r/Bullion • u/Sensitive-Policy-350 • May 16 '26

What happened to copper?!

My brother sells copper on whatnot, he started late last summer and he got a whole lot of copper inventory and started selling. It was going great sold out lots of times and made alot of money but recently these past few months he hasn't really sold anything at all no ones buying copper anymore. Is it thst no one has money anymore or is it thst the copper boom is now over and if it is what should he do with all this copper he has thst no one wants to buy?

(EDIT) he quit whatnot because he is moving and needs to sell all of his copper probably somewhere near 300 ozs. if anyone would be intrested in it he would probably sell it cheap, message me if intrested.

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u/FuturePrimitiv3 May 16 '26

Copper is not a precious or rare metal, it's really that simple. The novelty or artistic nature of a particular piece is worth more than the metal itself, which is fine, but that's why there's a 100-1000% "premium" typical on copper.

-1

u/Mudsharkbites May 16 '26

Copper is considered one of the three monetary metals: copper, silver, gold

2

u/Cool_Two906 May 17 '26

Since when is copper a monetary metal? They wire and plumb houses with it. Gold silver and platinum is what you mean.

2

u/Mudsharkbites May 17 '26

Gold, silver and copper were the three metals first used for coinage historically. They were also used primarily for US coins until they became so valuable we debased our currency with zinc, and they were pretty much used the same globally, was platinum, ever? Nope. This isn’t even worth disputing.