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<p>[QUOTE=&quot;Michael K, post: 25473424, member: 78298&quot;]Not worth 3 cents in copper either as that price is for Grade A 100% copper,</p><p>which US copper cents coins are not. They are an alloy and if you were allowed to melt coins the most you would get is 25% of the grade A price from the smelter. These people who are saving copper coins are in for a rude awakening. The cost of storage and inventory, and then when the day comes they will not even break even, besides the longer you hold cash reserves the less and less your money is worth due to inflation.</p><p>Of course I am not talking about just 1 cent, but people have thousands of dollars in copper pennies laying around in barrels thinking they are going to make money off of melting them one day. It is true that some people sell them on EBay at a premium, but that&#039;s just a pyramid scheme where you have to find someone else willing to pay more than face and shipping.[/QUOTE]</p><p><br /></p>

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