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$500-1k budget - what’s more intriguing to you?

ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭
edited August 28, 2025 1:59PM in U.S. Coin Forum

If you were building a collection and buying a few coins a year with each coin being in the $500-1k budget range, which approach would you want to take?
This is intended as a collector view question.
Let me know why you picked what you did!
(I am not voting now because if I knew, I probably wouldn’t have created the poll)

edit - realized I didn’t give an option specifically about staying in one series and building that to completion. My bad, put it in your comment if that’s you. Also, I removed a sentence that was useless.

$500-1k budget - what’s more intriguing to you?

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Comments

  • Morgan WhiteMorgan White Posts: 9,674 ✭✭✭✭✭
    Common mid-high MS Morgans

    I need an MS65 1890 Morgan

  • hookedoncoinshookedoncoins Posts: 1,239 ✭✭✭
    Just get what catches your eye on the day you’re able to shop

    I always have coins in mind that I am looking to add to my collection. However, if I see something with really good eye appeal or an interesting story, I have no problem straying from that list.

  • oldabeintxoldabeintx Posts: 2,487 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    None of the above would intrigue me. Perhaps high grade commons from a series I would ultimately want to finish that isn’t cheap, but without uber expensive keys in high grades.

  • pcgsregistrycollectorpcgsregistrycollector Posts: 1,602 ✭✭✭✭✭
    Low-mid grade key/semi-key from cheap series

    @ShaunBC5 said:
    If you were building a collection and buying a few coins a year in the $500-1k budget range, which approach would you want to take?
    This is intended as a collector view question.
    Let me know why you picked what you did!
    (I am not voting now because if I knew, I probably wouldn’t have created the poll)

    edit - realized I didn’t give an option specifically about staying in one series and building that to completion. My bad, put it in your comment if that’s you. Also, I removed a sentence that was useless.

    Keys are the way to go!

    God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️

  • BarberianBarberian Posts: 4,141 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    It seems to me that you haven't decided on what to collect, so I'd recommend purchasing coins that catch your eye until you settle on a series you like, including type collecting.

    A 20th century type collection featuring key dates would be interesting.

    3 rim nicks away from Good
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    I recommend a type set of odd denomination coins, i.e. the historical denominations that the U.S. Mint has produced, but that are no longer used...half cent, two cent piece, three cent nickel, three cent silver piece, half dime, twenty cent piece, etc. It would be a collection that is historical, meaningful, and has variety. Of course, get the best grade you can afford, but the grade is not as important in a collection like this because each coin tells a story. As your collection progresses, you can trade up to nicer pieces and/or add the gold denominations.

  • DisneyFanDisneyFan Posts: 2,513 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    Limit yourself to having a box of 20.

  • jmlanzafjmlanzaf Posts: 36,972 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    I would have gone with "whatever catches your eye" when shopping but that can lead to expensive mistakes. I think it helps to have a strategy. However, I do think you should buy what speaks to you.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • johnny9434johnny9434 Posts: 29,342 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    Whatever catches my eye on the day. Some times that's when I find a good coin 🪙

  • NeophyteNumismatistNeophyteNumismatist Posts: 1,111 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    It's hard for me to say... It would be highly dependent on my current "needs" and the dealer's inventory. But, if it doesn't catch my eye... I am probably walking out of the shop empty handed.
    .

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

  • VeepVeep Posts: 1,462 ✭✭✭✭
    edited August 28, 2025 4:29AM
    Just get what catches your eye on the day you’re able to shop

    If you want to participate in the hobby on that budget, you’d need to buy lower value coins that you like.

    If you’re thinking of an increase in future value, you should buy one key date per year in the best grade that meets your budget. But that wouldn’t be much fun.

    "Let me tell ya Bud, you can buy junk anytime!"
  • jmlanzafjmlanzaf Posts: 36,972 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    @Veep said:
    If you want to participate in the hobby on that budget, you’d need to buy lower value coins that you like.

    If you’re thinking of an increase in future value, you should buy one key date per year in the best grade that meets your budget. But that wouldn’t be much fun.

    Why? I don't see any reason why you have to buy anything at all to "participate in the hobby". But you certainly don't have to buy lower value coins.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • VeepVeep Posts: 1,462 ✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    The OP suggested that coins would be bought— thus my answer. When I was raising a young family and couldn’t afford coins at all, I participated by reading Coin World, Bowers & Merena Rare Coin Review and the odd book here and there.

    "Let me tell ya Bud, you can buy junk anytime!"
  • WalkerfanWalkerfan Posts: 9,770 ✭✭✭✭✭
    edited August 28, 2025 6:12AM
    Just get what catches your eye on the day you’re able to shop

    With $1K you could get a choice MS semi-key Morgan. That would be my pick.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • Mr_SpudMr_Spud Posts: 6,237 ✭✭✭✭✭
    edited August 28, 2025 6:20AM
    “Common” low-mid grade from expensive series

    I voted “Common” low-mid grade from expensive series“ because that’s the closest match to what I actually do. My main focus is/was type set coins from the 1800s with great “first impression” eye appeal graded as AU . I say is/was because I already have examples of most types of 1800s coins already. I still upgrade if I see one with even better first impression eye appeal, but only still need a few that are super rare and more expensive and have sort of moved on to modern ones (as in 20th century) in AU with great first impression eye appeal just to give me something to do.

    Mr_Spud

  • seatedlib3991seatedlib3991 Posts: 1,204 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    don't be shocked when I suggest Seated coins. Hear me out.
    You can cherry pick low certified population (less than 300) XF-AU coins.
    You can add Die varieties, rarer date and mintmark pieces, plus featured top 25 quarters, top 100 dimes, etc.
    You can at some level afford all denomination.
    You could spend 10 years and a 100 grand and still not be out of choice coins to collect. James

  • lermishlermish Posts: 3,831 ✭✭✭✭✭
    “Common” low-mid grade from expensive series

    Trade dollars in VF. There are a couple of dates that would go a bit over the budget in F but it's a fun and challenging series with only 17 coins for a full date/MM set.

    chopmarkedtradedollars.com

  • humanssuckhumanssuck Posts: 535 ✭✭✭✭✭

    With that budget, I would be looking at a box of 20 type approach where I would be looking to find 1-2 amazing coins a year to buy. It could be a lower grade key that was particularly eye appealing for the grade, or a high grade coin from a more common series. It would be whatever spoke to me, but I would be looking to be extremely selective.

  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    Thanks for all the great responses, everyone.
    For this scenario, you/I will be buying a few coins a year in this budget. There’s no interest in waiting 2 years to buy a single $4000 coin.
    There’s also hope of an increased budget in 4-7yrs…but who knows?
    There are so many coins that I enjoy, I’m appreciative of hearing how you would do it if you were at this point in your collection.
    I’ve been operating close to this space for a little while and kind of doing a little of all the options. I feel like I need to focus a little more, but I’m not really sure.

  • Russell12Russell12 Posts: 460 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    Something Shaun didn’t think to include (expound!)

    I am working on three "sets" at the moment (all PCGS slabbed). A high grade type set, a low grade key dates set (1909-S Lincoln Cent VDB, 1922 Lincoln Cent No D, 1937-D Buffalo Nickel 3 Legs, 1916-D Mercury Dime, 1942/41 Mercury Dime, etc.) and a high grade variety set (2023 Lincoln Shield Cent Extra V, 2005-D Jefferson Nickel Westward Journey Speared Bison, 1945-S Mercury Dime Micro S, 1982 Roosevelt Dime Clad No P, 2004-D State Quarter WI Extra Leaf High, 1982-P Kennedy Half Dollar Clad No "FG", etc.).

    What you should do is pick a lane that you are pretty interested in and try that. As you can see, I picked more than one lane!

  • JBNJBN Posts: 1,914 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    Would be for filling a hole in my various Capital Holder collections.

  • Coins3675Coins3675 Posts: 515 ✭✭✭
    “Common” low-mid grade from expensive series

    I would get a low grade coin from an expensive series.

  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    I’m a bit surprised at the low number of “key/semi key” voters. I thought that would be more popular.
    I’m also surprised at the number that would fly by the seat of their pants like I have been doing.

  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    @ShaunBC5 said:
    I’m a bit surprised at the low number of “key/semi key” voters. I thought that would be more popular.

    At $500-1k, most keys are not going to be very nice.

  • HalfDimeHalfDime Posts: 497 ✭✭✭✭

    The best purchase right now is the Laser silver eagle still available, and the Navy and Marine Corps silver eagle coins later this year. All 3 are semi-key coins that will be worth double or more once issued

  • pursuitoflibertypursuitofliberty Posts: 7,342 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    Here's a thought.

    Late 1820's ('25 to '29) Capped Bust Half in AU53 to AU58, with good skin, mostly or fully original surfaces, a little color and pleasing eye appeal.

    Stick with PCGS ... and add the CAC bean if that's your thing.

    P58cac's could break the budget, but attractive 53's and 55's shouldn't as long as you stay away from rare Die Marriages.

    Everything from hammered Early Die States to Late State "Crack Monsters" can be found.

    Consider what you are getting: Early Federal silver; big, beautiful and attractive; sought after grades with most or nearly all of the design features, little wear and plenty of luster left.

    Pretty good deal if you ask me.


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • Russell12Russell12 Posts: 460 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    @HalfDime said:
    The best purchase right now is the Laser silver eagle still available, and the Navy and Marine Corps silver eagle coins later this year. All 3 are semi-key coins that will be worth double or more once issued

    I think this is just more overpriced stuff from the mint. I do not think there will be a healthy aftermarket .

  • pcgsregistrycollectorpcgsregistrycollector Posts: 1,602 ✭✭✭✭✭
    Low-mid grade key/semi-key from cheap series

    @Russell12 said:

    @HalfDime said:
    The best purchase right now is the Laser silver eagle still available, and the Navy and Marine Corps silver eagle coins later this year. All 3 are semi-key coins that will be worth double or more once issued

    I think this is just more overpriced stuff from the mint. I do not think there will be a healthy aftermarket .

    Agreed.

    God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️

  • HalfDimeHalfDime Posts: 497 ✭✭✭✭

    @Russell12 said:

    @HalfDime said:
    The best purchase right now is the Laser silver eagle still available, and the Navy and Marine Corps silver eagle coins later this year. All 3 are semi-key coins that will be worth double or more once issued

    I think this is just more overpriced stuff from the mint. I do not think there will be a healthy aftermarket .

    Presales are going for $190 on Ebay, so there is a healthy market for the laser coins already.

  • ElcontadorElcontador Posts: 7,700 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    @pursuitofliberty said:
    Here's a thought.

    Late 1820's ('25 to '29) Capped Bust Half in AU53 to AU58, with good skin, mostly or fully original surfaces, a little color and pleasing eye appeal.

    Stick with PCGS ... and add the CAC bean if that's your thing.

    P58cac's could break the budget, but attractive 53's and 55's shouldn't as long as you stay away from rare Die Marriages.

    Everything from hammered Early Die States to Late State "Crack Monsters" can be found.

    Consider what you are getting: Early Federal silver; big, beautiful and attractive; sought after grades with most or nearly all of the design features, little wear and plenty of luster left.

    Pretty good deal if you ask me.

    I like this, but I'd include the common dates from the 1830s. Greater chance of having an AU 53 or 55 with original skin, as many AU 58s I've seen have been played with to try getting them into Unc. holders. Yes, PCGS only in this series.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • TrampTramp Posts: 765 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    Mid-grade from what can be an expensive series subset e.g. MS63-64 BN Lincoln Satin Proofs. Doesn't include the 1909 VDB unless you have a 17 month hiatus saving for this final coin and there's one to be found.

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

  • nagsnags Posts: 823 ✭✭✭✭

    If the whole annual budget is $500-$1000 I'd recommend a type set. You could do common dates in AUish condition and make some decent progress annually. For non-coin people, a type set is interesting as it shows all the different changes to the different denominations. This is more appealing to non-coin people than an album full of the same coin over and over.

    Additionally, if one series jumps out, you can always start that project if/when the budget increases. I agree with the sentiment that most key dates are going to be outside the budget, and even if not, buying 1 coin a year may temper the enthusiasm.

  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    Just made a quick edit to the initial post for clarification.
    It’s a few coins a year in the )500-$1k range, each.
    Loving all the suggestions and hearing what y’all do or would do!

  • alaura22alaura22 Posts: 3,619 ✭✭✭✭✭

    @nags said:
    If the whole annual budget is $500-$1000 I'd recommend a type set. You could do common dates in AUish condition and make some decent progress annually. For non-coin people, a type set is interesting as it shows all the different changes to the different denominations. This is more appealing to non-coin people than an album full of the same coin over and over.

    Additionally, if one series jumps out, you can always start that project if/when the budget increases. I agree with the sentiment that most key dates are going to be outside the budget, and even if not, buying 1 coin a year may temper the enthusiasm.

    Type sets are for non-coin people???
    Please explain this

  • seatedlib3991seatedlib3991 Posts: 1,204 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    One other thing to take note of where Seated coins are concerned. Besides the standard issues, the going prices for mid to low grade Seated proofs (Pf-60-63) have been frozen in time practically this entire Century. Hard to believe these stagnant prices will continue for ever. James

  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    Thanks @seatedlib3991 proofs are something I’ve collected in the past and certainly would again.
    This is how I end up with a smorgasbord of coins.

  • jmlanzafjmlanzaf Posts: 36,972 ✭✭✭✭✭
    edited August 29, 2025 3:56AM
    Something Shaun didn’t think to include (expound!)

    @HalfDime said:

    @Russell12 said:

    @HalfDime said:
    The best purchase right now is the Laser silver eagle still available, and the Navy and Marine Corps silver eagle coins later this year. All 3 are semi-key coins that will be worth double or more once issued

    I think this is just more overpriced stuff from the mint. I do not think there will be a healthy aftermarket .

    Presales are going for $190 on Ebay, so there is a healthy market for the laser coins already.

    I sold 2017 EU sets for $50 each in the after market. They currently sell for $20 ($25 issue price). That is despite having a Lincoln cent with a mintage of only 200,000.

    The word "key" gets thrown around rather loosely with these moderns. A normal proof ASE had a mintage of 400,000 ÷/-. There are now THIRTEEN with mintages less than 200,000 and EIGHT at 100,000 or less.

    The number of regular issue proofs sold has dropped in b half in the last 15 years. If that continue, by 2040 200,000 will be the norm. Mintages dropping because demand is dropping does not create "keys".

    The 2019-W Enhanced had a mintage of 100k and sold for $150 raw. That is not "double or more" of the current issue price.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 36,972 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    I just bought this in your price range

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • steve_richardsonsteve_richardson Posts: 204 ✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    At this price range I would start looking for upgrades to my raw Peace Dollar set. Might even consider starting on a graded set of Peace Dollars.

  • giorgio11giorgio11 Posts: 3,975 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    Eye appeal is the most important sole consideration when buying or selling, with price secondary to that if you stick with the right coins. IMHO.

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    @giorgio11 what kind of coins are the right coins?

  • Coins3675Coins3675 Posts: 515 ✭✭✭
    “Common” low-mid grade from expensive series

    @jmlanzaf said:
    I just bought this in your price range

    You got on deal on that

  • giorgio11giorgio11 Posts: 3,975 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    @ShaunBC5 said:
    @giorgio11 what kind of coins are the right coins?

    The ones with superb eye appeal!

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • jmlanzafjmlanzaf Posts: 36,972 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    @Coins3675 said:

    @jmlanzaf said:
    I just bought this in your price range

    You got on deal on that

    Lol. I don't know. Hard to find any comps. It's an unusual type, but I've always loved the Venetian lion.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • ShaunBC5ShaunBC5 Posts: 1,818 ✭✭✭✭✭

    Gotcha @giorgio11 I thought you were saying there were the “right coins” that needed to be bought with eye appeal, not just that eye appeal made them the right coins.

  • HalfDimeHalfDime Posts: 497 ✭✭✭✭

    @jmlanzaf said:
    The word "key" gets thrown around rather loosely with these moderns. A normal proof ASE had a mintage of 400,000 ÷/-. There are now THIRTEEN with mintages less than 200,000 and EIGHT at 100,000 or less.

    The number of regular issue proofs sold has dropped in b half in the last 15 years. If that continue, by 2040 200,000 will be the norm. Mintages dropping because demand is dropping does not create "keys".

    It does if it ends being the lowest mintage coin.

    However I agree, and would sell the current coins being released for the profit right now. Nothing is worse than buying a lot of coins and when it comes time to sell seeing them only be worth 50% of what was paid.

  • BikergeekBikergeek Posts: 590 ✭✭✭✭✭
    Something Shaun didn’t think to include (expound!)

    @DisneyFan said:
    Limit yourself to having a box of 20.

    I was thinking box of 20 - but I chose "none of the above," because I think you can do it with more intention than just finding what catches your eye. (Personally - when in the past I went "bargain hunting," I got bargains all right - but that came in the form of coins I couldn't sell and didn't love).

    Getting something special and unique always held my heart. So I'd never go for a set of MS70 moderns, because my set would look exactly like anyone else's set.

    On the other hand:
    "Silver type set from the year my great-grandmother was born" would make for a cool forum post someday...

    My (infrequently updated) hobby website Groovycoins.com

  • DisneyFanDisneyFan Posts: 2,513 ✭✭✭✭✭
    Just get what catches your eye on the day you’re able to shop

    @seatedlib3991 said:
    One other thing to take note of where Seated coins are concerned. Besides the standard issues, the going prices for mid to low grade Seated proofs (Pf-60-63) have been frozen in time practically this entire Century. Hard to believe these stagnant prices will continue for ever. James

    Looking at their PCGS/NGC populations, how do the prices of Seated proofs compare to their MS twins?

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