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12-15-2006, 07:46 PM
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#1 (permalink)
| BattleForums Senior Member
Join Date: Apr 2003 Location: Redneck, Texas Age: 21 Posts: 1,819
| 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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12-16-2006, 10:13 AM
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#2 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| 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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12-16-2006, 06:04 PM
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#3 (permalink)
| Respected Member
Join Date: Feb 2003 Posts: 6,608
| 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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12-16-2006, 06:12 PM
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#4 (permalink)
| BattleForums Senior Member
Join Date: Apr 2003 Location: Redneck, Texas Age: 21 Posts: 1,819
| 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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12-16-2006, 06:47 PM
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#5 (permalink)
| StarCraft Forum Leader
Join Date: Aug 2002 Location: Canada Age: 20 Posts: 11,599
| not like you own the money |
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12-17-2006, 10:22 AM
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#6 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
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12-17-2006, 05:43 PM
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#7 (permalink)
| BANNED
Join Date: Apr 2004 Age: 21 Posts: 866
| Seperating the metals is not very cost effective. |
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12-17-2006, 06:42 PM
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#8 (permalink)
| BattleForums Senior Member
Join Date: Apr 2003 Location: Redneck, Texas Age: 21 Posts: 1,819
| Don't you just have to heat them up and seperate them? |
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12-17-2006, 07:09 PM
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#9 (permalink)
| BANNED
Join Date: Apr 2004 Age: 21 Posts: 866
| 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.
Last edited by Ashigaru; 12-17-2006 at 07:13 PM.
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12-17-2006, 07:14 PM
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#10 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| Quote:
Originally Posted by Ashigaru 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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12-17-2006, 07:19 PM
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#11 (permalink)
| BANNED
Join Date: Apr 2004 Age: 21 Posts: 866
| Raid the chemistry classroom. |
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12-18-2006, 12:28 PM
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#12 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| 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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12-18-2006, 04:39 PM
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#13 (permalink)
| BANNED
Join Date: Apr 2004 Age: 21 Posts: 866
| We just cut the penny when we did it in chemistry. |
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12-18-2006, 06:51 PM
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#14 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| Cutting it wouldn't be enough. There would be impurities in the parts.* |
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12-18-2006, 10:50 PM
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#15 (permalink)
| BANNED
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| It would be pure enough to get recycled.
Which I assume would be the goal. |
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12-19-2006, 10:25 AM
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#16 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| 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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12-19-2006, 12:00 PM
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#17 (permalink)
| BANNED
Join Date: Apr 2004 Age: 21 Posts: 866
| 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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12-25-2006, 03:23 PM
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#18 (permalink)
| Scarlet Crusader
Join Date: Nov 2006 Location: Frederick Age: 19 Posts: 1,060
| you get fined for throwing pennies away and such.
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12-25-2006, 06:34 PM
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#19 (permalink)
| Aya Matsuura is awesome
Join Date: Nov 2002 Location: Trieste, Friuli-Venezia Giulia Age: 20 Posts: 14,995
| 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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