Discussion in 'What's it Worth' started by Adrian soto, Jun 13, 2018.
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Sorry that's a 1946 not two 1964's
They all look well circulated and cleaned.. Just 1 Cent each
Penny is singular
Pennies is plural.. not Penny's
Once they get polished they are reduced to face value. Fun to look at though.
Those puppies, I mean pennies, were definitely polished.
If you just look at the 3 on the top, the color is all wrong.
They shouldn't be that pink in color. That reduces their value to 1 cent each.
I can't tell on the bottom 2 but if posters have said they have been polished,
it also reduces the value to 1 cent each.
The copper ones are worth 2 cents each. But don't run out and melt them down it's illegal.
The value of the copper in copper cents is 1/2 cent each.
The spot price for copper is for Grade A copper.
Copper cents are an alloy and if you were allowed to melt them
they bring 25% of the spot price for melt.
Anyone saving copper cents for future melt is in for a
They are all common cents and several have been cleaned. No numismatic value.
Wouldn't it be easier to recommend a page with melt value
Think it says .017 melt value
That's why it's not a good reference. That information is misleading.
The weight of the copper might be worth that,
but you must extract the copper, that's why it's not spot price.
ie, think of the process and cost of melting and separating the metals.
that isn't cheap .. so who's going to pay for that? that's why you wouldn't get spot price for it.
If you collect copper, you should collect as close to 100% copper as you can. Then you'll be able to get spot.
Hi. Some people don't like collect pennies with old patina on the coin. If , you go on eBay auction most of Abe's coins are cleaned. What do you think ???
Oh I wholeheartedly agree. A shiny cent is pretty to look at. Our numismatic ancestors had no compulsion at all shining up an old coin. What we now know though is that the act of polishing forever damages the surface of the coin and that negatively affects the value of the coin.
These yes we're cleaned with vinegar and salt but we're not polished and the pink color is from the angle of the picture they are all in fact a bright copper color.
Vinegar and salt might be OK for copper jewelry (try lemon juice and salt)
but it turns every coin into a face value coin and ruins any value it could have had.
Bright copper color is a bad thing on circulated copper coins. These coins are low value so it doesn't matter too much, but on a more valuable coin it would really hurt.
Look. When they minting those coins , you think workers care ?? Somebody wants to collect that , noway . Employees are careless and also rolling those coins . There are some scratches always. And circulated coins can not exist without some small damages. Unless you go to US mint and you pick up by hand that coin. Or only Abe's minted for investors perhaps they are 100 % good. I think nice shining coins are much better for look than Abe's with old patina
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