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kentucky7887
Penny Sorter Member
USA
30 Posts |
 Posted - 04/18/2010 : 15:40:10
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Now that there as been a ban on melting US pennies for copper what are you doing with all of your pre 82's? Also what about canadian coins I have about 50 rolls and was wondering if its legal to melt them in the US for their copper content.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/18/2010 : 15:42:31
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The US copper cents are bought and sold unmelted. It is legal to melt canadian coins in Kentucky.. but they trade unmelted as well.
Welcome to the forum!  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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kentucky7887
Penny Sorter Member
USA
30 Posts |
Posted - 04/18/2010 : 15:47:26
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| Thanks. Is that a federal issue or a state on the melting of foreign currency. I know you can still melt down silver coins? |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/18/2010 : 16:03:37
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Why melt them anyway? Nice small, easily recognized, units of copper that will one day be the currency of choice for small transactions again.  |
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– Theodore Roosevelt
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/18/2010 : 16:19:15
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| It is federal. You can melt Canadian coins in the US. And you can melt US coins in Canada. But it is not worth the trouble to melt. It is dangerous. The melting point of copper is very high. Why convert rounds of known weight and fineness to a chunk of copper that might require expensive assaying to prove the copper content? |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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kentucky7887
Penny Sorter Member
USA
30 Posts |
Posted - 04/18/2010 : 16:21:33
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That I thought melting CAN coins in the US is legal. I've got boxes and boxes of coins like that. plus I've been scraping all my gold and silver since I'm trying to buy a house  |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/18/2010 : 16:22:30
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quote:
Originally posted by kentucky7887
Now that there as been a ban on melting US pennies for copper what are you doing with all of your pre 82's? Also what about canadian coins I have about 50 rolls and was wondering if its legal to melt them in the US for their copper content.
Do you mean physically melting them yourself? Which is a really bad idea for reasons already mentioned, and then some. Or do you mean to sell them as scrap, knowing they will get melted?
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 04/18/2010 : 16:23:24
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Ok, you answered while I was typing.
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Nickelless
Administrator
USA
5580 Posts |
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kentucky7887
Penny Sorter Member
USA
30 Posts |
Posted - 04/18/2010 : 16:24:28
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I was gonna sell them to the scrap yard. I don't think my stove will reach proper melting temps  plus I'm taking a trip to Canada soon and was thinking about picking up a few boxes of pennies,nickels, and half dollars. |
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kentucky7887
Penny Sorter Member
USA
30 Posts |
Posted - 04/18/2010 : 16:25:37
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| Gotta love BBQ then if your from that area. I live in Lexington. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/18/2010 : 16:27:02
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| Might have a hard time getting those half dollars. I don't think your stove will reach the proper melting temp either.. lol. Scrap yards are still kind of leary about buying foreign coinage for melt. You would probably do better just selling them intact to another member here. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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kentucky7887
Penny Sorter Member
USA
30 Posts |
Posted - 04/18/2010 : 16:33:49
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| yeah half dollars are very scarce in canada so I hope I'll find some silver ones when I order boxes from the bank. I have a friend that is a lawyer so I'll have him write me up a letter saying its ok after he double checks the laws. Like a death certificate for the coins . But I prob will try the for sale forms to see if they can be saved first. |
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Nickelless
Administrator
USA
5580 Posts |
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natsb88
Administrator
USA
1850 Posts |
Posted - 04/18/2010 : 17:20:44
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| You can probably sell the Canadian coppers here for more than the scrap yard would give you anyway. |
Nate
The Copper Cave
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webvideopro
New Member
15 Posts |
Posted - 04/30/2010 : 07:29:53
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Uh oh.... What are the odds of having two people from the same city on this forum? I am from Owensboro too! I tried to PM you Nickelless, but it said I haven't made enough posts.
We should get together so we don't sort through each others leftovers at the local banks. This is a small town and if we can divide and conquer, it may save us both some headaches. BTW, I only sort pennies and halves. |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 04/30/2010 : 08:35:32
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quote:
Originally posted by kentucky7887
yeah half dollars are very scarce in canada so I hope I'll find some silver ones when I order boxes from the bank. I have a friend that is a lawyer so I'll have him write me up a letter saying its ok after he double checks the laws. Like a death certificate for the coins . But I prob will try the for sale forms to see if they can be saved first.
Impossible. Silver halves are a different size than "regular", modern nickel halves (think Ike dollars). You cannot silver sort halves in Canada. |
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Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
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johnsonjohn2441
Penny Pincher Member
USA
102 Posts |
Posted - 04/30/2010 : 12:53:33
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| welcome to the forum. nothing wrong with a good ol boy from the south! GOOD PENNY HUNTING DOWN THERE |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 04/30/2010 : 14:54:44
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quote:
Originally posted by webvideopro
Uh oh.... What are the odds of having two people from the same city on this forum? I am from Owensboro too! I tried to PM you Nickelless, but it said I haven't made enough posts.
We should get together so we don't sort through each others leftovers at the local banks. This is a small town and if we can divide and conquer, it may save us both some headaches. BTW, I only sort pennies and halves.
Welcome to the forum, Webvideopro! I'm actually only in Owensboro on the weekends at this point, going down to see my fiancee, and I'm not doing any major coin sorting at this point (just buying bags of nickels) because of my crazy work and travel schedule, so you're probably not going to get any of my dumps. Incidentally, we had another member on here from Owensboro, Gr33nday43, but he's not coming around much anymore.
Incidentally, one of the banks in Owensboro I used to pick up pennies from when I was sorting pennies is the Old National on Southtown Boulevard. I was pretty amused when I noticed that the cross-street at the bank is Nicholas Drive! |
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webvideopro
New Member
15 Posts |
Posted - 05/01/2010 : 07:32:15
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Hey Nickelles, thanks for the reply. I am a bit stunned that Owensboro is represented on this board. I keep everything I am doing very private, but it would be good at some point to connect with like minded people.
Good luck sorting and enjoy the BBQ festival, it is just around the corner... |
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What to do with all the pennys? Melting canada c
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