This listing has ended.
This is a private listing. Sign in to view your status or learn more about private listings.

Posts to:
United Kingdom  |  See exclusions
Posts to:
United Kingdom  |  See exclusions

Details about  10 Troy Ounces 999 Fine Copper Buffalo Bullion Bar

See original listing
10 Troy Ounces 999 Fine Copper Buffalo Bullion Bar
Item Ended
Item condition:
--not specified
19 May, 2012 09:06:38 BST
Doesn't post to United States | See details
Item location:
Ashbourne, Derbyshire, United Kingdom


eBay item number:
Seller assumes all responsibility for this listing.
Last updated on  27 Apr, 2012 15:23:16 BST  View all revisions
teertS evoD ,egattoC rehtaeH
modgniK detinU

Item specifics

Type: Bars/ Ingots Metal: Pure 999 Copper

10 Troy Ounces 999 Fine Copper Bullion Bar

Beautiful New 10 Troy Ounce Buffalo Ingot

Factory Sealed - Unopened

Copper is Bullion too!

Prices are on the increase!

This is a sound investment for the future

China sits on 40% of the worlds copper. With China and India emerging as global traiders, the price of copper, which is in very high demand, is set to rocket


, 17:17, Thursday 28 April 2011

Gold has been seen as a symbol of wealth for thousands of years, while copper is a metal that's so poorly regarded it's what we use to make our lowest-value coins from.

Except we don't use it any more. Why? Because the value of copper has risen so much it would cost quite a bit more than 1p to make a penny piece from it now. Since 1992 the Royal Mint has made 1p and 2p pieces of copper-plated steel instead.

The value of copper is now so high that trains are being delayed across Europe as thieves steal the wires from the ground near train tracks, security is being beefed up and laws changed to try to prevent more theft. In the UK copper water pipes are being ripped from walls, school roofs are being stripped and water tanks stolen as thieves loot easily-accessible copper.

Copper has tripled in price in two years, from just over $3,000 per metric tonne in February 2009 to above $10,000 (£6,000) a tonne in February 2011, although it has slipped back a little since then. "Perhaps copper is the new gold," Pinaki Rath, the managing director of Gold Matrix Resources, said this week.

And as the world's economies continue to improve their infrastructure and crave more modern conveniences, copper may even provide better long-term returns than gold.

Why copper prices are rising

Used in a variety of infrastructure, electrical and power generation products, copper could be the best way to play the industrial metal complex and the strengthening global economy.

The red hot metal is facing good long and short term prospects despite the generalised rise in commodity prices. On the supply side, global stockpiles of copper are expected to fall to an all-time low this year on top of the nearly 22% decline in inventories in 2010.

Analysts predict that the global refined-copper market may experience a deficit of 500,000 tons to 600,000 tons in 2011. Various bank analysts and executives from copper producer Freeport-McMoRan have stated that low ore grades and scarce new resources will dwindle supplies. Australia's Macquarie Bank estimates that 2011's shortage may be the largest since 2004.

On the demand side, continued emerging market growth is one of the main factors in copper investment. Analysts at Barclay's estimate that China currently accounts for 40% of global copper demand. However, its per capita use is still 10 years behind the average developed Asian economy.

As China matures, its copper consumption will need to rise to 20 million tons. The current annual total worldwide production of copper is only about 16 million tons. India's copper demand is set to grow by 7-11% through 2011, as it expands its energy transmission architecture. In addition, many analysts see potential new future demand for copper by hospitals due to its antibacterial qualities. This new source of demand is estimated to be in the hundreds of thousands of tons.

All of this bullishness for the industrial metal has many analysts upping their price targets for copper for 2011. Macquarie estimates that copper throughout the year will average $11,025 a metric ton, a 32% increase on its previous estimate. Morgan Stanley also increased its price targets for the metal through 2015. Analysts there predict prices will average $4.45 a pound in 2011. (Ore in the ground).

Copper prices are currently trading at around $9,350 a tonne (£5,647)

Bottom line

While gold and silver get all the attention, the long-term base metals rally chugs on with copper as the star of the show. Despite the run up in copper prices throughout 2010, the metal will undergo a major supply-demand deficit going forward.

With improvements in global infrastructure increasing at a rapid pace, investors should consider adding some copper exposure to their portfolios.

Business seller information

Returns policy

Return policy details
Returns accepted
Most purchases from business sellers are protected by the Consumer Contract Regulations 2013 which give you the right to cancel the purchase within 14 days after the day you receive the item. Find out more about your rights as a buyer - opens in a new window or tab and exceptions - opens in a new window or tab.

Questions and answers about this item

No questions or answers have been posted about this item.


Submit bid

Time left:
Current bid:
(Approximately ##1##)
Import charges:
Your maximum bid:
Your maximum bid:
Please read the full listing. By clicking Confirm bid you commit to buy this item from the seller if you are the winning bidder. You will enter a binding contract.
By clicking Confirm bid, you are committing to buy this item from the seller if you are the winning bidder and have read and agree to the Global Shipping Programme terms and conditions - opens in a new window or tab. Import charges previously quoted are subject to change if you increase you maximum bid amount.
Resume bidding, if the page does not update immediately.
Submit bid
Review and confirm your bid
Bid confirmation
Free P&P
See item description
(Approximately ##1##)
(Enter ##1## or more)
(Enter more than ##1##)
Your maximum bid:
Increase maximum bid
Submit bid
Confirm bid
Increase maximum bid
Change bid
, you've been outbid. Don't let it get away - bid again.
, you're the highest bidder on this item. Hope you win it.
, you're the first bidder. Hope you win.
, you're currently the high bidder, but you're close to getting outbid.
, this auction is almost over and you're currently the high bidder.
, you're the high bidder, but the reserve price hasn't been met.
Please enter your bid again.
Please enter a valid number as the bid price.
Enter an amount that is equal or greater than the minimum bid required. This can be found under the bid entry box.
Maximum bids can't be lowered once they're submitted.
This seller requires the buyer to have a PayPal account to purchase this item. Get a PayPal account here .
Your bid is greater than or equal to the Buy it now price. We recommend you purchase this item via Buy it now. If you still wish to bid, you may do so below.
Time left:
Current bid:
(approximately ##1##)
Your maximum bid:
(approximately ##1##)
Increase your maximum bid:
By clicking 1 Click Bid, you are agreeing to buy this item from the seller if you're the winning bidder. Learn moreabout 1-click bid - opens in a new window or tab
(approximately ##1##)
Winning bid:
Starting bid:
Congratulations The auction has ended and you're the winner.
The auction has ended, but the reserve price was not met.
Sorry, the auction has ended and you were outbid.
Good news, you're the highest bidder.
Sorry, you've been outbid.
You're the highest bidder, but the reserve price has not been met.
Please enter a higher amount than the current bid.
Maximum bids cannot be lowered once submitted.
Please enter a valid number.
This is a private listing and your identity will not be disclosed to anyone except the seller.