Pre 1993 copper 2p coins for investment?

Loughton_Monkey

IronWolf wrote: »

lol, I just find it hilarious that it has now come to searching through penny jars with a magnet just to make an extra 20p

More importantly, if we wake up one morning to find that all the Taunton area manhole covers/road signs have been taken up, carted away, and sold for scrap, then poor old Smeagold could well find himself 'helping the police with their enquiries'.

smeagold

Loughton_Monkey wrote: »

More importantly, if we wake up one morning to find that all the Taunton area manhole covers/road signs have been taken up, carted away, and sold for scrap, then poor old Smeagold could well find himself 'helping the police with their enquiries'.

hmmm never thought of that, seriously tho whats so funny about it?
The metallic value of the coin is worth double the face value. I'm gonna start collecting them in earnest and squirrel them away for my daughter I'd imagine in 20 years copper will be a rare commodity too just like silver. Once 2ps are pulled from circulation I can happily smelt them into kilo ingots, stored wealth with intrinsic value.

bendix

Christ that is so sad.

I simply don't know where to start . . .

darkpool

is smeagold for real? surely it's all a big wind up?

smeagold

making new highs again today:)



that couple of quid I collected yesterday is now worth 6p more. result. I'm rich:D

dzug1

listonosz wrote: »

.
How long before we see the return of the pound note as paper is far cheaper than metal.

Is it? What's the life expectancy of a low value banknote? A month or two. What's the life expectancy of a coin? 50 years? Longer?

MsHoarder

smeagold wrote: »

All these comments just make me laugh, you people just don't get do you? You don't realise whats going on at all. your 'wealth' when stored in paper, no matter if its cash or bonds is being stolen from you while you sleep.

Government-sanctioned monetary theft by deception is being instituted on a scale the world has never seen. If the cause of inflation were understood by the people, then totalitarian, socialistic government would be unattainable. This ruthless theft is not an accident! President Franklin D. Roosevelt

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a
million is able to diagnose.”
– John Maynard Keynes

You think this recent bout of inflation is a blip? wrong. it is a deliberate policy of all governments to steal your wealth with a 'global printing paper money into oblivion' bonanza that will not end.
If you don't start dumping the paper and buying real assets wether its gold, silver, copper, farm land, food, oil or whatever some day soon your gonna wake up a pauper cos your paper money will be printed into nothing

You all need to wake up to whats going on and start thinking outside of the box and start protecting yourselves. The financial system and with it paper currency is collapsing.

Paper money eventually returns to its intrinsic value ---- zero. Voltaire

What is the intrinsic value of gold/silver? They have been used mostly as money/decoration in human history, not to produce anything of real value

smeagold

MsHoarder wrote: »

What is the intrinsic value of gold/silver? They have been used mostly as money/decoration in human history, not to produce anything of real value [/LEFT]

well silver has intrinsic value as an industrial commodity used in just about every electronic appliance. gold and silver have value also as monetary metals, with some kind of mystic or natural law where people ascribe value, perhaps I might trade in all that gold I got for copper instead., but maybe not

Gold is money and nothing else JP Morgan

downs523

smeagold wrote: »

making new highs again today:)



that couple of quid I collected yesterday is now worth 6p more. result. I'm rich:D

LOL nice post

steady__eddie

In an attempt to get the thread back on track, any idea what the copper content on the old LSD coinage is has I've just been ripped off ? Some bar steward palmed me with a 1933 penny in my change today. :mad: