Oh the Beauty of Chocolate

just thought I would post these randoms from my 2 day coin hunt. I think I am falling in love with copper chocolate.

 

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Nice! Other than "red", that's my favorite color.

 

Do you mean red like this.

 

No, red means red (as if it just came out of the Mint yesterday).

 

oh, I will keep a look out for those.

 

Oh no!!!! There is a zinc penny in my mix of copper.....must remove before it taints the bunch!

 

That's red

 

Here is a chocolate clip!

 

oh me so jealous. Here I got some chocolate for you.

 

A little Swedish chocolate...mmm...

 

Nice keep, everybody, please post your favorite chocolate. If anybody posts a candy bar, you are an @$$.

 

So, according to my research, any penny prior to 1983, even if there is nothing special about it is worth 1.8 cents in melt value, does that sound right?

 

Mexican chocolate.

 

That sounds about right, depends on the price of copper. However, it is currently illegal to melt US cents for their melt value.

 

It’s a myth. Cents are not pure copper so they are worth less than one cent. The people hoarding copper cents are going to be sorely disappointed.

 

95% copper times 3.11 grams per cent (average) is 2.95 gr copper per cent (pre zinc). So 31.101 gr per oz would be 10.54 cents per oz; 12 oz per pound would be 126 cents per pound or $1.26. So if the price of copper is more than $1.26 per pound you could make money but there is always the cost of smelting to consider.

A quick Google search says copper is at $2.53. However the same Google search also came up with recycled scrap copper being bought at $1.30 per pound. Either way selling pennies for scrap is still illegal; but technically there is about 2 cents of copper in each pre 1983 cent when the price of copper is $2.53 per pound. My math my be off and if so please correct it.

 

I have a bbq grill, I got this!!!

 

I was hoping to see some Reece Cups. Misleading title. I wouldn't mind having that 1975-D clipped cent or the Swedish and Mexican pieces.

 

16oz in a pound not 12. The price would need to be $1.68 and you’ll not get that from a scrapper for 95% copper.

 

Right, so 1.5 cents of copper in a LWC or LMC prior to the zincolns when copper is at $2.53 per pound. Illegal and agreed, no one is paying $1.68 for scrap copper at the moment.