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<p>[QUOTE=&quot;NumisNinja, post: 3154719, member: 94566&quot;]I just ran the math based on the spot price of copper @2.78/lb and estimated about 3 grams of copper in a penny. It comes out to roughly 1.75 cents worth of copper per penny. </p><p><br /></p><p>Keep in mind people do trade copper penny poundage at a premium associated with bullion value, evidently in anticipation that one day melting them will be permitted. I heard they charge 11 percent to melt down gold, but not sure what it would be for pennies should that day come.[/QUOTE]</p><p><br /></p>

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