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<p>[QUOTE=&quot;cladking, post: 3124168, member: 68&quot;]Recyclers pay so little because like all American business now days they want all the profits for themselves.&nbsp; If it were legal to melt pennies the wholesale price would be up near 2c each.&nbsp;&nbsp; They would not be refined but rather used to make alloy and for chill scrap.&nbsp; </p><p><br /></p><p>Most individuals will have some difficulty getting a fair price but there are lots of minor consumers of copper outside industry who would advertise for pennies and pay a more substantial price.&nbsp; </p><p><br /></p><p>At 2c each shipping eats up much of the value unless you can use large shipments.&nbsp; </p><p><br /></p><p>It might be a little presumptuous of me to assume most of the copper hoards will end up getting melted but I am assuming copper prices will continue to be subject to the same inflation that has already eliminated the value of pennies.&nbsp;&nbsp; Despite massive increases in the monetary base there has been relatively tame inflation for years.&nbsp; This is unnatural and probably can not continue much longer.[/QUOTE]</p><p><br /></p>

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