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Replies: 16 / Views: 649 |
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Pillar of the Community
United States
1118 Posts |
Does anyone here buy full sets of coins from the get go?
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Moderator
 United States
188213 Posts |
I used to see them for sale in coin magazines and wondered who would do that. Dansco/Harco/Whitman albums complete with Gem BU or Choice BU coins. I guess there are people who collect collections. 
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Pillar of the Community
 United States
1118 Posts |
I've personally found the thrill of trying to find cheaper albums with a portion of the coins included. This way, I can continue the set. Finding a Dansco for a good price with coins included IMO is a good bargain, depending on the price obviously.
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Bedrock of the Community
 United States
18662 Posts |
I've never done it, however, collections seem to be less expensive than the coins individually. if you are attempting to build say a buffalo set and dont want to spend years doing it, buy a partial set and then concentrate on the keys/semi-keys. for true collectors, its the hunt and its much more satisfying filling in each hole.
i think a lot of folks today call themselves collectors but in essence, they are accumulators. they rarely know anything about the series or history of the coin.
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Moderator
 United States
188213 Posts |
Valid points. 
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Pillar of the Community
United States
7027 Posts |
Pryer to the rise in silver prices (silver was @ +/- 20$/oz) I used to buy albums/folders (25 & 50¢) from mom and pop ebay sellers just for stacking silver. Checked for varieties/errors than stacked. Cent albums/folders were great for rpms and some upgrades.
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Pillar of the Community
 United States
6498 Posts |
Quote: I think a lot of folks today call themselves collectors but in essence, they are accumulators. they rarely know anything about the series or history of the coin. I think that has always been true. Typically accumulation burns people out pretty fast, because if they aren't being selective, their appetite outpaces their budget. That type of mindset seems particularly prevalent in comic book and trading card collecting. In all fairness, there are coin series where I have a deeper knowledge and appreciation (ex. Jefferson nickel varieties), but I also occasionally buy world coins and medals just because I like how they look. Even collectors can accumulate.
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Moderator
 United States
188213 Posts |
Quote:I used to buy albums/folders (25 & 50¢) from mom and pop ebay sellers just for stacking silver. Checked for varieties/errors than stacked. Cent albums/folders were great for rpms and some upgrades. That sounds like fun. 
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Pillar of the Community
United States
1231 Posts |
I've done it one time with a Franklin 1/2 set. Don't think I would do that again. Unless it was for the bullion aspect of it. What I found was some of the more common dates that are not hard to find in pretty high grade where AU. Which someday I will do an upgrade on the commons. For what that's worth.
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Valued Member
United States
472 Posts |
Not so much full series (Lincoln Cents, Jefferson nickels, Franklin Halfs, etc), but I have bought year sets of Quarters in Mint Cellos; examples Statehood, National Parks, American Women. I have an extensive collection of US Mint Sets, but don't want to break them up to fill my albums. And I plan to do it further for the completion of MS condition coins for those series.
Edited by Vector Ze 05/05/2026 6:38 pm
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Valued Member
United States
218 Posts |
I don't think I've seen full sets for sale other than 20th century coinage.
I'd love to see what a full set of large cents or half dimes would realize at auction, though.
Edited by samoth 05/05/2026 7:42 pm
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Moderator
 Australia
16826 Posts |
Lots of people will buy such sets, with the intent of breaking the sets up, perhaps pillaging the nicest coins out of them for their own sets, and then dumping the unwanted coins back on the market. For many coin dealers, I suspect this is their bread-and-butter source of income when PM values are down. But "set-pillaging" this way is actually a disincentive for collectors who want to assemble their own sets but don't like / aren't experienced at selling, as having to go tot he trouble of selling the unwanted/duplicate coins gives those unwanted coins a negative value.
Very few collectors, I suspect, are interested in buying completed sets with the intent of keeping those sets intact for themselves. Most of the "fun" in coin collecting is doing the set-assembly yourself, rather than paying someone else to do the assembling for you.
All of which means that a "complete set" is expected to fetch less on the open market than the sum total of all the coins if sold individually.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Bedrock of the Community
 United States
10520 Posts |
Only if it's a good deal and I can flip them for a profit.
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Pillar of the Community
 United States
7940 Posts |
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Pillar of the Community
 United States
5772 Posts |
Everyone brings up some valid points why people may buy a complete set. I don't usually buy complete sets but I have bought two over the years. One was "intentional" and the other was a very nice accidental surprise. The intentional one was a complete set of Ikes that I put a bid on to watch out of curiosity, that I ended up winning. The second was complete set was part of a lot of Lincoln cents I won at state of Florida unclaimed property auction. It was a complete set of Indian cents! (It was put together in about 1964, based on the copyrite date on the folder).
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Pillar of the Community
United States
898 Posts |
If I had the extra funds or if I thought I could get it by the spouse  I might. Closest was just a series of coins, like the Innovation P&D set and the ATB Quarter S Mint coins, it was cheaper to buy them as a set versus individually.
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Replies: 16 / Views: 649 |