Copper bullion coins like the Morgan design contain pure copper, a metal that’s seeing extraordinary growth and interest around the world. As far as an investment, copper bullion is an inexpensive option for the entire range of investors. Copper is in fact a common industrial metal known for its usefulness as a great conductor of heat and electricity. It’s also available in copper bullion coins and bars.
Continue reading for some quick facts, investment insight and a brief history of the Morgan design 1 oz copper bullion coin.
Morgan Design Copper Bullion Coin - Quick Facts and Brief History
|Weights / Denominations||1 Avoirdupois Ounce|
|Front Design||The Morgan's obverse design is a copy of the popular Morgan Silver Dollar designed in 1878. Designed by George T. Morgan of the U.S. Mint, the modern Morgan copper bullion coin depicts an American version of the ancient goddess of Liberty.|
|Rear Design||The reverse design of the Morgan copper bullion coins is a an original design featuring a shield with "USA" stamped in the middle and "One AVDP Ounce" and the year of mintage stamped across the bottom.|
|Brief History||Morgan design copper bullion coins have a brief history indeed. Copper coins, however, have been around for centuries. During the Industrial Revolution and in modern times, copper has become a highly valuable metal for its wide array of uses. Copper bullion coins like the Morgan design are weighted in avoirdupois (AVDP) ounces, a French term meaning "goods of weight" and a common unit of measure in the precious metals market. Precious metals like gold and silver are measured in troy ounces. One AVDP pound equals 16 AVDP ounces.|
|Why Buy?||Copper bullion coins like the Morgan design are an inexpensive investment option. Many Americans scrap copper wiring for a healthy profit. Copper itself has seen explosive demand growth in China, among other places. Some investors also buy copper bullion and other commodities as hedge against inflation.|
|Copper Bullion Content||1 Avoirdupois Ounce (1 AVDP)|
1 AVDP Ounce Morgan Design Copper bullion coin
Copper bullion coins like the Buffalo design are one of many ways you can invest in commodity metals. Considering the current outlook, copper is poised to grow considerably over the next few years. To learn more about or find Buffalo design copper bullion coins for sale, check Provident Metals for availability and cost today.