Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

The Joys And Pains Of The Type Set

To participate in the forum you must log in or register.
Author Previous TopicReplies: 26 / Views: 2,910Next Topic
Page: of 2
Valued Member
sirdizzy's Avatar
United States
461 Posts
 Posted 09/12/2012  2:16 pm Show Profile   Bookmark this topic Add sirdizzy to your friends list Get a Link to this Message Number of Subscribers
It has to be one of the most deceptive sets ever. Hey if you do other sets most of them might have one or two rarities but the type set lures you in with how easy it is to start and how difficult it is to finish,

I am for the third time trying to complete a Dansco 7070 type set and I have never got above 60 coins of the 76 in it. It really does lure you in with how easy it is to start. A silver Roosevelt dime no problem, a War Nickel no problem, modern coinage heck you could just check your pocket change. But once you get past the half way point (just hit the half way point again 38 of the 76 in the set now) it starts to increase in difficulty. Then as you get further and further along it smacks you down.

I am also doing a set called coins of the 20th century for my little boy, man that is an easy set to do the most expensive thing in there is the Morgan and Peace dollars unless of course you wanted to go crazy on the barber half or other barbers in an amazing grade. I almost filled the set just from some of the upgrades I had already made. I figured as I upgraded coins I could add them to his set as a nice starter type set that would be fun for a kid.

Oh well the Type set is my favorite set ever and someday I will have a complete set (insert hysterical laughter). Up next one more Commemorative half, a Commemorative Dollar, a Silver Eagle, and a Type 1 Buffalo nickel. Then I think I might start on some Half Dimes, or a Half Cent or a Shield nickel or some of the Liberty Seated coins.

How have you found the type set has it lured you in?
Pillar of the Community
Moe145's Avatar
United States
8904 Posts
 Posted 09/12/2012  2:34 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Oh yes! I'm trapped!


Pillar of the Community
Coinstar's Avatar
United States
1510 Posts
 Posted 09/12/2012  2:52 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
type set was easy to do--7070 I am on my 1st still
Retired USAF 1983-2003
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 09/12/2012  3:02 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Still working on my 7070. I have 19 of the holes filled (20 whenever I get a package I have been waiting on) and am trying to get it in XF or higher for everything in the best dates possible. I expect this will take me years to complete.
Pillar of the Community
Gyrene7483's Avatar
United States
1704 Posts
 Posted 09/12/2012  3:02 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
I find completing a type set much more rewarding than a set of any particular series of the 20th century. Some of the 19th century issues are a bit pricier for the 7070 album but with a little determination one can save enough to buy those and when they are acquired there is a sense of accomplishment that a person will experience that can't be beat. Good luck with your 7070 album and happy hunting.

Ed
ANA LM-3175
Pillar of the Community
philadelphian's Avatar
United States
3253 Posts
 Posted 09/12/2012  3:40 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
One of the things I learned about myself as I grew into adulthood, was that I get a lot more satisfaction from going into great detail in an insanely narrow field, than spreading myself thinly over the broadest area. What's cooler, finishing a 7070, or being the world's most accomplished collector of 2-cent pieces?
Pillar of the Community
barryg's Avatar
United States
5847 Posts
 Posted 09/12/2012  4:01 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Wait -- what happened to the first two sets you started working on?
Valued Member
kylecolb's Avatar
United States
438 Posts
 Posted 09/12/2012  4:27 pm  Show Profile   Bookmark this reply Add kylecolb to your friends list Get a Link to this Reply
I think the first 58 coins have been easy. Now I'm hitting the harder find deeper pocket coins :p
Valued Member
sirdizzy's Avatar
United States
461 Posts
 Posted 09/12/2012  8:09 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
philadelphian I like variety and being able to see multiple beautiful coins instead of just a single series. Sure a gorgeous 2 cent collection would be something to behold but to me a gorgeous type set would be a lot more amazing to see to me. The thing about doing such a limited set like a 2 cent piece is that every single coin you buy is going to run you over a $100 and you would rarely be buying anything, especially the higher the grade and the further into the set you go where every piece at some point might be over $500. I can afford to do such an expensive set and it wouldn't hold the joy of completing a type set will for me. And you can spend just as much on a type set if you wanted to do it in all MS grade or even AU. Heck doing AU grade on capped bust series coins or liberty Seated dollars would be very expensive and then even on cheaper stuff like a clad Roosevelt dime you could try and get MS69 or MS70 coins. I mean you are only limiting yourself on the type set if you want to. If you buy a F or and G coin when you clearly could be buying an XF or an AU coin that is in your budget sure then you are limiting yourself. But if all you can afford is that G or AG coin then you are doing the best you can do and the type set allows you to do that.

Ten years ago I had to sell my collection while in college to pay bills. At the time I had a fairly nice type set (much nicer then I do now) and a MS62 or Higher Complete Franklin half set and a fairly complete MS62 or Higher Roosevelt dime set. Of those three sets I sold the one that I lament the most is the Type set (I miss my gorgeous MS62 Type 1 Standing Liberty quarter the most out of that set). The Franklin set while gorgeous and one of the nicer sets you can find just doesn't bring me the pangs of regret my type set does (heck I had even started doing the gold page).

Barry the first two sets were sold during different financial crisis' in my life. The first one the nicest one was sold during college to pay bills and buy books. The second set was mostly sold during a stint of unemployment several years ago (I still have a lot of the more common items from that set like Roosevelt dimes, and Silver Washington quarters, you know the easy stuff to obtain). In fact its funny I was looking at what I spent then and what I spent now to reassemble the set and WOW silver prices make a big difference. Like I spent $1 on my Silver Roosevelt dime, $6 on my Silver Kennedy and just $3 on a Standing Liberty quarter fill in (my favorite coin of all time so I only use a cheap filler until I can put something gorgeous in there for it, I will be putting a MS grade coin in there for both Type 1 and 2). So far the set has cost me about $400 to get to the half way point and only $80 of that was spent before my last purge (I am sure that $80 would be like $125-150 at today's rates). I looked at the price of some of the things I sold and yea that has skyrocketed my MS grade Morgan was $28 that has cost me $50 to replace my MS grade Peace dollar was $20 that cost me $35 to replace where as stuff like the Washington Commemorative half and the Ellis Island Commemorative half cost me the same then as it did now.

nod I would like to eventually make my set XF or higher in grades and then yea make it nicer rarer dates or mint marks too. But I really don't mind getting say a 1922 MS63 Peace dollar for $35 one of my more recent purchases and then later on if I want to upgrade heck I will likely be able to get $30 trade in value on a nicer Peace dollar so if I got for say a $100 Peace dollar I already have $30 of it right there. Also I don't mind fillers like I bought a $4 Barber dime and a $10 Barber quarter because when I do upgrade those coins I am going to put them in my little boys type starter type set. But say I pay a $100 for a coin and then want to upgrade it to a $200 coin I at least have $80 wholesale on the one coin I can use to help upgrade with or just keep it the choices are endless.
Pillar of the Community
KenKat's Avatar
United States
4085 Posts
 Posted 09/12/2012  8:15 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
There's a few coins in that 7070 that really can strain the budget. And then of course quite a few slots you can fill for $10, $25 or $50.

I saved some money by putting G-VG coins in the Draped Bust and Capped Bust Large Cent slots. These are $50 or less in these grades and get up in the $500-1000 range as you get to XF or AU grades. Too much for me.

Other coins that are tough and expensive in nicer grades are the 20 Cent Piece, the Reeded Edge Bust Half, and the two Seated dollars. I thought I did good by keeping under $300 each for these, but still I have close to $1k in just those 4. That's a stretch for me but glad I did it now that the album is complete.

Then there's the gold page which is way out of my budget.

Keep working at it and save up for the expensive coins and eventually it can be completed!
Valued Member
United States
306 Posts
 Posted 09/12/2012  8:24 pm  Show Profile   Bookmark this reply Add VetStudent to your friends list Get a Link to this Reply
just started the long haul of a 7070 last month and have only got a few easy ones put in so far. I'm doing many of my coins based on birth years, which actually works out nicely to fill much of the album. My years are 1835 (g. g. grandfather), 1885 (g. grandfather, *key year across the board!), 1913 (grandfather), 1953 (father), 1986 (me), 2011(my baby boy). Given that I am pursuing AU to UNC condition I am approaching the completion of this set with no time constraint as I have plenty of time to make the money to buy the coins in a condition that appeal to me.


. That gold page is going to be an expensive one!
Valued Member
sirdizzy's Avatar
United States
461 Posts
 Posted 09/12/2012  8:54 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
Vetstudent I thought about that as I was going through the set that it might be fun to have birth years for the modern coins like my birth year 1976 but then they already do a lot of that year as it was the bicentenial so maybe my wives birth year instead. Never thought about maybe doing my dads or moms or grandparents birth years what a fun idea.

Oh and when I was doing the gold page 10 years or more ago a Saint Gaudens was $300, I spent $175 on my Type 1 Standing Liberty quarter that was an MS63 that coin would cost well over $300 nowdays. I had several dollar, 2.50 and 5 dollar gold pieces and was looking at purchasing my first Saint Gaudens when I ended up having to sell.
Valued Member
Left's Avatar
United States
240 Posts
 Posted 09/12/2012  9:39 pm  Show Profile   Bookmark this reply Add Left to your friends list Get a Link to this Reply
Still waiting to buy a 7070, cant wait for the new ones to be released!
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 09/12/2012  10:38 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
IMO - The 7070 is quite a set. To me, when I started the set, there were to many holes to fill. But after I completed them I was wishing there were more holes.

I also think there are many levels of collectors, some are just comfortable buying low grade for those harder type coins and some collectors have a much bigger budget and it is more finding the right coin and not the price.

When I finished my set it was a little bit of a let down, many of the coins were pretty low grade and I was not in love with it as much as I should have been.

The past couple years I am seeing a lot more "better quality" coins coming into the places I shop (for coins).
So I decided it was time to start the upgrade process.
I keep an eye out for better grade type coins and try to be ready with funds when any coins I need comes available. I make a short list of the the coins in my set, that I find the least attractive and search ebay and coin shows for those coins. This process has helped me make my set more of one, I am proud to own. Of course starting the gold page last December has helped make it a better set.

For the gold I have 6 of the 10 coins. I still need a $10 Indian, $5 Indian and the two $1.00 coins. I have a 25th anniversary ASE set and a 5oz Grand Canyon for sale, that should help pay for the $10 Indian .. the other three holes should fill quicker after that.

I am not sure what I will do when the new 7070 comes out, I guess it will depend on how much the album changes, for me to decide if I want to start a new set. I can see me just changing a couple pages, over getting the whole album. Or maybe just purchase the new album and have two sets.
Valued Member
sirdizzy's Avatar
United States
461 Posts
 Posted 09/12/2012  11:32 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
I am wondering what is going to be in the new 7070, anyone have any ideas? I was thinking if the new 7070 was cool I might turn my current 7070 into my little boys and switch over to the new one.

gr58 here's and idea to make the type set a little bigger they make a blank commemorative page with 16 holes in it (that would cover the entire modern commemoratives as there is exactly 16 or you could do a pretty nice early commemorative set on that page too). I plan on doing that as I have fallen a little in love with the commemoratives the more I went looking for just the 4 holes to fill and decided I also want to do a commemorative set.

I like upgrading sometimes it nice to take out that vf piece you bought and put in a nice AU or MS grade piece so much fun.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 09/13/2012  01:10 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
a blank commemorative page with 16 holes in it (that would cover the entire modern commemorative's as there is exactly 16


Interesting Idea, I am guessing you mean modern commemorative "half dollars"

That might be pretty cool

I worry about what they might put into the new 7070.
Some coins I would want .. some I am not sure.

I would like to see the early large size quarter added.

For moderns, I would like to see four modern commemorative dollar holes to match the four half dollars holes. Adding the four Westward journey nickels I would like also. And maybe more slots for State/Territory/Parks quarters.

Can see them adding holes for commemorative gold and maybe something for Gold and platinum Eagles.

Dansco should add some holes for matte proof Kennedy half and Jefferson nickel. There is no current album that requires them .. I think if they made the top 100 modern coin list, then there should be a spot for them in a album.

I am betting there will be collectors that will like the changes .. and some that will not.
  Previous TopicReplies: 26 / Views: 2,910Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.47 seconds to rattle this change. Forums