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<p>[QUOTE="foundinrolls, post: 1807267, member: 4350"]That coin was cut up with cutting pliers.</p><p><br /></p><p>As far as the profitability of Copper cent melting, the price you quoted is for pure electrolytic copper. That is the quality of copper used to determine the melt price. </p><p><br /></p><p>A smelter would, if they could be melted legally, discount the buy prices paid for the copper alloy in Lincoln cents to a point where there would be a small profit but not nearly as much as you suggest. The alloy has to be cleaned up and that is expensive for a refiner to do.[/QUOTE]</p><p><br /></p>
[QUOTE="foundinrolls, post: 1807267, member: 4350"]That coin was cut up with cutting pliers. As far as the profitability of Copper cent melting, the price you quoted is for pure electrolytic copper. That is the quality of copper used to determine the melt price. A smelter would, if they could be melted legally, discount the buy prices paid for the copper alloy in Lincoln cents to a point where there would be a small profit but not nearly as much as you suggest. The alloy has to be cleaned up and that is expensive for a refiner to do.[/QUOTE]
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