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Replies: 38 / Views: 11,563 |
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Valued Member
United States
366 Posts |
Quote: Good place to revisit this topic, and with current prices I'm seeing that I'm not willing to pay for some of these. Todays 4 or 5 hundred dollar seated half or 2 or 3 hundred dollar Half Dime will seem like a steal in 10 years. But at least you'll be able to look back and claim to remember when. I can remember Indian cents in circulation, gold under $50 an oz., and gas under 30 cents a gallon. But as a very young man those prices seemed high. But I remember when. 
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Pillar of the Community
 United States
697 Posts |
Please believe me that this reply is in no way meant to brag, but is only meant to share with others. I know this group can appreciate the beauty of what I spent decades accomplishing, having finished my slabbed Dansco 7070 set with gold about three years ago. Since many will want to know, my average cost per coin for the 83 slots with gold is a tiny bit over $4,000. Lucky for me most of these coins were purchased between three and twenty years ago. Today, the cost would be higher. 1. About This Set: Out of the 83 coins, 68 are eligible for a CAC. All coins eligible for a CAC have one. 2. There are 69 coins in this set where the coin can potentially be graded with a "+" (coins graded 69 or 70 are ineligible to get a "+"). Of these 69 eligible for a "+", 44 of my coins are graded with a "+" (63%). 3. This set contains one Flying Eagle cent and three Indian Head cents. Not only do each of those four coins have a CAC sticker, but all four each have the Eagle Eye Photo Seal from Rick Snow. Ranked ahead of my set is the absolutely phenomenal set of D. L. Hansen, followed by his daughter Diana's set, followed by Black Cat. It's impossible for me to get my set anywhere near their gorgeous sets. A hotlink to my set appears in my signature line below. Steve
A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996
Edited by Winesteven 06/03/2022 11:44 pm
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Pillar of the Community
United States
5837 Posts |
@Winesteven,
That's a labor of love. Outstanding set!
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Pillar of the Community
United States
3848 Posts |
Winesteven, thank you for sharing the statistics of your type set. It isn't often that us smaller guys can get useful and interesting information about bigger-time collections. Very well done on your collection, I always enjoy clicking your links to view your coins every once in a while.   Quote:Todays 4 or 5 hundred dollar seated half or 2 or 3 hundred dollar Half Dime will seem like a steal in 10 years Who knows? We are in a completely new society than what has ever lived in the past. People have more extra money and credit card debt than ever before. The coin hobby has been flourishing because of these events. Who can tell exactly how long this will last? When a stock has an exponential increase, does it stay that way forever? I am not trying to intentionally differ, but just bring up different points of discussion. Me personally, I think the coin hobby is going to continue to flourish for at least my lifetime (60 years). Coin values and interest has been steadily increasing since the dawn of the United States. If something drastic happens, then numismatic premiums could diminish very quickly. Coin collecting has been around for as long as coins were being made, so I certainly can't see it going to zero. No need to get into politics, but a political/environmental/economical disaster could change everything.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Pillar of the Community
 United States
3662 Posts |
@Winesteven, thanks for sharing. I truly admire the long-term effort and dedication you've put towards building your incredible sets. I enjoy browsing the ones you have in the NGC registry on a regular basis!  The nice thing about collecting coins is there is something for everyone, no matter how small or large the budget. Type sets (non-gold) are particularly nice in that regard. Set your budget and collecting goals, and work with that. Much of the joy of collecting is the "thrill of the hunt", and that's completely irrespective of the cost of the coins that are going into the holes in your set or how long it takes to accomplish it.
Edited by hokiefan_82 06/04/2022 02:57 am
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Pillar of the Community
 United States
697 Posts |
Quote: The nice thing about collecting coins is there is something for everyone, no matter how small or large the budget. Type sets (non-gold) are particularly nice in that regard. Set your budget and collecting goals, and work with that. Much of the joy of collecting is the "thrill of the hunt", and that's completely irrespective of the cost of the coins that are going into the holes in your set or how long it takes to accomplish it. You're absolutely correct! When I started out about fifty years ago, I fell in love with the concept of a Type Set of U.S. coins, and that's how it started for me. It was truly low budget, yet the truth is, I got just as much pleasure from it then as I get now, including the pleasure of showing it to others, as well as the hunt! Thanks for your kind words. Regarding my sets, although it's not yet quite complete, I'm most excited about my special Indian Head cent set! Steve
A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996
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Pillar of the Community
Russian Federation
5177 Posts |
I should probably figure out the average cost per coin for my set... but I cheated a little, because a lot of my coins were gifts! And I still don't have most of the really expensive types. I hope prices don't continue to rise, though. I barely made it to the point where I could actually get a Seated half before our economy was locked up and the supply of US coins dried out. It seems like, by the time I could again be in a position where I would feel comfortable buying valuable US coins again, the prices would probably climb by an order of magnitude or two and I wouldn't be able to afford any of the coins I don't yet have (and might want to sell off some I do have, like the 1921 Morgan).
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Pillar of the Community
United States
638 Posts |
After reading this thread. I may just have to start a 7070 set. I know, I would be able to fill many holes with coins I already have.
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Pillar of the Community
United States
3848 Posts |
Quote: After reading this thread. I may just have to start a 7070 set. I know, I would be able to fill many holes with coins I already have. Give it a go! They are very enjoyable to complete, and be sure to post pics when finished!
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
Edited by jacrispies 06/04/2022 10:40 am
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Valued Member
United States
357 Posts |
@Winesteven  what an amazing type set! @Raised on rock, this is how I started my type set as well, as I'm sure many others did too. I hope one day I'll be able to upgrade to a much nicer, slabbed set. But it's fun to hope and continue trying to fill out the set the best I can along the way.
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Pillar of the Community
 United States
744 Posts |
Mine is nowhere near the quality of Winestevens set, which is unbelievable, but I am happy with it... Someday I might upgrade a few of them. A few of mine were rather expensive... I broke several out of holders and I taped the labels on the inside back cover of the album. Link is below...
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Pillar of the Community
 United States
697 Posts |
Mark, that's a REAL nice set! Enjoy!
Steve
A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996
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Pillar of the Community
Russian Federation
1557 Posts |
I opened the PCGS website and started the set "Complete Dansko 7070 Modified TypeSet No Gold (1796-Date)". Congratulate me. I added the coins I had.In the end, I added only 30 coins.I'll probably add another one as soon as I can sort out the problem, but so far only 30. Mdaaa Not enough. I did the calculations and I got 32.28$. But I probably, like many here, got some coins for free. Specifically, these are 5 2000-S coins from 1 to 50 cents. Quote: before our economy was locked up and the supply of US coins dried out. I really hope that everything will end soon and we will be open to the world again.
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Pillar of the Community
 United States
697 Posts |
@Slerk, I wish you well.
Steve
A day without fine wine and working on your coin collection is like a day without sunshine! My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set: https://www.PCGS.com/setregistry/ty...edset/213996
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Moderator
 United States
189673 Posts |
Quote: I opened the PCGS website and started the set "Complete Dansko 7070 Modified TypeSet No Gold (1796-Date)". Congratulate me. Nice start!  Quote: I really hope that everything will end soon and we will be open to the world again. 
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Replies: 38 / Views: 11,563 |
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