Pre-1982 pennies now contain 2.41 cents worth of copper.

Quote from Sparohok:

Reminds me of a story my high school chemistry teacher told. I have no idea whether this is true or not.

He claimed that he lined up a source of bulk used x-ray film from the local hospital that had a particularly high concentration of silver halide emulsion. He chemically extracted and purified the silver, intending to sell it. When he went to a metals dealer he found it nearly impossible to sell because it didn't have a paper trail. In the end the assay costs ate up most of his profit from the relatively small quantities he was dealing with.

Martin

yep, without assay, you'll find it difficult to sell it.....why should a dealer hassle with it when there is a flood of junk silver coins around with known silver content
 
Quote from Rearden Metal:

With copper now at $3.72/pound, every single pre-1982 U.S. penny now contains 2.41 cents worth of copper ore.]

HUH? Are you saying that pre 1982 pennies have .647.. lbs. of copper in them? Be a chore packing around a pocketful of those suckers.
 
Quote from indahook:

forget the legal issues..how in the hell is anyone going to prove the melted metal was from pennies?

Committing felonies is always an option... but I'd need a much better motivator than just monetary gain.
 
Quote from Bearbelly:

Quote from Rearden Metal:

With copper now at $3.72/pound, every single pre-1982 U.S. penny now contains 2.41 cents worth of copper ore.]

HUH? Are you saying that pre 1982 pennies have .647.. lbs. of copper in them? Be a chore packing around a pocketful of those suckers.

Check your premises.
 
Guys, not a good place to have this type of discussion, even if you are just talking out of you arse.

Smelting it anywhere is an offense. Think about it. If it was ok to do somewhere else, thenprinting US bills and circulating them abroad would be ok too.
 
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