Loading ...One pound of 95% Pure Copper pennies will cost you $1.45 a pound. Or 245 pennies. You can get Copper Rounds at $2 each per ounce, or two times 16oz/lb times two comes out to $32 a pound. Versus $1.45 a pound. Naturally you would need a smelter to melt the pennies down into small bars.
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The value of a 1 oz copper round today generally ranges from $2 to $5, depending on the dealer, design, and quantity purchased, with common rounds around $2-$3 and more intricate or premium ones priced higher, reflecting the fluctuating industrial demand for copper and minting costs. While the raw copper price influences it, expect to pay a premium over the spot price for these artful bullion pieces