Copper? - Coin Community Forum

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Author	Replies: 14 / Views: 1,640
eric273 Valued Member United States 289 Posts	Posted 05/05/2011 11:37 pm Don't get anyone in trouble but, Has anyone had a Metal Recycler take your copper pennies? And pay you as it was copper scrap? Report this Post to the Staff

ikandiggit Pillar of the Community Canada 1166 Posts	Posted 05/05/2011 11:44 pm I shopped around but never sold any. I have a few hundred pounds of copper cents. The best price I could find from a scrapper was actually about 2/3 of face value. I, obviously didn't sell. I posted some of the rolls on ebay and kijiji and got anywhere from $4 - $15 roll. Much better than a scrapper's offer. Report this Post to the Staff
BadThad Bedrock of the Community United States 19935 Posts	Posted 05/05/2011 11:54 pm It is currently illegal to melt the US cent. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 05/05/2011 11:56 pm You do realize that is illegal, right? http://www.usmint.gov/pressroom/ind...lease&ID=771 Many law enforcement agencies have actually been running sting operations lately on metal recyclers due to a massive increase in the theft of copper pipe, air conditioners, manhole covers, and buried copper utility lines. A recycler would just be asking for trouble by buying cents for copper melt. Besides that, cents are much more valuable as bullion than scrap. http://seattletimes.nwsource.com/ht...heft11m.html http://the.honoluluadvertiser.com/a...1236509.html http://www.signonsandiego.com/union...25metal.html http://www.allbusiness.com/crime-la...27660-1.html http://www.amm.com/Article/2533739/...eration.html http://www.redding.com/news/2008/au...clers-sales/ http://www.stltoday.com/news/local/...cd02826.html Report this Post to the Staff
eric273 Valued Member United States 289 Posts	Posted 05/05/2011 11:58 pm Yes I realize its illegal I just wanted to know if anyone had had it accepted. $15 a roll thats 30x face value and 5x Metal Value What crazy person did that Report this Post to the Staff
ikandiggit Pillar of the Community Canada 1166 Posts	Posted 05/06/2011 12:01 am Bidiots. Report this Post to the Staff
eric273 Valued Member United States 289 Posts	Posted 05/06/2011 12:05 am HAHA Report this Post to the Staff
Nickolas086 Valued Member United States 50 Posts	Posted 05/06/2011 12:24 am I'm starting to see less copper pennies and more zinc pennies is it almost the end for the copper penny or are alot people just hoarding the copper pennies ....? Report this Post to the Staff
monkeyman67 Valued Member United States 439 Posts	Posted 05/06/2011 09:58 am Eric it looks like you decided not to be done witht is hobby. You could offer them out on CL just beware fo scammers. I have some to sell but haven't gotten around to it yet. Report this Post to the Staff
eric273 Valued Member United States 289 Posts	Posted 05/06/2011 11:22 pm Monkey Man, I said it in my post that I was just tired and peed Report this Post to the Staff
Typesetmaker Valued Member United States 97 Posts	Posted 05/07/2011 01:48 am ryedale coin sorter....works for me! Report this Post to the Staff
eric273 Valued Member United States 289 Posts	Posted 05/07/2011 10:10 am Haha, $500 I don't have, Report this Post to the Staff
KenRingold Pillar of the Community United States 594 Posts	Posted 05/07/2011 2:02 pm I love how people PLAN to end our hobby. Hoarding pennies and nickels in anticipation to melt them down. You think Indian Heads are hard to get in circulation now. They will be non-existent then, and the copper penny will take it's place. I can see future collections containing nothing but zinc! And don't even get me started on silver. Report this Post to the Staff
Bowfin Valued Member United States 296 Posts	Posted 05/07/2011 2:26 pm Quote: I'm starting to see less copper pennies and more zinc pennies is it almost the end for the copper penny or are alot people just hoarding the copper pennies ....? No shortage of copper cents here in SE MI. I'm actually seeing more copper than ever. Solid rolls of copper cents from customer wrapped rolls is getting more common. Report this Post to the Staff
rachums107 Pillar of the Community United States 3345 Posts	Posted 05/07/2011 3:13 pm I would estimate here in NH, although I haven't counted anything, that when I roll search I find 40% copper and 60% zinc. Report this Post to the Staff
	Replies: 14 / Views: 1,640

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