Easiest way to get rid of a whole ton of wheaties??

Discussion in 'US Coins Forum' started by Jhonn, Oct 30, 2007.

  1. Jhonn

    Jhonn Team Awesome

    I'm going through the last of the collection my wife and her siblings inherited...which means I'm going through over a hundred envelopes marked with a date and mint, and filled with the appropriate wheat cents (pulled from circulation, I'm guessing). There are no obvious rarities, so...I'm wondering what's the easiest way to 'liquidate' these coins, short of wrapping 'em up and taking them to the bank? I'll hopefully be able to sell all the silver this weekend at the upcoming Denver Coin Expo, but these I feel I'm going to have a harder time with these.

    I was thinking of dividing them all up by decade...20's, 30's, 40's and so on, and maybe selling them in bulk on eBay? I know no coin store will take all of these. Honestly, I'd be happy to get 3-4 cents for the ones from the 20's and 30's and 2 cents for the ones from the 40's and 50's, but I dunno if that's realistic. Anyone know of any sites online that buy wheaties in bulk?? :whistle:
     
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  3. DJCoinz

    DJCoinz Majored in Morganology

    So, how many wheaties are we talking about?
     
  4. Ron5812

    Ron5812 New Member

    nice

    check your mail Jhonn
     
  5. Indianhead65

    Indianhead65 Well-Known Member

    You should roll them up and post them for sale in the open forum here at CT.
     
  6. Ed Goldman

    Ed Goldman coin collector

    Ebay, You'll get the most money. or you can sell them to your forumites...
     
  7. Jhonn

    Jhonn Team Awesome

    I did that once a while back with about 10 or so rolls of wheaties I had personally pulled from circulation, but I'm worried about the shipping, as I received an e-mail from the guy a few weeks later saying he never got them. It was a heavy box, too...

    As for how many? I'm not sure yet...I'm guessing over $10 in face value.
     
  8. clembo

    clembo A closed mind is no mind

    Why not try a local coin dealer?
    Mine is ALWAYS buying wheats. Usually 3 cents each but 4 if he really needs them.
     
  9. Jhonn

    Jhonn Team Awesome

    Eh, the local dealers around Denver are pretty lame.

    Ron, e-mail sent.
     
  10. greglax45

    greglax45 Coin Hoarder

    A Contest!!!!!!!!!!!!!!!!!!!!
     
  11. Eyesee

    Eyesee Member

    Yeah!
    A contest of some sort is a good idea!
    Just for a few rolls anyway!


    The local dealer here sells 1,000 lots for $50
     
  12. Snowman

    Snowman Senior Member

    i would sell them on ebay & tell your story of how you got them

    interesting to read some sentimental stories on ebay :rolling:

    should get at least face value for them including
    ebay,paypal and shipping charges
     
  13. TheBigH

    TheBigH Senior Member

    Any dealer should pay more than face value, even if it's only 2 or 3 cents...
     
  14. andrew289

    andrew289 Senior Analyst

    I'm low on 20's and 30's will pay 3 cents for those. No need to roll if they are already separated.
     
  15. Jhonn

    Jhonn Team Awesome

    Ha, well, I already found a buyer, so everything is taken care of. I've been thinking of holding a contest soon, though. Maybe I'll pick up something good to give away at the show this Sat.
     
  16. Lemmyk

    Lemmyk Senior Member

    I agree with the responses above, stick with ebay, even if you get one jerk who claims he never got them. It may be the fastest way to get rid of them. Sell them by the roll, cheap and make them get insurance.
     
  17. erwizard

    erwizard Numismatic RN

    You could just do the easiest thing there is......give them to me. O Great One :hail:
     
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