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1956 D & D Lincoln Wheat Cent RPM-008, FS-508 ANACS MS64 Red

 
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Pillar of the Community
United States
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 Posted 07/29/2019  9:37 pm Show Profile   Check tropicalbats's eBay Listings Bookmark this topic Add tropicalbats to your friends list Get a Link to this Message
This isn't an upgrade for me but it was at auction starting at $30 on eBay the other day. I figured I'd buy it for that and sure enough no one else bid and so I picked it up pretty cheap for one of these in this condition Stage-A.

The slab is fully and correctly labeled 1956-D/D 1C FS-508 RPM-8 MS 64 RED but the title of the eBay listing had it as FS-501 so maybe folks were confused about it.

1956 D & D Lincoln Wheat cent RPM-008, FS-508 Stage-A



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United States
25115 Posts
 Posted 07/29/2019  9:39 pm  Show Profile   Check Errers and Varietys's eBay Listings Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Very nice purchase tropicalbats!
More information about Die Deterioration? http://goccf.com/t/317950
Retired U.S. Mint Coin Die Set information. http://goccf.com/t/302961
Machine Doubling Tutorial. http://goccf.com/t/332421
Die states progression on coins. Scroll down, so you can see the different die state progressions. http://goccf.com/t/325638
Die Deterioration Doubling Tutorial. http://goccf.com/t/336470
Split Plate Doubling Tutorial. http://goccf.com/t/357614
2000 P LMC With Retained Struck Through error. http://goccf.com/t/357080
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 Posted 07/29/2019  9:40 pm  Show Profile   Bookmark this reply Add Jim0815 to your friends list Get a Link to this Reply
Another great buy!
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 Posted 07/29/2019  10:01 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
Wow that's a very nice example! Stage A is quite nice for this variety. Great pickup!

-CH27
"Time is the coin of life. Only you can determine how it will be spent" -Carl Sandburg
Some of my best/favorite finds:
1888-O $1 "Hot Lips" DDO VAM- 4 http://goccf.com/t/363580
1941 LWC DDO FS-103 http://goccf.com/t/361222
1859 IHC RPD FS-303 S-3 http://goccf.com/t/359464#3089369
1942 LWC DDO FS-104 http://goccf.com/t/344022
1963 25 Type B reverse http://goccf.com/t/352858





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 Posted 07/29/2019  11:14 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Great pickup! A steller RPM in awesome shape!
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: http://goccf.com/t/359443&whichpage=1
If you want to buy something or sell something or just talk, shoot me a PM!
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 Posted 07/29/2019  11:56 pm  Show Profile   Bookmark this reply Add QuarterHoarder72 to your friends list Get a Link to this Reply
Nice one! This is my favorite RPM to date.
"Coin collectors aren't afraid of change."
-Unknown
Best Cherrypicks-
1909 VDB DDO FS-1101-http://goccf.com/t/357327
1967 WQ SMS DDO FS-101-http://goccf.com/t/351558
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 Posted 07/30/2019  08:06 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Another nice one, congrats!
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 Posted 07/30/2019  08:42 am  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
I was confused until I looked well below the mintmark. Nice coin!
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 Posted 07/30/2019  09:58 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
Love that RPM. Congrats on it being slabbed and properly labeled as well.
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 Posted 07/30/2019  9:24 pm  Show Profile   Check DrDon's eBay Listings Bookmark this reply Add DrDon to your friends list Get a Link to this Reply
More than one way to search for varieties. I roll hunt because it it a good time passer and not big on buying. It is a really nice RPM and an exceptional example of it. Did you buy this early in the week?
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 Posted 07/30/2019  9:36 pm  Show Profile   Check tropicalbats's eBay Listings Bookmark this reply Add tropicalbats to your friends list Get a Link to this Reply
Auction closed on July 26 at 3:46pm and it was delivered on the 29th. Speedy, eh?
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 Posted 07/30/2019  10:21 pm  Show Profile   Check DrDon's eBay Listings Bookmark this reply Add DrDon to your friends list Get a Link to this Reply
Seller must have dashed to the post office as soon as your address popped up. The confusion over the title must have been a factor in the lack of bidding.
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 Posted 07/30/2019  10:34 pm  Show Profile   Check tropicalbats's eBay Listings Bookmark this reply Add tropicalbats to your friends list Get a Link to this Reply
I'm pretty sure that title error cost the seller. Anyone looking for RPM-001 is looking for an obvious bomber D/D, and when they looked at the photos of this coin they didn't see it and moved on. Plus anyone actually looking for this one wouldn't have found it in a search. From my end I took a chance that the title was right but the photo was wrong and I would be getting a coin I hadn't seen. But for that price even an RPM-001 at that grade would have been a deal so I wasn't too worried.
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 Posted 12/29/2019  10:26 am  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
Nice early die state. I picked on up at the end of November in NGC-64 (but a 64+ in my mind) at the Michigan State Numismatic Society Convention. I think mine is on a mid-die-state. I've sold many of these over the years (upwards of maybe 50 of them) and I've always thought this coin was too cheap. In the 1980s is was a solid $300 coin for any die state (they are all pretty nice)but the price on this variety plumited as low as $50 when Lindy Stone found nearly 100 of them in a bag, got them all certified and then starting selling them at $300 but when sales slowed he dropped the price to $200 and then $100. I sold the last of what he had to G. J. Lawson who sold them to me for $75 each. In spite of the fact they hit a low of about $50 at one point when the supply dried up they started moving back upward. Most I got from Lawson I sold for around $225.00 to $275 depending on grade. But the coin really has not yet recovered and it's been a good 25+ years since Stone destroyed the market for this variety. Had he just sold a few a year at $300 each he'd have been way ahead. He'd have gotten in the same dollars for fewer coins and probably still have some today. I've seen this also happen to the 1971 DDO#1 1c (that John Wells managed to destroy the market for (the coin falling from a lofty $5000 in MS65 to less than $1000 in less than a year after Wells sold nearly 100 of them on Heritage Auctions, Teletrade and other venues placing as many of two a week in these auctions. Same is true of the 1964 1c DDR#1 - was a solid $300 coin way back in the early 1980s but after Cherrypickers Guide listed it one reader found a nice batch of them in Late Die State. Most of those sold for around $25 each as the market was flooded with them. I think they are doing much better now especially for nice sharp Early-Mid to Early die states now that folks realize that the $25 versions were really late die state and nothing compared to a sharp strike. Still, even these dragged the prices of the earlier die states way down. Today I sell them from between $75 to $100 for nice sharp EMDS coins.
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