Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
A Registry Collection Strategy----Short Sets
>
Reply to Thread
Message:
<p>[QUOTE="Lehigh96, post: 762556, member: 15309"]Mike,</p><p> </p><p>It is hard to set strict guidelines for an entire date/mm set for any series. Mintage, availability, and price are all factors in determining the criteria a collector would use for his registry set. It would be nice if every collector could just use a generic guideline such as "all my coins are going to be top pops." Unfortunately, most collectors don't have unlimited financial resources and must draw the line somewhere. </p><p> </p><p>Take Mercury Dimes for instance. Most registry collectors can afford MS67 FB examples from 1934-1945, but what criteria would they use for 1916, 1921, 1929? A collector would probably assign a different criteria for each of those years. By breaking the set into smaller short sets with strict quality guidelines for each short set, the collector can avoid purchasing a coin just to fill a slot. The criteria might be (gem,full bands, & attractive toning) for 1929 but only (MS63 & attractive luster) for the 1921 year. Without setting these guidelines, it is very easy for the collector to lose both patience and focus and settle for a 1929 MS64 FB in his collection. By having the rules in place for the short sets, the collector forces himself to remain patient and pass on the more common & lesser quality material that will undoubtedly present itself to him in his searches.</p><p> </p><p>Perhaps I should have phrased it better. It doesn't make being patient easier rather it helps combat impatient urges.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 762556, member: 15309"]Mike, It is hard to set strict guidelines for an entire date/mm set for any series. Mintage, availability, and price are all factors in determining the criteria a collector would use for his registry set. It would be nice if every collector could just use a generic guideline such as "all my coins are going to be top pops." Unfortunately, most collectors don't have unlimited financial resources and must draw the line somewhere. Take Mercury Dimes for instance. Most registry collectors can afford MS67 FB examples from 1934-1945, but what criteria would they use for 1916, 1921, 1929? A collector would probably assign a different criteria for each of those years. By breaking the set into smaller short sets with strict quality guidelines for each short set, the collector can avoid purchasing a coin just to fill a slot. The criteria might be (gem,full bands, & attractive toning) for 1929 but only (MS63 & attractive luster) for the 1921 year. Without setting these guidelines, it is very easy for the collector to lose both patience and focus and settle for a 1929 MS64 FB in his collection. By having the rules in place for the short sets, the collector forces himself to remain patient and pass on the more common & lesser quality material that will undoubtedly present itself to him in his searches. Perhaps I should have phrased it better. It doesn't make being patient easier rather it helps combat impatient urges.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
A Registry Collection Strategy----Short Sets
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...