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wheat pennie worth

PostPosted: Sat May 05, 2018 8:11 am
by marine70
I have a lot of wheat pennies I am wondering what they are worth by date etc. Any input will be appreciated not looking to sell right now. I have probably $1000.00 face.
Teens
Twenties
Thirties
Forties fifties
S mint

Re: wheat pennie worth

PostPosted: Sat May 05, 2018 4:47 pm
by SilverDragon72
Most common Wheat pennies sell for about 3 cents in my LCS.

Re: wheat pennie worth

PostPosted: Sat May 05, 2018 5:52 pm
by justoneguy
I think "commons" would be described as 40's and 50's
with mint marks mixed in
I'd pay 3.5 cents for those
I bought a bunch of earlier wheats here on RC a while ago
I can't remember what I paid

Re: wheat pennie worth

PostPosted: Sat May 05, 2018 9:01 pm
by johnbrickner
Google up "wheat penny values by year" and find more info than you want. Go to HA.COM. Register to make bids but don't bid if you don't want to. Sigh in. Click on value guides pull down, coins for numismatists. Under copper and nickel coins find Lincoln Cents (1909 - Present). Have fun. See recent past auctions and for how much. More fun.

Re: wheat pennie worth

PostPosted: Sun May 06, 2018 9:56 am
by marine70
Thanks for the information very helpful.

Re: wheat pennie worth

PostPosted: Sun May 06, 2018 2:50 pm
by Recyclersteve
I went to a local coin shop recently (2/2/18) and wrote down the prices he was selling bags of 5,000 wheaties for.

1909-1929: $1,249
1930's: $595
1940's-1950's: $275

Frankly, I don't think he has sold many of these recently.

I know of someone else who is buying wheaties for 3 cents each. If they are S-mints or in the 1930's, he will pay 4 cents. This second person is someone who deals in huge quantities of this sort of thing.

Re: wheat pennie worth

PostPosted: Sun May 06, 2018 8:54 pm
by maxwellsilverhammer
yes, i dont think your lcs will sell many if any at those prices these days. maybe if/when the melt value goes back up to 4 or 5 times face but not these days. jmho