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<p>[QUOTE="cpm9ball, post: 3005075, member: 24633"]Honestly, copper cents are actually worth less than one cent in copper value. That is because the cent is an alloy, and Grade A copper is pure. It costs money to extract the copper from the cent, and most reclamation centers only pay about 25% of the price of Grade A copper for them.</p><p><br /></p><p>Of course, you won't get a quote from any reclamation center if you ask what they are paying for copper cents because it is illegal to melt them. However, they will tell you what they pay for alloyed copper.</p><p><br /></p><p>FYI, there are about 142 cents per pound. At 25%, you do the math.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 3005075, member: 24633"]Honestly, copper cents are actually worth less than one cent in copper value. That is because the cent is an alloy, and Grade A copper is pure. It costs money to extract the copper from the cent, and most reclamation centers only pay about 25% of the price of Grade A copper for them. Of course, you won't get a quote from any reclamation center if you ask what they are paying for copper cents because it is illegal to melt them. However, they will tell you what they pay for alloyed copper. FYI, there are about 142 cents per pound. At 25%, you do the math. Chris[/QUOTE]
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