[urq] [s-cars] NAC, thoughts on copper prices

[elijahallen92 at aol.com]

That would work great if penny's were made of pure copper but they are mostly zinc unless you can find the real old ones.

Elijah 
 
-----Original Message-----
From: djdawson2 at aol.com
To: s-car-list at audifans.com; urq at audifans.com
Sent: Mon, 5 Jun 2006 14:13:12 -0400
Subject: [s-cars] NAC, thoughts on copper prices


I guess I'm a little behind... but I'm doing some remodeling on my home.  Off I 
go to Home Depot to buy a 250ft reel of 12-2 wire.  $102!?  So, I'm told that 
copper prices have gone through the roof (probably following the oil company 
business model).  The current price for scrap copper is now at $3.72 per pound.
 
This gets me thinking... what does 372 pennies weigh?  So, off to the super 
accurate and recently purchased refrigerant scale.  Turns out that 372 pennies 
weighs in at 2.1204 pounds.  In other words... 372 pennies turns out to be worth 
$7.89 on the scrap copper market.  This is a large return on investment.  
Anybody want to go into the penny melting business?
 
Dave
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