what are wheat penny commons worth?

Discussion in 'Coin Chat' started by 9guns, Jun 20, 2010.

  1. 9guns

    9guns Junior Member

    i must have 100 pounds of them from my early collecting days and am thinking of selling some off, just wondering what theyll fetch.
     
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  3. hamman88

    hamman88 Spare some change, sir?

    40 and 50's will fetch 3 cents max from a dealer.
     
  4. HULLCOINS

    HULLCOINS Junior Member

    what about 30s and 20s? should they really be separated?
     
  5. ice

    ice Just happy to be here

    Interesting you say that I was thinking of buying some on ebay would rather do business with someone here. I don't know a good price but might be interested. Ice
     
  6. financeman

    financeman Lincoln Cent Connoisseur

    I would also be interested depending on condition and price of the 20's and 30's
     
  7. desertgem

    desertgem Senior Errer Collecktor Supporter

    Some firms do separate them by dates and mint marks. A mixture of all dates and mm will have a predominance of 1950, followed in sequence down to 09-19. It might seem that separated ones are a better deal, but it is much more likely to have been "searched" for the good date/mm and you will end up with a lot of the common for each period.

    Jim
     
  8. 9guns

    9guns Junior Member

    i dont have them separated by decade. i have searched through them and they are common dates only.
     
  9. clembo

    clembo A closed mind is no mind

    We generally pay 2 cents each where I work. However if you have 100 pounds we'd probably pay 3 cents each.
    A bag of 5000 weighs about 35 pounds so you're saying you have nearly 15,000. Triple your money if you can.
     
  10. richarrb

    richarrb Junior Member

    Coin dealers I typically go to have been doing 3-5 cents depending on condition. The earlier the year the better the price. Including the small errors, semi key dates, if I have doubles of, etc,etc. However, to make it easier on me and him I do typically seperate the 20's,30's,40's etc,etc
     
  11. Hunt1

    Hunt1 Active Member

    Probably 2 cents to 5 cents.
     
  12. Tom B

    Tom B TomB Everywhere Else

    My initial reaction is that you will find dealers willing to pay two to three cents per coin, which might be quite fair if you want to be out of them quickly and easily. The down side is that you may be offered less if the dealer is currently swamped with Wheat cents.
     
  13. Victor

    Victor Coin Collector

    Local dealer here pays $1.50 per roll [3 cents each]. He does not open the rolls or look at any coins. He accepts them in any condition, scratched, damaged, corroded, black carbon spots, still 3 cents each. I got rid of all my culls and green moldy ones.
    Keeping the good ones.
     
  14. BadThad

    BadThad Calibrated for Lincolns

    Dealer: 2.5-3 cents each
    Retail: 5 cents each (or more)
     
  15. scotty1418

    scotty1418 Junior Member

    Im curious, it looks like the answer was given for 40s-50s commons, but what if someone has a bunch of rolled pre-40s wheats? What is a going rate for those?

    I've heard 8-10x is fair for a selling price?
     
  16. Victor

    Victor Coin Collector

    Last year at the Brimfield antique show an old lady dealer told me she has no problem selling rolls for $4 each.
     
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