by Watchman » 01 Jan 2018 06:36
I don't like to do this but I did - I "borrowed" this post from another news outlet. My primary aim was to document the worth/non-worth of buying copper rounds. This explains the predicament and also offers some tips.
Why Do People Buy Copper Rounds? Discussion in 'Bullion Investing' started by Soapy Smith, May 4, 2015. Page 1 of 3 1 2 3 Next > Soapy Smith Soapy Smith New Member I see a lot of "mints" selling, and a lot of people buying, copper rounds. This is something that has me scratching my head. I can understand buying copper as an investment but, do you really need to buy copper for the sake of buying copper? I mean, every time you throw away an electrical appliance (worn out electric shaver, hair dryer, television gone dark, etc., etc.) aren't you throwing out copper in the cord, and in the inside of the appliance? I don't buy copper rounds, but I've got a bucket in the garage that I keep "scrap" copper in - I cut the cords and peel the plastic coating off and save the copper. If it's something with green board in it, I also take that in to the recycling center (there's silver and gold in that green board). I paid for the copper in the appliance once, why would I throw that out (or send it to be recycled for "free") and then turn around and pay someone for a copper round? Should I buy a furnace and a crucible and "mint" my own rounds? Would that make it acceptable? (Cited from:
https://www.cointalk.com/threads/why-do ... ds.263188/)
I don't like to do this but I did - I "borrowed" this post from another news outlet. My primary aim was to document the worth/non-worth of buying copper rounds. This explains the predicament and also offers some tips.
[quote]Why Do People Buy Copper Rounds? Discussion in 'Bullion Investing' started by Soapy Smith, May 4, 2015. Page 1 of 3 1 2 3 Next > Soapy Smith Soapy Smith New Member I see a lot of "mints" selling, and a lot of people buying, copper rounds. This is something that has me scratching my head. I can understand buying copper as an investment but, do you really need to buy copper for the sake of buying copper? I mean, every time you throw away an electrical appliance (worn out electric shaver, hair dryer, television gone dark, etc., etc.) aren't you throwing out copper in the cord, and in the inside of the appliance? I don't buy copper rounds, but I've got a bucket in the garage that I keep "scrap" copper in - I cut the cords and peel the plastic coating off and save the copper. If it's something with green board in it, I also take that in to the recycling center (there's silver and gold in that green board). I paid for the copper in the appliance once, why would I throw that out (or send it to be recycled for "free") and then turn around and pay someone for a copper round? Should I buy a furnace and a crucible and "mint" my own rounds? Would that make it acceptable? (Cited from: https://www.cointalk.com/threads/why-do-people-buy-copper-rounds.263188/)[/quote]