Previous post was inside the QUOTE. Sorry. Copper cents are not worth more than face value in zinc content. There are 182 pennies in a pound...
Wow, super-nice and a great accomplishment. Congratulations. I like that you posted pics of every coin. I think it should be a requirement for...
First, let's dispose of the exploding pennies theory. The thin layer of copper on the outside is not going not going to contain the expanding...
So, what should the smallest U.S. coin be? We've probably come too far with inflation for a viable 2-cent coin. Costs almost that much to make a...
Well, $10K face value of pennies is 2.5 metric tons = 2.75 US tons =5,500 lbs of zinc. Breakeven is $1.82/lb. Let's say the price rises about...
I've bought hundreds of coins and never had one not arrive or receive the wrong one. Just lucky so far. I have had a few that were over-graded...
Yes, I'm quite aware of the zinc price run-up starting in 2005, and very briefly it reached the point in 2006 where it would be profitable to melt...
Being against the law has never stopped melting of coins if it was profitable to do so. Happened on a massive scale with silver in the 1960's....
Once the value of the metal content exceeds face value, it's game over. They'd be melted as soon as they came out the door of the mint. There'd...
I agree that inflation has pretty much disappeared the cent. At this point, it's mostly sentimental value and resistance to change (no pun) that...
[ATTACH] Out of the Charles Kramer collection. Cal
Great toning. A pleasure to view. Thanks a lot. Cal
The cent is mostly zinc with a very small percent being the more expensive metal, copper. Cents weigh 2.5 g, so there are 454/2.5 = 182 of them...
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