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 Replies: 24 / Views: 3,056 |
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Bedrock of the Community
United States
14454 Posts |
there are quite a few people that can not complete a Lincoln Cent album because of the pricey ones in that set. I think as long as you like the series, there is no wrong one. Building a high grade set will take time no matter what series you pick. If you are like me once you get close to the finish line (I once had an almost complete date/mm Morgan set in MS-64 and above) your interests will change and you will start another set |
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Pillar of the Community
 United States
520 Posts |
Ya I guess I can stick out the Morgan set, I just had a very nice man on ebay offer me his grandfathers set of lincoln wheat pennies for free. He said he wanted to pass down the tradition to someone younger. It was really cool. He is going to ship them to me for free, and he said its value is well over 200$. I can't believe that to be honest, I guess doing the right thing can have its benefits. He told me its only missing about 20 pennies total. |
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Pillar of the Community
United States
958 Posts |
Some of the most exp coins in the bussiness are cents. 1943 copper cent sold for over a million dollars , 1968 , 1969 double dies have sold for 100,000k plus in high grades.Lots of other variation and double dies have sold for thousands of dollars You can get a bank box of reg ol copper coins and search for all kinds of variations and guess what its affordable and can be done for face value. Now finding the older wheat cents can be a challanger but even those can turn up in bank rolls and in reg ol pocket change. But your not gonna get morgans and Peace dollars in pocket change or just walk into a bank and get them But cents you can get as many as you want to search through |
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Pillar of the Community
United States
764 Posts |
I began my Morgan set when I was 12 and completed it when I was 22 (March 2009). It can be done.
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Pillar of the Community
United States
520 Posts |
I mean I know it can be done its just a lot of money lol.
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Valued Member
United States
268 Posts |
Casutherland, you can work toward that goal. Start of by doing a 1 year set of them pick a year and look for all the mint marks for that year. After you finsih that year you can work on another one. There is no time limit, except the one that you put on your self. That can me you major set and you can have another one that you also do. I put my Lincoln Memorial set togeather from roll searching. So far I only bought one coin a 1960 Small date P mint. Thats the one thing thats great about this hobby, its up to you decide how you collect.
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Pillar of the Community
United States
520 Posts |
Ya your right, I just am kind of impatient sometimes and just want it now lol. I feel this pressure that I have to get all these sets completed or something. I have always been this way. I guess I just need to slow things down and be patient, wait for the right price and enjoy it more.
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Pillar of the Community
United States
1150 Posts |
You know, CaSutherland, I'm like you. Impatient (edited by Mod to remove curse words, This is a family friendly forum so lets not put curse words in our responses). That's why I started looking at VAMs. I figured it would be fun because there are so many of them, and they are still silver dollars after all. I bought the VAM encyclopedia, a 16x loupe and have enjoyed learning something new. Now I go to my coin shop every few days and buy a different BU Morgan (most of 'em are in the 37.50 - 45.00 range) and spend a bunch of time studying it. I'm going to start my own little register and record special and interesting charcterstics of each one, VAM or no VAM. I can already tell, by doing this for a few days, that I will never get bored or go broke! And I like the idea that paratrooper threw out there about the memorial series. I'm gonna start that myself. |
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Pillar of the Community
United States
6326 Posts |
Quote:I would rather have a full set of uncirculated wheat Pennies than a full set of dull barely readable Morgan silver dollars that cost me over triple the price, you know? Well, THAT would cost you THOUSANDS OF DOLLARS to have a complete Wheat cent collection in Uncirculated condition ! .....  The Wheat cent -- 1914 D in Uncirculated (MS-60) would be around $1,500.00 alone ! ..  Same for the infamous 1909 S VDB..... There's actually A WHOLE BUNCH of Wheat Cents that are worth $100.00 and up in Uncirculated Condition !! So, others are right......it's all relative to any set you choose to collect......there's pricey issues to EVERY ONE OF THEM !! Just collect whatever grade you can afford, and as it gets closer to complete, you'll be happy. And you can always "upgrade" a coin or two in the future. (or your inheritors can!) |
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Pillar of the Community
United States
952 Posts |
You can do it if you rally want to....and even if you start with something else, you situation can change over time and the morgan set may not seem like much of a stretch then. I always wanted a ful set of the SLQS in unc condition but they were nowhere near reachable. Well, now they are...the 18/17-s and 1916 are gonna be tough as heck but I know I can get all of the others, so I'm just working on finishing the rest then i'll start putting the $$ away for the last two.
Edited by mdh157
12/29/2010 10:43 am
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Moderator
 United States
188560 Posts |
The Morgan dollar is on my long list of things to collect. If and when I do, I will continue my tradition of collecting the middle circulated grades. I might even just collect the date set to keep it simple. |
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Pillar of the Community
United States
1510 Posts |
I have 3 of these and they are awesome, but Id rather get my Barbers together first
Retired USAF 1983-2003
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Pillar of the Community
United States
1582 Posts |
Just had to add my Two Cents worth - first off, are you collecting because you expect your coin collection to be valuable someday? Or, are you collecting because you enjoy the hobby? A set of Morgans is doable - even on a tight budget, but you've got to stick with them, not get half way through, and decide it's too expensive a set to finish. And, too, if you set your sights too high, you may be setting yourself up for failure - especially if on a limited coin collecting budget. As was pointed out, no matter what coins you collect with an eye toward completion (be they Morgan dollars or Lincoln Cents - circulated or uncirculated) you'll run into key date coins (as well as some of the semi key dates) that are going to set you back a sizable amount, even in the lower grades. And, as was also pointed out, you alone are the sole decision maker when it comes to your collection - collect what pleases you, and what you can afford. Whatever you collect, keep the fun in it, and you'll stay with it for many years to come. |
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Pillar of the Community
United States
509 Posts |
I'm not collecting so much because I hope that someday my collection will become valuable. Although that is true to an extent, the main reason I collect Morgans is because I just think they're such gorgeous, beautiful coins.
What adds to that is the history that goes with them. Not so much the history of the individual coins but the history of the era in which they were minted. What was going on in that day and age? Whose hands might that coin have passed through one-hundred-plus years ago? Each year has a story to tell. To hold one in my hands and just enjoy that history and that beauty is reward enough for me.
The same can be said for any set of coins you choose to collect and I'm absolutely fascinated by many of the early coin sets some of the forum members have collected. Coins from the 1700's or early 1800's when our country was still an infant. I don't know if I will ever have a complete Morgan set but I certainly do enjoy each one of them as they come along.
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Pillar of the Community
United States
709 Posts |
It took me forty-one years to complete a 28 coin Morgan dollar date set in uncirculated. It averaged Mint state 63.68. Collecting is a state of mind. Are you one easily gratified? then collecting Morgan dollars and assembling sets isn't for you. However, only you can decide what is best for you. You are only competing against yourself. |
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Posted 12/28/2010 11:03 pm
