Are some coins worth more as scrap metal?

24th September 2009

Asked by: ANDREW ROBERTSON, BIELEFELD

Yes – depending on their age, and the market price of the metals they’re made of. The 1p and 2p coins minted before 1992 were 97 per cent copper. In 2006, the soaring price of copper made these coins worth more as scrap than their face value. But be warned: it’s illegal to melt down coins of the realm.