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When Did Wheat Cents Become Collectible?

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MichioKaku's Avatar
United States
374 Posts
 Posted 09/11/2015  10:08 am Show Profile   Bookmark this topic Add MichioKaku to your friends list Get a Link to this Message Number of Subscribers
At what time, in our recent history, did wheat cents become something that people hoarded? Old clad dimes and quarters have been in circulation for fifty years, and are not worth anything. It seems that wheats have been collected for decades now!
Edited by MichioKaku
09/11/2015 10:11 am
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 09/11/2015  10:20 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Coin boards for wheat cents came about in the 1930's, so I will say then.
Edited by TypeCoin971793
09/11/2015 10:20 am
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MichioKaku's Avatar
United States
374 Posts
 Posted 09/11/2015  10:23 am  Show Profile   Bookmark this reply Add MichioKaku to your friends list Get a Link to this Reply
At what time were they actually worth something?
Valued Member
United States
214 Posts
 Posted 09/11/2015  10:28 am  Show Profile   Bookmark this reply Add teo2015 to your friends list Get a Link to this Reply
Wheats denote a pre 1959 penny, so they would be from the pre-clad era. Seeing the wheats on the back is an indication that it is an old penny without having to check the date.
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Cascade's Avatar
United States
7390 Posts
 Posted 09/11/2015  10:49 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
In 1909 when a coin with a tiny s and 3 little letters came out
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CelticKnot's Avatar
United States
12815 Posts
 Posted 09/11/2015  10:51 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I'm not sure there's a definitive answer to your question. Many wheaties to this day aren't worth more than a few cents. 1909S VDBs have been valuable since they were issued, IIRC, due to hoarding and low mintage. Next to scarcity, condition, is, of course, very important.
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Bud250r's Avatar
United States
824 Posts
 Posted 09/11/2015  10:53 am  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
I've been collecting them since the 70's from pocket change.
Still only have a couple hundred of them.
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Cascade's Avatar
United States
7390 Posts
 Posted 09/11/2015  10:59 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Remer that it was the first coin to feature a US President so technically they have been collectible since day 1
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jbuck's Avatar
United States
187851 Posts
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SilverTracker's Avatar
United States
589 Posts
 Posted 09/11/2015  12:13 pm  Show Profile   Bookmark this reply Add SilverTracker to your friends list Get a Link to this Reply
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Garoyn's Avatar
United States
513 Posts
 Posted 09/11/2015  12:18 pm  Show Profile   Bookmark this reply Add Garoyn to your friends list Get a Link to this Reply
Well, wheat cents became collectible when I was about 8 years old. I didn't collect them before that.

Oh, you mean for *everybody*!? Then I must agree with the discussion above.
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MichioKaku's Avatar
United States
374 Posts
 Posted 09/11/2015  1:09 pm  Show Profile   Bookmark this reply Add MichioKaku to your friends list Get a Link to this Reply
I am drawing the connection that the wheat cents, even from the 1950s, were beginning to be collected around 1970...
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NumisRob's Avatar
United Kingdom
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 Posted 09/11/2015  1:15 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
I remember meeting an American collector in 1976 who saved Wheat Cents.
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billymac11's Avatar
United States
613 Posts
 Posted 09/11/2015  1:20 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
I would also point out that collectible does not necessarily mean valuable. I keep virtually every wheatie I find, even though almost all of them I've pulled are not valuable in any appreciable way. They're collectible, though not valuable, because I go out of my way to collect them, for whatever reason it is that motivates me.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 09/11/2015  1:50 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply

Quote:
..because I go out of my way to collect them,


I do too!
I don't know why though. I have lots of wheats from the teens to the fifty's but, whenever I find any I keep them been doing it a long time.
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T-BOP's Avatar
United States
18456 Posts
 Posted 09/11/2015  2:19 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I've been collecting , saving , and hoarding wheat cents since 1961.
It's what we DO . No, I don't work for GEICO .
Edited by T-BOP
09/11/2015 2:22 pm
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