Would you put copper rounds in capsules?

Discussion in 'General Precious Metals Discussion' started by SpacePete, May 3, 2015.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Is it worthwhile putting copper rounds in capsules? Or is it better to leave them exposed so they tone over time?
     
  2. iceblue

    iceblue Well-Known Member

    Joined:
    Nov 10, 2011
    Messages:
    2,954
    Likes Received:
    110
    Trophy Points:
    63
    Location:
    South Gippsland Bullion
    Being that the capsule is worth more than the copper I would say no.
     
  3. Miloman

    Miloman Active Member Silver Stacker

    Joined:
    Feb 21, 2013
    Messages:
    1,467
    Likes Received:
    1
    Trophy Points:
    38
    Location:
    Sydney, Australia
    depends.. do you expect it to appreciate?

    1930's penny is copper.
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    I doubt any of the copper rounds I have would appreciate much if at all. I'm talking about copper SBSS stuff (Slave Queen and a few other types), various copper Zombucks and other random copper rounds. Some are already in capsules.
     
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    I'm not looking to protect any miniscule value copper rounds might have. I'm just thinking if its worth trying to protect them from the effects of time, or would it be worth letting them gradually darken.
     
  6. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    if you want to get spot for them, don't think it really matters?
     
  7. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    Aren't they coming out with a clear varnish to prevent tarnishing?
     
  8. Gatito Bandito

    Gatito Bandito Active Member

    Joined:
    Nov 8, 2014
    Messages:
    2,357
    Likes Received:
    20
    Trophy Points:
    38
    Location:
    US
    Absolutely.
     
  9. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    They seem to tone just as well inside the capsules, not that I have a statistically relevant number of coppers in capsules to be meaningful.

    They dull down pretty quickly.

    The only reason I have any in capsules is because I only have a few, I already had the capsules, they are part of a collection with some silver coins in capsules, copper picks up fingerprints very easily.
     
  10. Bobby Woodlawn

    Bobby Woodlawn New Member

    Joined:
    Dec 15, 2013
    Messages:
    104
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Holy City
    I put my copper rounds into magazines. -bw
     
  11. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    For toning? I have heard cardboard is also good for that.
     
  12. iceblue

    iceblue Well-Known Member

    Joined:
    Nov 10, 2011
    Messages:
    2,954
    Likes Received:
    110
    Trophy Points:
    63
    Location:
    South Gippsland Bullion
    Gun magazine.
     
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    ahaha, it went right over my head.
     
  14. Shippeevt

    Shippeevt Member

    Joined:
    Oct 12, 2014
    Messages:
    702
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Vermont USA
    No worries silverpete it took me a couple reads too..
     
  15. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,154
    Likes Received:
    221
    Trophy Points:
    63
    Location:
    NSW, Australia
    I took them out of capsules and used the capsules to sell silver 1oz coins in so I don't have the capsules any more.. Safe loves me for it freeing up the space.. Copper is not worth holding as too valueless youd need tons to make any money .. Mine are all going for what I paid when I have more free listings on ebay to get rid of them.. I was into them in my first yr of stacking before I got gold or a decent stack of silver but upgraded to greener pastures

    Capsules are worth more than the standard copper bullion if you buy them off chimp

    I do put high value antique copper in 2x2cardboard protectors but am also ceasing to accumulate these looking to focus instead on gold and silver antique coins.. Primarily as I can't collect it all and after a while it all gets too much and I need to consider where my stack will be in 5 or 20 years .. Even selling off my prime copper (including best known specimens like below:)

    [​IMG]

    That signals to me I will need to curtail silver also and concentrate on golf (I mean gold stocks gems crypto)
     
  16. Billythekid

    Billythekid New Member

    Joined:
    Oct 24, 2011
    Messages:
    52
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    South Australia
    If that is happening then that is the precise moment when it is most important to keep your head down :)

    Bill
     
  17. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously


    It all depends on the round.

    I have blob copper rounds (common, cheaply made, no mintage limit) that I store in the 100 round plastic tube it shipped in.

    On the other hand, I have collector copper rounds that I treat like semi-numi coins such as the one's below and they stay in individual coin capsules:





    [​IMG]





    [​IMG]





    [​IMG]





    [​IMG]





    [​IMG]




    .
     
  18. iceblue

    iceblue Well-Known Member

    Joined:
    Nov 10, 2011
    Messages:
    2,954
    Likes Received:
    110
    Trophy Points:
    63
    Location:
    South Gippsland Bullion
    Is copper for suckers!!??
    At time of writing copper spot price per troy oz $0.20014 USD http://coinapps.com/copper/ounce/calculator/
    Using provident as a guide QTY 1-19 cash price $1.69 USD
    20-99 $1.49 USD
    1000+ $0.99 USD < Still x5 the spot price lol.
    Copper is a BASE metal, not a precious metal.
     
  19. Gatito Bandito

    Gatito Bandito Active Member

    Joined:
    Nov 8, 2014
    Messages:
    2,357
    Likes Received:
    20
    Trophy Points:
    38
    Location:
    US
    I feel like such a sucker for buying slabbed copper.. :(


    [​IMG]

    [​IMG]

    [​IMG]
     
  20. iceblue

    iceblue Well-Known Member

    Joined:
    Nov 10, 2011
    Messages:
    2,954
    Likes Received:
    110
    Trophy Points:
    63
    Location:
    South Gippsland Bullion
    Missing the point. Numismatics are not bullion.
    For copper bullion people are paying 8x spot!!!
     

Share This Page