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At the moment the price of copper is US$7,230 per metric tonne. The price of silver is about US$28.10 per Troy ounce, which is US$899,000 per metric tonne.

Silver is about 124 times the price of copper.

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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.


Is a 1922 Silver Dollar coin all silver?

No it's 90% silver and 10% copper with out the copper the coin would be to soft to use


When did copper get added to silver coins?

Copper has almost always been used in silver coins, because pure silver wears out faster.


How much is an American 1891 dollar worth in sterling silver?

Circulating US coins were struck in "coin silver" which has more copper in it than sterling silver. The extra copper was needed to make the coins hard enough to not wear out quickly. Please see the Related Question.


Why is the US dime smaller than the US penny?

Because of what the coins were made out of. In fact, the penny used to be much larger, about the size of a half dollar! Early British pennies were even larger, weighing an ounce and being larger than a silver dollar! But the dime until 1965 was minted in 90% silver and the penny up to 1982 was minted in copper. Because copper was quite a bit more common and less expensive than silver, a copper coin had to be larger to have about 1 cent's worth of copper in it. On the other hand, 10 cents worth of silver (or close to it) was rather tiny. Thus the penny was large and the dime was small. Since the penny is no longer even made out of copper (it is now copper plated zinc) and the dime stopped being made out of silver a long time ago, today it is more of a curiosity. It is also for this reason that the nickel is larger than a dime, because the first 5 cent pieces were known as half dimes and were the same size as half a dime and were minted in silver. However, in 1866, the US government decided to strike 5 cent pieces out of 75% copper and 25% nickel (the same alloy used today) and because copper and nickel were more common than silver, the coin was increased in size to compensate for that.

Related Questions

If silver is a better conductor than copper then why is copper wire used in daily life instead of silver wire?

The price of copper today is $3.43 a pound. The price of silver today is $12.90 an ounce. Copper is much cheaper.


is brass or copper cheaper?

Copper is cheaper than brass.


Is copper cheaper than stainless steel?

Yes, brass is cheaper than copper.


Why copper is used for making electrical wire while silver is not?

Copper is used for making electrical wire more commonly than silver because copper is a better conductor of electricity and is more abundant and cost-effective. Silver is a better conductor than copper but is much more expensive, making it less practical for everyday applications like wiring.


Is copper or silver a better conductor of electricity?

Copper is a better conductor of electricity than silver. Copper has a higher electrical conductivity and is more commonly used for electrical wiring and components due to its cost-effectiveness and efficiency in conducting electricity.


Is it cheaper to recycle copper than to use new copper?

It can be up to 90% cheaper to recycle copper


Why are PCBs made using copper?

copper is cheaper than gold or silver, works good enough, and is easy to mask and etch with reasonably safe chemicals.


Why is copper us as electric cable instead of silver?

Copper is much cheaper but still does the same job almost as well as silver.


Why elecrtic wires are not made of silver?

Silver would be too expensive. Copper is much cheaper.


Why is copper-nickel alloy used for 'silver' coins instead of silver?

There are a number of reasons:Copper-nickel alloy is much cheaper than silverIt is harder, so lasts longerIt tarnishes less readily than silver


Why is copper more widely used as an electrical conductor than silver?

Copper is more widely used as an electrical conductor than silver because copper is less expensive and has slightly lower electrical conductivity, but still high enough for most applications. Silver is a better conductor of electricity than copper, but its high cost makes it less practical for general use in wiring and electrical components.


Why ornaments prepared by using an alloy of silver with copper and not by pure silver?

alloy is more durable... as well as cheaper.