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To: Aevery_Freeman

yeah but what do you DO with the pennies?....no one will take them to melt, at least that I know of...


96 posted on 01/30/2011 9:46:08 PM PST by cherry
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To: cherry
"yeah but what do you DO with the pennies?....no one will take them to melt, at least that I know of..."

It is illegal to melt down US coins/money.

Loop Coins is presently selling 100 Wheat Pennies for $4.25 per bag.

I called and asked if they were buying pre-1982 copper pennies by weight for the copper content. They said that they'd just had a meeting on that subject but have not reached a decision yet.

Two weeks ago I sold 129 pounds of scrap copper pipe for $451.50.

Saving nickels is your best choice at present. Your every day nickel is worth about seven cents presently...that's because it is 75% copper and 25% nickel. I have thousands of them.

98 posted on 01/31/2011 7:56:11 AM PST by blam
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