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Anyone know how much those wheat pennies are worth?

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Anyone know how much those wheat pennies are worth?

Old 04-29-05, 01:00 PM
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Anyone know how much those wheat pennies are worth?

I found a jar of about 5000 of them in my old bedroom at my parents house. I might take them to a coin dude to see if any are worth much. I have heard that the 1909, 1943 (copper) and a 1955 double struck are worth a good bit. Anyone have any experince with coins or specifically these wheat pennies? Thanks
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Old 04-29-05, 01:02 PM
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Old 04-29-05, 01:03 PM
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yeah right
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Old 04-29-05, 01:05 PM
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look up a coin collectible store in the phone book
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Old 04-29-05, 01:06 PM
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Wheat pennies are neat, but they're not really collectable as far as value goes. I don't know what the current book price on them is, but they're probably not worth more than about 5-10 cents a piece. If you had a rare one or one that's in mint condition (unlikely) then it might be worth something, but just regular wheat pennies aren't worth much.
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Old 04-29-05, 01:11 PM
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Found this...
http://www.sammler.com/coins/wheat_pennies.htm
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Old 04-29-05, 01:13 PM
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Originally Posted by cpgator

good stuff. I think I'll sort them by year and see if any are worth my while. I might clean them up with some sort of oxiding bath or something.
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Old 04-29-05, 01:24 PM
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Originally Posted by dick_grayson
good stuff. I think I'll sort them by year and see if any are worth my while. I might clean them up with some sort of oxiding bath or something.
I don't know anything about coin collecting, but I would first contact a dealer to determine the best method of cleaning them. Don't want to do something that would cause them to lose value.
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Old 04-29-05, 01:25 PM
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Originally Posted by cpgator
I don't know anything about coin collecting, but I would first contact a dealer to determine the best method of cleaning them. Don't want to do something that would cause them to lose value.

yeah, I will be careful. I wasn't really serious about the oxidizing bath (just thought it sounded amusing).
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Old 04-29-05, 02:03 PM
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Bury them in your yard overnight, then dig them up, show and tell the story to a local coin shop, call the media and steal the Methuen dudes treasure thunder... at least for a minute or so

-Gunshy
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Old 04-29-05, 02:07 PM
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the value of metals like copper is up, so they might be worth quite a bit more than face value melted down.
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Old 04-29-05, 02:25 PM
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Originally Posted by Trigger
the value of metals like copper is up, so they might be worth quite a bit more than face value melted down.
I thought it was illegal to destroy money. I'm pretty sure I read that somewhere.
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Old 04-29-05, 02:32 PM
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Originally Posted by chente
I thought it was illegal to destroy money. I'm pretty sure I read that somewhere.
I always wondered if pennies were the exception because they make those machines that press pennies into souverniers.
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Old 04-29-05, 02:34 PM
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Originally Posted by chente
I thought it was illegal to destroy money. I'm pretty sure I read that somewhere.
Well don't tell anyone... and don't tell anyone you tore the tags off your mattress either. You may just stay out of jail.
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Old 04-29-05, 11:40 PM
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from: http://www.winsociety.org/newsletter...ted_coins.html
Many people have asked me this question, "Are you sure that is legal to smash a US coin?". I believe it is. Here is a piece of the law:
The United States Codes under Title 18, Chapter 17, and Section 331 states: "... prohibits the mutilation, diminution and falsification of United States coinage." However, it has been the opinion of some individual officers at the Treasury Department, though without any indication of approval, the foregoing statute does not prohibit the mutilation of coins if done without fraudulent intent or if the mutilated coins are not used fraudulently.
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Old 09-29-07, 09:19 AM
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I know its probably too late, but cleaning old coins to make them nice and shiny is the worst thing to do. It will reduce their value to bullion value (for wheat pennies that would reduce the value to about 2 cents.) There are plenty of places on the net that will give you the value of old coins and will also give you the method of grading them.

Wheat penny values
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Old 09-29-07, 09:48 AM
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Originally Posted by crazyronin
I know its probably too late
Umm, yeah, probably is too late. You bumped a two and half year old dead thread.

Nice link though.
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Old 09-29-07, 01:02 PM
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Old 09-29-07, 03:21 PM
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Originally Posted by crazyronin
I know its probably too late, but cleaning old coins to make them nice and shiny is the worst thing to do. It will reduce their value to bullion value (for wheat pennies that would reduce the value to about 2 cents.) There are plenty of places on the net that will give you the value of old coins and will also give you the method of grading them.

Wheat penny values

FWIW, I never did anything with the ones I had. I think my cleaning lady combined them with regular pennies and I didn't feel like sorting them all over, so there's just in a bucket somewhere.
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Old 09-29-07, 04:23 PM
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Originally Posted by chente
I thought it was illegal to destroy money. I'm pretty sure I read that somewhere.
The government has destroyed money much more through inflation than you ever could.
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Old 09-29-07, 04:49 PM
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http://cgi.ebay.com/1927-S-Lincoln-C...QQcmdZViewItem

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Old 09-29-07, 07:23 PM
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Originally Posted by dick_grayson
FWIW, I never did anything with the ones I had. I think my cleaning lady combined them with regular pennies and I didn't feel like sorting them all over, so there's just in a bucket somewhere.
Cleaning lady? Well Mr. Moneybags, why don't you just have your butler sort all the Wheat pennies out from the regular pennies?
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Old 09-30-07, 10:26 AM
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http://cgi.ebay.com/MASSIVE-COLLECTI...QQcmdZViewItem

Wheatback pennies usually sell by the pound.

Last edited by Nick Danger; 09-30-07 at 12:35 PM.
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Old 09-30-07, 10:31 PM
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Originally Posted by Nick Danger
http://cgi.ebay.com/MASSIVE-COLLECTI...QQcmdZViewItem

Wheatback pennies usually sell by the pound.
Dam! How does someone get all those Pennies?

Made a store pissed him off so he was going to go down their and buy a COLOR Television with Pennies?
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Old 10-01-07, 05:18 AM
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Originally Posted by Nick Danger
http://cgi.ebay.com/MASSIVE-COLLECTI...QQcmdZViewItem

Wheatback pennies usually sell by the pound.
Those people are genius. While someone may find a relatively rare coin, I'm sure they've scoured the bags for anything truly valuable, like a 1922 no mark or a 1909 S VDB. The true genius is that they are going to get way more than the bullion value for those pennies ($3.70/lb last time I checked.)
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