Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Penny Hunting Spoils

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 4,530Next Topic Page 2 of 2
Valued Member
United States
144 Posts
 Posted 06/19/2013  12:29 pm  Show Profile   Bookmark this reply Add bookshelf to your friends list
It the long run I think it is worth it to save the 95% copper and wheat pennies.

By the way, 12 wheats out of $5FV of pennies is pretty good. I'm lucky to find 1-2 wheats out of $5FV.
Valued Member
United States
107 Posts
 Posted 06/19/2013  1:55 pm  Show Profile   Bookmark this reply Add Kritler to your friends list
I did 2 boxes the other night, which is $50 in pennies, only ended up with about 13 wheaties, and roughly about 10% copper yield. I plan on doing $200 more this weekend.
Pillar of the Community
United Kingdom
4208 Posts
 Posted 06/19/2013  4:37 pm  Show Profile   Bookmark this reply Add Ben to your friends list
Lots of people sell bulk wheats. I'm in such a market. I'm trying to make a date set (from 1909 to 33 is my main want list) but I also like having them around to give out. Throw a little something extra into trades and packages. You could do a commission based thing where you look for coins and dates for people.

Also look out for the high graded older coins!
Valued Member
United States
75 Posts
 Posted 06/19/2013  4:44 pm  Show Profile   Bookmark this reply Add mizugori to your friends list
when you say look out for the high graded older coins, any particular years? I have been saving anything older than 1980ish that is in very good shape (have a few interesting decent ones from the 60s and 70s) but I am assuming those will turn out to be not worth much and will end up going into the copper pile.
Pillar of the Community
United States
1217 Posts
 Posted 06/20/2013  6:24 pm  Show Profile   Bookmark this reply Add CoinCbass to your friends list
I sell 10000 copper pennies (100$) for 160 or 165 - not on ebay. I pull out and keep all the wheats, s mints, occasional IHC (5 this year), and bu coins for my kids sets. Craigslist is great for selling pennies

I have a few thousand wheats.

It's a lot of fun, but also a lot of work
Pillar of the Community
United States
1130 Posts
 Posted 06/20/2013  7:30 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list

Quote:
By the way, 12 wheats out of $5FV of pennies is pretty good. I'm lucky to find 1-2 wheats out of $5FV.




That is an excellent haul. Before you throw the higher grades into the copper pile, make a book or two of them.

Valued Member
United States
75 Posts
 Posted 06/20/2013  11:11 pm  Show Profile   Bookmark this reply Add mizugori to your friends list
When you make books do you try to get like every mint Mark of every year or just one of each year? I picked upa penny book from Barnes and Noble that has 90 slots I'm not really sure which 90 pennies to put in it lol...
Pillar of the Community
United States
1130 Posts
 Posted 06/21/2013  5:05 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
I do every mint mark for certain years. Normally the books tell you what to put in, but if this one doesn't, just look at a list of every year through a certain date and put them in the book. Ex. 1941-1974
Valued Member
United States
75 Posts
 Posted 06/27/2013  2:18 pm  Show Profile   Bookmark this reply Add mizugori to your friends list
Got a 1946 wheat today that's in way better shape than the other wheats I have been coming across... here's a pic with another 1946 wheat that's in what I would consider to be standard condition for these, next to it...

Penny-Hunting-Spoils

It actually looks much better in person, but I'm still trying to learn how to take proper pictures of coins... which is not as easy as it sounds lol.
Edited by mizugori
06/27/2013 2:19 pm
Pillar of the Community
United States
1130 Posts
 Posted 06/27/2013  6:55 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
Nice find!
Valued Member
United States
218 Posts
 Posted 06/28/2013  12:17 pm  Show Profile   Bookmark this reply Add jakeman406 to your friends list
I only wish I could get 12 wheat's out of $5.00 face I'm lucky to get 5 out of a $25.00 box great find
Valued Member
United States
75 Posts
 Posted 06/28/2013  4:11 pm  Show Profile   Bookmark this reply Add mizugori to your friends list
man, I got another $5 today I found like 20-25 wheats. I'm just not sure what to do with them to get the most value out of them
Valued Member
United States
92 Posts
 Posted 07/16/2013  12:49 am  Show Profile   Bookmark this reply Add illz to your friends list
Sounds to me like you're in this for the money rather than the hobby, which is fine. IMO, you should switch to halves and dollars and take the silver return and call it a win, or keep searching pennies for the big time lottery ticket finds that exist. Trying to hoard and sell copper and wheats will soon prove more trouble than its worth.
Valued Member
United States
366 Posts
 Posted 07/16/2013  3:12 pm  Show Profile   Bookmark this reply Add JobIII to your friends list
*** Edited by Staff - Please Review the rules that you agreed to when you registered.

Specifically, the Buy/Sell/Trade Rules. ***
Pillar of the Community
United States
1053 Posts
 Posted 07/22/2013  2:12 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list
I agree. If your in it for the $$ go for silver. Bigger pay off (if you find enough)
Page 2 of 2   Previous TopicReplies: 20 / Views: 4,530Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums