BULK WHEAT LINCOLNS PROBABLY UNSEARCHED
BAJJERFAN
Posts: 31,088 ✭✭✭✭✭
What are they bringing wholesale or retail these days?
theknowitalltroll;
0
BAJJERFAN
Posts: 31,088 ✭✭✭✭✭
Comments
220/260
Any other input other than not much over face? Mite be just as easy to take them to a bank. In this case bulk could be 8 $50 bags. No idea about how they are stored.
Are they wheats?
My Adolph A. Weinman signature
YES. Somehow neglected to put that in the title.
At 4 to 5 cents each, they are worth taking to a buyer.
My Adolph A. Weinman signature
You can lug them to a bank for face, or lug them to a coin dealer for 4 or 5 times face. 🤔
flat rate boxes work wonders
The cost of gas probably isn’t worth the trip. Too much labor picking them up.
. Give handfuls to kids “trick or treating”, this year. You might inspire the next generation of collectors.
Coins aren't mine.
they go for over face
perhaps jmlanzaf can expound on the numbers
If eight $50 bags of wheat cents:
Face value = $400.
Wholesale value (at $220 per bag) = $1760.
Premium over face = $1360.
Appears to be worth a bit of time and effort.
My Adolph A. Weinman signature
$220 for $50 face is way over face. It's also about as high as it's ever been except for a brief time last year when it was $240 or $250.
220/260 is Upstate buy/ sell. Other large operations should be similar. A local BM might try $150 or $180 to ship them. But still over face.
Seems like a fun search if the price is right.