I have an American Type Set in a Dansco 7070 album. It is not complete, as I have something like 60 out of 76. The first three pages are complete. I have tried to stick to higher grades, so most common coins are uncirculated, with the older ones mostly XF-AU. I was not going for a registry set, as I have kids, and wanted them to enjoy them, and not just a yearly look into a safe. I am thinking on selling, and wonder, would I get significantly more selling individually, or singly? Or even in sets, such as half cents, large cents, cents, nickels, etc? I do not have pics, but will when my son is finished using our camera for a school project. I might even offer them here, but I think too many of you are far sharper and more experienced at coin dealing than I! Any helpful ideas or suggestions?
I have sold very little, but from what I have read here, you should pocket more money selling them separately.
I would sell them individually. Not everyone needs a whole type set or can afford it all at once. take good pics front and back.
The 7070 album itself is becoming a somewhat of a bid ticket item when empty. Definitely sell individual coins with high res photos for the best return.
I agree with Kentucky and spirityoda; individually can/should/will bring more interest than an entire set. More paperwork/bookkeeping -- but so what if you sell. Personal preference: individual ones UNLESS I wanted an entire series.
IMO, you'll make more money by selling them individually. It will take you more time to do it though. How do you plan to sell them? eBay? Sell to a dealer? Send to an auction house like Great Collections? Once you get pictures, the members here can help assess your coins value and possibly give you good direction.
Individually will bring the most money, but depending on values and dates of whats in their some may need to be graded to maximize the return.
Yeah, the 7070 is worth at least 75 if not more by its self. Seems like you can find a hand full of 09 S vdb before you find one type set album.
I had planned on consigning to Great Collections. EBay is too full of scammers. I don't need the grief.
I asked this very question to several significant dealers at the FUN show and the comments I received were similar to those above..."people don't collect that way anymore" (meaning putting together date sets) and "those that do like to put them together themselves not buy them intact"...and if selling to dealers and advanced collectors, you might find they value the key coins and add virtually nothing for the rest ...as a side note, I was pretty encouraged by finishing tied for the sixth for the 1.6 billion...
I'll repeat what everybody else said: sell individually. I'm working on a type set (though not in the 7070 album), and, as @johnrhcfl said, I want the fun of putting the set together myself. Incidentally, this is how I plan to do my set. The 20th century coins will all be MS or high AU toners. The 19th century will be VF/XF.
Tied for 6th, right? Not part of the thread, but years ago, my ex used to gamble. She guessed 4 out of 6 on one lottery, when it was "only" 187 million. It eventually got up to 300+. She got $40. Big whoop! Thinking on it, yeah, splitting them up would be best, even with Great Collections policy of 5% on small sales, and zero over $1000. When I check type sets on EBay, no one seems to want to buy them. They want to cherry pick the coins.
Paul, aside from the incredible expense of trying to put a high grade type set together, high grade coins require a whole different treatment. You can get albums to hold graded coins, but its not as attractive or convenient as the 7070 album, and many would be horrified at the mere thought of showing them to kids. But old American coins look so cool, and you don't want cheap, crappy low grades either. My impulse is to the high grades, but even if I won the lotto, not sure I would.
7070 albums are beautiful, but I am just putting my examples in 2x2 flips and then putting the flips in a page that holds 4x5 flips.
Same as everybody else sell individually. Something like large cents you might want to research a little - some varieties are worth some money.
You could buy the camera setup on coin zip and sell individually there or I would personally sell on David Lawrence rare coins. I have had good luck with them and great individual service.
Completely agree. I personally wouldn't put high grade coins into an album knowing the value that will likely be lost
