You can go to a bank or anywhere else that has large quantities of pennies and buy them at face value, however, it can be time-consuming to sort through and isolate the mostly copper ones. Some companies sell bulk pennies that have already been sorted, but they will charge you a premium. But in the weird world of penny hoarding, getting to the copper is a very big problem. It's illegal to melt pennies an there is an obscure federal law that makes it illegal to transport more than $5 in pennies out of the country. Penny hoarders know this of course, While pre-1982 cents (and certain cents dated 1982, because the US Mint changed the composition mid-year) do have close to three cents worth of copper in them, you will not find a single 'scrap'

Sep 9, 2011 If you have any currency minted before 1947, it could be worth 40 times its face value. Members of the British Numismatic Trade Association (BNTA) can be Similarly, the scrap value of pre-decimal "copper" coins (actually  Mar 1, 1992 Speculators hoarded pennies in the hope that copper prices would The U.S. Mint in Philadelphia coined one-cent and half-cent pieces from  While one can invest in copper indirectly by purchasing companies that mine or smelt investors choose to hold older pennies as an investment in copper, it is illegal to to copper without having to deal with the complexity of options trading. Jan 30, 2013 So have no fear… and penny searching profits can be quite astonishing. Do NOT let the term penny scare you. The great thing is its a risk free  Mar 27, 2006 Smug in their copper brownness, the tiny coins are virtually worth nothing. Well , the copper in one hundred pre-1982 pennies would be worth $1.54 coin, it's more common to simply trade the commodity in its current state.

So I am wondering where I can sell copper pennies? I sold two 10lb lots on ebay but only made $2 a lotI'm holding onto a lot and want to sell some and make at least $5 per 10lb lot.

So I am wondering where I can sell copper pennies? I sold two 10lb lots on ebay but only made $2 a lotI'm holding onto a lot and want to sell some and make at least $5 per 10lb lot. Under the same law, it’s illegal to melt 5-cent coins for their copper value, too (yes, “nickels” are actually 75% copper). If you get caught scrapping pennies, you could end up paying $10,000 in fines and spend 5 years in the slammer — prison, that is. So, don’t do it. We are here to sell our copper penny bullion to be sure, but we are also trying to develop a program to buy pennies from smaller sorters to give them a marketing option other than eBay or their own personal efforts. We hope to add links to blogs and articles about penny sorting and hoarding. 5000 pennies is $50 face, how much would you sell that for locally? and how much would you sell that for on ebay, if you include shipping in the price? I forgot about flatrate shipping, which could be a good deal for shipping heavy copper. do you think it would be easy to find buyers near me, or should I go the ebay route? I learned recently about pre-1982 pennies having copper in them, and knew that copper prices were rising. I rolled a few dollars' worth of copper pennies and was wondering what to do with them. Should I list them on eBay, or would it be wise to try and sell to a dealer for the copper value?

In 1943, the U.S. Mint made pennies out of steel because the government needed copper for the war effort. A few 1943 pennies were made of copper, by mistake If you find a copper 1943 penny, depending on it's condition, it could be worth over a million dollars.

Money Metals Exchange offers copper pennies for sale at the lowest price of are universally recognized and accepted, making them ideal for barter and trade. You can compare these coins to their silver equivalence, quarters or dimes  The default price is updated frequently during normal trading hours. You can change the Copper Price to represent the amount you would like to pay per pound for  May 16, 2019 If you have ever wondered what your coins are worth just based on the metal For example, if the bottom fell out of the U.S. Dollar, and people had to trade coins For base metal coins, coins made from copper, nickel, zinc,  Trade your old money for new money! Sell old coins, old banknotes and foreign currency with our secure, free to use service. Start today. Use our search bar and we'll tell you if we accept your item or not. Here's some accepted items and a collection of loose British copper coins predating 1972. Pre Decimal Copper. Apr 21, 2014 Armored cars will transport the pennies to facilities where they will be sorted. Yet the value of the copper pennies, which comprise the majority of the pennies Faced with these options, some Canadians have decided to trade the coins at auctions. And you know probably, yes, an increase in sales.”. Feb 2, 2018 Which made us wonder, what can you still buy for one cent? all pennies since 1982 have been made of 97.5 percent zinc and only 2.5 percent copper. First of all, penny stocks don't actually trade for pennies a share.

Aug 20, 2004 All Shield cents have the same metal content (2.5% copper, balance zinc, If we both agree to the trade, you will pay the postage and optional 

You have come to the right place if you need accurate and up to date value information about coins. Our coin value guide has pictures and prices for thousands 

Nope, there are a few catches: 1. Since most of these copper pennies are only 95% copper (and 5% zinc), technically they are considered brass in recycling terms. Brass is currently selling for between $2.61 and $3.03 in my area (depending on the quality of the brass), not nearly as high as $4.13 for copper.

Feb 3, 2014 -Wheat pennies generally trade anywhere from two cents to twenty dollars If you have question on coins, paper money, medals, or tokens, please I have 2 1942 copper pennies one is a D mint the other has no mint mark. Apr 16, 2007 One trade association supported the regulation as long as its then the United States Mint could reclaim the pre-1982 copper one-cent coins  There are four types of coins: Copper Coins, Silver Coins, Gold Coins, and If there is already at least one coin (of any value) in the bank, all coins in the  Jul 9, 2007 So I can tell you, a coin is a damn fine weapon = if you've been trained properly. a coin is only worth what others are willing to trade you for it, in order I haven' t noticed a particular shortage of copper pennies (pre-1982). Jun 25, 2019 Oversupply has resulted in copper trading in the range of $2.00 to $4.50 a Well , you can, but your chances of riches are a lot better when you find a a penny an ounce, which of course would be a boon to anyone bullish 

Under the same law, it’s illegal to melt 5-cent coins for their copper value, too (yes, “nickels” are actually 75% copper). If you get caught scrapping pennies, you could end up paying $10,000 in fines and spend 5 years in the slammer — prison, that is. So, don’t do it. We are here to sell our copper penny bullion to be sure, but we are also trying to develop a program to buy pennies from smaller sorters to give them a marketing option other than eBay or their own personal efforts. We hope to add links to blogs and articles about penny sorting and hoarding. 5000 pennies is $50 face, how much would you sell that for locally? and how much would you sell that for on ebay, if you include shipping in the price? I forgot about flatrate shipping, which could be a good deal for shipping heavy copper. do you think it would be easy to find buyers near me, or should I go the ebay route? I learned recently about pre-1982 pennies having copper in them, and knew that copper prices were rising. I rolled a few dollars' worth of copper pennies and was wondering what to do with them. Should I list them on eBay, or would it be wise to try and sell to a dealer for the copper value? So for each pound of copper based cents/pennies, you are actually getting (at today’s prices) over 4 dollars of copper base metal. Not a bad bet, considering the downside risk is limited to the face value of the coins you keep. Keep in mind it is currently illegal to destroy the US Cent or Nickel coins due to a melt ban rule passed in 2007. You can change the Copper Price to represent the amount you would like to pay per pound for the copper content in any stockpile of U.S. copper pennies. This can help you to decide the maximum bid you should enter for an online copper penny auction. The copper cent calculator displays total copper value and total copper content with respect to Copper coins are just as beautiful as any other precious metals product. It is also one of the most affordable precious metal investments you can make. Many 1 ounce copper coins or copper rounds are available for just $1 right now.