Ideas On Type Coin Set

What is everyone's opinion on a young collector starting out to collect a type coin set as first set trying to complete.

 

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If you were to limit it to, say 1950 and later, it's actually a very doable project.

1c: LWC, LMC, 4 Lincoln reverses, Union Shield
5c: Jefferson, 3 reverses, return to Montecello
10c: Roosevelt (Silver, Clad)
25c: Washington (Silver, Clad, BiCentennial) and as many of the State, Territories and ATB as you want
50c: Franklin, Kennedy (Silver, Clad, BiCentennial)
$1: Ike, SBA, Sacagawea (initial, yearly reverses), Pres Golden $ (one or all)

 

Absolutely smashing idea. This is one you can work at many levels and enjoy for years. Many moons ago, I wanted to get one of every denomination coin that the USA had ever made. Not that hard given unlimited money, but some get expensive in higher grades, and I still have some that I would like to upgrade. Now, decide what type.

 

Actually completing a State Quarters set from circulation isn't that easy

 

I know that's the truth that is why I started trying to find state quarters in bulk uncirculated

 

Type sets are fun. You can go a lot of different directions with them, and, putting one together gives you the opportunity to learn about a lot of different series. One fun and fairly easy one would be a type set of US 5 cent nickels. Small cents are pretty easy, too. For a little more challenge, a type set of seated coins is pretty doable as well.

 

I really like the type set style of collecting, you can include literally anything you want and aren't limited to just one series

 

Well what about a 20th century type set

 

There's really no rules for type collecting, it can literally be whatever interests you. Some people pick a century, some pick a mint mark, others include world coins as well, its really all up to you

 

Totally doable! Finding Barbers that haven't been the victim of a cleaning can be challenging in certain grades, and, no matter what, I would expect them to be among the most expensive coins in such a set. But, yeah, it's totally a doable project.

Here's a wiki that describes what other people feel ought to be included in a type set. Feel free to disagree with them but this will get you started.

 

It's taken over 10 years and I still am missing a Missouri-P...

 

Type sets seem to be much easier/more enjoyable, as you can splurge on getting really nice examples of common grades, instead of busting it trying to get that key date Barber or whatever that'll set you back hundreds in AG...

 

I bought a littleton 20th century folder, because why not... I've tried filling it out of circ and crh finds... Still missing war nickel, barber dime, merc, barber qtr, slq, barber half, and barber dollar. Its a lot of fun when your filling it up and upgrading! I'll hafta open up the wallet to complete it though, I don't foresee myself FINDING all of those barbers

Edit: Morgan dollar, not barber

 

Ya, do it! I strongly suggest you get Q. David Bowers book "Collecting and Investing in Rare Coins." While I strongly disagree with the premise of coin collecting as an investment this book will help teach you how to build a quality collection for your budget. It also has info on every U.S. coin. If you want to get his "type coin" book that has info on all the varieties but get the other first. I wish it would have been my first coin book!

 

My favorite type subset was filling a complete set of Morgans from the Denver mint. What a journey that took me on!

 

I personally like the idea - if you start out on the later dates you can always add to it going backwards. If you keep to the VF/XF range you can go back pretty far adding coins as budget allows. Just my opinion.

 

I started a type set of all coin STARTED in the 20th century with the MOST COMMON year. There are only a couple that are expensive even if you go all MS60 to MS63 . The 2 silver liberty coins (25c and 50c) are the only more expensive ones, and you can always go a little lesser grade on those.
Here are my notes for the set.

20th Century Type Set - coins that started in the 1900's - commonest year

Commonest year MS 60 Unc. Mintage

Lincoln Wheat Ear 1944 1 1,435,400,000
Lincoln Wheat Ear Steel/Zinc 1943 2.50 684,628,670
Lincoln Memorial Copper 1981 0.20 (65) 7,491,750,000
Lincoln Memorial Copper/Zinc 1984 0.30 (65) 8,151,079,000
Note: 1982 had higher mintage, but the number was divided between Copper and Copper/Zinc coins.

Indian Head Buffalo 1936 22 118,997,000
Jefferson nickel mint mark reverse 1964D 0.25 1,787,297,160
Jefferson silver 1943P 5 271,165,000

Winged Liberty Mercury 1942 1944 2.5 231,410,000
Roosevelt Silver 1964D 2.25 (63) 1,357,517,180
Roosevelt Clad 1967 1 (65) 2,244,007,320

Standing Liberty 1920 150 27,860,000
Washington Silver 1964 5.50 560,390,585
Washington Clad 1965 1 1,819,717,540
Washington Bicentennial Clad 1776-1976D 1 (63) 860,118,839
Washington 50 States Delaware 1999D 1.25 (63) 401,424,000
Washington 50 States Pennsylvania 1999D 1.25 (63) 358,332,000
Washington 50 States New Jersey 1999P 1.25 (63) 363,200,000
Washington 50 States Georgia 1999D 1.25 (63) 484,744,000
Washington 50 States Connecticut 1999P 1.25 (63) 688,744,000

Walking Liberty mint mark obverse 1942 40 47,818,000
Franklin 1963D 10 67,069,292
Kennedy Silver 1964 9 (63) 273,304,004
Kennedy Silver/clad 40% 1967 4 (63) 295,046,978
Kennedy Clad 1971D 1.25 (63) 302,097,424
Kennedy Bicentennial 1776-1976D 1.50 (63) 287,565,248

Peace 1922 25 51,737,000
Eisenhower 1972D 6 (63) 92,548,511
Eisenhower Bicentennial 1776-1976 2 (63) 113,318,000
Susan B. Anthony 1979P 3 (63) 360,222,000

29 coins $302.50

 

I think it's a good way to start and something that can always be expanded and improved over time.

 

The possibilities are endless!!

 

Yes they are what is best folder to buy for 20th century sets