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It depends on its date.
Modern (mid-1982 to the present) cents are 97.5% zinc with only a thin coating of copper that's worth maybe 1/30 of a cent.
The copper in bronze-composition US cents (up to mid-1982) is in fact worth about 1.5¢ to 1.8¢ at current market prices, but (a) it's illegal to melt them for scrap and (b) even if melting were legal, you'd only be paid wholesale prices which wouldn't cover your collection and transportation costs. Also, because they're made of bronze, not pure copper, whoever bought them would have to separate out the different metals during the smelting process.
On the other hand, many BUT NOT ALL older-date cents can be worth more to a collector. The range of values is extremely wide, from a nickel for a worn version of a common coin all the way up to many tens or even hundreds of thousands of dollars for a particularly rare date.
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How much is a 1957 wheat penny with the letter D worth?
It's worth two cents for the copper. They made more than a billion of them.
What us pennies are worth more than a penny?
Two pennIes
Why get rid of the penny?
There has been talk of eliminating the US penny for many years. Before they switched from the bronze alloy penny to the copper clad zinc penny it cost about 3 cents to mint every penny. Even the copper clad zinc penny costs more than a penny to mint. Of all standard issue US coinage only the nickel (5¢) and the penny cost more than their face value to mint.
Why is are penny worth so much more than others?
the penny is worth more then ant other coin because it is now done being made due to its age
What is the value of a 1972 bronze penny?
Unless it's uncirculated or proof, one cent. Technically it contains a bit more than 1 cent worth of copper but it would cost you far more than that to recover and sell it, as well as being illegal.
Why did they change the penny's materials?
with rising costs of copper and labor it cost more than a penny than a pennyis worth
Is a copper us cent worth more than a penny?
A solid copper penny is worth more than one cent. This has been true for a long time, and is why modern pennies are made primarily of zinc, and only plated with copper. In currency they are about up to par, but in scrap metal, who knows, you may be able to get more bang for your buck.
How much is a 1957 wheat penny with the letter D worth?
It's worth two cents for the copper. They made more than a billion of them.
What pennies are valuable?
any copper penny is worth more than its face value.
Is a coper penny a conductor or insulator?
A copper penny (is more an alloy than pure copper) is a conductor of electricity.
How much is a penny worth in metal?
Just a little more than $0.01... It actually costs the government more than a penny to make a penny, but it's only like a quarter of a cent difference. Any pennies minted before 1982 are solid bronze (95% copper), and are worth more in scrap than newer ones.
How much will a penny from the 1950's be worth in the future?
Not too much more than they're worth now, unless the price of copper significantly increases.
Why did the composition of the US penny change?
Because the rise in value of copper made pennies worth more than one cent.
Can you use pennies for copper?
Actually, it is illegal. The metal in a penny is worth more than a penny. However, quarters made before 1974(I think), can be sold for their weigth in silver.
Why is a 1945 penny worth so much?
Old coins are valuable because they're old and rare. The 1945 penny isn't worth remarkably more than other coins of its approximate age (in fact, it's worth a lot less than a 1944 steel penny, or a 1943 copper penny, both of which are extremely rare).
Is a copper penny of 1943 a higher value than a penny of 2007 or a lower value?
If it is copper, than it is worth thousands of dollars: unless it is a fraud which you can find out by placing it on a magnet. It will stick if it is fake. If your penny is silver colored, if uncirculated, it is worth about a dollar. if circulated, about 25 cents.
What was 1 cent worth in 1896?
In 1896 a penny was worth a penny. If you have a penny dated 1896 then it is worth more than that.
