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realcent
Forum Admin
USA
246 Posts |
 Posted - 06/05/2006 : 15:13:59
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I was at my local coin shop today where I buy most of my silver bars and rounds and the dealer was using his coin counter to count out $50 face value bags of wheat pennies. (1909-1958) He was selling them for $175 each. About a year ago he used to sell them for $150 a bag, I don't know if the price increase is because copper went up, or the collector value went up, or is just random.
I started talking to him about wheat pennies and told him my wife collects them, and he said he could come down to $156 because I am a regular customer. That's a little over 3 cents per coin.
I went ahead and bought a bag even though I could have had three times the copper for the same price by sorting boxes of cents. I figured it was a way to combine a present for my wife with aquiring some more copper. We got a bag a long time ago and it was fun going through them, she filled up a lot of spaces in her coin albums, and the rest are in a huge (almost waist high) jar she has for wheaties. I think it will take at least one more bag to fill her jar, so I will probably pick up another at some point just because it would be cool to see that jar full.
RealCent
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n/a
deleted
42 Posts |
Posted - 06/05/2006 : 17:26:58
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Nice buy, its time to look for cherries. Ever been to this site? He's a member of the coin forum I frequent. Hands down the best resource for date/mm varieties.
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This guy goes through lots of cents looking for the good stuff. Not only a variety searcher but a good artist also. Has does prints of all the great engravers.
No joke here, I will buy your errors. |
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realcent
Forum Admin
USA
246 Posts |
 Posted - 06/05/2006 : 17:37:20
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quote:
Originally posted by 3drcpilot
Nice buy, its time to look for cherries.
We will. My wife and I will go through them one by one and look for anything interesting. She is the wheatie collector, and I bought them for her so I have to wait till she gets home, but I sort of cheated. I grabbed a handfull just to see what I could find and I was surprised. Nothing amazing, but I was expecting pennies from mostly the 40's and 50's. In that handful there were actually quite a few teens and twenties, and plenty of S mint marks. I will let you know if we find anything really good.
Thanks for the link by the way, that is an intersting site. I am going to go look through it in more depth now.
RealCent
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deleted
42 Posts |
Posted - 06/05/2006 : 17:46:34
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If you happen to sort by date then you are in a good position to review each date on the coppercoins site in a simple manner. I used to use a bing lazy suzy table with pill bottles lined up and dated. did that for years. then one day I saw the the 31-s is a tough key date, So I pulled the 31 bin and sure enough- Ka,,ching times nine.
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Bought a bag of 5,000 wheat pennies
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