$75 [50+ lbs] in 1982 and earlier minted

Lincoln Head U.S. pennies

& equivalent with 95% copper composition.

Please follow up with us with any little treasures you find and we’ll include them in our future listings.

Take Advantage of the Savings Here

Lower selling costs are passed on to you.

This same lot fetches over $130 on the other site!

Offer available within the U.S. only. No foreign orders.

Today’s Melt Values at www.coinflation.com

Current Copper Statistics

These coins are guaranteed to be 1982 and earlier minted U.S. pennies & equivalent with 95% copper composition.

We are Niagara Mint located in Western New York near a large point of entry to and from our neighbors to the North. Canadian pennies are very common here and pretty much accepted interchangeably albeit a little grudgingly with pride. More importantly though, they are very similar in copper composition to our own Lincoln pennies, and therefore, there will certainly be some mixed in. Less than 5% in our estimation. But, it's the bulk copper bullion we're interested in anyway.

We’ve scoured through literally tons of pennies for our clients. The coins are sorted and harvested electronically and magnetically at high speed under several passes to ensure 99.99% accuracy. In fact, these Canadian pennies are so similar that their magnetic properties signature is virtually indistinguishable from the Lincoln pennies... therefore equivalent.

Coins will be packaged loose in tamper-proof sealed clear durable currency bags with serial numbers for security and your visual inspection. Shipped via U.S. Priority Mail & Delivery confirmation

The U.S. Postal Service offers several shipping benefits:

• Best value via Flat Rate Shipping

• Often fastest delivery [2-3 days nationwide & weekends are working days too]

• The sanctity of U.S. Mail is backed & protected by the United States Government

Shipments over $250 will require a signature with ID

Why Copper?

Gold and Silver originally were the currency throughout history. As the world has transitioned to a paper currency with no real inherent value, the paper’s value lies only in the public’s confidence that it will buy what they want it to buy tomorrow. If the public loses confidence in that trust, (sound familiar?) or, if the Federal Reserve continues to just print more paper money, (sound familiar?) the value diminishes (supply and demand). Then, we typically turn to the traditional hard stuff, gold and silver, which do have inherent value and cannot be manufactured out of thin air.

Copper is an important metal, too, but not because it doubles as a backup currency. It’s important because it is used in many everyday applications such as electronics, electrical wiring, It is a very good electrical and heat conductor for ever growing electronic devices, electrical wiring in construction projects as well as cookware for it’s heat conductive properties. it is resistive to corrosion and used in plumbing as well. Not too mention that it’s desirable in beautiful architecture. It’s even great at killing bacteria! Unfortunately, there are no other good natural substitutes for copper.

Don’t think of copper so much as a go to reserve for money. Rather, liken it more to crude oil. We need it, we consume it, and the consumption is only growing. It’s getting harder and harder to extract out of the ground and there are no viable alternatives. And, the easily obtainable copper in the ground is running low in the foreseeable future. As we have to dig deeper, the more expensive the process, the more expensive the product. Additionally, as the world population grows so does the demand. Just like oil. Today we go miles beneath the ocean surface to the ocean floor in order to start drilling miles further to reach the oil. We’re now also trying to extract oil from sand and shale which we historically didn’t bother with because it was way too expensive that way! Not any more, right? Gotta have the oil… and the copper.

Reference this wiki page, particularly the Production and Applications sections:

http://en.wikipedia.org/wiki/Copper

EVERYONE CAN AFFORD TO INVEST IN COPPER PENNIES

Copper is currently valued well over $3 per pound and is relatively very inexpensive compared to gold (over $1700 per ounce) or silver (over $30 per ounce). A smaller move in the price of copper is a larger percentage of change in value. There will, undoubtedly, be fluctuations in the value of copper, but who believes copper will only get cheaper in the long run?

These pennies are desirable for their copper content and at below the market value price of the copper? How? Because of the conundrum that pennies are acquired at the value of the penny, NOT the metal content. Personally, we think it might be worth it to hold all pennies and not just the copper based ones, but that’s another auction. Now, not all pennies in circulation are the ‘right’ pennies with the desirable copper content. We do all the work in scouring through literally tons of pennies, separating and harvesting the ones with the copper in them. Since we acquire them well below copper market value, we can sell them below copper market value and everyone wins. Catch? one. In 2007 the U.S. Treasury Department was already concerned about this very opportunity. Citing this very reason, it passed a regulation making it illegal in the U.S. to melt the coins down for the copper or to export them to another country (where it wouldn’t be illegal.) However, we’ve all heard the reports that congress is considering eliminating the penny altogether. It’s only a matter of time…

Risk? One, There’s no guarantee the market value of copper won’t fall dramatically. BUT, the investment can never be worth less than the pennies! And, again, currently (Dec ’11) these pennies are worth OVER 2¢ each just in raw materials! Consider this… everything, every single thing we buy in the supermarket, hardware store, restaurant and our heating & electricity at home, gold, silver and copper(see charts above).. EVERYTHING is up and WAY up. How likely is it that everything drops? Even during the great recession, consumers bought much less and even this shrinkage of demand drove prices down to pre-recession levels. So even nearly the worst case scenario didn’t drive prices down, when the economy starts getting stronger will you be on the ground floor?

It’s only a matter of time…

and that means melt down time!

http://en.wikipedia.org/wiki/Penny_debate_in_the_United_States

Returns must be in all original packaging with the tamper proof bag seals intact.