It is illegal to melt the penny or export the penny. This is because the United States government knows the value of the copper penny exceeds the face value and, if legal, would be melted down, causing a shortage of pennies in the currency market. The result would be a need to mint more pennies, which currently costs 2.41 cents to create as of 2012. But most important, this is the best news possible for copper penny investor buyers.

Illegal to melt may intrigue people as to how it is the best news and how they can get the value out of their copper penny if they can’t actually turn the copper penny into copper. To answer this, one may simply point to gold coins and silver coins. Gold and silver coins are traded above market price without ever being melted down. This is because of a number of factors, but the most important factor is Market recognition.
 
 

Market Recognition

If you see a silver bar, how do you know the purity and if it is not fraudulent? You’d have to be able to conduct tests, which the average consumer does not have the tools necessary to accomplish or desire to learn how. This means the ability to recognize the silver bar as being what it actually is may be difficult for the average person making the general market recognition poor.

A coin minted by the U.S. Mint is easily recognized as such based on its size, weight, and design on the front and back. The content of the coin can be determined by reading the year the coin was minted. Even if a consumer does not know what years are silver, there are hundreds of sources for a consumer to look up the date based on the coin denomination and model to verify its silver content (if any). You will also know the quality (purity) of the coin is correct as the U.S. mint is required to create coins consistently.

Market recognition means consumers can easily determine the value and purity of the coin making coins an ideal metal trading medium and a very high value market recognition item. This is the same for copper pennies as they are also easily recognized as a penny with a date to very the metal make of the coin.

Advantages: Illegal to Melt

Back to the conversation on why being illegal to melt pennies is the best news for copper penny investor buyers. Being illegal to melt makes the current trading price of copper pennies below copper market price. This means you can pay less money for a coin that is intrinsically worth more money. Yes, you cannot get your money back right away. But you’re reading this because you want to know how to preserve your hard earned money which means you aren’t looking for an exit strategy immediately.

Even if you needed an exit strategy, copper penny sellers will buy your copper pennies or you can always trade on the general market as there are a number of people that do buy copper pennies. Though the real facts here are that you are looking to preserve your wealth and make a significant amount of money in the long-run based on a unique commodities market opportunity, not just turn a quick buck. So exit strategies are obvious once it is legal to melt and you can fully capitalize on your copper penny investment.

And let’s not forget, a copper penny is a penny which is worth one cent. That means, unlike the stock market, you have a base floor value of your copper investment that your copper pennies cannot fall below.

Why Invest in Copper Pennies

So why buy copper pennies now, while it is illegal to melt? Because no one is going to sell you copper pennies below copper price once it is legal to melt. This is true not just when it is legal to melt, but as soon as it becomes publicly known that copper pennies have a end time line (ie: eliminated as a currency which is being discussed in Congress).
 

It is either now or never. So take your pick, do your research, and find out if copper pennies is the right investment for you to break into the copper commodities market below copper price. Beat out everyone else to a niche market. After all, in the 1970s, silver coins were in the exact same situation (metal value beginning to exceed their face value). Now, a silver coin is worth over 2000% of its face value. Back then, it was a new niche market. If the saying goes of “History repeats” then you know you’re in for a great deal when buying copper pennies below copper market price.

If you have specific needs, or want to contact us to discuss large-scale copper penny investments, feel welcome to contact us at (302) 265-3677 or email us at coincollectingenterprises@gmail.com

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