Where To Sell My Copper Pennies

The very low premium to melt value makes them an excellent investment vehicle for copper.

Where to sell my copper pennies.

We buy all types of old coins and old paper 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. At the peak of an upswing economic market. These copper pennies are universally recognized and accepted making them ideal for barter and trade.

Copper is a very market economy driven metal. If your profits now offset that risk of holding for later sell sell sell. Copper wire can vary in price but to get the most money make sure to strip insulation off of it. 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.

When the economy gets tough the tough should hoard their copper pennies. 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. Sell your old coins today. 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.

For tips on finding copper to sell continue reading. Then find a scrap yard with a good reputation for honest business and fair prices. Pennies minted prior to 1983 at prices very close to melt value. Money metals exchange is pleased to offer copper u s.

Calculate by quantity rolls of pennies face value or total weight. When should i sell my copper pennies. Out of all scrap metal you can sell copper tends to fetch the highest value. 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.

Since most of these copper pennies are only 95 copper and 5 zinc technically they are considered brass in recycling terms. Once at the scrap yard they ll weigh and unload your copper while you register your personal information. 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. Lutes owned the coin.

Just remember that the last person standing with copper pennies when the penny is eventually eliminated will be the one to gain the most benefit.