Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.
by joemac » Thu Apr 26, 2012 8:30 pm
Does anyone have any experience with the 1oz copper buffalos or other like the peace dollar look alikes? I see them on Ebay for about $1.75, but copper is trading for about .23 an ounce right now.
What do people think of these? The premium appears to be awfully high when compared to spot, but the minting process costs something.
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joemac
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by bman » Thu Apr 26, 2012 8:38 pm
I don't think they are a good investment as a PM or metal but they are nice looking....I say buy some if you like them but I wouldn't expect any profit to be made later on. Just my opinion.
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bman
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by joemac » Thu Apr 26, 2012 8:42 pm
Kind of the answer I was looking for. I'm going to make it to the next meeting come hell or high water. Finishing up with 6 college classes so I will have a lot more time.
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joemac
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by bman » Thu Apr 26, 2012 9:10 pm
if you make it to the coin club meeting you might win one of those copper rounds as a door prize.
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bman
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