WOLFRAM|DEMONSTRATIONS PROJECT

Scrap Metal Price of Coins

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zinc
copper
nickel
price per pound:​Zn: $1.19 Cu: $3.77 Ni: $12.81​​scrap metal price for $1:​100 pennies dated before 1982 = $2.44​100 pennies dated after 1982 = $1.00​20 nickels dated after 1945 = $1.33
Metal prices have recently gone up. A penny is worth more than one cent and a nickel is worth more than five cents. This Demonstration calculates the scrap metal price of a dollar's worth of coins. As of Dec. 16, 2006, it is illegal to sell coins for scrap metal. During World War II, nickels were made of silver, because the metal nickel was important for war material. The collector price of many coins is much greater than the scrap price.