Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors Shop for APMEX Bullion on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Rate My Wheat Cent Bags (And What To Do Now)

To participate in the forum you must log in or register.
Author Previous TopicReplies: 6 / Views: 1,216Next Topic  
Pillar of the Community
bibd's Avatar
Canada
838 Posts
 Posted 09/01/2009  3:32 pm Show Profile   Bookmark this topic Add bibd to your friends list Get a Link to this Message Number of Subscribers
I live in Western Canada and recently picked up what I think is a pretty sweet score of 500 wheat cents. They cost $40 Canadian plus taxes, which in total is a bit over $40 US.

Highlights: 1909vdb x 3, 1909 x 4, 1910, 11, 11S (in VF, wow!), 12, 13 x 4, 13D, 14 x 3, 15 x 2, 21S, 23S, 24S x 2, 25S x 10, 26S x 2, 31D x 2, 32D x 2, 33, 33D x 2, 36 double die (sweet!), Canadian x 2, 120 pre-1930

Lowlights: the bag was over ten coins short and contained several grimy coins

I am pretty sure I kicked butt on this lot. It seemed not only unsearched, but old and unsearched. In general, you can get some nice US stuff here since Canadian collectors are usually indifferent and unknowledgeable toward US coins.

Anyway, what do you all think?

Part two of the story: I went back for another 1000, but it only yielded about as good as the 500 above, for nearly twice the price. This next 1000 had a low grade 22D, a couple more 31D, some 09 and 09vdb, a 15D, a couple 21S, a few common teens, etc.

What do you think of this second lot? Is it below the threshold of being worth it?

Now, what next? My situation is that I now have a decent hoard of wheats (about 5000) from which I've made some nearly complete trader Whitman albums and date rolls. There are plenty of 40s/50s, but the vast majority of those have mintmarks. And I think I have more teens/20s/30s than most 5000 count lots would have.

Can I please solicit opinions on how to divide and sell my extra wheats? For instance, are fifty 1925S wheats worth more sold as a roll or mixed into a huge bag? I have too much morality to claim my wheats are unsearched, but even being searched they are possibly better than a random bag from ebay. Again, this is due to getting them from Western Canada, where there are mintmarks and not a ton of interest.

Thanks in advance!
Edited by bibd
09/01/2009 3:42 pm
Pillar of the Community
Gothic Florin's Avatar
United States
2541 Posts
 Posted 09/01/2009  3:36 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Sell them as unsearched hoardes from a South Dakota farmer on E-bay!
Bedrock of the Community
BadThad's Avatar
United States
19944 Posts
 Posted 09/01/2009  3:41 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
You did great considering you only had 500. I've searched 5000 count bags and found less than that. The price was a little high at over 8 cents per coin, but the haul made up for that. Was there no BU wheats in there?
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Pillar of the Community
bibd's Avatar
Canada
838 Posts
 Posted 09/01/2009  3:54 pm  Show Profile   Bookmark this reply Add bibd to your friends list Get a Link to this Reply

Quote:
Sell them as unsearched hoardes from a South Dakota farmer on E-bay!


I busted a gut reading that!


Quote:
You did great considering you only had 500.


Thanks! I was a little let down on my second 1000 (considering the price), but overall no complaints!


Quote:
Was there no BU wheats in there?


A few of the fifties had a tiny bit of luster left -- let's call them AU. But no BUs. Actually, I don't very often see BU wheats up here, even from the fifties. What probably happens is that older wheats circulate more here before being pulled. The average Canadian won't notice the wheat reverse as particularly special. I've found a suprising proportion of wheats roll searching up here. (Not as high as you can of course, but much higher as a percentage of all Lincolns.)
Pillar of the Community
rockdude's Avatar
United States
1807 Posts
 Posted 09/01/2009  3:58 pm  Show Profile   Bookmark this reply Add rockdude to your friends list Get a Link to this Reply
You did good, a lot better then I get on e-bay from unsearched hoards from South Dakota.
Valued Member
sublime118's Avatar
United States
406 Posts
 Posted 09/01/2009  7:38 pm  Show Profile   Bookmark this reply Add sublime118 to your friends list Get a Link to this Reply
You did a lot better than my 2 last bags. I bought one lot of 1,750 which was ok, and a lot of 1,500 which had nothing in it. Sounds like a score!
BD
Pillar of the Community
bibd's Avatar
Canada
838 Posts
 Posted 09/01/2009  8:30 pm  Show Profile   Bookmark this reply Add bibd to your friends list Get a Link to this Reply
What do you guys do with your 40s and 50s? Just spend them?

Luckily, I can legally melt US copper here, but they must be worth more than ~1.8 cents or whatever the melt is.
  Previous TopicReplies: 6 / Views: 1,216Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.3 seconds to rattle this change. Forums