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 Replies: 31 / Views: 6,688 |
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Valued Member
United States
271 Posts |
Thanks for the great article as usual. One thing I have noticed in auctions is how much folks are willing to pay for wheaties - often 10-20 cents a piece in bages of 100+ coins! That made me more interested in hanging on to my wheaties a little longer. The last time I bought wheaties bulk was about 10 years ago (5000+). I only paid 2-3 cents each and ended up paying by the pound. Since we don't melt copper coins it is hard to understand hoarding wheaties by those NOT coin collectors.
Stay well,
Diy89Nurm7
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Valued Member
United States
84 Posts |
The one place you don't see much hoarding is in pre 65 silver. Most got dumped, which in turn, makes the value of what's left even higher.
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Pillar of the Community
Canada
5239 Posts |
The wheat cents are disappearing from circulation, but they are still around in their billions, and readily available by the 10s of thousands if you are willing to pay a few cents each. I see large bulk lots selling for 7-8 cents each on ebay. The billions taken out of circulation will not be destroyed any time soon. I am not sure why this is such a big deal. Edited by oriole
02/20/2021 4:32 pm
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Valued Member
108 Posts |
you literally copied that from PCGS
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Bedrock of the Community
United States
94367 Posts |
CCFPress brings us interesting articles all the time and always cites the source, as here.  |
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Pillar of the Community
 United States
5178 Posts |
Quote:
That points up another coin disappearing from circulation; Ikes. Ikes were in circulation? I thought they were more of a commemorative type of coin. After all, who wants to walk around with a huge coin in their wallet? |
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Moderator
 United States
188213 Posts |
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CCFPress brings us interesting articles all the time and always cites the source, as here. Yup.  Quote:
Ikes were in circulation? I thought they were more of a commemorative type of coin. They circulated in the casinos at least. My first two Ikes came from my dad after a Vegas trip. They seem to get spent a lot here, at least before COVID.  |
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Bedrock of the Community
United Kingdom
17923 Posts |
Interesting article!
It's strange but I seem to get 1976 and 1976-D bicentennial quarters in change every time I visit the States. I got two when I came off a cruise in 2014 and used them both in a machine to elongate a cent!
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Valued Member
United States
449 Posts |
it amazes me that wheats are still being found so frequently
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Valued Member
206 Posts |
There ain't to many people searching rolls here in Minnesota, plenty of finds for me!
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Pillar of the Community
United States
927 Posts |
Wheat cents still appear occasionally in circulation or in rolls. Most people not looking for them don't even notice the wheat backs. As someone who saves all nickels that I get in change, I have noticed that the pre 1960 nickels used to be fairly common, say 10 years ago. Lately they rarely appear in circulation, even though they look the same as any other nickel up until 2003. I don't know why I save them. Probably because the price of nickel jumped sky high some years ago and the metal value was about 9-10 cents each. I feel that someday cents and probably nickels will be allowed to be melted. Who knows when that will be. Oh well.
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Valued Member
108 Posts |
if the pennies are ever going to be melted down, all the wheat cents in circulation might die.
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Moderator
United States
188213 Posts |
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if the pennies are ever going to be melted down, all the wheat cents in circulation might die. Not if I can help it.  |
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Valued Member
United States
123 Posts |
Total wheat cents found in circulation last year, received in change = 2 I just had some fun at the bank today. First I asked how many $2 bills, the teller said 8. "I'll take them". How many $1 coins? 8 "I'll take them." This is a coin forum... 5 SBAs, 4 - 1979, 1 - 1980 1 Sacagawea 1 John Adams 1 Chester Arthur (Did someone spend a coin that was not released to circulation?) I save all my pocket change for a year, go through it around this time, and re-cycle everything I don't keep. What I do keep is wheat cents and better collected from circulation cents, which I stopped when the book ran out of holes. 1974, but I upgrade. I have popped old Jefferson's out of albums I bought and returned them to circulation. I hope they make someone happy. Later today I will be spending the $2's and probably all the $1 coins, except Chester Arthur, unless someone tells me, it's just a dollar coin? I like to be a PITA at the local tavern, because there are no slots and no front bins on many registers for these denominations.   Edited by PPorro
03/16/2021 4:50 pm
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Pillar of the Community
United States
1748 Posts |
I set aside quarters for car washes, etc, etc. The 1965-1998 eagle reverse Washington clad quarters are really starting to disappear now. Most are now State Quarters and the later park quarters. |
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Replies: 31 / Views: 6,688 |
First Page
Posted 02/20/2021 11:42 am
