Copper Penny
Copper pennies are valuable. They're worth more than face value. Here's a list of the copper penny dates you should be looking for, and their current value. The price of copper rose in the 1970s to the extent that pennies almost contained their face value in copper. To alleviate the high seigniorage and concerns about the potential for hoarding, the U.S. Mint tested alternative metals like bronze-clad steel and aluminum to replace the 95% copper cent. 1909-1982 copper cent values (also known as the penny) are updated daily. This page measures the pure metal or melt value of U.S. copper pennies, and includes an updated numismatic price range. The U.S. Copper Penny Melt Value Calculator, located below, will help you in finding the total copper value and total copper content of your pre-1982 United States Lincoln 95% copper cents. Calculate by quantity, rolls of pennies, face value, or total weight. Where to Find Copper Pennies. Finding copper pennies is not difficult. All you need to do is find pennies dated before 1982. You can look in your house and see what types of coins you can find in your drawers, coin jars, etc. You can also find copper pennies in your change.
Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin. Commodity prices continue to rise and fall with market changes, which affect the current metal value of the penny. It's illegal to melt down 5-cent and one-cent U.S. coins. When the first pennies were minted in 1793, they were made entirely out of copper. These early pennies were large, and heavy, and featured a bust of Lady Liberty on the obverse and a wreath on the reverse. Copper was chosen as the material for the penny due to its abundance and durability. You can tell zinc pennies from copper pennies by listening for a ‘clicking sound’ or a ‘ringing sound’ when you drop them onto a hard surface — like a table: A copper penny ‘rings.’ A zinc penny ‘clicks.’ The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill , which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of ...
