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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.
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∙ 11y ago
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Are there any 1943 copper pennies still out there?
yes I have 1 1943 copper pennies, but if you find one make sure it is not a 1948 with the 8 cut down and yes its a copper pennies
What is the value of a silver penny1941?
American pennies have been copper in every year except 1943, when copper was scarce and pennies were made of steel. These days, pennies are more zinc than copper.
What is a1943 copper penny worth?
Over a million dollars if it is genuine. However, the vast majority of "copper" 1943 pennies are simply genuine copper pennies of later dates with their date modified to read 1943 or 1943 steel pennies with a thin layer of copper.
Are us penney coins pure copper?
No, pre-1982 pennies are 95% copper and post-1982 pennies are made out of mostly zinc with a thing copper coating
Why did the us stop making pennies out of copper?
Due to the rising price of copper, pennies were worth more than face value.
What is the importance of copper?
copper is important because it makes pennies and pennies are good
What are the most important uses of copper?
Making pennies!
When 12 copper pennies are submerged in water the pennies displace 4.13 cm3 of water If the combined mass of the pennies is 36.93 g what is the density of copper?
You cant't figure this out using copper pennies. Pennies are not 100% copper.
Does a penny have gold?
No, pennies do not contain gold. Modern pennies are mostly zinc with a little copper, older pennies are mostly copper with a little zinc.
How many copper pennies equal a pound?
240 copper pennies equal a pound.
What material is use to make pennies?
copper. That is why they call them copper pennies. There is also a zinc coating on the pennies be more specific dude
Do new pennies still have copper in them?
pennies these days are not completely made of copper they are just dipped in copper giving them that finished look
Are there any 1943 copper pennies still out there?
yes I have 1 1943 copper pennies, but if you find one make sure it is not a 1948 with the 8 cut down and yes its a copper pennies
When did pennies stop being all copper?
1860 The last copper pennies were made in England, and the same year the first bronze pennies were made.
What is the value of a silver penny1941?
American pennies have been copper in every year except 1943, when copper was scarce and pennies were made of steel. These days, pennies are more zinc than copper.
What can be made out of copper?
pennies
What is pipes and wires made of and pennies?
The metal copper- however, US pennies are now copper plated zinc.
