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<p>[QUOTE=&quot;Jim M, post: 135343, member: 4791&quot;]As of April 24, 2006, the price of copper is $3.15 per pound and zinc is $1.50 per pound. At these prices, the pre-1982 copper cent contains 2.03 cents worth of copper metal; it is now potentially profitable to melt them down. Presumably with the rapid rise in price for zinc (more than doubled in the last six months), the US Mint will have to find another alternative. Just the scrap zinc in a cent is worth 0.9 cents. With the costs of manufacturing and distribution, the net cost to produce one cent is about $0.0123, significantly higher than the face value of the coin.</p><p><br /></p><p><a href="http://en.wikipedia.org/wiki/Cent_(U.S._coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Cent_(U.S._coin" rel="nofollow">http://en.wikipedia.org/wiki/Cent_(U.S._coin</a>)</p><p><br /></p><p>The coin that you have, does it look like the coin in this picture? This one has a coating on it, I kept it around for almost 20 years now and it just paid for itself.[/QUOTE]</p><p><br /></p>

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