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Cents made after mid-1982 are mostly zinc so they have essentially no copper value.

Lincoln cents made up to mid-1982 (except of course for 1943 steel cents) are bronze which is 95% copper plus tin and/or zinc. They contain about 3 grams of pure copper which is worth a bit less than 3 cents as of the prices in 2011. However older cents may be worth much more as collectors' items, and in any case it's illegal to melt pennies. This, however, does not stop people from selling them in hopes that the melt ban will be lifted, however, finding a buyer for copper pennies is tough but not impossible.

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9y ago

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Related Questions

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.


Why did the us stop making pennies out of copper?

Due to the rising price of copper, pennies were worth more than face value.


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.


What is the value of old copper pennies?

The value of old copper pennies can vary depending on their condition, rarity, and year of minting. Generally, pre-1982 pennies minted in the United States are mostly composed of copper and may have a higher intrinsic metal value than their face value. It is recommended to consult with a coin expert or use online resources to determine the specific value of copper pennies.


What is the value of 1971 D pennies?

It's worth 2 cents for the copper.


Do you have a list of the worth of copper pennies?

I would be impossible to give a value for all copper pennies. The only pennies made of mostly copper are those made before 1983. These have a melt value of 2 cents. To find the value of an individual coin ask another question structuring it like the one below(be sure to fill in the <> with the correct information): What is the value of a <date> <country of origin> <denomination>


Are copper pennies valuable?

For metal content, or melt value, copper pennies (pre-1982) are worth about 2 cents each. As far as collector value, that depends more on specific dates, mint marks, and condition.


How many prior 1981 us pennies does it take to make 100.00 worth of copper?

Prior to 1982, U.S. pennies were made of 95% copper. Each penny weighs 3.11 grams, so 100 pennies weigh about 311 grams. To obtain $100 worth of copper, you would need approximately 1,750 pre-1982 pennies, as the copper value is based on the current market price of 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.


What is the importance of copper?

copper is important because it makes pennies and pennies are good


What is the value of wheat pennies?

At least two cents for the copper.


How much money are the 1947 copper pennies worth?

Average value is 2 to 3 cents.