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Show Of Hands For A Complete A 19th Century Type Set?

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Valued Member

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 Posted 12/09/2017  6:42 pm Show Profile   Bookmark this topic Add jmgi to your friends list Get a Link to this Message Number of Subscribers
Looking for coin supplies on a site, I came across a large Capital Plastics holder for a 19th century type set, and was thinking what a great set that would be to complete and display. Would like to know how many have completed that holder, and if possible, posting a photo of it for all of us to see?
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moxking's Avatar
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 Posted 12/09/2017  7:05 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I've completed that set, except for an upgrade still needed for my type two gold dollar.

But I store my collection by date sets in binders mixed with 20 & 12 pocket pages for raw and 9 pocket pages for TPG, so I'd need to fill a basket with photos to present each type.
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 Posted 12/09/2017  7:23 pm  Show Profile   Bookmark this reply Add jmgi to your friends list Get a Link to this Reply
moxking, I wasn't even thinking about a set with the gold coins too, just all the others. The set including the gold would be even more impressive. Did you try to put the set together with the same approximate grade?
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moxking's Avatar
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 Posted 12/09/2017  8:17 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Selection of grade is assigned by what I call the cliff method.

In any grading scenario there comes a point where the increased grades make the percentage change increase in price take huge leaps.

In almost all cases, especially with TPG graded coins, that rapid increase in price is due to the decrease in available examples in those grades.

While grade is only the first step in estimating value, it does provide us with a basic approximation of prices.

Just today I purchased a 1934-S Peace dollar that can illustrate this point. I finally found an absolutely beautiful NGC AU-58 CAC in that grade that I wanted enough to overpay for if necessary.

To get a nice looking 34-S usually requires $6000 or more. The reason is partly because Peace are often ugly in MS-63 or less. Nice toning is virtually impossible to find, so the mellow luster without icky toning, in any grade, is hard to find. And that date/mint mark is almost impossible to find with strong strike both obverse and reverse.

This one had it all and the barest whisper of circulation rub. Without that tiny bit of rub it would easily make MS-64. So instead of spending $10,000+ for a nice looking Mint State, I spent $1440 for that exceptional AU.

Right now you can buy ugly 58 on ebay for $900. So although I paid much more for mine, it illustrates that grade is only part of a coins value.

To more specifically illustrate the cliff effect, keeping in mind that these prices are for average examples, the 55 is $450, 58 = $1200, 60 (ugly) $2000, 61 (ugly) $3000, 62 (ugly $4000, 63 (okay) $6000, and so on.

Keep in mind that MS-60 - 63 are not great looking coins for the Peace dollar because of the wide open spaces that show every mark.

So in this instance I choose the 58 as getting the nicest looking coin before the leap up in price to at least a 62 to get anything half way nice looking.
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 Posted 12/09/2017  8:43 pm  Show Profile   Bookmark this reply Add jmgi to your friends list Get a Link to this Reply
I certainly agree, many times an AU is much more attractive (for the price) than the lower grades of UNC's, especially on the larger size coins. Just the slightest of circulation smooth's out many of those bag marks, abrasions, and scuffs that lower grade UNC's usually exhibit.
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 Posted 12/09/2017  8:48 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Really good explanation Mox. Too many folks set out for too high a grade set then find themselves stuck at that crossroads. I never have that problem because ain't no way in***** that I'll be doing high grade sets! There is wisdom in buying nice to begin with as to not pay again upon upgrading, so one must really set the goal before jumping into these type sets.

To the OP's question, there are a variety of holders for type sets from the small all Dollar type set to the ones you mentioned, for only 19th century or both 19 & 20th centuries, now they have 20th & 21st Centuries. To some it makes a nice display board, quite heavy as a wall hanger. My drawback to that is it is a theft advertisement, no place to secure it and it can get to be quite valuable. A nice layout album suits me and allows flexibility. I devised my own "expanded 7070" to run from early colonial coppers through the new dollars but not incorporating gold since I cannot afford it. My set, my rules, have what I want plus some additions that a Dansco would accommodate.
Edited by Crazyb0
12/09/2017 8:49 pm
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moxking's Avatar
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 Posted 12/09/2017  8:56 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Good follow up Crazy. There have been numerous social studies that have linked creativity to the collecting habit. Devising your own way of collecting should be at least half the fun.

That's why I do date sets. Doing so also completes type sets along the way. And even though all the Walkers aren't kissing each other, they help keep a lot of date sets very attractive.

Type sets are one of the best possible goals to work towards, bar none.
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 Posted 12/09/2017  9:01 pm  Show Profile   Bookmark this reply Add jmgi to your friends list Get a Link to this Reply
Crazyb0, as nice as that large plastic type set holder is, displaying it openly on a wall wouldn't be the best idea if concerned about theft, which anyone should be nowadays. The Dansco or Littleton type set albums are actually a more complete type set, if that is the way one prefers to go, I think that is what I would want.
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 Posted 12/09/2017  9:26 pm  Show Profile   Bookmark this reply Add jmgi to your friends list Get a Link to this Reply
moxking, for someone like me who loves all 19th century coinage, the type set would be ideal. Just need to decide on the grade range I would go for on the majority of the set, realizing that I probably would have to drop down a little on any of the more expensive types. I want to make sure that the set, when and if completed, will have a somewhat consistent look to it.
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 Posted 12/10/2017  08:28 am  Show Profile   Bookmark this reply Add jmgi to your friends list Get a Link to this Reply
Yes jbuck, that's the one I was talking about. Even though it lacks some of the types (if you want to get nit-picky), I still like it, and just keep imagining the look of it when its completed, especially if I could do it in a minimum grade of VF or so.
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 Posted 12/10/2017  1:21 pm  Show Profile   Bookmark this reply Add Dlangs56 to your friends list Get a Link to this Reply
Crazy, I am curious about the expanded 7070. I also wish the 7070 didn't omit some early types. How did you do yours? Is there a suitable blank page to add or what?
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chesterb's Avatar
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 Posted 12/10/2017  1:43 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply

Quote:
I am curious about the expanded 7070. I also wish the 7070 didn't omit some early types. How did you do yours? Is there a suitable blank page to add or what?


Be careful what you wish for because it adds a lot more type of coins like the early Bust Dollars, Halves, Dimes, etc. I ended up switching from Dansco 7070 to CAPS 1800's Type album. I like the CAPS folder because it is more inclusive and I like the storage and protection more than the Dansco. There is also a 1900's and 2000's Type album so it requires two larger albums vs. the smaller Dansco.
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Conder101's Avatar
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 Posted 12/11/2017  09:54 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
OK since you say the holder is the one Jbuck referenced I can say I have completed that set. I have an older capital plastics holder that has more types and it is not complete. For all the 19th century type Half Cent through dollar I am missing three, one Half Dime and two dollars. I started with the old Whitman album that had all the types(18th through 20th century) and in it I am missing three Half Dimes, one dime, one quarter, 2 half dollars and 4 dollars.

For the 7070 set I am missing one dollar, two if it includes the draped bust dollar, I don't remember if it does.
Edited by Conder101
12/11/2017 09:56 am
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jbuck's Avatar
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 Posted 12/11/2017  10:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Even though it lacks some of the types (if you want to get nit-picky), I still like it
I think it has plenty. Sure, the 7070 has more, but as said some feel it is missing some types as well. At some point you have to make the personal choice to complete the set you can, not the one you wish you could.


Quote:
For the 7070 set I am missing one dollar, two if it includes the draped bust dollar, I don't remember if it does.
Mine does not. Just two Seated dollars, Morgan, Peace, and Ike. I am missing the two Seated dollars.
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Conder101's Avatar
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 Posted 12/12/2017  11:42 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Then I'm just missing the with motto Seated dollar.
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