If you're looking to start a hobby as a coin collector, the number of options out there can be intimidating. One great place to start is by collecting type sets. These sets are usually less difficult to assemble while still giving you a solid introduction to the hobby. This brief guide breaks down what type sets are and how to find them.

What Exactly Is a Type Set?

Many people begin their journeys as coin collectors by gathering date and mint sets of pennies, nickels, dimes, or quarters. This means that they get one of each of that coin for each year and minting house that the coin was made. For beginners, this can be a daunting task, and for experienced coin collectors, it may become tedious to acquire so many of each coin.

As an alternative, many people begin collecting type sets. Type sets are generally compact collections that still cover the entirety of a coin's history. Instead of collecting by year, type sets collect one coin for each design iteration it has gone through. For example, the US nickel has gone through four major design changes in its 150-year history, and the four main types are known as the Shield, Liberty, Buffalo, and Jefferson nickels. Minor variations in design bring the total number of nickel designs to 13. If you want to collect a type set of nickels, you only need to acquire 13 total pieces.

How to Build a Collection

If you want to build a type set collection, the easiest way is to select a specific denomination and learn about the different variants. First, collect the major variants in whatever condition you can find them, and then branch out into the minor variants. Once you've completed the type set, you can set out on the long process of upgrading your coins to higher qualities. Keep an eye out for high quality versions of the coins you need. You will occasionally find exceptionally good deals if you are patient enough. Once you've upgraded your type set to high quality coins, you may then want to choose another denomination and start the process over.

Beginning and intermediate coin collectors can hone their knowledge and expand their passion at Coins Plus in Cincinnati, OH. For 50 years, this rare coin and bullion dealer has helped collectors of all levels further their journey into numismatics. Learn more about their services online, and call (513) 621-1996 to inquire about their inventory.