2006-10-09 03:14:25 · 13 answers · asked by Bruza 17/uk 3 in Entertainment & Music ➔ Jokes & Riddles
I think a 2p coin melted worth noting, or its weight.
2006-10-09 03:16:29 · answer #1 · answered by Insomnia 5 · 1⤊ 0⤋
Big savers of copper coins could be minted
BRITISH shoppers have long viewed penny and 2p coins as little more than a nuisance, but soaring copper prices have made rummaging around the backs of sofas a little more worthwhile.
The price of copper has risen so high that 1p and 2p pieces are now more valuable on the commodities market than on the high street
- a 2p coin is now worth 3p.
Copper coins made before 1992 are 97 per cent copper. To get a tonne of copper it would take 145,000 2p coins or 290,000 1p coins, a face value of £2900. But if the same coins were sold for their metal content they would collect almost £4500, after the price of copper hit a fresh high today.
However, the Royal Mint warned that it was an offence for a member of the public "to melt down a coin of the realm".
http://news.scotsman.com/uk.cfm?id=712192006
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2006-10-09 10:17:13 · answer #2 · answered by ♥ The One You Love To Hate♥ 7 · 1⤊ 0⤋
Yes, if it is an old 2p coin.
2p coins now contain a smaller percentage of copper than they used to, due to inflating copper prices, so 2p worth of copper gets you less copper than it used to, hence a 2p coin nowadays contains less copper.
So an old 2p coin will have 3p of copper in it. But if you melt it down who are you going to sell the copper to?
2006-10-09 10:24:26 · answer #3 · answered by reddragon105 3 · 0⤊ 0⤋
Old ones yes, new ones no - they have been steel cored for a number of years now. If you want to tell whether you have a cheap 2p or an expensive 2p, use a magnet - you really can pick up a new 2p with it!
2006-10-09 10:47:39 · answer #4 · answered by Drew - Axeman 3 · 0⤊ 0⤋
It was during the recent commodity boom yawn when the price of copper went through the roof - because 2ps are made of copper, its melted value was more than its face value - but only for a brief time!
2006-10-09 10:17:23 · answer #5 · answered by Miss Behavin 5 · 0⤊ 0⤋
That's absolutely true, and if you burn a £5 note it's worth £20. That's how Alan Sugar made his money. He got a massive wad of £50 notes and threw them into the living room fire - thus becoming a multi-millionaire within seconds. Of course he kept it all a secret, and came up with this totally unbelievable story that he had created a big company selling computers called "Amstrad"! Does he think we're stupid?!
2006-10-09 14:40:20 · answer #6 · answered by John P 4 · 0⤊ 0⤋
As another user has said, copper expensive at the moment. I looked at an aerial installation web site and the guy on there said some cable or other has doubled in price because of the cost of the copper in its construction.
Wheres that burner gone?
2006-10-09 10:21:47 · answer #7 · answered by iusedtolooklikemyavatar 4 · 0⤊ 0⤋
apparantly yes, cos of copper prices. Sounds great but would cost you more in melting it that you would make.
(that last bit was a guess)
2006-10-09 10:16:57 · answer #8 · answered by markhatter 6 · 0⤊ 0⤋
Yr Avatar looks hot and that is the only reason im answering this ridiculous question.
2006-10-11 04:40:13 · answer #9 · answered by MGN2006 4 · 0⤊ 0⤋
only for coppers before 1997
2006-10-09 10:31:50 · answer #10 · answered by Anonymous · 0⤊ 0⤋