But in the weird world of penny hoarding, getting to the copper is a
very big problem. It's illegal to melt pennies an there is and obscure
federal law that makes it illegal to transport more than $5 in pennies
out of the country.
Penny hoarders know this of course, but they also know something else.
In what could be the biggest legislation to hit the U.S. Mint in 50
years, officials are now looking at the composition of pennies and
nickels and considering an overhaul. If the laws change and the mint
decides to abolish the penny, people would be free to melt them down for
A penny saved, many times over, could be a whole lot earned.
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