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Ha! Not melting today anyway, woke up to 19 degrees this morning. How many more billions of zinclons have to be minted to make copper cents less relevant and the melt ban lifted, or is the goobermint just worried about all cents?

This one never gets too old

68Camaro wrote:This one never gets too old

I really wish the ban would be lifted. People like me would quickly drain the copper right out of the penny.

There aren’t nearly as many coins around with the COVID situation we’ve had the last year plus. I thought pretty surely the government would seize upon that opportunity to stop making pennies. Many feel they are the dirtiest coins out there anyway. You’d think the government would have taken the hint by now!

If the melt ban was lifted what would 'copper pennies' sell for? What would scrap dealers pay (they can not pay 'full price' as they must pay for their expenses as well as make a profit'). Thanks!

If I had to guess, scrap dealers would pay half to two-thirds of melt, which would translate to 1.5X to 2X face.

Funny joke now, but this will eventually end up happening. Biden doesn't know day from night, the order will come from his puppet masters.

TPTB will order mints to cease production of pennies and nickels (I'm surprised they haven't done this already, especially pennies), then all clad will be removed.

Copper and nickel supply has been decreasing over the long term. The push for more EV is going to help drive prices up.

I'm not selling any of it until prices increase 3-5x from where they're at now.

I feel like there could be a scenerio where the government could stop making pennies BUT NOT end the melt ban, ???

willy13 wrote:I feel like there could be a scenerio where the government could stop making pennies BUT NOT end the melt ban, ???

They sure could, but there would be less will or reason to enforce it and if it ever gets to like 5x face people are going to just do it anyway.

scyther wrote:

willy13 wrote:I feel like there could be a scenerio where the government could stop making pennies BUT NOT end the melt ban, ???

They sure could, but there would be less will or reason to enforce it and if it ever gets to like 5x face people are going to just do it anyway.

Bingo.

Happy Aprils Fools!

Lemon Thrower wrote:Happy Aprils Fools!

(:>)

I could be a happy fool in April if the Federal Reserve ceased to exist.

Welcome to all new Fools! (:>)

It's a RC tradition!

Welcome to all new Fools! (:>)

Lets see if folks are more interested in the melt ban than Bitcoin.

Lemon Thrower wrote:Welcome to all new Fools! (:>)

Lets see if folks are more interested in the melt ban than Bitcoin.

What does blipcoin have to do with a melt ban?

That's another thing bliptards do... use any excuse to bring it into any thread or conversation.