2p coins now worth 3p

[craig7501]

Britain's 2p coins are now actually worth 3p - thanks to the soaring price of copper.

Any 2p coins made before 1992 are now more valuable as scrap metal than loose change.

Earlier 2p coins contain 97% copper which has hit an all-time record price of $8,000 a tonne.

It means that 145,000 2p coins would be worth £2,900 at the bank - but about £4,400 as scrap.

One penny coins from the same period are also worth roughly 50% more than their face value.

in 1992, the Royal Mint introduced new 1p and 2p coins made of steel with just a thin copper plating.

[scotty67]

Off to raid my 1p/2p jar and head to the scrap yard

[sidthelamp]

well Craig i just went in the workshop and took a hacksaw to a 2000 2p its steel under the copper coating was a bit shocked at that

[sidthelamp]

whats the price of scrap aliminum Craig ?

[craig7501]

well sid the 2p's dated 1992 onwards are steel with a copper plating

[craig7501]

0p I would think

[sidthelamp]

0p il just have to sit on my stash then.

[raindropsies]

whats the price of scrap aliminum Craig ?

I know the question is not aimed at me but this site tends to be quite upto date and one I use for my scrap copper & other scrap

http://www.letsrecycle.com/prices/metals/

[sidthelamp]

thanks for that Sarah i will go and have a look.

[sidthelamp]

clean cast aluminium [cylinder heads ect] £500 a ton mixed brass £1600 ton