5 pounds of copper!

Discussion in 'What's it Worth' started by New Gen. Nick, Oct 14, 2011.

  1. New Gen. Nick

    New Gen. Nick Member

    I just sorted copper pennies (1982 and before) and weighed them. Came out to 5.2 pounds. What's the melt value?
     
    New Gen. Nick, Oct 14, 2011
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  3. gbroke

    gbroke Naturally Toned

    $3.41 (price per pound) x 5.2 (lbs of cents) = $17.73 x .95 (purity of a pre-1982 cent) = $16.84
     
    gbroke, Oct 14, 2011
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  4. New Gen. Nick

    New Gen. Nick Member

    So what would be a good asking price on Ebay? :p
     
    New Gen. Nick, Oct 14, 2011
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  5. jloring

    jloring Senior Citizen

    jloring, Oct 14, 2011
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  6. gbroke

    gbroke Naturally Toned

    gbroke, Oct 14, 2011
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  7. jdpichaytech

    jdpichaytech New Member

    how much is silver per grams?
     
    jdpichaytech, Oct 21, 2011
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  8. jcakcoin

    jcakcoin New Member

    Go to coinflation.com
     
    jcakcoin, Oct 21, 2011
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  9. jdpichaytech

    jdpichaytech New Member

    thanks..
     
    jdpichaytech, Oct 21, 2011
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  10. brg5658

    brg5658 Well-Known Member

    The melt value is 5 years in federal prison. ;)

    Now given that each cent from that era weighs 3.11 grams, and you have 5.2 lbs or ~2360 grams, then you have roughly $7.58. :)

    http://www.usmint.gov/pressroom/index.cfm?action=press_release&ID=724
     
    brg5658, Oct 21, 2011
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