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biglouddrunk
Penny Sorter Member

 86 Posts |
Posted - 08/05/2009 : 00:08:47
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Since I've started sorting I've found about 3 Wheats that look like shiny brand new pennies. What do you guy do with with your to condition wheats? Are they worth a big premium? Do you sell them on ebay, get them graded, or hold onto them?
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HoardCopperByTheTon
Administrator
    

USA
5240 Posts |
Posted - 08/05/2009 : 00:12:12
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They go in the shiny pile. 
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If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!
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Gr33nday43
Penny Hoarding Member
   

Uzbekistan
884 Posts |
Posted - 08/05/2009 : 00:22:23
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| Depends...luster does not mean lack of wear. Anyone can get an vg coin and artificially shine it, giving it the appeareance that is similar to the luster of a MS-63 coin, for example. |
Rand Paul for 2010 KY Senate Race - http://www.randpaul2010.com
HR 1207 - 313 Cosponsors 72% of house S 604 - 30 Cosponsors 30% of Senate
Audit the Fed amendment has passed committee!
"My friends, we live in the greatest nation in the history of the world. I hope you'll join with me, as we try to change it." -- His Excellency Barack Hussein 0bama, Head of Government, Duce of Socialism, and Founder of the Empire.
Alcohol didn't cause the high crime rates of the '20s and '30s, Prohibition did. And drugs do not cause today's alarming crime rates, but drug prohibition does. – US District Judge James C. Paine, addressing the Federal Bar Association in Miami, November, 1991
http://coppermillions.blogspot.com/
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dakota1955
Penny Hoarding Member
   

800 Posts |
Posted - 08/05/2009 : 08:13:40
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| That is where I put them also is in shiny pile to be looked at later. |
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Mikep2020
Penny Pincher Member
 

USA
205 Posts |
Posted - 08/05/2009 : 08:24:59
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| The really shinny mint looking wheats I find go into 2x2 flips, and I keep them in a 3 ring binder. They are worth more than regular dull wheats, but it depends on the date and mintmark. |
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daviscfad
1000+ Penny Miser Member
    

USA
1300 Posts |
Posted - 08/05/2009 : 09:34:56
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| i throw my shinny wheats in with my wheats but i guess i should start a shinny pile!.i do have a shinny zinc pile |
Inquiring minds want to know |
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Cody8404
Penny Hoarding Member
   

USA
546 Posts |
Posted - 08/05/2009 : 09:50:33
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| Common wheats in one tube, old, shinny or possibly valuable go in another. When I get time I will go back and look them over again. |
Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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highroller4321
1000+ Penny Miser Member
    

USA
1971 Posts |
Posted - 08/05/2009 : 09:56:42
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| It really all depends on the date and mint mark of the wheat. If its a BU 1958 or 58 D than its just worth wheat cent price because there are millions and millions of those out there. If its a better date or in the teens or twenties than I would probable put it in a flip. |
Copper penny Investing www.portlandmint.com |
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PennySaved
Penny Collector Member
  

359 Posts |
Posted - 08/05/2009 : 10:24:39
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I've been putting mine in 2x2 folders
I asked a local coin dealer and he said for 50's common dates that are MS63 that he would pay 75 cents a piece.
I noticed in his cheap coin bin that he has beautiful red common date wheat pennies selling for $1.
I noticed on APMEX they sell them for 75 cents to 99 cents it looks like. |
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PennySaved
Penny Collector Member
  

359 Posts |
Posted - 08/05/2009 : 10:30:17
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| While on the subject of shiny wheats, are you guys doing the same with your shiny 1960's pennies? Looks like on APMEX they are selling for 29 cents a piece. I'm sure over time those are going to be harder and harder to find too. Are you just keeping them stored separate or do you actually put them in 2x2 holders? |
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Gr33nday43
Penny Hoarding Member
   

Uzbekistan
884 Posts |
Posted - 08/05/2009 : 21:06:41
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I leave them with the rest of my copper. I separate wheats, but that's it. One day I'll have the joy of being able to search through all of my hoard looking for errors and valuable dates in the future. |
Rand Paul for 2010 KY Senate Race - http://www.randpaul2010.com
HR 1207 - 313 Cosponsors 72% of house S 604 - 30 Cosponsors 30% of Senate
Audit the Fed amendment has passed committee!
"My friends, we live in the greatest nation in the history of the world. I hope you'll join with me, as we try to change it." -- His Excellency Barack Hussein 0bama, Head of Government, Duce of Socialism, and Founder of the Empire.
Alcohol didn't cause the high crime rates of the '20s and '30s, Prohibition did. And drugs do not cause today's alarming crime rates, but drug prohibition does. – US District Judge James C. Paine, addressing the Federal Bar Association in Miami, November, 1991
http://coppermillions.blogspot.com/
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biglouddrunk
Penny Sorter Member


86 Posts |
Posted - 08/06/2009 : 01:23:43
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| I am starting to get enough wheats to start a 09 to 09 collection maybe I'll put these wheats in there of the shiny wheats I've gotten all are common dates 40's and 50's. One of these shiny cents appears to have no marks or anything and really looks like an 2008 may I'll put that one in a sleeve. |
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