I have several 1970 through 1979 Lincoln cents. The D looks like it is filled in. Is this common on these year coins. I know they aren' worth anything except the copper value.
The face value 1 cent is worth twice what you can get if you were allowed to sell them for copper value. So you really don't know that at all. Filled in D's are common. A picture would help, but it's probably nothing.
I didn' bother with a picture because I found so many of them so was just curious. And I have been told that the copper melt value on Lincoln cents made before 1982 was 2 cents.
Forget about trying to make money selling copper Cents. Nobody will take them. I believe it's illegal, a waste of time. You are better off collecting cans and redeeming them.
Spot price is for Grade A copper. The copper in Lincoln cents is alloyed, combination of copper and tin, it is not Grade A and if you were allowed to melt it only gets 25% of spot price. Copper would have to be $6 a pound to break even. The copper in cents are worth 1/2 cent each and it is more valuable as 1 cent.
Yup, as Michael K said, you actually aren't making money when you save copper pennies because they aren't worth 2 cents. It would be a better deal to invest in silver or gold instead, IMO.
Im saving so i can make a huge magnet that will suck out old coins from the ground. So far only getting cable and rebarb. Didnt have a plan b
If you are lucky you will pull out 1943 Steel Cents.. None of the other US coins to date are magnetic! You need a Metal Detector instead! My Quarters alone.. Over $500.00 detected!
Oh boy. Im a lincoln cent collector. Need to call a board meeting. To many yes people. I got to get a stay at home mom on my board. You really came at the right time. Plan b not in affect yet. Boy you really learn on CT
