Not a Silver Stacking Post

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You might remember a couple of weeks ago my wife and I took a trip to the Upper Peninsula of Michigan. I wrote a pretty good number of posts about it, so if you missed it, you must have been trying really hard :)

The area we visited is one of the northern-most parts of our state and one nickname for the general area is called "copper country". Feel free to go back and look at my past posts if you want to get into the geography of the region. It involves volcanoes, millennia of heating and cooling of the earth, and cornish miners.

Long story short, there once was a ton of copper up in that area of the state. For the most part it has all been mined out. Good old Google says that all mining of copper in the "UP" ceased in 1969.

On this particular trip, we happened to take our nephew camping with us and one of the activities that we participated in was a tour of one of the now defunct mines. I say defunct, but that isn't entirely accurate. While no commercial mining is happening, Michigan Technical University in nearby Houghton, MI has a mining program and those students have started to mine some of the old adits.

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The Qunicy Mine that we visited has a gift shop like most tourist attractions do, and my nephew had some money that was burning a hole in his pocket that he just had to spend. He was looking at all the cheap typical souvenir stuff when we suddenly saw the display above in the far corner of the store.

They had pretty much every shape and form of copper that you could imagine. Blocks like the on you see in the opening photo, all in varying sizes and weights. Raw unformed copper, spheres, 1 oz, 5 oz, 10 oz, 1 pound, 5 pound, they even had a 10 pound "brick" that was selling for like $150 or something like that.

It was a proud uncle moment when I talked my nephew into buying the 5 oz block of copper that you see in the opening photo. I explained to him that it wasn't just a cool souvenir, it was also an investment. His dad is an accountant, so I am sure he will appreciate the lesson taught on this occasion.

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It's actually a pretty impressive display if you are into copper at all. I know the #silvergoldstackers community is mostly for silver and gold stacking, but seeing how excited my nephew got about holding some copper, I don't think it is too much of a stretch to expect he will soon own some silver or gold.

Perhaps copper is his "gateway metal" to the wider world of stacking silver and gold. His birthday is coming up in just a couple of months and I think it would be really cool to start buying him some silver bars or coins each year. I am his godfather after all. It would be a special little gift just from me.

It was pretty funny because he was so adamant about not taking it out of the plastic zip bag that it came in. The whole way home (8 hours), you could hear the bag crinkling as he inspected it over and over again. I think it is safe to say the world has a new stacker on it's hands!

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All pictures/screenshots taken by myself or @mrsbozz unless otherwise sourced

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55 comments
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Nice that’s a good thing to invest in right now! Things like copper are important to have and even cooler when it’s a nice display like that lol

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Yeah, I would totally agree. The recent correlation between copper and BTC is also really interesting too. Makes me wish I had bought some for myself!

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Cuul! Thanks for sharing.
Any links to those previous posts you mention?
Thanks!

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I have thought about buying some copper off of places like APMEX, but I would run out of space real fast if I drop the same amount I put into a typical gold or silver purchase.

!discovery 31

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Yeah, I was actually really surprised by the bang for his buck that he got. I forgot to mention it, but I think that cube he got was only like $20 or something like that.

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That's awesome! I do the same for my nieces and nephews. You cracked me up with the Gateway Metal. 🤣

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I'm glad you caught that. I was hoping I could make the reference without offending anyone!

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Introduction at a young age, investment will grow into a hobby, later a lifestyle would be an amazing thought. Lucky to have an uncle showing him the ropes.

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I do what I can. I am sure his dad will be pretty happy too!

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Good start for young man, wish we had been shown the ropes like that when growing up.

Tried to share post on Twitter who appear to have a problem.... Have a great day.

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Smart boy, and good lesson taught by his uncle!
I'm quite sure these things are indeed a sort of gateway to more .. I truly hope to teach my little girl the same sort of lessons about investing to avoid her getting into similar situations as I did in my youth :)

!CTP

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Yeah, I hear you there. Teaching them early is always a good thing. I hope that she become a right sliver bug like you!

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Stacking copper is definitely legitimate. A great place to start.

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Good to hear! It definitely has a lower entry point. Not that silver is that horrible!

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Thanks for sharing on Listnerds have the best day
!ALIVE
!CTP
!PIZZA

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Nice that it's got the symbol from the periodic table.
I read somewhere, or was told, not to take metals out of their protective packaging because the oils in your skin mark them, so your nephew was on point 😍.

Lovely story in so many ways.

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yeah, I think you are right about the oils. It probably has to do with oxidation too. Though I doubt the zip bag is fully air tight. Thank you!

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Interesting. I don't stock copper but it's a great test of the overall economy.

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It's a gateway metal, be careful. First copper, then next thing you know you are adding on for fort knox!

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(Edited)

That is just the way to introduce a young person, Jay! @bozz When you can spark interest early, it makes learning and growing easier to integrate into your lifestyle.

Yay for awesome uncles and aunts!

Edit: My dad was a long ago collector of copper. It wasn't worth a lot but he loved it. They do have copper rounds and lots of coins. If you haven't, check them out!

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It's why I kept all my old pre-1997 Canadian 98% Cu pennies according to coinflation well before they get demonetized in 2014. And rolls of 100% Ni pre-1982 Canadian 5 Cents.
Commodity value at play!
KLR

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You are a true pioneer! I remember having a chunk of raw unformed copper when I was a kid.

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My Father bemoaned the lost value of the penny as it used to decent candy when he was a youngster. It's One of the memories that got me thinking of inflation and noticed that the price of copper reaching it's face value and so I culled them out of my loose change until it became demonetized.
The penny will make a comeback after the SHTF.

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Perhaps copper is his "gateway metal" to the wider world of stacking silver and gold.

Copper is frequently overlooked and underestimated by stackers. Metals are metals and even though copper is not a "precious" metal, it is still widely used and the price will always creep up for him.

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Totally! It is insane the number of scrappers that target copper in pretty much any form.

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Yeah, it can be crazy. There has always been a problem down here with people stealing copper from job sites.

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We get that a lot here too.

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At times though I feel like having a store for silver coin stacking

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That looked fun, I think it's a great way to get him stacking silver and gold!

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I hope so! I need to find some really special pieces for his birthday.

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Pretty cool!

I had a bag of pre 1982 pennies I used to lug around. I finally gave to a cousin of mine who looked really excited to get them.

I used to work at a used jewelry store and sometimes we would get gold and silver melted into bars. It sure was fun.

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That is really cool!

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Copper is definitely a decent commodity to hold and it's one of the best things to look at for the stock markets. It generally shows how well construction and other things in the economy are in demand.

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