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 Replies: 16 / Views: 2,966 |
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Pillar of the Community
United States
1316 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote: I am looking to fill (partially) a US major coin type set. I'm wondering if there are any must have US coins pre 1940? Yes, all of them. |
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Valued Member
 United States
220 Posts |
Anything silver or gold is a plus, for me.
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Pillar of the Community
United States
5825 Posts |
Must have? Depends upon what you like. Your collection sounds something like a type set. In that case you want one of each design and Red Book variety. For Lincoln cents that's: -- one VDB -- one bronze/brass Wheat cent-- one 1943 steelie -- one bronze Memorial cent-- one clad Memorial cent-- one of each of the more recent designs If you don't have a Red Book, I suggest you get one. It doesn't have to be the latest, just a recent one. |
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Valued Member
Australia
208 Posts |
I would focus on coins that are interesting and appealing but affordable to get in somewhat nice condition. Large cent, Flying Eagle cent, Liberty nickel, Walking Liberty half, maybe VF-EF. Morgan dollar, Peace dollar, Buffalo nickel, steel cent, silver Roosevelt and Mercury dimes, Washington quarter, Kennedy and Franklin halves, Uncirculated. You will enjoy them, and can gradually move to other goals such as a gold coin, or earlier type coins |
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Pillar of the Community
United States
3343 Posts |
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
992 Posts |
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Bedrock of the Community
Australia
21788 Posts |
For me, U.S. classic coins can be included in this question. I have about 100 rather nice condition U.S. classic coins, which make up about 5% of my collection overall.
However, I am interested in coins across the whole of numismatics, and so under priced bargains are much easier to find.
A 'must have' coin for me is
a coin that is way below the normal market price.
That makes me an opportunistic cherry picker.
I never collect coins in sets. When it comes for kids to auction my collection, intending buyers will only be interested in individual coins to build their own set collections anyway.
The question I always ask myself is
'Can I immediately re sell this coin for a profit?'
If the answer is 'yes', then I will seriously consider to buy it. The strategy has always been to buy well.
I have been buying coins with this same philosophy for more than 40 years.
Nevertheless, I am a 'die hard' collector, and have never sold a coin!
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Bedrock of the Community
United States
20753 Posts |
A 1913 Liberty Head Nickel
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Pillar of the Community
United States
1261 Posts |
The easiest thing to do is to look up Dansco 7070 and see the coin types represented in that album. That gives you a broad representation. There are so many coins available in a pre 1940 type collection that there are too many to list. Absolute must haves to get you started include: 1921 Peace dollar1913 Type 1 Buffalo nickel1917 type 1 Standing Liberty quarter1859 Indian Head cent1860-1864 Copper Nickel Indian Head cent1883 V nickel without cents 2 cent piece 3 cent nickel 3 cent silver 20 cent piece Trade dollar |
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Pillar of the Community
United States
5832 Posts |
Start from getting the Dansco 7070 and watch those empty holes you want to fill, one at a time...
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Pillar of the Community
United States
646 Posts |
Quote:
The question I always ask myself is
'Can I immediately re sell this coin for a profit?'
If the answer is 'yes', then I will seriously consider to buy it. The strategy has always been to buy well  I'll pay Blue Book, or if it's a coin I really like, somewhere between Blue Book and Red Book. But I won't pay full Red Book/Greysheet prices. |
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Pillar of the Community
United States
1613 Posts |
Since you mentioned a partial, that eliminates the Flowing Hair, Draped Bust and some of the Caped Busts. The Twenty Cent would more or less be out as well. Aside from those, and dependent upon the grade you're shooting for, the rest should not be that tough. Keep in mind a few are going to set you back more than others, but still doable on a budget over time.  ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
06/15/2020 5:42 pm
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Valued Member
United States
112 Posts |
type coins are great. I would recommend all the different gold type denominations
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Pillar of the Community
United States
4417 Posts |
Quote:
Does anyone have ideas for must have coins? IMHO, another question needs to precede this one .... namely, what constitutes a must-have coin? Arguably, the answer will differ from collector to collector. Is the must-have coin one that .... 1) is needed to fill an album hole? 2) is desired for its historical provenance? 3) is atop the condition census? 4) is a new variety? 5) is one that few collectors will ever own? 6) is one that tells of an historic event? 7) is any combination of the above .... or? I recently acquired a coin that's been a must-have piece on my want list for over 25 years now. I jumped at the chance to own it and paid far stronger than 99.9% of collectors would. I bought into the history of the piece, of which around ten are known. Lacking knowledge of the history, I might only have paid $5-$10 bucks for the piece. The knowledge, the knowing, is what should drive collectors to determine what their must-have pieces are, methinks. AMEN ....  Edited by ExoGuy
06/22/2020 1:03 pm
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Posted 06/10/2020 01:56 am
