Josh66
Been spending a lot of time on here!
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I'm pretty sure it's illegal to melt down coins (edit - OK, looks like it IS illegal now, if you make a profit from it. So, I guess you could melt them down and just use the mteal to make something, but not to sell the raw material), but I know people still do it... I think the profit margins would be best on the pre-1982 pennies. Even if you didn't get the full value of the copper out of them, you could still make a profit if you had enough of them. Hell, people steal the wiring out of houses just for the copper, so there's obviously money there...Which is worth more.... $100 in nickels or $100 in quarters?
The nickels are worth (much) more.
$100 in nickels is worth $108. $100 in quarters is worth $20.72. (Yes, that means the metal it takes to make a nickel is worth more than $0.05.)
Current Melt Value Of Coins - How Much Is Your Coin Worth?
Ahh, but once you have spent the time, energy, and other resources to melt and separate the nickel copper alloy into its base metals, would you be able to turn a profit?
The nickels probably wouldn't be worth melting down if you had pay someone to melt them for you.
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