Findmall.com
 
 






Minelab E-TRAC Forum


Welcome! Log In Register
How many copper pennies in a pound?:shrug:
Posted by: jimmyk
Date: March 06, 2010 05:05PM
A friend of mine told me that copper pennies are now worth three cents a piece. Later I started thinking about whether I should take them to a recycling unit that buys copper. Are they worth more than face value that way? Or should I just roll them up and cash them in at my bank. What are you folks doing with your copper pennies?

keep on diggin'

jimmyk in Missouri

avatar
Re: How many copper pennies in a pound?:shrug:
Posted by: kevinslack
Date: March 06, 2010 05:22PM
its about 150 pennys make a pound, thats the copper pennys. i used to buy old wheat pennys by the bag. 33lbs per bag and there was about 5000 pennys in a bag. i was looking for the 1909 s VDB penny. after looking at 18000 pennys i quit, and sold what i had. i ended up selling 122 lbs of wheats to a guy in penn for $900.00

avatar
Re: How many copper pennies in a pound?:shrug:
Posted by: filo
Date: March 06, 2010 05:28PM
It's actually against the law to sell nickels or pennies for their melt value. You could face thousands in fines or jail time. The recycling unit will not buy them from you because they could face even stiffer penalties.

Re: How many copper pennies in a pound?:shrug:
Posted by: zinzv
Date: March 06, 2010 05:41PM
Coinflation.com is a great website for figuring out what stuff weighs and what it's worth at different metal prices.....

http://www.coinflation.com/

I thought about that too....
Posted by: Chris(SoCenWI)
Date: March 06, 2010 05:49PM
Jimmyk,

I thought about building a machine to separate zincs from coppers; then looked on the web and saw others had done that already. It was only a couple years ago or less that they made melting coins illegal. Too late.

Chris

avatar
Re: How many copper pennies in a pound?:shrug:
Posted by: E-TRAC-OHIO
Date: March 06, 2010 05:59PM
I read that there are - ( 147 ) - Copper Pennies in a pound and right now they are worth a little under 2 cents each.



Minelab E-Trac * Detech Coils - 5" - 4.5" x 7" - 10" x 12" * Ultimate Gray Ghost Headphones * Garrett Pro Pointers * Lesche Digger
Oldest Coin --- 1724 K.G. Half Penny *** Oldest Silver Coin --- 1783 Half Reale *** Oldest Canadian Coin --- 1832 Nova Scotia Half Penny *** Jewelry Total - (137)
Favorite Find 2011 --- 1837 Capped Bust Half Dime *** Favorite Find 2012 --- 1829 Capped Bust Dime *** Favorite Find 2013 --- 1877 Seated Liberty Quarter

avatar
Re: How many copper pennies in a pound?:shrug:
Posted by: Goes4ever
Date: March 06, 2010 08:23PM
don't believe everything you read on the internet...
Posted by: pat (chicago)
Date: March 06, 2010 09:57PM
unfortunately, coinflation is incorrect...the composition of U.S. cents from 1909 (other than 1943 and 1944) is 95% copper 1% tin and 4% zinc. this was true until mid 1982 to present when our US mints switched to zinc with a copper plating. there are 146, 1909-1982, pennies to a pound.

Sorry, only registered users may post in this forum.

Click here to login