Hi Martin,
copper would be ok for any period, because when a sword was brandnew it was intended as a weapon, primary. (At least during pre-Edo Period!)
A copper habaki was the choice of the swordsman, no thrills
I guess we all like to see a picture of the habaki in question?
There are other types of decoration as well:
- foil coating (gold, silver, shakudo)
- simple filemarks (nekogaki=cat scratching)
- decorative filing
- sukashi (moon, sun, kiku, sakura)
- takabori carving (dragons, flowers, karakusa etc.)
- two piece habaki
- habaki which follow a groove in the blade
Please do not forget: labor was very cheap during Edo period (and earlier), but a precious metal was very expensive. So a delicate goldfoil would add to the beauty and elegance without the enormous cost of a solid gold habaki. Anyway, today foiling is likely more expensive, because of the labour envolved.
With Showa Period you find some not traditional metals: habaki made of alluminium or brass (the western alloy, most likely not the sentoku=to brittle).
Greetings