"wheats" in change

Discussion in 'Coin Chat' started by texmech, Oct 19, 2012.

  1. texmech

    texmech Wanna be coin collector

    I don't know why, but lately I am finding more wheats in change. I understand that some may be coming out of the coffee cans and such, but just seems the timing is all of a sudden.
     
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  3. ikandiggit

    ikandiggit Currency Error Collector

    I've been getting more wheats in the till lately. At least five or six per week. The oldest was 1919.
     
  4. texmech

    texmech Wanna be coin collector

    wow a 19! My last two are a 45 & 58
     
  5. ikandiggit

    ikandiggit Currency Error Collector

    It's my third one from work in the last couple of years. Most people just don't look.
     
  6. Jopn

    Jopn Member

    I have not had in wheat in change for months. I did get a silver roosey about a month ago though.
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    I found an 1891 nickel in the change bin at work a few weeks ago. First V-nick I've found in circulation in 40-odd years of searching.
     
  8. scottishmoney

    scottishmoney Buh bye

    It does seem to me that there are more of them circulating now with Coinstar and bank machines collecting people's accumulations of them. I busted open a box back in March and found 46 steelies, most of them were BU no less.
     
  9. ArthurK11

    ArthurK11 Active Member

    The past few weeks I've been finding 3or 4 per shift which is about one per roll I crack open. Oldest was a 1912.
     
  10. George8789

    George8789 Leaving CoinTalk for good

    What kinda neighborhoods do you guys live in? I havnt seen a wheatie in 6 or 7 months and I get to look through my parents change my aunt and grandmas change and nothing.
     
  11. buddy16cat

    buddy16cat Well-Known Member

    I do notice there were more wheats at this bank near a big senior complex. I think though that people are dumping their old change jars in need of cash into coin machines. I recently found in addition the usual wheats a 1920 buffalo nickel and 1944 Mercury dime.
     
  12. coinguy-matthew

    coinguy-matthew Ike Crazy

    Not long ago i picked up a $25 dollar box of pennies which was saturated with wheats many from the 20's and 30's, even some from the teens. None have mint marks or are rare but heck ill take whatever i can get, anyhow it was a good time....
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Thing is, the machines reject steelies, and most machines reject silver. But the rejected stuff still seems to get into circulation -- people grab it from the reject bin and hand it over to a cashier, or it ends up in the manager's till.

    I'm just not sure how the stuff gets back into rolls. I'd think at this point that the vast majority of change would be machine-counted and machine-rolled. Maybe enough people are still hand-rolling, or maybe banks just use different machines.

    But, yeah, I think Coinstar has led to a change (sorry) in behavior -- why let that jar full of coins collect dust for another fifty years, when you can dump it into a hopper and get (most of) it changed into a more convenient form? This may be a late, unexpected Golden Age -- or at least Silver and Copper Age -- for change-searching.
     
  14. Doug Rogers

    Doug Rogers Member

    My experience is that I find wheats in streaks. Yesterday, I found two in one roll after going through dozens of rolls finding none. About a month ago, I found 30 wheats in one CWR. I've heard that during the last quarter of a calendar year. there is a tendency to find a few more older coins due to folks cashing in their 'piggy banks' or coin jars to buy Christmas presents. Coin roll hunting takes a lot of patience and effort, so it's easy to get discouraged. If you stay the course, it should pay off.
     
  15. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    Found a 1928 in a roll 2 weeks ago, plus many others in 40's and 50's.
     
  16. jensenbay

    jensenbay Well-Known Member

    Now that the cent is on its way out in Canada, has the use of the cent slowed down? Or has it picked up as people are getting rid of them? What % of US cents do you see in Manitoba? I used to travel to BC often and would see many US coins in circulation.
     
  17. torz144444

    torz144444 New Member

    people must be spending them because of the rough economy


    3.14159265358979323846264338327950288419.......
     
  18. rockyyaknow

    rockyyaknow Well-Known Member

    I work part time at an old job once a week after my actual job and I pull at least 2 wheats each time from the pennies in the register. Opened a box of pennies last night and pulled 12 out.
     
  19. Kentucky

    Kentucky Supporter! Supporter

    While living in Brooklyn several years ago, I stopped to pick up a newspaper in a small shop run by some middle-eastern people. When giving me the change, the clerk was looking strangely at something in the till, it was a V nickel. I told him it was an American nickel, just old. He started to put it back in the till, but when I asked, he gave it to me for another nickel.
     
  20. buddy16cat

    buddy16cat Well-Known Member

    That is what I think. People are dumping old change jars or old rolls because of the economy not realizing what they are worth.
     
  21. Phil Ham

    Phil Ham Hamster

    I've separating the copper coins from the zinc ones for several years. I've been getting about 15% copper but I think it was about 20% a couple of years ago. On the wheaties, I think I get about 5% wheats for every copper cent. Most wheats are the late 50's with an occasional 30's or 40's in there. The 1919 is a very common early wheat. I got a roll of them once at auction for $1.89.

    On the pie front, I started at the end and gave up when someone told me that there was no end to my madness. I guess that I shouldn't have given up being so close to the end. Anyway, problem solved and time to move on toward more important things. Why does the mint still make Sac dollars?
     
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