Copper pennies worth 3 cents

United States
November 28, 2007 1:39am CST
I was reading an article about a month ago that claimed that current copper prices made the melt-down value of a copper penny three cents. Do you think copper pennies will be like wheat pennies, where they are difficult to find? I started saving the copper pennies (pre 1982) and they seem to be fairly difficult to find already. I've noticed that about 10 - 15% of the pennies I come across are copper. Does anybody else save copper pennies? If you think about it, it's kind of like tripling your money, although I think it is illegal to melt coins down for the metals value.
1 response
@babostwick (2037)
• United States
1 Dec 07
That's interesting information right there. I don't know, I still got some pennies but I'll have to check exactly on that. I didn't know they were worth 3 cents now. This is actually very interesting. I think it is illegal to melt down the coins for the metals value but I am not sure. I try to save old pennies if I can.
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