Someone please explain why you collect Type sets?
Manorcourtman
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What's the appeal? Please explain your rational. Many of us appreciate your opinions.
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Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
Liberty: Parent of Science & Industry
Take a look at the evolution of the lowly one cent coin. From a large sized chunk of copper with a rather wild rendition of Lady Liberty in 1793 (some hairdo, huh?) through the Liberty Caps, the Draped Bust, the short-lived Classic Head design (my personal favorite) the matronly "middle dates" to the more refined Braided Hair design ending in 1857, and that just takes you through the "large" cents. The few small cent designs following, and all the reasons for downsizing the cent and the effective demonitization of the the large cents just adds to the fascination for me.
One can, IMHO, observe the same transitions in designs and coin sizes with virtually all of the other US series. And the stranger denominations (from a modern perspective) like the trimes, two-cent pieces, the twenty cent piece which were all short-lived just cause me to want to "dig deeper" into the historic reasons for the use of those denominations.
I've rambled a bit, I'm sure, but I just LOVE trying to build a small, but rather complete history of our own coinage that I can keep in my house, or safe deposit box, and enjoy holding from time to time. Makes me feel ............ I dunno .............. "connected"?
You're now official, Bubba 4/24/04
Tom
You're now official, Bubba 4/24/04
I love that type set. I would like to have one of those. Perhaps after i get my Frankie set done I'll work on a small type set of maybe Halves or something.
PURPLE!
First, I didn't have anything else I could think of collecting. The type set seemed like a logical place to start to get a chance to learn about the different series and "discover" what my likes and dislikes were. I think I would be more likely to get bored, at least as a novice collector, to have the majority of my coins looking the same. The variety is very appealing.
Second, I think type set collecting is a good exposure to the coin market, as I am not focused on one niche. As I am looking for a specific type, I can learn where to find good examples and who has a good variety of coins. So far I have acquired coins from my local coin shop, coin shows, online dealers, and ebay.
Another aspect of type collecting that appeals to me is the idea that was expressed in a previous post. I am getting a "survey" of the history of US coinage and therefore a history of the country. The coins reflect the culture and values of the times.
Liberty: Parent of Science & Industry
It's really hard to beat the looks of a well matched type set.
It's a great way for new folks to start up as well.
Too many get hung up early on one type and later change directions.
A type set is a great goal to start with till the next one comes along
and the next one and the next one
on the subject of upgrades, those who have been here a while know that these coins aren't all the ones that used to be in this book when it was first completed. Upgrading the coins one at a time is one of the most fun things about a project like this, almost as much fun as finally filling that last hole. I've occasionally posted updates where I showed pics of a new coin, and if you look at the pics above, you can probably pick out as well as I can which coins are next due for a bit of an upgrade....
edit: now that I look back on it, a few of them have already been changed, as well as the WR shield nickel put back in. Going to have to make some fresh images! On the plus side, I'm a little better at taking pics now
Liberty: Parent of Science & Industry
Actually, I never really understood why people collect by date and mintmark - but to each his own.
Because a 1953 Franklin looks just like a 1952 Franklin, except the date is different
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since 8/1/6
<< <i>Because a 1953 Franklin looks just like a 1952 Franklin, except the date is different >>
Precisely.
Looks like Baley can't resist a chance to post his type set and put mine to shame.
<< <i>Thanks guys, another answer to the initial query is that I like to collect a type set that can be all laid out with the coins next to each other, so I can see how the designs flowed one into the other. I can compare and contrast the different coins, which to me is much more interesting than going through a series where the only thing that changes is the date. And I prefer an album to slabs or individual flips as a storage method because of the convenience of handling, storing, displaying, and transporting (an album looks just like an ordinary book, to the casual glance) >>
Good answer, Baley!
I have been working on my U.S. type set for 18 years for many of your same reasons. However, the problem for type set collectors is who defines completion of the type set. The Dansco album that you and I own conveniently omits some important type coins I will probably never be able to afford (Chain Cent, 1796 Quarter, Draped Bust small eagle half dollar) unless I buy a Gallery Mint replica for the sake of filling a hole (I have done this, despite the copy of an 18th century design sticking out like a shiny sore thumb in my album). My previous type set album omitted gold entirely but had places for my no stars Seated Liberty Dime and Half Dime and my Flowing Hair half dollar.
The Dansco album also omits $3 gold, which is a coin I would never buy raw. The registry set competitions for complete U.S. type sets include the $3 gold, along with Is there an album "that looks like an ordinary book, to the casual glance" which offers a better compromise between completion and budget?
The complete U.S. Type Set 1792-1964 as defined by the PCGS registry set will always be out of my budget, since I refuse to sell my soul to fund my coin collection, do not have wealthy relatives, and do not play the lottery. This definition of a type set has four distinct half dime types before the first hole in the Dansco album, and includes lots of pricey early gold issues. Some of these high-priced types are historically important as well, and can't be ignored as patterns calndestine issues, so they deserve their place in a complete set.
I would not be as satisfied limiting my scope to 20th century type (which ignores most of my favorite U.S. designs). Instead, I upgrade or add to my type set one coin at a time, as I can, making my own definition of what is essential.
BTW, I have been bitten by the "completist" bug many times, and have enjoyed completing a few "boring" series where only the dates, mintmarks, and minor variities distinguish one coin from the next. At least it's easier to find an acceptable album for something like Barber Dimes than it is to find an acceptable type album.
The types it is missing would probably be purchased certified and best left that way..
For some of the intermediate early minor types, just before the Dansco album but not as advanced as the PCGS set, there's always the Whitman...
edit: and yes, those are replicas in the small eagle dime, quarter, and half dollar holes
Liberty: Parent of Science & Industry
1. Variety. It's a nice diversion from my Morgan collection.
2. Affordable. Most coins are within my budget, especially if I go down a grade and/or buy common dates.
3. The Dansco type album. It provides a nice "road map" and all the coins listed are achievable.
4. It will keep me busy for a lifetime. I will never finish it. Even when I fill all the holes, I will regularly do upgrades.
I was inspired to start my type set after seeing Baley's. And I'm glad I did. It's a great way to enjoy this hobby. Here's my type set so far.
<< <i>Going to have to make some fresh images! >>
Baley, I'm definitely looking forward to seeing the updates!
<< <i>I wish the mint would start going back to having liberty and what not on the obverse of the coins. My Dad had the Joy of carrying around morgan dollars as a kid. All I get is a POS sac dollar that noone seems to want. All the older coins have so much more beauty in designs. the Idea of "make'em as cheap as possible" just doesn't fit with older coinage.
I love that type set. I would like to have one of those. Perhaps after i get my Frankie set done I'll work on a small type set of maybe Halves or something.
PURPLE! >>
????????
I don't get that.....my understanding (I am too young to have carried around a Morgan ) from listening to others and reading is that one of the MAIN reasons that there are so many unc morgans is because they were left in vaults. They were left in vaults due to their value in silver but also due to the fact that most people did not want to carry them around.
So, maybe in 100 years people will be complaining about their current coinage and whining that you had such a nice coin to carry around?
Was there ANY coin that the people of the day genuinely loved to have and carry around? If so, then why did it get changed or removed from circulation????
I think "the grass is always greener" applies in numismatics.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
My PCGS 1792-1964 Type Set
If I had it my way, stupidity would be painful!
That just wont do! Crack it out and give it a spin...
Here's my next type set -- an old Watye Raymond album Type Set
Half Cents
1793
1794
1795-1797
1800-1808
1809-1829
1828 - 12 Stars
1832-1835
1849 large date
1850-1857
1837 token
Cents
1793 - Chain
1793 - Wreath
1793 - Liberty Cap
1794-1795
1796 Liberty Cap
1796 Bust
1797-1807
1808-1814
1816-1828
1829-1834
Flying Eagle
1859 IHC
1860-1864 IHC
1864-1909 IHC
Lincoln Wheat
Lincoln Memorial
Lincoln Steel
And that's just the half cents and cents. There's also a spot for an Isabella Quarter and luckily none for a SBA or SAC. And no gold, but it'll still be extremely challenging.
Michael
I consider it similar to being a time traveler.
It is a way to help keep your budget sane by being able to avoid having to collect complete series.
It allows you to purchase coins in areas that are not "white hot" so that you can purchase coins judiciously.
It allows you to be a card carrying member in all of the cliques that are seen within the internet, actual clubs, etc. You might actually attend some of their meetings and enjoy and learn something.
Once you get pretty far along in your type set you will eventually either expand the type set or want to specialize in a certain series. But that is always optional.
I enjoy the personal aspect of it. All coin collecting is personal of course, and one set of franklines is never identical to the next, but there is a lot more choice in a type set. Let me explain:
If one were to assemble a "set" of say Franklin half dollars (doesnt have to be franklins, just using an example) they'd have to get every date and mintmark, possibly every proof and business strike, or a mix of the two. It's defined rather well. The truly personal aspect comes in the form of toned vs white, strike, full bell, etc.
A type set however, has a LOT more variables to it. You can do first year type, last year type, a mix. I myself am doing "transitional" type, which in and of itself has a million different possibilties. I can choose any year of importance to me, and try to show the most gradual changes in overal design. I can also play around with proofs, MS, toning, and everything else, just like i could in a normal set. To give an idea of what I'm talking about, I'll lay out my basic plan for my type set, which I also house in a dansco album. (lots of cracked slabs laying around the PT household)
I collect first year of issue (where possible) UNLESS:
I'll grab the last issue if another issue was also minted that year. For instance, an 1857 Braided hair large cent instead of an 1840, because it will sit next to the 57 flying eagle cent (two coins of same year) Sometimes it gets a bit more complicated, because three coins will overlap like the half dollars. Lettereed edge AND reeded edge were made in 1836, but lettered edge also overlapped the seated liberty in 1839. Generally in a situation like this, i opt for the more finincially feasible goal, and go with the 1839 lettered edge and 1839 seated half.
I'll collect the last year of issue if the first year doesnt overlap the previous issue, or is otherwise impossibly expensive in the condition I need.
I'll collect the SECOND year of issue, if that is the year the design made a modern change. IE: 1917 type one and type two SLQ. Or 1867 with and without rays nickels. (dont even get me started on the nickels, the overlap there is maddening with the shield two types, liberty head two types, and buffalo two types)
For one year types, or types that overlap with nothing, I'll occaisonally get the rarest, or one of the rarest years in a grade I can afford, instead of the first years. in three cent silvers for instance, I have an 1867 (mintage of 4000) and for the peace dollar hole, i use a 1928 that used to be in a PCGS 64 holder.
some of the guidlines i use for myself. I just have a lot more room to change things to suit my taste that I would if i collected one series.
Eric