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What To Do With All These Wheat Cents?

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Adam_E's Avatar
United States
4846 Posts
 Posted 01/31/2010  3:18 pm Show Profile   Bookmark this topic Add Adam_E to your friends list Get a Link to this Message Number of Subscribers
i have like 2 full rolls of wheat cents that I already have in my collection. What do I do with them?
A. let them back into circulation
B. Put them in 2X2 flip folders to sell later on when (or if) I'm a coin dealer
C. Put them in 2X2's to save for a reaaaaaaallly long time
D. put them in rolls and save them
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kena's Avatar
United Kingdom
1682 Posts
 Posted 01/31/2010  3:27 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
I would not go for option A.

Would go for a mix of C and D.

A fifth option could be to sell or trade them on here.

Ken

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AndrewC's Avatar
United States
335 Posts
 Posted 01/31/2010  3:27 pm  Show Profile   Bookmark this reply Add AndrewC to your friends list Get a Link to this Reply
When my son and I coin roll hunt, we set aside any duplicate wheat cents. When there are fify, we roll them up. He throws them in the auction at his coin club for a (tiny) profit.

Anything with green on it goes back into circulation.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 01/31/2010  3:36 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
I tend just to throw the common ones in a bin on my desk, the rarer/better ones I put into flips
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ceaton's Avatar
United States
1179 Posts
 Posted 01/31/2010  3:54 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
I'm with Xavier on this one. Toss the commons in a jar and eventually sell as bulk or something. Put the rest in 2x2 and sell/trade
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markha's Avatar
United States
57 Posts
 Posted 01/31/2010  3:54 pm  Show Profile   Bookmark this reply Add markha to your friends list Get a Link to this Reply
Saving them can get weighty, I just traded 56 rolls to my local coin shop. I kept about 12 rolls of the better dates/quality
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Adam_E's Avatar
United States
4846 Posts
 Posted 01/31/2010  3:56 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
well I'm a kid for one and I have no idea which ones that are scarce/rare dates. and I have a limited amounts of 2X2's so I only want to put the ones that are worth .50 plus in coin holders.
Edited by Adam_E
01/31/2010 7:25 pm
Bedrock of the Community
United States
20753 Posts
 Posted 01/31/2010  4:13 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

well I'm a kid for one and I hve no idea which ones that are scarce/rare detes. and I have a limited amounts of 2X2's so I only want to puut the ones that are worth .50 plus in coin holders.


Pending on your plans and your age, many things are possible. You could start by asking your parents to get you a copy of the Red Book by Whitman. Lots of info on which coins are worth what. If you want to save them all just carefully place them in a glass jar for now unless you take the time to look up which ones are valuable. You could do that by checking the places on line that have price guides such as the PCGS web site.
I used to save all of them but now every once in a while I take a handfull and place them back in circulation and imagine the look on someones face when they find them.
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Adam_E's Avatar
United States
4846 Posts
 Posted 01/31/2010  4:16 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
I alredy do have a Red Book. but I dont know that well how to grade coins. so it would be kinda hard to dertimine the value. it would also be hard to ask for 100 coins to grade on ccf
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ratman4762's Avatar
United States
2520 Posts
 Posted 01/31/2010  4:31 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

Quote:
I alredy do have a Red Book. but I dont know that well how to grade coins. so it would be kinda hard to dertimine the value. it would also be hard to ask for 100 coins to grade on ccf
I would pick up a copy of Photograde or the like. Check some used book stores. I picked one up that way many years ago.
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Adam_E's Avatar
United States
4846 Posts
 Posted 01/31/2010  4:34 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
ok thank you I will
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ratman4762's Avatar
United States
2520 Posts
 Posted 01/31/2010  4:50 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
You might check Amazon. I see where you might be able to get one for 5 or 6 bucks shipped.
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Adam_E's Avatar
United States
4846 Posts
 Posted 01/31/2010  7:23 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
ok I will thank you for the advice everyone!
New Member
United States
5 Posts
 Posted 02/02/2010  2:51 pm  Show Profile   Bookmark this reply Add its2bornot2b to your friends list Get a Link to this Reply
i have the Blue Book by R.S. Yeoman , and it is pretty self explanatory on the grades of each coin. ...maybe you might wanna grab yourself a copy?
New Member
United States
3 Posts
 Posted 02/04/2010  10:18 am  Show Profile   Bookmark this reply Add dennis07 to your friends list Get a Link to this Reply
There's nothing wrong with returning them to circulation. You never know when a kid will find one and then get hooked on coin collecting. If you do return them to circulation I'd recommend spreading them around rather than returning them all rolled together.
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Adam_E's Avatar
United States
4846 Posts
 Posted 02/04/2010  4:28 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
well, I'm a kid and I got hooked on coin collecting by finding Wheat cent too! soo I might, but for now ill just leave them be
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