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<p>[QUOTE="beef1020, post: 1411746, member: 24544"]Condor, that is amazing!!! </p><p><br /></p><p>To the original poster, I think it largely depends on your collection goals and your post brings up the importance of setting them. </p><p><br /></p><p>I am working on a late date variety set . I buy the nicest coins I can and I shoot for high quality coins for the grade, but with over 300 varieties between 1840-1857 I just can't get MS examples. I have some, but the majority of my coins are in the EF range because even at $100 per coin that works out to $30,000 plus for the. Putting that collection together over 5 years would run my 6,000 per year or 500 per month. If I had the same goal and only bought MS coins it would be more like $300,000 + for the collection!!!</p><p><br /></p><p>Now, if my collection interest was just a date set of 1840 to 1857 then I could do 17 MS examples at around $800 per coin and spend around 14,000.</p><p><br /></p><p>Either way, buying the highest quality coin in any grade is a good idea, but what grade to buy, or how much to spend on any one coin, largely depends on what your goal is. Putting together variety sets of large cents is a quantity goal, so unless your are rich, it's a lower grade endeavor.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 1411746, member: 24544"]Condor, that is amazing!!! To the original poster, I think it largely depends on your collection goals and your post brings up the importance of setting them. I am working on a late date variety set . I buy the nicest coins I can and I shoot for high quality coins for the grade, but with over 300 varieties between 1840-1857 I just can't get MS examples. I have some, but the majority of my coins are in the EF range because even at $100 per coin that works out to $30,000 plus for the. Putting that collection together over 5 years would run my 6,000 per year or 500 per month. If I had the same goal and only bought MS coins it would be more like $300,000 + for the collection!!! Now, if my collection interest was just a date set of 1840 to 1857 then I could do 17 MS examples at around $800 per coin and spend around 14,000. Either way, buying the highest quality coin in any grade is a good idea, but what grade to buy, or how much to spend on any one coin, largely depends on what your goal is. Putting together variety sets of large cents is a quantity goal, so unless your are rich, it's a lower grade endeavor.[/QUOTE]
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