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Should I Be Keeping All My Wheat Cents?

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Danhelmick98's Avatar
United States
330 Posts
 Posted 04/19/2014  10:15 am Show Profile   Bookmark this topic Add Danhelmick98 to your friends list Get a Link to this Message Number of Subscribers
I have been selling all of my wheat cents when I get around 200 of them collected. Should I be keeping them?
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spaceace's Avatar
United States
797 Posts
 Posted 04/19/2014  10:43 am  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
Only you can really decide that. It will probably be quite a loooong time(if ever) until they would have a significant premium. If you enjoy collecting them, making sets from them, or looking for errors, then I would keep them. Otherwise I would probably give them away to young kids or sell them so you can use the money to buy other things you are more interested in.
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KenKat's Avatar
United States
4085 Posts
 Posted 04/19/2014  10:45 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I keep mine but then I keep everything copper 1982 and earlier. I figure they're not making any more of them and it only costs 1 cent apiece to save them.
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Danhelmick98's Avatar
United States
330 Posts
 Posted 04/19/2014  11:29 am  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
Yeah, I save all my pre 82 copper as well.
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capsnhawks's Avatar
United States
134 Posts
 Posted 04/19/2014  12:02 pm  Show Profile   Bookmark this reply Add capsnhawks to your friends list Get a Link to this Reply
As Spaceace notes, keeping or selling the wheats is totally up to you. Since you have been selling them up to this point, sounds like this is your inclination. Personally, I keep all the wheats I find in change and while coin roll hunting. I keep all the 95% copper pre-1982s, as well. I may be straying a bit off topic here, but I have to admit that I am somewhat of a nutcase when it comes to the 1982s. Since I want my copper cent bucket to remain all copper, I weigh all the '82s I come across. Surprisingly, about 80% of the 82's turn out to weigh 3.1 grams (copper). I guess the mint transitioned away from copper to zinc sometime in the later half of 1982.
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United States
174 Posts
 Posted 04/19/2014  12:36 pm  Show Profile   Bookmark this reply Add LeoS to your friends list Get a Link to this Reply
I keep all my wheats, by year/mintmark in rolls. (well, they start in tubes, and when they fill, I move to paper wrappers 50 at a time).

Regarding copper and the 82s, I usually keep all of them, I figure around 1/2 are copper and if we are ever allowed to melt, the refinery/buyer will have sorters with hoppers to dump into. I just don't see the value in weighing them.
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Danhelmick98's Avatar
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330 Posts
 Posted 04/19/2014  1:07 pm  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
I do the same thing with my 1982s, I weigh every single one of them.
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United Kingdom
837 Posts
 Posted 04/19/2014  1:29 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply

Quote:
I figure they're not making any more of them


Thats good enough a reason and arent they getting harder to find as years go by ?


Quote:
but I have to admit that I am somewhat of a nutcase when it comes to the 1982s. Since I want my copper cent bucket to remain all copper, I weigh all the '82s I come across.


Thats a good thing to be a nutcase about !
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United States
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 Posted 04/19/2014  2:42 pm  Show Profile   Bookmark this reply Add tuleja to your friends list Get a Link to this Reply

Quote:
I keep all my wheats, by year/mintmark in rolls.


Same as above. I keep all of my wheats by year/mintmark in rolls. I also keep all Indians, and Canadian copper.
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Danhelmick98's Avatar
United States
330 Posts
 Posted 04/19/2014  2:44 pm  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
Which Canadian cents are copper, I find a lot when roll searching?
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mcshilling's Avatar
Canada
9164 Posts
 Posted 04/19/2014  4:24 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
1996 and below
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Danhelmick98's Avatar
United States
330 Posts
 Posted 04/19/2014  4:26 pm  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
Thanks.
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KenKat's Avatar
United States
4085 Posts
 Posted 04/19/2014  4:42 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply

Quote:
I weigh all the '82s I come across.


I do exactly the same thing, capsnhawks. Sounds like there's more than a few nutcases here when it comes to coins!

I've actually gotten to the point where I can tell just by the look and feel of 'em which ones are copper and which are zinc.
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1325 Posts
 Posted 04/19/2014  6:56 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply

Quote:
Should I be keeping them?


No, you should be giving the me for face value. I will trade a Kennedy half for each roll of wheats. (currently have 2000 halves I could trade for 2000 rolls of wheats.)

It is really up to you what you do with them. I would trade as above with anyone like that, but they are something unique in this day and age and the last one given to me in change the girl said, "Meh, it's just a penny, it isn't worth anything". Maybe not, but was the 1944 S to fill the hole in my folder.

If you are happy with what you are doing with them, then that is all that matters, nobody can tell you that you are doing your collection wrong, because it is YOUR collection.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 04/20/2014  05:38 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I have no interest in keeping copper cents, but I do keep the wheats. Two years ago I scored not only 2 solid rolls of steels, but also 52 solid rolls of wheats at the CU.
I also dig about 100 per year, and find a half dozen in change.

My LCS is paying Two Cents ea. per wheat.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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h1cks's Avatar
United States
66 Posts
 Posted 04/20/2014  11:33 am  Show Profile   Bookmark this reply Add h1cks to your friends list Get a Link to this Reply
I keep them (pre '82) also. You should check out the thread: "Are you a Collector or Hoarder...."
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