Coin Community Family of Web Sites
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Shop CCF Members on eBay! 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Shop for APMEX Bullion on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Bought 2500 Wheaties For 95$ Never Again! Lol

To participate in the forum you must log in or register.
Author Previous TopicReplies: 26 / Views: 2,557Next Topic
Page: of 2
Valued Member
JohnnyDJersey's Avatar
United States
95 Posts
 Posted 07/04/2008  01:24 am Show Profile   Bookmark this topic Add JohnnyDJersey to your friends list Get a Link to this Message Number of Subscribers
Yea so I bought this bag, some teens, 1920s and 30s. But if I have to see another 1944 or 1956 I'm going to scream. First I sorted through the dates, then the mint marks and am in the process of rolling them. No rarities, a poor mans 1955 double die. Of course if the bag was unsearched it would have costed me at least double or triple. More than likely it would have been searched anyway with a few semi-keys thrown in to appease. Does anyone know the going rate for a roll of wheaties these days?
Valued Member
Australia
52 Posts
 Posted 07/04/2008  07:09 am  Show Profile   Bookmark this reply Add iconcoins to your friends list Get a Link to this Reply
Sorry to hear about your dilemma but it could have been worse. Sometimes it is just the fun of looking.
Pillar of the Community
neversuited1's Avatar
United States
1121 Posts
 Posted 07/04/2008  12:12 pm  Show Profile   Bookmark this reply Add neversuited1 to your friends list Get a Link to this Reply
JohnnyD, You are not the first person here to be scammed or disappointed with your purchase and you probably won't be the last. The best information that I can give you is go over them again looking for smaller errors (coppercoins.com) is a good reference. That will give you at least a little more value for your purchase. Then do an ebay Advanced search and find out what rolls have sold for. Good Luck!
Valued Member
United States
201 Posts
 Posted 07/04/2008  2:24 pm  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
Sounds about normal to me. IMHO, $95 for 17 lbs of wheat pennies is a great price, rare dates or no.
Valued Member
Pennypusher's Avatar
United States
486 Posts
 Posted 07/04/2008  2:25 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
After going through my first large collection of Wheaties I was a little disappointed too. Going through so many Wheaties really makes you appreciate how rare some of them are. Anyways, I still had a lot of fun going through them. The average dealer will buy rolls of wheats for $1.50(3x face), If you want to sell on ebay you might sell them for twice that. -PP
Pillar of the Community
Topher's Avatar
Canada
965 Posts
 Posted 07/04/2008  2:34 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply
I'm with Steamwalker. less than $.04 per Wheat isn't a bad price for common dates regardless of what you found.
Pillar of the Community
Silver Eagle's Avatar
United States
858 Posts
 Posted 07/04/2008  4:46 pm  Show Profile   Bookmark this reply Add Silver Eagle to your friends list Get a Link to this Reply
I always wonder how truthful these dealers are when they say the coins are "unsearched." I believe all are searched, especially for rare dates and mintages.
Valued Member
Pokermike4283's Avatar
United States
85 Posts
 Posted 07/04/2008  5:19 pm  Show Profile   Bookmark this reply Add Pokermike4283 to your friends list Get a Link to this Reply
And I stand behind you in that claim Silver Eagle. No educated "collector" would ever sell any coins, without first knowing exactly what he was selling. While you may find some "unsearched" or random lots at yard sales or things of the sort, lots, especially on ebay, are not unsearched. They use that term to entice people to bid high, hoping for a gem. Its' human nature to pay a small amount and hope for riches..lottos, casinos and so on all go on this.

~Mike~
Valued Member
JohnnyDJersey's Avatar
United States
95 Posts
 Posted 07/05/2008  08:31 am  Show Profile   Bookmark this reply Add JohnnyDJersey to your friends list Get a Link to this Reply
Yeah I figure the price of copper will continue to go up just like everything else and a couple years from now it will be hard to get 2500 for even 95$.
Pillar of the Community
halfabustisbetter's Avatar
United States
1984 Posts
 Posted 07/05/2008  11:14 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
$95 is cheap for 2500 wheats.
Pillar of the Community
NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 07/05/2008  9:52 pm  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
I'm not going to mock you for paying $95 for what is nominally worth $25 but better luck next time with dealers who check their lots and then dump them on some poor optimistic soul like yourself.. :(
New Member
United States
34 Posts
 Posted 07/06/2008  02:04 am  Show Profile   Bookmark this reply Add spotco2 to your friends list Get a Link to this Reply
If you had $95 worth of fun while sorting and searching, then I would say it was money well spent regardless of the outcome.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 07/06/2008  10:09 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah, you still got a pretty good price. If you see the same thing for $80 or less GRAB it, because you have very little chance at any real loss.
Valued Member
Australia
52 Posts
 Posted 07/06/2008  4:17 pm  Show Profile   Bookmark this reply Add iconcoins to your friends list Get a Link to this Reply
Sorry guys, but I'm just thinking of the poor mailman delivering the parcel (talk about wearing out your welcome mat).
Pillar of the Community
NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 07/06/2008  9:49 pm  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
I have made my mailman delivery 10 KG parcels on two occasions :)
I'm quite happy about it.. :P
Moderator
Learn More...
vermontensium's Avatar
United States
16677 Posts
 Posted 07/06/2008  11:14 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I do believe the $95 price tag is not bad. I am with Silver Eagle. I wonder how many of these wheat cents are unsearched. I'll tell you what, if I had a "barrel" of wheat cents and there was a chance of an 09-S VDB,09-S,14-D,31-S,55DDO just to name a few, I would look through all of them.
swcoin.ecrater.com
  Previous TopicReplies: 26 / Views: 2,557Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.31 seconds to rattle this change. Forums