penny melting

[Arakronn]

Be careful........looky what the U.S. Mint wants to do....

http://abcnews.go.com/Business/story?id=2725597&page=1&CMP=OTC-RSSFeeds0312

 

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[bobr]

If you look closely, you can see at least one wheat straw penny in that pile they have in the article. I also noticed they didn't give a current price on the pre-1982 pennies.

 

[ClonedSIM]

I think it's a whole pile of wheats, actually.

 

[Arakronn]

I think they're more concerned with the loss of small coin currency for commerce. If people think they'll make money on their change (more than face value), they'll start melting down every penny they get.....pre or post 1982 (most people don't know there's a difference).

 

[ClonedSIM]

Right, it's the copper value of cents that people are after, and the US Gov't doesn't want to deal with suddenly having millions of pennies yanked out of circulation, and having to spend almost as much (zinc) minting new ones.

 

[JT2]

How would they know anyways?

If you brought a lump of copper into a scrap metal dealer, they going to call the cops on you? What then, do a composition analysis to see if its a 95/5 copper/zinc mix?

I dunno....

I've never dealt with any scrap metals so I have no idea on the procedures involved in turning in scraps.

 

[ClonedSIM]

How would they know anyways?

If you brought a lump of copper into a scrap metal dealer, they going to call the cops on you? What then, do a composition analysis to see if its a 95/5 copper/zinc mix?

I dunno....

I've never dealt with any scrap metals so I have no idea on the procedures involved in turning in scraps.

Not if you just brought in a lump of copper, but as I think I've read, it's not easy to smelt copper, something about the high melting point, maybe?

 

[Arakronn]

How would they know anyways?

usually, copper is brought in to scrap yards in whatever shape it was found. If people start bringing in copper slabs shaped like frying pans, people will likely get suspsicious. Why go through the trouble to melt it down if you're taking it in for scrap? Hiding something?
If there were a reward for turning someone in for melting down pennies and nickels, don't be suprised if scrap metal dealers jump on the phone the minute they suspect something.

 

[JT2]

Copper Melting Point: 1083.0 °C (1356.15 K, 1981.4 °F)

Doesn't seem that high.....but then again I've never tried to generate that much heat, heh.

 

[JT2]

LOL!!

"copper slabs shaped like frying pans"

hehe, thats a good one!

 

[ClonedSIM]

LOL!!

"copper slabs shaped like frying pans"

hehe, thats a good one!

HA! I can see it now!

 

[killerwine]

I say "Off with their heads!" (Lincoln heads that is... ) Let us poor slobs melt them down and DON'T replace them...When's the last time you used a penny? Sounds kind of radical coming from a guy who will fight you over a penny on the ground... The treasure fever just gets the best of me....

 

[silverfinder37]

you would need alot of pennies to make it profittable to smelt them. So this little guy will just hold on to his and save the frying pan for bacon and eggs
Best Regards, Ray

 

[Arakronn]

save the frying pan for bacon and eggs

Imagine the after-taste....
I'd have to wash the pan at least once.....with soap!

Maybe that's where Seuss got his idea for "Green Eggs and Ham"?