06/15/2024 05:19:08 PM
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Other Copper Bullion

Other Copper Bullion at Provident Metals

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.

Copper Bullets

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:

  • .45 Caliber Copper Bullets (1 Troy oz)
  • .308 Caliber Copper Bullets (2 Troy oz)
  • 12 Gauge Copper Bullets (5 Troy oz)
  • .50 Caliber Copper Bullets (8 Troy oz)
  • Autocannon Copper Bullets (1 Kilogram)

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.

Copper Pennies

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:

  • 1793-1795: Flowing Hair and Liberty Cap Pennies featured 100% copper content
  • 1795-1856: Liberty Cap, Draped Bust, Classic Head, Coronet, and Braided Hair Pennies also featured 100% copper, but the overall weight of the coins dropped from 13.48 Grams to 10.89 Grams.
  • 1856-1864: New small cent pennies debuted with the Flying Eagle and Indian Head Pennies with 88% copper and a weight of 4.67 Grams.
  • 1864-1942: Indian Head and Lincoln Pennies were issued with 95% copper and a weight of 3.11 Grams.
  • 1943: During World War II, the Mint removed all copper from the Lincoln Penny to redirect to the war effort.
  • 1944-1982: The Lincoln Penny returned to 95% copper and a weight of 3.11 Grams.

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.

Buy Copper Bullion from Provident Metals

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.