whats this rare 1970 s double die worth??????

Grade A Copper: $3.35/lb.
Alloyed Copper: 84c/lb.
Lincoln cents per pound: 182
Melt value of 1c: 0.0046c

Chris

 

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point?

Still not a DDO

 

Unfortunately, retailers will only accept it at face value, or $.01.

Try paying for a purchase using a Morgan, or Peace dollar, they will only accept it for face value or $1. They won't give you melt or numismatic premiums over melt.

 

theres a coney island in northern michigan ran by a ex norfed distrubutor thats takes any kind of silver all 90%s at 20x face for food ect

 

I wonder how he reports the sales on his state tax form and IRS business forms. I seem to recall reading about a similar situation and the business owner reported the face value of the 90% US silver coins as income rather than the value of the bullion. He was losing money on paper and gaining elsewhere. The tax collectors were not very accommodating.

 

We are not on topic any more.ff-topic: