Hate to say it, but I am new and do not understand terminology "type coins". If someone does not care to educate an ignoramus, What does this mean? Somewhere down the road, I will quit asking questions that so many laugh at. Thanks.
Hello! take a look at this thread, you'll have a better idea to read and learn: http://www.cointalk.org/showthread.php?t=4239 to visualize it: Dansco Type Set Pics
I've heard mention that a "true" type set consists of not only every type of coin, but each of these coins is from the first year of mintage. To what extent is this something to consider? Thanks, ~neuron
Hmmm... I don't think I've ever heard that. I suppose that you could call that a "first year of issue" type set. There are as many ways of collecting, as there are collectors. No one way is more "right" than any other. The purpose of any hobby, is to enjoy it. That's what it's all about.
Wrong! My Modern Japanese Type Set is far, far closer to completion than my date set, and my one-per-monetary regime is a form of type set, since it is intended to have only one example of any particular coin regardless of how many years it was produced, or how many mints put it out. I wouldn't be a bit surprised to learn that there are far more world coin type sets than year/mint sets. A new one on me, but the last time I checked there were no hard and fast rules on what constitujtes a "true" collection of any sort. You've heard it before - and it's very true - the only one who can set the rules for what you collect is the guy you see in the mirror every time you shave.
A "type" coin means an inexpensive example of a given design. It simply means "A representative example of this coin type.". So all of the different dates and mints of a series can me seperated into three classes, Keys, semi-keys, and "type" coins.
As usual, A question here will get you quick and accurate answers! These are the places that being dumb does not get a mark against ya. Thanks a million!
Some people say that a type coin is one that was only issued in one year in that particular design.There are plenty of examples of type coins (also known as 'key types') in British Commonwealth coinage,excluding commemorative coins.For example; the AH1299(1882) & AH 1304(1887) 1 Pysa coins from Zanzibar are type coins.So is the AH1304(1887) Bruneian 1c. coin.
Well said, Jody. bailey, none of us here laugh at questions because we all remember that at one point in time we were all newbies. As someone who has recently started pursuing a type set, I strongly encourage you to enjoy all of the possibilities it has to offer. Not only will it make a stunning collection when complete, the amount of knowlede you will gain along the way will be priceless.
Well,there is no right or wrong way to coin & banknote collecting.The possibilities of collecting are almost endless (in the case of common coins),but rare coins are a totally different story.
Well,Roy,a lot of the New Zealand numismatic dealers have told me that a type coin is defined as above.
No offense Aidan, but if so, I would not lend much credence to those dealers for they should know better. The universally accepted definition of a type coin is a common date of a given series. Published price guides such as the Greysheet, Coin Values & Coin Market even reflect this as being so.