copper what to pay for a 1kg bar

[craig12]

ok I'm probably crazy,  but I'm bored on a sunday with a few cans of fosters , whats a good price to try and grab a 1kg copper bar for so its good value to spot /melt  I know its a metal that's frowned upon , its just ive got a £100 spare and just fancied summat different in the safe 

 

I'm struggling to convert how much a 1 kilo bar is at melt/spot  as they talk in     lb s     on copper

[morezone]

Just google weight convertor and you can convert whatever weights you need and want

[Danny-boy]

Right now, a kilo of copper spot is $5.70.

That equates to £4.60 for a kilo.

You'd be better off collecting copper pennies to be fair.

[Pampfan]

If you want to buy copper - go to a scrap yard- all the processed bars are way over priced. 

100 pounds should get you at least 20 kilos of scrap copper. 

Show that off to your friends. 

?

 

[Cornishfarmer]

Don't know too much about copper, but I think when it oxidises to goes green, is it flakey i.e. Comes off when rubbed or does it just change colour like silver toning?     I've fancied buying a couple and using 1 as door stop and pit one out in the garden

[jayboat]

£27 matey, Never used are heard of the website, just a quick search. Should give you a ball park figure

http://buycopper.co.uk/unpolished one kilo bar.html

[watchesandwhisky]

I have 100 kilos of copper pennies, old pre decimal ones, I can do you a deal better than any bar by far, unless you have your heart set on a bar.

£5 per kilo, i can deliver upto 8kg for £10, so £50 delivered for 8kg,

Smaller bundles may be possible.  

[4Nines7Hills]

I thought it was illegal to melt down 1p and 2ps or Is it different for pre-decimal as they are no longer legal tender

[watchesandwhisky]

Grey area I think, though I have heard of people taking them across to france to melt (apparently perfectly legal) My scrap yard happily buys them and its an above board operation.

[sovereignsteve]

as a matter of interest, how many old pennies to a kilo?

[OlliesSilverBars]

I can make copper bars if you'd some 

[watchesandwhisky]

18 hours ago, sovereignsteve said:

as a matter of interest, how many old pennies to a kilo?

They were 9.4 grams each when struck so approx 107 coins.

[Danny-boy]

I love how Craig starts a thread and never posts in it again.

Mental idea / stupid question number 2 always takes priority.

[craig12]

is danny boy  a moderator or a keyboard warrior

[Murph]

23 hours ago, Madstacks said:

I have 100 kilos of copper pennies, old pre decimal ones, I can do you a deal better than any bar by far, unless you have your heart set on a bar.

£5 per kilo, i can deliver upto 8kg for £10, so £50 delivered for 8kg,

Smaller bundles may be possible.  

100 kilos!  How did you end up with that many?  I remember the red cardboard tubes full of them used to sell very cheaply when I was young as they weren't that old but were out of circulation so nobody wanted them but 100kgs.

[watchesandwhisky]

11 hours ago, Murph said:

100 kilos!  How did you end up with that many?  I remember the red cardboard tubes full of them used to sell very cheaply when I was young as they weren't that old but were out of circulation so nobody wanted them but 100kgs.

Well thats a guesstimate I might be over estimating but at least 50kg, but it was about ten heavy ass bags full to the brim lol, they were my granddads..he died before i was even born, and my grandma has just had them in the garage for years, he used to run an arcade so I'm wondering if they were from penny pusher machines or something..There is also a full bag of UNC 1967 pennies and 30 rolls of sealed half pennies the little tiny ones.

[Roy]

http://wisetradesmen.com/news/create-a-floor-from-pennies

FAO @Madstacks 

[MickB]

You could buy a 5 kilo copper bar from Geiger-Edelmetalle for 67 Euros plus delivery if you want something different. They sell 1 kilo copper bars for just over 18 Euros.

[Pipers]

 I have loads of Goerge and Vic and pre-decimal E 2 pennies they are called coppers but infact are bronze which is 88% copper.  At the last count I had 4kg of them I also have loads of scrap copper from the scrappy just most of the shed.  offer a couple % more than he can get selling it on.  Buy only the better grade.  compared to madstacks my pennies are but a tiny collection. 

I myself would not buy an overpriced copper bar there are lots of ways to get copper in the UK, I even have a paper position on copper and on copper miners .  Mrs Pipers likes bronze statues though not Benin bronzes (brass) we have been lucky over the years and bought well and bought under The spot price, though this can take months and years to find a nice price. 

IMO you would have to be an idiot or a collector to buy a copper bar certainly you would not buy one for an  investment.

[MickB]

You're right about only an idiot or collector buying into copper bars @Pipers for an investment. I've bought all sizes of Geigers bars from the 1oz to the 5kg bar and have them displayed in my front room sitting (one of each) on top of each other like a pyramid. I did buy a few others but have sold them all on and made a few pounds along the way.

Only bought them as I thought it would be a neat pile to look at but wouldn't get anymore as I have loads of free scrap copper lying around in my garage and at work.

A few months back I was looking on Catawiki.com at the prices they were selling for. Just had a look now at what 2 x 1 kilo bars sold for recently. Unbelievable that they sold for £96!

[Pipers]

21 hours ago, MickB said:

You're right about only an idiot or collector buying into copper bars @Pipers for an investment. I've bought all sizes of Geigers bars from the 1oz to the 5kg bar and have them displayed in my front room sitting (one of each) on top of each other like a pyramid. I did buy a few others but have sold them all on and made a few pounds along the way.

Only bought them as I thought it would be a neat pile to look at but wouldn't get anymore as I have loads of free scrap copper lying around in my garage and at work.

A few months back I was looking on Catawiki.com at the prices they were selling for. Just had a look now at what 2 x 1 kilo bars sold for recently. Unbelievable that they sold for £96!

Well there you go, there are idiots.  Not you MickB but the buyers on the Auction site.  

3/02/2017 Copper is @ £4.70 kilo LME prices

Lets say you buy a 1kg bar with a premium of 25%  that gives a bar price of  £5.87 so £6.00 is not a stretch. I am also of the opinion copper unlike Silver will never be in short supply so investing in this commodity must be timed correctly, be bought very close to the fix/spot price from the scrap yard or tradesmen, only buy the top quality copper.

If anyone wants to collect copper bars then thats fine but with the massive price mark up it is hard to see where the return would come from if you had more than a few bars.  

[danmc82]

I buy these as a novelty ...

https://www.sarniasilver.com/store/index.php?page=copper-rounds

I only add to an existing order though.

[watchesandwhisky]

55 minutes ago, shortstack68 said:

@Madstacks are these all Elizabeth II? I might have a friend who'd be interested, will keep him busy for a while for sure

Yes mate they mostly are, Depending how much and what they are after i can definitely put something together.

[Pipers]

15 hours ago, shortstack68 said:

I doubt ER II is copper because the copper pennies changed to bronze in 1860 during Victorias reign

Bronze is 88% copper, I also said pre-decimal so the large pennies.  Not Benin bronze statues which is Brass. I refer you to my earlier post.

 

On 2/1/2017 at 00:32, Pipers said:

 I have loads of Goerge and Vic and pre-decimal E 2 pennies they are called coppers but infact are bronze which is 88% copper.  At the last count I had 4kg of them I also have loads of scrap copper from the scrappy just most of the shed.  offer a couple % more than he can get selling it on.  Buy only the better grade.  compared to madstacks my pennies are but a tiny collection. 

I myself would not buy an overpriced copper bar there are lots of ways to get copper in the UK, I even have a paper position on copper and on copper miners .  Mrs Pipers likes bronze statues though not Benin bronzes (brass) we have been lucky over the years and bought well and bought under The spot price, though this can take months and years to find a nice price. 

IMO you would have to be an idiot or a collector to buy a copper bar certainly you would not buy one for an  investment.

 and then 

16 hours ago, Pipers said:

Well there you go, there are idiots.  Not you MickB but the buyers on the Auction site.  

3/02/2017 Copper is @ £4.70 kilo LME prices

Lets say you buy a 1kg bar with a premium of 25%  that gives a bar price of  £5.87 so £6.00 is not a stretch. I am also of the opinion copper unlike Silver will never be in short supply so investing in this commodity must be timed correctly, be bought very close to the fix/spot price from the scrap yard or tradesmen, only buy the top quality copper.

If anyone wants to collect copper bars then thats fine but with the massive price mark up it is hard to see where the return would come from if you had more than a few bars.  

 

[Pipers]

@shortstack68

Thats right I was talking the mainly of the Bronze pennies from queen vic (reign 1837-1901) who if you were lucky you might get a copper rarely though, to Queen E2 pre dec 1970.  

It looks like I am misinformed about the Bronze pennies.  On your information  they have a lower Tin and Zinc percentage.  Can you tell me where you got your information from please so that i can verify it.

Thanks Pipers