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<p>[QUOTE="randall zink, post: 220212, member: 4809"]In a recent thread about the price of wheats it was written that dealers pay on the average between 3-4 cents each. They turn around and sell them for 5-7 each which is not much of a profit. It seems that their is great interest in nice lincolns but when it comes to average wheats there is very little interest. The serious coin collector just wants no part of them and seem to look down on them. People purchase them due to what they think is a good deal only to realize a time later that they really do not need or care for them. I have heard this line more then once.. all the guy had was some foreign coins and some wheats. These poor coins get no respect and Modern stuff seems more of a collector item then wheats, especially when you can flip them. It is hard for me to understand that a 1919P 88 year old coin can be purchased for a nickel. The Rodney Dangefield of coins and you can only hope that with the 100 year anv. coming up maybe they will be alittle more in demand. Now that I got that off my back does anyone still buy bulk wheats, are they worth purchasing at the right price? It seems some people are roll searching but I bet that is a small percentage. Are these coins undervalued or is it supply and demand and that they minted millions some billions and will always be just a wheat?[/QUOTE]</p><p><br /></p>
[QUOTE="randall zink, post: 220212, member: 4809"]In a recent thread about the price of wheats it was written that dealers pay on the average between 3-4 cents each. They turn around and sell them for 5-7 each which is not much of a profit. It seems that their is great interest in nice lincolns but when it comes to average wheats there is very little interest. The serious coin collector just wants no part of them and seem to look down on them. People purchase them due to what they think is a good deal only to realize a time later that they really do not need or care for them. I have heard this line more then once.. all the guy had was some foreign coins and some wheats. These poor coins get no respect and Modern stuff seems more of a collector item then wheats, especially when you can flip them. It is hard for me to understand that a 1919P 88 year old coin can be purchased for a nickel. The Rodney Dangefield of coins and you can only hope that with the 100 year anv. coming up maybe they will be alittle more in demand. Now that I got that off my back does anyone still buy bulk wheats, are they worth purchasing at the right price? It seems some people are roll searching but I bet that is a small percentage. Are these coins undervalued or is it supply and demand and that they minted millions some billions and will always be just a wheat?[/QUOTE]
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