1. #1
    tony_come
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    Going to recycle my pennies for money

    I got 19 garbage bags of pennies

    don't ask why/how I have that many pennies

    going to drive down and recycle them as copper

    is this possible? Will they take it? Is it against the law to recycle pennies/money?

  2. #2
    firedawg
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    illegal

  3. #3
    19th Hole
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    You cannot recycle a US copper penny as only the mint is legally allowed to melt the currency. It is a Federal offense to melt any US currency for sale despite the copper penny being worth less than it's face value. The Federal mint is losing money on every copper penny it mints and keeps in circulation today, which is one of the strongest reasons for ending it's circulation.



    Read more: http://wiki.answers.com/Q/Can_you_re...#ixzz1Q1wsA2L8

  4. #4
    jat5650
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    Won't happen.

  5. #5
    13th Inning
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    Most recent pennies are only like 3% copper anyway - mostly made up of zinc now (?)
    Probably not worth the time.

  6. #6
    EmpireMaker
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    pennies facilitate sales tax collection they will continue indefinitely

  7. #7
    King Mayan
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    You're better off going to a bank and getting a million dollars for those 19 bags...
    175 pts

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  8. #8
    tony_come
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    Thank you gentlemen

    going to the roll these pennies and head to the bank instead

  9. #9
    icancount2one
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    In most states pennies are an exception to currency defacement laws which is why you can have them stretched out and stamped into novelty images at touristy places.

  10. #10
    19th Hole
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    Quote Originally Posted by tony_come View Post
    Thank you gentlemen

    going to the roll these pennies and head to the bank instead
    Don't waste your time...You shouldn't have to roll them.
    They will open them and throw them
    into the coin counter machine.

  11. #11
    Deuce
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    Go to coin star and bend over. Only way to get money for them reasonably fast.

  12. #12
    chemicalbrother
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    pre-1982 pennies are 95% copper and are "worth" 2.7 cents each. i say "worth" because it's illegal to melt US pennies.

    if you really have 19 bags worth, and are a little OCD, you could start sorting the coppers from the zinc (1982-now, technically '82 was a crossover year and probably 70% of '82s are copper but it's easier to just say pre/post '82) and sell the coppers on ebay. they usually go for about 2 cents each.

    i probably have about 500 pounds of copper pennies in 5 gallon buckets in my basement. lol. i kinda fell off the wagon, but i was getting multiple $25 boxes from the bank and sorting every night there for a while..

  13. #13
    chilidog
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    Quote Originally Posted by tony_come View Post
    Thank you gentlemen

    going to the roll these pennies and head to the bank instead
    You don't have to roll them. The bank has machines that do that automatically.

  14. #14
    chemicalbrother
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    Quote Originally Posted by Deuce View Post
    Go to coin star and bend over. Only way to get money for them reasonably fast.
    or take an amazon card.

    if you dump your coins into a coin star, you can get an amazon credit for the total amount you deposit with no surcharge at all (no 9.9% fee).

  15. #15
    19th Hole
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    Quote Originally Posted by chemicalbrother View Post
    or take an amazon card.

    if you dump your coins into a coin star, you can get an amazon credit for the total amount you deposit with no surcharge at all (no 9.9% fee).

    Better off getting cash from a bank. IMHO
    Gift cards are too limiting...give and get cash/checks.
    You don't have to hang around and process them.
    Go to a bank.
    Cash remains KING!!

  16. #16
    chemicalbrother
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    on a one-off deposit, sure, obviously take it to a bank.

    but if you're sorting them, they tend to get annoyed rather quickly when you're bringing in lots of zinc pennies on a weekly basis.

  17. #17
    jjgold
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    Just not worth all the work
    Easier to make a bet and win

  18. #18
    geebert74
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    cant deface money... your better off rolling em up yourself and strolling on down to the local credit union...

  19. #19
    Dad
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    19 garbage bags full of pennies? Jesus!

  20. #20
    Boscoe
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    penny = .360 cm3

    3785 cm3 per gallon

    avg kitchen garbage bag = 13 gallons

    49205 cm3 per bag

    ~1300 bucks per bag

    ~24k total

  21. #21
    Mr. Peepers
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    Step 1: Find wishing well
    Step 2: Make a wish
    Step 3: Throw 19 bags of pennies in well
    Step 4: Hit 10 team parlay

  22. #22
    Iwinyourmoney
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    Don't roll them, they will have to unroll them to recount them through the machine anyways

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  23. #23
    tony_come
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    Too many smart fukks on sbr

    this place is great

    I make a stupid thread and all you fukks tell me some good info about pennies/what to do and not to do

    signs of good cappers on here/sbr

  24. #24
    Ra77er
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    Quote Originally Posted by tony_come View Post
    Too many smart fukks on sbr

    this place is great

    I make a stupid thread and all you fukks tell me some good info about pennies/what to do and not to do

    signs of good cappers on here/sbr



    HAHAHA

  25. #25
    robmpink
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    Can you imagine trying to lift a garbage bag full of pennies?

  26. #26
    onetrickpony
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    post a fuking pic of ur pennies pal

  27. #27
    no1here
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    my bank makes me roll them. was not aware of the separation @ 1982 and info was greatly appreciated

  28. #28
    Dad
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    Quote Originally Posted by onetrickpony View Post
    post a fuking pic of ur pennies pal

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