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Who's The Guy/Gals That Buys Wheat Pennies?

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Pillar of the Community

Canada
1723 Posts
 Posted 09/23/2012  7:35 pm Show Profile   Bookmark this topic Add samsnate to your friends list Get a Link to this Message Number of Subscribers
How many of you guys buy wheat cents and what do you usually willing to pay for them?
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 09/23/2012  7:42 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
I know scotty11 buys bags of wheats. I think it would be fun if you get a source that doesn't search the bags first. You can get some pretty good finds.
Valued Member
jlgaudlitz95's Avatar
United States
280 Posts
 Posted 09/23/2012  10:43 pm  Show Profile   Bookmark this reply Add jlgaudlitz95 to your friends list Get a Link to this Reply
I've been looking to buy a few wheaties for the right price.How many are you selling, and for what price?
Valued Member
sirdizzy's Avatar
United States
461 Posts
 Posted 09/23/2012  11:25 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
Not me I think Lincoln cents are one of the ugliest coins and have no desire to collect them EVER.
Pillar of the Community
Drsandman2's Avatar
United States
1374 Posts
 Posted 09/24/2012  02:25 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I will buy rolls when I find them at 2 to 2.5 cents each penny. I have 10 rolls dated 1918 through early twentys that I haven't searched yet. Paid $20 for all 10 rolls, though.
Edited by Drsandman2
09/24/2012 02:26 am
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John1's Avatar
United States
56855 Posts
 Posted 09/24/2012  05:37 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
Not me I think Lincoln cents are one of the ugliest coins and have no desire to collect them EVER.

OUCH
John1
Pillar of the Community
upstate's Avatar
United States
3278 Posts
 Posted 09/24/2012  07:37 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I always felt $2 a roll was a fair price but It looks like others do better than that.
Bedrock of the Community
United States
20753 Posts
 Posted 09/24/2012  07:55 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Way to many UNSEARCHED Wheat Cents out there.
Valued Member
jleveille's Avatar
United States
371 Posts
 Posted 09/24/2012  08:07 am  Show Profile   Bookmark this reply Add jleveille to your friends list Get a Link to this Reply
I buy them from a dealer at $190 per $50 face. I know he is not searching them as I got a 31-s and several semi keys in my last one. The one I picked up Saturday has netted a 10-s, 12-s, 13-s, 14-s, and 22-d, so far and I have just started going through it.
Pillar of the Community
BadToTheBone's Avatar
United States
1795 Posts
 Posted 09/24/2012  08:55 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Last time I bought wheat cents I believe I paid 3.5 cents a piece. They were all S mint and in EF40 (XF-40) with a few UNC's in the lot. Actually it was a bag...maybe a 5lb. sack. Cost me $100.00. Hard to remember without looking for receipt.
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jerseyben's Avatar
United States
1211 Posts
 Posted 09/24/2012  09:33 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
I sell bulk wheaties on CL. Have no problem getting $2/roll, sometimes more.
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murrellington's Avatar
United States
3276 Posts
 Posted 09/24/2012  1:12 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
That is awesome jleveille! Sounds like you got a good source. I'd love to get a bag someday. but with my luck it would probably be a searched bag of mostly 40's and 50's.
Valued Member
jlgaudlitz95's Avatar
United States
280 Posts
 Posted 09/25/2012  12:50 am  Show Profile   Bookmark this reply Add jlgaudlitz95 to your friends list Get a Link to this Reply
What is a good site for cheap Wheat cent rolls?( less than $3, low shipping)
I have a very small coin budget
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ninamason's Avatar
United States
1227 Posts
 Posted 09/25/2012  10:05 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
I'd love to buy, but the premium (300% of face? YIKES) is too high for me.
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murrellington's Avatar
United States
3276 Posts
 Posted 09/25/2012  10:45 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
300% face isn't much. Think about a silver dime at melt value. that's about 2,500% of face. if I did my math correctly.
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ninamason's Avatar
United States
1227 Posts
 Posted 09/25/2012  11:53 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
Yeah, but it's a lot for my budget. Or put another way, you could probably buy a Morgan and not think twice about it. I have to rebudget my groceries just to buy a common.
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