how much are bulk wheat cents worth to you?

[Guest]

so say you want some wheat cents, maybe like 1,000, how much is a bag worth to you of mixed dates that has obviously been searched for keys but probably hasn't been cherry picked by one of us yet? i'm thinking 4 cents on the cent? is it possible to get cheaper?

[coppercoins]

Wholesale is around 3 cents each, but you'd have to buy a 10,000ct. bag. If you want 1,000 - generally 4-5 cents each is about right.

[liveandievarieties]

When we pick up bags we pay dealers 3x face, 3.5 if they're real sticklers. Bags on eBay average about 4x face value. Paying more doesn't assure you of any better chances. Most bags are unsearched for varieties, I've never gone through a bag of 5,000 wheats and come up empty handed.

[Joe2758]

thank you both

[mrmike916]

Hi Joe. I always broke it down to the roll, usually try to pay $2.00 - $2.50 per roll unless I've bought from the same seller in the past with good enough results to justify me paying more. I still see lots advertised as mostly or all 40's n 50's still selling below .04. Good luck!

[Magers]

I pay 3 cents each at my local dealer. I couldn't really justify paying more than 4 cents unless I knew they were 100% unsearched, which would never happen.

[Jacob]

Everywhere Ive got Wheaties Ive got them 3 cents a piece. I wont pay more than that.

[coincollectingenterprises]

Speaking from the standpoint of a seller, it isn't worth selling for 3 cents per coin and not search it. Not to me, at least. I'd just hoard them at that point and fill up a 1 ton super sack or two. Think of it in terms of time management. The only way that even remotely makes sense is if you simply are reselling something you purchased for less than three cents. Yet, if selling an unsearched bag of wheats is worth 3 cents, odds are, the bag they bought is searched. Ultimately, it comes down to reputation and opinion.

Truthfully, I have been contemplating stopping selling them altogether and just create a massive stockpile. They sell so well as is, that makes me wonder about what the price would be once the cent is eliminated.

[Jacob]

Of all the Wheaties Ive acquired for 3 cents a piece Ive found numerous nice RPMs and DDRs. I give all of the Wheaties to my kids but lable the doubled dies and RPMs for them. The rest I put in tubes they have about 6000 Wheaties to date.

[coppercoins]

Probably 80-90 percent of the wheats on the market have not been 'searched' for die varieties. I buy at 2.5-3 cents per coin and have no trouble selling at 4 cents per coin. The days of retailing wheat cents at 3 cents per coin are pretty much over, just like $2 gallons of gas.