I was wondering how much my 1936 no mint wheat penny is worth, I’ve heard one sold for 21k$. It’s also got a strange yellow color compared to other wheat pennies. I have two photos, one of the penny and comparing it to another wheat penny.
Sorry to break it to you but you have a fairly common wheat cent in VG condition worth about .20c. When it comes to coins, condition is everything and the one that sold for 21k was probably MS67 or 68. Google photograde for help on how to grade coins. Welcome to CT
The strange yellow coloring could be from cleaning. (which is bad) If it has not been cleaned, I agree with the .20 cents value.
Welcome to the neighborhood @JustaSqueeze ! Where did you hear about the coin that sold for $21K? Chris
You just validated @cpm9ball 's every mention of YouTube. @JustaSqueeze CoinTalk is better than YouTube any day. Welcome.
UTube is full of misinformation when it comes to coins. CT is honest even if it's not what you want to hear. Your cent is worth a quarter tops but more like fifteen cents. Welcome to CT.
I'm not saying you cleaned it. It's 80 years old and may have been cleaned many years before it came into your possession. Copper coins that have been cleaned often appear with an orange, pink or yellow color. You want your old copper coin to be more chocolate in color. The one in post #5 is a RED color, but that's just the name for what the copper cents look like when they are brand new, before they turn brown.
I think the confusion must arise because there is a doubled-die obverse variety in 1936. In extremely high grades the price guides go to five figures. The trick would be to actually find a buyer. You only need one, but the market for these varieties is very small, and very specialized. Photo courtesy NGC. Excerpt used here for educational purposes only.