Penny Cost 2012 Boosts Copper Penny Investing
With an exponential growth of public awareness surrounding the high cost of minting the U.S. penny (see chart below), the U.S. copper penny investing market has boomed.
U.S. copper pennies (made of 95% copper and 5% zinc) were minted mid-1982 and before. The copper metal value of the copper penny means that not only will the coin never be worth less than one cent (face value of a penny), the physical real metal value of the coin is worth about 2.5 cents and growing.
As more people have come to the realization of the value in copper pennies, demand for copper pennies is on the rise and continues to prosper. When investing in large sums of copper pennies, the added copper metal value makes for huge gains as the leading and most popular base metal in the world.
Since U.S. law makes it illegal to melt down copper pennies, this copper investment sells under copper spot price, making it much cheaper to take position in the commodities copper market than alternatives like copper bars and copper rounds while retaining the same long-term benefits.
The key fact about copper pennies: ‘They don’t make them anymore’ – supply can only go down while investors buy them up. Supply and demand economics suggest that since demand is rising and supply is falling, prices will inevitably rise as a result.
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Invest in Copper Pennies