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Is it time to start melting...

3 posts in this topic

Posted

...Pennies?!? With the price of copper now at a record $1.71 per pound, the value of the copper in pre-1982 cents is now greater than face value. In fact about 153 pennies makes a pound of copper, which is now worth $1.71. How long before we see all the old Lincoln cents disappear from circulation? Do any of you save them? I admit, I put all my copper cent in a jar and get rid of the zinc ones (though I am not as bad as my uncle who throws the zinc cents out into the driveway so the lime from the gravel eats them to nothing 893whatthe.gif).

Posted
...Pennies?!? With the price of copper now at a record $1.71 per pound, the value of the copper in pre-1982 cents is now greater than face value. In fact about 153 pennies makes a pound of copper, which is now worth $1.71. How long before we see all the old Lincoln cents disappear from circulation? Do any of you save them? I admit, I put all my copper cent in a jar and get rid of the zinc ones (though I am not as bad as my uncle who throws the zinc cents out into the driveway so the lime from the gravel eats them to nothing 893whatthe.gif).

 

My microwave can't get hot enough frustrated.gif

 

 

screwy.gif

 

 

Fact is that copper is going to have to go a whole lot higher before you could actually make a profit after all the refining fees.Not to mention that not everyone has one in their area...I just spend them...

Posted

i am noyt saving them but you certianly are getting me interested

 

i think i will save all the wheat ears i find