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 Replies: 19 / Views: 3,602 |
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Pillar of the Community
United States
1179 Posts |
That set will be BU, but nothing spectacular. There will be spots, hits etc....to find the real gems you really need to take the time. Some gems can be found roll searching, others at shows.
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Pillar of the Community
United States
1283 Posts |
One major concern of mine is that I'm doubtful about the quality of the coins. It takes quite a bit of time to sort though "BU" Memorials to find exaples without spots, smudges or other blemishes. EDIT: Ceaton, I didn't even see you had posted the exact same things. As they say, " great minds...."  Edited by USArmyParatrooper
02/14/2010 11:11 am
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Pillar of the Community
United States
2271 Posts |
If you're in a hurry you could buy the mint sets but these are will add up to several hundred dollars and some mint set coins tend to be bad as well. Indeed 100% of '68-P cents in the mint sets have carbon spots and 95% are ugly.
There is one way but I hesitate to mention it. There are companies that assemble nice choice sets from rolls and mint sets. They charge a lot for this service and I wouldn't garauntee their work. Figure about $150 for such a set. There won't be many gems and a few of the coins will need upgrading but the coins will generally be a nice attractive choice unc.
What a collector really needs for this set is a little time.
There is one other way. If you have any big coin shows around you can be pretty sure to be able to put together a set here. Lots of dealers now days will keep a book full of memorials for 50c or a dollar. You could probably put together a fairly nice choice set for under $75 and should get a few gems. Don't be too picky on the tough dates at first since you might not find a better one.
Time don't fly, it bounds and leaps.
Edited by cladking
02/14/2010 12:50 pm
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Pillar of the Community
United States
1179 Posts |
I tend to buy bank wrapped rolls and search through them for gems with no hits/spots on them. That would get expensive though going back into the 80's etc. But for the newer, it works great.
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Bedrock of the Community
United States
19955 Posts |
You should find one that has all of the 1982 types. It's worth paying a few extra bucks.
As everyone else said, there's nothing wrong with buying a set like this. Unfortunately, you will find most of the coins to be MS-63 and lower. Putting together a high-quality set of Memorials is more difficult than folks imagine. I've worked my butt off on my set and it's far from done. If you buy one of those, consider it just the beginning if you're serious.
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Valued Member
 United States
55 Posts |
Thanks for all the opinions. I never really got into the Lincoln Memorials but thought I might start a set up. I wanted to get a good jump on it, but looks like I will do it slow and steady to make a quality set.
Of course, my main focus will be on my 7070 that I'm about to start. I still need to buy the album, but I have some coins to start it.
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Valued Member
United States
55 Posts |
You'll be missing the small dates (60, 60-D, 70-S). While the 60's aren't too expensive, expect to pay more than the whole set for the 70-S.
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Pillar of the Community
United States
1882 Posts |
Quote:
I've worked my butt off on my set and it's far from done. If you buy one of those, consider it just the beginning if you're serious. No joke...I haven't put in nearly the work you have, but it has been some effort. Searched a few boxes of cents, and spent plenty of time looking through dealers' inventory, and have had to make some compromises to fill holes with BU coins. Upgrading those will take some time. It certainly is not searching a $25 box (or even 3 or 4) to build a good set. |
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Pillar of the Community
United States
4869 Posts |
I bought a similar set and I was very pleased with the quality of coins I received.
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Pillar of the Community
United States
4085 Posts |
I think it all comes down to your goals for the set. Do you want a true, high grade set or do you want something to work on in conjunction with your 7070? I built my Lincoln Memorial set from rolls and upgraded selectively, and I purchased a 1909-1940 and 1941-58 set on ebay and continue to upgrade as bargains, etc., come along. I wanted to get a jump start on a set and buying a set did the trick for me. I don't think this is a bad strategy if you are looking to put together an attractive set. You've got to look closely at each coin to see the differences between MS-63 and MS-65. They are there, but MS-63 coins look pretty nice too. Just my opinion at least - but then I am a part time Lincoln collector who puts most of my money into my 7070. Best regards, Ken |
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Pillar of the Community
United States
2271 Posts |
Quote: I think it all comes down to your goals for the set. Do you want a true, high grade set or do you want something to work on in conjunction with your 7070? I built my Lincoln Memorial set from rolls and upgraded selectively, and I purchased a 1909-1940 and 1941-58 set on ebay and continue to upgrade as bargains, etc., come along. I wanted to get a jump start on a set and buying a set did the trick for me. I don't think this is a bad strategy if you are looking to put together an attractive set. You've got to look closely at each coin to see the differences between MS-63 and MS-65. They are there, but MS-63 coins look pretty nice too. Just my opinion at least - but then I am a part time Lincoln collector who puts most of my money into my 7070. I agree that you don't need to spend much money to have a nice attractive set of memorials. Thyese just make nice attractive sets and none of the dates commands a large premium in MS-63. It does seem most people will need a lot of work or time to make such a set since so many of the coins are unattractive in any given roll or mint set. Personally I think the sweet point in collecting these is where your net expenditure is a couple hundred dollars. For me this is the best trade off between difficulty in completion and cost; the best tradeoff between the fun of completion and the work of doiing it. The gems are great for some people who have the money or time and a $26 set is great for others. A set from circulation can be very rewarding and will have some very beautiful coins in it. I've always said there's no wrong way to collect if you're having fun. Personally I do have a very high grade set and a PL set. I also would like to have a roll set of gems but I'm far short of this goal. Time don't fly, it bounds and leaps.
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Valued Member
United States
258 Posts |
Most folks who look at pennies in "brilliant uncirculated" condition are only looking at the fact that the coins are "pretty pennies" and do not take into consideration nicks, scratches and strength of strike. As others have mentioned most modern pennies can be gotten in ms63 from bank rolls over time without much effort. What is hard is finding them in grades ms65 or better this way. I am not saying it cannot be done but it is TOUGH.
This listing makes getting a set easy assuming the stuff from the 1960's and 1970's and 1980's truly is bu. The price seems very fair to me as that is a bunch of coins. Sincerely, John Leckrone
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Bedrock of the Community
United States
19955 Posts |
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Personally I do have a very high grade set and a PL set. I also would like to have a roll set of gems but I'm far short of this goal.
Let me tell you....I have a bazillion hours into my Memorial roll set. I have 1982 and up, but continue to upgrade each roll as I find better and better examples. Most of my rolls are MS-64 at minimum, many are MS-65+....but it's a helluv a lot of work! |
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Bedrock of the Community
United States
19955 Posts |
Quote:
Most folks who look at pennies in "brilliant uncirculated" condition are only looking at the fact that the coins are "pretty pennies" and do not take into consideration nicks, scratches and strength of strike. As others have mentioned most modern pennies can be gotten in ms63 from bank rolls over time without much effort. What is hard is finding them in grades ms65 or better this way. I am not saying it cannot be done but it is TOUGH.
This listing makes getting a set easy assuming the stuff from the 1960's and 1970's and 1980's truly is bu. The price seems very fair to me as that is a bunch of coins. Sincerely, John Leckrone
I couldn't have said it better myself!  Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
6326 Posts |
Isn't it nice when a non-collector looks at your album and says..... "A bunch of Pennies in a book ? Why bother with Pennies ?" .....  |
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Replies: 19 / Views: 3,602 |
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Posted 02/14/2010 11:06 am
