Has Anyone Ever Purchased Wheat Pennies From Overstock?

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Author	Replies: 8 / Views: 1,373
Jayeroner Valued Member United States 68 Posts	Posted 06/19/2020 04:53 am Overstock sells a pound of wheat pennies at about 30 dollars. Has anyone ever bought any? Do you think they go through them good for any that are rare? Report this Post to the Staff

merclover Bedrock of the Community United States 10635 Posts	Posted 06/19/2020 05:23 am The usual going price for wheaties is about 3 cents each. If they are selling them at 1 dollar apiece, WOW! They better be some good ones in what they give you for 30 bucks. If not, can you return them? Report this Post to the Staff
Petespockets55 Pillar of the Community United States 5780 Posts	Posted 06/19/2020 06:44 am I agree with Merclover, those would be fairly expensive. At about 150 wheat cents to the pound, that would be on the high side (+-20c each). Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow. Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 06/19/2020 08:22 am You can bet that those wheat cents are Overstock from dealers that can't get rid of them at any price . I would stay clear of them . Report this Post to the Staff
coin rejector Pillar of the Community United States 2857 Posts	Posted 06/19/2020 3:44 pm @Jay.... In regards to anything I consider purchasing, I tend to read the customer reviews first. I don't put much credence in the one sentence or few words reviews that give 5 stars or the 1 star reviews that just bash for no reason. I look for the real reviews that give actual details, btw here's a link to Overstock pennies/reviews.... https://www.overstock.com/Sports-To...reviews.html Edited by coin rejector 06/19/2020 3:45 pm Report this Post to the Staff
CoinHunter27 Pillar of the Community United States 5887 Posts	Posted 06/19/2020 4:11 pm That's way expensive for a pound. I buy mine at 3¢ a piece, which is the most common pricing for bulk wheats. -CH27 Collector of U.S. Coins, Varieties, and Colonial Coinage Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 06/19/2020 4:56 pm Doesn't seem like a sound way to build a collection. Report this Post to the Staff
coop Bedrock of the Community United States 62064 Posts	Posted 06/19/2020 4:57 pm Its a good deal for them. To unload previously searched coins for a premium. Save your money on these. Find someone who is selling wheat cents that are not a variety collector. How can you tell if they are a variety collector? Look at what they are selling. On ebay look at what they have sold in the past or what they have bought in the past. Report this Post to the Staff
sheldius Pillar of the Community United States 1204 Posts	Posted 06/19/2020 10:32 pm Reasonable ebay sellers of wheat pennies are between $4.50 and $7.00 a pound. At least when you are buying above 5 lbs. So everybody, how / where do you unload your searched coins? Can always get face value at the bank of course. And copper stackers would be happy to have them at around 1.5-2 cents. Would you get more selling to coin dealers? Maybe 2.5 cents? I have limited budget (no really but my wife says some have to go out before new come in) and looking to when this bag of 5000 runs out. So want to get as much as possible without lying to go towards next bag. I'm about half way through. Report this Post to the Staff
	Replies: 8 / Views: 1,373

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