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<p>[QUOTE="dltsrq, post: 4906148, member: 75482"]The melting or export of cents and nickels was banned in late 2006 when the price of copper became an issue. The stated reason was to prevent a shortage. As far as I know, the law is still in effect. Some are apparently hoarding coins in anticipation of eventual repeal.</p><p><br /></p><p><a href="https://www.federalregister.gov/documents/2006/12/20/06-9777/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.federalregister.gov/documents/2006/12/20/06-9777/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins" rel="nofollow">https://www.federalregister.gov/documents/2006/12/20/06-9777/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins</a></p><p><br /></p><p><a href="https://www.federalregister.gov/documents/2007/04/16/E7-7088/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.federalregister.gov/documents/2007/04/16/E7-7088/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins" rel="nofollow">https://www.federalregister.gov/documents/2007/04/16/E7-7088/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins</a>[/QUOTE]</p><p><br /></p>
[QUOTE="dltsrq, post: 4906148, member: 75482"]The melting or export of cents and nickels was banned in late 2006 when the price of copper became an issue. The stated reason was to prevent a shortage. As far as I know, the law is still in effect. Some are apparently hoarding coins in anticipation of eventual repeal. [URL]https://www.federalregister.gov/documents/2006/12/20/06-9777/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins[/URL] [URL]https://www.federalregister.gov/documents/2007/04/16/E7-7088/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins[/URL][/QUOTE]
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Why keep the copper?
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