Question for metals bugs

[Dachsie]

Is it legal to sell pennies or nickels for melt value somewhere?

If so, where?

A penny is worth 2 cents melt value for the copper.

The nickel also is worth more than a nickel melt value for nickel.

[woodman]

Illegal, at least last time I checked.

[ziero0]

If you own it then you may do as you like. If your goal is to control more FRNs then anything not pre-approved is illegal. That would include melting coins.

As these things work the question can only be answered based upon your status. Those who collect FRNs don't have any status.

[monty]

Pennies minted through 1982 were 95% copper. Since then the pennies minted are 97.5% zinc. The coin collectors have hoarded most of the copper pennies.

[RatHoler]

^
Technically there are some 1982 pennies that are almost all zinc. My guess is that zinc started in October or November of 82