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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.

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โˆ™ 2008-09-27 00:45:57
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Q: Is the copper that was used for the wheat symbol pennies dated from 1950 and up worth some money?
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A 1943 copper penny is known to be worth a lot of money,

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Average value is 2 to 3 cents.

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It was an ancient tradition that dated back to when the British isles used Roman currency (denarius).

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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.

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