Type set

A type set is a coin collection based on coin design or type. Traditional collections consist of all dates within a series such as state quarters or Lincoln cent.

Type sets are more popular for practicality and therefore are more common among younger or less wealthy coin collectors. Date sets are more common with more experienced and wealthy collectors, who focus on getting every year and mint for a series of coins.

Description and varieties

A Type Set may contain the designs of only one denomination. For example, the dime has had 12 - 14 distinct designs. The definition of what constitutes a design is subjective but collectors generally follow those listed in the authoritative Red Book (A Guide Book of United States Coins). Professional numismatic associations such as PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) list around 140 entries in a complete set that includes copper, nickel, silver and gold.

A complete Type Set consists of every design of every denomination authorized by Congress that was struck for public usage. This excludes such items as pattern coins or coins struck for particular occasions. It includes denominations that are no longer in existence - half cent, the two-cent piece, three-cent piece, twenty-cent piece and all gold coins. Designs were changed for a variety of reasons - historical, political, cultural and as a reaction to public opinion. The Standing Liberty Quarter first minted in 1916 was immediately redesigned when it was noted that Liberty's breast was visible. This change created a separate design. The Indian Head nickel (Buffalo) appeared in 1913 but the FIVE CENTS began wearing away. The coin was immediately changed to lower the buffalo mound. In 1837, the dime was minted without stars drawing outrage and the offending stars were immediately returned. The denomination "FIVE CENTS" was initially omitted on the V Nickel (the reverse carried a large V). Before the words could be added, enterprising tricksters gold-plated the coin and declared it a $5.00 gold piece. The Indian head cent has 3 varieties: (1) No shield (1859), (2) Copper and nickel (1860–1863) and (3) Bronze (1864–1909). A list of all members of a Type Set are listed below.

A complete type set of paper currency within a given scope of collecting[nb 1] includes a representative sample of each major design and change, but excludes lesser variations (e.g., signature combinations, Treasury seal, overprints, etc.).

Collectors build variations of the ultimate set. For example, many do not include gold due to the prohibitive cost; other now omit designs before the year 1800. These are the most expensive due to several factors: Poor quality of material, primitive machinery and working conditions, minuscule production numbers and general wear and loss after 200 years. Most designs cover decades but some were minted for only one or two years making these the rarest of the entire set. It is not a coincidence that many of these were also struck prior to 1800 when the Mint altered designs in response to unfavorable public opinion. The most famous of these short-lived designs are the half cent (1793), quarter (1796), Draped Bust, Small Eagle half dollar (1796–1797) and the three large cent designs minted in 1793 - Wreath cent, Chain cent and Liberty Cap Cent. The Haig Koshkarian Type Set , one of the finest ever assembled, was auctioned in 2004.

Examples - copper, nickel, silver, gold

Complete type set

Half Cent
Flowing Hair Liberty Cap Draped Bust Classic Head Coronet Head
1793 1794–1797 1800–1808 1809–1835 1840–1857
Large Cent
Chain Wreath Liberty Cap Draped Bust Classic Head Coronet Head Braided Hair
1793 1793 1793–1796 1796–1807 1808–1814 1816–1839 1840–1857
Small Cent
Flying Eagle Indian Head Indian Head Indian Head Lincoln VDB Lincoln Steel Lincoln Mem Lincoln Sheld
1856 -1858 1859 1860–1864 1864–1909 1909 1943 1959-2008 2010-Present
Two Cents
1864-1873
- Three Cents
Silver Type 1Silver Type 2 Silver Type 3 Nickel
1851–1853 1854–1858 1859–1873 1865–1889
Nickel
Shield Rays Shield No Rays V Nickel-NC VNickel-WC Buffalo - I Buffalo - II Jefferson Jefferson-War
1866–1867 1867–1883 1883 1883–1912 1913 1913–1938 1938-Date 1942–1945
Half Dime (Silver)
Flowing Hair Drpd Bust-SE Drpd Bust-HE Cap Bust Seated-No Stars Seated-No Drape Seated-StarsSeated-Arrows Seated-Legend
1794–1795 1796–1797 1800–1805 1829–1837 1837 1838–1840 1838–1859 1853–1855 1860–1873
Dime
Drpd Bust-SE Drpd Bust-HE Cap Bust Lg Cap Bust Sm Seated-No Stars Seated-No Drape Seated-StarsSeated-Arrows Seated-Legend
1796–1797 1798–1807 1808–1828 1828–1837 1837 1838 1838–1860 1853–1855 1869–1891
Seated-Arrows Barber Mercury Roosevelt
1873–1874 1892–1916 1916–1945 1946-Date
Twenty Cents
Twenty Cents
1875–1878
Quarter
Drpd Bust-SE Drpd Bust-HE Large Bust Small Bust Seated-No Drape Seated-No Motto Seated-Rays & ArrowsSeated-ArrowsSeated Motto
1796 1804–1807 1815–1828 1831–1838 1838–1840 1838–1865 1853 1854–1855 1860–1891
Seated-Arrows Barber Stand Lib-I Stand Lib-II Washington
1873–1874 1892–1916 1916–1917 1917–1939 1932-Date
Half Dollar
Flowing HairDrpd Bust-SE Drpd Bust-HE Cap Bust-Letter EdgeCap Bust-50 Cents Cap Bust-Half DolSeated-No DrapeSeated-No MottoSeated-Rays& Arrows
1794–1795 1796–1797 1801–1807 1807–1836 1836–1837 1838–1839 1839 1839–1853 1853
Seated Arrows Seated Motto Seated Arrows Barber Walking Liberty Franklin Kennedy (Silver) Kennedy (Clad)
1854–1855 1866–1891 1873–1874 1892–1915 1916–1947 1948–1963 1964 1965-Date
Dollar (Silver)
Flowing HairDrpd Bust-SE Drpd Bust-HE Seated-No MottoSeated MottoTrade Dollar Morgan Peace Eisenhower
1794–1795 1795–1798 1798–1804 1840–1866 1866–1873 1873–1883 1878–1921 1921–1935 1971–1978
Anthony Sacagawea Presidential
1979–1999 2000-2009 2007-Date
Dollar (Gold)
Liberty Indian Head-SmIndian Head-Lrg
1848–1854 1854–1856 1856–1889
Quarter Eagle ($2.50 - Gold)
Cap Bust-No StarsCap Bust-StarsCap Bust-Lrg Cap Bust-Small Cap Bust-Reduced Classic Head Coronet Indian Head
1796 1796–1807 1808 1821–1827 1829–1834 1834–1839 1840–1907 1908–1929
Three Dollar (Gold)
Three Dollar
1854–1889
Four Dollar (Gold)
Four Dollar
1879–1880
Half Eagle ($5.00 - Gold)
Cap Bust-Sm EagleCap Bust-Lg EagleCap Draped Bust Cap Head Classic Head Coronet-No Motto Coronet-Motto Indian Head
1795–1798 1795–1807 1807–1812 1813–1834 1834–1838 1839–1866 1866–1908 1908–1929
Eagle ($10.00 - Gold)
Cap Bust-Sm EagleCap Bust-Lg EagleCoronet-No Motto Coronet-Motto Indian Head-No Motto Indian Head - Motto
1795–1797 1797–1804 1838–1866 1866–1907 1907–1908 1908–1933
Double Eagle ($20.00 - Gold)
Coronet-No Motto Coronet-Motto - Twenty D Coronet Motto St-Gaudens- High Relief St-Gaudens- No MottoSt-Gaudens- Motto
1849–1866 1866–1876 1877–1907 1907 1907–1908 1908–1933

Footnotes

  1. Using United States paper currency as an example, different scopes or categories within which a complete type set may exist could include (but is not limited to) Fractional currency, Confederate currency, Colonial and Continental currency
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