There are many ways for metals investors to get their hands on different products. With copper prices surging in the 21st century, an overlooked source of copper to purchase comes in the form of historic US pennies. The United States has issued pennies with copper content since 1793. Now you have the chance to purchase Wheat Pennies in a 1 Pound Mixed Bag from APR 57.
- Coins arrive inside of a labeled plastic bag!
- Contains 1 Pound of Wheat Pennies!
- Wheat Penny produced from 1909 to 1958!
- Each coin contains 95% copper content.
- Issued individual face values of $.01 (USD) by the United States.
- President Abraham Lincoln is on the obverse.
- The famed Wheat Penny design is on the reverse.
- May contain 1910’s, 1920’s, 1930’s, S’s, and Steel Pennies.
The one-cent coin has a rich history in the United States. While the first gold coins from the US Mint didnt debut until 1794, the copper penny was issued by the US Mint one year earlier and just one year after its founding. The original pennies looked nothing like the penny youll find in your pockets today.
From 1793 to 1795, pennies weighed a massive 13.48 Grams and contained nearly 100% copper content. From 1795 to 1857, the coins shrunk slightly to 10.89 Grams and still contained nearly 100% copper content. By 1909 when the Wheat Penny debuted from the US mint, the weight had shrunk to 3.11 Grams and contained a mixture of 95% copper and 5% tin and zinc combined.
On the obverse of Wheat Pennies is a design of President Abraham Lincoln in left-profile portrait. This was designed by Victor David Brennan and depicted the 16th Commander-in-Chief without his stovepipe cap, but with his traditional long beard off his chin.
The reverse of Wheat Pennies includes the engraving of the nation of issue and the face value of the coins in the center, both of which are flanked by curved wheat stalks. The coins got their name as a result of the design element on this side of the coins.
In this APR 57 listing, you can purchase a one-pound bag of Wheat Pennies. The vast majority of Wheat Pennies contained 95% copper content. There was a brief three-year period that began in 1943 during which the United States Mint was permitted to alter the copper and tin content of the coins so that those metals could be redirected to the war effort for World War II. 1943 saw the introduction of steel Wheat Pennies with a zinc coating. The most common date marks for remaining Wheat Pennies come from the 1940s and 1950s.
We encourage APR 57 customers to call us at 212-246-2000 with questions. You can also reach out to us online using our live chat and email address features.
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