Starting A US Type Set

Welcome to the forum!

I use the 7070. I haven't seen the Intercept Shield album but have heard positive things about them as well.

I view the 7070 as a 19th and 20th Century Type Set, so the newer coins aren't in there because they represent 21st century coinage.

I wouldn't mind having them there but it's not a reason to switch in my opinion. I do agree with B.Wagner that you will always be adding coins to the Intercept and it is nice to have a completed album.

Since you are starting from scratch, it's probably just personal preference.

I started with the lower cost coins for my 7070. I think you learn as you buy and are less likely to make a mistake on an expensive coin with the experience gained.

Good luck whatever you decide - type sets are "da bomb"!

Ken

I also decided on using the 7070 so I have clear goals on what I need

I hope I can add some ideas for you to ponder. I started a 7070 set back in the 80's. I dropped out of active buying in the 90's. Except for ordering from the mint most every year. This past year I bought a Intercept Shield Mercury dime album I only kept it about a week and gave it away. For me I just don't like how the coins looked on the green pages. I do like the fact that they offer slots for the more modern coins in their type sets. I do think that Dansco will eventually come up with another page. They already have the Sacagawea dollar that started in 2000, so I think they are all ready in the 21 century. I would like to be able to put all the new dollars and the coming state park quarters. Also the 2004 and 2005 nickels, the 2009 and 2010 cents.
What really got me back into the 7070 again was setting some rules, some direction to where I wanted to go with it. There are some good people on this forum that are putting some fantastic 7070 sets together. All with very high grade coins. I can not bring myself to say sell a CD or stock to buy some of those higher priced coins. So my rules .. for myself.
Get a good buy on every coin, meaning try to get it for as close to what you could sell it for.
I am trying to stay in the under $100 dollar range for a lot of the mid range coins in the set, like the Seated coins. I know I will have to spend more for the harder coins.
What has helped the most is, I have tried to buy coins with dates that matter to me. Like the year my wife and myself was born or 100 years before we were born. Also years my mother, father and grandparents were born. I have really gotten one daughter more interested in coins when I show her the coins like 1932 S quarter when my father was born or 1908 Barber dime for my grandmothers year. Some of the slots do not have years of any births so I put like 1996 W dime (key for clad dimes) also 1970 D half for the clad half, 70 is a silver clad .. but still clad, also a 1950 D for the nickel. I think having rules like this to give you some direction that will help motivate you to build a set you will be happy with. You will always be able to upgrade or change your rules.. but try to buy the best coin you can for your budget. Just my opinion, I hope it gives you something to think about.

I too will soon be starting a Type Set and was either going with a 7070 or an all slabbed type set, I am still undecided but am leaning towards the 7070 as I like the way the completed set looks, I wish I could find a way to nicely display the slabs in a binder or something, but that is why I am leaning towards the 7070. Its an overall nice display set up.

I've always wondered why at coin shows there never is a type set for sale. From what I've been told, it really doesn't pay to even try to sell one. Most dealers take all the coins out, place them in flips, throw away the Albums. Sort of makes me not want to start one.
Of course that is somewhat like saying why buy a new car, it will only get old sooner or later.

I see there is another post from 11/9/09 addressing my question. Thanks for the assistance everyone. I am sure I will be checking back soon for some assistance.

When I first considered starting a type set I had the idea of buying the highest grade I could afford for a given type. I figured that the idea of the type set is to be able to see the design as it was minted. Save any key/semi-key dates for a set of that type.

Bryan, I must say you have quite the impressive set. Not having problem free coins is probably my biggest sticking point right now. I don't see that I will be able to afford AU and up grades to complete this album, so maybe jumping down to the VF-XF range for 19th century and higher for 20th century. This may be more realistic for me.

I was considering adding proofs for more of the modern types. Bryan, the proofs in your album look good since they are with other coins of high grade. Would it be a good idea to consider proofs, or go with higher grade P or D releases? Just a few thoughts...