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I Found Some Pennies - About Two Pounds Of Them.

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ddreisba's Avatar
United States
16 Posts
 Posted 07/09/2022  6:07 pm Show Profile   Bookmark this topic Add ddreisba to your friends list Get a Link to this Message Number of Subscribers
I use a desk that my father gave me when I was a kid. I never really poked around in the back of the bottom drawer. Recently, circumstances forced me to move it and examine the contents, (I am now 81.) Money! Unfortunately, not big bills, but lots of change. And a couple of $2.00 silver certificates.

I should say that, as a kid, I was for a few years an avid coin collector. My wife dug out my old blue coin albums, and I was back into it. So I have looked at the date and mint mark on all of these pennies. The bag I am putting them in does not contain any 1931 coins or early pennies with an S mint mark.

My question: What should I do with them? I'm not much interested in selling them. Would anyone want them? Or should I take them to a bank and have them converted into paper money? Do banks still do that? Oh, they are about 98% wheat backed, the majority being from the 1940's and early 50's. I also have 30 or 40 Mercury dimes. These, I suspect, might be worth something.

Thanks for your help.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 07/09/2022  6:20 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
yes you have some value here.. other members will be along to advise you.
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hfjacinto's Avatar
United States
7273 Posts
 Posted 07/09/2022  6:36 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Many coin shops will pay 2.5 cents per wheat. You can do that.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/09/2022  6:56 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
What are the dates of the pre-1940 wheats?



to the CCF!
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westernsky's Avatar
United States
7613 Posts
 Posted 07/09/2022  7:08 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
to the Community!

The Wheat cents are worth around 3 cents each while the Mercury dimes are worth a couple of bucks each. Scarcer dates: better conditions could be worth more! Do not sell until YOU known exactly what you have! Nice find!

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United States
1227 Posts
 Posted 07/09/2022  9:12 pm  Show Profile   Bookmark this reply Add I6609 to your friends list Get a Link to this Reply
Do not take to the bank please someone out there who cares would buy them from you or could be sold at an auction
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ijn1944's Avatar
United States
19115 Posts
 Posted 07/09/2022  9:16 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Taking them to the bank--rolled in wrappers--has merit. Imagine placing these old coins back into circulation, and the joy it could bring someone just getting started in collecting and searching coin rolls. Just an idea.
Edited by ijn1944
07/09/2022 9:17 pm
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 07/09/2022  9:24 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To CCF , well if you had the number of required posts by CCF rules I would take everything you have at a fair price . Best to just hold what you have .
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jacrispies's Avatar
United States
3848 Posts
 Posted 07/09/2022  9:44 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
You should use your father's coins as a foundation to build a large collection for yourself. Just keep his coins separate forever so you will always have the memory with his specific coins.

Common date/condition wheat cents are worth about 4-5 cents retail, and Mercury dimes about $2.00 each.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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United States
797 Posts
 Posted 07/09/2022  9:59 pm  Show Profile   Bookmark this reply Add JTCC to your friends list Get a Link to this Reply
I would agree to above comments. I would also recommend acquiring the 2023 U.S. Red Book, it's a handy tool for information/VERY vague guess of value on U.S. coins.
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United States
684 Posts
 Posted 07/09/2022  10:07 pm  Show Profile   Bookmark this reply Add Ynnad to your friends list Get a Link to this Reply
Maybe leave some of them laying around in various places where small children might find them. Maybe one or two of them will be inspired to become a numismatist.
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Joshu - a's Avatar
United States
584 Posts
 Posted 07/09/2022  11:24 pm  Show Profile   Bookmark this reply Add Joshu - a to your friends list Get a Link to this Reply
Can we see some pictures?
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United States
2280 Posts
 Posted 07/09/2022  11:51 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
I would donate the Wheat Cents to a YN.

The mercs you should sell and get some cash.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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John1's Avatar
United States
56855 Posts
 Posted 07/10/2022  04:51 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Are there any family members that might want them for their collections or to start collecting? Any coin clubs near you, donate them there. Boy/girl scout troops, donate them there. As stated, depending on the dates of the wheaties,2-3¢ each and a bit more if they are older. Mercs has silver value at the least. Obviously, it depends on condition and dates/mints to their true values.
John1
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Chase007's Avatar
United States
7505 Posts
 Posted 07/10/2022  10:50 am  Show Profile   Bookmark this reply Add Chase007 to your friends list Get a Link to this Reply
to community.
You have some good advise here already.
I will pay you for the shipping and above if you like to unload.
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John1's Avatar
United States
56855 Posts
 Posted 07/10/2022  11:03 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Please read the buy/sell/trade rules.
John1
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