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<p>[QUOTE=&quot;Conder101, post: 409680, member: 66&quot;]First comment, copper is not measured on the troy scale so there are 16 standard oz to the pound for copper, not 12 troy oz.&nbsp; So there are 146 copper Lincolns to the pound not 130, and if you want the lot to actually contain a pound of copper then it has to be 154 coins.</p><p><br /></p><p>While it is currently illegal to melt the cents, once the copper cents make up a tiny amount of the cents in circulation (or a little while after the cent is discontinued) the no melt law will probably be repealed.&nbsp; (Back in the mid to late 60&#039;s it was also illegal to melt down the silver coins as well, but in the early 70&#039;s after all of the silver had disappeared from circulation the law was repealed.)&nbsp; These laws are in place simply to stop massive withdrawal of the coinsfrom circulation which would cause a major coin shortage and difficulties to the economy.&nbsp; Once they are all out of circulation from natural attrition melting them own has no effect on the economy and so there is no reason to prevent it.</p><p><br /></p><p>Also by making it illegal it helps to keep them in circulation longer which gives the government more time to pull them out for melting on th governments account.&nbsp; That was the case with the Fed and silver coins in the late sixties.&nbsp; While the government was trying to assure us that the clad and silver would circulate side by side for many years to come, all of the dimes, quarters, and halves that came back through the Feds hands were put through a seperator and only the clads were sent back out to the banks.[/QUOTE]</p><p><br /></p>

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