copper

5-cent nickels contain 75% copper and 25% nickel. 1-cent pennies contain 2.5% copper with the remaining zinc. The price of these metals have each gone up significantly and for over a year now, their melt value has been worth more than their real value. Or, more to the point, it costs the U.S. government more […]

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Copper used to be the problem step-child of metals. It was either not thought about or considered in a negative context, like the mental picture of paying for the repair of copper piping underneath the sink. For some, copper has turned to gold. And better, it wasn’t purchased first – it just found its way […]

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A 7-month low hit copper yesterday in New York futures trading. The fall was driven by concerns of softer import data from China. As interesting as the up trend has been, a continue decline could well be appreciated. It would at least subdue some of the negativity its rise has made. The ban on melting […]

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Coin toning can intrinsically increase or decrease the value of coins. Natural coin toning can be quite beautiful. It can also be outrageously ugly. And because beauty is often times in the eye of the beholder, placing a value on a coin due to its toning can present problems. Should you pay extra or less […]

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During just the first half of this year, nearly 5.4 billion pennies and almost 880 million nickels were minted. That’s a lot of change. But did you know it actually costs more to make a penny or nickel than what they’re worth? Craziness right? Well, unfortunately, it’s the truth. Since the fourth quarter of last […]

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