What I made out of 1 box of Pennies and Nickels

So a box of pennies costs $25 altogether in Canadian and American Pennies I made $7.50. Took me 3 hours. I also made $5.50 In Nickel. Altogether I made $13. I think it is illegal to melt pennies but the person I bring them to does it.

 

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When reading the subject line, I expected to see a picture of a school project or diorama!

 

You have somebody melt them??

 

I dont know what you want us to do here on this post. Besides the fact that what he is doing is illegal, getting $13 for 3 hours is not good at all but I guess if you enjoy doing it, then thats that.

 

Pretty sure he does. He makes jewelry. If he didn't I have no clue what he would do with a 1996 penny.

 

1996???????

no copper to be had there my freind. I don't know if I understand what you are saying. you sold pennies and nickels to somebody who maybe melted them?

I love to figure something to do with my copper pennies. I am having fun sorting them but will soon have more than I want to hoard and they don't seem to sell for enough over face on the bay to cover the fees.

 

I live in Canada. 1996 and before are

Composition: 98.4% zinc, 1.6% copper plating.​

 

98.4% zinc? Yes, I know you meant copper.

 

oic

 

98% copper, 1.75% tin, 0.25% zinc

^Corrected^

 

Interesting about the Canadian Laws surrounding this, if I'm interpreting it correctly (well, let's just say in a convoluted sense).

Melting current coins is against the law. But if a coin is bent, mutilated, or defaced, it is not current. So technically, you might be able to melt those without violating the melting law. Of those, though, actually defacing the coin is against the law. I don't know if bending or mutilating the coin, though is considered an offense. If it is not, or if someone else mutilates its or bends it and you then melt it.....does that mean that that is legal????? Since a bent or mutilated coin is not 'current' and only current coins are prohibited from being melted.


Seems there might be some sort of loophole up north, eh by?

 

Dude, just spend them. I used to do the whole hoarding thing with copper cents but I rolled up a portion of my stash and brought them to the bank a year or two ago. Best decision I've made with them so far. I advise you and everyone to refine and refocus your efforts on keeping better date cents and older Mint BU coins that you find in circulation. You'll find that you will have alot more spending money to buy and search new coins as you wont constantly be tying up more and more cash by hoarding every copper cent that you come across.

 

I have been keeping '81 and back copper cents that I find in pocket change for several years, but for reasons different than most. Me and my kids like to make and collect elongated cents or as the kids say, "penny smashers". The cents with zinc cores do not look as good to me as the solid copper ones. I have found in my area that these are getting harder and harder to find.

 

I actually got $30. I must got how much he pay wrong. XD

 

So... if I'm reading this correctly, your buddy's melting the US coins? I'd imagine that in CAN, that'd be ok, right? I doubt there's a law about melting foreign coinage.
Also, it's funny in your info that your location is "Canada, Ontario." I always thought Ontario was in Canada, not the other way around!

 

Wow. Cant fool you.

 

So, why are you dredging up all these six-year-old threads?