The value of purchasing copper collectibles

Why buy items for copper collectors?

Throughout history, harvesting has been preserved as a hedge to protect against inflation. Although the US dollar continues to falter in an uncertain world economy, metals retain their value. Now copper, which is regularly considered a base or industrial metal, has aroused interest among buyers of precious metals. Many expect greater demand as India and China modernize, and actually develop new technologies that use copper. While some people prefer to invest in commodity markets, many prefer to physically own the metal, honoring the opportunity “If you don’t hold it, you don’t own it”.

Accumulating copper products can be seen as a critical investment or simply as a fun hobby, given the added and unique benefits of accumulating unique value. In times of economic problems, many collectibles lose value due to the fact that demand is falling, but copper products always have a commodity value.

In the very worst case scenario, if hyperinflation hits the US government, as it has with many fiat currencies before, many believe that precious metals and copper products allow trading in other services and goods.

Why are copper ingots so expensive?

There are many factors that cause a high premium on copper ingots compared to the spot price shown in the paper markets.

The first factor will be the fact that copper is not so easy to recycle. Unlike gold and silver, which melt efficiently and are easily oxidized during melting, copper is easily oxidized, especially when heated. This involves the use of special methods or chemicals to ensure pure copper without creating bubbles and contaminants.

Because of this additional processing, unpolluted copper is not easy to accumulate anywhere near the market trade price unless you contract for regular delivery and delivery of several tons per month. It takes into account the cost of processing, size, finishing, stamping or engraving, as well as shipping, and the price has reached the level you see on my web page.

Although there is a premium rather than a spot price for copper ingots, the same goes for silver and gold. In this particular market, it is not surprising that the premiums for silver coins exceed 4 – 5 dollars per ounce, and gold is regularly sold for 50 – 60 dollars per ounce. If you consider our popular 1-ounce copper wheels in terms of premium over stain on copper, it’s much less than premiums on both silver and gold.