I don't know. If all the people in the world agree that copper is a precious metal, then copper will be a precious metal. But if all the people on the planet agree that we are immortal, will we be immortal?
!HUG
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Lets agree (at least) that copper is very important metal ... irreplaceable; its price has increased due to technical processes nowadays. But of course everything is relative - and comparing to noble silver and gold, copper could not be considered a precious metal.
Maybe important is a better way to describe copper than precious.
It's all in the perception right.