The value of a 1 oz copper coin can vary depending on several factors, including:
- The design and mint: Some designs or mints might be more desirable to collectors, leading to a slight increase in value.
- Current market price of copper: While the intrinsic value of the copper itself is relatively low compared to precious metals like gold or silver, fluctuations in the spot price of copper can impact the overall value of the coin.
- Quantity purchased: Dealers often offer discounts for purchasing higher quantities of copper coins.
- Method of payment: Some dealers might offer a slight discount for payments made via eCheck or wire transfer compared to credit card or PayPal payments.
- Condition of the coin: Coins in better condition, like brilliant uncirculated (BU), might be valued slightly higher.
Based on the provided information, the value of a 1 oz copper coin (round) typically ranges from under $1.50 to $7.95, depending on the factors mentioned above.
For example, a 1 oz copper round from [Hero Bullion] can be purchased for $2.29 with eCheck/Wire or $2.38 with a card. The price drops to $1.49 with a purchase of 500 or more, paid with eCheck/Wire. Meanwhile, a 1 oz Copper Morgan Dollar Coin is priced at $7.95 with card/PayPal, but can be purchased for as low as $5.03 with a large quantity and eCheck/Wire payment. Other copper rounds are priced around $2.39 at various dealers.
The current spot price of copper is $4.50 per pound or $0.31 per ounce, according to different sources. However, the retail value of copper coins is generally higher than the spot price due to manufacturing costs, dealer premiums, and potentially collectible value. Some dealers like [Money Metals Exchange] offer to buy copper rounds back at a price of $0.80 each.
It’s important to note that the collectible value of copper coins is generally lower than the value of coins made from precious metals. While some copper coins are marketed with terms like “collectible,” the primary drivers of their value are the copper content and associated production costs.
What is the 1 oz Aztec copper coin?
I can help with that. 1 oz Aztec copper bullion coin – .
The obverse of the coin depicts the Aztec calendar. In the middle ring of the original stone of the sun, which weighs 24 tons, 20 day signs are carved. It’s why this sculpture has sometimes been interpreted as a calendar stone.