30 Pounds of U.S. 95% Copper Pennies

30 pounds of 95% copper pennies (dated 1909-1982). These pennies have been sorted twice to remove unwanted zinc pennies. The bag of pennies may include wheat pennies as well as 98% copper Canadian cents. Face value: $43.80

Capital in the form of U.S. copper pennies will protect its purchasing power in a deflationary environment because the capital is denominated in U.S. currency. At the same time, the capital is protected, and will actually increase in value in an inflationary environment because the U.S. currency denominated value is backed by a copper hedge. In other words, the real value of the copper pennies increases in an inflationary environment along with the price of copper.

The bottom line is that there is a lower limit to any decrease in the value of the copper penny (it can not go lower than $0.01 as long as the U.S. currency remains viable). The upper limit to the value of the copper penny is tied to the market price of copper.

From a purchasing power perspective, holding copper U.S. pennies is safer and smarter than holding paper Federal Reserve Notes! The government can print paper Federal Reserve Notes or create digital representations of such with ease. They can't create copper out of thin air! That's why they no longer mint 95% copper pennies. In light of the inflation vs. deflation debate, copper pennies keeps you in U.S. dollars (deflation proof) with a copper (inflation proof) hedge should inflation get out of hand. This is a truly unique opportunity.

At the time of this auction (24 Nov 2009) the metal value of a U.S. copper penny is $0.0205551. This represents a value of 205.55% of the $0.01 face value.

For additional information visit http://www.coinflation.com