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Assuming that you as referring to US dollars and cents, and that you are referring to pounds avoirdupois as a measure of weight (rather than British Pounds sterling as British currency), the answer depends on when the pennies were produced.

Prior to 1982, pennies were 95% copper and 5% zinc, and 147 weighed a pound. Thus, 50 pounds would be worth about $73.50 face value (although the copper value would be perhaps double that).

After 1982, pennies were 2.5% copper and 97.5% zinc, and 181 weighed a pound. Thus, 50 pounds would be worth about $90.50 face value.

In 1982, both types were produced.

1943 pennies (made of steel coated with zinc) might skew your numbers a bit - 168 weigh a pound, and fifty pounds would be worth about $84.07 face value (although the numismatic value would likely be several times that number).

The initial Indian Head pennies (before 1864), Flying Eagle cents, and of course the old Large Cents, would all have different weights than those stated above.

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