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 Replies: 20 / Views: 3,142 |
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Valued Member
United States
74 Posts |
I plan to begin a 20th Century type set and was wondering how much each coin would cost me if I got the cheapest coins (Common dates, common mint marks, low grades [at least G-4]). You don't have to bother listing common coins that you find in circulation, like Memorial Cents and State Quarters. I would appreciate it if you listed all the coins and put a price next to them. Example: Wheat Cent- $0.03 Buffalo Nickel- $0.40 Mercury Dime- $1 Thank You in advance. |
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Valued Member
United States
167 Posts |
Why would you want to put together a low grade set. Sure you could buy a silver barber, sl, and Washington quarter for bullion value out of a dealers scrap if he let you, around $2.40 +/- .25 but why would you. You could get a nice unc 1964 wash quarter for $4 and a common date type II standing liberty in VF for $10 and a VG barber common for 7 or a fine for 17 and you would be infinitely more pleased with them in the long run. |
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Valued Member
 United States
74 Posts |
Well there are a couple reasons I'd like to get lower grade coins. 1.) For $50.00, I'd rather buy 20 coins than 6 or 7 coins. 2.) If I get high grade coins, I'll have to spend even more money to prevent toning and rotting. 3.) If I get Extremely Fine or Almost Uncirculated coins, I will feel pressured to get high grade coins for 19th century coins (which I will start collecting after I complete the 20th century set) and these can get very expensive. 4.) I like the look of low grade coins. Mint State, Almost Uncirculated, and Extremely Fine coins look like they have been sitting in a drawer for 100+ years. Good and Very Good coins look like they have been circulated and passed through dozens of hands, maybe even hundreds. I think I would like a coin that has been circulated for generations more than a coin that has only been used for a couple years before being pulled from circulation. Mostly, I collect coins for their history, not their art (although there are some exceptions [ Mercury dimes & Walking Liberty half dollars being 2 examples]). I hope this helps you understand a little bit more. Edited by vince220
08/19/2008 8:19 pm
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Valued Member
United States
167 Posts |
Okay, I can sympathize with you on some of those points. Any silver coin you should be able to get from a dealers scrap heap (that is what he takes to the smelter) for about the price of silver plus a couple of percentage points if you have a good relationship with him, this means maybe a buck or so for silver dimes, maybe a buck and a half or two for a Barber dime; around 2.40 for quarters, and about $5 for halves. Cheap silver dollars will run you 12 to 15 in good for both a common morgan and peace, and you can get a silver ike for $6-7, however it will be uncirculated. (good luck finding one of those in good) Minor coins such as liberty head, buffalo, and War Nickels cn be had for about a buck a piece. Same for an Indian Head cent. The only other thing you really need that can't eventually be gleaned from circ is a type I standing liberty and that'll probably set you back around $22-25 in good for the most common one. Hpoe that helps |
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Valued Member
United States
74 Posts |
Thank you very much. Your information is really helpful.
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Pillar of the Community
United States
581 Posts |
I agree completely. I, too, share your interest in circulated examples. My only suggestion would be keep your goal at G-4, full or almost full rims. The are well circulated, but also don't look totally washed out. There should be only a very small premium on some of the earlier years. The Standing Liberty quarter might be hard to get cheap and without problems. Good luck! |
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Pillar of the Community
United States
1208 Posts |
Quote:
...you can get a silver ike for $6-7, however it will be uncirculated. (good luck finding one of those in good) There are plenty of circulated Ikes for a type set if you use the clads that circulated. The silvers were "NFC". That made me think about the silver Ikes that I have in my 20th type set, and it is the first time I ever wondered why I used silver for those holes, instead of clad. I guess it's because silver looks nicer than clad in a display. I didn't go for the circulated look either though. I think I like that idea. Once I get all my 20th coins upgraded as high as I dare go, I might put together a set of circs with as much "character" as I can find. An AU/UNC set and a "working" set... good idea. |
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Pillar of the Community
United States
507 Posts |
How do you plan on displaying / storing your type set? I've seen one from capital plastics, and I believe one from Whitman. I think they have different ideas of what constitutes a type set, so there will be different 'holes' to fill. Or, you could devise your own set and store it however you like. Capital plastics alone has three different offerings for 20th century type sets: 28 coins, 37 coins, or 41 coins. Even with that selection, I don't like any of them because they include all five State Quarters. I'd like to choose just one. WheatieFan |
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Pillar of the Community
United States
3294 Posts |
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Moderator
 United States
187702 Posts |
Quote:Even with that selection, I don't like any of them because they include all five State Quarters. I'd like to choose just one.  The 7070 only has one hole for a single SHQ. |
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Pillar of the Community
United States
6326 Posts |
And you can put your "home State Quarter" there or just your favorite design !...  ...  |
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Pillar of the Community
United States
1208 Posts |
Looking at those Capital holders I notice the 2nd and
3rd sets especially, are way overkill. All 1999 state
quarters? Different 82 cents? You might as well add small
dates, proofs, silver proofs, oh, and all the 2000 state
quarters too, as we all know the century didn't begin
'proper' until 2001... It's way too convoluted.
I like the first one pretty good, because it is simple,
but I still would change plenty about it. The net result
however, would be about the same number of coins.
Edited by ratio411
08/20/2008 11:01 am
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Bedrock of the Community
United States
12437 Posts |
Quote:
Capital plastics alone has three different offerings for 20th century type sets: 28 coins, 37 coins, or 41 coins.
I would have to disagree with using a Capital holder for your set if you are intent on filling it with low grade coins- the least expensive 28 hole set is $50 which is not much less than you would spend for the coins. Whitman makes a 20th century type album(not sure on the number of coins but probably more than 28) for about $20. http://www.wizardcoinsupply.com/pro...y-types.htmlEdited by biokemist6
08/20/2008 12:36 pm
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Pillar of the Community
United States
651 Posts |
Just counting 90% silver (G to VG)....
3 dimes = $8
3 quarters = $17
4 halves = $33
2 dollar coins = $28
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Total $86
I recommend creating your own type set album so you can determine which coins you do or do not want.
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Valued Member
United States
74 Posts |
I'll probably just put my coins into 2x2 flips. It's inexpensive and it allows me to choose which coins to put into my type set. I'm probably going to get coins similar to the coins in a Dansco 7070. I might just make a couple adjustments. Eaglefoot, I like your idea about the State Quarters. |
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Valued Member
United States
74 Posts |
So, which silver coins do you guys think I'll be able to get for about melt value?
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Replies: 20 / Views: 3,142 |
Posted 08/19/2008 8:03 pm
