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7070 Project

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jpsned's Avatar
United States
2200 Posts
 Posted 06/07/2011  11:26 pm Show Profile   Bookmark this topic Add jpsned to your friends list Get a Link to this Message Number of Subscribers
I bought a 7070 album about two months ago, and have been gradually filling up the holes (with a lot of help from my good friend ebay).

I came up with a scheme as to how to approach this. I would get as nice a specimen as possible for each type while spending the minimum amount of money. For the modern coins, it's been relatively easy to get Gem BUs for next to nothing. For the classic coins, I've been happy to go down to AU or VF/XF, so long as the coin as plenty of eye appeal.
I've found there is a huge price break between BU and the next lower tier.

My last rule is to try to get the first year of each type when possible--and affordable.

I'm keeping track of the prices I've paid for each coin, and when I'm done, I'm going to tally it all up and see how much it cost me to fill the album.

So... anyone ever tallied up what it cost to fill their 7070?
Valued Member
wolverine's Avatar
United States
277 Posts
 Posted 06/08/2011  12:41 am  Show Profile   Bookmark this reply Add wolverine to your friends list Get a Link to this Reply
I have yet to begin my 7070, but plan to later this year.

My friend Greg has completed two 7070's. One he put $8,000 into (sold it for $11,000), the other $14,500 into and he won't sell it. As you can imagine, they are both impressive looking sets. The latter of the two I have looked at many times and I find it amazing. It took him years to find all the coins but it was worth the wait.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 06/08/2011  12:42 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Mine is over $15000 so far, because I'm constantly upgrading. I probably have another $10000 to go.
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jamesk's Avatar
United States
81 Posts
 Posted 06/08/2011  09:31 am  Show Profile   Bookmark this reply Add jamesk to your friends list Get a Link to this Reply
My set is worth 3,700.00 now. Moderns are either Proof or at least BU. I need the First page of those very expensive coins. I too am trying to get the first years on issue, but some times I have to get the last year coins. It is an on going collection of upgrading. I have been working on this set for 2 years now I have 62 coins in it my oldest coin is a 1833 Dime in AU. Keep at it but it is a challenge.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/08/2011  2:42 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I haven't added up value of mine in about a year but with the gold page the coins in my album had a grey sheet value of close to $20,000.00 worth of coins in it so far. I am sure it has went up since Gold has close to doubled since then
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Scooby Due's Avatar
United States
4000 Posts
 Posted 06/08/2011  2:55 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
I'm at around $7700, but I've only filled 12 slots.
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nod2003's Avatar
United States
3294 Posts
 Posted 06/08/2011  3:31 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I am about $1500 into mine, but I only really have the moderns done and a smattering of everything else. And a lot of those need upgrading.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 06/08/2011  3:48 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I have no idea how much I have into mine, and I'd prefer not to think about it....;-)
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United States
759 Posts
 Posted 06/08/2011  7:13 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
Well, this pales in comparison...2 holes to go (no gold page), the Coronet Half Cent and Seated Liberty w/Motto dollar on which I will probably spend $300-$500. Current retail = $1800. Actual out of pocket = $1300 due to some great buys and gift coins. The 7070 is a set that is quite impressive to me across the whole spectrum of grades. I started with the exact same set of rules as you, obviously that changed.
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KenKat's Avatar
United States
4085 Posts
 Posted 06/08/2011  7:27 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I spent around $3500-4000 on mine, completed last year over about 3 year period. Mine is mostly VF/XF or better, with newer coins being AU or BU.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/11/2011  04:11 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
I have a 7070 album that I just started to fill with VF-XF-AU coins but am not going to record the price of the coins going in it.

I have, however, have a record of the date / mint, grade, date of purchase and purchase price of each coin going into the two Capital Plastics type set holders I am also filling. They are the #460 A & B holders for the 19th and 20th Century type sets. The latter is the older style without the State Quarters. I spent $2,900.00 in completing the 20th Century holder in MS-63+ https://goccf.com/t/86333 and thus far have spent $4,325.00 on the 19th Century type set which will be also in mint state save for the Classic Head 1/2 cent 1808-14 (XF), Capped Bust half (AU), and Seated Liberty dollar (AU). I still have 13 holes yet to fill and I'll easily spend another $5,000.00 - $6,000.00+ to accomplish that.

Ed
ANA LM-3175
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Coinstar's Avatar
United States
1510 Posts
 Posted 06/11/2011  10:11 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
good question but I havent added it up yet
Retired USAF 1983-2003
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/11/2011  10:48 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I just spent 2k on 3 coins for mine today. :D
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/11/2011  11:49 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
I just spent 2k on 3 coins for mine today. :D

I got close to that on 1 One Cent coin in my album, some of those classics even in AU condition can be very costly. I paid more for some of them than I paid for the gold coins in the album. The good thing is the price I paid is less than the coins are valued at and the gold coins I purchased first now are worth three times what I paid for them . I think I paid like 500-600 for the double eagles and one of those were in NGC MS-62 and the other was MS-60 condition
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/11/2011  11:59 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Bryan,

Im preparing my self for that with Seated dollars and Coppers in MS.

: /
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usc96's Avatar
United States
291 Posts
 Posted 06/15/2011  2:14 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
Since it has about 4 ounces of gold, the gold bullion cost would be approximately $6,000.00 by itself.
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