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<p>[QUOTE="medoraman, post: 1351761, member: 26302"]I disagree Guy. There is no "law", only a treasury rule that has not been tested in courts. I believe when the percentage of copper cents in circulation becomes low enough they will simply repeal it, or if copper becomes valuable enough someone will contest it and win. Either way in the future they will be legal to melt if you wish. Same with nickels. If they change the composition they will keep this rul in place long enough until old nickels are a small percentage of all nickels, or someone will challenge the rule and win in Federal court. Coinage has long been held to be personal property, and the only right the government has a say in is to prevent manipulation for fraudulant purposes.</p><p><br /></p><p>My problem is to have any quantity of copper worth anything takes up too much space. I have bags of wheat cents I have drug around for years, and they take up too much room as well.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1351761, member: 26302"]I disagree Guy. There is no "law", only a treasury rule that has not been tested in courts. I believe when the percentage of copper cents in circulation becomes low enough they will simply repeal it, or if copper becomes valuable enough someone will contest it and win. Either way in the future they will be legal to melt if you wish. Same with nickels. If they change the composition they will keep this rul in place long enough until old nickels are a small percentage of all nickels, or someone will challenge the rule and win in Federal court. Coinage has long been held to be personal property, and the only right the government has a say in is to prevent manipulation for fraudulant purposes. My problem is to have any quantity of copper worth anything takes up too much space. I have bags of wheat cents I have drug around for years, and they take up too much room as well.[/QUOTE]
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