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Replies: 10 / Views: 1,468 |
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Pillar of the Community
United States
1283 Posts |
OK, so I'm ready to do some more shopping for wheat cents. The theme for my set is:
- All keys in certified holders
- All others raw XF+ and brown if they're MS.
The only exception is my 1909-VDB, which itself is in an NGC holder. So I have a nice example of the 1909-SVDB and VDB, both certified.
I'm still missing the 1909-S and the 1909-P. I'm considering picking up nicer, certified examples of those as well. That way I'll have a really nice, complete set for the 200 year anniversary of Honest Abe.
The down side is for the same cost I can fill a lot of holes, and frankly, I'll be happy to finally get this project done!
Do you think the 09 complete set will be a big thing? Should I just pick up XF raw examples so I can also work on the other holes?
I know it's my choice, but I'm kind of 50/50 on it and I'd like some opinions. Thanks!
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Pillar of the Community
United States
1083 Posts |
Army, I think getting the keys in reputable holders makes a lot of sense. Just too many counterfeiters out there when a coin is worth big bucks. My personal preference would be to go for the others in raw XF. You know how to grade Lincolns, and the only advantage in a holder for the keys is to verify authenticity, usually not a problem with the semi-keys and other dates. I don't think the 1909 date varieties will be especially desirable as a set by themselves. I would work on completing all the holes in the album. Let me know if you have any duplicate S-VDB, 14-D, or 22 NO D that are circulated and raw that you might want to sell. I lack only those three and I am just stuck in neutral now buying MS examples of more common dates to upgrade the appearance of my Dansco
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Bedrock of the Community
United States
20753 Posts |
My advise is a little biased since I am not a plastic collector. What I mean is even when I acquire a coin in a slab, I break it out for my Albums. All my coins are in Albums regardless of what the coin is, it's grade, etc. On the inside of each Album is a sheet of paper with any tabs from slabs if a coin came out of one. For example in my Lincoln Set #1 Album there are about 20 of those little tabs from slabs. My suggestion is to first work on a completed set of anything, if possible, and in any grade you can afford. Then start a second set. As you find coins of a higher grade than in set #1, move the one from #1 to #2 and put the higher graded one in set #1. I've been doing this for over 60 years and each set has slowly been improved that way. Now with over 100 Whitman Classic Albums, many of set #1's are almost all MS. For example a recent addtion of a 1922 Plain Lincoln Cent in a low MS grade has now made set #1 an MS set. Now contimplating starting set #11. If your young, you have plenty of time to do this. If your as old as me, to late.
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Moderator
 United States
187702 Posts |
I'm with just carl on this one as far as using albums. There is just something about having an easy way to view a collection. But to each their own, seriously, because ultimately you have to find what gives you most satisfaction.
As for his multi-level multi-album upgrading procedure, I might have to take his advice on that as well, if I can ever finish the first ones!
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Pillar of the Community
United States
7123 Posts |
I use a very similar approach as Carl ! always upgrading set number 1 !
when I go looking for coins the coins which I need for set one are the ones on my list.
But that don't keep me from upgrading set number two and moving those coins that I upgrade to set three .
Never pass up a deal when you find it !
Metalman
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Moderator
 United States
187702 Posts |
Never pass up a deal when you find it !
Wiser words have seldom been said! There are plenty of opportunities I wish I never second guessed. If I have learned one thing it is to know as much as you can about the coin you want to buy so a good deal does not slip by!
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Pillar of the Community
United States
2764 Posts |
Well said, jbuck and Metalman!!
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Bedrock of the Community
United States
20753 Posts |
Another thing to ponder there USArmy. Note the vast amount of new coin collectors appearing on the sceen lately. Most likely due to the State Quarters, baby sized dollars, tons of commemoratives, etc. With the USA at a population of 300,000,000+, remember the chances of you filling all the slots in any Album is deminishing daily. Imagine if you have a coin that had only a few million minted and 10 million want that one, your chances are almost slim of aquiring one. And today many of the new collectors are young and don't want to resell any coins. They may but not for 20, 30 or more years. Again, you chances of filling all the slots in an album are vanishing fast. So again, I suggest you and anyone just concentrate on any coin for now. Improve later if there is a later.
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Valued Member
United States
314 Posts |
Just carl, Your correct about coins going away and sets geting harder to complete. I am trying build an complete collection of every coin book from pennys to dollar coins. From 1857 thru 2007 on books. Its nightmare all right trying find so much stuff to build my dream collection. I even roll search bank rolls to try save money sometimes. I did an lot roll searching this year. Its so hard find anything. Results on roll searching to try get coins I need for sets. 1. 500 to 700 dollars worth pennies. 1920s, 1921s, 1919d, 1890, 1907 cent. Maybe less than 100 common date 1940 Thur 1958 Wheat penny's. 2. 1000 dollars worth nickels . 2 no date Buffalo nickels, 3 wartime silver , 1 1938 nickel. Just common date pre 1961 stuff. No good stuff like 1950d, 1951s, 1942d, 1938s or 39s, 39d. Very few s nickels. Tons 64 d nickels found. 3. Dimes I searched maybe 500 dollars. Only two silver dimes found. 1954s, 1964 d silver dime. I thinking I would need to go Thur maybe 10000 dollars worth dimes just complete the 1946 Thur 1964 dime book at that rate. 4. quarters. I went Thur maybe 1000 dollars worth. No pre 64 silver found. 5. Half's. I did good at that after going Thur 1500 dollars. 3 proofs, 99, 71 junk, 90 toned, 6 pre 63 Ben's, 6 64 halves, 10 65 Thur 69 halfs. Tons Au/bu 1971 Thur 1979 halves. Lots 1976 stuff. 6. Ike dollars 38 total bu 1976 Ike's after searching for them for months at banks. They are gone big time from banks. Other than that I never found anymore. On stuff I bought on ebay in lots to complete sets. Tons lots on ebay are just junk or common dates. Its seems all semi keys or all key dates are gone already. I just bought 7 rolls of pre 38 nickels . Very few had mint marks or were all 1930 and up common stuff. Your correct in 2007 its very hard or tough to build any set out there. Overpriced dealers out there also to look out for or culls out there in semi or keys on all coins it seems. Chevrolet454ss
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Pillar of the Community
United States
1934 Posts |
Para, I dont know how big of a deal the 09 centennial will be all around. After reading some numismatist news, for some it'll be a big deal; for others, (as expressed here), not. For me, as a kinda/sorta-knowledgable inspector and amasser (rather than true 'collector') of coins, I would consider the centennial of above average interest and desirability -- primarily during the centennial year and then a little less or differently so after 2009. After seeing a light bulb sell on ebay for $50, there's no telling (or accounting for) what is trashed or treasured. I have six 1909's. If you decide to fill the hole now and upgrade later, let me know. Jim
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Pillar of the Community
United States
1934 Posts |
p.s. it'll be the bicentennial for Lincoln's birth and the centennial for the coin.
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Replies: 10 / Views: 1,468 |
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