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Is the copper that was used for the wheat symbol pennies dated from 1950 and up worth some money?
Wiki User
∙ 15y ago
Cents were made of copper during most of the period from 1792 to 1982, not just 1950 onward. Yes, the copper in pre-1982 cents is worth more than face value but not enough to make it profitable to melt them. You would need a VERY large number of coins and even so, the costs of melting, selling, etc. would eat up most or all of the profit. Also, for what it's worth, in numismatic terms the wheat ears are considered to be a design rather than a symbol. At the end of 2007 copper was selling for $3.00/pound. A pre-1982 penny weighs 3.11 grams (97.5% of which is copper) It takes about 148 of these pennies to make a pound. This is based on a pound being equal to 454 grams.
Wiki User
∙ 15y ago
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How much money 47 pounds of pennies worth?
No way to answer, because there are at least 2 common types of US pennies. There are approximately 145 copper pennies in a pound.There are approximately 181 copper plated zinc pennies in a pound.
What s pennies are worth money?
A 1943 copper penny is known to be worth a lot of money,
How much money are the 1947 copper pennies worth?
Average value is 2 to 3 cents.
What is american money made of?
The dollar bills are made of cotton and linen, despite the fact that we call it paper money. Pennies are zinc coated with copper. Nickels, quarters, and dimes are a mix of nickel and copper.
What is the best to remove copper from pennies?
You could use a grinder, or any chemical which dissolves copper, and you will reach the zinc, since the copper is just a thin layer. Technically speaking, however, defacing money is illegal.
How much money is the most expensive penny worth?
1.7 Million dollars, that was what a collector recently paid for a 1943 copper penny made at the Denver mint, the only known 1943 copper penny struck there (keep in mind that the 1943 pennies were struck in steel, the copper 1943 pennies are errors).
Are pennies rocks?
No Pennies are money.
Why does soda clean pennies?
It contains phosphoric acid. The acids dissolve the gunk & corrosion on the penny.
How much does 300 pennies equal in money?
In the UK 300 pennies = 3 pounds
How much money does a metal penny cost?
It depends on the year the penny was made, pre-1982 pennies are worth about $.023 in raw metals because they are 95% copper, post-1982 pennies are worth about $.005 in metal because they are mostly zinc with a thin copper coating. In 1982 the US made both zinc and copper cents the difference can be detected by weight, the copper cents weigh a bit more than the zinc cents.
What is 50000 pennies worth in money?
At 100 pennies to the dollar, 50,000 pennies makes $500.
How Much Money Is 100000 pennies?
100,000 pennies=1,000 dollars
