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Copper content of 59-81 Lincoln Memorial cents?
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<p>[QUOTE="marhjan, post: 50479, member: 3028"]Just how much copper is in those 95% copper pennies from 1959-1981/2?? Is it time to start hoarding them? they were 95% copper, so I get a total of 2.9545 grams per coin. I have no idea how to figure out how many grams per ounce/ and or pound, as my Google searches seem to have both 31.104 grams/oz and 28.45 grams/oz. So, which is it?? also the current spot of copper is about $1.4285 (per pound I am assuming/ it can't be per ounce right?)</p><p><br /></p><p> Anyway, I've seen some posts about the copper value of those pennies being nearly $0.01 now, and if that's the case, I'd think it'd be good to start hoarding them now, before they cross the threshold. Just remember how people who hoarded silver coins early made out. Just a thought, anyone have answers/ideas/advice?? thanks!</p><p><br /></p><p> -marhjan[/QUOTE]</p><p><br /></p>
[QUOTE="marhjan, post: 50479, member: 3028"]Just how much copper is in those 95% copper pennies from 1959-1981/2?? Is it time to start hoarding them? they were 95% copper, so I get a total of 2.9545 grams per coin. I have no idea how to figure out how many grams per ounce/ and or pound, as my Google searches seem to have both 31.104 grams/oz and 28.45 grams/oz. So, which is it?? also the current spot of copper is about $1.4285 (per pound I am assuming/ it can't be per ounce right?) Anyway, I've seen some posts about the copper value of those pennies being nearly $0.01 now, and if that's the case, I'd think it'd be good to start hoarding them now, before they cross the threshold. Just remember how people who hoarded silver coins early made out. Just a thought, anyone have answers/ideas/advice?? thanks! -marhjan[/QUOTE]
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Copper content of 59-81 Lincoln Memorial cents?
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