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<p>[QUOTE=&quot;Tom B, post: 871920, member: 11854&quot;]Given the additional post you put up here I can tell you that I have more advice for you.&nbsp; That advice would be to <i>learn </i> before you <i>spend. </i>&nbsp; Your first post indicated that you would be pulling pocket change and putting the coins in albums, which is a fine way to start collecting and can spur the interest of young kids at a very affordable rate.&nbsp; I like this idea, but the only issue I had with it was possibly buying an expensive album when a less expensive album would do the job quite well.</p><p>&nbsp;</p><p>However, you are now writing about putting together sets of cents, nickels, dimes and quarters from 1909 to the present and I will warn you that unless you have <i>many, many </i> thousands of dollars to spend that you will neither finish the sets nor will you enjoy building them.&nbsp; In my opinion, this strategy is fraught with problems and I do not think you undestand them at this point.&nbsp; </p><p>&nbsp;</p><p>Some of the questions that you need answers to <i>before </i> you start this quest are as follows.&nbsp; Will you build date sets or complete sets?&nbsp; Date sets are one coin per denomination per year while complete sets are <i>every </i> coin per denomination per year.&nbsp; Complete sets will cost you <i>multiples </i> of date sets.&nbsp; If you build date sets, do you truly think you will finish them?&nbsp; I guess that depends upon your budget, but a date set of Standing Liberty quarters (SLQs) will necessarily include the 1916 SLQ and this coin is $4,000 or so <i>each </i> in the <i>lowest </i> collectible grades.&nbsp; Additionally, the cumulative nature of the purchases will mean that you will spend well into the five figures (far higher than $10,000) to build even <i>low quality set. </i>&nbsp; What grades do you want to build the sets?&nbsp; The reality is that low grade coins do not always appeal to everyone, yet they are the most affordable.&nbsp; Going up a bit in grade can add multiples to the cost of completion.&nbsp; Do you think your nephews will <i>like </i> coins?&nbsp; It would be a shame to pour substantial money into building collections only to have them pawned, ignored or given away.&nbsp; Why do you want to build sets instead of introducing your nephews to the hobby in a more low key manner?&nbsp; Having sets built for you is not always rewarding since the new owner had no input in the set; it would seem much better to gradually introduce the hobby to your nephews and if they like it then encourage them and participate in the hobby together.</p><p>&nbsp;</p><p>There are many issues you need answers for before you lose your money.[/QUOTE]</p><p><br /></p>

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