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What Is A "Type Coin"?

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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 12/30/2007  2:09 pm Show Profile   Bookmark this topic Add USArmyParatrooper to your friends list Get a Link to this Message Number of Subscribers
Most price guides will have a "type coin" section. There they will list coin "types", like Buffalo nickels for example, and the price in various grades. Is it just the cheapest coin for each type?
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InfiniteInterest's Avatar
United States
673 Posts
 Posted 12/30/2007  2:47 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
I believe it is an average price for the most common dates for each series. I've always found that "type coin" guide a bit confusing myself since there are prices for each individual date there too..I guess for ease of reference.
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BRUCE 1947's Avatar
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834 Posts
 Posted 12/30/2007  2:55 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
A type coin would be any coin in a series of coins that stands out lets say for the us quarter a type would be the standing liberty. For the nickel lets say the buffalo the cent the flying eagle and so on hope this helps.

THE OTHER BRUCE.
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Bilbo's Avatar
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812 Posts
 Posted 12/30/2007  7:28 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
In theory, the prices listed in a "Type Coin" chart are the values for the least expensive coin in the series. If the collector is building a type set, that is what he can expect to pay for a common date.

For Buffalo nickels, there are many dates that would qualify as the most common / least expensive dates. For Twenty Cent Pieces, the price in the Type Coin chart will be the price of the 1875-S.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 12/31/2007  06:03 am  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
Thanks, Bilbo. That what it appeared to be, but I wasn't sure.

It seems like a waste because you're going to have to reference the individual coins anyway to decipher which coin is the cheaper, common date.

Maybe I'll do a type set next. It seems like a lot of fun because each purchase is a vastly different coin.

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