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the best way to collect BU cents, nickels, dimes, and quart

LEAP269LEAP269 Posts: 318
in U.S. Coin Forum
i am working on a set of lincoln cents from 1909 to present. then a thought just hit me- if i purchased mint sets which contained all the coins from that mint and year i could complete a collection of cents, nickels, dimes, quarters, and halves all at once. is this thinking good? what are the flaws in this idea?
thanks for your help

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    relayerrelayer Posts: 10,570 ✭

    Well Mint sets start in 1947, and don't drop below $100 until 1959

    So from 1959 on I guess it's a good idea - IF you want to collect 5c, 10c, 25c, and 50c in addition to the cents.

    Prior to 59 (or 47 depending on how much money you want to spend) you still need to go back and get those early ones by themselfs.
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    drddmdrddm Posts: 5,477 ✭✭✭✭✭
    Relayer is correct, you still have to go back to collect the coins before 1947, but you may just get lucky when buying some mint sets and have some coins in them grade very nicely.

    Good luck
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    cladkingcladking Posts: 30,370 ✭✭✭✭✭
    It's a great idea especially for the sets that don't have a premium. There is a flaw
    but it's hardly a fatal flaw. Many of the coins in these sets are very substandard so
    you may have to purchase multiple sets to get nice coins of all dates and denomina-
    tions. The best part of doing this is that for most coins the finest are in the mint sets
    and they are available for little or no premium.

    Compare prices and quality because you'll lose a lot of money on some dates and
    might not even get all superior coins.
    tempus fugit extra philosophiam.
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    kiyotekiyote Posts: 5,636 ✭✭✭✭✭
    I'm doing sort of what you're doing, except from 1929 (The year my dad was born) to present. I took the mint set route as well, getting pretty much every mint set from 1970-on. You really should, if possible, look at multiple sets and make sure you're getting the best for your money. A lot of Lincoln cents I looked at had an odd crescent shaped "burn" on them.

    My biggest regret was opening them all so I could stick them into my Capital Plastics holder. I say leave them in.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.

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