| Author |
 Replies: 25 / Views: 3,226 |
Page 2 of 2
|
|
|
|
Pillar of the Community
 United States
7840 Posts |
Awesome idea!  Wheels turning, apply grease to the squeaky one.Break the 19th Century into one-thirds; 1800-1833, 1834-1866, 1867-1899? Edited by oih82w8
02/12/2010 10:07 am
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
I think that I am like most collectors, fill the holes, and upgrade as better appealing coins come along.
That is true for many of us but can become a problem too. I do that all the time. But if you don't have an outlet for the old ones, the stockpile grows. For example my Mercury dimes. I started with whatever I could find to fill the holes. Then as better ones were aquired, I put the lesser ones in another Album. This has continued until I now have 12 Albums of that coin. Same with many others. So it may all depend on what you plan on doing with the older ones as you replace them. |
|
Pillar of the Community
United States
7840 Posts |
Sell 'em or trade 'em for upgrades.
|
|
Pillar of the Community
United States
2541 Posts |
I've wondered that myself. Do I want to put a really nice 1921 Morgan in the Morgan spot or a semi-key/key coin. I can't afford a MS-63 1893-S for sure, so I think I'd have to go with semi-keys and hope to do AU-50 + like Bryan. I also agree with Bryan's point that MS-65 coins next to VG coins doesn't look quite so great. So, I guess the other alternative is to put everything in VF and it should be pretty affordable for a good amount of the album.
|
|
Pillar of the Community
United States
7840 Posts |
I like the gradual grade improvement as you move towards the back of the binder.
|
|
Valued Member
United States
271 Posts |
Quote:
I grouped the grades in my type set by era. Early 19th century is F-VF, mid 19th is VF-EF, late 19th is EF-AU, early 20th is AU-MS, and the rest of the 20th is high MS-Proof.
Great idea! |
|
Valued Member
United States
476 Posts |
I put together a ROUGH budget on a 7070 in VF (from the PCGS price guide) looking for the most inexpensive Date/MM of each type. Looked to me like it'd take about $10,000 (excluding the gold page) if you stuck to the VF through about 1900, and could do MS/Proof on the moderns. The VF set only showed two of the Large Cents that would be over $1,000 in that condition.
My goal would be to have a nice looking set where you could see a decent example of "all" of the coins minted since 1800. The CPA in me just had to have a clue what it'd take to complete before I went out and bought the 7070 and never got it filled. To me that price range seemed pretty doable over a several year timeline, and would of course be fun project. What remains to be seen is how much you could knock off that $10,000 price tag with some patience, shrewd purchasing, and grade compromises on expensive coins.
Again I think the ability to customize your set will be a fun part of the project...I'm pretty sure I'll get one started here in the next year or so.
|
|
Pillar of the Community
United States
4085 Posts |
I have put together my 7070 over the past 3-4 years and I would say I have spent between $3500-4000 for my VF or better set (almost finished but see below). There was a fair amount of patience and bargain hunting involved. I think PCGS prices can be on the high side sometimes. Prices may also have gone up. For example, PCGS lists the two capped bust halves I have (1834 and 1837, XF) at $185 and $250 - but I paid $90 and $175.
A couple of items to note:
I have one slot still unfilled - the 20 cent piece which I am budgeting $200-250 for.
My two large cents (the $1000 ones) are G+/VG until I can find and/or afford to upgrade these.
I think you should be able to put together a VF or better 7070 for $5000-6000. My estimate at least.
Ken
Edited by KenKat
02/12/2010 11:38 am
|
|
Pillar of the Community
United States
7840 Posts |
Holy crud! I did not look that much into this set, but then again, I am probably not going to be able to fill the gold page, which can be taken out.
|
|
Valued Member
United States
476 Posts |
Totally agree KenKat, again, I just threw amounts into a spreadsheet to "get a clue". I also budgeted somewhat generously and the PCGS pricelist is also for certified examples which would include the grading costs in the price. It's a matter of how patient you could be/want to be, in pulling it together. It's that $4-5,000 price difference that's the fun part, isn't it? Edited by DylansDad
02/12/2010 12:15 pm
|
|
Pillar of the Community
United States
4085 Posts |
Quote:
It's that $4-5,000 price difference that's the fun part, isn't it? True indeed!! |
|
Bedrock of the Community
United States
14454 Posts |
Quote:
Looked to me like it'd take about $10,000 (excluding the gold page) if you stuck to the VF through about 1900, and could do MS/Proof on the moderns. The VF set only showed two of the Large Cents that would be over $1,000 in that condition. Last time I added up the value of mine it was something like 18 or 19 thousand dollars, I do have the gold page though but its nice to see it almost finished and when someone does see it either on line or in person they really seem to like the way it looks Quote:
What kind of timeframe are you looking at on putting together a 7070 set while looking for appropriate prices for the different coin? This is also a factor, because it usually takes people many years to put together a nice 7070 album and if all that was used were key dates I dont know if I would be able to complete the set in my lifetime |
|
Valued Member
United States
220 Posts |
This is a great topic. I thought it will cost me about $5,000 to complete this album with VF-EF for 19 century coins and MS for modern coins. I guess that I will need to spend much more on this project.  |
|
Pillar of the Community
United States
1882 Posts |
Quote:
I like the gradual grade improvement as you move towards the back of the binder. As you visualize the possibility of going this route, keep in mind that it would not a change from front-to-back in the binder. Each coin denomination (dimes, for example) are grouped together in the album, so you would see the grade improvement happening repeatedly as you move towards the back. I like it, Biokemist, gives me something to consider in my planning. |
|
Valued Member
United States
476 Posts |
If you're looking for the 7070 spreadsheet, I actually found it linked on this forum. https://goccf.com/t/16416I added a budget column next to the cost column and just started plugging away. As has been mentioned, I'm certain you could complete the project in that $5,000 range as the $10,000 was list price with added cushion. |
|
Page 2 of 2
|
Replies: 25 / Views: 3,226 |
Page 2 of 2
|
First Page
Posted 02/12/2010 10:06 am
