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<p>[QUOTE="snip, post: 1137121, member: 29958"]Hey all,</p><p> </p><p>I was wondering if I could get some thoughts/feedback on a project I've just started.</p><p> </p><p>My children are very young but I thought it would be nice to put together a set of historical US coins for each of them that they can keep and pass down. I don't expect them to also collect coins but I think anyone can appreciate the historical significance and aesthetic beauty of a mint coin 100 or more years old. </p><p> </p><p>A few conditions for the sets that I'm thinking of sticking to:</p><p>1) No very high value coins (I don't want it to be too tempting to hock them down the line...not sure what limit I will use yet)</p><p>2) Coins should be in MS or nice AU condition (since not everyone can appreciate a heavily worn coin)</p><p>3) Use common dates/mints (a CC morgan is no more beautiful than an S...although probably more than an O haha)</p><p>4) Should be in a format that displays the coins nicely but will protect them (hopefully) indefinitely</p><p> </p><p>I've only recently started but so far I have for each child:</p><p>1) 3 MS morgans</p><p>2) 3 MS indian head cents</p><p>3) 3 MS mercury dimes</p><p>4) $1 gold</p><p>5) Hawaii dime (need to get a second -- I'm originally from Hawaii...too bad the commemorative half is pricey)</p><p>6) Obviously much more to go!</p><p> </p><p> </p><p>A few specific questions for you guys:</p><p>1) Do you think that this would be a good way to pass on a nice collection of coins that would be kept/preserved even if my children have no interest in collecting? Every time I've heard of someone inheriting a coin collection it is almost instantly sold. Heck, even I would sell my coins in my old ago if I have grandchildren and they want something. I'm hoping that if I keep the coin values modest that the sentimental value will outweigh the incentive to sell in the future...who knows, maybe someone in my family generations from now will cherish them. </p><p>2) What do you think would be a good cutoff for a maximum individual coin value? $200? $500? Perhaps not an issue if very liquid coins like $20 gold were not included?</p><p>3) If you were to do this, what would you include/exclude? One thing I'm unsure of is how many duplicates/variations to put in. For example, is 3 morgans too redundant? And a '64 quarter isn't so different from a '65...</p><p>4) I'm not much of a currency guy but it might be nice to include...other than the different denominations of gold/silver certs, is there anything more unique to put in? Currency is much less interesting to me (sorry!).</p><p>5) Would you include super moderns?</p><p>6) What do you think the best presentation/encapsulation would be? I am leaning toward eagle holder albums but would appreciate other suggestions.</p><p>7) Other thoughts??</p><p> </p><p>Thanks a bunch![/QUOTE]</p><p><br /></p>
[QUOTE="snip, post: 1137121, member: 29958"]Hey all, I was wondering if I could get some thoughts/feedback on a project I've just started. My children are very young but I thought it would be nice to put together a set of historical US coins for each of them that they can keep and pass down. I don't expect them to also collect coins but I think anyone can appreciate the historical significance and aesthetic beauty of a mint coin 100 or more years old. A few conditions for the sets that I'm thinking of sticking to: 1) No very high value coins (I don't want it to be too tempting to hock them down the line...not sure what limit I will use yet) 2) Coins should be in MS or nice AU condition (since not everyone can appreciate a heavily worn coin) 3) Use common dates/mints (a CC morgan is no more beautiful than an S...although probably more than an O haha) 4) Should be in a format that displays the coins nicely but will protect them (hopefully) indefinitely I've only recently started but so far I have for each child: 1) 3 MS morgans 2) 3 MS indian head cents 3) 3 MS mercury dimes 4) $1 gold 5) Hawaii dime (need to get a second -- I'm originally from Hawaii...too bad the commemorative half is pricey) 6) Obviously much more to go! A few specific questions for you guys: 1) Do you think that this would be a good way to pass on a nice collection of coins that would be kept/preserved even if my children have no interest in collecting? Every time I've heard of someone inheriting a coin collection it is almost instantly sold. Heck, even I would sell my coins in my old ago if I have grandchildren and they want something. I'm hoping that if I keep the coin values modest that the sentimental value will outweigh the incentive to sell in the future...who knows, maybe someone in my family generations from now will cherish them. 2) What do you think would be a good cutoff for a maximum individual coin value? $200? $500? Perhaps not an issue if very liquid coins like $20 gold were not included? 3) If you were to do this, what would you include/exclude? One thing I'm unsure of is how many duplicates/variations to put in. For example, is 3 morgans too redundant? And a '64 quarter isn't so different from a '65... 4) I'm not much of a currency guy but it might be nice to include...other than the different denominations of gold/silver certs, is there anything more unique to put in? Currency is much less interesting to me (sorry!). 5) Would you include super moderns? 6) What do you think the best presentation/encapsulation would be? I am leaning toward eagle holder albums but would appreciate other suggestions. 7) Other thoughts?? Thanks a bunch![/QUOTE]
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