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Have 4 separate 1958 wheat pennies, need advice, pretty please
honeybunchesof6oats
Posts: 5 ✭
Greetings! Opening a roll of wheat pennies I received as a gift, and so far have found 4 1958 wheat pennies. Two with no mint mark (one shiny copper, one more of a deep red color), and 2 rather similar ones, both with a D mint mark. Any thoughts on whether or not either of these is worth
more than face value?
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Welcome to the forum
Constructive criticism first.
This is the forum for US and World currency, not sure if a mod can move it or not.
Overkill on the photos. One good photo of each side of each coin would suffise.
Also crop your photos, this will also increase the size.
As far as your coins, I see nothing that is worth more than the copper they are made of.
There were millions produced and only high grades have any value.
Constructive criticism is always welcome, I appreciate your advice, and bluntness. Thank you so much!
Please crop your photos
I am sorry to say that they coins you have shown are only worth face value.
As stated above, way to many and uncropped pictures.
Put your new found wheaties into a jar and you can add to it when you find more in your searches.
Wayne
Kennedys are my quest...
Many non collectors are surprised to find that just because something is old it is not automatically valuable. But in numismatics the age of a coin is only one small factor in valuation, the condition, the survivability of that date/mm are much more important than the age of the coin. 1958 was the last year of the wheat back cent because of that many dealers and collectors horded this date by the bag and roll, it is an extremely common coin. So to have much of any value over the 3 cents of copper metal in the coin it needs to be in exceptional uncirculated condition, which your coins are not.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
What other coins were in the wheat cent roll?
Cheers, and God Bless, CRHer700
Do unto others what you expect to be done to you.
While it might be difficult and more time than it's worth to sell a small quantity for more than face value, the coins ARE worth more than that - roughly 3 cents each.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
When I find them to buy, I offer 1.5¢ each and most don't sell. That's fine with me!!
bob
I buy all I can at 3 cents each because you can wholesale them at 4 cents
Good photos. I can confirm that those are the last year of the wheat cent.
Looks like a clog "B"(diebreak) unless it is PMD. Clog letters in 50's wheats are numerous.
This 1958 cent is bright and shiny because it has been cleaned. As such not in a collectable grade. A Mint State cent should look like this. The difference is subtle for a non collector, but it means everything to an experienced collector.
you were shorted if you got a roll of wheat pennies and only found 4. What about the other 46?
Sorry to take so long to respond, I really appreciate all of your comments, it's nice to have straight answers to questions, because I know little in this area, and would really like to know more. I started getting into coins because my dad gets excited when he finds one he thinks to be worth something, but his vision isn't the best and he doesn't even use email, let alone go online to look into it...... he asks me to look up coins all the time, and I absolutely love doing it for him, but with all the contradicting information that comes up when I Google ANY coin, I was having a hard time trying to figure out what to tell him, because I didn't want to tell him something that would end up being false. I truly appreciate being able to ask about one here, and get fast, honest responses. I'll definitely crop the photos, and and keep the number of photos to a minimum. Also, the roll of wheat pennies is a complete roll, I just had something come up the other night, and had to postpone going through the rest of them until today, so I don't know yet what all else is in the roll yet. I'm sure I'll be back shortly, with at least a couple more questions 😆Thank you ALL, so much for your help! 💜💜
Hmmmmmm
Worth about 3 cents each.
I’m glad to read that you’re having fun!
It sounds like a physical book might be of benefit to your father and help you both. The Redbook of US Coins covers it all very well. You can purchase it online or through most coin stores.
It actually called.
A Guidebook to US Coins,
though it’s loosely referred to be coin collectors as The Red Book.
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
I agree whole heartily.
Get the Whitman Book,
It's a great starting point.
Pete
Spending money. Extremely common date wheat back cents.