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$0.0298612 is the melt value for the 1909-1982 copper cent on April 30, 2021.

$0.0298612 is the melt value for the 1909-1982 copper cent on April 30, 2021.

(post is archived)

I mean. People save silver coins for the silver value all the time but saving penny's for bullion value just seems weird.

I have heard of people going around to banks and buying all the penny's and sorting through and saving the copper. I would not be surprised that there are people out there with multi ton collections.

[–] 0 pt

Yeah just like in 1965.. When 25c was 25c and is now $4.69

[–] [deleted] 0 pt (edited )

if i took 1000$ worth of pennies and melted it and sold the copper and then bought more pennies..

... after like ten times i could retire in jail, right?