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The next step posted by Texan's Coins

8 posts in this topic

  • Member: Seasoned Veteran

Where to go from here......

 

As I find myself winding down on my Kennedy Proof collection, my next plan is to finish my Lincoln Cent 1934 - 1958 collection. Hopefully I'll have that finished by March. I don't have too much further to go.

 

After that, I find myself torn with what to do next. I love Morgan dollars and have become really interested in commemorative dollars but, I don't think I want to embark on another extremely large collection at this time. (Morgans = 105 coins and Commems = 130 coins). Also, with the price of silver where it is, these coins have gone higher that I want to / can afford to pay for them right now.

 

I find myself leaning towards smaller and "maintenance" sets. I recently bought the 2010 and 2011 Lincoln Shield proofs. This is a set I can just maintain year after year.

 

As for smaller sets, the Susan B Anthony and Dwight Eisenhower dollars look interesting. They are both fewer than 10 year sets, not very expensive and quickly completable.

 

My other thought is a type set (Not including gold). I feel this would give me a chance to collect something different every time I make a purchase. My only worry is that some of the early 19th century coins may be cost prohibative and that keeping a consistant grade across the set may be difficult, again, once I get into the 19th century coins.

 

Any thoughts and comments are appreciated. Is there anyone out there currently working on a type set?

 

 

Happy collecting.

 

Marcus

 

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Marcus,

Maybe think about a custom set or two. You can pick a subject you like, then add the coins that fit your criteria until it is complete (to your satisfaction). You get no points for a custom set, but you do get to pursue a special interest and show us cool stuff we may have never seen before.

 

Later,

Malcolm

 

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Marcus, all the sets you are looking at I am currently collecting. Type sets are a good way to go, but if money is an object, maybe a 21st century type set would be nice. A lot of the 20th century type set can be filled with mid-60's level coins for less than $100 per coin and some less than $50. I am having a lot of fun with IKE's right now as a diversion from my Morgan's, and you're right that set is huge, with more than half the coins of that set in my collection, a healthy diversion keeps me from potentially burning out. 19th Century type coins get to be so much more expensive and I have set my standard grade down to VF. Whatever you decide to pursue, I hope that you find it enjoyable.

Gary

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The Ike set is a fun set. There is one coin in that set that holds a pretty hefty price and not many that have them are likely to let them go. 1972 Type 2 Ike still holds prices in excess of $200 if you are able to find one. Currently I am still on the look out for that exact coin to finish my Ike set as well.

 

-Chris#2

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(1) Where I really want to focus: complete business strike set from the latter SMS years (2005-2010). Registry points at PCGS for these coins are cheap; the quarter folks stopped collecting by the 2008 crash; the dollars will always be cheap; pennies pre-2009 remain ignored; I believe future high-grade tough-to-get will be:

1c 2006, 2007, 2008

5c 2007, 2008, 2010

10c 2005, 2006, 2007, 2008, 2010

 

(2) What's popular that might get more popular: early world bullion, like Pandas and Kookaburras ... or ASE's.

 

(3) What's totally ignored that could be a HUGE market someday: Communist China business strikes.

 

(4) US ultramodern business strike MS66+ PL. Few can tell the difference with the naked eye among 67/68/69 ... but PL grabs your attention right away.

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Gary, I think you kind of hit the nail on the head. I want to work on something small to avoid burnout.

 

Chris, I agree that the Ike set could be fun. I like that it's a good hefty coin and I like the reverse design. Plus it's a set that I can finish in less than a year for a pretty good price. However, that 1972 scares me. lol Price I can work around, availability, well..... lol

 

Thane, I don't really collect world coins, but I agree with you that there are some good sleeper coins out there. I collect for the purpose of making a profit, but if I stumble across one, it's not a bad thing, right? lol

 

 

I appreciate your opinions. They help with direction.

 

 

 

Marcus

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I would also suggest the 20th Century Type- you probably already have some coins to start the set from your Lincolns and Kennedy's- plus you can fill up some of the holes quickly and very cheaply. I bought an NGC 1976D MS66 Quarter for 4.00.

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