Copper bullion bellow spot price - page 2.

Littleshop

legendary

Activity: 1386

Merit: 1004

Quote from: Morbid on October 23, 2013, 02:51:15 PM

isnt it easier to just go to abandoned factory and strip the copper off large cables?

Compare:

exchange a few PM's and send BTC online

vs

gather tools, get in a vehicle, trespass, find copper, cut off copper (hope they are off!), strip wires (hard)

No. I think it is easier to buy the copper here.

krach

legendary

Activity: 1851

Merit: 1020

Get Rekt

"METALS-Copper rises as dollar falls after U.S. jobs report"
http://www.reuters.com/article/2013/10/22/markets-metals-idUSL5N0IC1M020131022

krach

legendary

Activity: 1851

Merit: 1020

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"I might be up for a box. Will you ship first?"

Sorry I cant do that. Please take a look at my record on other sales:

https://bitcointalk.org/index.php?topic=285797.20
https://bitcointalksearch.org/topic/m.3329312
https://bitcointalksearch.org/topic/m.3260058
https://bitcointalksearch.org/topic/m.3211331
https://bitcointalksearch.org/topic/m.3166236

krach

legendary

Activity: 1851

Merit: 1020

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"Has anyone used this service and can comment on its authenticity?"

Nobody here has ordered yet. However you can look at my past sales of domains, all were postive transactions. If you want we could organize an escrow service.

"isnt it easier to just go to abandoned factory and strip the copper off large cables?"

Cheesy

Well to be honest - No.
Why?
1. That is illegal, you are risking jail time for collecting copper.
2. It takes a lot of effort,logistics and planning
3. Most of the copper in abandoned buildings has already been stripped by the owners or by someone else.

Why not sit back and trade or mine bitcoin and just order a 60 pound box of copper deliveried to your home? Much easier indeed!

"
It doesn't matter if you can't melt them down, they still have inherent value. A 90% silver quarter sells for $4-5 these days, even though it's only worth 25 cents and technically it's illegal to melt them. Still, it has value."

Yes that is why it is a good deal.

Morbid

legendary

Activity: 1202

Merit: 1015

isnt it easier to just go to abandoned factory and strip the copper off large cables?

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Has anyone used this service and can comment on its authenticity?

tim-tams

sr. member

Activity: 479

Merit: 252

You, Me, and BTC: *Your* Liberty & Bitcoin Podcast

Quote from: johnniewalker on October 19, 2013, 11:20:32 PM

These are useless to me as bullion-its illegal to melt them down.

It doesn't matter if you can't melt them down, they still have inherent value. A 90% silver quarter sells for $4-5 these days, even though it's only worth 25 cents and technically it's illegal to melt them. Still, it has value.

krach

legendary

Activity: 1851

Merit: 1020

Get Rekt

A few IFs about copper pennies:

If the penny is discontinued then is should be legal to melt the coins. Canada is phasing out the penny (for example).
If the copper price crashes then the goverment has backed up your coins-They are worth at least one cent each no matter what.
If the goverment that created the coins does not exist anymore then they will have value due to the copper content.

What other metal can you buy below spot price in large ammounts, for bitcoin?!

Virtual is good, Physical is better

krach

legendary

Activity: 1851

Merit: 1020

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"These are useless to me as bullion-its illegal to melt them down."
Yes they are illegal to melt down at the moment. The will change in the future, nobody knows exactly when.
Canada is phasing out the penny-http://www.mint.ca/store/mint/learn/phasing-out-the-penny-6900002#.UmLiFRCbGSo
Check out all other copper bullion, it is often +100% spot price not under spot. This is a long term buy. BTW melting of silver coins in the 60s 70s was illegal, and could still be. I am not a lawyer so I dont want to make claim something that is not true but here is an interesting site
http://wiki.answers.com/Q/Is_melting_silver_coins_legal

"Is this offer USA only?" Yes, there is an issue with shipping or sending large ammounts of this kind of coinage over boarders. Why? Because then you could melt it.

johnniewalker

legendary

Activity: 896

Merit: 1000

These are useless to me as bullion-its illegal to melt them down.

krach

legendary

Activity: 1851

Merit: 1020

Get Rekt

Now accepting ALL coins supported by coinpayments!

You might have Silver or Gold but do you have copper? Can you buy Silver or Gold below spot price?
We offer Copper Pennies below spot price:

OUR PRICE
199$ in current BTC price
for
65.1356 pounds of copper and 3.4282 pounds of zinc in our 95% copper pennies

(10,000 pennies)
FREE SHIPPING IN THE USA
Metal value total is around $216

OVER 25$ BELOW SPOT PRICE!

Oder via PM, Or use the website which uses bitpay

-Order via PM for Bitstamp BTC price, I think Bitpay uses Mt.Gox-

http://pennyhoards.com/

FAQ:
Is it legal to melt US currency? NO, it is illegal to melt pennies. However if they are done away with then it would be legal.
Canada is phasing out pennies (for example).

Can you ship outside the US? We can ship to Canada PM for rates.

Can´t you just do this yourself? Yes, these pennies are still in circulation. You can also hunt for silver quarters, dimes and nickels. However it would take a long time for you to hunt for 10,000 copper pennies by hand.

Why copper? It is used in most electronic devices as well as things like bullet shell cases and other usefull things. If you are a conspiracy theorist then you will see that the copper market is less manipulated than the gold or silver market.

Isnt the box of copper huge?! No, It is not that big really. It is kind of heavy though.

Can I order larger ammounts? YES! If you would like to oder one ton of copper pennies then get in touch.

PM or post any more questions
Thanks

Topic: Copper bullion bellow spot price - page 2. (Read 7807 times)