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Does Fed melt bronze for profit?
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<p>[QUOTE="gatzdon, post: 289407, member: 8247"]Would be really nice if they handled it the same as the Eisenhower. Keep reissueing them until people stop cashing them in. Unfortunately, I think they only did that because the melt is less than the $1 they get from sending them back out. With the penny, they would be buying them for 30 to 70 percent of melt value. As mentioned, they wouldn't even have to sort them to realize a profit.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 289407, member: 8247"]Would be really nice if they handled it the same as the Eisenhower. Keep reissueing them until people stop cashing them in. Unfortunately, I think they only did that because the melt is less than the $1 they get from sending them back out. With the penny, they would be buying them for 30 to 70 percent of melt value. As mentioned, they wouldn't even have to sort them to realize a profit.[/QUOTE]
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