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Old Wheat Pennies - Keep Or Sell?

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jbuck's Avatar
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190135 Posts
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100 Posts
 Posted 07/10/2023  11:15 am  Show Profile   Bookmark this reply Add MajorPatW to your friends list Get a Link to this Reply
Yep, I like the old stuff for historical reasons also. I think of old stuff as 40s and 50s. My wife reminder however that old stuff now is 80s and 90s. hahahahaha
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 Posted 07/14/2023  9:53 pm  Show Profile   Bookmark this reply Add General Sherman to your friends list Get a Link to this Reply
HOARD HOARD HOARD!!
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 Posted 11/04/2023  3:46 pm  Show Profile   Bookmark this reply Add General Sherman to your friends list Get a Link to this Reply
Kepp em. Memorials too. throw them in a bucket in the corner.
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Tacc's Avatar
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3535 Posts
 Posted 11/04/2023  3:57 pm  Show Profile   Bookmark this reply Add Tacc to your friends list Get a Link to this Reply
I'm still hoarding a rather large collection of wheats since 1974. varying conditions, G to MS
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 Posted 11/05/2023  09:02 am  Show Profile   Bookmark this reply Add MavamQ to your friends list Get a Link to this Reply
Well this is just sad to read :-)
I have a collection from 50+ years ago, my mother got me started on when I was a pre and middle teen. She did more work on it than I did!
So, I have pennies, some 20s, more 30s, 40s and 50s, and many rolls from 60 to 81.
Probably 70lbs worth.
I recently pulled it out of the closet and decided I might as well liquidate before I die.
It there any value other than face value that I can realize?

Mikek

P.S. I do know the silver has melt value.
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 Posted 11/05/2023  12:49 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
most coin shops will pay a few cents each for wheats (pre 1959), and you can probably sell the 1959-1981 ones for 2 to 3 cents each on ebay, but the problem is shipping costs have greatly increased during the past 10 years, so it can cost you $10 just to ship $15 of cents
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Errers and Varietys's Avatar
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 Posted 11/05/2023  11:04 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I always keep them.
Errers and Varietys.
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Dearborn's Avatar
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98753 Posts
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 Posted 11/07/2023  3:51 pm  Show Profile   Bookmark this reply Add SlickCoin to your friends list Get a Link to this Reply
I keep mine for we all remember the real reasons for the copper shortages and I'd want to provide :)
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SquareCircle's Avatar
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 Posted 11/10/2023  08:49 am  Show Profile   Bookmark this reply Add SquareCircle to your friends list Get a Link to this Reply

Quote:
They're always common ones with dates I already have, and (with a couple of exceptions) they've always been from the '40s and '50s.

I guess I need to revise this earlier comment since (as mentioned in another thread) I found a 1909-VDB recently, which is a date I didn't already have. And I've found 2 or 3 wheaties from the '30s in the last few years, as well as a 1928; all of these have been or will be spent.
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 Posted 11/10/2023  1:31 pm  Show Profile   Bookmark this reply Add jakeman406 to your friends list Get a Link to this Reply
A man after my own heart. I agree totally.
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SquareCircle's Avatar
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 Posted 11/10/2023  3:38 pm  Show Profile   Bookmark this reply Add SquareCircle to your friends list Get a Link to this Reply

Quote:
A man after my own heart. I agree totally.

With who/what?
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PlumCrazy814's Avatar
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901 Posts
 Posted 11/11/2023  4:20 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
If they are in very fine or better, I stick them in flips and keep them. If they are good or below, I accumulate them and sell them to the local coin shop when I get a roll or so. I keep some in case my grandson acquires an interest so he can put them in Whitman folders.
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