Copper bullion investment "PM Cu .999 1oz"


#1

This thing looks like a dummy .45ACP. According to the seller, it is a 1oz investment into pure copper market, nothing to do with ammo, just a piece of .999% pure copper with a hope that copper prices shall skyrocket. Anyone knows what PM means?


#2

Vlad, PM stand for Presston Mint NYC, Middle Village, NY. The ones made of silver are made by Northwest Territorial Mint, Dayton, NV and marked NWTM 1oz 999 AG.


#3

Vlad

With copper at 21 cents per ounce, how does the cost of one of those look??

Ray


#4

You probably need to keep this for a hundred years to recover your investment. Then you start making serious money.


#5

$5, I bought it just to post at IAA


#6

I got these for $1 a piece as just a ammunition related novelty.

Joe



#7

Fede, Northwest Territorial Mint has now it’s own copper line too:
store.nwtmint.com/Copper_Bullet_Bullion_/ALL

Their 12GA looks impressively detailed.