| Author |
 Topic  |
|
|
biglouddrunk
Penny Sorter Member
86 Posts |
 Posted - 09/19/2009 : 02:15:12
|
|
Has anybody read the rule that we call the melt ban? Does it ban the destruction of pennies or just the melting of pennies? I would assume it ban the destruction of them. The reason I ask is I envision some day they will be used as feed stock for brass platers. They don't melt pennies rather dissolve them. If brass platers used them it would fix the 5% zinc problem. Most brass platers use a higher percentage of zinc than is contained normal brass so they would have to use a mix of pennies and zinc anodes.
|
|
|
Cerulean
Penny Hoarding Member
USA
823 Posts |
Posted - 09/21/2009 : 14:10:05
|
| What is the difference between melting coins and destroying coins? |
Sorting Map
2009 First Finds Contest
Are you a Buffalo Hunter?
Wanna take seignorage away from the Fed? Spend *any* coins!
We cannot afford this government.
Cerulean's Standing Offer: $5/lb+shipping for foreign coins |
 |
|
|
jtm3
Penny Collector Member
USA
398 Posts |
Posted - 09/21/2009 : 14:24:51
|
If your melting you are definitly destroying them, but destroying them doesn't necessarily mean your melting them. |
Turn your old video game consoles (and games) into GOLD or COPPER!
Buy/Sell/Trade sub-forum
Firearms are second only to the Constitution in importance; they are the peoples' liberty's teeth.
George Washington |
|
|
|
hobo finds
Penny Pincher Member
224 Posts |
|
|
biglouddrunk
Penny Sorter Member
86 Posts |
Posted - 09/21/2009 : 20:52:31
|
| I guess dissolving them would count as treatment. |
|
|
|
PennySaved
Penny Collector Member
359 Posts |
Posted - 09/22/2009 : 13:18:46
|
It says in those rules that you can ship out of the country for coin collecting reasons; I assume that would include copper investment.
Is it legal for someone out of the country to melt them? ie someone in Canada or Mexico |
|
|
|
highroller4321
1000+ Penny Miser Member
USA
1971 Posts |
Posted - 09/22/2009 : 13:52:42
|
quote:
Originally posted by PennySaved
It says in those rules that you can ship out of the country for coin collecting reasons; I assume that would include copper investment.
Is it legal for someone out of the country to melt them? ie someone in Canada or Mexico
Yes,why would it be illegal for someone else to melt/destroy another countries coins? |
Copper penny Investing
www.portlandmint.com |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3250 Posts |
Posted - 09/22/2009 : 17:25:47
|
This always brings up the pressed penny discussion. So I'll just it bring it up.
Deal |
Gun control is like trying to reduce drunk driving by making it harder for sober people to own cars.
If you want peace, prepare for war. |
|
|
|
oober
1000+ Penny Miser Member
USA
1051 Posts |
Posted - 09/22/2009 : 17:28:31
|
quote:
Originally posted by NotABigDeal
This always brings up the pressed penny discussion. So I'll just it bring it up.
Deal
Correct, then its not a coin and thus can be melted... Is there a law stating how many elongated pennies I can make in a yr? |
|
|
|
jtm3
Penny Collector Member
USA
398 Posts |
 Posted - 09/22/2009 : 17:32:15
|
Question...!
Can I elongate my coppers and THEN melt them? |
Turn your old video game consoles (and games) into GOLD or COPPER!
Buy/Sell/Trade sub-forum
Firearms are second only to the Constitution in importance; they are the peoples' liberty's teeth.
George Washington |
|
|
|
Kurr
1000+ Penny Miser Member
USA
1685 Posts |
Posted - 09/22/2009 : 18:13:13
|
Theoreticly as I understand it, yes.
The theory goes that by elongating it or overstriking it, you are adding labor and your resources to make a more valuable product. Those elongated pennies have a big following on ebay for many many times more than the melt value would be.
Same thing with overstrikes such as one member here does. To add the labor and resources neded to make the product then to melt that product for the mere metal content would be a tremendous waste of time and resources.
Theoreticly. |
Selling coppers- 1.4 + shipping or trade, PM me!! ~100.00 (68lbs)Available~
"If my sons did not want wars, there would be none." ~ Gutle Schnaper, Mayer Amschel Rothschilds wife
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
|
|
|
|
jtm3
Penny Collector Member
USA
398 Posts |
Posted - 09/22/2009 : 18:39:29
|
Would taking them down to the train tracks count as adding labor/resources? |
Turn your old video game consoles (and games) into GOLD or COPPER!
Buy/Sell/Trade sub-forum
Firearms are second only to the Constitution in importance; they are the peoples' liberty's teeth.
George Washington |
|
|
| |
Topic |
|
Melt Ban
