That is a good analogy with the postage stamps. Recently I went in and bought another sheet of stamps - the first time I had bought stamps in probably three to four years and only because my kids were sending invites to their graduations. The only time I use stamps myself are for thank you notes and greeting cards. Otherwise all bills are paid electronically and most are received electronically. Even though I bought some the other day, I am clueless as to what the current postage rate is for a 1/2 oz letter - with forever stamps the usage is fixed, the price surely has gone up if you keep buying them all the time - but I usually get by with a sheet or so every few years.
I have a VERY hard time believing this. They simply made too many. There are too many in collector hoards to allow this to happen.
Wheats will be worth more as a novelty, particularly when cents disappear from circulation altogether.
I agree that their value will increase...especially amongst the uneducated (non-collector) public who will want the novelty. However, I don't see $1 each to a collector anytime soon.
I don't either. IHC's really haven't appreciated a lot in circulated grades since I started collecting them as a kid - back then they were $1 or so each, and now I think they are about $1.75 or $2 each.
I can believe that. So, in my lifetime...even if we see double that growth for wheats (4x growth instead of 2x)...then they will still only be worth less than $0.20 for commons.
I have pulled modern coins from circulation. I usually don't, but I found A 2014 p FS Jefferson nickel.