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<p>[QUOTE=&quot;muhfff, post: 7651875, member: 71559&quot;]The #2 copper is 94-96% pure. </p><p>US 1-cent coins were 95% pure, so they are #2 copper.</p><p>Canada 1 cent coins were 98% pure, but i think they would be also #2 copper</p><p><br /></p><p>1 pound is roughly 146 US cents ($1.46) or 140 Canadian cents ($1.40)</p><p>If the #2 copper costs more than $1.46 in scrapyard, then it would be profitable to sell US pennies for scrap. For Canadian cents the price can be lower.</p><p>#2 copper is roughly $3 dollars at the moment (depending of the location of course).</p><p><br /></p><p>So, even today it would be profitable to sell 1-cent coins for scrap. However, I&#039;m not American, but according to my knowledge it is illegal to melt the US 1-cent coins for profit (at least currently).[/QUOTE]</p><p><br /></p>

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