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<p>[QUOTE="Randy Abercrombie, post: 3940967, member: 92655"]Hi Howard. Welcome to the forum. There are a few dates that do carry some valuable premiums. And frankly, there are some folks here that would relish the thought of going through eight pounds of wheat cents. It would be easy enough to pick up an inexpensive Redbook and quickly determine the dates that merit further investigation. But you have to put a premium on your time then. Last year, I helped a friend from my church liquidate his deceased fathers collection. He had a huge jar filled to the brim with wheat cents. It took a hand truck to move the thing. We spent every evening for a week looking at them when we realized we hadn't put a dent in the jar. They were ultimately sold bulk at about .04 cents each.</p><p><br /></p><p>Here's the other consideration. There are a lot of Ebay dealers that sell bogus "unsearched" lots of wheat cents. And most savvy buyers are aware of this practice. You may be met with some resistance because of the unscrupulous peddlers on Ebay that have given this a bad name. So just be prepared for that.</p><p><br /></p><p>If it were mine, yes I would likely spend some time looking through them simply because I love old coins. If your time is limited and old coins don't light your fire, then yes selling them in bulk would likely be your most advantageous avenue. I used to know the arithmetic, but don't remember now how many cents make up a pound. But expect between .03 and .05 cents each if you do liquidate them that way.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 3940967, member: 92655"]Hi Howard. Welcome to the forum. There are a few dates that do carry some valuable premiums. And frankly, there are some folks here that would relish the thought of going through eight pounds of wheat cents. It would be easy enough to pick up an inexpensive Redbook and quickly determine the dates that merit further investigation. But you have to put a premium on your time then. Last year, I helped a friend from my church liquidate his deceased fathers collection. He had a huge jar filled to the brim with wheat cents. It took a hand truck to move the thing. We spent every evening for a week looking at them when we realized we hadn't put a dent in the jar. They were ultimately sold bulk at about .04 cents each. Here's the other consideration. There are a lot of Ebay dealers that sell bogus "unsearched" lots of wheat cents. And most savvy buyers are aware of this practice. You may be met with some resistance because of the unscrupulous peddlers on Ebay that have given this a bad name. So just be prepared for that. If it were mine, yes I would likely spend some time looking through them simply because I love old coins. If your time is limited and old coins don't light your fire, then yes selling them in bulk would likely be your most advantageous avenue. I used to know the arithmetic, but don't remember now how many cents make up a pound. But expect between .03 and .05 cents each if you do liquidate them that way.[/QUOTE]
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