Yes and no. Have to manually feed it..so a bit slow.
Also, it doesn't separate out CAD pennies..which would be illegal to melt down in Canada.
Im in Canada, and pennies up to '96 are 98% i think. Got boxes of it in my room.
It's not the copper content, it's the fact that if someone wants to take all my pennies across the border [you can carry 1 million pennies on you legally (~6300 lbs of copper)] and melt them down, they can't melt the CAD pennies. They can melt the American pennies for the copper content, but not the CAD pennies. Same in America, if you have a bunch of copper CAD pennies, you can melt them in America, but not American pennies.
(Text as of 2/19/02) 18 U.S.C. §331:
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled or lightened - shall be fined under this title or imprisoned not more than five years, or both. (Emphasis added.)
It says bringing coins INTO the United State to be mutilated, not exporting them.
So, you can't bring me a ton of Canadian pennies