/biz/ - Business & Finance

>copper
>rusts
lmao

>>12407622
What's the copper in OP's pic worth? $500?

>>12407622
unless you have a fucking warehouse, you're stacking a few thousand $ worth at best.

>>12407622
I buy pre 86 pennies at around melt. It has copper value as well as numismatic value so if one drops the other is around to support its value. Same goes for my silver collection, I mostly get junk silver for that.

>>12407738
$153.40 USD from what I can count

>>12407785
Maybe $165.20

>>12407777
Checked & you're a fucking smart dude.

>>12407622
Copper is shit, just get silver it's so fucking undervalued

>>12407777
what's the markup for the coins VS raw copper value mate

>>12408004
depends since I've used a bunch of sellers but I can find it at melt + shipping online, at the LCS there's markup. sometimes you get lucky and find a good deal, I've got some uncirculated mint bags I got pretty cheap too that were just slightly over melt

>>12407777
I thought it was 1982 for 95% cu

>>12407622
I think once you start collecting copper your "precious" metals fixation is certified autistic tier. Its a waste of time and money like writing Sonic the hedgehog fanfiction or memorizing years and models of toilets

Anyway - Penny hording is a chumps game, wire is 99.9%.
Silver & platinum are undervalued af

>>12408106
I'm sorry I had the year off yeah it's 82. fuck, I haven't bought any in a couple of years. I really don't want them to phase out the penny because it's my favorite denomination but that does mean people will start melting the old ones en masse

>>12408114
the more time passes, the greater the chance of them getting rid of the penny, so anything you can get at or near melt is going to have some value. I wouldn't recommend collecting semi precious metals as an alternative to the stock market, it is just a healthy hobby I have on the side

Silver stacker here Good to see that there are still people on this board that understand the value of precious metals.

>>12408001
I agree, copper rusts.

>>12407719
>>12408231

Copper corrodes, it doesn't rust.

>>12408001
>tfw your posts get screencapped
Feels gud frens

>>12408168
Lots of money to be made in residential and industrial teardowns. Unrelated, but old houses can be a gold mine in lumber as well. People buy old window frames for crafts, and vintage oak tongue in groove flooring can go for a bundle. Getting it out in usable shape is a bitch, tho.
Of course, this all means going outside and doing physical work, so it probably won't be too popular here.

>>12408440
Based silver bro

>>12408521
Old bars and restaurants can be good cash, for old fixtures, especially bar taps, and mahogany bars and trim. You can't buy that kind of old growth wood anymore easily if it's Kapur. Instrument and furniture makers will pay good money for it. If you have a garage or small warehouse to store it, it's a good sideline.

>>12408521
How do you start a teardown? Just look for abandoned boomer houses? Seems comfy and scavenger-pilled
Mm, also, old wood can be made into cool table with some epoxy magic

>>12408403
Rust is corrosion of iron and steel.

>>12408651
"rust" is the product of the chemical reaction between iron and oxygen with water or moisture as a catalyst resulting in Fe2O affecting iron or iron alloys such as steel.

Copper does not "rust".

>>12408699
I know copper doesn’t rust. But it does oxidise, that’s what the green stuff is. Oxidation is a form of metal corrosion. Rust is corrosion of iron and steel.

>>12408647
its fucking illegal

what are you larpers talking about

>>12408743
Maybe becoming a contractor for developers is an option. They need to tear down old shit to build new houses.

>>12408647
Probably a lot harder to do these days. You'd want to look in rural areas that don't have a huge tweaker population.
>>12408759 has the right idea, my dad used to do electrical subcontracting and that's how he would get leads.

>>12408739
words matter. "rust" shouldn't be applied to copper corrosion as it isn't rust.

>>12408865
>in rural areas that don't have a huge tweaker population

That would be a paradox. A rural area without tweakers is like a synagogue without gentile child sacrifice. it just can't exist.

>>12408865
Ex electrical contractor here. We call it demo work in the us & I would work the scrap $$ gained into the overall estimate of the job.
Can't imagine an electrical contractor will pay you to take money from their bottom line.
General contractors who oversee the whole job might not give a shit & will probably let you in for free.
Also, dont even bother with residential projects they are Mexicano-tier