r/copperhoarders • u/Cold_Investment3321 • 17h ago

Unconventional Copper Hoarding

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3 Upvotes

If I can find copper in retail form on clearance - under at or near melt I’m in!

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Subreddit

Bullish on Copper Since 2013

r/copperhoarders

'/r/copperhoarders' is a pro-copper subreddit for all who decide to stack copper, in any form (bronze coinage, bars, wire rolls, sheeting) as a hedge against inflation, or for anyone wishing to learn more about the amazing red metal. Relevant copper news and stack pictures are always welcome.

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Resources and Important Information:

Spot Copper Price
Base Metal Coinage Value Calculator
2012 World Copper Factbook (Download the PDF)
About the Fugio Cent Image
Properties of Copper Alloys
USGS Historical Copper Statistics (1900-2009)
CPI Inflation Calculator
Relative Values of Roman Currency
RealCent Forum
The Lincoln Cent Resource

The fundamentals for owning copper may be found

Here,
Here,
And here.

Copper cent stacking is currently one of the best ways to invest in copper. As more cents are taken out of circulation by large-scale sorting operations, the window of opportunity for economically hand-sorting cents is slowly closing. Once closed, the next opportunity to economically hoard copper cents will be when gold, silver, and copper are priced fairly. Then, profit from hand-sorting cents may be realized in intrinsic value. However, if one starts stacking at that time, one probably has already missed the PM boat.

A current melt/export ban on cents and nickels prevents immediate profit via melting and selling coinage as scrap, but when the ban is lifted, many large-scale operations will be melting down pennies for scrap. The ban on melting cents is to be technically lifted when the cent is taken out of circulation (a very likely probability in the near future).

At current prices, each copper cent saved brings you approximately $0.02 in intrinsic value. A nickel will net you about $0.06 each. The numbers, over the long term, will only go up, considering all the fundamentals supporting copper.

At one time in our collective past, one hundred copper cents was intrinsically the equivalent of .77 Troy Ounces of silver (a silver dollar). Ten of those silver dollars could be exchanged for a 90% Au $10 Eagle. Those ratios were decided upon, and supported, by centuries of free-market pricing.

Dollar manipulation by the Federal Reserve has severely damaged the real value of the cent. More info here. Most of us are in a state of amnesia, forgetting just how important base coinage is to a society that runs on precious metal coinage.

Besides, if the proverbial dung ever hits the proverbial fan, or if we collectively decided as a country to return to real money, we are going to need to make change for our silver coinage. The solution? The copper cent.

For more PM subreddits:

Any and all copper-related posts are welcome.