The ban on melting cents and nickles was re-instated today after it was briefly expired. The ban originally went into effect on December 14, 2006 and expired on April 14, 2007. It is now re-instated indefinately. It looks like we will have to stick to just hoarding copper for now. I'm sure there will still be some people melting it and some places that will take the melted copper which will end up making the copper cents more scarce in the long run. The price of copper closed at $2.5221 a pound Monday and the price of nickel closed at $22.9272. This means $1 face value of copper cents is now worth $2.35 and $1 face value of nickels is now worth $1.85.
Running Total: 2000 copper cents
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