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Will Regular Wheat Cents Ever Be Worth Much?

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Pillar of the Community
United States
1339 Posts
 Posted 03/12/2016  9:27 pm  Show Profile   Bookmark this reply Add babysitr to your friends list
Probablly newer collectors, Leaving mine to the grandkids! would likely be lucky to get my money back for the common ones.......
Valued Member
United States
123 Posts
 Posted 03/12/2016  9:51 pm  Show Profile   Bookmark this reply Add benjaminfailor01 to your friends list
I see them going constantly for four cents, and if they're in rolls they bring as much as eight cents each if they're 1940-1958.
Valued Member
United States
123 Posts
 Posted 03/12/2016  9:55 pm  Show Profile   Bookmark this reply Add benjaminfailor01 to your friends list
In fact, a few months ago ebay altered my max bid and I payed 5.6 cents each, instead of five, so I'm sure it happens to others as well.
Pillar of the Community
United States
2208 Posts
 Posted 03/12/2016  10:56 pm  Show Profile   Bookmark this reply Add jpsned to your friends list
I love wheat cents, mainly because they remind me of when I was a kid. I was born in 1959, so as I was growing up there were plenty of them still in circulation. I suspect many collectors feel the same way I do, which is why they'll always be worth at least somewhat more than face value.
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United States
17900 Posts
 Posted 03/13/2016  12:57 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Any loose wheats I get in collections I purchase go into jars. Someday I will have time to play with them. I thought I would this winter, but ended up filling yet another jar and a half instead.

As has been mentioned, common wheats are called common for a reason. They just are common and will likely be so for much longer than ANY of us will be around.
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United States
189004 Posts
 Posted 03/14/2016  10:21 am  Show Profile   Bookmark this reply Add jbuck to your friends list
They are a lot less common than they were when I first started collecting, so it is only a matter of time. How long is unknown of course.
Bedrock of the Community
United States
10038 Posts
 Posted 03/14/2016  10:36 am  Show Profile   Bookmark this reply Add Earle42 to your friends list
Wheat cents will be worth a quarter when our dollar depreciates to where a quarter is worth about what is now Three Cents worth of copper.

A look at history over the past years indicates this should happen within a month or so now, and we can actually expect a Wheat penny's copper value to be worth three quarters within the next couple years depending on whether the next elections result in a continuance on the same path.
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Valued Member
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265 Posts
 Posted 03/14/2016  10:45 am  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list
I couldn't imagine common wheat CENTS ever bien consistently sold for more than 5 to 10 CENTS in our lifetime. There are hoards and hoards, could you imagine just on this site the number of wheat CENTS we collectively have?
Valued Member
United States
265 Posts
 Posted 03/14/2016  10:47 am  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list
Not sure if anybody has ever tried to get a collective number on ccfm members wheat cents, but might be an interestin topic?
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 Posted 03/14/2016  10:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Not sure if anybody has ever tried to get a collective number on ccfm members wheat cents, but might be an interestin topic?
A place to start...

https://goccf.com/t/255366
Valued Member
United States
193 Posts
 Posted 03/14/2016  6:16 pm  Show Profile   Bookmark this reply Add d_dob to your friends list
I just went through a couple jars and pulled about 15 common wheaties to go along with a couple rolls I'm going to take down to my local coin dealer to sell. I keep the better dates, and anything that's XF and above or reddish.

Not to mention sorting through the post wheat Lincolns that I like/want to keep. Being a penny lover can be exhausting!
Pillar of the Community
United States
6326 Posts
 Posted 03/15/2016  01:43 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Hey congrats on your hoard of them though ! -
10,000 Wheats is no small feat !
I think you should just sit on them and let your future children and grandchildren enjoy them, and don't worry about a potential unknowable future value.
As is said frequently, collect what you enjoy.
Pillar of the Community
United States
624 Posts
 Posted 03/15/2016  01:59 am  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list
On craigslist in the Boston area there is a guy currently selling 1000 wheat cents for $250. So if it sells then that would be .25 each which would be in our life time. haha
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United States
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 Posted 03/15/2016  07:31 am  Show Profile   Bookmark this reply Add jerseyben to your friends list
Define "regular" wheat cents.
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United States
123 Posts
 Posted 03/16/2016  01:08 am  Show Profile   Bookmark this reply Add benjaminfailor01 to your friends list
30s, 40s, & 50s (aside from 31-S & other key date) wheat cents, usually from the P or D mint, in circulated condition. That's what my definition is.
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