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 Replies: 19 / Views: 1,034 |
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New Member
United States
26 Posts |
Hello, I recently got into coin collecting and remembered I made an account to identify a coin a found. However, I thought that I could try collecting one of every circulated coin for the US. So far I've only got the basics (memorial and shield pennies, 2009 log cabin penny, nickels, dimes, quarters, half dollars and eisenhowers). I know it will get tough the older the coins are, but before actually trying this, is it even worth it, let alone possible? I am currently searching for wheat pennies. sorry if this is in the wrong category, I haven't been here in a while and am unfamiliar with the layout.
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Pillar of the Community
United States
1861 Posts |
go for it  Edited by mikev50
01/23/2026 10:23 pm
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Valued Member
United States
465 Posts |
Yes type coin collecting is very popular! There will be a couple major or impossible hurdles unless your filthy rich but not too many. The 1792 half dimse comes to mind and the Gobrecht dollar but most are obtainable. |
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Moderator
 United States
15381 Posts |
This is called type coin collecting as Pmint1 pointed out. In this effort a person collects one example of every type of coin minted by the USA. Many folks enjoy this method of collecting, and it is possible given enough time and financial resources to achieve a reasonably complete type coin collection. Quote:
I thought that I could try collecting one of every circulated coin for the US You might consider narrowing your initial focus to eliminate some of the truly rare and expensive coins. A very popular way to approach this is to collect the coins housed in a Dansco 7070 album. Google that for a listing of the coins. |
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Pillar of the Community
Canada
5238 Posts |
It's very easily done if you start at about 1870.
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Bedrock of the Community
United States
24878 Posts |
Quote:
A very popular way to approach this is to collect the coins housed in a Dansco 7070 album.  Having a 7070 helps you to plan acquisitions so that you don't accidentally duplicate types. And there is great satisfaction in filling holes. Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
94636 Posts |
 to CCF That is a great idea, Basically it would be a 'Type Set' like the '7070' type sets are that quite a few of us are assembling. (Myself included) Just set your self a goal, make a list of what you might want, and start it - But please make sure you come back here to show us your progress. (We love looking at coins for some reason)  |
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Pillar of the Community
United States
2200 Posts |
I love collecting type coins, too! I own a 7070 and it has served me well.
Of course it's possible! You just need a general plan on how you want to proceed. You also need to be realistic about what coins you can afford. To get a tough type, you may need to scale back the condition it's in in order to be able to afford it. (My personal feeling is that if I can't afford a certain type in very nice condition, I will wait. The whole point of collecting types is to show off their beauty. I'm not going to use a sub-standard coin just for the sake of filling a hole. To me, that defeats the whole purpose of type collecting. Consequently, none of the coins in my 7070 grade below VF; in fact, most are AU and BU.)
Currently the 7070 is not being produced. Dansco relocated in 2017, then COVID hit, then they had an horrific fire. The 7070 is not technically discontinued, but is on hold. They are a small, family-run company and are doing their best.
Whitman's "20th Century Type Coin" folder is another option. That's how I started. You'll find some of these coins in change. And for the ones you have to buy, the expense will be minimal.
(P. S. Speaking of "minimal" expense, keep in mind that gold coins once circulated. Were you planning on collecting one each of those types as well? I think many people--including myself--just don't bother. I can't afford to buy even one gold coin, let alone a whole slew of types.)
Edited by jpsned
01/24/2026 3:29 pm
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Bedrock of the Community
United States
19108 Posts |
Let the fun begin! For your safety, please remain seated and keep your hands, arms, feet, and legs inside the ride at all times...
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New Member
 United States
26 Posts |
Yes, I know not to try searching for mint condition coins from the 1800s or something ridiculous like that and expect a price not through the roof, I'm ok as long as I can tell what it is. Will update when I get more coins thanks to all |
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Bedrock of the Community
United States
24878 Posts |
Dansco 7070 albums are available - don't buy one at inflated prices on ebay. Check your LCS or go to a coin show. My LCS has several, and a dealer I bought from at the Houston Money Show had several (all about $55). Inordinately fascinated by bits of metal with strange markings and figures
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Valued Member
United States
61 Posts |
I would agree with oriole about starting around 1870. All of the Seated Liberty coinage can be obtained relatively easily, but earlier than that will start to get tough |
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Moderator
United States
94636 Posts |
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then they had an horrific fire. I thought it was a terrible flood.  |
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New Member
United States
26 Posts |
Tried getting wheat pennies at the bank. They only let me get $1 worth of them due to the shortage, but no luck. Said they would accept rolls of pennies to trade for theirs.
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Pillar of the Community
United States
2200 Posts |
Quote:
I thought it was a terrible flood. Yes, according to their website, it was a flood. I was reading from another source and they got the wrong catastrophe. Edited by jpsned
01/24/2026 3:34 pm
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Pillar of the Community
United States
2200 Posts |
Quote:
Tried getting wheat pennies at the bank. They only let me get $1 worth of them due to the shortage, but no luck. Said they would accept rolls of pennies to trade for theirs. Do you have a local coin dealer? Mine has tons of wheaties for sale at a low price. |
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Replies: 19 / Views: 1,034 |
Posted 01/23/2026 9:52 pm
