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Melting Pennies

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New Member

United States
22 Posts
 Posted 12/20/2007  9:16 pm Show Profile   Bookmark this topic Add cgmeiergarrett to your friends list Get a Link to this Message Number of Subscribers
I have been searching through rolls of pennies from the bank putting aside all of the pure copper ones
Until recently I realized that when the mint up lifts the melting ban how am I going to melt all of the
pennies I have accumulated. Got any easy tips or ideas.
Member
laxmaster92's Avatar
United States
1154 Posts
 Posted 12/20/2007  9:20 pm  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
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bobby131313's Avatar
United States
24148 Posts
 Posted 12/20/2007  9:57 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
I hope you're kidding. If I'm not mistaken the melting point of copper is almost 2K. You're not a kid making fishing sinkers. Don't burn the house down.
New Member
United States
22 Posts
 Posted 12/20/2007  10:00 pm  Show Profile   Bookmark this reply Add cgmeiergarrett to your friends list Get a Link to this Reply
Copper — Melting Point: 1357.77 K (1084.62 °C, 1984.32 °F)
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patrick's Avatar
United States
560 Posts
 Posted 12/20/2007  10:13 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
It seems like a lot of work to go through. And how would you remove the small amount of tin/zinc that is also present in the "pure" copper coins? I suspect that, should copper become that valuable and the melt ban be lifted, you could probably sell bags of cents to someone who would melt and purify them in large batches. You would lose a bit off the actual melt value but you wouldn't need to go through all the trouble yourself.
New Member
United States
22 Posts
 Posted 12/20/2007  10:24 pm  Show Profile   Bookmark this reply Add cgmeiergarrett to your friends list Get a Link to this Reply
Ya that's true it would probably take as much money to melt them than I would get for them
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arthrene's Avatar
United States
1713 Posts
 Posted 12/20/2007  10:43 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
Why would you want to melt them?
New Member
United States
22 Posts
 Posted 12/20/2007  10:59 pm  Show Profile   Bookmark this reply Add cgmeiergarrett to your friends list Get a Link to this Reply
Because the penny is worth almost three times its face value
New Member
United States
22 Posts
 Posted 12/20/2007  11:00 pm  Show Profile   Bookmark this reply Add cgmeiergarrett to your friends list Get a Link to this Reply
Because the penny is worth almost three times its face value
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KurtS's Avatar
United States
5318 Posts
 Posted 12/21/2007  02:26 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Like people said--someone has to refine it to pure copper, unless they want that particular alloy. I think it would be more tempting in Canada, where they used pure Ni 5c for years. Besides, Ni has been about $14/lb to $3 for Cu. Those pure Ni would be worth 12c each. I'm sure that's one reason Canada went to cupro-nickel in 1982.
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thingee's Avatar
United States
2177 Posts
 Posted 12/21/2007  02:57 am  Show Profile   Bookmark this reply Add thingee to your friends list Get a Link to this Reply
Do not melt them yourself. This way to dangerous!!
Valued Member
chevrolet454ss's Avatar
United States
314 Posts
 Posted 12/21/2007  03:55 am  Show Profile   Bookmark this reply Add chevrolet454ss to your friends list Get a Link to this Reply
I hoard copper and was thinking the same thing. It would cost maybe 3000 to 5000 for an smelter machine to melt them. Those machines cost an lot money to run them after you buy machine.

You could always to try find those smashed penny machines like at zoo or park. I would rather run them Thur those smashed penny machines and then sell to scrap yard as number 2 copper. Those machines are cheap to use besides trying melt them down into blobs of copper mixed with zinc, tin junk. Its safer for sure besides melting them.


Whatever you do dont get caught its 5 year in federal prison and 10000 thousand dollar fine for exporting or selling pennies for scrap metal.

I did find away on how get away with melting pennies and nickels down in USA if that your thing. I called Canada government and asked them if I could buy there coins from there banks . They said yes I can no problem. I think an company in Ohio is doing it and its all legal .

There is loophole over there and with us customs . The law reads you can bring in 10000 dollars undeclared no problem. In Canada there no law leaving with coins in trucks if tell us customs you have less than 10000 dollars declared money when you enter the USA at international border bridge.

Once you get all pre 1996 pennys and all pre 81 nickels in the USA you can destroy them and sell them for scrap metal or bullion. The law reads you cant destroy there money in Canada but once in USA you can destroy it all day as long its no USA nickels or pennys you are melting down. There pre 96 pennys are like old pre 82 coins over here.

If lived up north at Canada border I would be doing this as an living but I live in south Texas and been in Texas all my life.

There another loophole I found on selling USA pennys as scrap metal. If you live close to Mexico border. You can drive them across mexican border into Mexico and sell USA pennys for scrap metal in Mexico. I used live in Mexico and would cross over into USA all the time. The us customs does not check cars or trucks driving into mexico. They check your car coming back into USA. Auto thiefs do all time. Steal an car in USA and drive it across international bridge no problem . Once in Mexico its not stolen anymore. Its sad those auto thief's get away with down there for years since us customs dont check cars leaving the USA. When I lived in Mexico I was afraid to buy used cars since they could be stolen from USA. I never bought an car down there unless it in the USA or brand new car from Mexican car dealership.

You can maybe carry maybe 500 dollars worth copper pennys into Mexico and sell for maybe 1000 bucks and drive back across into USA no problem. I dont know the price on copper or scrap dealers there. But if us government bust you its still jail time and fines.

Have fun Chevrolet454ss
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chrycopaul's Avatar
Canada
1106 Posts
 Posted 12/21/2007  04:50 am  Show Profile   Bookmark this reply Add chrycopaul to your friends list Get a Link to this Reply
Here is something to think about. Remember that little riddle .."What is heavier, a pound of feathers or a pound of steel?" What would be your incentive to melt pure copper cents into a big blob? A pound of copper cents, or copper pipe, or copper wire, all have the same value.
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amac44's Avatar
United States
3242 Posts
 Posted 12/21/2007  06:45 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
This just my opinion only a fool would melt copper cent down. 1 cent maybe worth 3X melted but think of the young collects that are not collecting yet! is worth making them pay 10X because someone wanted 3 cent for 1 now? I don't think so!
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jcook54's Avatar
United States
533 Posts
 Posted 12/21/2007  07:21 am  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
I just can't justify the time trouble to figuring out how to melt the pennies down. If it's as a hobby I could understand but as a money making proposition it seems like getting a second part time job would be much more profitable and easier. Just a thought.
Valued Member
Dockwalliper's Avatar
United States
342 Posts
 Posted 12/21/2007  08:10 am  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
Theres no money in melying pennies unless your doing it by the ton.
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