COPPER
Symbol: CU Atomic # 29 Atomic Mass 63.5460 Melting Point 1083.0° C Boiling Point 2567.0° C
We SELL all of the above pictured Bullion COPPER Bars and Rounds and some NEW ones not currently pictured.
SO WHY BUY COPPER?
Copper Bullion Rounds and Bars are an inexpensive investment option. Copper has an attractive eye appeal (LOOKS GOOD) and has seen explosive demand growth from investors worldwide as another commodity money that could have a possible hedge against inflation. It can be a great investment as well as it makes a wonderful gift (FEELS GOOD) or a beautiful addition as a collector's item.
Many now think pure .999 fine COPPER Coins and Bars may soon become one of the daily currencies (REAL Money) of choice for small transactions, replacing inflated FIAT paper dollars created out of thin air with numbers stamped on them. METALS vs PAPER???
We have in stock or can order a variety of sizes and beautiful designs in .999 fine pure COPPER:
10 lb (160 oz) AV Copper Bars
5 lb (80 oz) AV Copper Bars
1 Kilo (2.2 AV) lbs or (35.2 oz) AV Copper Bars
1 lb (16 oz) AV Copper Bars
½ lb (8 oz) AV Copper Bars
1 oz AV Copper Rounds and beautiful NEW 2012 dated Copper Bars
¼ oz AV Copper Rounds
These can be purchased as singles or the 1 and ¼ oz Rounds can be purchased by the Mix or Match Rolls of 20 or 25 respectfully.
Prices can change, so call or email to lock a firm commitment purchase.
Copper (the RED METAL) is one of the most versatile and durable metals on Earth and has been used by man for 10,000 years. It is an efficient conductor of electricity. It is flexible and strong and doesn't corrode easily. It is used in nearly every major industry of the world: transportation accounts for 13% of annual usage, engineering, machinery and equipment account for 12%, electrical and electronic products account for 25%, building and construction account for 40%, and consumer and general usage accounts for the remaining 10%.
Did you know that in 2009, about 15,800,000 metric tons of Copper were mined worldwide (leaving estimated reserves of 540,000,000 metric tons). In 2009, about 21,400 metric tons of Silver were mines worldwide (leaving estimated reserves of 400,000 metric tons). So that's about 738 ounces of Copper mined for every 1 ounce of Silver (assuming TROY ounces are used for both). That means there are estimated to be 1,350 ounces of Copper reserves for every 1 ounce of Silver reserves. That gives us worldwide about 34 years worth of Copper reserves and about 18 years of Silver reserves. This data comes from the United States Mineral Commodity Summaries for 2010.
Currently, Japan consumes about 26.5 lbs of Copper per capita. North America consumes just over 22 lbs per capita and Europe just under 20 lbs per capita. However, the massive populations in China, India, Eastern Europe and South America (over 5 Billion people) are all still consuming less than 4.5 lbs per capita.
What will happen to the Copper price when the these developing nations demand 5 to 6 times more per capita? It will probably explode in price (BULLISH). Plus due to the fact that there has not been a new significant mine discovery in nearly 100 years. Demand (consumption) is constantly exceeding (last 4 years) known Supply sources of Copper and the question of perhaps Aluminum replacing Copper is not likely. Both metals are needed in developing nations around the world and if you look at the Aluminum charts you will see it is going up along with all the other base metals and the rest of the commodities group. Base Metals could percentage wise grow faster than the Precious Metals.
Research the Base Metals for yourself, look for alternatives to the FIAT money system.
The Copper Bars that we BUY from our supplier and then offer for SELL are considered "Wrought Copper Bars" and range from C10100 to C11000 certified by professional and ISO certified companies. Wrought Copper is copper that has been cast and then rolled into plate and sheet, extruded tube, pipe, rod, bar and forged blanks (not some scrap melted COPPER wiring or plumbing pipe that has been poured with other alloys still in it).
United States COPPER coin (.01 Cent) FACTS ~~ PURE COPPER WEIGHT
It takes Pre 1982 uncirculated (NO WEAR) U.S. Lincoln Cents 1909 -1981 (except the 1943 P-D-S which were made of a Zinc Coated Steel): 1982 had the change in the composition and you have to weigh each coin to determine the Copper / Zinc mixture.
Copper being a Base Metal its normal to weigh it by using Avoidupois (AVDP or AV) pounds (16oz) or 453.59237 grams (g)
Total weight of pre 1982 Cent is 3.11 grams of which 95% is pure Copper and 5% is pure Zinc. 3.11g * 95% = 2.9545 g pure Copper per coin.
Therefore, if you divide 453.59237 / 2.9545 = 153.52933322 or 154 pre 1982 Cents to equal 1 lb AV pure Copper or 153.525933322 / 16 = 9.59537083262 or a little more than 9 cents to equal 1 oz AV pure Copper
If you want to convert to Troy (t) weight change the math to 373.2417216 grams (g) = 1 Troy lb or 12 Troy ounces (31.1034768 g to 1 troy ounce), then take 373.2417216 / 2.9545 = 126.329910847 or 126 pre 1982 Cents to equal 1 lb Troy pure Copper or 126.329910847 / 12 = 10.5274932058 or a littler more than 10 cents to equal 1 oz Troy pure Copper.
10.5 cents = 1 Troy oz pure Copper
126 cents = 1 Troy lb (12oz) pure Copper
9.6 cents = 1 AV oz pure Copper
154 cents = 1 AV lb (16 oz) pure Copper
AND
It takes 1983 to Date uncirculated (NO WEAR) U.S. Lincoln Cents:
Total weight of 1983 to Date Cent is 2.5 grams of which 2.5% is pure Copper and 97.5% is pure Zinc. 2.5 * 2.5% = .0625g pure Copper per coin
Therefore, if you divide 453.59237 / .0625 = 7257.47792 or 7257 Cents to equal 1 AV lb pure Copper or 7257.47792 / 16 = 453.59237 or a little more than 453 Cents to equal 1 oz AV pure Copper
Troy weight convert 373.2417216 g / .0625 = 5971.8675456 or 5971 Cents to equal 1 Troy lb pure Copper or 5971.8675456 / 12 = 497.6556288 or a little more than 497 Cents to equal 1 Troy oz pure Copper
497 cents = 1 Troy oz pure Copper
5971 cents = 1 Troy lb (12 oz) pure Copper
453 cents = 1 AV oz pure Copper
7257 cents = 1 AV lb (16 oz) pure Copper
2011 Summary for NY Comex COPPER per AVDP lb Price
252 Trading Days
Beg Year Price 01-01-11 $4.4515
High Price 02-14-11 $4.6230
Low Price 10-20-11 $3.0545
2011 Average Daily Price $3.9847
End Year Price 12-31-11 $3.4315
Largest Day Gain 10-24-11 $0.2280
Largest Day Loss 09-22-11 -$0.2730
Loss for year 2011 -$1.0200
Trading Range Low to High $1.5685
Total history of COPPER found is est. 1.52 Billion + Metric Tones
The COPPER discovered to date, 56% is found in 4 countries on earth.
The top 10 COPPER producing countries based on 2009 mined metric tonnes from copper investing news were:
1. Chile - 5,320,000
2. USA - 1,310,000
3. Peru - 1,260,000
4. China - 960,000
5. Indonesia - 950,000
6. Australia - 900,000
7. Russia - 750,000
8. Zambia - 655,000
9. Canada - 580,000
10. Poland - 440,000
All COPPER discovered thus far would fit into a cube 602 yards on each side.
Additional info on COPPER:
http://en.wikipedia.org/wiki/Copper
www.copper.org/homepage.html
www.icsg.org
