Will there be any collectible coins left in circulation in the future?

This forum has many coin roll hunters, including myself. We pick every wheat penny out of every roll of pennies, every war and buffalo nickel out of every box of nickels, and all silver coins from rolls of dimes, quarters, and half dollars (if you can find a roll of halves). My question is what about the kids who are still toddlers today? What will they be searching for in 20 or more years? We're leaving them slim pickings. Will the Lincoln Memorial penny be the wheat cent of the next generation? Will they be state quarter crazy? Will the quarters with the eagle on the reverse become collectible? What about pre-Mac Tonight nickels? Dimes won't be collected unless they change the design (hopefully that won't happen soon). Should we feel guilty about denying the future collectors the chance of finding a wheat penny in their change or in a roll? I do not. After all, the silver hoarders made it nearly (but not quite) impossible to find a silver coin in 2014. What does the future hold?

 

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There will always be something for people to find. People like me who searched through half dollar bags 20 years ago say the pickings are too little to bother nowadays, just like people who searched through bags 40 years ago were telling me there was nothing left to find when I was doing it.

So, there will always be something, just not things like silver coins. Maybe copper cents, maybe nickel five cent pieces if they change the metal composition of them, etc etc. I for one will have my sons coin roll hunt if they are interested in coins since its basically a free way to put together collections, and it teaches them how to grade. Then, if they are serious about it, I will let them "roll search" through Dad's bags of wheat cents, buffalo nickels, and junk silver piles. Those should be some pretty good "roll searching" days, huh?

 

This is why i hoard wheat cents. they will be worth $1 each in a decade or so. (this means i'll have $500 worth. ) even though most people disagree with me, i'm sure thats what most people said bout' the Indian head cent at one point.

 

Yeah, but have you seen the SCOPE difference you are talking about? Wheat cents were made on a massively different scale than indian head cents. The highest mintage indian head would be considered a scarcish mintage, (not rare or scarce, but maybe "better date"), for a wheat cent. I would estimate there has to be 500-1,000 wheat cents in existence for every indian head cent, (just a guess). I hope you are right, since I own a few bank bags of wheats, but I cannot see $1 each in a decade. In 30 years maybe.

 

OK, i have said this lots of time before. but the reason is: The cent will no longer be recognized currency within the decade. Then the mint will be recalling tons and tons of cents from the bank and melting them down. (think of all the wheats.) Thus slowly making wheat cents more and more valuable.
Look at the Canadian cents. two years without the cent and its already difficult to buy one for under 50 cents.
The same thing will happen to our Wheaties.

 

I hope that you will be wise enough to teach them that beat-up, mangled, corroded & road rash coins are not valuable errors or varieties.

Chris

 

Hmm? Let's see! Production of the IHC stopped in 1909. Production of Wheaties stopped in 1958. 105 years ago vs. 56 years ago. Are you sure about "a decade or so"?

Chris

 

depends on what the U.S. Govment does.

 

That'll be the first thing i teach my kids.

 

Hmm, I need to remember to sell Canadian cents then.

I would say, if the government recalls and melts down cents, the most difficult to find cents will be modern ones, not wheats. Almost all wheats that still survive have been pulled from circulation already. It will be those miserable shield cents that will be the rarer ones, right?

 

Don't hold your breath, though.

Chris

 

Depends on what the people do in this situation. If they hoard the shields because of this, then memorial cents will skyrocket, or the cent will never become valuable.
If the govment does start melting them down, i guess all types of cents will go up in value because they are now impossible to find in circulation.

 

I try not to.

 

IMO wheat cents probably won't go in value to a $1 each in this century. Just the bulk production downgrades the value, and the availability of wheat cents. And still, they're only 57 years old. Keep in mind, wheat cents are often hoarded in bulk by collectors, even If people would like to buy them once they're 100-150 years old, just because of the age, there is so much available. Economics. Not Dreaming. Don't get me wrong, I would love if wheat cents raised so much in value. It's just that It's highly unprobable that they do in this decade, or this century for that matter.

 

The more people don't search their change or rolls the more likely things will turn up for those who do. At least until 7.62's become the one world currency.

 

State quarters like the bicentennial quarters are way too plentiful to be searched for in the near future. However, I keep all 2009 territorial quarters and all 2010+ ATB quarters I find in circulation. These have some of the lowest mintages and coolest designs and may just be sought after by roll searchers in the future. TC

 

You think? That would make me a few hundred dollars more wealthy. I'll keep this post in mind if the price skyrockets.

 

They'll be looking for high grade 65-85 clad coins. Nobody saved them (except me, and maybe Cladking). There are no hoards to serve as sources (except mine).

 

Mint sets.

 

I think there is a good chance, all business strike coins less than a dollar will cease and become digital, with printed bills around for the 'new Luddites".

How many postage stamps ( not printer labels) have you used since January 1st ? Same idea of commerce being altered to collectibles.