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Pillar of the Community
United States
4538 Posts |
For some reason I decided to start a 7070 set. I've been slowly working on this Dansco the past few months, no gold. Surprisingly, I had many of the coins in other albums. I'm on a budget. My goal is an average/decent (consistent looking) set. No high end but no AG coins either. I count 76 holes in the album. Taking into consideration the handful of cheap/face value modern clad, LMC, LWC, Jefferson/Buffalo nickel, SBA, Sacagawea dollar, etc.. I have a figure in mind. What in your opinion would you consider an "average" cost per hole to put a decent set together? Proud member of the Black Sheep Squadron!
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Pillar of the Community
United States
1817 Posts |
Excellent question. I look forward to the responses.
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Pillar of the Community
United States
3551 Posts |
Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 |
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Pillar of the Community
United States
1891 Posts |
I think before I had tallied up a decent mid-grade set being around $3000 when I was doing it. Dividing that estimated amount by 76 holes, you are looking at approx. $39.47 per hole. Of course, that number doesn't help much when you look at getting those cheap coins you mentioned for face value and then the Seated dollars for $300-400 each. Good luck on your set! Edited by Mister Kairu
04/05/2018 11:27 am
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Pillar of the Community
United States
2435 Posts |
Just to reference, I put together a budget for a 7070 in PCGS holders. Classic coins VF 30 through MS 63 grades. Modern MS/PF 67-70: average cost is $140 per coin. Gold AU 58 through MS 63: average cost $770 per coin. |
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Bedrock of the Community
10197 Posts |
The most I paid for any coin in my "expanded 7070" is $120...less than $2 apiece. Now, granted...I cheated. Spending on my disability budget $100 is a lot for me to lay out for one coin, anywhere, at anytime. My most expensive coin was the 1838 Bust reeded half...my Bust, SL, and Trade $1 are reproductions! Of course, no gold either(although do have a few copies). Most all the hard to get coins were in the $50-90 range. Now, grade wise, some are FR/AG, all are date readable with details visible, fine with me, its done, next project!
Edited by Crazyb0
04/05/2018 3:22 pm
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Moderator
United States
79443 Posts |
I have 74 of 76 holes filled. You can see it via the link in my signature. My average cost per hole so far is $29.17. After I add the two missing Seated dollars my cost per hole will range from $36.30 to $41.56. |
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Pillar of the Community
United States
758 Posts |
My completed set ranges from G to Proof with the Seated dollars being F-VF and was acquired over many years. Average cost per hole was $24.35. Seated dollars were $214 and $299 back in 2010. Estimated cost if I tried to replicate it today would be $29.84. Toughest coin to acquire with acceptable eye appeal was actually the Twenty Cent piece, for which I overpaid by about $30 for the grade after pursuing for well over a year. Based on 7070 posts over the years, It's apparent I am in the very small minority that prefers a non-consistent looking set as I just don't have the time to wait 220 years for the ASE to look similar to the Draped Bust cent. |
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Pillar of the Community
United States
3989 Posts |
I stopped counting start from the upgrades, I think each coin would cost me around $25 to a few hundreds, to a few thousands?
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Pillar of the Community
United States
4538 Posts |
Yes, my "consistent looking" comment is probably not realistic when you have a Mint State Silver Jefferson next to a circulated Capped Bust dime or a Mint State LMC next to a circulated 2 cent piece. I guess I'm just talking about overall eye appeal. jbuck's album is close to the consistency and eye appeal I'm looking for. KenKat's album is over-the-top outstanding and way out of my league and pay grade. For the most part, your feedback's have confirmed my thoughts and are in the ballpark. This is a longer term project and no rush on my part. Upgrades are always a part of the equation but not a priority at the moment. I need to establish a good baseline first. Like the rest of my collection, I'm just hoping this 7070 will eventually turn into a nice legacy set. I'm "trying" to keep this type of Capped Bust Dime, from sitting along side a Jefferson like this.... not the consistency I'm looking for and not always easy to achieve.   Proud member of the Black Sheep Squadron!
Edited by USSID18
04/06/2018 5:50 pm
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Pillar of the Community
United States
3388 Posts |
I spent somewhere around $4,000 to fill my 7070, so around $55 per coin for me. Most expensive coins were my 20 cent piece at $280 and my Seated dollar with Motto at $260. p.s that was starting in 2008 and ending in maybe 2012 or so with a few upgrades sprinkled in later Edited by KenKat
04/06/2018 8:26 pm
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Pillar of the Community
United States
4538 Posts |
nfine, chafemasterj, Mister Kairu, Slider23, Crazyb0, jbuck, OneBowl, macmercury, KenKat, Thanks to each of you for your replies and feedback. KenKat- My set wants to look like yours when it grows up!   Proud member of the Black Sheep Squadron!
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Pillar of the Community
United States
3989 Posts |
Whenever I get the chance I will have to start my own 7070 post, I'm not satisfy with some coins I have in those holes, so I hesitated and hoping to fill those holes before showing it.
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Pillar of the Community
United States
4538 Posts |
Quote:
Whenever I get the chance I will have to start my own 7070 post, I'm not satisfy with some coins I have in those holes, so I hesitated and hoping to fill those holes before showing it. For years; and I mean years (20 or 30), I just thought a Type Set 7070 was way beyond my reach. Until recently, giving it a second look. The goal and my personality has always been to complete sets/albums when possible. It has always pained me to start a set or albums, knowing in the back of my mind chances were slim that I would ever complete it. I'm thinking most of us start albums we know we have a pretty good chance of completing. Don't hesitated or be embarrassed to post your set. We all have to start somewhere. It may motivate others to start one.
Proud member of the Black Sheep Squadron!
Edited by USSID18
04/06/2018 10:45 pm
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Bedrock of the Community
United States
11933 Posts |
Not sure what I paid for each coin, so it would be hard to figure out a average price per hole. Plus I started putting the Dansco 7070 together over 30 years ago. Here is what I do know. Over 20 coins were more than $100. Of those 20 coins, three were over $1000. Six of the 20 were from $300 to $800. That leaves 11 coins were $100 to $299. I would say I still have plans to upgrade, but for now I am still recovering from spending more on a house than I had planned. As another member mentioned I would like mine to someday be in the level KenKat's 7070 is. For those that might have missed the last time I posted mine. http://goccf.com/t/242296That is a older posting, I have upgraded some of the coins since then. |
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Pillar of the Community
United States
4538 Posts |
Quote:For those that might have missed the last time I posted mine. http://goccf.com/t/242296 Brilliant looking set and pictures. I wish I had started 30 years ago. I guess I was to busy saving for a house.
Proud member of the Black Sheep Squadron!
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Current Coin Deals on eBay
Posted 04/05/2018 11:19 am
