Wheat Pennies, Indians and Coppers

also check ebay completed listings heres a auction for 1000 mixed date teen-50s wheat ends in 15 minutes $41 +5.80 shipping so far http://www.ebay.com/itm/1000-LINCOL...46?pt=Coins_US_Individual&hash=item4613e98556


1000 wheat seams to be going for between $30 and $50 http://www.ebay.com/sch/i.html?_sac...00+wheat+pennys&LH_Complete=1&LH_Sold=1&rt=nc



to ship a large quanity wheats id do a small flate rate box from usps they hold up to 70 pounds and only cost $5.80 free tracking and $50 insurance

 

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look at your redbook for refference as well as the error page i linked you to. 1922 no d in g4 is $750

1936 ddo $72 in fine

1955ddo in vf $1750


the 55 ddo is the main error of the wheats but there are rarer errors out there but they dont bring as much value.


i think it would be worth to search at least for the main errors since they come from family etc maybe no one has searched them. id look threw them if i had that many i wish i had more then i do i maybe have 500 total if i had money id bu
y 1000 from you but most only buy if they were mixed dates teens-50s

 

I think I am going to sell the 1950s bags for $35. Is the 1955 DDO common?

 

Did you look it up in the red book?

 

Well a VF-20 is $1750 , so I would assume not.

 

im not 100% sure but i think more 55 ddo got out then any other ddo so there not "rare" the reason the price is so how is because the 55 ddo is the most dramatic so every one wants one. and when theres a demand so value goes up.


you could always start a auction at .99 cents and see what happens. im sure if you were to list 1000 1950-58 the winning bid might be high because the buyer want to search them for the 55 ddo

 

Ebay takes to much money. If someone were to offer me 3.5 cents or more each I would probably take it. I just dont have that much time right now.

 

What do you plan on sell the 1909-1920 bags for or the 20-29

 

I was offered 14 cents each

 

and 24 cents each for the teens

 

You really can't use the Redbook to get an accurate valuation on wheat commons. 3 cents per (no culls) seems to be the standard in a wholesale environment. Teens and 20's can occasionally bring 4-5 cents per. Take a look at a greysheet if you have access to one, or a Bluebook.

14 cents each for the '20-'29 cents is pretty good!

 

Nice

 

Take it.

Same goes with the CDN, and the god-awful blue book should be altogether avoided. It seems clear that this gentleman wishes to bulk out the coins he has, so all will depend on the venue in which he chooses to sell, and of course, the individual buyer.

 

Actually the 14 cents isnt bad. I have not looked for any errors or certain dates excluding the 1922

 

I agree, and is why I said "take it".

You might want to get a rough idea of what dates may be worthwhile in X and above grades, but overall I wouldn't worry about trying to search out varieties unless you're willing to invest the necessary time to first learn about such coins. Regardless of what some may think, common bulk wheat cents are just that... common. They're not going to skyrocket in value, and for most are more of a hassle than they're worth. If someone is willing to pay what you feel is a fair price, take it and don't look back.

 

Thank you ! I appreciate the advice.

 

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You may want to look at local auctions in your area. You can probably get $0.05 to $0.06 a piece for a bag of lincoln cents. I would sell the Indian Head cents in a group of say ten. Depending on the dates and condition, you can probably get a least $1.50/each for them and more for anything good.

 

Ok, Thank you. Where would I "AUction" these?