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Collecting Coin Sets

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jaxenro's Avatar
United States
533 Posts
 Posted 01/12/2019  07:57 am Show Profile   Bookmark this topic Add jaxenro to your friends list Get a Link to this Message Number of Subscribers
I wanted to do a set of PCGS slabbed Morgan's by date and mint mark. Set a limit of under $500 per coin and I figure it will take me a few years to find and afford the full set if ever.

Then I came across DMPL Morgan's and started a separate set using the same criteria for price where I can.

But darn those Barber dimes look cool what about a set of those at a lower price point? OK now I have ten of them and am working on more

And those modern silver eagles in MS70? That set is now almost complete just need ten or so of the pricier ones.

What about Trade dollars? Only need 18 coins for that one. Fifteen to go now.

And I wanted some gold to round it out so maybe the $5 Liberty Head.

So now I have six sets I am buying for and filling them in here and there based on what's available and my budget at the time

Plus what about the silver eagle proofs the mint sells with those neat little velvet lined cases and boxes? I am about half done there as well

Do you do the same or do you stick to one set at a time?

Edited by jaxenro
01/12/2019 09:09 am
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Bump111's Avatar
United States
3323 Posts
 Posted 01/12/2019  09:47 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I used to "jump around" between sets. I've only finished the Roosevelts and Jeffersons. Probably won't finish the Lincolns due to cost. Now, I focus on stuff like tokens and SCDs. These sets are beyond completing, so I just get things that appeal to me for some reason. I also like commemoratives, but they will also be expensive to complete and will also likely remain piecemeal.

I say do what makes you happy, even if you don't finish off a set. You're probably like most of us though, obsessed with completion.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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jaxenro's Avatar
United States
533 Posts
 Posted 01/12/2019  09:59 am  Show Profile   Bookmark this reply Add jaxenro to your friends list Get a Link to this Reply
The only one I see completing anytime soon is the modern silver eagle and even then I will need to fudge the 1995-W and drop to MS69

The gold $5 I will never complete but over half are common dates available at a good price so that's fine
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 01/12/2019  10:03 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
I stick to one at a time. For the reasons you've stated. I've found that completing them is both easier and quicker. If you can, start with the key and semi-keys. Otherwise, as you near completion you'll end up paying more. At the moment I'm on the Seated Liberty dimes, off setting it with Peace dollars only when the dimes aren't available in the appearance I'm shooting for. I'm working on a nice even looking set across the series.
ANA member - PAN Member - BCCS Member
There are no problems only solutions - the late, great John Lennon
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kurtles's Avatar
United States
22 Posts
 Posted 01/12/2019  1:15 pm  Show Profile   Bookmark this reply Add kurtles to your friends list Get a Link to this Reply
I am 21 coins away from finishing my Mercury dime set, so of course, I had to start another set in the meantime so I picked up 3 Franklins and a Dansco to put them in. I plan on finishing the dimes, with the exception of 16-d, before I get any more Franklins. We will see how well that goes.
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Jadey's Avatar
United States
900 Posts
 Posted 01/12/2019  4:17 pm  Show Profile   Bookmark this reply Add Jadey to your friends list Get a Link to this Reply
I have collected all types of coins (and quite a large quantity), but surprisingly have never completed a set. I noticed about a montha ago that I am one coin away from completing the Franklins, so I figure I might as well get that one completed just to say I've done it. For whatever reason, completing a set doesn't really entice me.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/12/2019  4:31 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
A "set" can mean what whatever you want it to be.

I collect in the same manner as the British Museum does.
Their 'set' will never be completed, and they have perhaps the biggest collection of coins in the World.
Even for that organization, their collection will never, nor is it possible, for it to ever be complete.

Just decide on some bounds on what your 'set' is going to be, and stick to it.
Having said that, still keep an open mind on whatever coin comes along and could very well added to your collection, but outside your core 'set'.

My core 'set' is OFEC: 26 coins, one from every century, since the beginning of coinage, 26 centuries ago.
Edited by sel_69l
01/12/2019 8:19 pm
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oriole's Avatar
Canada
5239 Posts
 Posted 01/12/2019  8:27 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@sel_691, could you share with us what coins are in your "core" set? Or if you have done it, what is the topic link for it? I assume something representative of the century.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/12/2019  8:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
My 'set' only mostly complete at this stage.
I will post a list. Some coins were struck with the same general type over a period more than one century, but a few gold coins included in the list.

Will take a day or two to write up a list of selected coins, out of a collection of about 1,500, mostly less than 300 years old.

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Athens silver tetradrachm c/- 460 BC
obv. Athena facing right oak leavers on head.
rev. owl facing, in incuse square.

Macedon gold stater, Philip 11 (see avatar), 359-336 BC
obv. Apollo
rev. biga, thunderbolt mint mark (Pella)

Persian Empire, Darius 111, silver siglos
obv. archer kneling, holding bow and dagger.
rev. incuse punch mark, trident mint mark.

Geeece Thyrrhheium, colony of Corinth, c/- 240BC. silver didrachm.
obv. helmeted head Athena facing left
rev. Pegasos flying left.

Rome Republic silver denarius. c/- 109-105BC.
moneyer M Aquilius.
obv. radiate head of Sol right
rev. Luna in bigs.

Celtic pre Roman Britain base gold stater Durotrigues.
obv. astracted head of Apollo
rev. abstracted horse.

Rome gold aureus Augustus 27BC-14 AD.
obv. laureate head of Augustus right
rev. Caius and lucius Ceasars standing , facing.

Rome gold Aureus Vespasian 69-79 AD.
obv. Laureate head facing right
rev. Pax seated left.

Rome silver tetradrachm, Traja 98- 117 AD. Tyre mint.
obv. Trajan bust, facing right
rev. Melquarth bust, facing right.

Rome silver antoninianus, Julia Domna wife of Caracalla
obv, raided hair bust facing right
rev. Venus seated left.

Rome brass seatertius Philip244-49 AD.
obv. laureat head facing right
rev. Annona standing left.

Rome silver argenteus, Maximianus 286-395 AD
obv.laureate head right
rev. the Tetrachs in front of camp gate.

Rome gold solidus, Constantius 11 337-361 AD
obv. diademed head right
rev. Roma and Constantinopolis either side of shield.

India, Kushan gold stater, Kipnander c/- 350 AD
obv. king standing
rev. enthroned Ardoshoko.

Rome gold solidus Leo 457- 474 AD
obv. facing bust
rev. Victoria standing.

Burma silver 80 rattis, mid 4th century AD
obv. stylized sun
rev. stylized temple.

Hephthalites silver drachm. late 500's AD
obv. bust facing left
rev. fire altar with attendants.


Thailand Mon kingdom of Hamsvati silver unit about 9.4 gms.
obv sankh shell
rev. stylized temple.

Byzantine gold solidus Phiocas, 602-10 AD.
obv. bearded bust facing
rev. angel, standing.

Byzantine gold solidus of Carthage, Heraclius constantine 610-41 AD dumpy fabric.
obv. wo crowned busts facing
rev. cross potent on steps.

Byzantine gold tremissis Constantine 1V 668-685 AD.
obv. bust right
rev. cross potent.

India, Kidarites base gold stater, c/- 750 AD.
obv. king standing
rev. Ardoshoko enthroned.

Ceylon pale gold kahavanu. Chola kings c/- 1020 AD.
obv. king standing, facing.
rev. Lord of Sri Lanka, reclining.

Islamic gold dinar, Ghaznavids 1053 -59 AD.

Islamic gold dinar, Sulayhids 1047 81 AD.

Byzantine gold hyperpyron Andronicus and Michael 1X 1320-1325 AD.
obv. Michael and Andronicus either side of Christ
rev. Virgin facing city walls.

Islamic gold ashrafi, Burji Mamluks c/- 1421-38 AD

France gold Ecu D'or Francis 1 1515-47)
obv.croned shield
rev. floriated cross.

India square silver rupee Akbar, c/- 1650

Egypt gold Zeri Mahbub, 1730.

---------------------------------------------------------------------------------------------------------------------------------------------

A few more modern coins:

Great Britain Gold Guinea, George 111, 1794

Japan gold Nibu Kin, Manen perios

Belgium CU Ni Essai (pattern) 20 centimes, 1859.

Great Britain Gold Half Sovereign Victoria, 1844.

U.S.A. gold Dollar, 1853.

German New Guinea Company silver 5 Marks, 1894.

Australia Sydney Mint Sovereign, 1866.

Canada gold 10 Dollare, 1913.

U.S.A. gold Double Eagle, 1924.

Great Britain gold proof 5 sovereigns George V1, 1937.

Netherlands Antilles square gold 300 Guilders, 1980.

Australia Platinum One Ounce Koala, 1991.

-------------------------------------------------------------------------------------------------------------------------------------------

It has taken me nearly 40 years to build this 'set' so far.
One of the rationales for collecting in this way is
that if one collects a specific set (say, a date set of Lincoln pennies), the only coins of significance are the key coins.
With my 'set', each coin can stand on it's own, and is significant in it's own right.

By collecting across the whole of numismatics, I can also cherry pick across the whole of numismatics, looking for best value for money for each purchase. Such an approach requires a lot of research before making a decision to buy each item.

I also get to make a study of World history over my lifetime, - the first step to becoming a 'culture vulture' !
Edited by sel_69l
01/13/2019 08:10 am
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oriole's Avatar
Canada
5239 Posts
 Posted 01/13/2019  07:45 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@sel_691, I am inspired by your approach. I can also see that you like gold coins-but what is there not to like about them?
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/13/2019  08:09 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Actually gold coins are not really my thing.
Gold is just another coinage metal. That is the effect that 40 years of collecting has had on my thinking. Gold coins represents only about 2% of my collection.

I have about 1,500 coins in my core 'set', and as you would expect, silver and bronze coins are far more numerous in the collection. Silver and bronze coins have always shouldered most of the burden in the World's circulating currencies, but I will admit that gold coins are slightly over represented in my collection.

For the purposes of this thread, they just happen to be more interesting.
Valued Member
United States
314 Posts
 Posted 01/13/2019  6:30 pm  Show Profile   Bookmark this reply Add einstem to your friends list Get a Link to this Reply
@SEL_691,

You are inspiring me as well...

I have been collecting "By Set" (Franklins, Jeffersons, Lincoln Wheats, Roosevelts, Peace dollars, Walking Liberty Short Set, etc.) but I am also considering changing my approach entirely and just getting "interesting coins" or "beautiful coins", across a much broader range of countries and types.

Or collecting much smaller "subsets"..

For example, instead of collecting an entire set of " Jefferson nickels", how about just a set of just top-grade Wartime Nickels ?

Or instead of an entire Lincoln wheat set, just purchase one awesome 1909 S, 1909 S VDB, and a 1914D...

Or instead of a whole Washington quarter, just save up and get a 32D and a 32S.. which are probably worth more then the rest of the entire collection combined..


And why even try to get a whole set of Buffalo nickels or Indian Heads or Morgans (which is almost impossible anyhow, when instead I can purchase a few gorgeous examples..

For example, I a totally beautiful Silver 3 Cent Piece at a show a few weeks back.. beautiful strike and awesome toning color.. why try to get a whole bunch of "mediocre" examples of a very difficult coin to find in a good strike.. just get one and be done..

Probably means much fewer coins in my collection, but coins that will have more beauty, value, and a more exciting collecting and coin hunting experience..

Michael
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IndianGoldEagle's Avatar
United States
36710 Posts
 Posted 01/15/2019  11:23 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I always got bored doing date sets, never finished one set, bounced around too much. Now it's just type sets for me because of the variety of designs. U.S, and foreign, great way to cut the boredom.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/15/2019  6:46 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
einstem:-

I appreciate the change to your philosophy in the ways
you may collect, but it may take time in the transition.

Just go for the keys only, and save spending money on the more common ones unless they are in nice condition, and represent good value for money at the time of purchase.

The money saved will give you lots of budgetry room to expand your numismatic horizons.

Bonus:- As your numismatic interests expand, you will also get to post in a far wider range of sub forums, here in the CCF, and have a far wider range of numismatic cyber friends.
Edited by sel_69l
01/15/2019 6:54 pm
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jaxenro's Avatar
United States
533 Posts
 Posted 01/15/2019  8:18 pm  Show Profile   Bookmark this reply Add jaxenro to your friends list Get a Link to this Reply
There are many ways to define a set probably almost as many ways as there are collectors. Since I mainly do PCGS slabbed coins exclusively I tend to follow the sets they define on the website, usually by type date and mint mark.

Then I set a goal of either price or grade. So for Barber dimes it is the best coin for each date MM for under $100. I was trying for under $50 but a couple stretched that up. Even still 76 coins in the set at under $100 each gives me an upper limit of $7,600, although a few keys might stretch that further.

For the DMPL Morgan's the same thing but the upper limit is $500 per coin.

For the modern silver eagles I went a different route. Every coin so far is MS70 and I plan to keep that up so quality over a set price.

Doing it this way I spend a lot of time searching as not all coins are available in the grades I want and two coins in the same grade might look different so I can be choosy.
Edited by jaxenro
01/15/2019 8:22 pm
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thq's Avatar
United States
3343 Posts
 Posted 01/15/2019  8:55 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I started out plugging cent, nickel and dime holes in Whitman and Dansco albums. So it's always been bottom dragging to fill the holes.

About the time silver went out of circulation I lost interest. When I finished school and got a job the interest returned. I still drag the bottom - VF is a high grade - but now my interest spans a wider range.

The only set that particularly interests me is the pre 1860 San Francisco mintage. I have the quarters and halves, the dollar, one of the dimes, and a scatter of the gold coins. I don't have any plans to ever finish it, due to the unaffordability of multiple stoppers.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
01/15/2019 8:57 pm
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