Well, I suppose...
Before 1982, the US made copper cents (not pennies) that are basically 95% copper. Thereafter, they have made zinc cents that have a small amount of copper- basically a plating. In 1982, they made both types, easily distinguished by their weight; copper=3.11 gms vs zinc=2.5 gms.
Because of the increasing value of copper, the copper cents have been hoarded. The practice is somewhat reminiscent of the hoarding of pre-1965 silver coins.
Copper has sometimes reached values that make a cent worth more than a cent in melt value. In the US, it is
illegal to melt coins for their metal value.
Some "investors" believe that, eventually, the cent will be discontinued and no longer legal tender, allowing them to cash in on the copper. This is problematic in a practical sense (you have to collect and store a lot of them, wait for something that may not happen in your lifetime, then melt them, then sell them - and have the price of copper remain high enough).
I think some practices (hoarding for melt and using them as solder tips, or fuses) may be ill-advised. But, we all make mistakes.