Is there such a thing as a "Complete US Coin Type Set" 7070?

Discussion in 'US Coins Forum' started by BostonCoins, Jan 14, 2014.

  1. BostonCoins

    BostonCoins Well-Known Member

    Hello everyone!

    I've been wandering and wondering what to do next with my coins. I've been thinking a lot about endeavoring in a US Coin Type set. When I started looked at the different binders made by Dansco and Whitman.... I realized that even though they have a LOT of the US coins, they leave out some pretty major things.

    Just one thing I noticed out of the gate.... there was no spot for a Liberty Cap US large cent. I realize anyone that has one of those coins don't want to put it into an album like that.. but seriously... A novice looking at the binder would think the US didn't start making cents until 1796. And that isn't even mentioning the Flowing hair series.... now do you need to distinguish between Chain and Wreath Flowing hair? Maybe not... but should be a consideration.

    That being said... why not have a spot for colonial coins as well? I mean... nearly every state had their own coinage. Why not include a section for that? What of continental currency? The half disme? Bar cent? Pattern coins? The list could go on and on, no doubt..... but at LEAST have a book that offers all coins minted by the US mint officially.

    Does anyone know of a TRUE 7070 type binder/folder? I realize I can make my own with flips and such.. but I'd like a nice fancy binder to work on over the years.

    Thanks in advance!
     
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  3. medoraman

    medoraman Supporter! Supporter

    I think the 7070 was put together as an achievable type set. That is why some great rarities, which for 99% of collectors would never be filled, are left out. Why include 6-8 holes that combined would run $100,000 to fill if you know most collectors will never fill them? I believe that was the basis of selection, to allow collectors to have an achievable set and have a "complete" album.

    My opinion is the 7070 is a great compromise, and if I wished to collect US coins it would probably be the "set" I pursued nowadays.
     
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  4. coin0709

    coin0709 CT Supporter

    I love the Dansco 7070 album because it is achievable and does showcase most of the circulated US coinage. Yes, it leave out some key ones. If you want the most complete Type Set album/folder option ever produced, see the Wayte Raymond Board sets from the 1950's. The boards have a slot for literally EVERY type US coin ever minted (no colonials). The board set is super rare. I had a complete set (no coins) last year and sold the set of 9 folders and binders for ~$200. I have pics attached. Needless to say if this board set was completed, you'd be talking some serious ca$h. I'll stick to the 7070. :)
     

    Attached Files:

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  5. coleguy

    coleguy Coin Collector

    In short, no, there is not. 70/70 was always the closest and now they don't even make those. If they had an album for every single type coin you'd need a forklift to pick it up. It's not practical and hardly anyone would want one. I wanted something more complete the first time I finished the 70/70 and decided I'd just have to create my own type set parameters minus the albums. Yeah, you don't get to flip through an album as it's being filled in, but it's still a fun challenge,
     
  6. MadMartigan

    MadMartigan Active Member

    I am a huge huge huge type collector I have thought about doing a type set for every major album Dansco, Whitman, Intercept Shield and Littleton. I have done extensive research into all the albums and am currently working on a Dansco 7070, a whitman 20th century and with another whitman 20th century and whitman 20th and 21st century planned for latter on in the year.

    The most popular is the Dansco 7070 which has 76 holes, the simpler ones are the Whitman (whitman is 43 very small type set) and Littleton albums and the most extensive at 86 is the Intercept Shield.

    All of them offer even more gutted down simpler versions like there 20th and 20th and 21st century albums. The best is 20th century album is the Whitman at 39 slots and with great varieties like all the silver ikes and copper ikes and t1 buffalos and standing liberty quarters. The 20th and 21st century added all the newer coins but got rid of the varieties making the set 40 coins.
    Additions to the new set with 21st century
    2009, Lincoln Cent: Centennial
    2010-date, Lincoln Cent: Shield reverse

    2004-2005, Jefferson Nickel: Westward Journey
    2006-date, Jefferson Nickel: Return to Monticello

    1999-2008, Washington Statehood Quarter
    2009, Washington Territorial/DC Quarter
    2010-2021, Washington National Parks Quarter

    2000-2008, Sacagawea Dollar
    2009-date, Native American Dollar
    2007-date, Presidential Dollar

    So that is an additional 10 coins but they only added one spot so what did they take away it looks like they did away with all the varieties to not increase the size of the set.

    Retractions from the 20th Century set
    1909, Lincoln Cent: VDB

    1913, Buffalo nickel: Type 1
    1938-1965/1966-date Jefferson Nickel (down to one spot 1938-2003, this was an odd addition anyways as the Nickel didn't change in 1966)

    1916-1917, Standing Liberty quarter: Type 1
    1976, Washington Bicentennial Quarter: Silver Clad

    1976, Kennedy Bicentennial Half: Silver Clad

    1971, Ike dollar: Silver Clad
    1976, Ike dollar: Type 2 (went to just one 1976 dollar)
    1976, Ike dollar: Silver Clad


    Littletons 20st century is very weak at just 29 coins and the only coin not in either other 20th century set is the Silver Eagle but the set is weak.

    I have excel spreedsheets of comparison of almost all the sets as well as pictures, still don't have whats in the Intercept Shield set but I need to get that if anyone wants to help me whos done it. So you have 4 major companies each offer a type set and each offer just a 20th century type set and some 20th and 21st century sets. Dansco is the most popular of course but the most comprehensive is the Intercept.

    Now if you want a real mans type look into the Whitman book series type set from the 1960's (it won't have any modern coins in it as it doesn't even have ike dollars but you could grab some of the 20th century sets and do those) and it includes all earlier coinage you mentioned and its a beast. It was done as two volumes large coins and small coins.
     

    Attached Files:

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  7. MadMartigan

    MadMartigan Active Member

    Ok decided to do a little research here is the extra coins that the Intercept shield album has
    Jefferson Nickel 2006-date
    Washington Quarter 2009 Clad
    All 4 Western Nickel Journey Series
    Presidential Dollar
    All 4 2009 Lincoln Cents

    So actually the set is 87 coins with 11 more than the 7070 but they are all modern coins
     
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  8. BostonCoins

    BostonCoins Well-Known Member

    Thank you for all of your input!

    I hadn't thought about some of the points that you guys laid out for me. Makes more sense to me now.

    It is sad that there is no real album made for this application however. I mean, even though I can't afford a Chain set, it would be neat to have a hole for it, even if I had to fill it with one of those copies you see for sale all of the time.

    I suppose I might just shoot for the Dansco 7070 album for now. Maybe pick up a few of the 20th or 21st century type albums too, since those will be a lot cheaper and easier to fill.

    I guess my follow up question would be this.... Why did dansco stop the 7070 type folder? I see some for sale here and there on different coin sites, but didn't realize they stopped producing them. And, with that, has any company taken over and offered a comparable 7070 folder that Dansco stopped producing?
     
  9. MadMartigan

    MadMartigan Active Member

    I already answered your last question for you Bostoncoins, Intercept Shield makes a very nice type album it has everything that the 7070 has in it plus an additional 11 modern coins slots. They are in stock and can be purchased for $25-30 on most site. A 7070 is going to have to be bought on the secondary market and they can fetch well over $50 for the album alone.

    The 20th century ones can be done easily for $300-400 with nice graded coins I am partial to the Whitman album for that set.

    Also if you really want to have a set with a spot for the Chain Set look into those whitman book albums they hit ebay every now and then.
     
  10. flintcreek6412

    flintcreek6412 Active Member

    I feel sorry for the collector 100yrs from now that tries a type set. I just roll my eyes simply covering the seated liberty varieties in multiple denominations. Imagine having to find all the state quarters, park quarters, a few pennies, nickels and then all the presidential. That alone will be more than double the 7070 now. IMO the mint is flooding the market with too much junk that will have little to no collectable interest. It's sensory overload.

    I remember the bicentennials and thought they were pretty cool. The first big change in a long time. Now it's just a flood of new stuff every year. Nothing special about it all. In fact the actual 100 anniversary of the Lincoln just came and went. That should have been huge IMO. The mint needs to get back to the basics of making money and not collectables.
     
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  11. BostonCoins

    BostonCoins Well-Known Member

    Thank you all for your input. I'm sorry that I missed your answer to me MadMartigan. I looked up the Intercept Shield Type Set album. I like it.... and where it's currently made, it may be easier to purchase. I'll just have to keep my eyes open for one of these Type Set albums to come up for sale on the sites I watch.

    Thank you all for your input!
     
  12. bdunnse

    bdunnse Who dat?

    Are you refering to the four different 2009 cents?
     
  13. flintcreek6412

    flintcreek6412 Active Member

    Yes. And I'm speaking as a guy that wasn't actively collecting at that time. As an everyday non collector it was completely unnoticed. You'd find one in change that looked different and not give it a second thought. We'd already become used to changing quarter designs so it was more of the same. In 76 all kinds of non collectors were talking about and keeping a few.
     
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  14. MadMartigan

    MadMartigan Active Member

    Half the problem was it was a cent, I mean people don't even bother to pick up cents anymore and really should be just done away with like several other countries already have. I just bought a 1808 half cent for my 7070 and its a VG well worn example when was the last time you even saw a cent worn enough to get to a VG. Our government realized in the 1850's half cents were not economically sound and did away with them. A cent costs nearly 3 cents to make what a waste when people just throw them in jars anyways.

    I mean its why people bypassed the 2009 cents with little notice. Then again I think your right the mint keeps churning out coins because of how well the statehood quarters did and with people hoarding them it was a huge profit for them. I wonder how many statehood quarters are starting to make there way back into circulation now. We hadn't had any coin changes in nearly 50 years when the statehood came out so yea people were excited about the new coins now they are old hat.
     
  15. Gulliblebuyer

    Gulliblebuyer New Member

    All of you have missed the boat. Library of Coins made a two volume type album which included the chain and wreath cent and all the earlier dimes, quarters, halves, etc., PLUS, the Gobrecht Dollar. Whitman also made a two volume type album which went all the way back to the beginning, but did NON include the Gobrecht. These albums can be found on Fleabay with some searching.
     
  16. Pere

    Pere Active Member

    The bicentennial of the country was a considerably bigger deal than the centennial of the Lincoln cent. Also, the bicentennial designs were better than the Lincolns.
     
  17. iontyre

    iontyre Active Member

    Actually the nickel did change in 1966 - the initials JS were added under the bust of Jefferson.
     
  18. Conder101

    Conder101 Numismatist

    That's the set I started with. Has something like 100 types and didn't include anything after 1964 (They stopped making them in the 60's or early 70's. Before the Bicentennial.) They had all the non-gold types. Something like 8 different types of seated quarter. No Drapery, with Drapery, arrows and rays, arrows no rays, the 1856 - 1865 no motto at the lighter weight, the 1866 - 72 with motto, the 73,74 arrows, and the post 1874 to 91 at the heavier weight. That kind or a type set. (I still need 11 coins. 94-95 flowing hair half dime, draped bust small eagle half dime, Draped bust heraldic eagle half dime, flowing hair bust dime, 1796 quarter, flowing hair half dollar, draped bust small eagle half, flowing hair dollar, draped bust small eagle dollar, draped bust heraldic eagle dollar and with motto seated dollar. )

    All eventually possible except for maybe the 1796 quarter and definitely the draped bust small eagle half dollar.
     
  19. littlehugger

    littlehugger Active Member

    You could always add pages. Dansco albums are made to allow this, and quite a few collectors add a gold page for gold type coins.
    Still and all, there is a tremendous variety of Types, depending on where you draw the line. I remember collecting Morgans, the album had a space for one that was a proof only issue, (1895?) It seemed to me that most collectors would never fill that. Other albums included the 1955 Lincoln double die. Is that a type? Many less rich collectors are going to have a hole there.
     
  20. Daniel Jones

    Daniel Jones Well-Known Member

    I have decided that it is awfully difficult to distinguish early u.s. type coins from varieties, because so many of them, especially the early coppers gradually change in their designs i.e. the 1839 booby head vs. 1835-39 modified matron head etc. This is why I decided to assemble a collection of u.s. types from the commems. to the state/territory quarters 1892-2009. Since I can't afford all the commems., I opted for just the first 3 types, the 3 statue of liberty types and the oregon trail half$, which is my favorite type. In total, this type collection has 138 type coins in it, and looks fascinating, in my opinion.
     
  21. littlehugger

    littlehugger Active Member

    So far as the hyper expensive coins, you can usually find them as legal copies from various mints. They look like the originals, fit the holes, and are much more affordable. When you win the Lotto, you can replace them with the real thing.
     
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