I am attending an auction tomorrow night that has a jar of wheat cents. I love wheat cents and would like to buy the jar. Only problem is...how do I know how many is in there? I do not want to bid thinking I'm getting 2,000 cents, and there is only 1,000. Here is a photo of the jar in question. I know some of the members hear have a bunch of cents, or like to hoard the copper ones. If you have a jar like this, please fill it and tell me the number. Or if your good at math....just guess. I'm thinking around 500. BTW it's a pint jar.
That's going to be the cool factor of it. However they all looked like common years and mint marks. People go nuts over stuff in a jar. Fill a jar with marbles or buttons and watch out.
I was able to get about 400 or 410 cents into a jar that I hope is close to yours in size. It was a little hard for me to judge the scale of your picture. I hope this was helpful!
Thanks! It's a pint jar, about 4.5 inches tall. I have a bad feeling it will bring a premium...but you never know. I typically do not give over 5 cents each for common wheats. I will probably go $20-$25 but that's it.
The bid is 410 times 21/2 cents or $10.25. Of course I am guessing it is all wheat cents and not a bunch of wheat cents surrounding a wad of tissue paper.---John
Agreed, with one last step: multiply the number of pennies that fit in the jar by about 4. Thats your max bid. Wheat cents in rolls typically go for 5 to 6 cents per cent, so in a larger bulk, you should get even a better deal. I wouldn't pay more than 4 cents per wheat cent.
If you can get em' for a good price, go for it, there might be a key date in there, or variety, or error. If you get it keep us posted! Good luck.
I bet it goes for an insane premium. Local auctions tend to do that, especially when it's something like this.
If I wanted to make some fast cash.... I'd put a bunch of wheats into a old sealer jar and stick it into an auction.:devil:
My brother used to be able to cram 5500 cents into a gallon pickle jar. Since there are 8 pints to the gallon figure 5500/8 = 687 as a maximum figure, and maybe 625 as an average figure.
Well today I went over to a friends house who happened to have a pail of wheat pennies (not for sale, his own collection), and managed to fit about 600 in a jar.