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Wheat Pennies

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Pillar of the Community
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3843 Posts
 Posted 10/28/2013  12:29 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list
In my opinion the 1940's and 50's are only worth 3-5 cents each. There are hundreds of millions of them out there which keeps the price very low.

The common years from the 1910's and 20's are slightly better, likely worth 10-25 cents each, however if you search through them and find any of the lower mintage dates like the 1909-S, 1909-S VDB,1914-D, 1922 then you're looking at more valuable coins.

The Indian Head cents can vary greatly depending on the year and condition that a generalization is impossible. Let us know what years you have and perhaps we can give you a better idea of what the value is.
Rest in Peace
United States
4078 Posts
 Posted 10/28/2013  06:10 am  Show Profile   Bookmark this reply Add bpoc1 to your friends list
withJoe2007. All this is based on finding a buyer.
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56855 Posts
 Posted 10/28/2013  07:34 am  Show Profile   Bookmark this reply Add John1 to your friends list

John1
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United States
19 Posts
 Posted 10/28/2013  08:06 am  Show Profile   Bookmark this reply Add Pre1958centguy to your friends list
I know I do not have the 1909 s, or s vdb. I also know there is no 1922 with no d, I did find a 1922 weak d . They are just a bunch of wheats I found from circulation or bought online in bulk to search through. I haven't gone through any of them for errors though because I do not know what to look for . I just skimmed them for key dates. I didn't even look for semi key dates.
Bedrock of the Community
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11951 Posts
 Posted 10/28/2013  08:19 am  Show Profile   Bookmark this reply Add GR58 to your friends list
Many people will look at retail price guides, and see that the coins they have, might have some good value.

The problem is the prices are for a single coin in a retail setting. As stated above, the common coins are out there in the millions. It is very hard to sell a common coin for a retail price. To even get close you would have to have your own coin shop. If you are selling online or at coin shows the competition is so great that you have to have the lowest price to be able to make a sale.

For as many years as I can remember common wheat cents trade in coin shops for, buy 2 cents and sell for 3 to 5 cents each. If they 2x2 the coins, maybe sell for 10 to 15 cents each. Of course the older and better condition coins will sell for more.

I am curious, what do you think they are worth ... and where did you get $300 face in wheat cents?
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 Posted 10/28/2013  6:24 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
You should pull out the 1922 and sell it buy its self, along with the other better date coins like any 1931 s pennies.
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 Posted 10/28/2013  7:45 pm  Show Profile   Bookmark this reply Add Pre1958centguy to your friends list
I think the 40s and 50s are worth 3.5 cents each, the 30s are 7 cents each twenties are 15 cents each and the teens are worth 25 cents each.
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 Posted 10/28/2013  7:47 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
Sounds about right.
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 Posted 10/28/2013  7:53 pm  Show Profile   Bookmark this reply Add Pre1958centguy to your friends list
Where should I sell at?
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 Posted 10/28/2013  8:09 pm  Show Profile   Bookmark this reply Add CoinDan98 to your friends list
Your figures sound reasonable.
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 Posted 10/28/2013  8:23 pm  Show Profile   Bookmark this reply Add Pre1958centguy to your friends list
Where should I try and sell these at?
Bedrock of the Community
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20753 Posts
 Posted 10/28/2013  10:19 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Where should I try and sell these at?

And so starts the real problems with coin values. If you went to a coin store, many of the ones you have would probably sell for 5 to 10 Cents. Some, pending the condition, may sell for a bit more. Now the problem. If you sold yours to a coin store, they in turn would have to resell them and make a porfit to pay for everything. So a coin they sell for 10 Cents, they would have to give you about 3 Cents or less.
If you tried to sell those on ebay, the charges for ebay, paypal, insurances, postage, etc. would eat up andthing you make.
In other words buying low valued coins is easy but selling them is a pain.
You could stick around here for a few hundred posts and then sell right here.
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 Posted 10/28/2013  10:23 pm  Show Profile   Bookmark this reply Add Pre1958centguy to your friends list
Ill try 100 posts will be a pain
Pillar of the Community
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8137 Posts
 Posted 10/31/2013  09:16 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
Not really. They add up fast.
Pillar of the Community
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1130 Posts
 Posted 10/31/2013  4:57 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list
You can go to all of the different topics here, and get a bunch in a hurry.
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