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 Replies: 22 / Views: 3,373 |
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Valued Member
 United States
475 Posts |
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Pillar of the Community
United States
4692 Posts |
Quote:
I think the best strategy is having no strategy.  If you are not in a hurry, just pick up nice material as you come across it at the right price. It took me 40 years to complete my 7070. |
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Pillar of the Community
5464 Posts |
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Pillar of the Community
United States
4085 Posts |
I would make a list of each coin type needed, a target grade and a target price. Then just start working your list, acquiring coins as you find nice examples. Since I am guessing you won't be going MS66 all the way back, you'll have to decide what grades work. I used an overall strategy of trying to stay VF or better, but some compromises had to be made. I also tried to go with lower grades for older coins, progressing through higher grades as dates became more recent. This seemed to work for me.
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Pillar of the Community
United States
1448 Posts |
The most difficult types to land a problem free example, in my experience, are the Capped Bust quarter, the classic head large cent and the Seated dollars. They also tend to be the most expensive. Maybe start with those and then spend time browsing for a particular type one by one |
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Bedrock of the Community
Australia
21788 Posts |
If you are just starting on a 7070 set, go in with an open mind, and seize on any opportunity that looks like a vary good bargain, with regard to condition and value of coin vs price. (Otherwise known as cherry picking.)
That has been my buying tactic for the last 5 decades. Some people call that tactic as buying well, but it has a significant positive value benefit in the long term.
The most inefficient tactic value wise,
is to pay top dollar for a particular target coin that you are looking for. If you do that, many opportunistic bargains will slip by without you noticing them.
Edited by sel_69l
03/11/2019 07:49 am
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Bedrock of the Community
United States
20753 Posts |
This sort of like asking which car should I buy. Or which house should I buy. Just way to many variables. I'd suggest just getting a copy of the Red Book and look through it for what interests you. |
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Pillar of the Community
United States
8715 Posts |
Quote:
I think the best strategy is having no strategy.  |
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Valued Member
United States
475 Posts |
Eye appeal and budget will be my guide!
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Pillar of the Community
 United States
6514 Posts |
I was lucky when I started mine. A member was selling about a dozen coins he had upgraded in his album. I purchased them from him. Those, plus what I had in my possession, gave me a nice jumpstart. Now I just basically choose a hole at random, do some reading up on the piece, then figure out what grade I'm willing to budget for.
Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 |
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Valued Member
United States
475 Posts |
Fortunately, I'm not starting from zero as well. But, have a long way to go. lol
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Pillar of the Community
United States
6514 Posts |
I agree. I feel the same way that it's pretty overwhelming. So many holes. I just keep telling myself,"One at a time... One at a time." Eventually it'll be,"One left to go! One left to go!"  Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 |
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Pillar of the Community
United States
533 Posts |
I would pick a set, a budget, a grade, and or a price. For instance I am doing Morgans and the best coin and grade I can get for under $500 for each year and mint mark combination. So it might be a MS61 for one and a MS66 for another. I am doing the same with a few other series, like the Barber dime, but in that case it is $60 limit. I am also collecting modern Silver Eagles and all those are MS70 regardless of price so I going by grade not price in that c ASE |
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Valued Member
United States
475 Posts |
Since I already have a thread on starting a type set collection going, I will only update progress and ask questions there.
Thanks!
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Pillar of the Community
5464 Posts |
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Replies: 22 / Views: 3,373 |
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Posted 03/10/2019 9:34 pm
