| Author |
 Topic  |
|
|
n/a
deleted
21 Posts |
 Posted - 04/20/2008 : 06:34:55
|
Most of the ones I find are worn out obviously. They have anything from an orange look to them, to a salty look, to spots of dark on them.
They just look so worn and damaged. Is it even worth pulling them or should I just throw the terrible looking ones into the copper bin with all the others?
And if you purchase wheats lets say on EBAY........are they mostly in good condition or are they roughed up?
And do you sort your wheats into a good pile and bad pile?
Thanks!!!!
|
|
|
terminal99
Penny Sorter Member
53 Posts |
Posted - 04/20/2008 : 07:03:37
|
| I just throw them all off to the side. A roll of wheats brings $2.00 here. |
 |
 |
|
|
Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 04/20/2008 : 07:18:41
|
You need to decide what your strategy is. If you sort large volumes of coin like HCBTT, then you won't have time to sort out wheats. If you sort lower volumes then sorting out wheats is less time consuming. EBay auction prices are higher for copper that includes wheats. You can check your coin value in coin magazines or You must be logged in to see this link. based on the condition.
I sort them out and keep them seperate. I don't think the EBay auctions reward you for the value as well as they should. I sort about $300/week. |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/20/2008 : 10:42:27
|
If I see a wheat come out of the machine I grab it. If I don't see it, it goes in with the coppers.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 04/20/2008 : 11:22:32
|
quote:
Originally posted by Tourney64
You need to decide what your strategy is. If you sort large volumes of coin like HCBTT, then you won't have time to sort out
wheats.
Al contrar.. I do somehow find the time to sort out the wheats.. I really like wheats!  I don't always do it right away. My strategy is to sort as much copper out from the zinc as I can. This goes in buckets that I call "Copper Crude" This mix contains normal copper memorials, wheats, Canadians, and cull wheats and memorials. Sometimes I just run this through the counter and ship it if that is what the buyer desires. Usually though, I do one more step than most people do. Many buyers are picky and don't want ugly pennies in their shipments. So I do a process called "Refining." In this process I pull out the wheats, Canadians and the culls. I seperate the nice wheats from the cull wheats. All culls go into seperate buckets which will be the first ones to hit the melting pot when the melt ban is lifted. I also occasionally sell these to someone that wants to buy copper but wants a really low price and is not concerned with what they look like. Obviously I have a lot more copper crude than I do refined copper. I can always do the refining later after there is no more copper to sort. |
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. |
|
|
|
NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 04/20/2008 : 12:33:37
|
quote:
Originally posted by Goldteam
Most of the ones I find are worn out obviously. They have anything from an orange look to them, to a salty look, to spots of dark on them.
They just look so worn and damaged. Is it even worth pulling them or should I just throw the terrible looking ones into the copper bin with all the others?
And if you purchase wheats lets say on EBAY........are they mostly in good condition or are they roughed up?
And do you sort your wheats into a good pile and bad pile?
Thanks!!!!
Like most collectible coins it all depends on what year they are. A 14D or an 09S VDB in poor condition as long as you can read the date will still bring hundreds of dollars. Right now we are getting about 2 cents for copper coins. But a wheat penny will bring about 4 cents. So I always throw them in a separate pail but then I collect them also. |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
|
|
|
n/a
deleted
16 Posts |
Posted - 04/20/2008 : 16:27:06
|
HCBTT..
Do you refine by hand. Was wondering the best/fastest way to pull all those canadians from the pile. |
|
|
|
n/a
deleted
21 Posts |
Posted - 04/20/2008 : 16:49:34
|
| I just wanted to say thanks to everyone for the responses. Sounds like everyone is different. |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/20/2008 : 17:26:58
|
quote:
Originally posted by illum
HCBTT..
Do you refine by hand. Was wondering the best/fastest way to pull all those canadians from the pile.
The best way to seperate the canadians and wheats would be with an optical recognition device but that machine is still under development. So alas.. I must refine by hand. I use the same tray I use for my manual sifting of the zinc so it goes pretty fast. |
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. |
|
|
|
Flbandit
Penny Hoarding Member
USA
851 Posts |
Posted - 04/20/2008 : 18:03:01
|
| I always seperate wheats. I figure I can always sell wheats if I need a bit of cash and don't want to get into my main hoard. |
Are you throwing that out? |
|
|
|
CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/21/2008 : 12:59:06
|
| I separate my wheats out into "good/decent" wheats and "junk" wheats. The junk pile contains cents that are beat up, corroded, have some green spots or are almost all green, or culls with so much wear that you cant read the date. I figure they are at a minimum still good for the copper content but if I have a collector wanting some wheat cents then I will will fill the order with the good stuff. Once I have enough junk, I will sell those in bags of 100, 500, 1000, 2500, etc. |
My hobby: collecting real money 1 copper cent or nickel at a time.
|
|
|
|
swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 04/21/2008 : 14:46:21
|
Anyone know the going rate on here for trading coppers for wheats? I know we have some that just want copper pennies for coppers and some coin collectors want the wheat pennies.
Would 3 coppers to 1 wheat get any wheats out in the open for trade?
-SWUSC |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
Edited by - swusc on 04/21/2008 14:54:51 |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/21/2008 : 15:19:07
|
| Post it in the Buy/Sell section and see if you get any action. Most folks that have lots of wheats also have plenty of copper so I am not sure what will shake some loose. |
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. |
|
|
|
Art Tatum
Penny Collector Member
USA
400 Posts |
Posted - 04/21/2008 : 20:50:54
|
Deuteronomy 8:9
a land where bread will not be scarce and you will lack nothing; a land where the rocks are iron and you can dig copper out of the hills. |
my machine is running! |
|
|
|
n/a
deleted
16 Posts |
Posted - 04/22/2008 : 21:03:53
|
quote:
Originally posted by HoardCopperByTheTon
quote:
Originally posted by illum
HCBTT..
Do you refine by hand. Was wondering the best/fastest way to pull all those canadians from the pile.
The best way to seperate the canadians and wheats would be with an optical recognition device but that machine is still under development. So alas.. I must refine by hand. I use the same tray I use for my manual sifting of the zinc so it goes pretty fast.
HCBTT.. what type of tray do you use? I am going to start sifting through my refined copper soon and the dish pan I use....
....well how do you make sure you flip everything and see all the wheat pennies? |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/23/2008 : 00:47:43
|
| I use a tray I bought at the dollar store. It is about 6 inches deep and 12 inches across. The trick to doing it properly is not to do too many at a time. Just do about 3 handfuls at a time.. about 400 coins. This way you can quickly flip them as you slide them from one side of the tray to the other. |
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. |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/23/2008 : 17:14:50
|
Another avatar....confusing me. Kinda scary....
Deal
p.s. Panda/cat cross-breed? |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
|
|
|
starwarsgeek171
Penny Hoarding Member
USA
651 Posts |
Posted - 04/23/2008 : 17:25:04
|
-1940s+ wheat pennies (I don't even check them - they are truly unsearched) get traded in to my dealer at $1.50 a roll.
-All XF-AU examples (regardless of dates) are carded and saved.
-All pre-1940s are kept in viles for furure searching/sales on eBay, etc.
Good luck! |
|
|
| |
Topic |
|
question about wheats
Forum Locked
