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Dansco 7070 Type Set Average Cost Per Hole

 
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 Posted 04/05/2018  10:59 am Show Profile   Bookmark this topic Add USSID18 to your friends list Get a Link to this Message
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?
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 Posted 04/05/2018  11:04 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
Excellent question. I look forward to the responses.
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 Posted 04/05/2018  11:19 am  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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 Posted 04/05/2018  11:25 am  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
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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 Posted 04/05/2018  12:01 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
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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 Posted 04/05/2018  3:20 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
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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 Posted 04/05/2018  3:50 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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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 Posted 04/05/2018  6:07 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
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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 Posted 04/05/2018  6:23 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I stopped counting start from the upgrades, I think each coin would cost me around $25 to a few hundreds, to a few thousands?

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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 Posted 04/06/2018  5:45 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
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.



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Edited by USSID18
04/06/2018 5:50 pm
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 Posted 04/06/2018  8:18 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
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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 Posted 04/06/2018  9:08 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
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!
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 Posted 04/06/2018  9:16 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
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.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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 Posted 04/06/2018  10:37 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

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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 Posted 04/07/2018  12:02 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
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/242296

That is a older posting, I have upgraded some of the coins
since then.
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 Posted 04/07/2018  12:50 am  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

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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