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©GoldWhy.com
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To the left is a 25 dollar box of pennies that I got from my local Wells Fargo bank. As you may know
by now, I'm a huge fan of copper bullion and especially
pre-1982 copper pennies.
In fact, I'm talking about copper these days almost as much as gold and silver. Why do
I like copper so much? There are many reasons but the main one is the allure of risk free gains. You
heard me right! Due to inflation and increasing global demand, pre-1982 copper pennies are worth about two
cents each. However, it only costs you one cent to acquire each of them if you buy them in bulk from the bank.
You get immediate risk free gains because you can always return your pennies to the bank for face value.
There are few opportunities in this world to achieve risk free gains of one hundred percent.
The Catch!
There is a catch. Actually, I should probably say a few catches. Be certain to consult
with your own attorney, but based on my research I have learned two important facts. First, you cannot
export pennies in bulk from the US. If you hoard copper pennies, keep them in your house within the US.
Second, you cannot melt copper pennies. This is not legal and you can hold your pennies for their
investment value, but you cannot melt them. Is it still worth collecting copper pennies? Absolutely!
There is a strong demand of copper penny buyers on eBay. Many of these eBay buyers are willing to pay close to
two cents per penny, the current metal value. Long term, as copper pennies become more and more rare
(and eventually leave circulation completely), there will be an even larger market for them.
Buying Boxes of Pennies
©GoldWhy.com
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I have written about this in my article about
25 dollar boxes of pennies
and the main point of this page is to display some images of what the boxes of pennies look like. However,
there are two main points I want to stress. First, each box from my experience contains about 20 percent copper
bullion pennies and about 80 percent zinc pennies. You will need to sort through the boxes either manually or
with a Ryedale Coin Artist. Don't have time to sort through them now?
Definitely don't let this stop you. It's my firm belief that this opportunity will not last forever. I'm personally
stocking up on 25 dollar boxes of pennies without sorting through them. When I have more time, I will sort them.
My main goal now is to make sure I don't miss out on this opportunity. Second, it can get a little intimidating
going to the bank to buy 25 dollar boxes of pennies for many people. My suggestion is to take it easy! There's no
reason to be intimidated. Also, to make the situation as easy as possible, you may want to call the bank ahead of
time to make sure they have 25 dollar boxes of pennies in stock. If not, you can place an order. If you are going
to buy more than one box, always call ahead because banks will often not have more than one or two of
these boxes in stock. I hope you enjoy these images of one of my "bricks" of pennies. It's fun stocking
up on them because I know there are hidden treasures in each box! Want to learn more about pennies? I recommend
checking out Pennies.me, a new site dedicated to pennies.
Buy Copper Pennies on eBay
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