copper is spiking right now, anyone able to unload?

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copper is spiking right now, anyone able to unload?

Postby JobIII » Fri Nov 27, 2020 7:05 pm

Just took a look at copper charts. Wow, they are looking pretty good right now. Just curious if anyone is having any luck with the copper cent market? I'm realizing my interests are definitely mainly in silver these days.

If only there were a Portland Mint branch located in the North East. :lol:

Happy Thanksgiving and hope everyone is keeping upbeat and staying safe.
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Re: copper is spiking right now, anyone able to unload?

Postby Cu Penny Hoarder » Mon Nov 30, 2020 10:12 am

Even better today... $3.50 as I type this. This is the highest it's been since Jan 2013.

I'll keep my 4000lb hoard of pre-1982's until Cu goes over $5.00
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Re: copper is spiking right now, anyone able to unload?

Postby highroller4321 » Tue Dec 01, 2020 7:41 pm

I have a need for CTU's if anyone is looking to sell.
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Re: copper is spiking right now, anyone able to unload?

Postby cwgii » Tue Dec 01, 2020 8:57 pm

highroller4321 wrote:I have a need for CTU's if anyone is looking to sell.

Wife told me tonight..unload, clean up yard, throw it all away.
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Re: copper is spiking right now, anyone able to unload?

Postby Cu Penny Hoarder » Sat Dec 05, 2020 7:13 am

cwgii wrote:
highroller4321 wrote:I have a need for CTU's if anyone is looking to sell.

Wife told me tonight..unload, clean up yard, throw it all away.


Wives :? :( :evil:
Time is precious, stop wasting it.
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Re: copper is spiking right now, anyone able to unload?

Postby Changechecker » Sat Dec 05, 2020 10:21 am

I unloaded mine at my local bank. Converted funds to silver and have made more on it than I ever did flipping an occasional CTU.
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Re: copper is spiking right now, anyone able to unload?

Postby coppernickel » Sat Dec 05, 2020 1:47 pm

I noticed today the nickel is reaching par as well.

Kitco shows the nickel is worth 98% of face value.
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Re: copper is spiking right now, anyone able to unload?

Postby Catfish4u » Sun Dec 06, 2020 2:18 pm

I am in the midwest. Still been buying - stacking and/or piling. :-) Just bought 120,000 a few weeks ago!
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Re: copper is spiking right now, anyone able to unload?

Postby amalekidad » Tue Dec 15, 2020 11:01 am

My smokin hot wife 'let' me sell my cents when we moved. But now she yells NO when I mention that I might sell some silver.
The pandemic has messed with our brains.
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Re: copper is spiking right now, anyone able to unload?

Postby AdamsSamoa » Tue Dec 15, 2020 2:48 pm

From Coinflation:
$0.0512229
102.44%

Nickels are more than face
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Re: copper is spiking right now, anyone able to unload?

Postby Country » Fri Feb 19, 2021 5:33 pm

COPPER over $4 today - $4.04 !!
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Re: copper is spiking right now, anyone able to unload?

Postby JadeDragon » Sun Feb 21, 2021 2:01 am

The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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Re: copper is spiking right now, anyone able to unload?

Postby thecrazyone » Sun Feb 21, 2021 6:22 pm

Wonder if this will poke the process of melting copper pennies a little further forward, and make our coins more valuable (finally).
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Re: copper is spiking right now, anyone able to unload?

Postby willy13 » Sun Feb 21, 2021 10:29 pm

I swear these internet business articles are written quickly and with very little thought or research. I just skimmed the CNN article but I saw no mention of the push for the "Green New Deal". They mention infrastructure spending but the Trump administration was also pushing for spending on infrastructure and growing the economy. But its the Biden administration that seems to be convincing all the Auto manufacturers to announce that they are going to go all electric. There is 5 times more copper in an electric car. Imagine if GM actual did go all electric by 2035! :shock: Not to mention all the wind mills, solar farms...
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Re: copper is spiking right now, anyone able to unload?

Postby thecrazyone » Mon Feb 22, 2021 10:17 am

willy13 wrote:There is 5 times more copper in an electric car. Imagine if GM actual did go all electric by 2035! :shock: Not to mention all the wind mills, solar farms...


Wow, good to know!
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Re: copper is spiking right now, anyone able to unload?

Postby frugi » Mon Feb 22, 2021 11:31 am

Hey all, I’ve been lurking but rarely post. Things have been so upended for me in 2020 & 2021..... my PC where I spent many hours behind finally broke, and every bit of internet I see is now through my phone, so typing posts are now a chore since I can only use my overly large, fat and stubby thumb. Anyhow m, I hope this upward tick in metal prices , especially silver and copper will spur new interest in realcent. Maybe we will gain a whole new set of new members and hopefully some of our long missing friends will return. I have had some health issues over the past year and have now recovered and am staying busy with my now three year old son and trying to stay fit and healthy through this unusual time we now live in. Anyway, I hope we start to see more activity here going forward, maybe like the old days. I do expect to be posting here more often and look forward to the future.
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Re: copper is spiking right now, anyone able to unload?

Postby TXSTARFIRE » Mon Feb 22, 2021 12:18 pm

Good to have you back! Site activity does seem to pick up with the rise in PM prices. It would be nice to see some new members join in.
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Re: copper is spiking right now, anyone able to unload?

Postby Changechecker » Mon Feb 22, 2021 3:14 pm

Welcome back frugi. Seems a lot of veterans may do drive bys. A few will periodically post. We could use a shot in the arm to restore the enthusiasm of days gone by. Don't be a stranger.
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Re: copper is spiking right now, anyone able to unload?

Postby JobIII » Mon Feb 22, 2021 5:49 pm

Just noticed coppers are valued at over 2.5 x Face. Surprised there isn't more people buying CTUs or new comers getting the copper bug.

Glad to hear you're doing better frugi! 2020-2021 have been strange years to say the least.
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Re: copper is spiking right now, anyone able to unload?

Postby JobIII » Tue Feb 23, 2021 9:34 pm

Catfish4u wrote:I am in the midwest. Still been buying - stacking and/or piling. :-) Just bought 120,000 a few weeks ago!


Wow! I remember those days where it was $1500.00 in pennies a week. So much sorting and returning.
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Re: copper is spiking right now, anyone able to unload?

Postby silverflake » Sat Feb 27, 2021 10:29 am

I am noticing copper cent sales on ebay picking up dramatically. Another sign of the times. Of course "dramatically" is easy to use here as sales on ebay for bulk copper had dried up over the last few years.

Anyhow, I turned in my copper stack a while back and bought gold and silver with it. At least I went from one hard asset to another.

Keep stacking, friends!
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Re: copper is spiking right now, anyone able to unload?

Postby JobIII » Tue Mar 09, 2021 8:48 am

That would at the very least reduce the volume of metal I have... :)
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Re: copper is spiking right now, anyone able to unload?

Postby 68Camaro » Wed Mar 10, 2021 7:59 am

JobIII wrote:Just noticed coppers are valued at over 2.5 x Face. Surprised there isn't more people buying CTUs or new comers getting the copper bug.

Glad to hear you're doing better frugi! 2020-2021 have been strange years to say the least.


Yeah welcome back frugi!

I'm not sure that there isn't a delayed reaction to copper prices before newbies figure it out and join in. We'll see. Of course the cent mining is less lucrative than it was 10 years ago. Harder to source coin. Lower yields. But the market is still there. Funny how no one wants copper at 2.50 or silver at 14, but people line up to buy at 4.50 and 30.
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Re: copper is spiking right now, anyone able to unload?

Postby JadeDragon » Sat Mar 20, 2021 2:59 pm

Canadian Copper pennies are now up to around 3 cents melt
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Re: copper is spiking right now, anyone able to unload?

Postby Klark Cent » Tue Mar 23, 2021 7:08 pm

Things are finally heating up again!
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