this a good buy?

Maybe it's me that is misinterpreting what you say, but when you say "get rid of the cent", to me that means that they are only going to stop producing it. Wouldn't you still be sble to pick up rolls of cents at your local bank if the government stops minting them?

 

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That's why I said its nothing accurate really. We have no clue what they will be worth in that time, but my point is stay away from any investment when you are buying something that is 4x-5x the value of your investment from the start. If I am investing in something I wouldn't want to pay much more than the current market value for anything. When you have lost out on value of your investment immediately it may have not been the best choice. Just my opinion. I just wouldn't want to see you over paying for something like that. Be patient and you'll find a good deal somewhere. Post on the wanted section here too, I am sure there are plenty of people on here looking to unload some wheats.

 

ok, i get it now.

 

People go nuts over Wheaties, even though the 1959 Memorial has a lower mintage of any Wheatie (except the 1955-S) going all the way back to 1939.

 

LOL @ doing this for an investment. Please invest correctly.

 

i get 59 memorials all the time. yet no 59 wheaties

 

That's cause they don't exist. The only one ever found was proven to be a fake.

 

my mom has one.

 

*sigh*

 

sorry bbout that, just turned out to be a damagedd 8.

 

http://www.ebay.com/itm/5-ROLLS-of-...01?pt=Coins_US_Individual&hash=item3f225a7381
this one seems better

 

If you want wheats, find a nearby coin auction. I got 898 for around $41.

 

http://www.ebay.com/itm/Rare-WWII-W...43?pt=Coins_US_Individual&hash=item3cd0d6e967
this one is not over priced. 1,093,838,000 steels minted this year. 1,093,838,000 divided by 313,914,040= each person in the USA can have 3.484514423123120419.
rounded is 3. so, if every person in the USA was a steel cent coin collector, this lot would be worth a lot

 

and yet from 1909-1920, there were 2,413,601,000 minted. and these coins sell for less than the steels.

 

Uh, if you bought that lot for the bare minimum price (minus S+H), you would be paying nearly 25 cents per wheat. Sure, they were a 1 year type. But not everyone in the US is a steel cent collector. Not even 1% of the population is a steel cent collector. If you bought the linked auction, you would be paying 500 cents for 20 wheat cents. Does that sound like a good deal? Not to me. Heck, I've got 51 steelies right here in front of me. Sure, most have been replated. But if I got 25 cents for each one, I'd certainly send them off. I don't care much for them.