Mr. H.
Diamond Member
Pennies dated pre-1983 are 95% copper and worth $.024 in metal value.
It's illegal to melt them down, but that could change....
If Laws Change, 'Penny Hoarders' Could Cash in on Thousands of Dollars - Yahoo! News
Our family has collected wheat pennies for 40 years and have a couple thousand of them. I've tried cataloging and grading but gave up after the first 500 LOL.
Of course, I would never melt these down as most have numismatic value.![thup :thup: :thup:](/styles/smilies/thup.gif)
It's illegal to melt them down, but that could change....
If Laws Change, 'Penny Hoarders' Could Cash in on Thousands of Dollars - Yahoo! News
Our family has collected wheat pennies for 40 years and have a couple thousand of them. I've tried cataloging and grading but gave up after the first 500 LOL.
Of course, I would never melt these down as most have numismatic value.
![thup :thup: :thup:](/styles/smilies/thup.gif)