57 am

You got a great deal on copper rounds but a horrible deal on copper. I probably would've bought it though to because they are neat!
misteroman
Too Busy Posting to Hoard Anything Else
 
Posts: 4333
Joined: Sun Feb 17, 2008 10:00 am
Location: WNY
Top

Re: bought some copper round for .72 , good price?

Postby 97guns » Sun Mar 13, 2011 12:00 pm

yeah it works out to 11.52/lb :cry: i guess thats why ive always overlooked them at $20/lb.
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.

ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
User avatar
97guns
Penny Collector Member
 
Posts: 334
Joined: Fri Nov 12, 2010 10:41 am
Top

Re: bought some copper round for .72 , good price?

Postby misteroman » Sun Mar 13, 2011 12:48 pm

lol if ya want to get rid of some, post them on here for $1 ea and I bet they'll go quick!
misteroman
Too Busy Posting to Hoard Anything Else
 
Posts: 4333
Joined: Sun Feb 17, 2008 10:00 am
Location: WNY
Top

Re: bought some copper round for .72 , good price?

Postby jasmatk » Sun Mar 13, 2011 5:57 pm

What style :?:
-If you face the light you will never see shadows
User avatar
jasmatk
Penny Hoarding Member
 
Posts: 924
Joined: Sun Aug 22, 2010 10:00 am
Location: florida
Top

Re: bought some copper round for .72 , good price?

Postby 97guns » Sun Mar 13, 2011 6:24 pm

d'Anconia ?


http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... MEWNX%3AIT
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.

ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
User avatar
97guns
Penny Collector Member
 
Posts: 334
Joined: Fri Nov 12, 2010 10:41 am
Top

Re: bought some copper round for .72 , good price?

Postby natsb88 » Sun Mar 13, 2011 9:31 pm

I'll give you $200 for them, you can realize an instant $50 profit :D
User avatar
natsb88
Too Busy Posting to Hoard Anything Else
 
Posts: 8386
Joined: Thu May 01, 2008 3:00 pm
Location: The Copper Cave
Top

Re: bought some copper round for .72 , good price?

Postby frugalcanuck » Sun Mar 13, 2011 10:07 pm

haha.. and misteroman wins that one. An offer was put out there pretty quick
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
frugalcanuck
Penny Hoarding Member
 
Posts: 753
Joined: Sun Apr 25, 2010 10:00 am
Top

Re: bought some copper round for .72 , good price?

Postby misteroman » Mon Mar 14, 2011 5:15 pm

aw nate can have them if he wants, but doubt 97 is looking to sell
misteroman
Too Busy Posting to Hoard Anything Else
 
Posts: 4333
Joined: Sun Feb 17, 2008 10:00 am
Location: WNY
Top

Re: bought some copper round for .72 , good price?

Postby 97guns » Mon Mar 14, 2011 11:37 pm

havnt really thought about selling them, i dont even have them in hand yet.
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.

ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
User avatar
97guns
Penny Collector Member
 
Posts: 334
Joined: Fri Nov 12, 2010 10:41 am
Top
Post a reply

Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 10 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group