Bag holds 5 Pounds of copper pennies! Basically it would take 157 cents to equal One Pound of Copper An interesting side note is that Pennies Don’t Make ‘Cents’ and really do waste taxpayers money since according to recent US Mint production figures producing pennies costs about 1.5 cents per coin. 181 The total number of post-1981 zinc Lincoln cents per pound. The only … I sell POUND lots on ebay, but not half pound. Issued individual face values of $.01 (USD) by the government of the United States. = 16 oz. Answer Save. There are roughly 150 pennies per pound. Here’s more about the 1955 double die penny.. 1931 S — Due to very low mintage, this coin has a value of around $75.. 1924 D — Low mintage makes this one worth $20. How many pennies per pound, Penny types. The coin is composed of 95 percent copper except for the mint year 1943. the 1943 Lincoln Wheat penny is composed of steel due to the copper shortage during WWII. 10 pounds (1500 copper pennies) 1909-1982. The Lincoln Wheat penny was first minted in 1909 celebrating the 100th year of Abraham Lincoln's birth and this bag is a fantastic gift for coin collectors. The Great American Coin Company is proud to offer PENNIES BY THE POUND. IMPORTANT thede lots are random. However, Money Metals ensures that any 1982 dated pennies that may be included in our bags are in fact the 95% copper version - which weigh heavier than the non-copper ones). I got that same info from Wiki. I've been tossing pennies in there for about a year and I want it to be accurate. Save every penny you encounter over more than 60 years, and you could end up with 500 pounds' worth. This is a full half-pound of classic Lincoln Wheat Ears Pennies. Rare coins such as the 1909-S VDB and 1914-D are the "Holy Grails" of any Lincoln Wheat … I sleep good at night knowing I am honest about my dealings with people. Also the average box had 9 pre-1939 pennies. Scary. Wheat Pennies struck between 1909 and 1958! For my part, I feel my description is worded about as honestly as possible. A pre-1982 penny consists of 95% copper and 5% zinc. U.S. Pennies minted after 1982 consist of 97.5% zinc. Copper and tin were redirected to the war effort during the 1940s and the US Mint was authorized starting in 1943 to adjust copper content in the coins. I’m pretty sure I found a 1942 proof penny in the bucket . 2n2222. Favourite answer. how many us wheat pennies in a lb. That’s about 8.8 ounces or .55 pounds. 1 decade ago. Pennies. 1 lb. Wheat pennies (averaging under a dime a piece) seem very cheap. All Wheat Pennies are worth more than their face value of .01 cent. If you want to flip large lots of wheat pennies for a quick profit, our standing bid for clean, undamaged wheat pennies is $3.50 per pound in bulk. - The famous wheat penny was issued between 1909 and 1958. Just wondering. Since circulated coins wear they will weigh slightly less. These pennies come specifically from the copper Wheat Penny range issued between 1909 and 1958. Watch live: Tampa Bay Bucs vs Washington Football Team These wheat penny bags are very heavy. The American Wheat Penny is seldom found in circulation, with the majority of them now in the hands of private collectors. Most of the coins contain 95% copper content. Seven dollars and fifty-five cents … Lincoln Wheat pennies are one of the most popular series of U.S. coins that coin collectors strive to build a complete set.   That meant the copper in each penny was worth about 1.7 cents. Pound of Wheat Pennies - Wheat pennies from six decades in a canvas bag, Great Starter Kit! Now, the most common Indian cents bring over $ 1.00 a piece! That’s 9.5 ounces or .59 pounds for 100. Save the right penny, though, and it's worth more. I was gonna buy a 5 pound bag of wheat pennies, just curius how many pennies that is. Coin Highlights: Arrives inside of a labeled plastic bag! The etymology of the term "penny" is uncertain, although cognates are common across almost all Germanic languages and suggest a base *pan-, *pann-, or *pand-with the individualizing suffix -ing. Wheat Pennies Per Pound . 449 Posts. AMERICA'S DISSAPEARING WHEAT PENNIES ONE POUND. On the obverse is a bust of President Abraham Lincoln. Thanks, Matt-Oh and here is his ad for the wheat… All coins are dated between 1909 and 1958, so they are up to 100 years old and more. The coins come in a canvas bag. How many pennies in a pound. 454 grams in a pound divided by 2.9545 per cent = 153.66 cents per pound. With your purchase of Wheat Pennies in this 5 Pound Mixed Bag listing, you will receive a canvas bag containing a total weight of 5 Pounds worth of US Pennies. Wheat pennies minted from 1909 to 1958 is a popular series with collectors and covers a wide range of value and demand. However, pennies minted between 1909 and 1982 and modern Union Shield-backed pennies weigh 3.11 grams each. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition. Author: Replies: 12 / Views: 12,783 : Gutkowski. So i did a random 10 unit search. Features 1 Pound total weight of copper Wheat Pennies! Though President Lincolns bust remains on the US Penny today, these Wheat Pennies are so-named for the use of wheat stalks in the … Please keep in mind this bag contains a mix of dates from the 1910s … OK, I'll bite. 1 Pound Of Wheat Pennies Unsearched. Right now, Wheat Pennies in 5 Pound mixed bags are available to purchase online from JM Bullion. Posted 06/10/2010 08:47 am I found someone who will sell me wheat's at $7.00 per pound he has a few 50# bank bags whats the going rate for them ? Contains 95% copper per penny in most cases. There's about 140-145 pennies per pound and we always throw in an extra handful so everyone gets more than they bargain for. I looked quickly and found some 1960 ish pennies so I will send 1.1 lbs to cover any. Any penny dated from 1909 to 1958 is a wheat penny. Great way to get anyone started in this wonderful hobby! One pound is 454 grams.   It contains about 2.95 grams of copper, and there are 453.59 grams in a pound. All … There's a number of auctions right now by a seller that apparently bought a huge lot of wheat pennies at an estate auction. Contains .0999 Troy oz of 95% copper per coin. Based on a weight of 3.11 grams each, a pound of those pennies is worth about $1.45. 3 Answers. They weigh three grams each. There are 453.59g per pound (mass). Roughly how many pennies you’ll need to search through in pocket change and in coin rolls to find at least 1 Lincoln wheat cent. When wanting to weigh pennies per pound, there are 147 copper pennies in a pound and 182 zinc pennies per pound. 1955 Double Die — Some of the 1955 wheat cents were struck from improperly prepared dies that show a fully doubled outline of the 1955 date. There is a great variety of dates and mint marks, so this is a wonderful way to start or add to a collection of Lincoln Pennies. 06-03-2013, 11:48 PM elnina : Location: San Antonio/Houston/Tricity. How many wheat pennies are in 5 pounds of wheat pennies? So in order for a coin to fetch a high price on the collector’s market or as an investment, we need one of these two characteristics: – An especially good state of condition. Pennies minted from 1909 to 1982 weigh 3.11 grams each, making a pound of those coins worth $1.45.   The price of copper on Dec. 10, 2019, was $2.75 a pound. Estate Blow Out! Each penny is 2.5g (current composition), so: 454/2.5=181.6c Or just over $1.81. The primary exception are 1943 steel cents that included steel content with a zinc-clad layer. I sold about 10 lbs last month and have about 13lb more . A pound is just about equal to 454 grams. Findong a circulated coin in MS-63 is a long shot. So there is actually less than $2 in coins per pound. Kinds of Penny. The Lincoln Wheat penny is 19.05mm in diameter and has a plain edge. 16 Ounces of Wheat Pennies. Purchased from New England Estate Over 25,000 pounds of unsearched Wheat Pennies Description: Available for sale is a large hoard of assorted coins and currency are the following: (1) Full pound of Unsearched Wheat Pennies-! Both types of pennies were minted in 1982. 5% zinc and/or tin value and weight not included. Shipping: Shipping is only $7.95. "Wheat" pennies featuring wheat ears were minted from 1909 - 1958 and were replaced by the Lincoln Memorial. But that lifetime of saving may be worth more … I found the average box has 60 Wheat pennies..There was a high of 92 and a low of 45. I do not search anything. A GREAT WAY TO START A COLLECTION. So there are 454 g/lb / 3 g/penny = 151 pennies / pound. She is selling them in 10 pound lots, which according to my scale, is about 28 rolls. Some of the Lincoln Wheat pennies are worth more, so you will need to spend the time to research each year to access the collectors value. Good deal or bad deal ? Pennies 1982 and after weigh 2.50 g, 97.5% zinc, 2.5% copper. There's a stock photo that's on all her auctions--some 10 pounds, some one roll, a few envelopes of 10 pennies. The only exception to this are wheat pennies made in 1943. The reverse includes a wheat stalk design. Stock up now The Lincoln Wheat penny was minted from 1909-1958 and shows the bust of Lincoln on the reverse and the wheat on the obverse. So there are 181.44 new zinc pennies/pound and 145.85 new copper pennies per pound. It works out to be about 180 Lincoln pennies per pound and since the copper value for pre-1982 pennies is 3-4 times the face value, you could do well on eBay if you can still find them. However more are being found as I clean out my grandfathers house. That’s almost 11 ounces or .68 pounds for 100. They weigh 2.7 ounces each. Early era wheat cents: 1909 through the mid 1930's have many higher value dates and mints, becoming serious collectibles. Sift through the one pound bag of Lincoln Wheat pennies. A Troy ounce is heavier because there are only 14.58333 Troy ounces in a pound whereas the "normal" (avoirdupois) ounces are 16 in a pound. United States. Pennies 1982 and before weigh 3.11g, 95% copper, 5% zinc. It must not have suffered any kind of wear and tear from circulation, nor must it be nicked or scratched. Benjamin Franklin once said that a penny saved is a penny earned. I'm going to weigh the jar and see how close the TD machine comes to being accurate. In addition there are approximately 168 steel cents per pound. In this product listing at Silver.com, you can purchase a One Pound Bag of Wheat Pennies. A pound of pennies produced from the design launched in 1982 is worth $1.81, containing 181 pennies at 2.5 grams each. PENNIES BY THE POUND makes a great introduction to coin collecting. Take a look at the pics of it and message me with any questions. Resultant values will be rounded to two or more decimal places depending on length. Valued Member. We will take any quantity up to 100,000 coins or 1000 pounds in weight. Penny is first attested in a 1394 Scots text, a variant of Old English peni, a development of numerous variations including pennig, penning, and pending. The 1955 double die has a value of about $1,200. Relevance. Pennies minted from 1962 to 1982 contain less copper in the plating. Lv 6. Think about it. In this bag you will find an assortment of wheat pennies that consists of at least one from each decade, including a 1909 cent from the first year of issue! Coins from the later decades the 1940's and 1950's are plentiful and affordable, popular with new and beginning collectors. Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. Bears a face value of $.01 (USD) backed by the federal government. Avoirdupois 1 lb. It wasn’t too many years ago when US Indian cents were inexpensive and easy to find, just like wheat cents. I've been asked how many Wheat pennies are expected. I'm thinking probably $75. Date marks range from 1909 to 1958! Wheat pennies are coins that, with few exceptions, were minted in incredibly high quantities. Lincoln pennies come in two designs on the Reverse. Both 95% copper & 97.5% zinc cents were minted in 1982. To participate in the forum you must log in or register. 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