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 Replies: 17 / Views: 3,411 |
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Pillar of the Community
United States
757 Posts |
I had a bunch of old Whitman dime folders laying around so I decided to buy a nicer dansco to house them in. When I was putting them in I realized the original dimes were not as nice as I had thought they were years ago when I crammed them into that hard blue cardboard folder. They were never BU condition it was more of a pocket change fill in the hole type of collection.
Now that I am filling the prettier Album those older dimes just are up to par. I've been busting up mint and proof sets to fill the new holes so the coins are all fairly even condition wise. My dilemma is now I have cents, nickels, quarters, halves, and dollars starting to pile up and no real plan on what to do with them. I was considering making a post to trade them for the dates I am looking for. That seemed like a reasonable idea, until it struck me that once the album is complete I'm more than likely going to start working on a new album.
So what would you do trade off the extra coins or bite the bullet and buy 4 or 5 more dansco albums and work on many series at the same time? These are not a major focus of mine but lately at auctions I've been picking up mint/proof sets for less than face value so breaking them apart doesn't bother me one bit. It's also nice to see progress in an album where one coin isn't setting me back hundreds of dollars per hole. Edited by davec13
12/26/2015 11:02 am
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Rest in Peace
United States
7075 Posts |
I had to think about this for awhile but it seems that if you're breaking up the mint sets you have a great start on the other albums.
So go for it! Do them all. Just don't make yourself crazy over getting the keys.
On the other hand, if the empty holes will bug you, then stick to just the dimes.
A lot depends upon how much unfinished albums will bug you and how much you can afford to spend on your collection.
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Pillar of the Community
United States
650 Posts |
Why should you be any different then the rest of us? I think there are a bunch of folks, me included, that are working on many albums at once. Just make one a priority if you want to compromise.
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Pillar of the Community
United States
898 Posts |
I would do the other sets. Heck I am doing the others. You don't need the Danscos right away. Just by them as your budget permits.
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Rest in Peace
United States
17900 Posts |
Since you already have a great start in the other denominations, I would defiantly start the other denomination sets, too.
Keep in mind that there are HUGE advantages to working on several sets at once. The most important advantage is that you are not stuck buying only a few coins at higher prices. Since you have a much larger number of coins you are searching for, you can afford to be patient and wait until you find just the right coins at just the right price.
When you are looking for 100 coins, you have a much better chance of finding something you like at a great price rather than being FORCED into buying those 'last couple' just to fill the holes.
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Rest in Peace
United States
18456 Posts |
I am working on 7 different sets at one time. While it's far from boring ,it's driving me crazy. So it's your choice 1 set at a time; or many .
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Moderator
 United States
187702 Posts |
Count me in on the build the other sets bandwagon.  |
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Bedrock of the Community
United States
11951 Posts |
My suggestion is to hold on to them.
Coin collecting is not a race. I feel it is a life long pursuit.
I have broken a lot mint/proof sets in the past. When I'd did
dump the extra coins, I was sorry I did when later I started
sets of other denominations.
I have at least 15 Dansco albums that I am actively working,
and many more waiting for upgrade coin.
This past year I took the approach that I am setting up the foundation
for my collection. I figure when I am in my 60's and 70's I hope to be
able to fill the empty holes. So I have been buying all the albums
that interest me, and slowly started to fill the holes.
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Pillar of the Community
United States
997 Posts |
I tend to agree with most of the posters above. For current coin types I buy 2 Mint Sets and one regular Proof Set each year. One gets broken to place in the various denominations books and the other is stashed away. Since a couple of the books also have slots for "S" mint coins (Cents and Halves in my case) I usually snatch a couple at local coin shops or shows to fill these blanks each year. Thus the last 10-15 years coins in my main books are all BU (or at least were when they went in...). For the years prior to that the vast majority of post-WW2 pennies and nickles are from circulation, all the clad coins and about a fourth of the silver were pulled by me. The rest are from purchases or trades. I do maintain a second set of books for straight circulation or CRH pulls. I have managed a complete Jefferson nickel and LMC book as well as complete post-64 dime, quarter, halves and dollars, including Ike's I saved before I started putting things in books. For Wheat Cents I have everything newer than 1940 and I have about half of the the 31 years before that as well as a handful of IHC's. |
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Valued Member
United States
467 Posts |
I understand the dilemma very much.
In spirit, I am in the camp of break em, keep em and have many sets going.
But in reality, I have discovered that it is difficult for me to not fill holes as fast as I can and if I have too many sets open, I spend more money than I comfortably should.
So I tend to try to focus on only a few open things and sell off my odds and ends to fund my active focus sets.
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Pillar of the Community
United States
500 Posts |
I think I have 7 open albums plus a 7070. If you enjoy collecting and have the budget just hang on to them, or pick one or two more denominations and go from there.
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Valued Member
United States
137 Posts |
I'll jump in and give my $.02, since I have had the same considerations (as I'm sure we all have at one time or another). I decided like most to ultimately concentrate on 1 -2 coin books at a time. First I finished my Jefferson nickels since they were closest to being complete anyway. Next I finished my Roosevelt dime book since he was next to be most completed. I then got a little stuck on my Dansco 7070 album and Lincoln Wheat penny album; these are taking longer than I had wanted. So I have simultaneously started to complete my Franklin half album, especially since silver is still down. This is the approach that was most satisfying to me, and having stress-free fun with this hobby is what it's about. |
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Pillar of the Community
 United States
757 Posts |
I think I'm just gonna buy the cent, nickel, quarter, and half books. If I fill the "modern" coin albums it won't be hard to keep them up to date and eventually they will be considered classic coins. So hopefully my kids will be inheriting a worthwhile collection one day.
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Rest in Peace
United States
7075 Posts |
That's a good idea. Focus on what you have and get it properly stored.
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Valued Member
United States
398 Posts |
Save them ....
Put em in a box and just focus on one set at a time ....
After you do the first set then look in the box and see what inspires you and go for it .....
Rinse / repeat process .....
Simple - No other decisions required ......
..... and ..... your budget won't get strained!
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Pillar of the Community
United States
757 Posts |
Well I ordered a bunch of dansco albums the other day and they can't get here soon enough. I'm down to one last dime to fill the album a 2011 S silver. I have one, but it's slabbed. I thought about breaking it out to fill the album only I have a decent start of graded dimes set already (~75 of them}. I guess you can't have enough coins, right?
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Replies: 17 / Views: 3,411 |
Posted 12/26/2015 3:28 pm
