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Can you melt down copper cents?

Updated: 9/22/2023
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11y ago

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yes

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Q: Can you melt down copper cents?
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What does melt value mean?

The melt value of something is the value of the metal itself. For example, a 1964 nickel has a melt value of 5 cents because 1.8 cents worth of nickel and 2.7 cents of copper.


Why are copper pennies important?

Because they are worth more than face value. All US pennies dated 1981 and prior are 95% copper and are worth ~2 cents in copper scrap. Although it is currently illegal to export coins for melting or to melt them in the US, some people hoard them (usually paying ~1.6 cents a penny) in anticipation that the melt ban will be lifted soon and the cents then could be melted down for a profit.


Why do pennies from the 1970's have a greater mass than pennies from the 1990's?

Because Lincoln cents until 1982 (Some 1982 cents are copper, others are zinc) were struck in 95% copper, starting in 1982 they are made of mostly zinc with a small plating of copper. Since copper has a greater mass than zinc they weigh more. Copper pennies are also worth more than zinc pennies, if it was legal to melt them down, you could get about 2 cents for every copper penny but only about half a cent in scrap for zinc pennies. However, at the time being it is illegal to melt down US pennies in the US or export them to be melted down.


What value is the copper in an old penny?

Pre 1982 and some 1982 cent coins are mostly copper. Copper is a commodity traded on a daily basis si the actual price changes daily. An old copper penny has about 3 cents of copper in it, but before you rush down to melt all those copper cents you need to know that congress by law has made it isillegalto do so.


Is it legal to melt down 1964 Kennedy 50 cents coins for scrap silver?

Yes, it is legal to melt down silver coins for scrap. Many coin dealers and jewelry stores will buy them from you at melt prices along with refiners. The only coins illegal currently to melt down in the US are pennies and nickels. Silver coins were illegal to melt down before a lot of copper-nickel coinage was circulating but it is legal now.


Can you sell pennies for copper?

It's currently illegal in the US and Canada to melt old bronze cents for their copper content. In any case the wholesale price of copper is such that you'd have to melt huge quantities of them to make any kind of profit.


Value of copper penny?

A copper penny is worth about 2 and a half cents, however, due to the fact it is illegal to export or melt pennies for copper, there are very few people who will buy them.


What is the copper value of copper pennies?

Cents made after mid-1982 are mostly zinc so they have essentially no copper value. Lincoln cents made up to mid-1982 (except of course for 1943 steel cents) are bronze which is 95% copper plus tin and/or zinc. They contain about 3 grams of pure copper which is worth a bit less than 3 cents as of the prices in 2011. However older cents may be worth much more as collectors' items, and in any case it's illegal to melt pennies. This, however, does not stop people from selling them in hopes that the melt ban will be lifted, however, finding a buyer for copper pennies is tough but not impossible.


What is the melt value of a buffalo nickel?

All US nickels (except for silver war nickels) are 75% copper and 25% nickel, with a present melt value of 4.9 cents.


Who melts down pre 82yr pennies?

Nobody. It's illegal to melt down Lincoln cents.


How your CRT monitor is recycled?

They take them apart and then melt down the parts for lead and copper.


What tepreature do pennies melt at and what do you use to melt them?

First of all, it is illegal to melt down any U.S. currency. However, if the penny is fully copper, which most are not anymore, you will need a device that gets up to 2000 degrees F to melt it down.