Is there a market for pre 1982 pennies?

There is a small market for pre 1982 pennies. On eBay, a lot of 5000 pennies has a face value of $50, but it will sell for $60. “The coins before 1982 in uncirculated rolls, they’ll probably see in 15 or 20 years, those rolls could double or triple in value,” Mirr said.

Where can I sell pre 1982 copper pennies?

1. Sell them on Craigslist or Ebay. Many people are hoarding these old pennies in bulk.

What is the value of a post 1982 penny?

8 As of Dec. 10, 2019, zinc was valued at $1.02 a pound. 9 The 2.43 grams of zinc in a post-1982 penny was then worth six-tenths of a cent.

Where can I sell my wheat pennies?

A certified local coin shop is an excellent place to sell your coins. The best option is to find a reputable and trustworthy dealer who can estimate a penny’s value. Most coin shops will offer you a fair deal, as they depend on customers’ recommendations and satisfaction.

Where do you sell pennies?

Best places to sell coins online

  • CoinsForSale.com Only 5% to sell. No listing fee.
  • Heritage Auctions 10% fee. Consignment program.
  • Ebay 12.35% + $. 030 fee, plus listing fees.
  • Apmex Well known. But won’t pay until after you’ve shipped your coins.
  • Modern Coin Mart Won’t pay you until after you’ve sent them your coins.

Are old copper pennies worth anything?

If you look at the price of copper per oz today, it is $0.27 per oz. If we take a look at coinflation (A PCGS app) the copper melt value for ONE COPPER PENNY is $0.03 So if I were to go to the bank and get ONE roll of pennies and there are, lets say 10 copper pennies in there. So 1/5 of the roll is copper.

How much is a copper penny worth in scrap?

Many estimate that each copper penny is worth about one and a half cents, though this fluctuates every day with the market value of copper. However, melting these pennies down is illegal, meaning that they are not viable for scrapping at this time.

Do scrap yards buy copper pennies?

Often not only for legal reasons will scrap yards not buy them, but they have no where to sell them. Depending on the commodities marketing sometimes the metals in a penny are worth more than a penny even zinc.

Can you sell copper pennies for scrap metal?

But let us state clearly at the very beginning: scrapping or melting down a copper penny to be scrapped is currently illegal.