'Bart' Posted February 22, 2011 Share Posted February 22, 2011 CI Silver bullion sent me an email about their new stock of 1 oz copper Lakotas. LINK Any thoughts? Quote Link to comment Share on other sites More sharing options...
Normski Posted February 22, 2011 Share Posted February 22, 2011 You can buy exactly the same deal for £6.16 (plus £2.81 P&P) from eBay. Delivery from the U.S. Not entirely sure what happens if customs decide to check what's in the jiffy bag, but I've had no worries with metal through the post. You'll need a few hundred of these to make it worth your while, though. And then the customs man may want to be your friend. Get a few for a bit of interest. You'll make a couple of quid resale on eBay for UK buyers. Quote Link to comment Share on other sites More sharing options...
smeagold Posted February 22, 2011 Share Posted February 22, 2011 cheaper than these?: Quote Link to comment Share on other sites More sharing options...
gasket37 Posted February 22, 2011 Share Posted February 22, 2011 Any thoughts? yes - when i got that i thought "that's from sarnia/c i silver and is therefore bound to be poor value"... ...and it looks as if i was right. honestly i think they've lost the plot - since the "old <£18 avoid the VAT scam" has negated their market i think they are a bit pointless now. i haven't used them for ages. still - it was great while it lasted... Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted February 23, 2011 Share Posted February 23, 2011 Any thoughts? Copper is an industrial metal only. Considering the overall global economic situation, I'd place more money on copper dropping than rising in the short term. Silver seems much simpler and more promising. And where do you expect to sell copper rounds? (eBay does not count for me.) Normski's comment is also interesting. I also received the email; I wasn't interested. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted February 23, 2011 Author Share Posted February 23, 2011 Thanks for the replies guys. On eBay I found a pound of copper for less than the 5 oz that CI Silver were selling. http://cgi.ebay.co.uk/1-Pound-999-Fine-Copper-Bullion-Bar-Great-investment-/230583537924?pt=UK_Coins_Bullion_Bars_SM&hash=item35afd99104 I wonder if copper is worth a long term punt (say 5-10 years)? Of course, selling it isn't as straightforward as gold or silver. EDIT: 1 kilo for £36. http://buycopper.co.uk/one%20kilo%20bar.html Quote Link to comment Share on other sites More sharing options...
azogar Posted February 23, 2011 Share Posted February 23, 2011 i don't get buying freshly minted copper bullion, if you are buying them as a play on copper, just buy old pennies in bulk- far far cheaper Quote Link to comment Share on other sites More sharing options...
newbonic Posted February 23, 2011 Share Posted February 23, 2011 Thanks for the replies guys. ..... EDIT: 1 kilo for £36. http://buycopper.co....kilo%20bar.html Copper's about £7kg in bulk isn't it? Seems like a huge mark up for nice shiny billets. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted February 23, 2011 Author Share Posted February 23, 2011 Copper's about £7kg in bulk isn't it? Seems like a huge mark up for nice shiny billets. Don't knock the shiney shiney. Quote Link to comment Share on other sites More sharing options...
Number79 Posted February 24, 2011 Share Posted February 24, 2011 Thanks for the replies guys. On eBay I found a pound of copper for less than the 5 oz that CI Silver were selling. http://cgi.ebay.co.uk/1-Pound-999-Fine-Copper-Bullion-Bar-Great-investment-/230583537924?pt=UK_Coins_Bullion_Bars_SM&hash=item35afd99104 I wonder if copper is worth a long term punt (say 5-10 years)? Of course, selling it isn't as straightforward as gold or silver. EDIT: 1 kilo for £36. http://buycopper.co.uk/one%20kilo%20bar.html I am happy to sell you kilo's of copper for half that. Not in a solid bar but lengths of heavy wire, hey, what do you expect for half price Quote Link to comment Share on other sites More sharing options...
Number79 Posted February 24, 2011 Share Posted February 24, 2011 Copper's about £7kg in bulk isn't it? Seems like a huge mark up for nice shiny billets. scrap price on bright copper is about £5kg I think Quote Link to comment Share on other sites More sharing options...
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