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Question For Set Collectors Of Classic US Coinage (Set Grading Standards)

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TypesetCollector's Avatar
Canada
61 Posts
 Posted 05/04/2021  3:49 pm Show Profile   Bookmark this topic Add TypesetCollector to your friends list Get a Link to this Message Number of Subscribers

Im struggling ATM. This is a great problem to have.

I would like to start a set. Possibly Peace dollars every year and mintmark, not including the various die varieties. The seemingly small issue is that I'm unsure if wether or not I should be aiming for a consistent MS64 grade across the board or say aim for a MS set. Whats you're set building strategy and how do some of you approach set building with higher grade coins?

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nfine's Avatar
United States
3470 Posts
 Posted 05/04/2021  5:07 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
If I were putting together such a set, I would concentrate on being consistent with eye appeal within a range of grades. For example non-toned coins in the MS64-66 range.
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John1's Avatar
United States
56855 Posts
 Posted 05/04/2021  5:17 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Find out what the most expensive coin is in any given set,then settle on the highest grade you can afford for that coin and then get the rest of the set in that grade.
John1
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TypesetCollector's Avatar
Canada
61 Posts
 Posted 05/04/2021  7:24 pm  Show Profile   Bookmark this reply Add TypesetCollector to your friends list Get a Link to this Reply

Quote:
If I were putting together such a set, I would concentrate on being consistent with eye appeal within a range of grades. For example non-toned coins in the MS64-66 range.


This is very close to what I was thinking. I was actually originally planning on sticking with MS 64 as the overall grade and as close to blast white untoned as possible with no spots. darn I do sound picky.
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TypesetCollector's Avatar
Canada
61 Posts
 Posted 05/04/2021  7:26 pm  Show Profile   Bookmark this reply Add TypesetCollector to your friends list Get a Link to this Reply

Quote:
Find out what the most expensive coin is in any given set,then settle on the highest grade you can afford for that coin and then get the rest of the set in that grade.


Last I checked the most expensive coin in MS 64 is around $6k if I'm not mistaken. I think I can build the entire set in MS 64 for around $15k with some patience.
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Winesteven's Avatar
United States
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 Posted 05/04/2021  10:49 pm  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply

Quote:
Find out what the most expensive coin is in any given set,then settle on the highest grade you can afford for that coin and then get the rest of the set in that grade.
John1


I respectfully disagree (but this is a subjective issue). While you should buy the key date(s) in the grade you're comfortable affording with the eye appeal you want, why handcuff yourself to lower grades on the other dates? I like the eye appeal you're seeking, but dates like 1923 and 1925 are affordable in MS66 or 66+. Those can be blast white luster bombs, and also free of the distracting marks on the cheek and fields that will be present on MS64's. Buy beautiful coins that you can afford, even if the grades vary!

See my 1925 below.

That's my Two Cents worth.

Steve


Question-For-Set-Collectors-Of-Classic-US-Coinage-Set-Grading-Standards
Question-For-Set-Collectors-Of-Classic-US-Coinage-Set-Grading-Standards
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
Edited by Winesteven
05/05/2021 12:55 am
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TypesetCollector's Avatar
Canada
61 Posts
 Posted 05/05/2021  07:31 am  Show Profile   Bookmark this reply Add TypesetCollector to your friends list Get a Link to this Reply
Fantastic looking coin! TBH I just havent bought too much due to the fact that so many coins on ebay are just lacking in the eye appeal department. I would prefer luster and strong strike in return for some marks but uneven toning and spotting is a no no for me. So you can imagine that I have literally looked at hundreds of coins from this series in MS 64 or better and very very few of these coins meet my criteria. Perfect looking coin with some carbon spotting nope, no carbon spots but yellow uneven toning nope, etc etc. You get the picture.

I might have to start branching out and looking at dealers who are selling through their websites.
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Winesteven's Avatar
United States
697 Posts
 Posted 05/05/2021  08:00 am  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply
I'm not sure if the rules allow me to say the following, and if not, the Moderator should take down/erase this reply.

A LOT (no pun intended) of sub $1,000 Peace dollars appear weekly on Great Collections. You can also use for free collectorscorner.com, where hundreds of dealers post their inventories and prices, and you can use the filters to drill down to what you want (but there is no filter for eye appeal).

Happy Hunting, and continue to be patient.

Steve
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
Valued Member
TypesetCollector's Avatar
Canada
61 Posts
 Posted 05/05/2021  08:08 am  Show Profile   Bookmark this reply Add TypesetCollector to your friends list Get a Link to this Reply

Quote:
I'm not sure if the rules allow me to say the following, and if not, the Moderator should take down/erase this reply.

A LOT (no pun intended) of sub $1,000 Peace dollars appear weekly on Great Collections. You can also use for free collectorscorner.com, where hundreds of dealers post their inventories and prices, and you can use the filters to drill down to what you want (but there is no filter for eye appeal).

Happy Hunting, and continue to be patient.

Steve


Thanks Steve
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