Simpsonslammer
Active member
A while back I thought I read on here the value of copper in a memorial was about 2.3 cents. Is that correct? Who's buying these?
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valu of copper pennys
- Thread starter Simpsonslammer
- Start date
Larry (IL)
Well-known member
There are some people who are buying on Ebay but for the most part, melting the cents for copper is not as good as it sounds. For one, it is illegal and number two, the cost of smelting copper cents to separate the other metals is not a cheap process. If it really was profitable, there would not be many copper cents left in circulation.
GeorgeinSC
Well-known member
Any penny made from 1982 to present has very little copper. They are .975 percent zinc with a with a .025 percent copper coating.
1962 to 1982 they were .950 copper and .050 percent zinc. . 1959-1961 they were .950 copper and .050 tin and zinc. A penny weighs 3.11 grams and there are 453.59237 grams in a pound. It takes roughly 146 pennies to make a pound. Not much copper value in a modern Zinc penny.
1962 to 1982 they were .950 copper and .050 percent zinc. . 1959-1961 they were .950 copper and .050 tin and zinc. A penny weighs 3.11 grams and there are 453.59237 grams in a pound. It takes roughly 146 pennies to make a pound. Not much copper value in a modern Zinc penny.