Wheat Penny

Discussion in 'What's it Worth' started by sigo, Oct 29, 2010.

  1. sigo

    sigo New Member

    I have thousands of wheat pennies and I was looking for an online price guide. I found a few but they all give diffrent prices. So far I have just been bagging them by date all the 50's 40's and so on.. Any web pages I should look at or anything else I should do with them?
     
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  3. Kevo

    Kevo Junior Member

    Common date circulated wheats are worth a few cents each at best. You need to go to a bookstore and get the 2011 Red Book guide of us coins. It costs less than 20 in hardcover, less for the soft cover edition. No price guide is going to be spot on accurate, what you need to do is identify the key dates and better dates for the series. You can then sort out the better dates, and better condition wheats.
     
  4. rlm's cents

    rlm's cents Numismatist

    If you are just looking for which coins you need to hang onto, try http://www.numismedia.com/fmv/fmv.shtml or try the Red Book, as mentioned. I would caution that these are price GUIDES and none are to be used as a hard fast rule.
     
  5. gipnfdl

    gipnfdl New Member

    If you wanted to you can subscribe to PCGS.com "Coin Facts" which I find very useful. The subscription is the same price as the Red Book, and I find its faster than flipping pages, but both work.
     
  6. FishyOne

    FishyOne Member

    PCGS CoinFacts is great but remember, you that "same price as Red Book" every month to keep your subscription going. If you use it daily though, it's well worth the money.

    Oh and the wheat cents? 3-4 cents each is retail for common dates in the 40's & 50's.
     
  7. gipnfdl

    gipnfdl New Member

    Thats a good point FishyOne. I do use it almost daily so for me, yes, its a good deal. One other virtue of coinfacts is that its updated daily, something a book can't do easily. ;)
    Now, I am not saying PCGS is the be all, end all of the numistmatic info sources, I have bones to pick with them over some of my coins I've sent in to be graded, specfically, wheats! Also, their customer service, well, how do I put this nicely, IT SUCKS. :)
     
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