1 Lbs .999 Fine Copper Bullion Bar 2011 (Mirror Finish)

Pricing & History
  • Sold for
    Start Free Trial or Sign In to see what it's worth.
  • Sold Date
  • Source eBay
1 Lbs .999 Fine Copper Bullion Bar Made In USA (Mirror Finish) This 1Lbs .999 Fine Copper Bullion Bar was made in the USA. This Bar has a Mirror Finish, and comes sealed in an air tight plastic package. Copper is in high demand whenever the construction, electronic, and automotive industries make changes or increase their production. Wars also add to the demand for copper due to the shell caseings are made with copper. Pennies have always been made from copper and in 1943 steel was used to save copper supplies for ammunition casings. In 1982 the feds realized that the cost of copper would out perform the dollar making the penny worth less than the weight of the copper. in 1983 the 95% copper used in pennies dropped to 3% to make the penny worth more than the metal that was used to produce the currency. The currency in the US used to be backed by gold now it is a fiat (backed by nothing) currency. It also used to be made with silver until 1964 then silver the Feds changed their currency that was backed by silver, to backed by nothing, leading to a tax that not even the best tax cheats could avoid. This is called Inflation and the feds get their 3% yearly, and those who own dollars pay this tax either by concent or by conquest. All fiat currency's do well in the beginning but eventually go back to their intrinsic value of nothing. read more