Other Ways To Seperate Copper Cents

If you have access to millions of cents and can afford to hold on to thousands of dollars worth for copper, get the $500 automatic machine and write it off on your taxes.

right now your actually on the high of a copper run up , even if it hits 4$ a lb in a few years and hold steady
copper is abundant suplly and demand takes control.

Lift the copper coin melt ban ? you think the supply will over take the demand ? yup then it comes crashing again.

copper would have to hit $8 a lb and hold for along time , the cost of a cent would be 5cents to make. that way a scrap smelt company will offer 2-3 cents per coin.
look at what silver smelters offer now around $10-14 a ounce for silver about 50-65% of what the value is

I did the math it takes 150 coins to make one lb , right now a copper buyer in my town is paying 2.50 per lb of scrap copper some less.

That means for I could make 5 lb bars of copper for 750 pennies $7.50
then sell each bar for $ 12.50 a profit of $5 per bar.

say I made 100 bars , thats 500$ profit.
id only have to melt down 75,000 pennies in my back yard in a kennel .
the time it takes to sort 75,000 copper pennies you would have to get 200,000 pennies from the bank
then reroll the ones that are not copper being copper pennies are about 30% population
then set up a kennel and have my metal 5 lb bar casting process

its not feasable. no profit in my opinion for the time invested

There is really no problem separating Copper from anything. All you need is a decent blast funace or temperature controlled torch. With a furnace all you do is throw in everything that is metal and Copper will melt out at 1964.32 F. Note that the Zinc from modern coins will run out first since it melts at 787.15 F. If you know the melting point of all the possible metals you throw in that pot, you could separate them all one by one.
Really a simple solution.

some ebay auctions are fruad .

a seller has a friend bid the auction up high , and hope a person jumps in at last minute and buys thems

i looked at the copper cent auctions almost all say not sold.
plus even if it did sell no garantee the transaction went through , the guy just has his friend bid up agian when he relist the coins as " another lot of coins "

I'm with Carl. I've been looking for a reason to melt my pennies.

I'm actually serious but I'm guessing that by the time you buy the furnace and pay for the energy it took to heat that baby, you better have a lot of darn pennies! Oh and and a mask for toxic fumes, great ventilation and a license to do it all.

Sign me up.

"my question is what do you do with the copper ?"

Look through it and save them, also the price of copper I could care less about if it falls no big deal as I'm not paying more then face for them so price wont affect me. People are making a small profit from selling lots of copper cents in bulk as stated, I would never pay that but others will hence why save copper. IMO it is a waste of time if someones looking to make alot of money because your not unless you have millions of wheats. I'm basically doing it for the search and I really want to due the same thing as someone did with that 6ft coke bottle as that would look cool

im not agianst hoarding copper , I'm just asking people what they will do with it ,
and to consider all factors in what it will take to achieve any reward ,or if they are just in it for collecting

for legal purposes ill tell you about my friend of a friend of a friend

took 750 pennes and placed them inside a cast iron square pot . Then heated it over a pit in the back yard
then used a torch to heat the cast iron pan so the copper would finally melt becuase the pit fire did not get hot enough.

the result was one 5 lb block with a cost of $7.50 that he threw in with some scrap copper wire to sell at the local metal scrap yard and the bar sold for $12.50
so was 5$ for the bar a profit ?
time invested in sorting , torching and gas driving to take the copper to the buyer was a reality check
that it was not going to make a profit.
In fact it was a waste of time being they only pay 2.50 for scrap copper this was when copper was 3.75, to make a profit of 100$ at the end of the week you would need 20 lbs of copper melted and sold
so if you make 4 bars a day and sell at the end of the week your 20 bars ? and copper takes a dive well now your stuck with a hunk of copper and cant even spend it but only sell if for a loss or hold it agian hoping to catch copper at 4 a lb agian

if copper makes it to 8$ lb and someone is paying 5$ a lb , then you could make a 5 lb bar for $7.50 and sell for 25$ and see a decent margin.

Im just saying dont think your gonna get rich hoarding copper. but its a no loose risk and
sure someone with a hoard $10,000 in copper it will always be worth $10,000 no loss
even if copper falls to $1 a lb
but that 10,000 could be out into a bond or cd with garanteed return, rather then sitting in a storage shed somewhere hoping a bad will be lifted that might never happen

Here's hoping to the repeal!