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Replies: 22 / Views: 3,363 |
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Valued Member
United States
475 Posts |
I am focusing on copper and silver. Any suggestions on strategy since there are so many types to acquire? Obviously eye appeal is paramount. Focus on a category like copper or silver? Denomination? Whatever is eye appealing? Obviously there are budget constraints. Lol
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Pillar of the Community
 United States
6514 Posts |
Have you considered starting with a 7070 type set?
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Valued Member
 United States
475 Posts |
Yes, 7070 is the goal. But, was considering suggestions on approaches since it covers so many types.
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Pillar of the Community
5464 Posts |
Quote: Yes, 7070 is the goal. Do you have a 7070 type set album? Quote: But, was considering suggestions on approaches since it covers so many types. It's always good to start at the beginning. The only problem is, the beginning is different for each of us. I started filling holes with the best coins I already had in my possession to find/see my baseline. Bottom-line: You find the best coins of each type you can afford.
Edited by USSID18 03/10/2019 1:41 pm
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Pillar of the Community
United States
4469 Posts |
Create a budget and target grade for each coin, and set a minimum grade for the set. Try to stay away from the most common dates, on some coins it may not be possible and stay within your budget. On old copper try to find problem free, original surface with chocolate brown toning and all having the same overall appearance. On silver orginal, with eye appeal and a little color is nice and stay away from white coins that may have been dipped.
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Pillar of the Community
United States
5825 Posts |
Old US copper is as good as any place to start.
Surf up images in various grades and see what you want your minimum to be. Then check your wallet and see what it can support. You will probably have to do some sort of balancing act between the two.
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Bedrock of the Community
13014 Posts |
I think the best strategy is having no strategy. Once you know what you want out of the set if something comes along that you need that you love go for it. If you just say okay all I am going to get is Large cents until that is complete or something like that you may miss out on other coins that you really really like because you are having a narrow focus. Part of the point of the type set is to be able to kind of get whatever you want and not be limited to date/mm sets of the same series
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Valued Member
 United States
475 Posts |
Thanks, Basebal21, souunds like keeping eyes out for quality coins regardless of type is the best approach.
Edited by txgolfer56 03/10/2019 9:28 pm
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Valued Member
 United States
475 Posts |
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Pillar of the Community
United States
4691 Posts |
Quote: I think the best strategy is having no strategy.  If you are not in a hurry, just pick up nice material as you come across it at the right price. It took me 40 years to complete my 7070.
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Pillar of the Community
5464 Posts |
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Pillar of the Community
United States
4085 Posts |
I would make a list of each coin type needed, a target grade and a target price. Then just start working your list, acquiring coins as you find nice examples. Since I am guessing you won't be going MS66 all the way back, you'll have to decide what grades work. I used an overall strategy of trying to stay VF or better, but some compromises had to be made. I also tried to go with lower grades for older coins, progressing through higher grades as dates became more recent. This seemed to work for me.
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Pillar of the Community
United States
1448 Posts |
The most difficult types to land a problem free example, in my experience, are the Capped Bust quarter, the classic head large cent and the Seated dollars. They also tend to be the most expensive. Maybe start with those and then spend time browsing for a particular type one by one
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Bedrock of the Community
Australia
21786 Posts |
If you are just starting on a 7070 set, go in with an open mind, and seize on any opportunity that looks like a vary good bargain, with regard to condition and value of coin vs price. (Otherwise known as cherry picking.)
That has been my buying tactic for the last 5 decades. Some people call that tactic as buying well, but it has a significant positive value benefit in the long term.
The most inefficient tactic value wise, is to pay top dollar for a particular target coin that you are looking for. If you do that, many opportunistic bargains will slip by without you noticing them.
Edited by sel_69l 03/11/2019 07:49 am
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Bedrock of the Community
United States
20753 Posts |
This sort of like asking which car should I buy. Or which house should I buy. Just way to many variables. I'd suggest just getting a copy of the Red Book and look through it for what interests you.
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Pillar of the Community
United States
8715 Posts |
Quote: I think the best strategy is having no strategy. 
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Replies: 22 / Views: 3,363 |