Starting a 7070

Well, I'm going to take the plunge and start an actual 7070.
I'm still coming up with a plan of action, but I think I'm going to be leaning toward filling it with as much silver as possible so many of the moderns are going to be high grade silver proofs. I'm looking to put together a nice set, and this project will probably take me a while. I figured starting a thread about my 7070 will be a good way to show my progress while at the same time hopefully inspiring others to start a type set.
I've been a modern collector almost exclusively (i'm only missing an 1885 from my V Nickel circulated set, and a few Buffs from a circulated herd), so this will be a very interesting journey. Where i can, I plan to put in some really nice coins, hopefully proofs, without breaking the bank. Not looking to tackle the gold page at first (I can add that page later).
Any advice is greatly appreciated.

 

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I had two. For one I bought all low grade fillers and slowly upgraded them all. (That way I had a complete set right away). Another I built slowly starting with the toughest coins first. My goal was to start a VF and higher set. SO I had to start off with the seated dollars, then draped bust cent and classic head cent, followed by the 20 cent, capped dime, draped bust half cent, then went on from there.

 

I've been wanting to start one for a long time. Have fun with it bhaugh, I'll be looking forward to the updates to maybe make me pull the trigger and start one.

 

7070 Are fun!
Sometimes a pain in butt to get coins into it with a matching grade .

 

Good Luck with your venture.
I've completed 2 ..one cost me about $6,500 to complete and the other in lessor grades only $3,200.
My 3rd is a holey set.

 

Definately a long term project that I will be sitting on and waiting for deals

 

Where did you find an album? From what I've heard, they are sold out everywhere and Dansco hasn't put out an updated version yet.

 

I posted a wanted thread on here and had someone respond that they had one for sale.

 

Wow! A 7070. You'll have to educate me on what that means.

 

7070 is the code for the dansco us type set.

 

Aha!!!! Thanks for letting me know. I have completed the US Type set for 19th and 20th centuries. That was my first serious venture in coin collecting and I completed that about 20 years ago in circulated grades. It still forms the core of my collection and frees my mind to specialize in particular series.

Dansco has 2 type sets albums, one that is only 20th century and one that is both 19th and 20th centuries. I assume you're doing the more difficult one. It's a great challenge, but I can tell you it is a marvelous feeling to complete it and have it form a core part of your collection.

 

Nice bhaugh! You have made a great decision in my opinion.

When I started collecting, it was all about quantity.
Dozens of Dansco's were bought, filling up as many as I could.
Then I bought the 7070. This changed everything.

Aside from one Jefferson album, this is the only album I want to keep and fill (with toners were possible of course).
At one point it was 10 shy of being completed. However, I took a closer look at the coins within and felt I needed to re-evaluate the contents. Although valuable, some were low grade and the details very difficult to see.
I love showing it off to family and friends who have never seen older coins.
What I really love about the 7070 is it is a walk through the history of most U.S. coinage.
So for me, I want them to to be able to see an old coin that has great detail and shows off the beautiful design.
I understand that, a non coin collector (aka "Normie") wouldn't appreciate an old "good" condition large cent when it looks close to a brown blank planchet. Even if it is a problem free, rare key date or something valuable.
Not to mention, due to an album being an album, there is risk to damaging the coins.

I don't have any advice except to fill it the way you like. However, I will pose this question to you:
Why are you putting together a 7070?
Investment?
To share with others? To make a heavy paperweight?
etc..

Collect what you like. Sometimes a coin just calls out to you and you know it must be in the type set.
I am looking forward to seeing it come together for you!

Too bad you can only put two Ikes in there...lol

Just wanted to share one example of my 7070 mind frame.

I would much rather have this uncirculated quarter that cost me around $50 than a valuable semi or key date (pictured below) that is just a shell of it's former glory.
You, everyone reading this, and I all know mine is damaged by graffiti, but non-collectors see this coin and just say "wow!". They don't even see the damage. This is the reaction I love to get.

 

The 7070 is a fun type set to build. I wish they made a type set album that was more comprehensive though.

 

Well, the 7070 came in today, and I have the first three coins ready to put in it. Going with the Proof silver issue bicentennial set cracked from the govt packaging.

 

Time to ask for some opinions. I'm going to be searching for suitable Morgan and Peace dollars for my album. I would like MS coins, so I'm going to probably have to crack them out. What is a good year that I can find a higher grade at a reasonable price for each of these. Thanks!

 

While Dansco does not have truly Comprehensive album, the old Wayte Raymond / Mehrig board has a TRULY comprehensive set up to the 1960's. Nearly impossible to fill completely on most folks' budgets, but still a fun challenge. I sold a brand new empty Wayte Raymond set a few months back because I did not know what to do with it. I have a 7070 that I'm slowly filling and upgrading as I can.

 

A 1921 Morgan in MS isn't that pricey. Not sure about Peace dollars...

 

Thanks Pi man, I was looking at the 21 Morgan.

 

Choosing a year for a Morgan is difficult since there are so many choices! I put the first year 1878 in the album. But even with this one year, there's lots of choices. There's 8 tail feathers, 7 tail feathers with 78 or 79 reverse, and 7/8 tail feathers. There's a 1878-CC that's always popular and the 1878-S. Lots to choose from. If you want a good high grade frosty example, the 1881-S is always popular and high quality is available for reasonable prices.

 

This is exactly what I'm looking for. I'm looking for high quality (without breaking the bank) over rarity/variety. I believe this is what a type set should be (but this is just my opinion). And while I want to have the nicest set I can afford to put together, part of my challenge is going to be to stick to this philosophy.