Are You Saving Memorial Cents From Circulation? Even The Zinc Ones? - Page 2

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Author	Replies: 24 / Views: 4,053	Page: of 2

cladking Pillar of the Community United States 2272 Posts	Posted 01/20/2019 3:54 pm Quote: Copper would have to go up more for them to be worth anything in regard to melt due to refining costs. There are no "refining costs" because they will simply be used as alloy. The scrappers pay very little for metal because they are extremely inefficient and have enormous overhead. Then they sell to jobbers who are even less efficient. It requires only a few dollars worth of natural gas to melt a very large number of pennies. The zinc simply floats to the top. Of course the government won't make a profit on these either when they melt them. They'll lose billions gathering them up and in reverse costs and sell the copper for millions. Until they do melt them pennies are like an albatross tied around the neck of the economy. Time don't fly, it bounds and leaps. Report this Post to the Staff
Tunnioc Pillar of the Community United States 3179 Posts	Posted 01/21/2019 01:43 am A recent sorting of only a few 1980's high grade MS Cherry Red Zincolns from the stash. Edited by Tunnioc 01/21/2019 03:25 am Report this Post to the Staff
ty88ty2 Pillar of the Community United States 772 Posts	Posted 01/21/2019 02:05 am Quote: A few high MS Cherry Red Zincolns. I spy with my little eye... a 1981 in there! Report this Post to the Staff
Tunnioc Pillar of the Community United States 3179 Posts	Posted 01/21/2019 02:23 am There was a couple of sweet cherry coppers mixed in. Report this Post to the Staff
jbuck Moderator United States 189142 Posts	Posted 01/21/2019 11:40 am Quote: pennies are like an albatross tied around the neck of the economy. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 01/22/2019 08:13 am I predict that in about 500 years you will not find any in change any more. Report this Post to the Staff
jbuck Moderator United States 189142 Posts	Posted 01/22/2019 08:50 am Maybe sooner. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 01/22/2019 3:10 pm Quote: It requires only a few dollars worth of natural gas to melt a very large number of pennies. The zinc simply floats to the top. Actually it doesn't, but if it keep it molten much of the zinc does eventually boil off becoming zinc oxide which is quite hazardous to breathe in. Using them for alloy is a bit problematic as well as you have to account for the zinc in the alloy and estimate how much will be lost through vaporization to get the precise finished alloy you are trying for. Report this Post to the Staff
cladking Pillar of the Community United States 2272 Posts	Posted 01/22/2019 9:32 pm Quote: Actually it doesn't, but if it keep it molten much of the zinc does eventually boil off becoming zinc oxide which is quite hazardous to breathe in. Using them for alloy is a bit problematic as well as you have to account for the zinc in the alloy and estimate how much will be lost through vaporization to get the precise finished alloy you are trying for. You're quite right. I forgot zinc boiled at so low a temperature. Most coins are used as chill scrap in alloy production. Batches of metal are brought to about the right alloy and a little too hot. Then scrap is added to bring the temperature down for casting or pouring. Time don't fly, it bounds and leaps. Report this Post to the Staff
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