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Metal Composition of a Coin

In Copper Pennies by copper pennies1 Comment

Metal Composition of Coin     What does Composition of a coin mean   The composition of a coin means what material was used in physically creating the coin. Though a coin could be made of many materials, most world coins are made of various different types of metal. Copper, zinc, and steel are very common examples of metal used …

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Sealed Unsearched Penny Bags

In Penny Bags by copper pennies2 Comments

Penny Bags       Sealed penny bags from banks are great ways to search for rare coins and also collect copper pennies while you sort through them. Save the hassle of begging banks to give you penny bags, or worst yet, cracking open penny rolls from penny boxes. Getting penny bags from banks to sort for rare pennies and …

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Pennies Per Pound

In Copper Pennies by copper pennies1 Comment

Pennies Per Pound   The amount of pennies per pound can vary due to pennies having different metal content based on the year the penny was made. If you want pennies per pound in either all zinc penny amounts or all copper penny amounts then the chart below illustrates the number of pennies per pound for you. If you want …

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Nickels Composition Change to Steel Nickels

In Nickels by copper pennies6 Comments

Steel Nickels Are Nickels Made of Nickel Surprise! Nickels are actually made mostly of copper. The metal composition of a nickel is 75% copper and 25% nickel. So a nickel is made of some nickel, but mostly, a nickel is made of copper. Nickel Legislation Change   Say, “Goodbye!” to the Copper Nickel.     And, “Hello!” to the Steel …

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Penny Composition Change to Steel Pennies

In Copper Pennies by copper pennies2 Comments

Steel Pennies     Penny Legislation Change   Say, “Goodbye!” to the Zinc Penny.     And, “Hello!” to the Steel Penny.     It’s 1943 all over again, except instead of a copper shortage, it’s a copper affordability shortage.       UPDATE FOR PENNY AND NICKEL METAL COMPOSITION: COIN MODERNIZATION ACT 2010 REPORTS 2012       December …

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Nickels

In Nickels by copper pennies10 Comments

Copper Nickels       Nickels. The runner up coin to the copper penny or underdog fighter with quite a punch? Copper pennies mathematically are worth more than nickels in copper content compared to face value (from an investing point of view), but the nickel has a rather intriguing investment benefit the penny cannot do. The nickel is worth five …

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Pennies

In Copper Pennies by copper pennies1 Comment

Copper Pennies       Pennies. We see them casually on the ground, discarded, lonely, and we walk right by. We see them in “take a penny, leave a penny” trays at cash registers. Pennies are price advertising gimmicks when we see something priced $9.99 rather than $10.00, because the one single penny makes the price look cheaper. They are …

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Why do People Buy Copper Pennies

In Copper Pennies by copper pennies4 Comments

Why do People Buy Copper Pennies   Six reasons to buy copper pennies   1. Copper is useful   Copper is a highly desired industrial commodity useful in society. Learn more about what makes copper valuable.     2. The penny is easily recognized   The copper penny is a widely known and easily recognizable. This means that when you …

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United States National Debt

In The Money System by copper pennies0 Comments

The National Debt   of the United States       Total National Debt   The national debt of the United States has reached numbers that are overwhelmingly hard to fathom:   As of Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding 10/12/2011 10,138,026,553,418.93 4,730,191,743,007.12 14,868,218,296,426.05       Taking a step back from actual total dollar …

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Inflation

In Investment, The Money System by Copper Investing2 Comments


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inflation   “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens” – John Maynard Keynes What is Inflation   Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every …