1943 Wheat Cent 10,000 coin sealed mint bags

Discussion in 'What's it Worth' started by ilmcoins, Aug 8, 2018.

  1. ilmcoins

    ilmcoins Well-Known Member

    I do not have a photo to share. What value would you put on an unopened 1943 10,000 wheat cent canvas bag from the mint, original? Im not sure about the mint yet.
     
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  3. Treashunt

    Treashunt The Other Frank

    nothing, since I am very sure that the mint made then in $50 bags, and not $100 bags.
     
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  4. Dillan

    Dillan The sky is the limit ! Supporter

    Probably worth more for the copper. What would a person do with 10000 1943 wheat cents ? If this was a mix of unopened rolls from various years well then I would find it interesting. Still a nice find. Pull all the high MS and cash the rest in. oops!! these are the steel cents are they not ?
     
    Last edited: Aug 8, 2018
  5. Treashunt

    Treashunt The Other Frank


    copper?

    that would be very valuable, and would destroy the market.
     
  6. Michael K

    Michael K Well-Known Member

    So you are saying there are 10,000 steelies in a bag, all MS or at least AU?
    Depending on the mint, IDK $5,000?
    If they are circulated $500- $1000.
    And now you have the task of selling 10,000 steelies. GL to that.
     
  7. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    - edited - $700.00-$800.00 - edited - Probably wouldn't go any more than that. As pointed out by @Michael K.... The job of selling it off would be quite the task.
     
    Last edited by a moderator: Aug 9, 2018
  8. coin0709

    coin0709 CT Supporter

    If this is legit, Rolls of AU+ steelies sell for $40+ each. $40 x 200 rolls = $8,000. They would sell reasonably quickly if you dropped the price/roll. - edited -
     
    Last edited by a moderator: Aug 9, 2018
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    What makes you think they are in BU or AU condition? They are 1943 STEEL cents and they're in a Mint sealed bag, as you stated. They have been in storage for 75 years. Under what condition? Probably all rusted by now.

    If they are in nice condition, then flooding the market would cause the price to drop. Not worth the risk.
     
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  10. CoinBlazer

    CoinBlazer Well-Known Member

    Did you just say worth more for the copper, on STEEL CENTS?
     
  11. CoinBlazer

    CoinBlazer Well-Known Member

    I would buy it, bury it in my back yard and when I'm 90 ill go back and "find" a new hoard of steelies. What a "discovery"
     
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  12. paddyman98

    paddyman98 No Common Cents! Supporter

    :hilarious:
     
  13. Dillan

    Dillan The sky is the limit ! Supporter

    Now that I remember these are the steel cents , You may be able to use them as a promotion to help sell other items . For every item add a UNC steel 43 as a bonus . I think trying to sell these one at a time maybe a very long process , and a person may croak long before they are sold. A person may be able to roll these and sell off the rolls much easier , and turn a tidy profit for UNC coins . This way a person would only have to make 200 sales. I am sure there are a lot of people that would purchase a UNC roll of these steel cents including dealers that would in turn sell them off individually. Like @coin0709 said there are ways to make a good profit if these are in nice UNC condition, and not be subjected to moisture at any time.
     
  14. Michael K

    Michael K Well-Known Member

    When do we get to see a photo of the condition of these coins?
    I am skeptical that 10,000 exist in AU/MS condition in one lot.
    They could be Chinese fakes.
    If they really do exist they are probably circulated and just over hyped
    as being in a "sealed mint bag".
    Circulated bulk buy I stand by my .05-.10 each $500- $1000.
    Uncirculated, or mint state, then you might have something desirable.
     
  15. AnonymousCoinCollector

    AnonymousCoinCollector Reintroduce silver coins to circulation!

    How they were stored is everything.

    In the slightly wrong environment, they are a ugly rusted mess.
    Or they were in a perfect environment and look awesome.

    It's impossible to give a good price estimate without knowing.
     
    Oldhoopster likes this.
  16. NLL

    NLL Well-Known Member

    I think the bag would need to be opened to determine a true value. If they are all rusted then they would only be worth face value.
     
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