http://www.theglobeandmail.com/news/politics/ottawa-to-scrap-the-penny-this-year/article2386120/
Canada has offically stopped making the penny and will start pulling them from circulation in the fall of this year.
The U.S WILL be following soon! Buy copper pennies now before you miss your opportunity to double or triple your money.
IS change coming to pennies and nickels? I would say yes! In 2013 I believe there will be a composition change of some sort to U.S coinage.
http://news.coinupdate.com/obama-budget-seeks-increased-flexibility-for-coin-compositions-1217/
http://www.sacbee.com/2012/01/27/4220861/lawmaker-targets-coinage-costs.html
INVEST IN COPPER PENNIES WHILE YOU CAN!
Hey everyone,
Portland Mint www.portlandmint.com is having a facebook special. Once they reach 300 friends or 300 likes on the first post a random person will win a free $100 face value Copper Trade Unit! (68lb box) of copper!
Check them out!
http://www.facebook.com/pages/Portland-Mint/306259399409792?skip_nax_wizard=true
Hey everyone,
Everyone really needs to check out www.portlandmint.com.
Did you know that you can make thousands of dollars by buying copper pennies? Just look at this product https://portlandmint.com/shop/product.php?productid=4&cat=2&page=1 Yes, that is really 1 TON! (2000lbs) of U.S copper pennies. Currently The Portland Mint is selling them for $4898 but if you go to http://www.coinflation.com/coins/basemetal_calc.php and use the base metal calculator you will see they have a value of $$6,787.48! That means that you have the potential to make $1889.48 on every ton that you buy! That is a huge return on the value of your money almost instantly!
Hi everyone,
Check out www.portlandmint.com They really have it together and have a lot of great products!
So , is the “secret” out?! I guess many will try out penny hording now, but will then get out of it after they see that it takes a lot of work and dedication. This show has however made investing in copper pennies more legit than ever! Nobody can say that we are total freaks for hoarding pennies, or can they ?
This could easily happen with copper as well. Gold and Silver are sky high, get into copper instead while its still at a reasonable price. Investing in copper also protects yourself against the goverment printing up tons of money and in turn inflation going crazy. Look in your pocket and you can find copper!
It turns out that Canadian Pennies are really interesting as well. 1996 and before 98% Copper!
So if you happen to go north of the border you might want to try and get some.
Here is the breakdown:
1982
Here is our new FAQ , if you have a question that you would like answered just post it as a reply and we will answer it asap.
1.What is “Penny Hoarding”? The act of collecting mass ammounts of copper pennies.
2.How much is a 1983-2011 penny worth? Melt value is 0.0051203 (got that?) as of December 13 2011. So face value of 1 cent well above the material value. These pennies have a very low copper content and are mostly made of zinc.
3.How can I get a 50$ box of pennies from a bank? Go to a bank where you have an account and kindly ask the teller.
4.How much are pre-1982 pennies worth?” Wheat pennies” with wheat on the back instead of the lincon memorial are in general worth more than the copper content. Othe pre-1983 coins are worth melt value which changes according to the price of copper. At the moment December 12 2011 one penny is worth around $0.024 or almost 3 cents.
5.What is “Melt Value” ? This is the value of the raw materials in a penny, coin or other object if it were to be melted. At the moment it is illegal to melt US coins.
