Historically, copper was a vital means of trade. In the Ancient and Classical Era, copper bullion bars were used to store wealth and facilitate trade. Eventually, copper was adopted in the production of circulation currency. In fact, American pennies featured 95% copper in the metallic alloy of the coins until 1982. Today, the most common forms of copper traded in the precious metals market are copper bars and rounds. However, there are other options available to buyers.
For the investor or collector looking for innovative options when buying copper, copper bullets offer a whimsical option that is suitable for display or as a form of investment. Copper bullets feature .999 purity for the copper in the product and come in a variety of shapes and sizes. These include, but are not limited to designs such as:
While these bullets are not functional ammunition, they do offer a fun option for 2nd Amendment enthusiasts, supporters of the military, and history buffs looking to invest in copper.
From its very founding in 1792, the United States Mint employed copper in the production of numerous denominations of American currency. Few of these were as numerous and popular as the US penny. The specifications and designs of US pennies have changed a few times throughout the course of American history, with the following representing a basic timeline for American copper pennies:
As of October 1982, the Lincoln Penny remains the primary obverse design concept of the US Penny. However, the volume of copper is now minuscule within the penny as the US Mint shifted to a copper-plated zinc alloy that consists of 97.5% zinc and just 2.5% copper, with an overall weight of 2.5 Grams.
Please feel free to reach out to Provident Metals if you have any questions about other copper bullion. You can reach us on the phone at 800-313-3315, chat with us online, or email us directly with your inquiries.