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It depends VERY much on their date, condition, and mint mark.

Numismaticly, modern cents from the 1950s to today are only worth a penny. Older ones may or may not have more value as collectibles. When you get back to cents from the 1930s and earlier, most but not all of them are worth more to collectors. Go to a site like http://www.numismedia.com/fmv/fmv.shtml and look for their price guides as a start.

However the question about selling them for scrap is moot for two reasons. First a dealer would be paying wholesale and you'd need buckets and buckets of coins to make it worth their while to melt them, because scrap dealers need to work in bulk. Second and more importantly, it's illegal to melt cents and nickels so any scrap dealer who dealt in them would be putting their job at serious risk.

But IF you did collect pennies that are pre 1982, then the value of your collection materially would be 2.5 times the face value of the coins. This is because the price of copper is close to $4 per pound and pre 1982 pennies are 95% copper.

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13y ago
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13y ago

Old Pennies, no longer in circulation, that are in good condition or better, would be worth at least a few Pennies, possibly much more depending on country, year, condition, place of minting and a number of other criteria.

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13y ago

I can't be 100% sure, but their is a thing in cort about being able to melt pennies.

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12y ago

It cost about 2.5 cents to make a penny. If you try to sell them as scrap it will cost you about 10 years in a Federal prison.

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11y ago

it depends on the date on it

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Q: Are any old pennies worth more than their face value?
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