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 Replies: 25 / Views: 7,308 |
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Valued Member
United States
111 Posts |
Scrape yard pays $1.75 cents a pound for scrape copper that figures out to a 14 percent profit not bad at all for a pre 1982 penny. ('  ') |
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Rest in Peace
United States
18456 Posts |
I would say that's for .999% copper , not 95% copper Cents.  |
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Pillar of the Community
United States
1101 Posts |
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Bedrock of the Community
United States
94367 Posts |
Wah - wah -wah -wah.  |
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Pillar of the Community
United States
4212 Posts |
Where are recyclers buying copper cents? it's still a felony, where I live.
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Pillar of the Community
United States
772 Posts |
I mean if they don't melt it, technically they're fine. Maybe they're trying to get in on the copper cent stacking game!
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Valued Member
United States
338 Posts |
Melting cents is a crime.
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Pillar of the Community
United States
826 Posts |
Scrap yards around me won't touch copper cents.
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Valued Member
United States
392 Posts |
At what point does collecting copper pennies become hoarding? I've got some copper pennies from roll hunting and I wonder how much is too much. Can I ask that question on this thread?
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New Member
United States
3 Posts |
The person that found the only 1982-D, small date, copper penny was weighing them to melt. I guess mine will be more valuable.
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Pillar of the Community
United States
997 Posts |
Any constitutional lawyers out there?
While I know it is a federal offense to melt nickels and copper pennies, how could this be enforceable? Coins are the property of the owner and they can do what they want with them. Coins are not licensed to the user by the government nor does the government retain an interest in the coin once it is released to the public.
This would be an interesting case to try in court if only it were worth the effort.
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Pillar of the Community
United States
655 Posts |
So, does that mean that all those junk silver coins that were melted in the 80s were actually criminal acts?
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Pillar of the Community
Australia
3831 Posts |
But what would you do with copper cents that have been abused, bent, damaged, scratched, verdigis damage etc?
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Valued Member
 United States
111 Posts |
But what would you do with copper cents that have been abused, bent, damaged, scratched, verdigis damage etc?
You can send them back they will send you new ones I would think coins are the same as paper dollars they only give you new if it more than 50 % there.
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Pillar of the Community
Australia
3831 Posts |
Well I'm certain the copper coins are worth at least face value. Unless they are key dates, I'm certain some coins are better off to be melted as they are worth more than face in melt value.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Bedrock of the Community
United States
20753 Posts |
Around where I live the smelter people take anything that is metal. They've gone into yards and taken things like swings, ladders and even a rear gate from my neighbors. None of them would think twice about melting coins of any kind as long as it's metal.
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Replies: 25 / Views: 7,308 |
Posted 01/28/2018 08:46 am
