Wheaties

It's called market hype. It has nothing to do with rarity but people want to collect something and usually something that ez to find. So some pick Barbie dolls and some pick wheaties. Collecting something that's rare and expensive takes time and bucks. Just sayin...
 

Whenever the cent is discontinued and melting of the copper cent occurs, wheat cents, will be destroyed from people melting them down. Also ....its alot more than "market hype", some wheats are worth alot of money (1909s,1914D, 1923-1924(s), are pretty rare). Wheat cents are only going to go up in value, what are you going to loose by "holding a cent"
 

50cent said:
Whenever the cent is discontinued and melting of the copper cent occurs, wheat cents, will be destroyed from people melting them down. Also ....its alot more than "market hype", some wheats are worth alot of money (1909s,1914D, 1923-1924(s), are pretty rare). Wheat cents are only going to go up in value, what are you going to loose by "holding a cent"
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Guess I better go through my stash and take a second look
 

ironman said:
Please not really understanding but what makes them so collectable.
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They are not minting any more of them. That ALWAYS adds to collectability.

Also, the folks with discretionary cash remember them from their childhood. That also makes them at a premium.
 

I like finding wheatys as they are still old coins that haven't been minted since 1959. I have a 1920 that is my oldest coin so far. It also gives me hope that I may find some silver coins at a site if I keep at it. Finding a 1942 merc dime is really cool, but I still think it's awesome to find an old wheat, especially from the 1920's or earlier. I even have a blast finding brass button from the late 19th-early 20th century. When I hold that old wheat or relic in my hand I think of the history behind it and if this coin could only talk!
 

It's just what you chose to devote time and energy to. In my short time in the antique business I knew a guy that collected tie clasps. Not valuable jewelry, ordinary tie clasps. Maybe they'll be back in style some day. He devoted time and energy to his collection.
I wouldn't throw away an old Wheatie (though I probably have) but they wouldn't be something that would capture my attention. I doubt I have enough time to wait for them to be worthwhile. Especially on the rare chance of finding a valuable one. I guess I'll keep looking for that very large nugget.
Whatever floats your boat.
 

Lots of mint errors in wheaties in the 50's before they were discontinued. You can find BIE's which might be worth 5 or 6 dollars, but a 55 double die would probably start at about $400-$500 and go up depending on condition. And of course that 43 copper Lincoln that I have is worth...25 cents maybe. Well if they did a better job of plating it, we would be in the 50 cent range.
 

When I was a kid they were everywhere it seemed, I don't collect them really, but I did find one not long after I got my detector back in March. It was the first time I had seen one in a long time. I found it right out in the yard by the fence, about 4 inches down. It's a 1928 and was in really good shape so I doubt it was in the ground for that long and cleaned up pretty good.

IDK- its my oldest coin that I have found being new to the hobby, so I'm proud to have dug it. Even if it's not particularly valuable! :thumbsup:
 

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