Box of Twenty

Discussion in 'US Coins Forum' started by geekpryde, Oct 28, 2012.

  1. geekpryde

    geekpryde Husband and Father Moderator

    I recently read an article on CoinWeek that reinforced an idea I've been playing around with in my head, which is that instead of collecting full series of coins by date as I have been doing, that I am thinking it will be more fun to collect by Type. This article introduced me to the concept of a "box of twenty", which is a variation on Type collecting. From the article:

    (great article by the way, you should go read it: http://www.coinweek.com/featured-ne...grades-for-beginning-intermediate-collectors/ )

    I really like the idea of limiting my collection to twenty really nice coins, from a variety of denominations, time periods, and maybe even countries. While I had fun *almost* finishing off my Proof Kennedy's in PF69UC, boy 80+ Kennedy proofs seem to start to all blend togeather. Plus, in my experience it's NOT very fun/informative to show 80+ very similar looking coins to a non-coin person.

    So, I have totally come around to this concept of a "Box of twenty". My box isn't made up of crazy expensive rare coins (yet), but so far I've filled 10 slots with a nice variety of interesting coins. I am going to slow down coin buying to only a few a year, and get prettier more interesting high quality coins instead of just "filling holes". When my box is filled, I'm going to start swaping out lesser coins for better examples. Maybe in 10 years, my 20 special coins will really be a nice little show-and-tell I can dazzle my guests with. Right now it's rather humble, but without further ado:

    S$1 1923 NGC MS 65 CAC
    shared_81787eb1016b92190f0cd9afb95c31a1e7508dd873121b5.jpg shared_2ae56d9126bf8a94acfdc389ccc4a17d27508ddaa649f1d.jpg

    S$1 2012(W) EAGLE EARLY RELEASES NGC MS 70
    shared_5d2fc969e313c1d9a2f631d57d0b392c76508df6539562b.jpg shared_5d2fc969e313c1d9a2f631d57d0b392c74508df65388547.jpg
     
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  3. geekpryde

    geekpryde Husband and Father Moderator

    S$1 1900 O NGC MS 64
    shared_101976f27c51e50856dd68b718b1a5290c3508df5981bcf7.jpg shared_2bc32cf197c8f61370d562daab6b243cb4508df5978e552.jpg


    5C 1944 P PCGS MS 64 Full Steps
    shared_6b77e10893e80c65e911daa7f8928bd643508df7705e6ef.jpg shared_7d9cb1de98f14344b08fb9b62e9ff23700508df76ecf583.jpg
     
  4. geekpryde

    geekpryde Husband and Father Moderator

    1C 1874 NGC MS 40 Brown

    shared_2f4a27113e12bf1f661d3e693ceb41b9f1508df4f76ab2d.jpg shared_223c80f2994ad838f6dc786e1c6c047a46508df4f675ed6.jpg

    50C 1968 S NGC PF 68 ULTRA CAMEO
    shared_0f864327631c3e7616ed0e1b6422546393508df5e816fe8.jpg shared_8b9127721f41ac4c4fef560fbf2ef0cb66508df5e68b2d5.jpg

    (I dont have reverse image yet, oops)
     
  5. geekpryde

    geekpryde Husband and Father Moderator

    25C 1948 S NGC MS 65
    shared_822596c4f16f46ac1c455ce43e8af9ac55508df7f045476.jpg shared_722596c4f16f46ac1c455ce43e8af9ac59508df7f0c5043.jpg

    $1 1980 S PCGS PF 69 Ultra Cameo
    shared_21f4957d7bac503944648fc84f5992f731508df7adc7e53.jpg shared_825c5be64ba1e59a1fe8cf2359e7fd4775508df7ae94ee4.jpg
     
  6. geekpryde

    geekpryde Husband and Father Moderator

    10C 1944 NGC MS 67
    shared_241f258bee7311d037f1831414d682a4e8508df721bfd76.jpg shared_19ceb3fa0d074426996a848a1231f64ba0508df7238ca08.jpg

    50C 1964 NGC PF 68 CAMEO Accent Hair
    shared_68a159e80ee0a367d3cf3ebb5adfe0eac0508df843374e5.jpg shared_85d7a3e2dcc86a7ab49a4a4b8a62e48348508df8451758c.jpg
     
  7. geekpryde

    geekpryde Husband and Father Moderator

    For my next purchase I am saving up for is a 1940's Liberty Walking Half Dollar PCGS/NGC MS65 CAC.

    I also want to get some color in this Box of Twenty, so hopefully in 6 months or so, I can get a beautiful rainbow toned Morgan.

    Also, want to give a shout-out to gbroke for introducing me to his site http://thecoinnection.com/Public, for hosting these images you see above, and also for just being a darn cool dude.

    Anyone else here collect along the lines of this "box of twenty" concept? Show us your coins!

    :hail:
     
  8. Kirkuleez

    Kirkuleez 80 proof

    Twenty coins? That's just crazy, I want them all. Nice set though.
     
  9. Tom B

    Tom B TomB Everywhere Else

    I think the idea of a Box of Twenty (Bo20) is a very good option for some collectors. Likewise, collecting year date sets, complete regular issue sets, variety sets and type sets is a great idea for some collectors. The Bo20 concept calls to some, but I have found that many will comment negatively on the discipline.

    For my own collection, I adhere loosely to the idea of a Bo20 by attempting to incorporate only wonderful coins. This strategy necessarily limits the number of coins that I own. At this time I may have 75 or so coins and I have been collecting for a significant period of time.
     
  10. x115

    x115 Collector

  11. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    I have 3 boxes of 20 with 11 empty spaces. I'm selling about 25 coins next year so I'll be down to 2 boxes of 20 with about 16 empty spaces and a few bucks to add a coin or two.

    Good luck on your box.
     
  12. tgaw

    tgaw Member

    i think that different preferences in coin collecting is an important part of coin collecting;so i would say collect in any manor that makes you happy first.just collect is my method;which i am sure is improper since organization is considered important.
     
  13. Chiefbullsit

    Chiefbullsit CRAZY HORSE


    :D...nothing wrong with no organization.

    You should've seen my collection 15 years ago. I had forgotten about some of the coins. Got tired of them and sold them all a few years later then started over.
     
  14. roll searcher

    roll searcher coin hunter

    I love that MS-40 Indian head :D
     
  15. tgaw

    tgaw Member

    thanks for saying that i'm sure you are well underway with your new collection.starting fresh with experience will probably make this collection all the better.
     
  16. geekpryde

    geekpryde Husband and Father Moderator

    Yeah, it seems kinda crazy to me too. But I am getting tired of lots of $20.00 coins that are nice, but not amazing. It's going to take come real discipline on my part, but I am very confident that if I have the willpower, the resulting collection will be much stronger in a few years. I doubt I will ever be able to afford $1000 coins, but I think that there are plenty of $150-$250 coins that will really satisfy me in terms of condition and quality, and something that I will be proud to showoff to friends and family.

    Thanks for looking! :)
     
  17. geekpryde

    geekpryde Husband and Father Moderator

    Yeah, quality with a variety of interesting, colorful coins is calling me right now. Ultimately I think only a few of the above coins would be kept once I start putting this method into practice, the Peace Dollar for instance.

    Thanks for sharing.
     
  18. geekpryde

    geekpryde Husband and Father Moderator

    Looks like you are on the path to consolidation, getting your collection down to the really important coins to cutting out the chaff. At this point, I dont plan on selling the cheaper coins I've spent a few years collecting, but ultimately it may be something I will do. For now, I'm going to focus on quality and alot less quantity for future purchases. Actually, currently I have been buying ZERO coins as I save up for a future purchase and getting my general financial house in order.
     
  19. geekpryde

    geekpryde Husband and Father Moderator

    Thanks for posting this, I'm reading it now. I probably will never be filling the box with technical rarities or with an aim at the investment side, but they will be rarities in my book.

    My box of 20 will be for hobby purposes only, and I'll keep the investments to a passive total world index fund. :cool:

    I wonder if there are other Bo20 articles? Heading to Google...
     
  20. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    If you limited yourself to a box of 20, what would you be willing to invest and how would that be apportioned over the 20 coins?

    I would probably go in approximately $30K with about half that invested in 3-4 coins and the other half split about evenly among the remaining coins.
     
  21. mrweaseluv

    mrweaseluv Supporter! Supporter

    I do like this idea. While not likely that I'll have box of super rarities I think for myself I am going to consider it more like a finest 20. As I love my albums and sets I doubt I could ever bring myself down to just 20 coins. In the end it will probably be a set of 20 slabs. As it stands I only have about a dozen slabbed coins, all extremly nice coins I couldn't resist even though they don't fit in my albums lol
     
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