Question About Copper Pennies - Page 2

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Author	Replies: 19 / Views: 3,070	Page: of 2

tzcards New Member United States 24 Posts	Posted 10/30/2009 09:29 am Most people sell in qnty of $50 or $100 Face Value. You can actually ship $100 in a USPS Flat Rate box for $10. The going rate right now is about $140 for $100 face. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 10/31/2009 10:39 am Quote: It is illegal to melt them in the United States. You could probably find many folks in Canada that would buy them to melt or exchange them for Canadian pennies which have a slightly higher copper content and CAN be melted down in the U.S.. But remember it is illegal to export more than a certain amount of them as well. Can't remember if the limit is $5 or $50 face value. Report this Post to the Staff
925dealer Valued Member United States 258 Posts	Posted 11/29/2009 11:28 pm Quote: But remember it is illegal to export more than a certain amount of them as well. Can't remember if the limit is $5 or $50 face value. I believe it is $5.00 unless it is "numismatic" and I am not sure what that means. I want you to think about something. We as Americans can take $10,000 in paper money out of the country and only $5.00 in coin money? Makes you wonder what the government thinks of our paper money doesn't it? Copper pennies are just a neat way to save money regardless of the profit potential. The only problem is they take a lot of room to store and weigh a ton (literally). http://cgi.ebay.com/1000-lbs-1-2-To...82_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/250407281728 target= _blank rel= nofollow 250407281728 /a QQcategoryZ31373QQcmdZViewItemQQ_trksidZp4340.m263QQ_trkparmsZalgo=SIC&its=I%252BC&itu=UCI%252BIA%252BUA%252BFICS%252BUFI%252BDDSIC&otn=10&ps=63 Anybody building a couple million sets of pennies will certainly need common date copper memorial pennies Sincerely, John Leckrone Report this Post to the Staff
mfhorn Pillar of the Community United States 959 Posts	Posted 11/30/2009 2:32 pm A good place to store them would be a basement. A couple tons of these guys on the second floor.........LOOK OUT! Report this Post to the Staff
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