made a little profit from copper rounds and metal

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

made a little profit from copper rounds and metal

Postby mrrosado » Fri Sep 27, 2024 3:04 pm

I bought copper rounds back in 2012 for $1 and was able to resell for $2 in 2024. I held for 12 years to make 100% minus shipping. That is 8.3%/year minus shipping and ebay fees. Not bad.
The average price for silver in 2012 was $31.15 per ounce. Today it's $31.85. Hm....I made better with copper bullion by far. In 2014 it was about $20/oz. I guess I started stacking the year silver was too high. Overall in my small sample, copper was actually the better deal. I think I'll keep stacking both.
I like collecting Gold and Silver. I prefer the Silver stuff. God Bless You.

My website: http://www.fatherrosado.com
follow me on Twitter:https://twitter.com/FatherRosadoNY
mrrosado
Penny Hoarding Member
 
Posts: 528
Joined: Thu Aug 09, 2012 9:52 am

Re: made a little profit from copper rounds and metal

Postby 68Camaro » Fri Sep 27, 2024 4:29 pm

Timing is everything.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8365
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: Bing [Bot] and 3 guests