Doesn't look good to me. Looks like someone is selling $15 face value worth of Wheat Pennies, for $150 plus $10 S&H. Guess you could say that it's good for the guy that's doing the selling.
BS! Kinda funny how he knows that there will be a 1909-V.D.B in every bag and one bag will have an S-V.D.B. If it seems too good to be true, it probably is. Pretty darn expensive for a bunch of common Wheaties.
Obviously the 09VDB is added to the lot, as was the random S-VDB, But, still, save your money. I guess that I am not a gambler.
try eBay... search for "wheat bag" and scan the listings. A full bank "bag" of pennies is $50 face... or 5000 coins. The melt value for the copper alone is about $125 on a bag, so don't expect to get one for less than that. The question is whether they're really "unsearched"... I've bought a dozen or so of these bags and in some cases they were a true mix, and in others there was nothing but 1950s commons. It's a bit of a chance... but at least you'll have LOTS of pennies to look through. And by the way... unless you just really NEED the money, I'd hang onto all the ones not selected. There is some reason to think that hoarding circulated copper coins might be a good investment at this time. Tom
At the bank, I still find them. I have bought bags of wheats and now I have about 30 rolls each of 56-58D and also many rolls of 44-46P. Save your money and buy the coins you need at a coin show, much better deal.
I've been searching $50 bags now consistently for a year and a half. It's safe to say I've gone through 1,000,000 pennies by now. I stopped keeping track, but I was averaging about 15-20 wheats per bag. And most of them are common, I will admit, but every now and then you get a 1918 D or a 1927 s ... Usually in GOOD condition mind you, but it's still a cool little surprise. Every now and then you'll get a bag with say 100 wheats! My record so far is 157 wheats in one bag. Always a tremendous find! You will find NEAT stuff if you become a wheat hunter! But, your time will not be worth what you find. You have to do it for the fun of it. If you do decide to search for pennies though, you should get a book like "The CherryPickers Guide To Searching Pennies" or something that lets you know what to look for. Just searching for wheats is faster, easier, but boy you'd miss out on some other cool stuff along the pike, like the 1995 DDO or the 1984 Lincoln Doubled Ear. Coins you can sell on E*Bay in one try if priced properly. I personally love wheat hunting! They're still out there! And yes, 58 Ds do grow on trees.... but when you find a 58 D DDO (That's rumored to exist) - please let me know! hehehe Pennies.com is a professional Wheat service. Believe it or not - it is quite possible they may not be searched by pennies.com ... They buy pennies in hordes, and my god over the last 100 years who knows who has collected WHAT? And if you buy a million pennies, who really DOES have the time to sit and search those kinds of things! You had better have the eyesight of a hawk and you had better just absolutely be infatuated with searching through pennies, which even your most ardent collectors can't do. I can go through a $50 bag in a day and I am just WIPED OUT when I'm done. I could only do that for so long and forget it. However, even if they truly are unsearched, your odds of getting anything good are still slim to none. There is a reason 09 S VDBs are extremely rare! As well as the other keys and semi keys. Because in regular searching when they were still in circulation, they were still tough as heck to find! I have had several smaller hordes that were truly unsearched (I believe) and you know I got a 1913 s and a 1911 D ... It was cool, but a KEY? No. However, anything can happen? I don't particularly like to pay for speculation? If I speculate, I just as soon buy lottery tickets. Why not just go to the bank, forage through, get the 20 wheaties for 20 cents and see how it goes. All I'm out is my time and since I had fun doing it... life is good. Pennies.com is most likely overpriced. Seriously you should not pay more than $.04 a wheatie that is unsearched. Now again, how much do you love searching for that golden nugget?? To each their own... but I would not buy pennies from pennies.com AND just because pennies.com didn't SEARCH them themselves... whose to say someone else before them didn't search them right? That's one you always gotta watch - "Not searched by ME" ... but searched by whom then? ... On the other hand, if you're trying to start a collection - buying from pennies.com may give you a good mix??? There's pros and cons to everything. Just gotta weight out what you want and what you're willing to pay. Esky
My daughter and I bought a few 1 pound bags of Weaties for like 9.00 each I think... Also our local guy usually has a tub or those and forigens for like 9. or 10 a pound...
