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<p>[QUOTE=&quot;Michael K, post: 4203537, member: 78298&quot;]This is a fallacy. Copper has never been higher than $4.63. If it was legal to melt pennies for their copper it would have to reach a price of $6 just to break even. The current price is&nbsp; $2.55.</p><p>Pennies are an alloy and only bring 25% of the spot price which is for Grade A copper. Anyone who has been saving copper pennies is going to get burned.[/QUOTE]</p><p><br /></p>

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