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<p>[QUOTE=&quot;Conder101, post: 2484607, member: 66&quot;]The metal value has to exceed the face value plus the cost of melting and refining, and it has to stay at that level for awhile.&nbsp; Once it exceeds the face value people may hoard but they won&#039;t get melted.&nbsp; And yes the melting point is low enough that people could melt them down into ingots at home, but what are they going to do with these unmarked mixed alloy ingots?&nbsp; A metal recycler&nbsp; presented with them is going to buy them at a steep discount due to the uncertain alloy and the refining costs.&nbsp; They would probably pay better for unmelted cents (if melting them was legal).</p><p><br /></p><p>The zinc cent has been a money loser for the government since 2005.&nbsp; It should have been out long ago.&nbsp; (With it&#039;s low purchasing power it should have been scrapped back in 1982 instead of ever producing the Zincolns. and they are only worth about a third now of what they were then.)</p><p><br /></p><p>Lately the price of making the cent has been declining, it is only 1.4 cents now compared to the 2.4 cent it was in 2006.&nbsp; The manufacturing and distribution cost was .7 cents apiece last year&nbsp; So anytime zinc is over 55 cents a pound they will cost more than the face value to make. (assuming manufacturing cost don&#039;t rise.)[/QUOTE]</p><p><br /></p>

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