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Planning My Next Set: 12 Piece Gold Type Set?
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<p>[QUOTE="Speedie, post: 1294964, member: 28064"]So far in my 3 years of collecting I've completed two "major" sets:</p><p><br /></p><p>- American Silver Eagles: All proofs in OMP, all burnished in OMP (including the 2008 / Rev 2007), all bullion in NGC MS69, and all 3 anniversary sets in OMP (1995, 2006, and 2011 on a very early confirmed order).</p><p><br /></p><p>- Kennedy Half Dollar Proofs: 1964 PR68 DCAM, 1964 A/H PR67 CAM, 1965 SMS PR67 CAM, 1966 SMS PR66 CAM, 1967 SMS PR66 DCAM, 1968 PR68 DCAM, 1969 and 1970 PR69 DCAM, 1971 PR68 DCAM, then every proof from 1972 through 2011 in PR69 DCAM (includes 1979 and 1981 Type I and Type II, plus 1976 and 1992 - 2011 Clad and Silver).</p><p><br /></p><p>To make a complete collection of modern era dollar proofs, I also have the complete sets of Eisenhower, Susan B Anthony, and Sacagawea dollar proofs (all PR69 DCAM) and the Presidential dollar proofs (all in OMP). Upkeep on those sets, in the absence of a mad scramble like the 2011 ASE anniversary set, is pretty minimal i.e. there are no challenges left in them. I'm not into DDOs and the like so they are, to my mind, complete.</p><p><br /></p><p>I have the first two years of ATB 5oz coins in bullion and "P" mintmarks up-to-date, but I'm having second thoughts on those. Storage is a real issue, and if I hadn't been able to get them essentially free of charge by flipping other ATB sets early in the madness, I'm not sure I would have ever started. I do think a complete set of them will be a magnificent sight though!</p><p><br /></p><p>With that said, I'm seriously considering selling the ATBs and going for the 12 piece gold type set next. It has some serious challenges in it e.g. the $1 Type II and $3 Indian Princess. It's certainly not a set that I could wave a credit card at and be done with, not in higher grades at least, so it would take me a number of years to complete. It would also be something different as, apart from the incidental gold proofs in the 1995 Eagle Anniversary set, I don't have any gold coins.</p><p><br /></p><p>The only thing that's making me hesitant is the price of gold. I know, I'd have probably said the same thing $750/oz ago too <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> So here I am looking for input from the bright minds at CT.</p><p><br /></p><p>- Have any of you completed this set? Any pitfalls to look out for along the way?</p><p><br /></p><p>- Would it be advisable to concentrate on the earlier / smaller denomination coins now with gold so high, then look at the $20 St Gaudens/Liberty and the $10 Liberty/Indian if it comes down a bit? Looking at price histories, the $1 gold in particular seems to have had a rough time the last 3-5 years. Buying low appeals to me IF this is indeed low for those coins. Meanwhile the St Gaudens looks to have shot up pretty much in line with the POG.</p><p><br /></p><p>- Does this look about right for grades to aim at, or am I out of balance somewhere?</p><p><br /></p><p>Gold Dollar, Type 1 (1849-1854): MS63/4</p><p>Gold Dollar, Type 2 (1854-1856): MS60/1</p><p>Gold Dollar, Type 3 (1856-1889): MS63/4</p><p>Liberty $2-1/2 (1840-1907): MS63/4</p><p>Indian $2-1/2 (1908-1929): MS63/4</p><p>Indian Princess $3 (1854-1889): MS61/2</p><p>Liberty $5 (1839-1908): MS63/4</p><p>Indian Head $5 (1908-1929): MS62/3</p><p>Liberty $10 (1866-1907): MS63/4</p><p>Indian $10 (1907-1933): MS62/3</p><p>Liberty $20 (1850-1907): MS62/3</p><p>St. Gaudens $20 (1907-1933): MS64</p><p><br /></p><p>I figure that in those grades it would be about the same outlay as completing the ATB set. I'm asking myself seriously which I would rather have, and which will be the better long term investment.</p><p><br /></p><p>As always, thank-you in advance for any insight that you fine folks have![/QUOTE]</p><p><br /></p>
[QUOTE="Speedie, post: 1294964, member: 28064"]So far in my 3 years of collecting I've completed two "major" sets: - American Silver Eagles: All proofs in OMP, all burnished in OMP (including the 2008 / Rev 2007), all bullion in NGC MS69, and all 3 anniversary sets in OMP (1995, 2006, and 2011 on a very early confirmed order). - Kennedy Half Dollar Proofs: 1964 PR68 DCAM, 1964 A/H PR67 CAM, 1965 SMS PR67 CAM, 1966 SMS PR66 CAM, 1967 SMS PR66 DCAM, 1968 PR68 DCAM, 1969 and 1970 PR69 DCAM, 1971 PR68 DCAM, then every proof from 1972 through 2011 in PR69 DCAM (includes 1979 and 1981 Type I and Type II, plus 1976 and 1992 - 2011 Clad and Silver). To make a complete collection of modern era dollar proofs, I also have the complete sets of Eisenhower, Susan B Anthony, and Sacagawea dollar proofs (all PR69 DCAM) and the Presidential dollar proofs (all in OMP). Upkeep on those sets, in the absence of a mad scramble like the 2011 ASE anniversary set, is pretty minimal i.e. there are no challenges left in them. I'm not into DDOs and the like so they are, to my mind, complete. I have the first two years of ATB 5oz coins in bullion and "P" mintmarks up-to-date, but I'm having second thoughts on those. Storage is a real issue, and if I hadn't been able to get them essentially free of charge by flipping other ATB sets early in the madness, I'm not sure I would have ever started. I do think a complete set of them will be a magnificent sight though! With that said, I'm seriously considering selling the ATBs and going for the 12 piece gold type set next. It has some serious challenges in it e.g. the $1 Type II and $3 Indian Princess. It's certainly not a set that I could wave a credit card at and be done with, not in higher grades at least, so it would take me a number of years to complete. It would also be something different as, apart from the incidental gold proofs in the 1995 Eagle Anniversary set, I don't have any gold coins. The only thing that's making me hesitant is the price of gold. I know, I'd have probably said the same thing $750/oz ago too :p So here I am looking for input from the bright minds at CT. - Have any of you completed this set? Any pitfalls to look out for along the way? - Would it be advisable to concentrate on the earlier / smaller denomination coins now with gold so high, then look at the $20 St Gaudens/Liberty and the $10 Liberty/Indian if it comes down a bit? Looking at price histories, the $1 gold in particular seems to have had a rough time the last 3-5 years. Buying low appeals to me IF this is indeed low for those coins. Meanwhile the St Gaudens looks to have shot up pretty much in line with the POG. - Does this look about right for grades to aim at, or am I out of balance somewhere? Gold Dollar, Type 1 (1849-1854): MS63/4 Gold Dollar, Type 2 (1854-1856): MS60/1 Gold Dollar, Type 3 (1856-1889): MS63/4 Liberty $2-1/2 (1840-1907): MS63/4 Indian $2-1/2 (1908-1929): MS63/4 Indian Princess $3 (1854-1889): MS61/2 Liberty $5 (1839-1908): MS63/4 Indian Head $5 (1908-1929): MS62/3 Liberty $10 (1866-1907): MS63/4 Indian $10 (1907-1933): MS62/3 Liberty $20 (1850-1907): MS62/3 St. Gaudens $20 (1907-1933): MS64 I figure that in those grades it would be about the same outlay as completing the ATB set. I'm asking myself seriously which I would rather have, and which will be the better long term investment. As always, thank-you in advance for any insight that you fine folks have![/QUOTE]
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Planning My Next Set: 12 Piece Gold Type Set?
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