Will Bulk Wheats Ever Increase In Price?

I feel the condition of these cents will determine if they have a chance to reach 10 cents a piece in bulk. If we went with the price of copper alone, they wouldn't even be worth 4-6 cents each for many, many years so there has to be collector value for the price to approach 10 cents.

For that to happen, I'd think they would have to grade VG or better to have a chance. If you put rolls together and guaranteed they were all VG or better, it wouldn't take too long to find buyer's at $5/roll.

This is just my 2 cents worth.

Wheat cents in bulk are 'average circulated' - which means their condition does not come into play.

Early wheat bags and S mint bags are already at the 10 cent level and higher. 10 cents a coin is $500 a bag. Early bags and S mint bags have been selling (at retail) for between $500 and $800 per bag for two years or more now.

4-6 cents is a huge increase over five years ago when the common dates were still available at 2.5 cents each. I would think at least another ten or more years before the increase will make it to 10 cents each for the common ones.

And yes, the spot price of copper could affect the prices if the price per 35 pounds of copper ever comes close to the price for a bag. Right now that doesn't look likely for a long time. The price of copper would have to reach $8.50 per pound for a bag weight of wheats to reach $300 in spot value. Right now copper is below $1.50 per pound. That's a wide stretch to make up.

I have seen several 5000 wheat all "S" bags go for a littel over 7 cents apiece with shipping. Probably all 40s and 50s

There has been a lot of speculation that this year's redesign of the cent will spark increased public interest in Lincoln Cents. I think anticipation of this event has a lot to do with the increased value of wheat cents the past few years.

If the speculation proves to be true, then this year might see a a spike in Wheat cent values. It seems unlikely that a spike in value could be a sustained increase, since the supply is so great; but 2009 just might be THE year for bulk wheat cents!

At most coin shows I've gone to all Wheat Cents USED to sell for $3 a bag of 100. That was about 5 or more years ago. Many dealers had them for about that price.
Now the same dealers sell a bag of Wheat Cents for $8 to $10 for 100. They do not promise any S or D mints. One dealer does state some S, D and a few 43's. Many of the dealers at the coin shows I go to don't sell bulk Cents of more than a 100 at a time. Not sure why buy most just have them in paper bags.
My prediction is the standard, well circulated, Wheat back Cent will be selling for about $10 each in about 500 years. This would be a great time to start planning for that.

Since 2007 you cant melt copper by law and we have only taped into 10% of the copper on the planet so there is 90% left to dig up so theres a vast amount in the earth the good news is that copper will always be needed for high tech computer componet boards and what ever else its needed for I think copper wire has 99.9% copper and lincolns before 1982 some have up to 95% hope this helps !

Good point just carl