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Is There Any "Best" Way To Work On A Graded US Type Set?

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Snobro110's Avatar
United States
137 Posts
 Posted 02/24/2024  9:38 pm Show Profile   Bookmark this topic Add Snobro110 to your friends list Get a Link to this Message Number of Subscribers
I've been slowly working on a graded U.S. type set and wanted to see if anybody had any advice. Or, if it's as simple as purchasing the coins you need. I'm unsure if there's a good or bad way to create it. I have a pretty low budget (under $250). If there is help to give, thanks!
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HondoB's Avatar
United States
25030 Posts
 Posted 02/24/2024  10:56 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Exactly what kind of type set are you assembling, Snobro110? $250 won't get you far with slabbed coins, unless you mean $250 each.
Inordinately fascinated by bits of metal with strange markings and figures
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TimNH's Avatar
United States
416 Posts
 Posted 02/24/2024  11:11 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
For a type set (which is how I collect) everyone advises to get the best coins you can so that the theme is coherent, each coin adds to the story, each one calls to you in some way that others do not. My big mistake was gobbling up stuff too quickly trying to fill the slots like it was a race, and then later being disappointed and needing to upgrade. Get a 'keeper' right up front.

I am guessing you mean $250 per coin, which means you can put together a very nice set, but won't get the very earliest stuff like 1793 copper or 1795 silver (or the golds, or the crazy-rare stuff). I started off intending to keep costs low, but then you can always stretch just a bit more and get one more cool type .. and down the rabbit hole you go.

Finally, define for yourself what is a type and what is not. Arrows/no arrows? Motto/no motto? Copper vs bronze? Keep posted!
Edited by TimNH
02/25/2024 11:06 am
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chirrrs's Avatar
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164 Posts
 Posted 02/25/2024  12:43 am  Show Profile   Bookmark this reply Add chirrrs to your friends list Get a Link to this Reply
I would suggest doing careful research before any major purchases. It's easy to get burned when you're starting off and that can be discouraging.
Edited by chirrrs
02/25/2024 12:53 am
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jacrispies's Avatar
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 Posted 02/25/2024  02:00 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
$250 Type Set is impossible. $250 each coin is doable. You should clarify what kind of type set you are doing. 20th Century, Dansco 7070 style, complete type set, etc.
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Snobro110's Avatar
United States
137 Posts
 Posted 02/25/2024  8:20 pm  Show Profile   Bookmark this reply Add Snobro110 to your friends list Get a Link to this Reply
Well, my plan is to start small. I would probably get a couple coins for this type set this year. I still need to think about exactly what kind of type set I'm aiming for. My budget will increase in the years. I don't wanna rush this, either.
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Coinfrog's Avatar
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94367 Posts
 Posted 02/25/2024  8:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
What sort of type set are you hoping to put together for $250?
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 Posted 02/25/2024  9:37 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
$250 graded type set?

Not happening unfortunately.
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Snobro110's Avatar
United States
137 Posts
 Posted 02/25/2024  10:38 pm  Show Profile   Bookmark this reply Add Snobro110 to your friends list Get a Link to this Reply
The budget is $250 per coin. I don't see myself putting an insane amount of effort into this. Just a fun side project for now
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NumisEd's Avatar
United States
5177 Posts
 Posted 02/25/2024  11:21 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Regardless of what kind of Type Set you want to assemble, I would go for a uniform "look". That is, that the coins are all circulated, all AU, or all Mint State.
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hfjacinto's Avatar
United States
7273 Posts
 Posted 02/26/2024  08:41 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
You can check out mine in the below links. My budget was $300 per coin and I went over 6 times so far. The last 3 coins I am missing are ugly in prices around $600 so I kind of stopped.
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Catbert's Avatar
United States
72 Posts
 Posted 02/29/2024  5:55 pm  Show Profile   Bookmark this reply Add Catbert to your friends list Get a Link to this Reply
If you decide on a basic type set (see registry examples), I suggest that you try to break down the challenge into small milestones. For example, perhaps start with a denomination you like best or the design you like best in all its denominations.

I too felt type collecting was the way to go, but discovered that there were certain coin designs and denominations that did not make me excited to own. It was then a burden to fill a type hole vs a joy of owning something that excited me.

My advice is to not let the "set" drive your enjoyment (unless all the variety does provide the thrill). Collect what you like and don't be surprised if your tastes change over time and you decide to go in a different direction with the hobby.
Edited by Catbert
02/29/2024 5:56 pm
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ExoGuy's Avatar
United States
4415 Posts
 Posted 02/29/2024  7:50 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Given your current budget, I'd humbly suggest starting with 20th century type coins and up. You could assemble a very respectable, high grade type set for starters. As your budget is expected to increase in the years ahead, you might then start adding the major 19th century type coins.

Regarding storage and display, many type collectors get locked into filling the popular Dansco 7070 albums or Capital Plastic holders. That said, since you are planning a long journey and aren't in a rush, consider housing your collection in cheap folder for starters and later perhaps purchasing a "hole-free" chest with slide-out trays. This allows for easy modification should you later choose to add, insert, minor type coins.
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fenton's Avatar
United States
4989 Posts
 Posted 03/01/2024  5:56 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Seems impossible at $250 a coin. You can get a nice variety of types but for example to get a Flowing Hair Silver Dollar the minimum price is going to be around $3,000 and that's for the ugliest example. The gold coins are also almost all higher due to the melt value.
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