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Do you keep more than one example of a date in you Set Registry


I have been collecting certified Lincoln cents for longer than anyone.I began in 1988 at about the time the grading services were learning how to grade coins they had never before seen.
I would keep multiple examples of a coin in the same grade.I still have many today.Otheres I have sold because I was offered a considerable profit or I had to get funds for a coin that I wanted to buy.
Do Set Registry collectors today keep multiple examples of a date ?
Would you keep a coin in a lower graded holder if you liked it ?

Stewart

Comments

  • sonofagunksonofagunk Posts: 1,349 ✭✭
    Sometimes I keep/kept a lot of coins out of simple laziness. Too much effort to sell some of them. Others I kept because I liked them. If I didn't like them I would have never bought them in the first place.

    For my current set, I plan on keeping two of each coin because for this "type" Coin A could be much better than Coin B AND Coin B could be much better than Coin A depending on what traits you are measuring them on

    -sog
  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    Stewart,

    Yes, depending on the series. Each time a pq for grade bust half comes along, I'm interested in buying the COIN, PCGS or NGC. These halves, if original, are tough to find, and I have several duplicates of many dates.

    But not for the Barber halves. The set is complete and all dupes(lower grades) have been sold, for the same reasons as you gave-to make room for something else.

    Also, I have kept many NGC duplicates in the Lib nickels. There are some beautiful toned examples, and some 67's that are great coins, in or out of the slabs.

    But in a tough series, like the Barber quarters(or Barber dimes) it is rare to find and be able to keep the 65's or better in duplicates. They just don't exist. I sold my 01-s quarter in 64 to be able to buy the 65. Bad move, as the 64 has doubled since I let it go.

    I have kept every 1884 Trade dollar that I have purchased.
    TahoeDale
  • WaterSportWaterSport Posts: 6,832 ✭✭✭✭✭
    Stewart, I have the registry set, and a complete raw set in Capital Plastic Boards. The raw set was done first. The registry set was only started so I could get some assurance on the quality/grade of my pre 1930 Lincolns. I had at that time fully intended to crack the little buggers out and upgrade the Capital Board coins. But once I got the bulk of them started, I decided to finish it. I still have some very low graded, pitted, etc coins in the capital boards, But I love them all, especially my 1924 D in AG, I found that in circulation. Many of the coins in the Capital Boards are better than those slabbed. My 1909-1940 Cap board is half unc. and half everything else, including proofs for the 37-40 business strikes. The 1941-74 Board is again, proofs, varieties and all MS 65 or better and many of the 60-70 coins came only from mint sets. With exception of most of the 82 varieties, all coins in the 75 – 2000 board all came out of mint or proof sets. My last board I started last week which will go 2001 – 2009 is the same, all coins came from proof or mint sets.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • PQpeacePQpeace Posts: 4,799 ✭✭✭
    Stewart,
    with my Merc sets, I have multiple coins of many dates.
    I have lower graded dimes that I keep because of beautiful color.
    I have 5 1944-d's in 68fb ...one is blast white,and the others have awesome toning.
    I have dupes of undergraded coins that I will keep until they are in the right holders.
    I have over 200 coins in a 77 piece set....or at least I do now..after the FUN show,I will only have some of my favorites to keep for my color or type sets..
    Larry
    Larry Shapiro Rare Coins - LSRC
    POB 854
    Temecula CA 92593
    310-541-7222 office
    310-710-2869 cell
    www.LSRarecoins.com
    Larry@LSRarecoins.com

    PCGS Las Vegas June 24-26
    Baltimore July 14-17
    Chicago August 11-15
  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Are you kidding??? Saints? I have to rob a bank everytime I want ONE new coin. Multiples are for billionaires...image
    image
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭


    << <i>Are you kidding??? Saints? I have to rob a bank everytime I want ONE new coin. Multiples are for billionaires... >>


    This is funny! image


    << <i>Do Set Registry collectors today keep multiple examples of a date ? >>

    Yes, as mentioned, when the series, date, mm, and most particularly, the coin, makes sense. "Doubling down" when you think you're on the right track seems reasonable.


    << <i>Would you keep a coin in a lower graded holder if you liked it ? >>

    When the series, date, mm and most particularly, the coin, makes sense. "Doubling down a grade" given expectations of grade-flation seems reasonable.

    ...a little bravado, which is cool, but no "put downs". Good thread. image


  • << <i>Do Set Registry collectors today keep multiple examples of a date ?

    Would you keep a coin in a lower graded holder if you liked it ? >>



    Actually, in a couple of cases I have taken a one point drop in numeric grade to place a coin in my Morgan $ registry set because I thought the lower graded coin had better overall eye appeal. One was a switch from MS-64 to MS-63PL and the other was from MS65 to MS64 w/rainbow crescent toning. It's not so much that I care about the overall ranking of the set so much as the degree of completeness that I will be able to obtain. To that end I usually save up the duplicates for a time and then use them as trading fodder when something better comes along.
    1st You Suck - 04/07/05 - Thanks MadMarty!

    Happy Rock Wrens

    You're having delusions of grandeur again. - Susan Ivanova
    Well, if you're gonna have delusions, may as well go for the really satisfying ones. - Marcus Cole
  • DMWJRDMWJR Posts: 6,008 ✭✭✭✭✭


    << <i>Are you kidding??? Saints? I have to rob a bank everytime I want ONE new coin. Multiples are for billionaires... >>





    << <i>Do Set Registry collectors today keep multiple examples of a date ? >>



    Who me?image




    << <i>Would you keep a coin in a lower graded holder if you liked it ? >>



    Absolutely!


    Doug
  • badgerbadger Posts: 1,217 ✭✭✭
    I definitely keep spares and lower graded coins in my registry series. The 'undercoins' typically have excellent eye appeal or are scarce varieties. I hold many of the early 1950's cam/dcam proofs that I believe will continue to increase in value. I also hold spares that are toned even if not even close to registry level. I am trying to put together a set of toned proofs.

    Badger
    Collector of Modern Silver Proofs 1950-1964 -- PCGS Registry as Elite Cameo

    Link to 1950 - 1964 Proof Registry Set
    1938 - 1964 Proof Jeffersons w/ Varieties
  • I often have a nicely colored toner and a PL/DM white mirrored example of same date in my Morgan set.image
    morgannut2
  • yes I like to keep several of some of my mercs .like the 18d 16d and 19d and the 21d
    and a few of the later dates that have nice color regardlees of grade
    Tim
    LOOKING FOR 1931-s merc that is nice for the grade and fb
  • I am a collector of Canadian coins, and have a perverse satisfaction in knowing that I own all four of the top graded coins of one date. It is a pop 4/0 finer, and I have managed to get all of them. Then to add to the fun, I have now bought many of the coins in the next lower grade. I don't know why I love it, but I do. image



  • I have been collecting certified Lincoln cents for longer than anyone.

    Uhhm Stewart, excuse me, but I think you KNOW that I have been collecting certified Lincolns for about the same time, maybe earlier than 1988image.

    Anyway, yes, I would and will collect doubles/triples if the coin is right.

    Jack
  • MadMonkMadMonk Posts: 3,743
    I have numerous examples of many dates in my Franklin Set.
    Today's mighty oak is just yesterday's nut that held its ground.
  • DennisHDennisH Posts: 13,996 ✭✭✭✭✭
    I have lots of extras.
    When in doubt, don't.
  • Yes Stewart I do also. I just added a Blood Red Toned Obverse 1934 P Lincoln to my Red White & Blue One per date set. This coin has a couple of contact marks on the Obverse but SCREAMS out with awesome strike and color for a MS-64 Red. The color blows away my MS66 Benson Collection Lincoln which is in my other sets (which is undergraded). The 64 has a 67-68 reverse but didn't help in the final grade. Also have a drop dead gorgeous MS-64 Red 1936-D in the RW&B set also that is much nicer than the two 66's I have in my basic and Variety sets. I decided to make the RW&B set my fun set, as I put the best looking coins, even the Brown desingated BLUE coins,(1910,1913,1931-S), which are much Bluer than the Pictures show. That's what collecting is supposed to be about having fun. Since I started adding the 64's the set has dropped a couple of set's in the rankings but I could care less. At least the coins BEAUTY can be shown for what they truly are TRUE TREASURESof History.imageRed White & Blue One Per Date Set W/Photo's
    Enjoying time at home with the family now is my full time passion.

    rabbitracks toned showcase set
    myurl
  • depends on how many VAMs there are for that year as to how many duplicates I will haveimage
    steve

    myCCset
  • orevilleoreville Posts: 12,024 ✭✭✭✭✭
    << Do Set Registry collectors today keep multiple examples of a date ? >>

    Yikes! I call them part of my various grading sets!!! They are NOT called multiples.
    A Collectors Universe poster since 1997!
  • raycycaraycyca Posts: 1,655 ✭✭✭
    I'm not a big time collector. BUT, I DO have many spares in my series. I have given enough "spares" to my son and he has almost completed a set along with a few purchases using my ID. I still have another toned set that I'm building in my series, a grading set in MS grades, AND, MANY duplicates in some years. Sometimes there are BIG differences in the same grade, some dates I suspect are a LOT harder to get and hold on to those I get. I have given away many to a few fellow collectors, YN's, etc. A know a few "collectors" that also collect years of certain sets to hoard, "just in case". Two people have told me they have been hoarding certain coins with smaller POPs in hopes to be able to control the markets for those coins. I don't know if they have been successful or not. If you had enough money, I suppose this might be a way to make even more money. That's just my fifty cents. Ray
    You only live life once, enjoy it like it's your last day. It just MIGHT be!

    image
  • RGLRGL Posts: 3,784
    Well ... I have four 1938-64 Jeff proof sets registered and could put up a couple of more ... hoarder, I guess. I like the upside potential on these coins, particularly as cheap as I am and my desire to score on raw acquisitions...
  • DrPeteDrPete Posts: 1,497 ✭✭✭
    My duplicates wax and wane. Right now my barber halves are limited to my main set and a few duplicates. The addition of the Hugon coins to my set necessitated selling off of many of my favorite duplicate coins, but I had to do it. Last to go were the PL coins that I hated to part with. Still have three micro O halves in VG8, VF 25, and the registry set MS 63, all PCGS.

    I could envision buying duplicates once again as nice coins become available and my resources allow.
    Dr. Pete
  • CameonutCameonut Posts: 7,308 ✭✭✭✭✭
    I keep a number of duplicate examples. Some of my favorite coins are not necessarily in the highest graded holders. I still have an extensive collection of raw coins that someday will get holdered when I decide to sell.

    For example, I have a super 1951 Franklin with superior contrast, but only grades 63 cameo. Same for a 1960 Washington - outstanding eye appeal, but only grades 66 deep cameo.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    I keep more then one example of some coins in my dime set. I like keeping coins that I feel are undergraded. It was tough to come up with my 16-D, so I had to get rid of my two lower grade ones, so I would have a down payment. I'm glad I did it, but I would of held the two lower grade coins if I could have afforded it.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • garsmithgarsmith Posts: 5,894 ✭✭
    Yes, I do

    link

    Take a look at the 34-D and the 35-S

    I am going to start doing the same with my Morgan and Peace VAM's
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    I usually sell or trade before or after to finance upgrades. If I have duplicates, I conside them for sale, even if I haven't gotten around to actively marketing them.



  • If the coin is a beauty and the price is right, I don't care if I already have one. I'll buy another.
  • I am addicted to beautifully toned Morgans. Unlike many collectors of toned Morgans, I actually care about the date & mintmark on the underlying coin, and I am doing the complete set. But each colorfully toned coin is completely individual, so they don't seem like duplicates. Maybe that's why I own (4) 1878-CC, (3) 1898-O, (3) 1898-S, (3) 1899-O, (4) 1887, (3) 1880-S, (3) 1885-S, (3) 1892-CC, and on and on and on !!! But although I can acknowledge intellectually that they are duplicates and should be sold, I can't seem to part with any.

    In other series, it might be cool pedigrees - for example, I have the 1909-D quarter ex Hugon (now MS67), and another MS66 ex Krueger (another great Barber quarter set). I can't stand to give up either one !!!

    Best,
    Sunnywood
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Honest to goodness original and choice seated type (quarters and halves in particular) are far and few between, esp. the no motto and better types. If I find a nice example it doesn't matter if I have one or two already. I have 3 - 1840 halves (2-65's and 1-64) and a pair of PF65 1865 halves. They all came along at the same time, I liked them, and bought them. If 5 more like those came along, I'd buy them too. I need some bust halves at the moment and finding even 1 coin is a major undertaking. If 5 of those came along, I'd buy them too. No such luck though.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • I began collecting coins as a kid in the early sixties, and I've never sold a coin in my life.

    (In case you couldn't guess) I'm delighted to hang onto PCGS-slabbed beauties even when they're a tad under-graded, and even when I have other slabs bearing the same date and mint mark with a higher grade. (Of course, I only list in the registry the pieces with the highest grades for any given date.)

    As they say, "You can't be too thin, too rich, or possess too many collectible coins." I don' know about the first two, but the third one is right on target.

    image
    "Coin collecting problem"? What "coin collecting problem"?
  • MrEurekaMrEureka Posts: 24,301 ✭✭✭✭✭
    Sometimes, the only way to coax a collector into selling a coin is to offer a trade. I keep important duplicates as "hostages" to be traded away in such emergencies.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • No spares, being a type collector I have no two coins the same size with the same face.
  • Stewart,
    Yes I do keep coins of lower certifed grades as I feel many are nicer than some in higher graded slabs.
    Collector Of Indian Cents!
    Fly-In Club
    My PCGS Registry Sets
  • DennisHDennisH Posts: 13,996 ✭✭✭✭✭
    Having duplicates is part of having a Registry set. I have a bunch now, and I'm looking forward to having more.
    When in doubt, don't.
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