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***I'm going strict "Box of 20" and it's tough!***

SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
After a lot of thought, I'm going strict "Box of 20." My "problem" is that I have too many great coins (it's a rough predicament to be in!). Picking and choosing which ones to part with has been very tough....like saying goodbye to a close niece/nephew to make room for another daughter/son. (you can see a couple of my "nieces/nephews" on the BST now if you're interested in some dang pretty coins..AND A COUPLE OF THEM MAY EVEN QUALIFY FOR A BOX OF 20 TO SOMEONE ELSE, DEFINITELY SUPERB COINS......shameless image)

I managed to sell a couple, combine the profits, and buy a really nice toned cameo seated dime that I posted earlier. Now I'm grinding my teeth trying to whittle my toned Morgans down to 8....I've somehow decided that The Box will be 40% toned Morgans....don't ask me how! A couple monsters will need to be sold to make room for a mega-monster. That leaves 6 spots (30%) for sweet toned commems, 2 spots (10%) for ultra cameo dmpl Morgans, 2 spots (10%) for stunningly toned dimes and 2 spots (10%) for miscellaneous killers (one of which is already filled by a spectacular, jaw-droppingly toned Mexican peso of all things).

Once The Box is finished, at some point I'll pull it out of the old SDB and think, "time to mix things up AGAIN!" Two things are certain: it takes A LOT to make The Box, and The Box will only get better with age. image And I'm having fun.

ANYBODY ELSE WANT TO SHARE THE COMPOSITION OF THEIR BOX OF 20?







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Comments

  • TomBTomB Posts: 21,644 ✭✭✭✭✭
    I wish you good luck on your chosen journey. I have written it before, but I will write again, that I have a theoretical Bo20 built out of coins in my collection. However, this theoretical Bo20 is not yet filled and contains something like 17 or 18 coins at the moment. I would have to be darn certain about my goals if I were to take the plunge and actually sell off coins that are not in that Bo20.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • coinlieutenantcoinlieutenant Posts: 9,317 ✭✭✭✭✭
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    Not Pictured:
    1837 PCGS XF45 RE Half Dollar
    1809 20 Batz Swiss
    1910 PCGS VF30 Barber Half
    1904 PCGS VF35 Barber Half
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    coinlieutenant, now that's what I call answering my question! Simply awesome!
    image
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  • fcfc Posts: 12,793 ✭✭✭
    i choose not to go the box of 20 route because i collect only one series seriously.
    good luck to you on a really neat way to collect coins!
    who wants an accumulation?!? i sure would not.

    when it comes time to sell your box of 20, each coin will be in its own lot! ;-)
  • mach19mach19 Posts: 4,002 ✭✭
    Those are very nice coins!!! Let me be the First, YOU SUCK imageimage
    TIN SOLDIERS & NIXON COMING image
  • dohdoh Posts: 6,457 ✭✭✭
    I don't understand the point of a box of 20. Is it supposed to be just 20 of the highest end coins one can afford and that's it? Sell off others to find 20 that fit into this scheme? I just can't make sense of it.
    Positive BST transactions with: too many names to list! 36 at last count.
  • RTSRTS Posts: 1,408
    I am leaning with extreme prejudice toward a box of twenty consisting of...

    Capped Bust Quarters open collar (10)
    Middle Date Large Cents (10)

    ...I have started thinning my Middle Date collection to pursue the above endeavour.
    image
  • fcfc Posts: 12,793 ✭✭✭
    I don't understand the point of a box of 20. Is it supposed to be just 20 of the highest end coins one can afford and that's it? Sell off others to find 20 that fit into this scheme? I just can't make sense of it.

    The box of 20 really does commit oneself to high quality. It tries to have the collector stay away from quantity
    and especially ho-hum boring coins that can be bought any day of the week.

    It narrows the collector into a crevice of trying to determine the coins they really like the best.

    If you have 25 coins then yes, you should liquidate 5 of them and set that money aside for
    when you find a truly PQ coin you love. Then buy it and get rid of one of the original 20. This
    way you set gets refined into something really special.

    quality over quantity is the motto to live by in the box of 20!
  • JJMJJM Posts: 8,047 ✭✭✭✭✭
    be glad to help ya wittle down the toned Morgans !, any 86's !
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • rwyarmchrwyarmch Posts: 1,010 ✭✭✭✭
    My box of 20 is for George III coppers. I've had most of these pieces for many years and don't actively collect
    in this area anymore. However, if something quite special comes along, whether an upgrade or something new,
    I usually have in mind what piece will have to go. Next on the chopping block will be a 1790 Droz halfpenny,
    which although graded PR66, isn't nice enough to stay in the box.



    Box of 20 George III coppers
  • ElcontadorElcontador Posts: 7,579 ✭✭✭✭✭
    If I had to limit my coins to a Box of 20, I would rarely find anything worth buying. The coins I have which would qualify for the 20 by my standards are pieces that each have taken between two and four years to find. No thank you.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    "ANYBODY ELSE WANT TO SHARE THE COMPOSITION OF THEIR BOX OF 20?'

    I'll share for my 2000th post when I post obv. and rev. of my box o' 20.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    SeattleSlammer - You can always do a "Box of 50".

    Buyer and seller of vintage coin boards!
  • TomBTomB Posts: 21,644 ✭✭✭✭✭
    I find it interesting that so many folks on these boards either have a strong dislike to this concept when it is not even applied to them or openly question how others might collect in this manner. Thus far in this thread it has not happened to any great extent, but it seems that these threads divide into two camps. I primarily like better date coinage, superbly toned coins and early Federal, circulated, problem-free pieces. I don't collect modern proofs, high grade classic commems, blast white nineteenth century type coins, bullion issues, complete sets or many other niche areas, but I don't believe I would presently question why others, armed with knowledge, might want to collect in these niche areas. This appears to be at least the fourth hot button collecting issue for these boards, which follows such threads as toned vs. white coinage, modern bullion issues and collecting finest known encapsulated coins. It is a mystery why this concept of a Bo20, which can be applied to any niche and any budget can fuel such dislike.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>can fuel such dislike. >>


    For the record, I wasn't questioning why people do it, I was questioning what it was. I had never heard of it before joining these boards. But, as long as you brought it up, Tom, it's not something I would do. It seems odd to limit yourself to anything when collecting, but hey, whatever floats your boat. 20 is just so arbitrary. Why not have a box of 1? Or a box of 50? Or a box of everything like Eliasberg? I like PCGS, but it's amazing a collecting niche got named for their box.
    Positive BST transactions with: too many names to list! 36 at last count.
  • IGWTIGWT Posts: 4,975
    You can have it all. There are 18 years in the Shield 5c series (including the two proof-only years). Add one of the wild 1866 RPDs at the beginning, one of the 1883/2 overdates at the end, and there you have it. image
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    Thanks for all of the thoughts. I liked TomB's comment that a Box of 20 can be applied to any budget and niche. That does well to sum up the concept. It certainly won't be for everybody....to be honest, I'm still in process so maybe I'll get down to 20 and think, "forget this!, I want that and that and that and that........."

    But it does make you sacrifice very good for great and sacrifice great for unbelievable!

    mhammerman, I look forward to those pics upon reaching your 2000th post!

  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    I love the concept. I would much rather have 10 really cool coins than 50 so-so ones.

    At present I have:

    2 matte proof lincolns
    4 proof indian cents (will probably sell a few of these as time goes on)
    3 MS indian cents
    1 proof half cent
    1 pine tree shilling
    3 large cents (subject to change)
    3 half cents (subject to change)

    coinimaging.com/my photography articles Check out the new macro lens testing section
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    I'd be lucky to narrow it down to a box of 20# image


  • << <i>I love the concept. I would much rather have 10 really cool coins than 50 so-so ones.

    At present I have:

    2 matte proof lincolns
    4 proof indian cents (will probably sell a few of these as time goes on)
    3 MS indian cents
    1 proof half cent
    1 pine tree shilling
    3 large cents (subject to change)
    3 half cents (subject to change) >>



    Based on my rudimentary calculations, it sounds like you need 3 additional coins.

  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭


    << <i>Those are very nice coins!!! Let me be the First, YOU SUCK imageimage >>



    ...and let me be the Second.imageimage
    image...There's always time for coin collecting. image
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭


    << <i>

    << <i>I love the concept. I would much rather have 10 really cool coins than 50 so-so ones.

    At present I have:

    2 matte proof lincolns
    4 proof indian cents (will probably sell a few of these as time goes on)
    3 MS indian cents
    1 proof half cent
    1 pine tree shilling
    3 large cents (subject to change)
    3 half cents (subject to change) >>



    Based on my rudimentary calculations, it sounds like you need 3 additional coins. >>



    I guess that you'll have to help me fill those spots.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    Having an open spot is a good thing.
    It's hardest when you don't have any openings and have to kick one (or more) out to make room for something even better! image


  • << <i>I don't understand the point of a box of 20. Is it supposed to be just 20 of the highest end coins one can afford and that's it? Sell off others to find 20 that fit into this scheme? I just can't make sense of it. >>



    The concept's origins can be traced back to that most revered and venerable of numismatic artifacts, the PCGS plastic storage box which holds 20 slabs.

    Various other concepts did precede it, however. The first, from caveman days, was the box of one, or more correctly, the hand of one. A few centuries later, this evolved to one in EACH hand, and was called the hands of two.

    Come the industrial evolution and mass manufacture of articles of clothing, especially Levi's jeans, the idea became the pockets of four. Once the little coin pocket in the right front pocket became standard, the pockets of five coin collection was born.

    And now the idea has come to it's logical and pentultimate conclusion. For if 20 is not the perfect, absolutely bestest number for a coin collection, what, pray tell, is?

    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    The concept's origins can be traced back to that most revered and venerable of numismatic artifacts, the PCGS plastic storage box which holds 20 slabs.

    Various other concepts did precede it, however. The first, from caveman days, was the box of one, or more correctly, the hand of one. A few centuries later, this evolved to one in EACH hand, and was called the hands of two.

    Come the industrial evolution and mass manufacture of articles of clothing, especially Levi's jeans, the idea became the pockets of four. Once the little coin pocket in the right front pocket became standard, the pockets of five coin collection was born.

    And now the idea has come to it's logical and pentultimate conclusion. For if 20 is not the perfect, absolutely bestest number for a coin collection, what, pray tell, is?



    image
    image
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭
    It takes alot longer to collect the box of twenty than it does to sell them....that is usually quick.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • DRUNNERDRUNNER Posts: 3,875 ✭✭✭✭✭
    I first saw this concept a few years ago when Jay Parrino put this into his ads and magazines. I am captivated by the prospect but I think it has an investor component that is hard to rectify with collecting. I usually see this concept promoted by those who can sell a coin or two that might make it into a high-end BO20.

    I'd love to try it, but I'd forever be a cheater. I like to have a BO20 for show, backed up by collections that no one has to know about. Tell your high-end collector friends about your BO20, but keep a few (hundred) nice pieces socked away in the SDB. Just tell your friends you have a BO20. No one needs to know about the others!

    Drunner


  • << <i>I first saw this concept a few years ago when Jay Parrino put this into his ads and magazines. I am captivated by the prospect but I think it has an investor component that is hard to rectify with collecting. I usually see this concept promoted by those who can sell a coin or two that might make it into a high-end BO20.

    I'd love to try it, but I'd forever be a cheater. I like to have a BO20 for show, backed up by collections that no one has to know about. Tell your high-end collector friends about your BO20, but keep a few (hundred) nice pieces socked away in the SDB. Just tell your friends you have a BO20. No one needs to know about the others!

    Drunner >>

    I think this is a great ideal! Looking at only 20 coins might get boring even if they are nice ones.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    20/20 has a nice ring to it = 20 boxes of 20 image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    Broadstruck, the videos in your tag line are freaking me out!
  • BarndogBarndog Posts: 20,504 ✭✭✭✭✭


    << <i>I am leaning with extreme prejudice toward a box of twenty consisting of...

    Capped Bust Quarters open collar (10)
    Middle Date Large Cents (10)

    ...I have started thinning my Middle Date collection to pursue the above endeavour. >>



    get those quarters soon...when the book(s) are published fairly soon, I expect the prices that have already risen quite a bit to rise quite a bit again!
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    SeattleSlammer,

    imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • RTSRTS Posts: 1,408


    << <i>get those quarters soon...when the book(s) are published fairly soon, I expect the prices that have already risen quite a bit to rise quite a bit again! >>



    Those quarters are tough, tough, tough already - any update on the book(s)?
    image
  • Aegis3Aegis3 Posts: 2,908 ✭✭✭


    << <i> I don't understand the point of a box of 20. Is it supposed to be just 20 of the highest end coins one can afford and that's it? Sell off others to find 20 that fit into this scheme? I just can't make sense of it.

    The box of 20 really does commit oneself to high quality. It tries to have the collector stay away from quantity
    and especially ho-hum boring coins that can be bought any day of the week. >>



    But why go after high quality as the main determinant of a collection? In 99% of the cases, it will then prevent you from not going after rarity, obscurity, or coolness in coins. If all you want is high quality coins (with little concern as to what they are), one day at a big coin show will be more than enough, and I'm sure could also be done in a way to make sure your wallet can handle that day.
    --

    Ed. S.

    (EJS)
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    But why go after high quality as the main determinant of a collection? In 99% of the cases, it will then prevent you from not going after rarity, obscurity, or coolness in coins. If all you want is high quality coins (with little concern as to what they are), one day at a big coin show will be more than enough, and I'm sure could also be done in a way to make sure your wallet can handle that day.

    I think "high quality" can mean a lot of things to different people. For me it includes a coolness factor.....many of my Box of 20 aren't worth much by sheet standards in terms of just grade.....but they're all incredibly eye-appealing for their grade/type.

  • that's why I collect CC morgans!image fit easily into the box of 20 concept and has room for the really cool vams of the series also!
    steve

    myCCset
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    OK, I will never get down to 20 but I do believe I could have a box of 20 with in a collection. i.e. a box of treasure coins that you would keep over anything else if the need arises.

    The need could be financial (Lost job etc..) or emergency (fire etc..).

    Right now that would consist of about 6 coins,

    2 Classic Half Eagles,
    1 spectacularly toned Indian Eagle
    1 dark copper toned Indian Half Eagle with a bit of luster showing through
    2 rusty toned Indian Quarter Eagles.
    Else still looking for nice coins with superior eye appeal...

    I have a bunch of space left, everything else I have is just because I can. image


  • << <i>But why go after high quality as the main determinant of a collection? In 99% of the cases, it will then prevent you from not going after rarity, obscurity, or coolness in coins. If all you want is high quality coins (with little concern as to what they are), one day at a big coin show will be more than enough, and I'm sure could also be done in a way to make sure your wallet can handle that day. >>



    You seemed to have defined "quality" as common, mainstream non-cool coins in high grade, and then declared those as uninteresting.

    I'm not aware of anyone who has defined "quality" in this way, and in fact my definition would be nearly the opposite of yours, and would specifically include rare, obscure and cool coins.

    And, by my definition, those are coins which cannot be assembled in "one day at a big coin show", and would instead take years to track down.





  • An honest and serious question for anyone on this topic: If this box of twenty concept was never posted on these boards would you ever have decided to do this on your own?

    image
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    An honest and serious question for anyone on this topic: If this box of twenty concept was never posted on these boards would you ever have decided to do this on your own?

    Given my limited budget and the difficulty I have finding killer coins that I can afford......I think so!...maybe not 20 exactly, but some relatively similar round number.


  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭
    Box of 20 concept:

    Cheerios Sacagawea
    1909 O $5 Gold Half Eagle in MS 63
    1929 $5 Gold Half Eagle in MS 64
    A couple of territorial gold
    A couple of Patterns
    A few pieces of silver ( Trade Dollar, Seated Dollar, Half dimes and rare moderns)
    A few copper
    A nickel or two.

    A few platinum pieces.

    When or if that box is done, I hope it's worth a quarter million. But I will NEVER give up collecting widgets. It's too much fun filling Whitman folders.

    I think of the box of 20 as separate from collecting. It's more like a 401K plan.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    I had a large number of coins previously and decided that I wanted to pare things down to a more reasonable number (like 50 or 60) to get rid of the uneeded coins. I then did it again this year. I have found that I really don't mind selling coins that much. Recently I decided to not put any more substantial money into my collection. SO now I need to pare things down to buy new ones.

    I still collect cheap stuff like errors and CWT's, but my core collection is aimed at coins that I think have a high cool factor.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • My current status-

    Box of 20 IHC - Working from TOP keys down, currently have eight in the highest grade I can currently afford.

    Box of 20 Gold type - Currently filling a gold type set box and have nine so far. ( working within an AU budget )

    Box of 20 ancients - Currently have seven various ancient coins, no real direction except maybe an "art" appreciation.


    Hope this counts, being three boxes of 20. But that's how I do it.image

    Oh, and to those who ask "why 20 and not 50 or 1?" - if it were a box of 50 or box of 1, you'd still be asking "why not box of 20?"image
  • I don't ever want to get my collection down to only 20, or even 50, but liquidating some of my more common or bland coins is something I've decided I will start doing. This is a rather large step for me because I always felt I'd NEVER sell a coin even if it was a coin I purchased earlier in my collecting years before I learned things I know today. That feeling has changed.
    image
  • coinnutcoinnut Posts: 1,432 ✭✭✭✭✭
    I would have to sacrifice 2000 coins to get down to a box of 20. image
  • SeattleSlammerSeattleSlammer Posts: 10,037 ✭✭✭✭✭
    I would have to sacrifice 2000 coins to get down to a box of 20

    That's why you're a coin nut. image That's a lot of coins!
  • TomBTomB Posts: 21,644 ✭✭✭✭✭
    Quality is what you value.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image


  • << <i>An honest and serious question for anyone on this topic: If this box of twenty concept was never posted on these boards would you ever have decided to do this on your own? >>



    An excellent question! And the answer is, of course not!image
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image


  • << <i>

    << <i>An honest and serious question for anyone on this topic: If this box of twenty concept was never posted on these boards would you ever have decided to do this on your own? >>



    An excellent question! And the answer is, of course not!image >>



    I totally disagree. I think many people conclude on their own to keep fewer, better coins which is the concept embodied by the 'Box of 20'.
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>An honest and serious question for anyone on this topic: If this box of twenty concept was never posted on these boards would you ever have decided to do this on your own? >>



    An excellent question! And the answer is, of course not!image >>



    I totally disagree. I think many people conclude on their own to keep fewer, better coins which is the concept embodied by the 'Box of 20'. >>

    True, but to me, the meaning of keeping fewer or better coins or the box of 20 concept is in reality a moving target in terms of the number of coins kept......and of course different for different people, it could be 20 or two hundred, or ...??
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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