/biz/ - Business & Finance

>>28919897
Melting them doesn't seem like the best idea. You'd be turning a widely recognized, marked unit of copper bullion with legal tender value which you can readily transact with (at both spot and face value) into an impure, unmarked copper ingot which nobody will buy. By the time the dollar dies and all the coins are demonetized people will be pulling the copper out of buildings and bartering with it, you'd be at a significant disadvantage to them with a dubiously legal 95% pure ingot whereas having copper pennies will put you at an advantage since they don't need to be weighed or assayed like scrap or ingots. There is also much more immediate profit in copper pennies from selling them on Ebay and Craigslist for spot.