Page 1 of 1

What are you doing with wheats?

PostPosted: Thu May 19, 2011 12:11 am
by exbingoaddict
For all those that pull out the wheats, are you doing with them? Do you hoard them? Do you sell them? If you tell what kind prices are usual?

Per coin and/or per roll (50s, 40s,30s, 20s, teens)?

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 12:55 am
by Centsation
I just hoard my wheat cents. I've looked into selling them, but I've found that circulated common date wheats only go for about 10 cents or less per coin.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 4:04 am
by GTOJohn
hoard them. i keep them grouped by decade (teens, 1920s, 1930s, etc)

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 5:11 am
by Number21
Right now they all go into a big jar and will likely sit there for a while until all the wheats and most other coppers have been pulled from circulation, I'm sure they will sell for a premium someday...(just like if you had rolls of indian heads now)

I'm doing the same with the 2009 penny series and the "S mint" coppers I find, I put them aside for later, they might not be worth much now, but they will be once copper has been depleated from circulation.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 5:20 am
by harley1
i do the same as GTO

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 5:34 am
by realfoot
i too save mine and roll by decade.theres' always a market for them.people seem to want rolls when trying to fill their coin albums.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 7:20 am
by henrysmedford
I tube all of Franklin's finds by date and mint mark and after fifty into paper roll. After two years of doing this we have yet to fill a tube of pre 1940. I think that 1919 or 1937 will win that race as each are half way there.
Joe
Franklin's Dad

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 9:46 am
by AGCoinHunter
Toss them in a tub and forget about them. Way too much effort to sort them by date, decade, or anything else.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 9:57 am
by Slaphot
I make 2 piles, 1909-33 and 1934-58. I will sell them when I get enough to make it worth
wile to ship.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 10:46 am
by Morsecode
40's & 50's P/D in one jar, trading stock when it grows to $10 or so face.

09 thru 39 saved & kept long term.

All San Fran wheats in another bag. Maybe sell/trade someday.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 12:35 pm
by cwgii
sort everything into date/mint mark. to get a 'set' of rolls.

with the 20 lowest mintages going into 'flips'.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 1:05 pm
by pennypicker
I sell them as soon as I have enough to sweeten a cu bullion penny lot I want to sell. Pre-40's I keep longer for the enjoyment of looking at them but they too will go. :D

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 6:04 pm
by gojomoso
I'll keep them until i have a large enough batch to sell for a worthwhile profit
probably sell them in a lot cause i dont really want to spend the time to find the worth of each wheat

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 6:43 pm
by MinerJohn
Anything after 1933 get thrown in a canvas bag. Everything else I sell as collectible coins.

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 6:57 pm
by henrysmedford
MinerJohn wrote:Anything after 1933 get thrown in a canvas bag. Everything else I sell as collectible coins.


The 1938-S and the 1939-D are hard to find so far this year on the list only (7) 38-S and (3) 1939-D see http://www.realcent.org/viewtopic.php?f=10&t=5438
You might keep them. :D

Re: What are you doing with wheats?

PostPosted: Thu May 19, 2011 9:22 pm
by ed_vantage17
Mark down on my spreadsheet by year and mint mark, then into a mason jar it goes.

Re: What are you doing with wheats?

PostPosted: Fri May 20, 2011 3:20 am
by Number21
Alright, somebody school me on wheat years. To me 1909-1958 are all the same. What's the difference, besides age? (excluding the steel ones)

Re: What are you doing with wheats?

PostPosted: Fri May 20, 2011 5:52 am
by inflationhawk
It's all about the mintage. The fewer there are, the more they are worth.

http://en.wikipedia.org/wiki/Lincoln_ce ... ge_figures

Re: What are you doing with wheats?

PostPosted: Fri May 20, 2011 9:08 am
by HoardCopperByTheTon
I hoard them of course! Actually, I have been known to buy and sell small hoards of these. Did a deal to add 30,000 more of em to the hoard yesterday. Much faster than trying to pluck them out of the copper sort. I don't have time to sort the copper for wheats.. so I just leave them in there. Most buyers prefer it that way anyway. I figure some time years from now I can sort the wheats out of my copper hoard.. but right now I prefer to focus on copper capture. It is cheaper and easier to just buy bags of wheats. :mrgreen:

Re: What are you doing with wheats?

PostPosted: Fri May 20, 2011 3:54 pm
by Know Common Cents
I keep them all in a gallon cider glass jug (sans cider). Anything damaged or less than good condition gets tossed into the general copper bucket for hoarding or future sale.

I agree with the others that if I even need a complete bag o' wheats, it's certainly easier to buy one. Instant wheat cent gratification. Given my low ratio of wheat finds (5-7 per box), that's a time commitment I can't do.

Re: What are you doing with wheats?

PostPosted: Sat May 21, 2011 12:06 am
by Chief
I'm saving them separated per decade (10's,20's,30's ect.) I don't know what I will do with them, but I just like saving them for now. Such a nice feeling to have $25+ worth of wheats. They are just so cool looking and they stick out like a sore thumb, plus you can't beat buying them at FV. So far my best is a 1911-d, but I'm sure soon I'll find my 1931-s, 1922 no d and of course 1909-s VDB. Keep on sorting folks.

Re: What are you doing with wheats?

PostPosted: Sat May 21, 2011 5:52 am
by Sheikh_yer_Bu'Tay
I used to separate by year and mint. Got a nice collection. I don't want to spend the time to do that right now, so off into a bag they go for future sorting.