uthminsta wrote:With copper currently at around $4.30, that comes to about 8.5 cents worth of copper each.
With the eroding of purchase "value" of the FRN, and copper on the rise (despite fluctuations), I'm buying large pennies (diversifying). Now i'm thinking long term, 5-10+ years, but at $.20 each from a local shop, thats not a bad price considering what Ebay lots go for plus shipping. You need to consider why your buying them and your time line. I think China will have the final word on copper and the new copper funds are only fueling the fire.
1 AVoz = 28.35g / 8.93g per large penny = 3 .17 large pennies per AVoz
Winner of the "2014 Thogey Award for Long Term Coin Hoarding in the Face of Spousal Skepticism". Awarded by AGgressive Metal, 8-6-2014.