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How to Find Wheat Pennies in Circulation

Coin Collectors, Rare Coins

Here is some information on how to find wheat pennies in circulation. The wheat penny or the wheat cent was an American coin that was produced from 1909 to 1958. The wheat penny had a very long run of production and many are still circulating. But as time has passed the wheat pennies appear to be becoming less common as they turn up less frequently in my pocket change than they did even a decade or so ago.

Many people wonder if wheat pennies are worth anything. While most wheat pennies are of little value there are some rare coins that are quite valuable and even the common ones are worth more than a penny. In fact, all pennies produced prior to 1983 are made of copper and the copper content alone is worth more than the face value of the penny. For this reason alone, it makes sense to hold onto all pennies from 1982 or older. For more information on the value of the metal content of copper pennies and other coins visit www.coinflation.com.

So back to how to find wheat pennies in circulation. The most important factor in finding more wheat pennies in circulation is to go through a lot of pennies. As most people don’t have enough money to simply go around buying whatever they can find to get back change, here is another way to do it. Coin collectors have for years frequented banks and bought rolls of coins, searched the coins for whatever they wanted, then rolled and returned the extra coins to the bank for more. While I’m certain bank tellers hate to see us coming I have yet had one to refuse to sell or accept coins! Banks where you conduct other business are generally more pleasant about dealing with coin collectors. Tell the teller that you are a coin collector and that you want rolls of circulated pennies. If you simply ask for rolls of pennies you may get new ones which are of no use when searching for wheat pennies. Perhaps even better than banks are rolls of coins from other places. Buying rolls of pennies from grocery stores, gas stations, and other places that reluctantly accept payment in coins is a win-win situation. They don’t want the coins and you do!

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Another tip for how to find wheat pennies in circulation is to make friends with bank employees, cashiers, and others that handle a lot of money. A few friends in these places can come up with a lot of wheat pennies for your collection.

One last tip is to keep your change separated in your pockets. Each morning I put coins that I have searched into my right pocket to spend and put new coins that I receive into the left if I don’t have time to examine them. At the end of the day I search the new change for anything that I may want.

While collecting wheat pennies and other coins from circulation can become an obsession, it is at least a harmless obsession that doesn’t cost much.