Realcent.org

Base Metal & Precious Metals Forum

Skip to content

BIDEN ANNOUNCES END TO MELT BAN!!!

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.
Post a reply

BIDEN ANNOUNCES END TO MELT BAN!!!

Postby Lemon Thrower » Fri Apr 01, 2011 11:15 am

APRIL FOOLS!!!!
Last edited by Lemon Thrower on Thu Apr 01, 2021 7:24 am, edited 1 time in total.
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3881
Joined: Fri Jun 13, 2008 10:00 am
Top

Re: MELT BAN LIFTED!!!

Postby VWBEAMER » Fri Apr 01, 2011 11:44 am

:lol:
"The trouble with quotes over the Internet is that you never know if they are genuine."
" --Theodore Roosevelt
VWBEAMER
Penny Collector Member
 
Posts: 496
Joined: Sat Feb 05, 2011 7:42 pm
Top

Re: MELT BAN LIFTED!!!

Postby glass » Fri Apr 01, 2011 1:04 pm

LOL check out coinflation
glass
Penny Pincher Member
 
Posts: 108
Joined: Mon Feb 21, 2011 1:54 pm
Top

Re: MELT BAN LIFTED!!!

Postby HPMBTT » Fri Apr 01, 2011 2:26 pm

Somehow, I knew this was an April Fool's joke. But it did put a smile on my face when I saw the title. :) Nice one.
HPMBTT
Penny Hoarding Member
 
Posts: 516
Joined: Wed Nov 24, 2010 3:05 pm
Location: Midwest
Top

Re: MELT BAN LIFTED!!!

Postby Roadrunner » Fri Apr 01, 2011 2:52 pm

Sorry, didn't get me. In fact I was considering doing this before I saw this page. :lol: :lol:

Good one though!
"The silver is mine, and the gold is mine, says the LORD of hosts." ~Haggai 2:8
User avatar
Roadrunner
Penny Hoarding Member
 
Posts: 866
Joined: Mon May 10, 2010 3:00 pm
Top

Re: MELT BAN LIFTED!!!

Postby pennypicker » Fri Apr 01, 2011 3:46 pm

For a second there I actually believed it. :roll:
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach

"I'd rather play against Michael Jordan than Larry Bird...Jordan made you look bad but Bird made you look stupid!"--JAMES WORTHLY, Laker Hall-of-Famer
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1274
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395
Top

Re: MELT BAN LIFTED!!!

Postby inflationhawk » Fri Apr 01, 2011 4:19 pm

Some day this won't be a joke.
inflationhawk
Penny Hoarding Member
 
Posts: 846
Joined: Sat Feb 19, 2011 1:10 pm
Top

Re: MELT BAN LIFTED!!!

Postby Country » Fri Apr 01, 2011 4:50 pm

GOOD ONE!!! :lol:
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
User avatar
Country
Realcent Moderator
 
Posts: 7711
Joined: Mon Mar 23, 2009 3:00 pm
Location: Virginia, USA
Top

Re: MELT BAN LIFTED!!!

Postby Lemon Thrower » Sun Apr 03, 2016 6:37 am

bump
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3881
Joined: Fri Jun 13, 2008 10:00 am
Top

Re: MELT BAN LIFTED!!!

Postby scyther » Sun Apr 03, 2016 7:25 am

Lemon Thrower wrote:bump

You got me for a second... because it's not April Fool's day...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
User avatar
scyther
1000+ Penny Miser Member
 
Posts: 1391
Joined: Tue Mar 27, 2012 4:19 pm
Top

Re: MELT BAN LIFTED!!!

Postby coppernickel » Sun Apr 03, 2016 5:58 pm

:thumbup:
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
User avatar
coppernickel
1000+ Penny Miser Member
 
Posts: 1094
Joined: Fri Aug 14, 2009 10:00 am
Location: American Redoubt
Top

Re: MELT BAN LIFTED!!!

Postby johnbrickner » Mon Apr 04, 2016 5:08 am

Got me.
johnbrickner
Post Hoarder
 
Posts: 2674
Joined: Sat Jan 02, 2010 3:00 pm
Location: Upstate NY
Top

Re: MELT BAN LIFTED!!!

Postby Lemon Thrower » Mon Apr 04, 2016 3:35 pm

scyther wrote:
Lemon Thrower wrote:bump

You got me for a second... because it's not April Fool's day...


sorry, was out of town.

:lol:
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3881
Joined: Fri Jun 13, 2008 10:00 am
Top

Re: MELT BAN LIFTED!!!

Postby coppernickel » Sat Mar 30, 2019 7:31 pm

:clap: bump, good enough to bring back. :thumbup:
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
User avatar
coppernickel
1000+ Penny Miser Member
 
Posts: 1094
Joined: Fri Aug 14, 2009 10:00 am
Location: American Redoubt
Top

Re: MELT BAN LIFTED!!!

Postby thecrazyone » Tue Aug 13, 2019 3:08 pm

Yeah, I think this would have been on the main page of CNN, lol.
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2449
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: MELT BAN LIFTED!!!

Postby Recyclersteve » Tue Aug 13, 2019 5:58 pm

Actually I think that it is legal to melt war nickels. Never have done so, and I've heard the refining costs could be very expensive. So it is something I may never do.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4606
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be
Top

Re: MELT BAN LIFTED!!!

Postby frugi » Tue Aug 13, 2019 8:06 pm

Recyclersteve wrote:Actually I think that it is legal to melt war nickels. Never have done so, and I've heard the refining costs could be very expensive. So it is something I may never do.


nope. war nickels are illegal to melt. the law states one cent and five cent coins, it does not specify the metallic composition.
https://pre82.com/
SELLING CENTS ^^
User avatar
frugi
Post Hoarder
 
Posts: 2271
Joined: Wed Sep 27, 2006 3:00 pm
Top

Re: MELT BAN LIFTED!!!

Postby Recyclersteve » Tue Aug 13, 2019 11:51 pm

frugi wrote:
Recyclersteve wrote:Actually I think that it is legal to melt war nickels. Never have done so, and I've heard the refining costs could be very expensive. So it is something I may never do.


nope. war nickels are illegal to melt. the law states one cent and five cent coins, it does not specify the metallic composition.


Let me add a little something to support my reasoning. Perhaps this will be news to some:

https://www.leftovercurrency.com/is-it- ... elt-coins/

And the text...

"Is it legal to melt coins in the USA?

In the US, a melt ban was introduced in 2009: the US Mint prohibits the melting, treating and bulk exporting of one-cent penny and 5-cent nickel coins. Some exceptions apply, such as exporting less than $100 worth of coins, or melting 5-cent silver alloy coins dated 1942 to 1945 (source: Federal Register Vol. 72, 2009).

So you cannot melt your US pennies and nickels in the United States or abroad. Else you risk a fine of $10,000 and/or five years of imprisonment."

Anyone want to dig into Federal Register Vol. 72 (2009) to see exactly what it says?
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4606
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be
Top

Re: MELT BAN LIFTED!!!

Postby fasteddy » Wed Aug 14, 2019 2:18 pm

that is what it says...

From Mr Google and the Fed register Vol 72 easy peesy...

"(d) The prohibition contained in 82.1 against the exportation, melting, or treatment of 5-cent coins shall not apply to the 5-cent coins inscribed with the years 1942, 1943, 1944, or 1945 that are composed of an alloy comprising copper, silver and manganese."
User avatar
fasteddy
Post Hoarder
 
Posts: 2657
Joined: Wed Sep 02, 2009 10:00 am
Top

Re: MELT BAN LIFTED!!!

Postby Recyclersteve » Wed Aug 14, 2019 2:59 pm

Thanks for finding that Eddy!
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4606
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be
Top

Re: MELT BAN LIFTED!!!

Postby frugi » Tue Aug 20, 2019 10:53 pm

well i'll be damned
https://pre82.com/
SELLING CENTS ^^
User avatar
frugi
Post Hoarder
 
Posts: 2271
Joined: Wed Sep 27, 2006 3:00 pm
Top

Re: MELT BAN LIFTED!!!

Postby coppernickel » Tue Mar 31, 2020 6:49 pm

I just had to. It's an old topic, but great.

http://www.coinflation.com/mint-decides ... penny.html
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
User avatar
coppernickel
1000+ Penny Miser Member
 
Posts: 1094
Joined: Fri Aug 14, 2009 10:00 am
Location: American Redoubt
Top

Re: MELT BAN LIFTED!!!

Postby Recyclersteve » Wed Apr 01, 2020 2:46 am

Back in the day my wife made me melt. But I guess that was a bit different from what you meant.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4606
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be
Top

Re: MELT BAN LIFTED!!!

Postby Lemon Thrower » Fri May 08, 2020 5:13 pm

sorry I'm a little late for April's Fools day this year.
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3881
Joined: Fri Jun 13, 2008 10:00 am
Top

Re: BIDEN ANNOUNCES END TO MELT BAN!!!

Postby Lemon Thrower » Thu Apr 01, 2021 7:24 am

Happy April Fools friends!
Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3881
Joined: Fri Jun 13, 2008 10:00 am
Top
Next
Post a reply

Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 0 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group