Collect Wheat Cents or not that is the question

Discussion in 'US Coins Forum' started by Rushmore, Nov 10, 2025.

  1. Rushmore

    Rushmore Coin Addict

    In addition to my Wheat cent collection housed in an album I have a small bag of loose wheaties (appox 50). Should I add to that pile since the cent will cease production.
     
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  3. KBBPLL

    KBBPLL Well-Known Member

    Wheat cents ceased production 66 years ago. I don’t see how ceasing production of the zinc junk affects wheat cents much.
     
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    If you plan on making money on this, don’t! My LCS pays three cents for wheat cents. Spend your money by buying what you need to plug all the holes!
     
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  5. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Spread the Cheer! Give them away for Xmas.... :)
     
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  6. Troodon

    Troodon Coin Collector

    Been saving all I find for years... they only cost me face value. Now I have about 4 rolls worth and not sure what to do with them all lol.

    Nicer ones I use for upgrades to my Lincoln cents album, or keep them separately in my random US coins album.
     
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  7. Mr.Q

    Mr.Q Well-Known Member

    We have approximately 18,000 Wheaties and around 11,000 pre-1982 copper pennies. Sounds like a lot but they are safe in a cozy temperature-controlled environment outside of our home. My Dad advised me to collect but never sell. Enjoy them as he did and pass them on, and that is exactly what we have in mind.
     
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  8. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I keep all of my Wheat Cents in this neat bag :rolleyes:

    vintage-wheaties-cereal-promo-bag_1_6e8578454ef676fb156ef4e1026626cd.jpg
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    I have well over 5000 of them. Not sure as to the total amount I have as I sell them in a roll of 50 in my antique shop. Trying to get it down as my collection has grown too large.
     
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  10. Rushmore

    Rushmore Coin Addict

    I know I won't make much collecting Wheaties just doing it more for fun.
     
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  11. ksmooter61

    ksmooter61 Not in Kansas anymore

    I have a couple thousand, waiting until I retire and have the time to look for varieties. After that will see what the current state is.
     
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  12. johnmilton

    johnmilton Well-Known Member

    Wheat Cents have mintages in the tens of millions and suvival rates that are at least 50% of those numbers. They are not going to be great collectors' items any time soon. The copper in them might be something else, but you need a lot of copper to make any money.
     
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  13. ksmooter61

    ksmooter61 Not in Kansas anymore

    I think you put an m where a b should be - tens of billions. There were over 2 billion in 1944 alone.
     
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  14. KeyHunter

    KeyHunter Supporter! Supporter

    I have metal boxes in the basement full of wheat pennies in plastic tubes. I pulled these from circulation and bank rolls when I was a kid back in the 60-80's. That's where they'll stay, a testament to my numismatic heritage and end of THAT era.

    As far as collecting...
    - I have a list of needed circulated Lincoln key dates for my still-existing childhood "circulated" collection;
    - My proof-only entire series wheat-first-to-now Lincoln album needs upgrading to Lighthouse Quadrum Intercept snaps over the winter as well as fill holes. Over the past year I've purchased 1909-1914 Matte Proofs...Lincolns with the LOWEST most minuscule mintage. One day soon I'm hoping to afford 1915 & 1916 proofs...

    Finishing my entire-series key dates and proofs I figure I'll have everything. I don't lose any sleep over missing common dates...coins which constitute the bulk of the Lincoln series.
     
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  15. Rushmore

    Rushmore Coin Addict

    Got me a Wheaties box in the mail today

    20251120_132423.jpg
     
  16. ksmooter61

    ksmooter61 Not in Kansas anymore

    Awesome Wheaties tin! But be careful, that thing was engineered to hold light fluffy cereal, not several pounds of metal.
     
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