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The melt value of Zincolns is now 1.1 cents!

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  • jesbrokenjesbroken Posts: 10,154 ✭✭✭✭✭

    Isn't it still illegal to melt them for content?
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • jmlanzafjmlanzaf Posts: 35,268 ✭✭✭✭✭

    @jesbroken said:
    Isn't it still illegal to melt them for content?
    Jim

    Yes. But it's the first time I can recall the Zincolns melting at over face value.

  • fiftysevenerfiftysevener Posts: 916 ✭✭✭✭

    I have 10,000 copper pre '82 Lincolns but nobody wants them

  • jesbrokenjesbroken Posts: 10,154 ✭✭✭✭✭

    10K is a drop in the bucket compared to this guys problem.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    Apparently 1 cubic foot of pennies is around 50,000, so your little hoard shouldn't take up too much room.
    Couple of 3-liter bottles should just about do. Give them to your mail carrier at Christmas. :grin:

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭
    edited March 8, 2022 10:06AM

    Usually smelting metals isn't a DYI project but with the low melting point of zinc, it might not be too hard to separate the zinc and leave the solid copper shells. Might be interesting if the value continues to rise

    Member of the ANA since 1982
  • jmlanzafjmlanzaf Posts: 35,268 ✭✭✭✭✭

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    You can't do anything with them.

  • JBKJBK Posts: 15,868 ✭✭✭✭✭

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    Sure they do. It's just a question of price.

  • BuffaloIronTailBuffaloIronTail Posts: 7,494 ✭✭✭✭✭

    GEEZE!

    I hope they're on a ground floor.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • BuffaloIronTailBuffaloIronTail Posts: 7,494 ✭✭✭✭✭

    The way things are going today with $4.00 gas and inflation, it doesn't surprise me.

    I think the Government didn't expect the price rise to happen so quickly.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • jmlanzafjmlanzaf Posts: 35,268 ✭✭✭✭✭

    @MasonG said:

    @jmlanzaf said:

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    You can't do anything with them.

    You can use them to get gumballs out of my gumball machine.

    Looks like I could get them all with a hammer...

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @jmlanzaf said:

    @MasonG said:

    @jmlanzaf said:

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    You can't do anything with them.

    You can use them to get gumballs out of my gumball machine.

    Looks like I could get them all with a hammer...

    Or you could just pull the locking pin out of the bottom and remove the glass globe. It's a lot less messy that way. :)

  • DoubledieanotherdayDoubledieanotherday Posts: 69 ✭✭✭

    I will be melting pre 1982 Lincoln’s and processing them at the local scrapyard. Sorry I’m a bit anti government

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @Doubledieanotherday said:
    I will be melting pre 1982 Lincoln’s and processing them at the local scrapyard. Sorry I’m a bit anti government

    If they're your pennies, you should be able to do whatever you want with them. Don't think of it as "anti government", think of it as "pro freedom". :)

  • DoubledieanotherdayDoubledieanotherday Posts: 69 ✭✭✭

    @MasonG said:

    @Doubledieanotherday said:
    I will be melting pre 1982 Lincoln’s and processing them at the local scrapyard. Sorry I’m a bit anti government

    If they're your pennies, you should be able to do whatever you want with them. Don't think of it as "anti government", think of it as "pro freedom". :)

    Well said

  • BryceMBryceM Posts: 11,824 ✭✭✭✭✭

    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

  • coinbufcoinbuf Posts: 11,566 ✭✭✭✭✭

    @BryceM said:
    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

    But what if we don't want to? ;)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • COCollectorCOCollector Posts: 1,334 ✭✭✭✭✭
    edited March 8, 2022 2:43PM

    @BuffaloIronTail said:
    The way things are going today with $4.00 gas...

    .
    $4/gallon? I wish.

    Yesterday, near my home along the central CA coast...

    Admittedly, if I shop around, I can find gas in the mid-$5 range.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

  • BillJonesBillJones Posts: 34,328 ✭✭✭✭✭

    The world is going nuts. :p

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BryceMBryceM Posts: 11,824 ✭✭✭✭✭

    @coinbuf said:

    @BryceM said:
    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

    But what if we don't want to? ;)

    A responsible populace would demand policies of their representatives that wouldn't waste our taxes. A handful of lobbyists have prevented changing our change for years.

    (see what I did there?) ;)

  • jesbrokenjesbroken Posts: 10,154 ✭✭✭✭✭

    Californians will be buying gas with 31 s and 24 d lincolns before long, and then.....goodbye 09s. I ran a John Deere Dealership which also had a tire recap plant and a Gulf gas station in Tennessee in the mid 70's and gas had raised to $.35/gallon and I had customer's calling and threatening our business with damage. I would hate to be around any of those people today(probably all dead or their would be some gas station owners in jeopardy).
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • JBKJBK Posts: 15,868 ✭✭✭✭✭

    @COCollector said:

    Admittedly, if I shop around, I can find gas in the mid-$5 range.

    Whew! That's a relief. :p

  • blitzdudeblitzdude Posts: 6,157 ✭✭✭✭✭

    @BryceM said:
    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

    We can't even get rid of this stupid daylight savings time, pretty sure cents, nickels and dimes will continue to be part of our future. THKS!

  • coinbufcoinbuf Posts: 11,566 ✭✭✭✭✭

    @BryceM said:

    @coinbuf said:

    @BryceM said:
    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

    But what if we don't want to? ;)

    A responsible populace would demand policies of their representatives that wouldn't waste our taxes. A handful of lobbyists have prevented changing our change for years.

    (see what I did there?) ;)

    Very nice, however we do not have a responsible populace, the majority of the populace is comfy in the easy chair smoking the now legal blunt busy watching the magician's assistant on the tube. And I'm not so sure that your assumption that such a change would result in any tax dollars being wisely spent, my observations lead me to think that any tax dollars saved would be squandered elsewhere. I'm not much of a true believer. ;)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @coinbuf said:

    @BryceM said:

    @coinbuf said:

    @BryceM said:
    In many of our lifetimes the quarter will be virtually worthless. The purchasing power of a dime is almost negligible. Really, we need a plan to mint coinage from $0.10 to $10 and notes for anything bigger. If we really wanted to, we'd manage just fine without cents, nickels or dimes now.

    But what if we don't want to? ;)

    A responsible populace would demand policies of their representatives that wouldn't waste our taxes. A handful of lobbyists have prevented changing our change for years.

    (see what I did there?) ;)

    Very nice, however we do not have a responsible populace, the majority of the populace is comfy in the easy chair smoking the now legal blunt busy watching the magician's assistant on the tube. And I'm not so sure that your assumption that such a change would result in any tax dollars being wisely spent, my observations lead me to think that any tax dollars saved would be squandered elsewhere. I'm not much of a true believer. ;)

    Uh oh this thread is developing political leanings... 😨😲😳

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • JBKJBK Posts: 15,868 ✭✭✭✭✭

    Let's get back to the topic at hand: the illegal harvesting of the metals in cents and nickels. :D

  • MsMorrisineMsMorrisine Posts: 33,685 ✭✭✭✭✭

    Maybe because only politicians are hated more than zincolns?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,685 ✭✭✭✭✭

    Zinc is down 1.85%

    Melt them faster!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BLUEJAYWAYBLUEJAYWAY Posts: 9,666 ✭✭✭✭✭

    @fiftysevener said:
    I have 10,000 copper pre '82 Lincolns but nobody wants them

    A blast from the past. You could always pitch them.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @MasonG... I like that speckled, egg shaped rock in the picture of your gumball machine.... Found in the wild or was it processed?? Cheers, RickO

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