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Accumulating A Type Set?

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boguilliams's Avatar
United States
29 Posts
 Posted 05/15/2013  3:43 pm Show Profile   Bookmark this topic Add boguilliams to your friends list Get a Link to this Message Number of Subscribers

I finally sat down and worked up a 'wish list', which will be mostly an inclusive 'type set' in decent grades, I can afford.

Obviously the older coins in decent grades I will be looking for are more costly, and the newer coins in MS grades are less expensive.

To all you long-time collectors: Assuming it takes me 15-20 years to finish this type set, at which end of the dates should I start? Pick-up a bunch of newer coins quick, or save up and buy the more expensive coins now?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/15/2013  3:54 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The "better" ones are the most likely to gain value over the long term. Get them out of the way first. It's not easy from a psychological standpoint, but it will save you money in the long run.
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basebal21's Avatar
13014 Posts
 Posted 05/15/2013  4:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I agree with dave, but I would add the things that you can pick up now for basically face value like the new penny and nickel ect go ahead and get those moderns out of the way. Unless your doing a graded set most of the moderns can be had for a few dollars each at most. For the older coins definitely start with the better ones and any key dates you will get, the common things will likely always be pretty common
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Scropper's Avatar
United States
702 Posts
 Posted 05/16/2013  2:47 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
What they said, in fact if you can, get key dates for your type set for all years - at least, if you're interested in investment for yourself. Otherwise, just get the coins with the best eye appeal you can.

I'd say the trick is, have your list handy and get what's in front of you that you like. Moderns will be cheaper and easier, classics will be tougher and more expensive. But don't stress over it too much. If you like one over the other, just get the one you like the most and don't look back.

There will ALWAYS be a better deal around the corner. : )
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