April 26, 2024
10 pounds of 95% copper pennies (1959-1982) - Invest now while copper is cheap!
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This auction is for 10 pounds of copper pennies (from 1959-1981). That is almost $15.00 face value, and almost $40 in melt value!!! All of our pennies are professionally sorted and weighed so you know you're getting exactly what you expect! Get 6 pounds of these copper pennies for only $14.99 + $5.15 s/h (USPS Priority Mail) 6 pounds auctions = approximately $9 in face value and currently almost $24 in melt value!!! Why Should You Buy Copper Pennies? According to Gresham's Law, “bad money drives out good.” More exactly, if coins containing metal of different value have the same value as legal tender, the coins composed of the cheaper metal will be used for payment, while those made of more expensive metal will be hoarded or exported and thus tend to disappear from circulation. What does that exactly mean for you? Look at what happened to Silver, Gold, and other metals - their prices skyrocketed as demand rose. Today its too expensive to make pennies out of 95% copper, today, pennies are 97.5% Zinc and only 2.5% Copper. Is copper the silver of the 80's? Many people believe so, and in today's uncertain times, it is a great way to invest in a metal without paying the high price of Gold or Silver. Silver hovered around $4.00 an oz for many many years, and now its skyrocketed in price! Copper is expected to do the same. Spending
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