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<p>[QUOTE=&quot;Blaubart, post: 1528459, member: 37498&quot;]It just isn&#039;t that simple.&nbsp; Unless of course you were reporting to the Treasury that you were destroying currency.&nbsp; Considering the fact that it is currently illegal to melt pre-1982 pennies, I assume you wouldn&#039;t be reporting anything to them.</p><p><br /></p><p>To understand why it isn&#039;t that simple, for starters you should read up on how currency is released into the economy, how the government is reimbursed for the cost of producing currency and what effects releasing more currency into the economy has on the value of that currency.</p><p><br /></p><p>I&#039;m not sure which you should study first, but don&#039;t forget that you still need to look into the basic principles of metal refining too.</p><p><br /></p><p>Here&#039;s another thing to consider.&nbsp; As others mentioned, all pennies aren&#039;t 95% copper.&nbsp; Currently, they make up about 15% of the pennies in circulation.&nbsp; If you go through with this, you will need to:</p><p><br /></p><p>- Find a source where you can obtain pennies in very large quantities.</p><p>- Design and build some sort of industrial sorting device to weed out the post 1982 pennies.&nbsp; (The junk sorters you can buy on FeeBay will not fit the bill)</p><p>- Find another place to cash in very large quantities of those post 1982 pennies, perferably where you&#039;ll never see them again.</p><p>- Develop a refining process that will actually work.&nbsp; (hint: When you melt a pre-1982 penny, the zinc doesn&#039;t simply rise to the surface)</p><p>- Cast your copper into a marketable form.</p><p>- Find someone to buy your copper.</p><p><br /></p><p>It just doesn&#039;t seem worth it to me at the current price of copper...</p><p><br /></p><p>Keep in mind that this is all coming from a guy who currently has about fifty pounds of pre-1982 pennies.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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