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 Copper Penny Bullion Investing
 What's the going rate for wheats 20s 30s
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Lemon Thrower
1000+ Penny Miser Member


USA
1588 Posts

Posted - 09/20/2009 :  09:27:29  Show Profile Send Lemon Thrower a Private Message
going rate for wheats seems to be 4 cents each or slightly more.

is there a consensus for 30s and 20s and 10's wheats per coin?

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


Mcprice302
Penny Collector Member



USA
404 Posts

Posted - 09/20/2009 :  09:40:13  Show Profile Send Mcprice302 a Private Message
Not really sure, but I for one wouldn't let any of my 40s and 50s go for less than .05 each. I'm wondering the same thing myself about earlier examples.
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 09/20/2009 :  23:03:30  Show Profile Send highroller4321 a Private Message
I would say 7-8 on the 20s maybe 5 on the 30's. I belive teens go for 10 cents.

Copper Penny Investing
www.portlandmint.com
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 09/20/2009 :  23:12:11  Show Profile Send HoardCopperByTheTon a Private Message
I assume you mean wholesale prices. I think it is 6 cents for 30's, 8 for 20's, and 10-12 for teens. S mint cents are about 5 cents or so.

I was asked by a dealer at the show the other day what I was paying for wheats. I happen to know this dealer strips all the S cents and pre40's out of the bags.. leaving what I call a cleaned bag of 40's and 50's P&D's.. just what everyone wants.. lol. I offered 3.2 cents each and he scoffed at my offer. He said the big wholesale buyers come up periodically and pay $229 a bag. I told him he will just have to wait for them to make a trip up then.. lol. I don't know where they are selling them if they can afford to buy them at that rate.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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