Is it possible to save a CFrame in a Value and use it to place an item in the correct location?

Here is a code example:

local copy = game.ServerStorage.CopyableItem:Clone()

copy.Parent = game.Workspace
copy.Name = "Example Copy"
copy.CFrame = CFrame.new() -- I want to use a CFrame stored in a value such as a string Value but don't know how.

I would really appreciate it if someone could help me out.