Can you scrap pennies

The only person I know for a fact who paid a fine in pennies, was a cousin of mine who did so with pennies at city hall in our Manitoba town. They accepted them but made him count them out individually. How I monetized my searching skills. I got blessed to come across this site, quite randomly 4 months ago, opened an account and till now I still receive paychecks weekly! You can make money working from home, too.

To find out more, visit MakeCash Are they wheat cents or memorial cents? What do you plan on doing with them? Good luck! I have a lot of old pennies they are not in good condition but I have one that is from eagle and a would they be worth anything? And yet we have those little machines all over the country that press pretty designs into a penny, forever destroying the penny for commercial use.

Kids, and many adults, gladly pay a quarter to watch the machine press a penny into a work of art. And last copper went up high enough to make a hundred pennies worth well over a dollar, there was a penny shortage because so many people did recycle them.

I never heard of anyone getting in trouble for that, either. Or, in the case of old silver and gold coins, worth less than the silver or gold content. Shave enough gold coins, spend them or trade them in for face value, and then sell the shavings. Good racket until you get caught. They used a little ring and acted insulted when i asked for the clasp with 10X the gold in it back.

At that point commerce will be reduced to barterable items. American silver and copper coins will be favored since their metal value will be commonly known.

I mean what is one lightbulb worth in salami, nails or whiskey? The main problem will be a rapacious government running around with metal detectors, seeing what it can steal from its citizens on a made-up pretext. Jose, thats a tough one to answer, In my opinion the only time that will happen is when it is more costly to produce a dollar than its actual value.

Otherwise, I dont see the actual physical dollar paper being worth more than what its intended value is. Its different in the case of the penny because of the materials that were used. Government is the only entity that can take a valuable commodity like paper and make it worthless by printing money on it. Your dollars are worth less than 4cents from , when The Fed was created. Sunni Holy War-didya think he and Hillary were going to a chess tournament? Try Craigslist 1st-cents are heavy to mail-eats away at your profits.

Can you help me sell the few I have? Thank you, Betty. Jose-ignore Jean. Then, find a way to provide it-make Hydrogen on Demand units for cars.

LNG Conversions. Jose — Ignore Rob. If, and its a big if, the SHTF, money regardless of composition will mean nothing.

Hello, we put value on gold and silver too. Its just a metal that comes out of the ground. It has no value other than what we place on it. You will want to stock up on ammo, batteries, matches, seeds, etc. Things that can be traded. Jimmy you are only half right. Both are used in electronics gold to a lessor extent , but silver is also used in solar panels if I remember correctly , in anti-bacterial creams, eye drops, etc, in photography before we went digital, and many other applications.

This further pushes up its value, esp. Silver has been increasing rapidly in value last decade or so. Joan the paper composition of the dollar, or the dollars base value, will exceed face value when you either need to start a fire to keep from freezing, or need to snort some coke.

This is really cool info. I had no idea that you could recycle and cash in pennies. Now I will keep better track of the pennies that cross my path, thanks for sharing. If you want to get money for scrap, collect actual scrap metal, broken jewelry, etc.

Silver quarters and dimes have been sold for scrap value and melted for many years. Why are pennies not legal. I asked a simple question. What is the answer to my question? It is not legal to melt cents and nickels because just a few years ago a law was passed that specifically prohibits it. Removing large numbers of these coins from circulation can negatively impact business, trade and commerce.

The removal of silver and gold coins from circulation happened many years ago, and thus the melting of silver and gold coins has no impact on present-day circulation. According to a coin dealer friend, the silver that is collected and melted down is sold to the US Mint.

That was a good article — fun to read and stuff but melting down pennies will require the cost of a burner and the fuel too, right?! First off why even write about melting down pennies? You have just about as much chance in making money buying lotto tickets.

Also, scrubbing them with toothpaste cleans them up nicely. Collectable coins do not have to be mint to be valuable. Yes, the value depends on the condition as well as the rarity, but cleaning them is always a mistake.

Collectors know when a coin has been messed with. Correct my dear lad, Never EVER clean coins, the most you can do is soak them in warm water, plain water with no chemicals.

The wrong way of cleaning copper coins is by using polishing agents. This is because polishing actually works by removing the topmost atomic layers of metal and working downwards from there. Dissolving: By this we usually mean soaking in olive oil in the lock-it-up-and-forget-it category of coin cleaning.

However, dissolving can also mean the use of acids such as lemon juice or vinegar which are more properly used to clean silver coins. Other than this particular case, the use of acids is emphatically not recommended for the same reason as polishing. You are wearing away at the metal in the hopes of carrying off the dirt too. Bad, bad. An alternative to olive oil, though no quicker, is mineral oil.

It is, in fact, a great way of preserving a freshly cleaned coin from future corrosion. Just apply a very light coat and the oil acts as sealer and protectant.

You really have to go out of your way to clean a coin without giving it a good workover with a brush! Keep in mind that even a diamond is worn to the nubbins by nothing other than soft vinyl plastic. Therefore brass tools of any sort should ideally work on the dirt and never against the bare coin. For these reasons a toothbrush with stiff bristles is preferable as a general-purpose tool.

An X-acto knife can cut through the toughest adhesions and, assuming great care is taken, can do wonders for the stubborn dirt still left on your coin. The problem, of course, is that it can just as easily scratch your coin. Brass pins allow more leeway for error but are somewhat less effective. You will need to decide how much risk to take at the expense of speed and convenience. Shocking: electrolysis, as described above. The most effective way of cleaning but potentially most disastrous to your coin.

In practice, however, little flaking is noticeable even when a coin is heated well past the boiling point then shock-freezed straight on ice. The reason is that the amount of flexing involved in that temperature range is too small to do much.

Lastly comes pulling. The easy way of doing this is to stick your dirty coin on packing tape then pulling it off. Notice all the dirt that just came off? Repeat the steps until the coin comes off clean. You put a drop or two on the coin face, smear it to an even coat and let it dry. Then peel off. Repeat til glue comes off clean. First Name. Last Name. How much did you get? These are the prices you reported for them Metal Price.

These are correct OK. Oops, These aren't correct Edit Prices. But coming home the questions were much more pointed. And they'd ask the same thing multiple times while wording the question slightly differently. Good luck in your travels. If you have Canadian pennies you want to take with you, I don't believe there is a limit on how much you can bring INTO the country. Canadian pennies should be very easy to either sell to collectors since they were discontinued in or to a bank such as RBC that has a commercial teller window.

I did have to roll them up, which was a pain. You might be able to get away with rolling up Canadian coins before you leave, but be prepared for someone to break open a few rolls to do their inspections. Another tip, if you have time. You can go to many U. So, while the U. I have bought coins for trips to Canada, Mexico, Singapore, Australia and New Zealand and had no issues whatsoever spending all of the coins that I got. It can make your luggage heavier, so you need to check in advance to make sure any airline won't charge you more for the heavier luggage.

I think you guys are misunderstanding his question. Copper pennies pre are worth more as copper than as a penny. So the copper is worth more than the pennies. If anyone finds a good answer to the question of the legality I am interested because I might have to take my copper pennies to mexico to scrap them. Maybe even make one of those machines that sorts the copper pennies from the zinc pennies. Originally Posted by Think about it this way. You are at a border crossing or going through customs.

You have a bunch of U. They ask what you are doing with so many pennies. You tell them you intend to sell them for melt in Canada. Even though you may then be on foreign turf, you are admitting to a crime. I personally wouldn't chance it. I've never been a good liar, so my non-verbal cues would give me away if I even tried. Also, if you are going alone it might be different than going with someone else. If you are going alone and get in trouble, you have only ruined part of your trip.

But if you are with someone else like a spouse the nagging you may hear later may be relentless. Originally Posted by RLS