Copper Prices
- Thread starter dereckbc
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davedottcom
Senior Member
Re: Copper Prices
A pre-1982 penny weighs 3.1 grams.
(Not including the 1942 steel pennies)
A post-1982 penny weighs 2.5 grams.
1lb or 500 grams / 3.1= 161.29 (pre 1982 pennies)
1lb or 500 grams / 2.5= 200 (post 1982 pennies)
What are all the dates on your pennies?
Dave
[ January 10, 2006, 01:10 AM: Message edited by: davedottcom ]
A pre-1982 penny weighs 3.1 grams.
(Not including the 1942 steel pennies)
A post-1982 penny weighs 2.5 grams.
1lb or 500 grams / 3.1= 161.29 (pre 1982 pennies)
1lb or 500 grams / 2.5= 200 (post 1982 pennies)
What are all the dates on your pennies?
Dave
[ January 10, 2006, 01:10 AM: Message edited by: davedottcom ]
hurk27
Senior Member
- Location
- Portage, Indiana NEC: 2008
Re: Copper Prices
Post "1982" pennies are not copper. They are aluminum with copper plating
Post "1982" pennies are not copper. They are aluminum with copper plating
hurk27
Senior Member
- Location
- Portage, Indiana NEC: 2008
Re: Copper Prices
I should add that the copper in pennies also has a heavy element added to it for tracing purposes. This was done after I believe ww2 to stop the melting down of US currency. This also applies to silver and gold coins. As it is a Federal crime to do so.
I should add that the copper in pennies also has a heavy element added to it for tracing purposes. This was done after I believe ww2 to stop the melting down of US currency. This also applies to silver and gold coins. As it is a Federal crime to do so.
- Location
- New Jersey
- Occupation
- Journeyman Electrician
Re: Copper Prices
http://www.usmint.gov/about_the_mint/index.cfm?printer=yes&flash=yes&action=coin_specifications
I don't see any "heavy element" on this list from the US Mint. And if I own the penny shouldn't I be able to do whatever I want with it?
Check out this link from the US Mint:
http://www.usmint.gov/about_the_mint/index.cfm?printer=yes&flash=yes&action=coin_specifications
I don't see any "heavy element" on this list from the US Mint. And if I own the penny shouldn't I be able to do whatever I want with it?
- Location
- Lockport, IL
- Occupation
- Semi-Retired Electrical Engineer
Re: Copper Prices
I had also heard that a penny is not "legal tender." Nor for that matter are the nickel, dime, or quarter. That phrase appears on paper money, but not on coins. It had been my understanding that any private person or business was required to accept, as payment of debt, any US currency that was "legal tender," meaning anything from 50 cent pieces on up. So if I wanted to pay off a mortgage in one dollar bills, the mortgage company could not legal refuse that form of payment. That is what I had thought, before I started typing this comment. But here is a web site that says otherwise.
I have also heard that it is a federal crime to destroy or deface US currency. But I have no facts to offer.
I had also heard that a penny is not "legal tender." Nor for that matter are the nickel, dime, or quarter. That phrase appears on paper money, but not on coins. It had been my understanding that any private person or business was required to accept, as payment of debt, any US currency that was "legal tender," meaning anything from 50 cent pieces on up. So if I wanted to pay off a mortgage in one dollar bills, the mortgage company could not legal refuse that form of payment. That is what I had thought, before I started typing this comment. But here is a web site that says otherwise.
bphgravity
Senior Member
- Location
- Florida
Re: Copper Prices
By the way, the machine is UL listed!
Down here at the Edison Estates where I work in the lab and museum, we have a coin machine that flatens either pennies or quarters and imprints a picture on one side. It costs 75 cents for the quarter and 51 cents for the penny. I would guess there is at least 100 pennies and quarters flatened each and every day with this one machine.
By the way, the machine is UL listed!
sandsnow
Senior Member
- Location
- Southern California
Re: Copper Prices
Here's a guy who saved a million pennies on a bet. No one would cash them without a fee.
One million pennies
Here's a guy who saved a million pennies on a bet. No one would cash them without a fee.
One million pennies
hurk27
Senior Member
- Location
- Portage, Indiana NEC: 2008
Re: Copper Prices
Boy did I stick my foot in my mouth.
I was told that by a retired mint police officer who might have been just saying it to keep me from thinking about melting down pennies.
And I'm wrong on the aluminum also as they are zinc
That will teach me for not doing the research
Boy did I stick my foot in my mouth.
I was told that by a retired mint police officer who might have been just saying it to keep me from thinking about melting down pennies.
And I'm wrong on the aluminum also as they are zinc
That will teach me for not doing the research
Minuteman
Senior Member
- Location
- The Sooner Nation
Re: Copper Prices
Our money belongs to the Federal Reserve Bank, and they are contracted to mint and print U.S. money.
Our money belongs to the Federal Reserve Bank, and they are contracted to mint and print U.S. money.
davedottcom
Senior Member
Re: Copper Prices
Don't give up now you're almost there!
That makes 12.4 grams of pennies so far...
Don't give up now you're almost there!
rcwilson
Senior Member
- Location
- Redmond, WA
Re: Copper Prices
That's based on how Dad used the pennies to plug the fuses on the old barn.
Steve - I'm guessing 6,500 circular mils or about the size of #12 wire.
That's based on how Dad used the pennies to plug the fuses on the old barn.
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