#1192624 - 05/08/0612:28 AMRe: What You Need to Know: Thoughts on the US Type Set
Can you get Grey Poupon at a baseball game?
FACT if I stop posting, trillions and trillions of transistors would be out of work.
Loc: near NYC
Interesting thread, and excellent too. I offer a variant on Type Set building...
I have formed several complete (minus the real stoppers like a 70S dollar) marathon sets - classic and modern - and begun to realize that it's frustrating to have to buy a coin just to fill a hole. Take a MS61 1859O dollar - who'd care about that?!? Plus, it's a bit monotonous to look at an entire run of Seated Dollars. (Yeah, I actually do know how each date should differ in terms of appearance, but after a while it gets very boring anyway!)
What I do now is to go after noteworthy coins only. For example, for my Seated Half "set", I have only a few coins. But, these coins are key dates only, with the highlight piece being a high-grade circ key that has 2 attractive chopmarks! My sole Lincoln cent representative is an SVDB in 65BN that is vividly and attractively colored. (Always wanted one as a kid, but never could afford one!) My sole classical commem is a MS64 Lafayette with attractive peripheral toning (a huge jump in price at 65!). And, the core of my Capped Bust set has the Russ Logan provenance.
No longer will I spend my time and money on non-descript coins. They tend to be lousy investments financially and in terms of personal appreciation and enjoyment.
I have never lived in Spokane, nor do I like skulduggery and chicanery. I do, however, like to take my meds and avoid acting like an old fool.
Tom and Victor - THANK YOU! As one of the people that just started this very type set, your posts read as if they were written just for me! Packed full of information and a little encouragement too. What more could you ask for? I'm in Lex. right now but I am so glad I took the time to check this site - I have bookmarked this page for future reference!
Loc: St. Louis, MO
Tom, this was undoubtedly one of the finest posts I've read in a while, and thank you for the obvious time and care in writing it.
I happen to enjoy collecting both sets and type coins, and so have benefitted from pitfalls of both. Your article should go a long way toward helping new collectors avoid some of those traps.
One tidbit of advice I would offer to those who use albums of the type with clear plastic slides (including Dansco): leave the slides protruding slightly when you store the albums. That way, if you need to remove it, it can be extracted by simply pulling on the protruding edge. If you insert the slide all the way in, you are obligated to push down on a window area - which will be directly above a coin. That runs the risk of imparting slide-marks on the coin. I've always been extremely careful about this, and believe that I have never caused slide-marks on any coins - and some of them are MS-67/68 and PR-68/69 crack-outs!
I'd like to thank everyone for the kind words about the thread and also for their participation in the sharing of experiences. Also, Victor deserves enormous kudos for posting so much useful information regarding this issue.
Similar to some of the other folks who post here, I also have a type set on the NGC Registry. Mine is here and will never crack the very top of the category. It is a fun set and is also a fun way to attempt to share knowledge.
_________________________ Tom Posts are based on experience and are opinion only. Experiences and opinions of others may differ.
Loc: Big Sky Country
Tom and Victor - Superb! Both of you articulated well a great diversity of important points regarding type collecting. Thanks for taking the time.
I also appreciate EVP's comment, "No longer will I spend my time and money on non-descript coins. They tend to be lousy investments financially and in terms of personal appreciation and enjoyment." Both Tom and victor also talked about this in their own way. Composing the set of decsript coins can be accomplished in any grade, and the resultant assembly will be an artform of continuity, as such.
My current approach to type collecting is found in my Transitional Pieces of 1836-40 Signature Set.
Edited by Hoot (05/09/0603:15 PM)
_________________________ I beg you to have patience with everything unresolved in your heart and try to love the questions themselves, as if they were locked rooms or books written in a very foreign language. Donít search for the answers, which could not be given to you now, because you would not be able to live them. And the point is, to live everything. Live the questions now. Perhaps then, someday far in the future, you will gradually, without ever noticing it, live your way into the answer. ~Rainer M. Rilke