could you barter with copper?

Discussion in 'Survival & Sustenance Living Forum' started by coastguardgunnersmate, Jul 28, 2012.

  1. coastguardgunnersmate

    coastguardgunnersmate New Member

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    I have just started collect precious metal bars and am thinking copper is cheap so I am going to buy a few hundred pounds. I am buying the kilo bars, which are 2.2 pounds a piece. Just curious if you guys think it could be used for trade like gold and silver in a SHTF scenario. Thoughts?
     
  2. clr8ter

    clr8ter New Member

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    Waste of money. Premiums too high. However......why not just collect it? You can get pure copper from a variety of places; wiring, pipe, pre-'82 pennies, ect. Also, note that certain canadian nickels are pure nickel......might also be good to have.
     

  3. towboater

    towboater Well-Known Member

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    Yep. Bars cost too much. I guess 1 or 2 would be OK, but I wouldn't buy many. Save copper pennies.
     
  4. coastguardgunnersmate

    coastguardgunnersmate New Member

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    I've been paying around 10-12 dollars per kilo bar. The coin shop up the street has it for 32 per bar.
     
  5. GaMatt72

    GaMatt72 New Member

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    Hoard the copper. It will be worth it in the end.
     
  6. KG7IL

    KG7IL Well-Known Member

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    Lead Alloys might be worth it as well.
     
  7. TLuker

    TLuker Active Member

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    I'm thinking copper would not be very useful for barter? It might be ok for an investment, but I wouldn't think it would be of much use if you plan on using it if the SHTF.

    Of course that is just my opinion and I certainly could be wrong. Right now some things have value simply because we all value it like money. Some things have value because they are very useful like copper. It is valued primarily because it is such a good conductor of electricity. If the SHTF I'm guessing there isn't going to be much electricity and therefor not much demand for copper. Not to mention if things get so bad that we are reduced to bartering, there will be plenty of copper available (all those power lines with juice).
     
  8. Axxe55

    Axxe55 The Apocalypse Is Coming.....

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    copper, gold, silver aor any other precious metals would have little worth in a SHTF situation. can't eat them. can't drink them. they can't protect you. if the SHTF comes from a failing economy, i highly doubt any precious metals will be worth anything. food, water and resources will be worth much more. with hungry stomach, which is worth more to you, a gold bar or a Big Mac?
     
  9. sputnik1988

    sputnik1988 Active Member

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    I would imagine that lead would be worth more and maybe potassium nitrate, charcoal and sulfur.;)
     
  10. Axxe55

    Axxe55 The Apocalypse Is Coming.....

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    bullets and gunpowder! yeah!:D
     
  11. sputnik1988

    sputnik1988 Active Member

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    Although the copper could come in handy for us Glock owners.:D:(:mad:
     
  12. trip286

    trip286 New Member

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    Yeah, that's unfortunate. If S truly HTF, y'all GLOCKers would have to figure something out if it comes down to home made bullets. Although, I think a harder lead alloy would do just fine with plenty of cleaning.
     
  13. bkt

    bkt New Member

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    Copper for barter? No. Gold and silver wouldn't be any good for barter, either. For barter, you probably want booze, tampons, condoms, diapers, medicines, ammo and cigarettes.

    As a store of wealth? Well, maybe. Gold and silver are better. Actually, silver is more scarce than gold and used more in industry and that's where I'd put my money as a hedge against the dollar crapping out. I personally wouldn't consider buying copper except for maybe a few rolls of 20 or 30 one-ounce rounds. If you have a great line on bulk copper and can get a great deal on it, it might not be a bad thing to have a few pounds.

    A store of metals or other raw materials is what you use to get back on your feet after a SHTF situation. It's not what you use during one, though.
     
  14. HockaLouis

    HockaLouis New Member

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    Copper was very valuable to the Powhatten Indians, Virginia, 1607. It's lost a little since then...
     
  15. TLuker

    TLuker Active Member

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    I stand corrected. Copper will be very useful if the SHTF. It makes grate coils for a still, and that will then create something of value. :)

    Me personally I'm not worried about items for barter. I'm focusing on items for production, and a working knowledge of those items. Having a few bottles of whiskey could be useful for trade, but having the ability to make whiskey would be priceless. Of course the value of those bottles of whiskey would go up exponentially after anyone tried my home brew. :D
     
  16. Axxe55

    Axxe55 The Apocalypse Is Coming.....

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    only if it's copper tubing!
     
  17. Seven

    Seven New Member

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    You can barter with anything. If you can find somebody that wants it.
    As others have said, there's just a lot more items that may have 'buyers.'
     
  18. TekGreg

    TekGreg Lifetime Supporting Member Lifetime Supporter

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    The value of money is only in people's perception o its value, e.g. If it will buy them what they need, it has value. In a short-term SHTF situation, like the movie "Trigger Effect," those that have stocked up on supplies could make a fortune collecting money for over-priced, badly needed items. When the crisis ended, they would be sitting pretty! But if we get to EOTWAWKI, money will be worthless and metals will only be worth what can be made from them. We will go back to a barter system with one person trading vegetables they grew to someone else for a quart of milk. At this point, copper tubing to turn corn into liquor (no matter how bad) will be worth 100x more than a copper bar!
     
  19. clr8ter

    clr8ter New Member

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    To OP: Uhhhh, "Kilo"? How much over spot is that per POUND? LOL

    Axxe, I disagree. Is it possible that with SHTF, people might need to store or save their wealth, and not in some food/fuel/whiskey/ect. form? Also, if the price of silver & gold were to go WAY up, maybe copper could step in to act like a medium of exchange for small things, like buying bread.