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<p>[QUOTE=&quot;NorthKorea, post: 1996672, member: 29643&quot;]When Cu was trading above $4 per pound, it could have made sense to sort 95% Cu pennies. You could fill a small flat rate box with ~20-24 rolls of pennies, so at about three rolls per pound, it was somewhat economically viable (again, if your cost of sorting worked out low enough) to sell them by the box.</p><p><br /></p><p>One small flat rate box of pennies would sell for $20-$25. $5.75 for the shipping, $2.50 to eBay, and 75-cents to Paypal meant ~$9 in fees per package sold. If you assume 25% recovery rate on your pennies, you can probably get a roll of 95% Cu pennies every five minutes. So, 12 rolls per hour would mean two hours of labor per box of pennies. If you could justify $3 per hour, through slave labor in the form of children or interns, then it could make sense. Beyond that, I suppose if you had the capacity to sort TONS (literally) of pennies at a time with a machine, you might be able to squeeze $50 per processed ton. Outside of those two unlikely scenarios, sorting pennies had no real value. By contrast, stacking nickels had some value for a while. They required no sorting effort, and a $2 roll of nickels was worth ~$2.50 in nickel. Of course, if you didn&#039;t have an immediate source to liquidate to, you&#039;d incur storage costs, which meant you were likely losing money, as nickel isn&#039;t dense enough to make storage viable.[/QUOTE]</p><p><br /></p>

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