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<p>[QUOTE=&quot;Ordinary Fool, post: 2668004, member: 85318&quot;]I don&#039;t have any need to and personally know several owners of local scrap yards.</p><p><br /></p><p>Research how many of them gave the going spot buy price for melted pennies when copper was 4 bucks a pound.</p><p><br /></p><p>A few buyers and sellers managed to get criminally charged, at least in this area.</p><p><br /></p><p>I&#039;m not interested in melting them anyhow.</p><p><br /></p><p>A penny has more intrinsic value than a paper note, whose recycle value is how much a ton?</p><p><br /></p><p>Bottom line, I&#039;d rather have a copper roof, alloyed or not, than one made of shredded fiat notes.</p><p><br /></p><p>&quot;The Treasury Department approves the use of shredded currency in certain circumstances. One permitted use is recycling it (mixing it with other materials) to form a useful manufactured product such as roofing shingles or insulation. In addition, the shredded currency may be placed in firmly sealed containers as novelty items like pens, ornaments and jewelry. However, the Treasury will allow companies or other parties to sell the shredded currency in its original form or where it is readily not recoverable. &quot;</p><p><br /></p><p><a href="http://papermoneyguide.com/faq.htm#11" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://papermoneyguide.com/faq.htm#11" rel="nofollow">http://papermoneyguide.com/faq.htm#11</a></p><p><br /></p><p>I&#039;ll give you objectors this, your objection is reasonably consistent despite your never proving what a copper penny is or is not worth. Certainly, you haven&#039;t proven that when people do purchase large bulks of sorted copper pennies, paying more than face, they are losing money. Gee, what if they go thru and check them and find key dates, valuable varieties and errors before they all end up melted and very few exist?[/QUOTE]</p><p><br /></p>

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