| Author |
 Replies: 9 / Views: 1,194 |
|
|
Valued Member
United States
187 Posts |
I hear a lot of talk about type coins. What exatly is ment by this?
Thanks
|
|
|
|
Valued Member
United States
377 Posts |
Depending on the set It is an individual coin of either mint and year A 20th century type set consists of 1 coin of each Type made between 1900 and 1999 such as Indian Head cent, Linclon Wheat, Lincoln Steel, And Lincoln Memorial V nickel, Buffalo nickel, ETC. |
|
Pillar of the Community
United States
1882 Posts |
When you get a "type coin", you aren't necessarily concerned about the date (and mintmark) of the coin. So let's say you would like to have one Liberty V nickel...you decide on the grade and quality you want, and find a good example for your collection. Then there is the concept of type sets. You could go with a type set album, such as a Dansco 7070, which has places for all the US types of coins for the 19th and 20th centuries. Or, as wif99 mentioned, you can go with any type set you want. Examples: a 20th century type set. Or, you might want to make a type set consisting of nickels only: one of each type of nickel ever minted in the US. You make the rules. Would you put both a regular Jefferson nickel and a silver Jefferson nickel in your nickel type set? Would it include both a business strike and a proof? Hope this helps. |
|
Bedrock of the Community
United States
20753 Posts |
As already noted that a collection of type coins is just what that says. One type of each coin. If you go to a coin store or visit coin supply places on line you could ask for type coin albums or displays. One really nice display one is that 20th Century set in a plastic case for wall or table display purposes.
|
|
Pillar of the Community
United Kingdom
1077 Posts |
Just to clarify, a 20th century type set would be coins dated between 1901 and 2000 inclusive.
|
|
Valued Member
 United States
187 Posts |
So when dealers talk about Type coins being really hot right now. What do they mean
|
|
Valued Member
United States
164 Posts |
I don't know if this exactly right. But I believe what dealers mean by type coins they are referring to the older coinage (ie barbers and later) that generally are pricier examples even in circulated condition. Or it is a high grade example of a specific issue and would make a great example of the type for a "type set".
|
|
Moderator
 United States
23522 Posts |
Quote:
But I believe what dealers mean by type coins they are referring to the older coinage (ie barbers and later) that generally are pricier examples even in circulated condition. In dealer-speak, a "Type Coin" is generally an older issue in relatively high grade, not necessarily a rare example but something nice enough for you to own if you're going to only own one of that issue. It's more about condition than rarity. |
|
Valued Member
United States
187 Posts |
|
|
Pillar of the Community
United States
1691 Posts |
It's easier to put together a type set than collect each date for the older issues bust coins 1800-1838 Seated coins 1839-1891 etc That's why type coins are hot in the market place now... back in the old days...it was easier to go to the bank and find older coins in rolls or get silver dollars from grandma! |
| |
Replies: 9 / Views: 1,194 |
|
Posted 04/03/2009 10:50 am
