How many wheat cents are in your circulation change jar/rolls or whatever?

I always keep them, even though they're mostly worth one cent. There's also some from my grandmother who saved them starting in 1959, I think. So right now, my jar has 640 wheats in it.

I figure most of you guys probably have something like this. I can't wait to hear the super veteran's numbers!

 

Log in or Sign up to hide this ad.

I have been collectng coins off and on for the most part of 30 years and the only wheat cents I have in my collection are the ones in my Whitman Classic Album and one in a slab. Common Lincoln "wheat" cents arent something that I usually save back. I either give them to a younger relative or put them back into circulation for someone else to find. I'm sure some of the other guys here have something similar to your hoard.

 

When I was 10 or 11 my grandfather sent me a 25 pound box of wheaties, figuring for paper in it and the box that would have been about 3,000-3,200 cents

 

Wow.

I hope my hoard gets into the quadruple digits some day. I can't bring myself to spend a wheat, so that might happen.

 

I have maybe 700 wheats. I don't keep track anymore.

 

Don't have as many as I did.....the other day I sold over 4000. Now pretty much the only ones I have are in my set of Wheat cents.

Speedy

 

Somewhere between 5000 and 7500.

 

I have been hoarding wheats, pre 1982 cents and nickels for the past 20 years. I have 3 30 gallon trash cans full.

 

I have about 13 rolls of mixed wheats. My wife's grandmother knew I was a collector. She just gave them to me. I usually find a wheat cent in change every month or so. Not too often around here. I can't wait to start roll hunting again.

 

Now you are going to make me dig up the news story where the IRS went after some old guy who had been saving change his entire life and cashed it in all at once (something like 6 or 7 garbage cans full). They wanted him to pay income tax on it. Of course, what I didnt'get from the news article is why he cashed them in at face value when there obviously had to be silver and what not in the bottom worth well over face value.

 

Do you know how much weight that would be. Even the metal ones would have trouble moving that much coinage.

 

I'm just not accumulating many wheat cents through roll searching, so I'm going to cheat and buy a 5,000 coin bag from my dealer. I feel the need to have an instant hoard.

 

Well, at last count I have around 500 rolls of wheats and over 600 memorials rolls all sorted by dates and mintmarks. When searching through rolls of common cents I have put aside about 200lbs of copper ones. I just really enjoy roll searching as a form of relaxation. My goal is one million lol.

 

Yeah, it's real heavy. I have them out in the tool shed. It's on a concrete slab foundation. I have metal straps around the cans about every 6 inches for reinforcement. About 8 years ago one of the cans busted at the seams and spilled it's contents all over the shed.

I should probably roll them and start selling them on ebay. All I need is to locate a stash of vintage bank wrappers and I'd clean up selling OBW.

I used to go around the neighborhood as a kid and gather up coffee cans of pennies and dump them into a old garbage can that was in my parents garage. No one wanted them so they paid me with pennys when I mowed their lawns and racked leaves.

Also, let me carify "full."
The can of nickels is about 5 inches from the rim.
The can of wheats is about 3 inches from the rim and the can of Pre 1982 is about 4 inches from the rim. There is still room to grow. I haven't really tried adding to it very much lately. Copper cents are getting more scarce around these parts.

 

Andrew, you have to take a picture of those for us !

 

How many wheaties? Good question.

I have bought them over the years. Bought a bag of 5000 years ago to search. Will NEVER do that again.

Sold a bunch, saved probably 1000 or so out of change in the past 35 years.

Estimate is around 5-6,000 and I don't even collect them (seriously).

Still I NEVER spend one that I get.

 

about 20 years ago i started throwing pennies in a 5 gal. jug,stopped about 5 years ago, by weight i'll guess 12-15,000..........someday i'm gonna check-um.....

 

That would be a good guess for me too.

 

WOW I wonder how many valuable coins are sitting there wasting away. Better yet imagine the loss of interest the same amount would have been in a bank. Not much interest lately but better than just sitting there. The worst thing about situations like that are if someting should happen to a person saving tons of coins in cans, jars, boxes, etc. is usually thier relatives will just take them to a bank. There is actually a web site dedicated to hoarding Copper coins. If your interested in hearing about massive amounts of stored coins for weight purposes, try http://realcent.forum.com There is a forum where people collect massive amounts of coins for metal purposes with no regards to coin values.
As to coins dumped into a large garbage can, imagine a 1914D cent being banged on by thousands of other coins.

 

Aren't you paying taxes on that twice then??


If i take money out of my check, post taxes, and save it, and then cash it in, why should I be taxed again?? It's the same for any of us that put change into piggy banks and then return it. That change comes from out incomes which has already been taxed. So why tax us again??



I do save 59-82 copper cents as well. I just chuck them into a 5-gallon jug and when i get bored, i roll them into rolls. I have a good amount saved, no idea what to do with them yet.




Anyway, my contribution to the thread. I only have about 150 or so wheat cents. Of that 150, i'd say 135 were taken from rolls or circulation. I find on average 1 wheat cent ever 2 weeks in circ. Just the other day, i got two back in one day. Usually when someone lets me search a change drawer, i find a wheat cent. They are definitely still out there.

But silver (no halfs) is long gone. It's rare to find silver in circulation...i've only had it happen twice. A '44 nickel and a '41 quarter.