[urq] [s-cars] NAC, thoughts on copper prices
David Kase
davekase at pdqlocks.com
Mon Jun 5 14:29:42 EDT 2006
Yeah, but zinc is way up as well...as is brass and everything else we
use to make commercial door locks.
Dave Kase
Engineering Manager
PDQ Locks
elijahallen92 at aol.com wrote:
>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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>
--
David B. Kase
Engineering Manager
PDQ Industries, Inc.
2754 Creek Hill Road
PO Box 507
Leola, PA 17540
717-656-4281 (p)
717-656-8749 (f)
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