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Pillar of the Community
 Canada
557 Posts |
Thanks All for the input! When I was starting to get back into the hobby I read somewhere that a collector should try and buy the scarcest coin in the best condition he/she can afford. That seemed like sage advice and that's what I have been trying to do. I was burned a couple of times during early purchases of Canadian gold, so now I stick with slabbed coins by either PCGS or NGC exclusively. I use multiple sources to try and ballpark values including texts and a couple of web sites. As a Canadian I have to calculate in possible taxes, import fees, shipping etc. when deciding what a reasonable price is and I've found that some ebay dealers are willing to sell outside of the platform at reduced costs which benefits my bottom line. |
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Pillar of the Community
 United States
8938 Posts |
I'll throw my Two Cents in. I've been working on my type set for quite a while and I'll share my general thoughts. Only buy once and be extremely strict. That means be unreasonably picky and a complete perfectionist, don't buy anything you'd be tempted to upgrade. Buy the best grade you can afford, and if it's a design you like more, stretch the budget. I've put budget limits on all the different types I've needed, I've also broken those limits on designs I like, see the Barber quarter I recently picked up. I had budgeted 1k for a nice MS-64 or 65 and ended up going above that for a real gem of a design I like. http://goccf.com/t/401485Thirdly, build a set you like and have fun doing it, that's what's most important. Type sets can take a long time. I bought a draped bust half dollar 2 years ago for my type set, and just recently bought a Draped Bust quarter. The reason it took so long was not so much due to budget, but due to lack of acceptable coins on the market. |
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Pillar of the Community
Canada
557 Posts |
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Common dates do not detract from a type set, but I try to stay away from the most common dates as there is much more competition when it is time to sell. On the Saint-Gaudens I did not want the 1924 or 1928. Slider, I'm curious to know which of the St. Gaudens years are less common, but still affordable in your opinion? |
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Pillar of the Community
Canada
557 Posts |
Hey Grape, that is an outstanding coin! I am not in this for profit, rather nostalgia. Collected a very long time ago and sold off during the gold/silver boom of 1980. Broke my heart actually. So the coins I buy now are for me. Gold coins in particular intrigue me, but eventually I'll move on to others. I really like the odd ball denominations (2 and 3 cent pieces) as well as Canadian 5 cent silvers.
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Valued Member
United States
134 Posts |
Type sets are just that. Normally you may want the different types but in the best condition possible. Type sets are mostly not found with scarce or rare dates. Buy any coin in the highest condition you can afford and you will be glad you did. Don't buy low grade junk coins for a type set as it wouldn't look very nice to even non collectors.
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Pillar of the Community
United States
4469 Posts |
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Slider, I'm curious to know which of the St. Gaudens years are less common, but still affordable in your opinion? I ended up buying a nice 1914 S MS64 PCGS CAC. I had a nice MS64 1915 S that I was going to buy in the same price range, but hesitated and when I went back to buy the coin, it was sold. If you look on ebay, there are about 250 1924 for sale and only 28 1915 S in TPG holders. |
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Pillar of the Community
Canada
557 Posts |
Great, Thanks for that Slider!
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Pillar of the Community
Canada
557 Posts |
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Moderator
 United States
189502 Posts |
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Here's a few pics: Looking good!  |
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Bedrock of the Community
United States
20753 Posts |
 Many, many years ag0 I made a 20th Century type set. Put it away and never looked at it again. Just not a type set person I guess. |
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Pillar of the Community
United States
4469 Posts |
Before you buy the St. Gaudens check out the Mint State Gold website as they have a large selection of $20 gold and competitive pricing. I am not sure if they do international shipping.
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Pillar of the Community
United States
697 Posts |
While "I swim in the deep end of the pool", I fully agree with what's been said: 1. There is no right or wrong - do what provides YOU pleasure, and makes sense to YOU. 2. For me, I've chosen the same route as most of the replies. That is, my goal is to try to have each coin in as high a grade as I can comfortably afford, FOR THE MAIN PURPOSE OF SHOWING THAT TYPE AS THE DESIGNER ENVISIONED IT SHOULD LOOK (sorry for all caps). While that is my goal and that of many Type Set collectors, as noted above, there is no right or wrong. 3. Here's a perfect example - For MY set, for the Mercury dime I'd prefer to have a real nice Proof Dime from the 1940's with brilliant liquid watery lustrous mirrors and a strong strike than a 1916D key graded Good (which costs more money). Happy Hunting! 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/213996Edited by Winesteven
06/26/2021 9:11 pm
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Pillar of the Community
United States
3659 Posts |
I've been primarily a type collector for many years. At first, I was simply trying to get the highest grade I could afford of each type, which was generally the more common dates. At some point I started adding examples from different mints for each type, with a focus on keys/semi-keys, and again the highest affordable grade, as well as some proof examples. So at this point, I have much more than a type set (I call it my "expanded" type set  ), but it's a set I'll be able to continue to build on, with no worries about upgrades, for as many years as I have left and have a nice representative sampling of each type of various grades and rarities. And I'm having a great time doing it, which is the important thing! |
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Pillar of the Community
Canada
557 Posts |
Thanks for that hokiefan. How'd your team do this year? My Jets were shut down in the 2nd round hard by them Habs!
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Pillar of the Community
United States
3659 Posts |
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Thanks for that hokiefan. How'd your team do this year? My Jets were shut down in the 2nd round hard by them Habs!
wallyb, not a good season for the VT Hokies in '20; finished 5-6 which broke their string of consecutive NCAA bowl appearances that stretched back to '93. Their '21 schedule looks tough, but I'm hoping for a bit of a rebound! I don't follow hockey much except for the Stanley Cup, but I remember the Jets didn't have much luck in the 2nd round against the Canadiens! |
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Posted 06/25/2021 1:23 pm
