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save your pocket change

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    ParkerFlyer4 started this thread.
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    save your pocket change

    It is illegal to melt U.S currency. but some people like to hoard their change that holds more value from the metal its made with. Pennies, for example, have the potential to become obsolete in the near future, and could possibly be melted or sold for copper. Anyway, I've made a list of the specific years that money holds more value in metal than face value. calculated when copper was at $3.85 lb and silver was $32.64 oz.

    Penny ---- 1982 or older - 95% copper, 5% zinc//// $0.01 face, $0.025 melt

    Nickel --- 1942 -1945 -35% silver, 56% copper, 9% Mang//// $0.05 face, $1.86 melt

    Dime ----- 1946 -1964 - 90% silver, 10% copper//// $0.10 face, $2.36 melt

    Quarter --- 1932 -1964 - 90% silver, 10% copper//// $0.25 face, $5.90 melt

    Half Dollar
    Franklin - 1948 -1963 - 90% silver, 10% copper//// $0.50 face, $11.81 melt
    Kennedy - 1964 - 90% silver, 10% copper//// $0.50 face, $11.81 melt
    Kennedy - 1965 - 1970 - 40% silver, 60% copper//// $0.50 face, $10.45 melt

    Silver dollar
    Eisenhower - 1971 -1976 - 40% silver, 60% copper//// $1.00 face, $10.45 melt

    Last edited by ParkerFlyer4; 03-19-2012 at 05:46 PM. Reason: edit half dollar and added silver dollar

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