7070 Type Set Strategies

I like tmor's idea, I have been replacing the common modern coins with key and semi-key date coins. I'm trying to get those in MS-65. I am not sure I want to place any coin graded higher that MS-65 in an album. I can see the acrylic plastic turning my MS-67 coin to MS-65 (sliding accross the coin with rubbing compound (dirt/dust))

What really surprizes me is I have never seen a Dansco 7070 Album yet. Over the years I've been in many, many coin stores, hobby shops that sell coins, 2 to 4 coin shows a month and so far never seen that Album. Now at coin shows many times dealers will have a complete or close to complete set of coins, but never yet a Dansco 7070. This makes me wonder if such sets remain in families more so than normal Albums, families keep them as a family tradition, just like them and keep them as a momento of a lost relative. Or is it the dealers take all coins out, place in 2x2's, dump the Album in the garbage.

it may be because its not just a album that has one type in it where all they see is the same type of coin over and over with just another date or mint mark on it and they think its special because it has all the different looking coins in it so they decide to keep them instead of selling them. The dealer can probably get more for the coins one at a time than they could selling the whole set so I could see them busting up a 7070 to sell them individually

It's good to come up with a plan and stick with it...if you don't you could end up like me scratching my head wondering if I'll ever be satisfied! I have ended up with two 7070s and a Whitman United States Type Set #9138 book.

I started with working on a VF or better 7070 which has been converted to an AU or better book which I have 34/78 holes filled at a cost of $3500 so far.

Then I decided to start another 7070 "as my coins I want to keep forever and never upgrade (at least I don't plan on)" is a MS/PR 7070 which includes 9 gold. I have 20/86 holes filled at a whopping $7000 spent so far. This is going to be my legacy book...an heirloom to be passed down for generations to come...at least that's my plan and hope.

Lastly, I have the Whitman's United States Type Set #9138. It's a really nice book but doesn't have as many varieties as the 7070 and I am putting mostly VF or better coins in it mostly spawned from my upgrades from my 7070. Presently it has 37/43 holes filled at a tune of $1800 without the 20 cent, Bust 1/2 Dime, Bust Quarter, SL 1/2 Dollar, Bust Dollar, and SL Dollar. So I still have some spending on that to do on some high $ coins! I plan on selling the #9138 to fund my MS/PR 7070 in the near future upon completion.

Therefore I highly recommend sticking with a game plan. If I had to do over I would have picked the MAX grade based upon cost and stuck with key dates and saved up and only bought those coins rather than originally setting out just to fill the book.

Why not have something you can be proud of and share for years to come? In the past, I have paid good money for coins that I KNEW I wasn't going to be happy with just to fill a hole... now I wish I had applied those funds to something I would have been completely satisfied with. Most importantly have fun!

I'm working on 2 7070s at the same time. One is my AU/MS (best that I can afford set) and the second is a holed/love token set. I must admit, the holed set is much more fun ...lol.

The first time I did a 7070, I filled all the holes I could with the less expensive coins first, and I didn't pay a lot of attention to the "quality" or appearance. I filled it, including the gold page, was not satisfied with the end result, so I sold it to a dealer for about $6,000. I picked up a brand new 7070 and decided to fill it with coins that have, in my opinion, "eye appeal". I'm looking at VF to EF for pre-1900 coins, and AU to MS for the post-1900 examples. So far I only have 23 coins in it, and that has taken nearly two years. I'm a lot happier with the way this attempt is looking