Should You Melt Down Pennies for Profit? Not U.S. Pennies, But...
A penny, on its face, is worth one cent. But melted down for the copper it contains, it could be worth quite a bit more. So why not mine our piggy banks for metal?
A penny, on its face, is worth one cent. But melted down for the copper it contains, it could be worth quite a bit more. So why not mine our piggy banks for metal?
Metal costs have soared so high that it now costs significantly more for the U.S. Mint to produce a penny than the coins themselves are worth. That's why Canada just stopped making pennies. We should too.
America has a debt problem. We don't bring in enough revenue, and we spend too much money. But don't fret. Our government has a plan to fix all this by ... cutting the cost of coining pennies and nickels.


