How to make money selling copper pennies

By: aff Date: 14.06.2017

Coin Collecting Enterprises — - Buy Copper Pennies by the 20 ton bullion truckload. In Copper Pennies , Investment by copper pennies January 14, There are many articles written on this site about copper pennies, copper nickels, copper in general, and more. Here is a link to a handy page on our site which will open a new window in your browser and show pricing examples: Ebay Copper Penny Auctions.

Now that you have an idea of pricing possibilities, here is how to make money off of copper pennies:. Small, tiny little coins that appear worthless to the average person. Pennies are so under appreciated that they get tossed on the ground and people walk by without a second thought. This means that the actual physical weight of each individual penny makes that penny worth a weight value in metal. The metal value of copper for each penny makes the copper penny very valuable in large quantities.

Many countries have eliminated their lowest cent value. How does money become so high in cost to produce? Inflation and massive printing of currency is just a start of the problem. Copper pennies really hold a great value. This is because the United States dollar is heavily devalued. In fact, the dollar is so devalued, most people do not realize how much less purchasing power the dollar has since its inception. Sure, we buy things. We also import and export goods from an international.

But have you ever considered how inflation plays a role? Click the dollar devaluation chart on the left to enlarge it. Yes, the dollar was around before that in various forms. Purchasing power is simply the amount of real tangible goods a dollar can buy. The dollar is worth but a fraction of what it once was. If the dollar has become a fraction of what it once was, a penny is a fraction of the fraction.

So to summarize the point: This is why the penny is worth a lot.

If Laws Change, 'Penny Hoarders' Could Cash in on Thousands of Dollars - ABC News

Particularly gold, silver, and copper. That is one of the main points why copper pennies have become so valuable. Between commodity prices on the rise and the dollar on the fall, copper pennies have become very worthwhile. In fact, the worse inflation gets and more devalued the dollar becomes, the better the price outlook on copper pennies becomes. The more you have, the more the investment is worth. But what is considered a lot of pennies? Even ten pounds is a great way to start.

Of course, ten pounds of copper pennies is more of a starter package of an investment. Something is better than nothing. Eventually, you can work to build a huge stockpile. Though the life expectancy of the penny continuing to be minted is anticipated to not last too long. So invest in copper pennies while you still have time to get a head start on everyone else that did not buy any copper pennies.

Go at your own pace, at the amount that is right for you. Efficiency is king in the copper penny investing world. You need to find the most cost efficient manner for you that balances the amount of time spent getting your copper pennies, the cost involved in getting the copper pennies which includes the value of your time spent , and how happy you are with those figures.

For every individual, this figure is different.

What to do with copper pennies? | Coin Talk

Most people find it much more efficient and effective to simply buy copper pennies from us. For those that prefer to sort their own copper pennies, we offer an intermediate solution. You can buy sealed penny bags directly from our website to your door. These are the exact same penny bags we get and sort for copper bullion from.

Old Copper Pennies: Which Ones To Save & What They're Worth | The U.S. Coin Guide

The bank the penny bags come from may differ as our sourced coin comes from many different banks. We send the penny bags to you sealed, unsorted and unsearched so you never know what goodies could be inside. The real key to reiterate and focus on is time. Your time is valuable. Everyone is different and you must make sure you are maximizing your return for your time in how you value your time. No one else can determine this but we do offer an article below to assist with helping you monetize time.

Copper Penny Sorting versus Copper Penny Buying back to top. If you want to hedge against inflation. Commodities are a great way to make a profit while outpacing dollar value drops and rising inflationary trends.

Gold and silver are expensive. Copper pennies are cheap. All three are commodities. So why pay extra for a commodity when you can invest in real. Copper pennies are very durable tangible assets. Even if your house burnt down, your hundred dollar bills would burn up, but the copper pennies would survive. Perhaps a little blackened, but the copper would be intact. Holding onto copper pennies is a great way to secure your wealth in commodities while maintaining a security against failed currencies.

You can invest in. Great for the short run usually holds higher premiums. Medium to long-term holdings generally have much lower premiums, thus the price difference between forms of copper in addition to purity. The longer you hold onto your copper penny investment, the greater copper price should outpace inflation and the better your ROI return on investment will be. Copper spot price drives copper penny price, so holding onto copper pennies means you make money. Depending on how economic events unfold, there are other advantages to holding onto copper pennies to make money that most people do not think about.

One such event is currency failure and hyperinflation read more: It means that a new currency or multiple would be needed as a medium of exchange. What is a medium of exchange? Simply a well recognized and accepted concept used to make trade easier these days in the form of currency. In the past, objects ranging from gold, sticks, rocks, to even chocolate were used in various places throughout the world.

After all, currency is just simply the ability to sell something of value to buy something of value while being easily transferable from person to person. This is the alternative to having a barter economy. And if the Euro could collapse, who is to say the U. After all, the dollar is considered the world currency. This means that to trade in certain goods like crude oil countries must buy dollars rather than using their own currency.

Therefore, there is enough dollars printed to be utilized not just by people of the United States, but countries throughout the world. If the dollar is not used as a world currency, there would be world supply for dollars with only the demand of people in the United States plus those buying U. This would create a huge imbalance between supply and demand.

Basic economics would suggest the price of dollars would plummet. The demand for dollars would drop so suddenly, it could cause a huge devaluing spike in the value of the dollar, causing a potential attack by hyperinflation on our economy. To create stability in an economy, a new currency will have to be distributed at a fair ratio to replace the old currency for holders of the old currency.

how to make money selling copper pennies

If everyone else trades at a 1: Will copper pennies do that? Answers currently point towards copper pennies definitely helping with a big Yes.

Hyperinflation comes about from too much supply of currency read coins can defeat hyperinflation. Therefore, a reduction in supply of the new currency would be important.

This would get prices under control. Hindsight is 20, But having something useful to society is a great way to start. The key to wealth preservation is not always about making money.

Sometimes it is as simple as not losing as much money as everyone else.

how to make money selling copper pennies

So when the economy is in a slump, you should buy copper pennies because the copper penny investing cost will be lower. When the economy becomes bullish, copper prices tend to spike. Since copper pennies are essentially copper bullion as a copper investment, that means the price of investing in copper pennies rises with a rising copper price.

This can be seen with just about any commodity, one example being when the price of crude oil rises, so does gas price to fill up your car. When gas prices are high, a buyer pays more. The catch is so does the gas company which has to refill the oil tanks. For you, the catch with copper pennies as an investment is the other way around.

You buy your copper pennies ahead of time in large investment quantities when copper prices are low and bearish. Then the easiest hard part: Wait for the dollar to continue to get devalued.

how to make money selling copper pennies

Wait for the economy to pick up. Patience is difficult, but necessary. Multi-Ton Copper Pennies via Freight Shipping. Share your favorite page to social media or post a link to your favorite topic or page elsewhere on the web. Buy Copper Pennies Go to Store Copper Pennies Store Secure Your Wealth Make Money Today. Wheat Cents Store Secure Your Wealth Make Money Today. Bitcoin BTC Mining Secure Your Wealth Make Money Today.

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Copper Penny Bullion Investing How to Make Money off of Copper Pennies. Find pennies on the ground, sort for copper pennies yourself, or go the efficient route of buying copper pennies from us.

If you want to make money from copper pennies, your best bet is to make sure you have them. Buy copper pennies and you are on your way to making money from copper penny investing. In fact, anticipating economic disasters is a fact of necessity in the life of investing.

As a prudent investor to secure ones wealth, one must prepare for possible outcomes. One currency in the news these days on the possibility of failure is the Euro. When the economy gets tough, the tough should hoard their copper pennies. Copper is a very market economy-driven metal. In the long run, copper is a heavily demanded metal that pushes copper price above the devaluing of the dollar and inflationary effects on society.

But when any economy is bearish, copper tends to be bearish.

HOW 2 MAKE MONEY: Episode 2 COPPER PENNIES

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