SFBayArea
Bronze Member
Copper is at $3.70/lb right now just 10 cents from 3.80/lb.. but no ebay prices reflect that. Copper cents on Ebay are just still 25-30% over face and haven't changed dispite up tick in copper prices. Not good.. Some guy seller named pennybullion on there too is flooding the market with bags of copper cents. I think if he was smart, he would sell less volume on Ebay so the prices would be higher. I just have a couple boxes of copper cents but want to get rid of them. However, with 30% profit margin minus shipping costs, time, weight lifting, & Ebay fees, it's not worth it right now. I'm just ranting but I'm hoping at some point these copper cents will trade at double face value so I can get rid of the couple bricks of copper I have. Frustrated because I sort them by hand and use a scale to separate the 82's. It's time consuming. I want a Ryesdale but they are expensive. Just ranting I guess.. any thoughts?
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