adagirl wrote:...My question is more from a survialist perspective, in that as a last resort if I were down and out and it was legal, are there companies that melt metals. ...
natsb88 wrote:It's much easier to add more metals to the mix to create useful alloys than it is to refine each metal out. Copper pennies would probably just be used for brass, since they are already alloyed with zinc, and 75/25 nickels would be used as-is or have some more nickel added to be 70/30, another common alloy in industry.
rickygee wrote:adagirl wrote:...My question is more from a survialist perspective, in that as a last resort if I were down and out and it was legal, are there companies that melt metals. ...
In the event of a "Major Ocurrence" your neighborhood Walmart* will be stripped bare in less than 24 hours.
Lemon Thrower wrote:i'm told that the 35% silver in 1943 nickels and the 40% silver in 65-70 halves is so impure as to make separation impractical. also, one of those has magnesium with it which is particularly difficult to separate. i'm no expert, perhaps others can confirm.
Rosco wrote::cry: Just traded $22.00 of 40% thats 6.5 oz silver Got back 5 oz bullion from coin shop. It was ok as the 40 % came from sorting so at cost of face.
From now on its bullion and 90% for me
rickygee wrote:Michael of Market Harmony has a Q+A about refining on the Bullion Stacker website.
http://www.bullionstacker.com/viewtopic.php?f=3&t=1724
Its focus is primarily gold and silver, but I bet he'd answer questions about copper too. I'm not a member over there just enjoy the posts. The only gold bullion I stack are those brand new all gold shield pennies!
adagirl wrote:Out of curiosity, lets assume that melting pennies and nickels is legal. Coinflation does an excellent job of telling us what the value of the metal content of particular coins are valued at. Looking at the 95% copper penny or 75% copper nickel, is there really a process that seperates out the copper from the nickel when melted? If so, how costly is this process? Who performs such a service? Again assuming this was legal, is the melting of coins for the metal content something one could do their own? I am a rookie at coin collecting, I am really curious as to how this works (if it does), and I am trying to justify my newly adopted hoarding behavior.
how would he use his investment in copper to survive?
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