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I Just Opened Up A Can Of Worms

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Pillar of the Community
sfwusc's Avatar
United States
615 Posts
 Posted 02/27/2009  10:19 pm Show Profile   Bookmark this topic Add sfwusc to your friends list Get a Link to this Message Number of Subscribers
I just purchased a used 7070 off ebay.

Now... I don't really want to just slap some moderns in there. I want it to look nice and done right :).

As anyone done just proofs for a lot of the moderns?

-SFWUSC
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/27/2009  10:44 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Oh, you're all done now, buddy.

There is no "collection creep" in numismatics like the "7070 creep." Whatever you do with it, there will always be the tug of "maybe I should upgrade this one..." So, I'd like to welcome you to the Coin Collecting Poorhouse.

I'm doing mine with the current theme of "$100-ish or XF/AU," but I know better than to think I'll be able to complete it to that standard. I haven't done the Moderns yet, but I'm thinking I'll go MS for them, simply because I don't want to be manually handling Proofs and nice MS Moderns are (in my opinion) more bragworthy than Proofs.
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KenKat's Avatar
United States
4085 Posts
 Posted 02/28/2009  11:25 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I have a combination of proofs and uncirculated coins in place for my moderns. There's a couple of coins plucked from circulation too. I think you can mix and match and have it come out nice.

One thing I have tried to do is to have grades progress. So, as coins go from older to newer, there's a natural progression from toned VF/XF to BU uncirculated or proof. It kind of emphasizes the progression from old to new.

7070 is a lot of fun in my opinion but there's a couple coins in there that - as SuperDave says - are going to put me inthe poorhouse!

Ken
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okie-colin's Avatar
United States
1083 Posts
 Posted 02/28/2009  2:19 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Super Dave is right, you will never be satisfied with this thing. It is never finished. I used proofs for all the moderns because I had proof sets or coins I could crack out and put in the album. The rest of the set I decided on a minimum of VF. Well that didn't last long after I finished the set, and I am now trying for XF minimum, but many of the small cents and all my nickels are now uncirculated. I also have seven of ten of the gold coins in a minimum of AU and I thought I would never add that page. I have also tried to add some high grade toned coins, notably the bust half, and Colombian and Pilgrim commemoratives. My advice is decide on the best grade you can possibly afford, slow down and work on it so you won't have to upgrade it in the future. Whatever the grade look for coins that have eye appeal and it will be a real show piece when complete. Someday I may need to sell the rest of my collection, but the 7070 is going to stay in my family.
Edited by okie-colin
02/28/2009 5:38 pm
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 02/28/2009  10:05 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have added up what I have spent on my 7070 album and I have to say everything that has been said here is true, I have spent more on coins for this one album than I paid for the vehicle that I drive daily and I am talking about thousands more not a couple hundred dollars more. When I started my album I said I would put no coin less than a AU-50 in any slot and they all had to be problem free, and once they are in the hole that is where they will spend the rest of their life as long as they are under my care. I ask you to look for a "Problem Free" classic head large cent in AU-50 or above condition and just look at how much you are going to have to pay for this one coin (I had this hole filled but after allot of arguing with family members over my Grandfathers collection I decided it wasn't worth all the hastle of arguing over it with everyone so it was added back to the estate even though it was given to me before my grandfather had died). Anyway I can tell you even though I said I would not upgrade any coins in the album once they were in the album, there is quite a few in there now that are replacements for other coins that were in the same hole previously. As you grow in numismatics your taste grows also and its hard to be satisfied with a coin that you just don't like the look of even if it meets the grade you were looking for originally when you see another one that would look so much better in its place
Pillar of the Community
Australia
1040 Posts
 Posted 03/01/2009  04:02 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
I know I open myself up to a serious death by stoning, but I have to admit, I just don't like modern proofs. From any country. I know they are supposed to be the pinnacle of collecting, but I don't like them. Too 'perfect', almost 'gimmicky', not enough like circulating coinage to be considered 'right'. I guess that is a weak explanation, but that is the best I can do.

I would go with BU coins for the moderns. However, classic proofs? Now you are talking, absolutely beautiful and true representations of circulating coinage.

OK, bring on the stones.
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Texas Trader's Avatar
United States
250 Posts
 Posted 03/01/2009  07:08 am  Show Profile   Bookmark this reply Add Texas Trader to your friends list Get a Link to this Reply
I am staying away from proofs in my 7070 but that is just my personal preference. I like the challenge of finding a problem free business strike. I am pretty satisfied with the moderns I have but once you start lining these coins up next to each other and you see one as inferior, it can become quite an obsession to upgrade.
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atlashealth's Avatar
United States
1691 Posts
 Posted 03/01/2009  10:55 am  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
beauty is in the eyes of the beholder...behappy!
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okie-colin's Avatar
United States
1083 Posts
 Posted 03/01/2009  11:13 am  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Brian, you have alluded before to previously owning a really nice Classic Head Large Cent. I always wondered what happened and now I know. I am sorry you lost it that way. You and I both know that is a really tough one. I have a 1814 VG-8 in my 7070 that came out of an old ANACS holder, but it is much better than the others I have seen and would cross at a higher grade now I am sure. I've seen a lot of junky ones on ebay lately going for serious money. I bought it in a Heritage auction. My goal was to get one without corrosion and mine is free of that or any other problems. I honestly can't foresee upgrading it even though it is the lowest graded coin in my 7070, but who knows?
Edited by okie-colin
03/01/2009 12:50 pm
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KenKat's Avatar
United States
4085 Posts
 Posted 03/01/2009  11:58 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Okie, you absolutely must upgrade it. And then sell me your old one!

I know - not gonna happen...

Ken
Valued Member
United States
259 Posts
 Posted 03/01/2009  12:15 pm  Show Profile   Bookmark this reply Add chasinva69 to your friends list Get a Link to this Reply

Quote:
Posted - 8 Hr 9 Min ago : 04:02:23 AM
--------------------------------------------------------------------------------


I know I open myself up to a serious death by stoning, but I have to admit, I just don't like modern proofs. From any country. I know they are supposed to be the pinnacle of collecting, but I don't like them. Too 'perfect', almost 'gimmicky', not enough like circulating coinage to be considered 'right'. I guess that is a weak explanation, but that is the best I can do.

I would go with BU coins for the moderns. However, classic proofs? Now you are talking, absolutely beautiful and true representations of circulating coinage.


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BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/01/2009  9:49 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
The 7070 is a great set I love working on mine I have three coins to go. However, I have been looking for a year and a half for those three coins my set is fine to ex-fine. I will say this, once you start this set it will always be a work in progress. You will also learn a lot about the history of each coin it is you set pick the coins you can afford because this set can be a little pricey. I wish you all the best on this set have a good time.

Bruce.
Valued Member
United States
317 Posts
 Posted 03/01/2009  11:48 pm  Show Profile   Bookmark this reply Add Terror Of Zanarkand to your friends list Get a Link to this Reply
The 7070 is quite the challenge. I attempted one, and used a mix of proofs and BU for the moderns, I was trying to keep a fair balance of the different mints if you can believe that. I had a blast with the 20th and 21st century coins, and then I got to some of the 19th Century coins.....and totally lost interest. I just wasn't excited about spending hundreds of dollars on 20 Cent Pieces and Seated Liberty dollars. I ended up selling the album, and most of the coins in it. I wish they'd just do a 20th Century Type album. But to answer your question, I say don't limit yourself to just proofs or just MS. Buy whatever catches your eye for that particular coin. It's next to impossible and EXTREMELY expensive to attempt a matching 7070.
Bedrock of the Community
United States
20753 Posts
 Posted 03/02/2009  7:05 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I've kept away from Albums like the 7070. I make my own type sets. I take Whitman blank album covers, add blank pages, put in what I want, where I want, how many of what I want. I've also made all proof sets, continuous Nickel sets, same with Dimes. It is more fun for me to invent my own Albums.
Valued Member
Davest's Avatar
United States
325 Posts
 Posted 03/07/2009  2:40 pm  Show Profile   Bookmark this reply Add Davest to your friends list Get a Link to this Reply
what is a 7070 collection? I'm thinking 70 coins spanning 70 years?
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wd1040's Avatar
United States
3098 Posts
 Posted 03/07/2009  2:56 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
A Dansco 7070 is the Type collection of US coins, which means one coin from every design ever issued.

The "7070" number has no real significance, only as a catalog number for the manufacturer, Dansco
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