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Advice - Bucket of Coins 60s 70s 80s
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<p>[QUOTE="cladking, post: 3994918, member: 68"]Perspective is everything. </p><p><br /></p><p>The copper in the pennies is worth a couple cents each but they are illegal to melt and even if they were legal most people would have to sell them to greedy scrappers who retain most of the value as profit and to cover expenses. But the simple fact is that if you need this quantity of copper then it's worth 2c. I can assure you many are being used for washers, conductors, floors, and various other such purposes that are perfectly legal. And some are being used for more quasi-legal purposes like bronze for castings in art classes or home projects of various types. The law is set up principally to stop a market from forming in scrap copper that would rapidly cause huge increases in the number of zinc garbage to be made by the mint. </p><p><br /></p><p>One man's garbage is another man's treasure and pennies are worth a lot more than 2c if you need to bridge the gap between a contact and an oversized connector. And this goes many times over if your stranded with nothing but change and a dead battery.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 3994918, member: 68"]Perspective is everything. The copper in the pennies is worth a couple cents each but they are illegal to melt and even if they were legal most people would have to sell them to greedy scrappers who retain most of the value as profit and to cover expenses. But the simple fact is that if you need this quantity of copper then it's worth 2c. I can assure you many are being used for washers, conductors, floors, and various other such purposes that are perfectly legal. And some are being used for more quasi-legal purposes like bronze for castings in art classes or home projects of various types. The law is set up principally to stop a market from forming in scrap copper that would rapidly cause huge increases in the number of zinc garbage to be made by the mint. One man's garbage is another man's treasure and pennies are worth a lot more than 2c if you need to bridge the gap between a contact and an oversized connector. And this goes many times over if your stranded with nothing but change and a dead battery.[/QUOTE]
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