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So Many Varieties...are They Needed For A Complete Collection?

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TheForce's Avatar
United States
4863 Posts
 Posted 12/05/2016  09:21 am Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
I am in a bit of a quandary here. I know it is totally a personal preference. Do you consider a coin collection series to be complete without all the varieties or only some of the varieties and not the super expensive ones? Let's say a penny collection of Elizabeth II cents. Are you satisfied with just ONE 1965 in your set or do you feel you need all the 1965 varieties?
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Canada
2845 Posts
 Posted 12/05/2016  09:50 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
I think there's no right answer. That's one of the enjoyable things about coin collecting - you get to set the parameters of what it will contain and once complete, the satisfaction is achieved by meeting those parameters.....and so it often happens, then one decides to change the parameters which of course then expands the opportunity and the size of the collection. So a collection may never really be complete...and this is the reason why some of us get hooked into the hobby for life.

My own preferences, once I have about 75% or so of the basics in place, then I begin keeping an eye out to add interesting varieties. I'm mostly a list person and so I always keep a list of high priority buying intentions adding more as my list shrinks. Some varIties do not appeal to me or are too expensive but I never feel my collection is incomplete --- I just look at it as my choice not to include them, knowing I may change my mind later. The thing is a collection is generally not ever complete because as it evolves, opportunities to upgrade also present itself as well.

I believe determining the means to display a collection from the beginning is very important in terms of gaining a sense of accomplishment, from having a visual means to gauge and observe progress, noticing the empty spaces getting filled etc.
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TheForce's Avatar
United States
4863 Posts
 Posted 12/05/2016  09:58 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I'm thinking I'm in agreement with you wildflowerAB. The sense of accomplishment would be very satisfying. I too behave similarly by getting the bulk of the basics in place then go after the varieties and or circulation commems. I find that collecting Canadian coins to be very challenging and yet satisfying. There are so many varieties...waterlines, beads, points & blunts numbers, etc...
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Canada
5460 Posts
 Posted 12/05/2016  11:04 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I agree with all above .. I include "naked-eye" seen visible varieties, but not the ones that you need a microscope to see.
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 12/05/2016  11:15 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
The 65 cent varieties are well established for a long time.

I actually have the 4 65 BU cents in a special holder from back in the 80's. I would definitely consider them as a collectible set..

...many of the others,..maybe not as much..(endless "hanging cents" by the dozen as an example..)
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oriole's Avatar
Canada
5091 Posts
 Posted 12/05/2016  12:51 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I personally disregard varieties for the most part. It would have to be something fairly obvious (like magnetic or non-magnetic) for me to bother keeping, but I make no big effort to get all of these.
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darryldarryl's Avatar
Canada
2418 Posts
 Posted 12/05/2016  1:29 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
They are not necessary however it would make for a super nice collection if you had them all.
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papeldog's Avatar
Canada
1922 Posts
 Posted 12/05/2016  2:00 pm  Show Profile   Bookmark this reply Add papeldog to your friends list Get a Link to this Reply
I think it would be nice to have them all in a collection but most of us won't live long enough to do such a collection or have the funds.
I try to collect all the years first then the varieties come next I prefer Au and better.
Everyone has different idea's to collect
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Canada
1489 Posts
 Posted 12/05/2016  2:05 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
I have been using a modified version of the PCGS registry set (total 943 coins on list), it contains some of the common varieties, but not a complete list. I follow a similar strategy to wildflowerAB, some are nice to have, but not a collection priority, especially if it is minor or non-apparent difference. I am a fan of the intentional dots, maple leaf's and Heaton mint varieties. In the case of a 1906 25cent Sm/Lg Crown, I only have one spot listed.

When I get a rarer variety at a low price, I will often sell it to fund missing pieces, if it is a keeper piece, I will usually add the varieties to the list.
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trimble's Avatar
Canada
298 Posts
 Posted 12/05/2016  4:21 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Like the posts above, my history is similar. I started collecting decimals, 1858 - 1967, then varieties within the same decimals. While not complete , I started on maritime coins...also not complete, but I'm having fun with them.

Then I thought maybe I should just go to the year 2000. That date has since been moved to whatever current year it is. Collecting modern decimals led to the many, many non-circulating decimals that renewed my interest. I hadn't realized just how busy the RCM was from 1968 to date.

It is quite fun to get all the coloured quarters, silver loons, etc.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 12/05/2016  7:55 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
my personal goal is a set of canada silver dollars. 1935-1967, I will collect all the dates available.i am now only needing the 1948 for a COMPLETE SET.. now I am looking at some of the varieties, to add in. to round the set out. but for sake of argument I don't feel I need the 1947 dot. I doesn't jump out to me as a must have,i have the 47,blunt,47 pointed, and the 1947 maple leaf. like the op said above if I need a loupe to see it I don't consider it a must have for my collection.
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unruhjonny's Avatar
Canada
512 Posts
 Posted 12/06/2016  11:52 pm  Show Profile   Bookmark this reply Add unruhjonny to your friends list Get a Link to this Reply
I also agree that there is no correct answer.
I personally tend to only include major variations - and even then don't sweat it if I don't have it.

I do not have a 1964 EWL nickle, nor do I have a 1973 large bust quarter - and I will never own (unless it's gifted to me) a 1948 silver dollar... and my sets are quite fine without them.

As a matter of chance I actually found a single type 4 1965 penny when I finally went through my pile that had been accumulating for (egads) nearly thirty years - but for a long time I only had one spot for a 1965 penny...

This touches on a pet oeeve of mine;
I recently started buying & using the blue Lighthouse/Lechtrum series of books - the pre-set spots are sometimes aggrivating;
I finally broke down and started making my own printed labels for the books - I mean who in their right mind would put a 1936dot penny in one of those books?
(This is in part a trick question, because there are a whole lot more of these books out there than 1936dot pennies.)

Those people in Germany really needed to put more research into what coins need spots...
Ditto on the uncirculated only coins like a 1998 loonie, or 2000W penny, or a 1999P-anything!?!
Edited by unruhjonny
12/06/2016 11:56 pm
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Canada
617 Posts
 Posted 12/07/2016  12:57 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
My approach to this is that I collect circulation strikes, and include major varieties. I consider that a major variety is one with a deliberate design change (for example, straight 7 vs curved 7).
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Phil310's Avatar
United States
1096 Posts
 Posted 12/07/2016  1:12 pm  Show Profile   Bookmark this reply Add Phil310 to your friends list Get a Link to this Reply
I agree that every collector can choose what they want to collect and consider that collection complete until they choose to expand it.

I decided after Canada stopped minting the one cent coin, that it would be a good time to complete the collection of small cents that I had started as a teenager and stored away for 40 years.

I was only going to collect them by year, until I stumbled across a world coin catalog that showed the 1955 NSF cent as a valuable coin. I looked through the coins I had stored away and found that I had a high grade 1955 NSF already. I figured since I had one of the hardest varieties already, I might as well search for the others listed in the major catalogs.

Then I thought, I might as well get all the Large cents too, since they are not all that expensive. (I stick to nice circulated coins. The BU ones are beyond my budget.) Then I discovered the 2011 Charlton variety section on large cents, and started looking for those varities also.

Then I cherrypicked an 1859 N9 DP9#1, and discovered Dr. Haxby's catalog of die pairs, and got hooked on looking for interesting die pairs. After collecting about 50 different die pairs, I decided I might as well try to get them all.

That's how collecting is. One thing leads to another. But in the end it's whatever you choose. It's all fun. Enjoy!
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garys64wildcat's Avatar
United States
593 Posts
 Posted 12/07/2016  1:29 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list Get a Link to this Reply
I have kept my collection to the age of 1967-1968 when they dropped silver from circulation. I have several 71 BC silver dollars I ordered from RCM in 71 when they were reasonable priced. To get all from 68 to Now would be pricey for me to complete.
There are a lot of newer coins that are beautiful, but pricey. Just like US sets in silver,

I can find the clad US sets for way less money 15 to 20 yrs old
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Canada
799 Posts
 Posted 12/13/2016  01:44 am  Show Profile   Bookmark this reply Add TerryT to your friends list Get a Link to this Reply
Great answers. Everyone will have a different perspective. I've collected things since I was very young and when I started collecting coins as a young teenager (I had seen the back pages of comics where you learned you could find a 1936 Dot penny in your change, or a US doubled 1955 cent), I would check everything in my change. When working, I would get rolls from the bank, and once in a while buy 5 or 6 Vickie coins for $40, if we didn't need diapers for the baby.
On the reverse side; if I were forty then and I had been working for twenty years and made a big salary, maybe I would often be buying a high grade Geo V dime for $40 or a $400 coin every once in a while.

So Mr.$40 roll-hunted and found many varieties and errors and collected them hoping they're the next 1969 large date dime; while Mr.$400 was at a coin convention and owned that darned 1969 !

Fast forward 40 years and I have a $10,000 very wide-ranging collection with all those varieties and lots of errors (okay not true, I think Zonad has them all), while my alter-ego has passed and his children are selling his high grade Geo V dimes on ebay for $10,000.

Another thing to think about is what do you define as a variety. There are mint varieties like the Victoria obverses, Maple Leaf 47's, or NSF 1955 cent, things the mints meant to be there, or error varieties like the doubled-dates and EWL 1964 nickels that weren't. You also have thousands of one-offs or interesting or minor error and varieties, who knows. Any one could be the next big thing.

More recent finds like 1977 n/f and 1996 n/f nickels are of interest to many collectors but others may not be interested at all. If someone makes a book with a hole for them, they may become more popular, but there may be thousands hidden in rolls with guys like me who never even bothered to look (I know I have a pile of BU 96's but would rather scour ebay for older coins).

Now if I can just find that 1886 obverse 4 large pointed 6 dime in VF for a reasonable price, I'm all set !
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