Wheaties

I separate mine into the following groups:
1940-1958 P & D
1940-1955 S
1930-1039 all mints
1920-1929 all mints
1919 and below

This is how most dealers I know will buy them rolled and pay the most for the rolls. Before selling the rolls use a RedBook or some other coin guide to look for better dates and pull these out. If you really feel ambitious look at coppercoins.com for each date you have for die varieties. Most importantly, have fun!

I'm hoarding everything right now, but would probably concentrate on 20s and teens and throw everything else into one pile.

Look for a 1909 VDB S worth some big bucks

I dream of wheaties! I finished sorting the 5000 wheaties by decade. Here is what I got: lots of 40's & 50's, 7 teens, 7 twenties, 23 thirties, 3 nickels (1-39 & 1-40), 10 from Australia (3 silver color) and one from Danmark (Denmark?). Is there any reason to sort by year or mint mark? Or is there any thing in particular I need to look for? Thanks

Yeah, the bag was probably searched before the OP purchased it! However, since it was purchased about 15 years ago, it is still possible to find some Doubled Die and RPM Varieties. I say this, because even some of these Varieties have only been discovered within the last 15 years on some older Wheat Cents!

I would search the coins for Doubled Dies, RPM's and any possible overlooked Errors and 2x2 them. I would then replace the Wheat Cents removed or any missing from the bag with average circulated, common Date Wheat Cents, reseal the bag and hold onto it until the prices go through the roof. At that time, I would sell it but would not state that it is unsearched.


Frank

I am always skepticle when someone sells a bag of 5000 wheat cents claiming they are unsearched ... especially if they know anything about coins. Chances are they have been searched by someone-if not by the dealer or person you bought them from then prehaps by the person they purchased them from etc...I think the best source for truly unsearched wheaties is old tightly wrapped bank rolls. I found ten rolls at a garage sale last year- paid $1.50 each for them after some negotiation, and found a good percentage of teens/twenty's in VG-VF, two 1909 VDB's and a 1914 D in Fine condition.

RPM stands for Repunched MintMark! A Repunched Mintmark is the result of a Mint Worker punching the Mintmark into a Die then punching another Mintmark into the Die again. If the second punch is not perfectly on top of the first punch, then you will have a slight to moderately offset extra Mintmark. There are many reasons that this may have happened such as the first punch was weak, the first punch was crooked, the first punch was sideways or other reasons. Sometimes multiple or more punches of the Mintmark were made to a Die with some coins exhibiting a "D" Mintmark over a "D" Mintmark and sometimes a "D" over a "D" over a "D" Mintmark. Repunched Mintmarks are known to exist on many coins Minted at the Denver, San Francisco, Carson City and New Orleans Mints. Another different but somewhat similar Variety is an OMM (Over Mintmark). These occured when a Die or Dies from the Denver Mint with the Mintmark already punched into it was shipped to San Francisco for use in completing a Production run. This Die or these Dies are repunched with an "S" Mintmark over top of the "D" Mintmark, thus creating a Die with a "S" over a "D" Mintmark that is then transferred to any coins minted with this or these Dies. Quite a few different Varieties for RPM's and OMM's can exist for a specific Date and Mint since many Dies may have received additional punches of the same Mintmark or another Mints Mintmark, whether intentionally or unintentionally. Many coins even exhibit "D" over "S" over "S" or "S" over "D" OMM's as well.

Well, I hope that I have not confused you! I am sure that someone could explain it in a much simplier manner!


Frank

That's an awful lot of work putting THAT many coins in 2x2's !!
Congrats on accomplishing that !
I have 2,500 or so Wheaties that are just stored in ziplocks (double bagged).......and I fear that's where they'll stay for quite some time ! ..