I am offering $10.00 face value bags of these coins from now until I cannot get my hands on them any more. These $10.00 bags are 100% 1982 and older US (95% Copper) Pennies (The 1982 Zinc Pennies have been removed you get only Copper) or 1979 and older Canadian Pennies. Go to your local bank, and buy a roll of Pennies. Open it up and see how many of the pennies date 1982 or older. On average, and I’ve been keeping track, you will find around 14 copper cents or about 28% of the roll. These coins are falling out of circulation just like 1964 and older Silver coins did in the 1970’s. These $10.00 bags of Pennies are already sorted for you. You may choose to rummage through them for oddities, mistrikes, mint marks, etc., as I have not.
At around $3.75 a pound, copper is moving right along in value with the rest of the metals. If you look around on Online Auction sites you can find Gold Bullion Bars for right around spot price, you can find Silver Bullion Bars for right around spot price, but what happens when you get to COPPER? Copper bars are priced outrageously high.
Today I see a 27 ounce copper bar with a selling price of $19.02 plus $7.50 s/h! Lets work that out…..
27 ounces / 16 ounces per pound = 1.6875 pounds of copper
$26.52 purchase price / 1.6875 pounds = $15.72 per pound!
Why pay $15.00, $16.00, or more for a commodity that sells on the open market for right around $3.75? People are paying these amounts and hiding the copper away because copper is becoming more and more scarce and is in HIGH demand not only here in the US but oversees as well.
A $10.00 Bag of Copper Cents Contains:
6.5136 pounds of Copper
0.3428 pounds of Zinc
What is the metal value of a $10.00 Bag of Copper Cents?
FIND OUT HERE!
Now Pennies can get heavy and you have to figure S/H costs into your investment. A helpful hint is this…. I can ship (And they will fit) up to 70lbs. of Pennies in a US Priority Flat Rate Box for less than $10.00. With the weight of one of these bags being about 6.9 pounds that means you can get $100.00 of Pennies shipped for less than $10.00.
You will pay the actual shipping price for these coins which will include a Delivery Confirmation Number. I am selling these $10 bags for $17.00 compare that to the spot price.
Payment will have to be by US Postal Money Order or I can accept VISA or Mastercard as payment through Paypal.
Shipment of coins will occur within 1 week of funds being secured, and can be to US addresses only.