Since most of these copper pennies are only 95 copper and 5 zinc technically they are considered brass in recycling terms.
Where to sell my copper pennies.
Calculate by quantity rolls of pennies face value or total weight.
Once at the scrap yard they ll weigh and unload your copper while you register your personal information.
The very low premium to melt value makes them an excellent investment vehicle for copper.
Then find a scrap yard with a good reputation for honest business and fair prices.
If your profits now offset that risk of holding for later sell sell sell.
These copper pennies are universally recognized and accepted making them ideal for barter and trade.
Out of all scrap metal you can sell copper tends to fetch the highest value.
Money metals exchange is pleased to offer copper u s.
The then 16 year old lutes received the copper colored penny in change at his high school cafeteria in 1947 david stone a coin cataloger for heritage told cnbc make it.
When should i sell my copper pennies.
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.
In the long run copper is a heavily demanded metal that pushes copper price above the devaluing of the dollar and inflationary effects on society.
We buy all types of old coins and old paper money.
Copper wire can vary in price but to get the most money make sure to strip insulation off of it.
If your ability to sell is not yielding the profits you desire it may be time to consider holding for a longer time.
At the peak of an upswing economic market.
Currently pennies are 97 5 zinc and 2 5 copper and at current prices of those metals each new penny has a theoretical melt value what you d get if you melted down pennies and sold the.
Lutes owned the coin.
Copper penny melt value calculator located below will help you in finding the total copper value and total copper content of your pre 1982 united states lincoln 95 copper cents.
Sell your old coins today.
When the economy gets tough the tough should hoard their copper pennies.
For tips on finding copper to sell continue reading.
Whether it s selling construction material copper wire a copper pipe or an appliance part of sorts you can make money but it s important you re making the most money.
In this guide i wanted to talk about the many ways you can sell copper as well as who wants to buy copper in your area.
Copper is a very market economy driven metal.