Copper rounds

[Lea79]

Hi guys ?

Just wondered if any1 else buys copper rounds? And if so where from?  I've been buying a few lately  just so I can buy something and curb my pm spending while saving for something bigger. Do you think they'll b worth it?.

[HelpingHands]

I don't know what they sell for but I suspect they are well over spot.

How about looking for cartwheel pennies/two pennies or just the old Victorian pennies.  Postage will be an issue if buying a load so maybe look local.

I don't know the scrap value off hand but here are the compositions.

https://en.m.wikipedia.org/wiki/Penny_(British_pre-decimal_coin)

[Lea79]

Yeah theyre well over spot.  Old pennies is an idea I bet theyre not that east to find either.

[HelpingHands]

I'd rather spend a fiver on an old cartwheel penny though than a modern copper round.

Have a look at eBay completed listings.

[Lea79]

Ill have a look later thanks.

[watchesandwhisky]

if you want copper coins i have over 10kg of them if you are interested.

[morezone]

If you're kind of collecting copper rounds I have a zombucks walker you can have for £1 posted. I think it's a walker, not at home to check.

[Lea79]

That would b awesome ?.  Pm me ur Paypal and ill buzz it through.

Thanks 

[Lea79]

35 minutes ago, Madstacks said:

if you want copper coins i have over 10kg of them if you are interested.

Im just picking them up as buying fix while I save for some gold.  I think 10kg would hit that a bit too much but thank u.

[watchesandwhisky]

Ok mate, its a good plan if it scratches a buying itch:)

[HighlandTiger]

Currently spot for copper means that a copper post decimal 1p coin is worth 1.24p, and a pre decimal copper 1d coin is worth 3.29p.

Just got to wait for a law change that allows us to scrap old coins

 

The 1797 cartwheel pennies are worth about 10.4p at spot. 

[HelpingHands]

38 minutes ago, HighlandTiger said:

 

Just got to wait for a law change that allows us to scrap old coins

I thought the 1d coins should be OK to scrap currently.

At least the cartwheels are collectable as numismatics.

For cheap buying fixes I think the best bet is pre47 silver.

[Murph]

Ebay prices for a lot of really poor condition cartwheels are often very high.  Things you'd expect to pick up for next to nothing from a dealers scrap box seem to sell for £10 up on ebay.