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What To Do With All These Wheat Cents?

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Valued Member
United States
439 Posts
 Posted 02/06/2010  10:58 am  Show Profile   Bookmark this reply Add TSOTL to your friends list Get a Link to this Reply
Got an idea for you.

I've heard a few people, such as yourself, say that they caught the bug by finding a wheatie, buffalo nick or whatever it may be. Instead of dumping those back into circulation take them to school with you, or to the kids section of your local library, anywhere a kid can run across them, and just drop a few here and there. It's pretty easy to take a couple with you and fish one out every now and again and just drop it on the carpet or wherever the kids are. I've been doing this with old world coins and other odds and ends that would otherwise just clutter up the place (you all know what I'm talking about heheh) for quite a while. The librarians in the kids section are wise to me now but they stil think it's kinda cool when some kid runs across something I've planted and has a cow over it. I dropped some at the local middle school a few weeks ago as I was walking in and while I was checking in at the front desk the athletic director came in with one of them in his hand. It was kinda funny seeing this big ex-jock (probably about 6'6" or so) checking out this old coin just like one of the kids would. Realistically I'm probably not really creating any new collectors but I can't think of a better use for these relatively worthless coins than brightening some kids day a bit. But then you never can tell........
Valued Member
United States
60 Posts
 Posted 03/08/2010  8:39 pm  Show Profile   Bookmark this reply Add coinundrum to your friends list Get a Link to this Reply
Got an idea for you.

I've heard a few people, such as yourself, say that they caught the bug by finding a wheatie, buffalo nick or whatever it may be. Instead of dumping those back into circulation take them to school with you, or to the kids section of your local library, anywhere a kid can run across them, and just drop a few here and there. It's pretty easy to take a couple with you and fish one out every now and again and just drop it on the carpet or wherever the kids are. I've been doing this with old world coins and other odds and ends that would otherwise just clutter up the place (you all know what I'm talking about heheh) for quite a while. The librarians in the kids section are wise to me now but they stil think it's kinda cool when some kid runs across something I've planted and has a cow over it. I dropped some at the local middle school a few weeks ago as I was walking in and while I was checking in at the front desk the athletic director came in with one of them in his hand. It was kinda funny seeing this big ex-jock (probably about 6'6" or so) checking out this old coin just like one of the kids would. Realistically I'm probably not really creating any new collectors but I can't think of a better use for these relatively worthless coins than brightening some kids day a bit. But then you never can tell........

Agree completely here. Sparking interest in others is absolutely the best thing to do with these "worthless" doubles!
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Adam_E's Avatar
United States
4846 Posts
 Posted 03/08/2010  8:41 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
they're really actually not worthless to me.
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j_h_s's Avatar
United States
1934 Posts
 Posted 03/20/2010  02:02 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
My opinion only: two rolls is not a lot of coin. Assuming you know there are no key dates/coins, leave them in the rolls and save them for 25 years...seriously; I have rolls of coins (lots of pennies) my dad and I collected over 50 years ago; some even longer ago than that.
.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 03/20/2010  4:45 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
D. I have them in a bag and I'm saving them! That's my primary reason for roll hunting cents (that and continuing to upgrade my Whitman folders). I don't think that the common dates in the 40's and 50's will every really be worth much since so many were minted and are still around. The other thing you can always do is to donate them to a local coin club for young collectors to go through. If you sprinkle some 20's, 30's and S mints in there it would be worth their while.
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Australia
1040 Posts
 Posted 03/21/2010  06:42 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
I have to admit, I often do what TSOTL does. I drop foreign coins, even Aussie pre-decimal coins in all sorts of places kids might find them. You just never know....
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 03/21/2010  4:57 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
There is another way of thinking.
I am a bit older than you, but haven't been activelt hubnting over 4, or 5 years. I have every wheat I have ever received, whether searching a box of cents, or happening to run across one, laying on the ground. maybe dropped, or maybe "planted. either way, I have them all . most jhave been checked and put into solid date, MM rolls. Some day, I might want to check thru one for a newly found variety, ot look for an error, ()one of those that is not worth a premium, but like the die breaks, some are quit notworthy, and as such are interesting to some collectors) I don't know who will receive them, much less what thety will do with them after receiving them. cash them in at the bank, or maybe sell them to a dealer. not my problem. you, being young, and having your life ahead of you, might think of just holding on to them, and, see what a roll of "run-of-the-mill-circulated cents will be worth. As for grading, best thing is to learn to grade, but if not that interested, yet, go bu the lowest grade in the Red Book, or Get coin Peices, or other rag, anf check their listings. it will give you an idea as to what you have. last, but not least, consider the bullion value, or "melt value". Copper has risen in value a great deal, and in time will be worth the time, and trouble to save. There are many other ideas, out there, but this is "my way". Enjoy what you have ahesad. I have enjoyed that which has passed, in my life. A young 85 year-old collector.

Dick
Valued Member
needgames4lyfe's Avatar
United States
323 Posts
 Posted 03/21/2010  5:17 pm  Show Profile   Bookmark this reply Add needgames4lyfe to your friends list Get a Link to this Reply
well, since no one said it, how about eating them?
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Adam_E's Avatar
United States
4846 Posts
 Posted 03/21/2010  5:21 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
OK!
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Scooby Due's Avatar
United States
4000 Posts
 Posted 03/22/2010  1:33 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Are they in decent condition? What is the range of the years? If they are duplicates to you and some of the years and mm's I need, maybe you could trade them for the 2 proofs I just sent you!
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The_Duke's Avatar
United States
1745 Posts
 Posted 03/22/2010  1:59 pm  Show Profile   Bookmark this reply Add The_Duke to your friends list Get a Link to this Reply
Just hang on to them. I draw the limit at one roll per date. I keep my 50 best of each date only.

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Jason11006's Avatar
United States
133 Posts
 Posted 03/22/2010  10:07 pm  Show Profile   Bookmark this reply Add Jason11006 to your friends list Get a Link to this Reply
If you have limited funds I would keep them, My local coin shop buys all common date wheats for 3˘ each, 10$ worth and you can buy a really nice $30 coin or just add to your money and search more pennies at a time.

Everyone keeps telling me they are gonna lift the melting ban either 2012 or 2016 and if they do all copper pennies are gonna be rare, and the wheats are gonna be worth more then just the copper bullion...

I remember when I was younger (im only 22 now) I would get a Wheat penny every once in a while and I would think it was cool and try to keep it but I always ended up spending it, I feel it would be better to sell them to a coin shop so someone can buy them that will apreachate it... thats just my 2˘
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kniceone's Avatar
Canada
42 Posts
 Posted 03/26/2010  4:26 pm  Show Profile   Bookmark this reply Add kniceone to your friends list Get a Link to this Reply
My dad was just a "kid" when he started saving indian head and wheaties when he lived in CA. He left CA in 1930 with the family and returned to Canada with those pennies and throughout his entire life - he never spent a US wheatie or indian head pennie. I have a great collection, lot of duplicates but now my grandchildren are starting to show interest in "papa's pennies". A pennie doesn't buy much these days so save your wheaties. Who knows - perhaps some day your grandchildren will appreciate them.
Valued Member
United States
99 Posts
 Posted 03/27/2010  6:11 pm  Show Profile   Bookmark this reply Add snook to your friends list Get a Link to this Reply
I've got about $3.00 (face value) of early LWC from the '10's to the 30's. I'm up for donating them to a worthy cause. Any Boy Scouts looking for a merit badge?
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noobie-numer's Avatar
United States
16 Posts
 Posted 04/01/2010  6:41 pm  Show Profile   Bookmark this reply Add noobie-numer to your friends list Get a Link to this Reply
how about a newbie coin collecter : )
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