1936 Wheat Penny great condition

Discussion in 'What's it Worth' started by JustaSqueeze, Apr 13, 2019.

  1. JustaSqueeze

    JustaSqueeze New Member

    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.
     

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  3. frankjg

    frankjg Well-Known Member

    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
     
  4. Michael K

    Michael K Well-Known Member

    The strange yellow coloring could be from cleaning. (which is bad)
    If it has not been cleaned, I agree with the .20 cents value.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Welcome to the neighborhood @JustaSqueeze !

    Where did you hear about the coin that sold for $21K?

    Chris
     
  6. RonSanderson

    RonSanderson Supporter! Supporter

    This is ungraded and worth a few bucks.

    01c 1936 #02 full 01v.gif
     
  7. JustaSqueeze

    JustaSqueeze New Member

    It hasn't been cleaned by me.
     
  8. JustaSqueeze

    JustaSqueeze New Member

    It was an auction.
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Who told you about the auction?

    Chris
     
  10. JustaSqueeze

    JustaSqueeze New Member

    It was on youtube, I don't know if they were lying or not.
     
  11. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Don't believe anything you hear or read on BoobTube!

    Chris
     
  12. gronnh20

    gronnh20 Well-Known Member

    You just validated @cpm9ball 's every mention of YouTube. @JustaSqueeze CoinTalk is better than YouTube any day. Welcome.
     
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  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    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.
     
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  14. Michael K

    Michael K Well-Known Member

    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.
     
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  15. thomas mozzillo

    thomas mozzillo Well-Known Member

    There's one listed for sale on ETSY for $49,500. :arghh:
     
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  16. ken454

    ken454 Well-Known Member

    you can list anything you want to on etsy for $49,500...
     
  17. thomas mozzillo

    thomas mozzillo Well-Known Member

    Thank you. I've already noticed that. My reply was meant as a little bit of humor.
     
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  18. Kentucky

    Kentucky Supporter! Supporter

    Then ya gotta use a smiley...:)
     
  19. thomas mozzillo

    thomas mozzillo Well-Known Member

    OK. :)
     
  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Like this....

    "There's one listed on Etsy for $49,500!:banghead::banghead::banghead::banghead::banghead:

    Chris:wacky::wacky::wacky::wacky::wacky:
     
  21. RonSanderson

    RonSanderson Supporter! Supporter

    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.

    upload_2019-4-14_7-9-55.png

    Photo courtesy NGC. Excerpt used here for educational purposes only.
     
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