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What else can I help you with?
Who melts down pre 82yr pennies?
Nobody. It's illegal to melt down Lincoln cents.
What tepreature do pennies melt at and what do you use to melt them?
First of all, it is illegal to melt down any U.S. currency. However, if the penny is fully copper, which most are not anymore, you will need a device that gets up to 2000 degrees F to melt it down.
How do you melt pennies?
Melting pennies is illegal as it is considered defacing currency. Additionally, the melting point of modern pennies (made mostly of zinc with a copper coating) is very high and can release toxic fumes. It is best to find a legal and safe way to dispose of unwanted pennies.
Is it legal to melt down 1964 Kennedy 50 cents coins for scrap silver?
Yes, it is legal to melt down silver coins for scrap. Many coin dealers and jewelry stores will buy them from you at melt prices along with refiners. The only coins illegal currently to melt down in the US are pennies and nickels. Silver coins were illegal to melt down before a lot of copper-nickel coinage was circulating but it is legal now.
Why do some people hoard copper pennies?
The idea is to save copper pennies because their melt value is higher than face value. If the U.S. government eventually makes it legal to melt old pennies, then said hoarders can sell their pennies at a profit.
Are pennies safe to melt?
I would think so
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.
How do you melt a penny with a microwave?
Conventional ovens do not reach the temperatures necessary to melt pennies.
Why do pennies from the 1970's have a greater mass than pennies from the 1990's?
Because Lincoln cents until 1982 (Some 1982 cents are copper, others are zinc) were struck in 95% copper, starting in 1982 they are made of mostly zinc with a small plating of copper. Since copper has a greater mass than zinc they weigh more. Copper pennies are also worth more than zinc pennies, if it was legal to melt them down, you could get about 2 cents for every copper penny but only about half a cent in scrap for zinc pennies. However, at the time being it is illegal to melt down US pennies in the US or export them to be melted down.
Why is it illegal to melt pennies and nickels?
It is illegal to melt nickels and pennies because their metal value is higher than their face value. So if people would keep all their nickels and pennies and melt them they would make a lot of money. Plus it would cause a penny and nickel shortage.
What cleans pennies best ketchup or hot sauce?
neither just melt the pennies then make a new one :)
Can copper pennies be melted down?
It is illegal to melt down pennies or nickels at this time. Currently the penny is only made of 2.5% copper with the rest zinc. However, prior to 1982 pennies were predominately made of copper. A pre-1982 penny is currently worth about 2 cents.
