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Cent, Nickel Melting Still Illegal
June 12, 2013
How quickly we forget. I had an emailed inquiry regarding the melting of pre-1982 cents with the 95-percent copper alloy. It is illegal to do so. It has been since Dec. 14, 2006, when the Treasury imposed regulations on melting and exportation of American cent and nickel coins.
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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News, Bank Note Reporter and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.
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