How much is a penny worth in copper?

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A pre-1982 copper penny contains about 2. 95 grams of copper, and there are 453. 59 grams in a pound. The price of copper in December 2018 was $2. 76 a pound, which makes the value of copper in each penny worth about 1. 8 cents. Thus, the meltdown value of a pre-1982 penny is about 80 percent more than the face value.
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