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<p>[QUOTE=&quot;Tinpot, post: 1609351, member: 35836&quot;]I don&#039;t see how you are making cents? Pun intended</p><p><br /></p><p>Say the melt ban is reduced in 10 years and the price of copper doubles during that time period. From current 3.63 a pound, to 7.26 a pound.</p><p><br /></p><p>The copper value in a penny is currently 2.4 cents, so after the 10 years and doubling you&#039;d have 4.8 cents. Let&#039;s say since you have a large quantity of copper the melter pays you 66.6% of spot. (i think this is reasonable for a large quantity transaction.)</p><p><br /></p><p>So your copper penny gets you 3.2 cents each. Say you sorted a million pennies yourself with one of those coin sorters . (so $10,000 fv)</p><p><br /></p><p>Your $10,000 face value investment (plus your time and gas getting back and forth from the bank), turned into $32,000 under this realistic scenario. </p><p><br /></p><p>I&#039;m not saying its a brilliant idea because it does take time, effort and storage space. But it is practically a risk free investment. (other than losing your time and gas if copper never goes up in price or the melt ban is not lifted)[/QUOTE]</p><p><br /></p>

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