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Posted

As an aside, old pennies were made of pure copper and were three to the ounce. Once the price of copper got to £600 a ton then it was worth melting them down. As a schoolkid I went on a visit to Enfield Rolling Mills to see the stuff being smelted and worked which was quite an experience. On one occasion there was a lorry parked just inside the entrance with billets of pure copper and brass, these were about 1 metre square by 15cm thick, and somebody just walked in a drove off with the lot, lorry and all.

Posted

Went to emr had just under 40 kilos of low grade stuff, worked out at £1 per kilo. Had a text from a mate who works on the LME, yesterday it peeked at $10,000 per tonne.

There was a steady stream of people selling the stuff.

Posted

Took i think 12 kilos of it it to scrap dealer 2 weeks ago and got £57 but it dowes have to be clean bright copper, not old pipe etc. If its wire and its still in the plastic insulation you get a lot less. Think i got about £12 for around 11 kilos of that. I hadnt been bothered to strip it all out, although at the prtice differnece its definatly worth doing. Dont be tempted to burn it off though as this as far as i know is illegal and would reduce its price anyway.

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