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BattleForums.com Forums > General > The Arcane Sanctuary

We're Half-Way There!! - BF Lotto: $50 Ebay or Amazon Gift Card - A Single Click is All It Takes...

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Old 12-15-2006, 07:46 PM   #1 (permalink)
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Melting Pennies And Nickels Could Bring $10,000 Fine And Prison Time

Linda Young - All Headline News Staff Writer

Washington, D.C. (AHN) - With the metal content of pennies and nickels now worth more than the face value of those coins some opportunists might decide to melt those coins down and sell the raw metal. But anyone caught melting the coins could face up to a $10,000 fine and five years in prison . . .

http://www.allheadlinenews.com/articles/7005857979
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Old 12-16-2006, 10:13 AM   #2 (permalink)
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It makes sense, because these people melt then down in huge quantities. Also, I can't remember what the term about money being (some like a national treasure?) that allows it to have its own laws or something.*
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Old 12-16-2006, 06:04 PM   #3 (permalink)
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Hmm...It doesn't say how much it actually costs to make pennies/nickles? I'd be interesting in knowing that.
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Old 12-16-2006, 06:12 PM   #4 (permalink)
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Don't know about nickels, but it costs about a 3rd of a cent more to make a penny than its actual worth.
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Old 12-16-2006, 06:47 PM   #5 (permalink)
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not like you own the money
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Old 12-17-2006, 10:22 AM   #6 (permalink)
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Yeah, it costs quite a bit...

http://en.wikipedia.org/wiki/Nickel_...#Metal%20Value
http://www.usmint.gov/pressroom/inde...release&ID=724

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Old 12-17-2006, 05:43 PM   #7 (permalink)
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Seperating the metals is not very cost effective.
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Old 12-17-2006, 06:42 PM   #8 (permalink)
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Don't you just have to heat them up and seperate them?
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Old 12-17-2006, 07:09 PM   #9 (permalink)
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If you melt the copper the zinc will melt too so they will mix together. I dont think they will bond though.

Actually there is a chemical solution (I dont remember what it is though) that reacts with zinc but not copper so it will hollow out the penny leaving the copper.

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Old 12-17-2006, 07:14 PM   #10 (permalink)
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If you melt the copper the zinc will melt too so they will mix together. I dont think they will bond though.

Actually there is a chemical solution (I dont remember what it is though) that reacts with zinc but not copper so it will hollow out the penny leaving the copper.
Off the top of my head, I could think of several, but the purification process involved isn't feasible for these.*
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Old 12-17-2006, 07:19 PM   #11 (permalink)
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Raid the chemistry classroom.
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Old 12-18-2006, 12:28 PM   #12 (permalink)
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No, the processes like dissolving in sodium hydroxide or acid and stuff in displacement doesn't make it feasible. You could use highly concentrated sulphuric acid but that wouldn't work too well - it still wouldn't be pure, and you would need to liquefy the metal first anyway.*
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Old 12-18-2006, 04:39 PM   #13 (permalink)
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We just cut the penny when we did it in chemistry.
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Old 12-18-2006, 06:51 PM   #14 (permalink)
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Cutting it wouldn't be enough. There would be impurities in the parts.*
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Old 12-18-2006, 10:50 PM   #15 (permalink)
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It would be pure enough to get recycled.

Which I assume would be the goal.
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Old 12-19-2006, 10:25 AM   #16 (permalink)
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Actually, the impurity level is inversely exponentially proportional to the value of the metal, I believe. People are willing to pay tons more for 99.9% pure over 99% pure. Normal school Chemistry isn't enough - otherwise, I would've been making lots of money ages ago.*
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Old 12-19-2006, 12:00 PM   #17 (permalink)
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As long as its copper a scrapyard wont care how pure it is. They don't test it before they give you the money anyways.
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Old 12-25-2006, 03:23 PM   #18 (permalink)
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you get fined for throwing pennies away and such.
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Old 12-25-2006, 06:34 PM   #19 (permalink)
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Yeah, for that law I said earlier (anyone have a name or term for it?). Also because it could well fuel drugs and crime by people scrimping for cash, especially in countries where pennies have quite a large monetary worth, such as London.*
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