RWMM copper round

Copper (Cu)

Regular price $1.99 Sale

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Copper Round - one AVDP ounce - .999 bullion

 

Copper has been used by civilizations for thousands of years. It's name is derived from cyprium (or metal of Cyprus). Copper has innumerable industrial uses and a long history of monetary use dating back to the bronze coinage used in ancient Rome. During World War II, copper was so important to the war effort that pennies were made of steel. As the copper in a penny became worth more than a penny the U.S. Mint began making pennies mostly from zinc in 1982. It has been estimated that economically viable reserves of copper may become depleted in as few as 25 years. Though copper is not expensive, there have been attempts to manipulate its market for large profits including the Sumitoto copper affair in 1995 and more recently the Wall Street Journal has reported on attempts to corner the copper market (see below links) akin to what the Hunt brothers did in 1980 with silver and what Warren Buffett was thought to have attempted in the late 1990s. Physical ownership of copper bullion has become a more popular investment strategy in recent years.

Our copper rounds weigh at least one AVDP ounce and are 99.9% pure. They contain this information as well as the chemical symbol (Cu), our logo, and a map depicting our realm which, though vast and diverse, is one of limited resources. If you'd like to purchase more copper rounds for a better per unit price, please see our 20 ounce pack.

If you are not completely satisfied with any purchase from us, you have 30 days to return it for a full refund (buyer to pay return shipping). Domestic shipping is free for all orders over $99 (enter code free shipping at checkout). For orders of $99 or under, domestic shipping is $9.95. International shipping is via DHL, FedEx, or USPS international express and costs $45 for shipments up to a pound (9 one ounce rounds or ingots or less including packaging materials) and $10 for each additional pound. International customers please be aware that your country may levy import duties and/or VAT taxes on your purchase from us. We have nothing to do with this and cannot pay it for you. If you refuse our package because of this extra cost we will take it back and will refund your order in full once received minus the cost of the return shipping. If you are unsure what these import costs will be please check with your country's customs office. 

  

http://en.wikipedia.org/wiki/Copper

http://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%27s_crust

http://www.zerohedge.com/news/2014-10-27/copper-surges-after-report-mysterious-london-buyer-has-cornered-90-market

http://www.wsj.com/articles/SB10001424052748704118504576034083436931412

 http://www.bloombergview.com/articles/2014-10-27/somebody-owns-a-lot-of-copper

https://www.bullionvault.com/gold-news/silver-buffett-hunts-032820146

http://minerals.usgs.gov/minerals/pubs/commodity/copper/

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