The Smart Stacker's Guide To Copper Investing - The BEST and the WORST Copper Bullion
Vložit
- čas přidán 28. 05. 2024
- Watch me test this 2 kilo copper bar with a super strong magnet ► • Super Strong N52 Neody...
In this video I show you some of the copper bullion I have in my stack. I also cover what I believe are the worst, and the best forms of bullion for copper investing. Some forms of copper bullion can even be obtained below spot, yielding an instant return on your copper investment.
I'll also cover a few of the reasons I think copper will be a solid investment in 2021 and for the next decade.
Are you stacking copper? Let me know in the comments below. Thanks for watching!
Nothing in this video should be construed as investment advice. Provided for informational purposes only.
Watch me test this 2 kilo copper bar with a super strong magnet ► czcams.com/video/ty5NVs911ro/video.html
Hello sir I am a young prospector from zimbabwe
i was stacking so hard my man, now i need new toilet;/ was not worth it
I am holding a significant amount of copper, some in wire some in copper rounds and bars. All collected for free and processed right here. It required an investment in the equipment to do so but is well worth it.
sounds fun too!
@@SmartSilverStacker it is,I enjoy seeing the pieces coming out of the molds , it's real anticipation wondering how good they will look.
@@ralphkleyer9324 where is best places to source free copper?
@@jamieleseelleur At this point in time with so many people out there scrapping, it is getting harder to come by. But there are still items that people pass up because they don't want to do the extra work of getting it out. Vacuum cleaners and fans are two things. Other places are old houses that are going to be torn down but it is hard to get permission for those because of liability if you get hurt. Most of the scrappers that roam the streets pick up items with good copper in them but don't take it out. To them it's a numbers game and the faster they can turn it over the more money they make and that is true to a degree but that does not maximize you money you can make. I don't sell copper to the scrap yards, just the tin and steel by product that I get from them. I also find that friends and family can be a good source, if they know you are doing it. Specially if you help them get it out of their place. Other items that are sometimes passed up are water coolers because the contain coolants that need to be properly dealt with , but I find that most of the time they are put to the curb because they don't work and are empty anyways. If you have any friends in construction you may be able to get them to save some stuff for you. There are lots of places to get it and the more places you can think of the more you will get. It generally comes to me as a trickle from each source but if you have lots of source you will be surprised at how fast you can acuminate it. It takes time and effort to accumulate sources. But the curb is still one of the best places to look and definitely a good place to start. If you have any more questions I will do my best to answer them. Good luck and scrap on!
@@jamieleseelleur Plumbers .. be a plumber ...
Copper actually has a longer history than Gold or Silver as a monetary metal. Copper was the first discovered monetary metal more than 10,000+ years ago. The difference between Copper and Silver, for example, is just its wealth storage density capacity. When the Earth's population was relatively small and its economies fragmented and small, Copper was enough to account for the wealth of the world. As the world developed and both the size of its economies and their interconnectedness began increasing, Silver was discovered 6,000+ years ago and added to the global monetary system. As this trend continued, Gold was discovered 5,000+ years ago and added to the system to account for the Earth's wealth. Each of those metals had significantly higher wealth storage density than Copper and made room for vast growth in the world's economy. It wasn't until midway through the 18th century that one last metal was discovered and added to the mix, and this metal was Nickel. So at the end of the day, those metals which make up the entirety of the real or natural monetary metals are Gold, Silver, Nickel, and Copper. They correspond to large, medium, small, and smallest of purchasing power. However, since the early 20th century, human governments and the people deceived by their assertions that things like Gold & Silver are dead, have been trying to cheat the honesty and transparency called for by sound money by using things like fiat money, credit, cryptocurrency, stable coins, NFTs, and CBDCs. First and foremost, these metals are monetary metals. They may also be commodities, but by nature, they are always money first. I say "money" not in terms of how they are used or looked at but in terms of what they are, by nature. It's philosophical point based upon their objective characteristics rather than a practical or functional point. They function as insurance in unsound money environments and as money in sound money environments. Yes, I keep Copper pennies and Nickels as well. I probably have a couple of hundred pounds of them taken together.
Wow this is a really thoughtful comment, I enjoyed reading it! Thank you!
Interesting ! What about platinum being discovered ?
@@prayforusa1994 It was discovered, but Platinum mainly ended up in jewelry and watches, or as auto catalysts in the 20th century. It's many times more rare than Gold, so it's actually too rare to ever be money. There is a sweet spot of rarity along a spectrum that allows a metal to be money, as well as having to possess a number of other traits. Having said that, having a few ounces of Platinum and Palladium is not a bad idea, at least after you're reached some significant goal in your Gold & Silver stacking. Stick with real money first.
@@veritasfiles ok thank you!!
LOL!!!!! Copper is not a hedge against inflation......Stacking copper is silly.
Canadian Pennies 1996 and earlier are 98% copper.
I'm stacking up nickels and pre 1981 pennies now..... I have a change box every year that I cash out and have not cashed out yet. I will definitely stack copper like this from now on.
Thanks for the info
Subscribed. I think you bring a cogent alternative viewpoint on the not so apparent, off-the-beaten-path metals value to the stacking profile of a metal stacker. I'd never considered the upside in nickel stacking before. This is much better than some channel showing hands playing with silver/gold while spouting same things over and over again. For that I thank you sir.
The only way you’d actually lose your money is if both the price of copper and nickel crashed AND congress said they were no longer going to be used as money like what canada did. The odds of both happening is almost zero though
Hi everyone. I’m from the U.K.. I love collecting copper scrap. All electrical appliances have a copper lead with a 3 pinned plug that are sometimes brass. Stripping the plastic from the copper wire is very labour intensive but it’s great fun. We have recycling centres around here in west London and the amount that is thrown away is huge. Lovely copper spools in microwaves etc. I have 74kg of stripped copper wire, it’s free so why not. Great video.
Regards
that's a nice chunk of metal!
Here in the USA...abandoned houses and other places get raided by drug abusers to pay for their habit
@@beautifuldreamer3991 Wow that’s not good. We do get the railway infrastructure being sometimes attacked for the large cables that run along side the track but I’ve not heard of un occupied houses being striped..
Semi-new to stacking and ... hadn't thought much about my nickels. You gave me some food for thought there. Thank you.
I was going to look up when when they stopped making copper pennies. Very informative video, thank you.
1982
Don't ask when ask why
Very informative! Thank you.
I never buy copper bullion anymore. The only time I did was to get my cart to free shipping. I buy goldbacks now to fulfill that need.
solid choice!
I started stacking copper for 2 years and I have almost 200 pounds!! Copper is a beautiful metal!!!I love copper
nice, stack on!
@@SmartSilverStackerhow do you store so much Copper???
I can remember a time when people would say saving pre 64 coinage was not a worthwhile investment.
lol that's pretty funny, nickels and pennies will be the same thing!
@@SmartSilverStacker truth!!
Get pre 1982 Pennies and all Nickels, zero downside. Each box of Nickels contains 2000 Nickels, a Nickel is worth around 10 cents. Get ‘em while you can.
Thanks for the info
I always saved my scrap copper plumbing, scrap copper wiring whenever I have to gut a house to remodel it. Copper I don't stack as much though, I prefer to stack gold and silver which is my main stack of precious metals, silver I stack 1oz, 5oz, 10oz, 100gram fractional kilo bars, and 90% junk silver Mercury dimes, Morgan dollars, standing liberty quarters. Gold I buy 1 gram to 2.5 gram bars once a month.
⭐⭐⭐
8:20 you can also scratch the surface of the 1982's. The zinc pennies have a very thin layer of copper
Nice work here
You’re on to my favorite collecting item NICKELS! They actually went to 9 cents during to NICKEL short squeeze a couple years ago! I also had been collecting many years ago pennies. I would grab a hand full of pennies that I would sort thru while having breakfast every morning (that was about 10 years ago, not as much after) In recent years a continue to get nickels routinely at the bank a few rolls or so. I collect them for a very important reason. THE FIAT DOLLAR i believe will collapse. These are perfect for smaller transactions like groceries etc as apposed to a 1 5 or 10 ounce bar of gold or silver. Pennies & nickels are a must in that regard. One last thing I still get rolls of pennies now & then to sort thru after the SHTF
You're right Cents and Nickels are great, but I think the best American coinage right now is the Quarter. The most liquid (biggest denomination in common circulation) and highest post-82 copper content (91%). They take the least amount of space, between cents and nickels.
a dollar worth of nickels contains more copper and nickel than a dollar worth of quarters
@@SmartSilverStacker But it takes twenty nickels to make a dollar
@@CyrusOfNaias that's exactly my point, you can buy 20 nickels for the price of 4 quarters. that's why nickels make the better bullion investment
@@SmartSilverStacker I suppose you're right. But as long as we're under the current fiat monetary system, Quarters are the most liquid and convenient for me to use as currency compared to paying for everything in cents or nickels. I can stack for both high Copper content per unit and spending money in lieu of worthless paper
@SmartSilverStacker
Alright you've convinced me! I will stack Nickels. Thank you for your help
Ahhhh.. I think I'll stick to stacking gold. A 1oz gold coin is worth about the same as 175kg of Copper. Even Silver gets too bulky once you accumulate a 'significant' amount of value.
My copper is mostly in brass and bullets.. which is very useful as you say. I was looking at copper rounds until I saw your vid and you basically confirmed what I was seeing - ridiculous premiums. Astronomical. More like buying pokemon cards or something...
Yeah US nickels are the way to go if you want to stack copper
The only problem with nickels is the potential cost of separating the copper and nickel in the coins. The pure elements are easier for industry and jewelers to work with.
I’m grabbing 82 and earlier
I have tons of copper fittings. Worth way more than any other form. There was a big freeze locally and it was worth many times what it cost/was worth.
I don't coin roll hunt. I save every nickel but what can you do with them. I pick out 1981 and before pennys same question. just a hobby.
In ten years people will be telling stories of making purchases with pieces of paper worth nothing and pieces of metal worth big $$$
Some form of digital reserve currency is going to happen, just a matter of when.
cbdc is the only "money" you will see , not crypto , lol
crypto lovers never admit Russia has a "crypto" they worked with the world bank to make, which 1 do you "FEEL" you will see used , lol
I bought 2 bank boxes of nickels about 10 yrs ago. I haven't bought anymore since, but I might buy a few more before you can't buy them anymore.
Is there any type of presses or dies that can be purchased, that will make copper rounds or whatever into projectile jackets that you would just fill with lead afterwards? Poop hit the fan scenario type thing.
I have some pennies (I think like five of them) that are from the 50’s to 70’s.
The copper wire connecting to your outlets (romex) is the best in my opinion. Just don't start ripping it out your wall haha. Get them from construction sites
Good word, I’m interested in copper looking for ways to invest near spot, thanks
Love copper I stack tons of it
If there is some major inflation, $100 might only be enough to buy a sandwich or something, so you could lose money in that sense I guess. Also you get interest when your money is in the bank. However, I still think it’s smart to stack these coins because it is very likely for the mint to stop production of Copper and nickel nickels and nickels will be very sought after.
a single nickel coin would buy the sandwich like it did in 1917
Do you not think that the cost of separating the nickel from copper might be a disadvantage for Nickels
It is definitely a consideration
Yes sir I collect copper, aluminum, gold ,silver, platinum and palladium. I don't have any rhodium
added bonus to investing in nickels: the opportunity for Nickelback jokes.
to get copper at market spot you have to take delivery of 25000 pounds. any smaller peice will naturally have some kind of premium.
not if you stack pennies or nickels
Honestly a bit surprised that not a mention of the possibility of silver when purchasing nickels like that.
How does one invest in copper.. I researched Platinum, Paladium, and .Lithium, and lots of roadblocks such as few mines, too high priced. I do love metals, they are beautiful, and useful. Valuable is a big bonus. Plus, not much competition. Silver is crazy right now.
how does one invest in copper? Stack US nickels
Where did u get the 2 kilo bar. I've been making my own copper bars but that bar is pretty
from Silver Coast Metals, they have an eBay store where they sell copper bars www.ebay.com/usr/silvercoastcopper
lets call this silver stacker additional hobby.
Just watched this for the first time. I'm new to this sort of investment. I have a question. If I buy $100 worth of nickels, where would I sell it as bullion?
At the moment there's not a market for them as bullion coins, as they are readily available from the banks at face value. I believe that in the future a secondary market will develop for them when then mint changes their composition or cancels them entirely.
A similar example would be the secondary market that has developed for pre 1982 pennies, which can regularly be sold for about twice their face value on eBay.
Put a $100 bill next to a box of nickels worth $100 , One is money the other is the ghost of money..
I would like to buy copper bars.
i only stack scrap as its free. Minus my time but its kinda fun
yeah finding metal is pretty satisfying
what are your main sources of scrap?
Are there any ETFs for copper? If yes, how sensible it would be (unlike PMs) to invest in paper copper?
There is a nickel and copper etf, I talk about it in this video here: czcams.com/video/BQ9RjyveMSA/video.html
paper copper , paper dollar, same , so your call .
Cooper's King
I really want to buy copper coins, but in Norway, old coins was made of both copper and tin. Is this still worth investing in? I would really appreciate an informative reply.
how much tin was in the alloy? can you still get those coins at face value? how common are they?
@@SmartSilverStacker I don’t know how much copper or tin there’s in them. I also don’t know if I can get them at face value, all I know is that it’s a kilo of coins for 15 usd. They were made between 1909 and 1972, so they’re not in circulation anymore.
I just found out that current coins are made of 75 and 81 % copper, depending on the coin. So I think it’s safe to say that older coins at least have that much copper in them, or even more.
Came over from wss
thanks for stopping by, I love wss!
I've been stacking nickels as a side gig for a couple months now. If I got an extra $20 floating in my wallet I just head down to the bank and exchange it for 40 rolls of nickels. Easy and cheap
Good way to build up a stack!
40 rolls of nickels costs more than $20.00
yes you exchanged 20$ for 80$ worth of nickels /s
How would anyone know that you melted the pennies?
Asking for real.
Well if someone starts showing up at the scrap yard with home made bars of 95% copper 5% zinc, questions might be asked lol.
Today conflation says $100 of nickel is worth $169 in metal...
Nickels are 75% copper 25% nickel and dont have to be sorted.
Wrong. Unless you specifically get newer mint rolled rolls, sorting is still a requirement unless you just want to toss the silver.
@@Wolfe_Metals_Stacking
One keeps ALL nickels.
It want a solid copper house.
Eyes on the prize, the point of money and the value of trade is largely that we are inspired to get up and go DO something valuable with and for others. Stacking a.k.a. hoarding removes the medium of exchange from circulation. Consider loaning said precious to another for worthy endeavors in exchange for reasonable prophet secured by valued collateral...The chief complaint about fiat is that is borrowed into existence from corpses that did nearly nothing to create it. Store your treasures in heaven or perhaps in the hearts and minds of thy naybores .Cheers
I do Pennys and if i find wire i keep them
I participate in commodities trading by recycling metals.
Build a throne out of nickel boxes!
#goals
Nickels are worth 8.6 cents each and rising, get them while you can!
I imagine that eventually we'll be looking at ways of stacking zinc, if inflation stays high, LoL. 👻
Buy Nickle and Copper right now and you will be free from Starvation and Homelessness during your Retirement , Just Sayin ! :) QC
i dont stack it but i do have rolls of pennies and nickels about 500 dollars
But how could you take advantage of the price of copper and nickel from these coins? If nobody can melt them, who would pay more than $100 for them?
Let's say that 90% US silver coins were illegal to melt down, do you think the market for them would disappear?
@@SmartSilverStacker gotcha. So it’s more for transactional value like silver. Got it!
Just got $50 nickels yesterday
Who says you have to melt them.
@@SmartSilverStacker
This has been my question, too.
Say a collapse of the dollar happens, like it seems we're headed towards, now, and we want to use metals as money for transactions after that, then do we need to find people willing to take the metals we have in the form we have, or do we convert some to cash that day (at whatever crazy amount inflation gets you, then)?
Or, just what?
I'm sorry if these are too basic of questions; but, I'm brand new to this, and with the way things are going in the world right now, and with the dollar probably gonna crash, it's time to convert cash to metals, I figure...
But, I'm still trying to figure out how having metals would work after that crash.
Do you have any videos you made that explain the basic basics for someone brand new like me?
Or any that might explain how in an 'after the fall' scenario, using metals for money would go?
I really appreciate your videos.
Thank you.
4:49 Why a long pause there? Are you alright?
lol yes I'm ok, just poor editing, thanks for bringing that my attention
I coin roll hunt pennies a lot and save all the pre 1982 pennies. I probably have about 25lbs of copper pennies right now. I am just waiting for them to make it legal to melt them.
Copper is selling for 2.70 a pound, if you pay 1.99 per ounce..16 ounces in a pound. It will cost you 32.00 dollars to get 2.70 worth.
IMO people would take a copper round over a nickel or penny. I know I will not accept nickels or pennies for trade, now nor future.
why has the copper content of a roll of pennies dropped from 20-30% to 12.5% in the last 2 years?
It all gets turned in to silver and gold I sell 100 Pennie’s for 3$
Copper bullion??? LOL!!!!
Smart silver stacker I believe nickle being a industrialize material it should not be stacked as an investment or collecting it should not be something to store in a warehouse. In my opinion it should be used for industrial purposes.
silver is an industrial metal too
@@SmartSilverStacker for practical purposes nickel is very underrated silver isn't and silver is easily stackable. The Hunt Brothers back in the early 80's monopolied silver. Copper not so much.
@@SmartSilverStacker I actually agree 100% with you sir. It's a No Lose proposition, with a huge upside. Logically it's an even better 'investment' than even silver and gold. Why? Because, unlike silver/gold, your initial investment can Never go negative. It's better than putting money in the bank with the risk of currency devaluation. Instead the intrinsic value of these coin will appreciate over time. It's a better inflation hedge than even Au/Ag. Once they roll out the CBDC, these base metals coins will realize their true value.
@@jrtjonathanwinchell3955 As for the storage issue. Consider a roll of nickels is about 4 in3. In a 1ft3(12x12x12 in) container = 1728 in3. you can fit about 450 rolls of nickels. Thus a $900 value in a 1 ft3 container holds a corresponding $1760 in base metal melt value as of 3/10/2022. Thats almost 2x current dollar value with no downside risk. I think its worth the hassle. I'm converting my basement for the holding cell.
@@ptaeiy what bothers me about stacking you can't take it with you when you die.
Im stacking pennies and nickles
fyi it is illegal to melt down pennies... so that is a terrible way to invest in copper.
why would you need to melt them? I stack junk silver too and have zero plans to melt any of the coins
@@SmartSilverStacker what is the point then...no one is going to buy your pre 1982 copper pennies for more than a penny each unless they are wheat pennies / indians / or good conditions and then only because of the numistatic value. You are just as well off saving any other form of cash. So what if the copper value in the penny is double or triple the value of the penny, if you cannot extract the copper then you cannot reclaim that negative premium. Also, I have junk silver but that actively is traded and valued at 15 to 20 times face value... i don't see people selling pennies at 3x face value. The value of something is what someone is willing to pay for it, not what the hypothetical value of the melting is. That is why silver eagles go so high over spot price, because someone will pay that for a variety of reasonings. I just feel like saving boxes of copper pennies is a waste of space and time, and good luck finding a bank in 10 plus years that will accept that many pennies.. the area of the united states i live in basically won't give any coins or accept any coins at most banks near me already.
@@srh9893 this is factually incorrect. Look on ebay completed sales (just an easy example) and you will see that there is a ready market for copper pennies already, people regularly pay close to twice their face value for them. When they completely disappear from circulation this market will likely grow. I get what you're saying, but in practice it's not what is happening.
@@SmartSilverStacker well i guess when you are right, you are right. I still think its one of the worst things to stack or invest in though based on it's weight and how hard it would be to sell it quickly
@@srh9893 They're not hard to sell, but the main drawback is that you have to spend time sorting them. I much prefer US nickels, they're worth something like 140% of their face value at the moment and you can easily get $100 boxes from your bank. Worst case scenario they're always worth face value.
dont do it, you need way too much space for it. also silver and aluminium are already the new ‘wire standard’ copper is going away
I don't think copper is going away in any of our lifetimes
@@SmartSilverStacker def not an investment, supply is too high and with decreasing ask from industrial it will last forever to sell out
Copper is superior to aluminum for wire. Al is cheaper for feeder wires, never used in branch circuits due to oxidization / fire hazard. Copper is here to stay.
Your hand is annoying
so is this comment, so we're even! just kidding, thanks for watching 👍
You should take this video down, it hurts your credibility. I have 10 boxes of nickels in my safe for ballast. That is 220 pounds. The equivalent $1K in silver is less than three pounds, in gold less than one ounce. Copper is absurdly heavy and is not precious. When I was in the trades once or twice a year I would bring my scrap in two full sized garbage pails to the junkyard and leave with $400.-$800. I'm about to retire (again) and I have $500. saved for each month for the next twenty years. Most of this is in a Roth IRA, also have a little metal and some very saleable collectables. If that $120,000 was all in gold that would be 60 troy ounces, or about 4 pounds avdp. If I was stacking silver we need a good wheelbarrow to carry that 330 pounds. Going to need a tractor trailer to move 40,000 pounds of copper. Over 400 cubic feet if in copper pennies. Again, absurd. If you get free copper scrap as I did on my old job it is found money, convert it to fiat and buy gold or silver. If you are paying SD Bullion $32. a pound for something worth $3.00 you are a fool. 22 MILLION metric TONS of copper were produced in 2022. And demand will continue to fall.
nah, I'll leave it up
@@SmartSilverStacker I thought I made a compelling case for the folly of stacking copper. But hey, thanks for the reply! If you are ever in the Nashville area I would love to buy you lunch. I will pay for it with nickels.
Your speaking but saying nothing.
ok karen
@@SmartSilverStacker See, I was right. My name is Kathy, not Karen.
Make your own channel KAREN
Copper😂