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What is worth more 1908 pennies 1960 pennies 1990 pennies 2006 pennies 2007 pennies or any penny that is melted down and sold as scrap metal?
Wiki User
∙ 15y ago
1908 pennies Cents from 1908 have a collector value of at least 75¢, probably more. 1960 cents are made of copper but are so common that they aren't worth more than maybe 2 or 3 cents unless they're uncirculated. Cents made from mid-1982 to today are copper-coated zinc and are worth 1 to 1.5 cents as scrap. Besides, it's illegal to melt them.
NOTE: This question is a typically a trick question. Consider that the year numbers are actually just numerical values, since there is no part of question that specifically states the numbers are years. In that case, two-thousand and seven (2007) pennies are worth $20.07; more than 1908 pennies which are only worth $19.08. Each penny is only worth a cent.
Wiki User
∙ 15y ago
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When you adjust for inflation what is the worth more 1908 pennies 1960 pennies 1990 pennies 2006 pennies 2007 pennies or any penny melted down and sold as scrap metal?
Based on melt value alone, any Lincoln cents minted before 1982 are worth about 2 cents each for their copper content.
Any penny melted-down and sold as scrap metal?
It is illegal to melt U.S. pennies for copper. You can go to the United States Government mint site www.usmint.gov for more information. Every penny made before 1982 is 95% copper, and thus is worth 2.5 times its face value.
Can lids are used for what?
they are melted and sold as scrap metal
Is a penny heavy scrap or bare copper?
If you are referring to U.S. pennies, it is illegal to melt them and has been since 2006.
What does it mean to find pennies on your doorstep?
Traditionally, finding a penny is a sign of good luck. However, in Canada, where pennies are about to be phased out, finding pennies on your doorstep will soon mean that someone thinks you are in the scrap copper business.
What is the scrap value of a British copper Penny?
British copper Pennies were last minted in 1860. If you have a Penny that old in good condition, you might be better off taking it to a reputable coin dealer for a valuation. Alternatively, the scrap value might be a few pence.
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.
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.
What are scrap metal selling for a pound?
There are many types of scrap metals. There are ferrous scrap metals and there are non ferrous scrap metals as well as precious metal scrap and exotic metal scrap. Each type of scrap metal sells for a different price per pound. Also depending on the grade of the scrap metal (prepared, unprepared, stripped, etc.) and your location in the world, the price of scrap metal will vary. Supply and demand also dictates the price of scrap.
What is the good points of recycle?
Less stuff going into landfills. Less energy being used on refining metals from ores, when scrap metal can be collected and melted down instead. Less mining to be done when metals can be collected from scrap.
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.
When was Scrap Metal - band - created?
Scrap Metal - band - was created in 1983.
