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Can Anyone Help A Collector On A Budget Make A Classic Set?

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Pillar of the Community
United States
917 Posts
 Posted 11/17/2011  6:42 pm  Show Profile   Bookmark this reply Add Coindog to your friends list
Hesgut is right in the aspect of Franklins not being thought of as a classic set just yet but on a budget its worth picking up a set IMO. There are I think 80 different year/mints of Mercs and 40 SLQs in low grades you can pick up most Mercs for 2 bucks and 6 bucks for a SLQ. The Mercury dimes are going to cost you way less to complete the set even with the keys 1916D and 1942/1. The SLQ 1916 is 3 grand alone. Food for thought.
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 Posted 11/17/2011  10:51 pm  Show Profile   Bookmark this reply Add Casutherland to your friends list
Well I guess I have narrowed it down between a Buffalo nickel Set, Standing Liberty quarter set, and Mercury dime set. I really want to make a set where you can at least see the dates on the SLQs so what do you suggest?
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 Posted 11/18/2011  01:09 am  Show Profile   Bookmark this reply Add Coinstar to your friends list
theres better deals out there than e bay
Retired USAF 1983-2003
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 Posted 11/18/2011  01:18 am  Show Profile   Bookmark this reply Add rjkingston to your friends list
Out of those three my personal preference would be SLQs. The later years come quick usually and then the hunt begins for the keys / semi-keys. The set isn't huge, only 37 coins to complete.
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 Posted 11/18/2011  01:28 am  Show Profile   Bookmark this reply Add rjkingston to your friends list
Just thinking I'd throw out another possibility. Do a 20th Century Full Type Set.

Get the best quality of every type, every denomination. Then you don't have to worry about hard to find keys that in the end may be fake. Also, you could acquire all the pieces for much less than complete Mercs, or complete SLQs. Might even be able to add a Gold Section.

Can-Anyone-Help-A-Collector-On-A-Budget-Make-A-Classic-Set?


Just a thought
Edited by rjkingston
11/18/2011 01:29 am
Valued Member
United States
209 Posts
 Posted 11/18/2011  02:28 am  Show Profile   Bookmark this reply Add Caferacer311 to your friends list

Quote:
theres better deals out there than e bay
Pillar of the Community
United States
1510 Posts
 Posted 11/18/2011  10:39 am  Show Profile   Bookmark this reply Add Coinstar to your friends list
rjking-- I have a 20th century type set--where did you get that plate?
Retired USAF 1983-2003
Bedrock of the Community
United States
17884 Posts
 Posted 11/18/2011  12:06 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
That's a Capital Plastics holder.
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 Posted 11/18/2011  12:25 pm  Show Profile   Bookmark this reply Add Chancellor Sutler to your friends list
The person who can help you .... is the guy who's looking back at you from the mirror when you're shaving in the morning. I started on a shoestring, and still consider myself to be of limited resources.

I started with a consigned accumulation a few years ago. As a commission, I ended up with a roll of Morgans. I buy lots on ebay when I think they've got good profit potential, and sell the stuff and buy something else, gleaning just a piece or 2 for my type set now and then.

Since starting back into the hobby 4 years ago, I've taken one short recess after selling a lot of stuff $8k or thereabouts, and I have begun working on my type set again. It contains some pretty nice coins .... some that are quite rare. It's meant buying and selling a lot of material thatI really had no interest in aside from the potential profit.

I agree that a type set is a good choice. There are inexpensive issues and those that are pretty spendiferous. Your budget will dictate what you can buy and when, but you can dictate what your budget is to a great extent.

Buy low ... sell high. Be forthright in your dealings, be honest with yourself and with your customers, and the rest will take care of itself.

Chance
Valued Member
United States
75 Posts
 Posted 11/18/2011  9:50 pm  Show Profile   Bookmark this reply Add T J to your friends list
the 20th century type set is a good idea.

if you really love the Morgan's the idea of starting with the P's is a good idea too.
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 Posted 11/18/2011  10:24 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list
nice plates--too expensive for me though
Retired USAF 1983-2003
Pillar of the Community
United States
642 Posts
 Posted 11/19/2011  12:27 am  Show Profile   Bookmark this reply Add rjkingston to your friends list
Coinstar: Conder pinned it. It's a capital holder. Not the cheapest way to store the set, but a nice show piece. I personally am working on a Dansco 7070 for my own collection.
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United States
520 Posts
 Posted 11/20/2011  7:12 pm  Show Profile   Bookmark this reply Add Casutherland to your friends list
Well I went to a small local coin show and spent about 40 on some SLQs. Bought a 1927 P Fine, 1918 Fine, ans 1920S VF with a slight scratch for 17..he went down over 23 on his original asking price. Paid 7.50 for the 1927, and paid 17 for the 1918
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 Posted 11/20/2011  7:42 pm  Show Profile   Bookmark this reply Add hesgut to your friends list
that sounds pretty good.
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 Posted 11/20/2011  8:45 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
You can collect classic silver coins by first year of issue, birth year sets, wartime years, date sets, by type and mint mark, and many other ways, just be imaginative.

There are so many ways to collect the classic silver coins you just have to sit down and decide what types you like most and then go from there. You don't need to have complete sets of any series and you can have many duplicates of any given year or mint mark. It's your collection and what your goal to achieve is will ultimately dictate what you will buy and the condition of those coins you will acquire.

Whatever you decide, good luck and happy hunting!

Ed
ANA LM-3175
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