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1959-D RPM 06 ?

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Valued Member

United States
109 Posts
 Posted 04/03/2008  9:12 pm Show Profile   Bookmark this topic Add Duckhawk to your friends list Get a Link to this Message Number of Subscribers
When does it make sense to send them in to the experts?
I think I can make out some of the markers, but the QK5 just does not pick them up in the pictures.
Thanks for looking.

Mike

Image: 1959-D-RPM-06-? 1959D1.jpg
93.42 KB

Image: 1959-D-RPM-06-? 1959D2.jpg
89.41 KB

Image: 1959-D-RPM-06-? 1959D3.jpg
81.96 KB
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Vaslin's Avatar
United States
914 Posts
 Posted 04/03/2008  10:47 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list Get a Link to this Reply
#6 is what I would guess! I like that one!
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foundinrolls's Avatar
United States
3507 Posts
 Posted 04/04/2008  3:30 pm  Show Profile   Bookmark this reply Add foundinrolls to your friends list Get a Link to this Reply
Hi,

To answer your question about sending a coin to an expert or perhaps a grader, I think a few things need to be considered.

The first is curiosity. If someone just has to know what particular mintmark variety a coin is to a degree of certainty. Send it to someone who can help. If there is a suspicion that something may be an undiscovered variety, it could help the numismatic community by adding to our knowledge base.

The next consideration is cost. Take for example RPMs on 1961 D cents...There are so many different ones it can boggle the mind. Many are not expensive coins for the hobbyist to obtain. So..considering the cost of going to an expert or a grader may determine what to do.

You can pay more than a coin is worth as a collectible to have it examined.

From an educational perspective, it can be worth it. From a curiosity perspective it may be worth it. From a financial perspective, it may not be worth it.

It is up to the collector to make that choice.

I hope that helps,

Thanks,
Bill
Valued Member
United States
109 Posts
 Posted 04/05/2008  08:52 am  Show Profile   Bookmark this reply Add Duckhawk to your friends list Get a Link to this Reply
Thank you for your response Foundinrolls. My guess is that a majority of the coins which are graded or attributed are not valued much higher than the costs incurred. Although I am sure the satisfaction of recieving confirmation of a suspected varity is as good as the initial find.
Thanks again

Mike
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coop's Avatar
United States
62064 Posts
 Posted 04/05/2008  8:33 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
quote:
Duckhawk said:
I think I can make out some of the markers, but the QK5 just does not pick them up in the pictures.



On circulated coins, die scratches are harder to see than on uncirculated coins. So check for other markers like gouges, cracks/chips/breaks (That get worse with age) die dots or others. Sometimes you may have a coin made before a pictured coin and they won't have the markers that you coin may or may not have. Also something to remember is that obverse and reverse dies maybe changed and the markers will not be the same as previous examples. So markers may/may not tell if it is from the same die. An overlay might be a better method. The mint marks are in different locations because they are hand punched. Direction of the separation on RPMs may also differ. Some may be North's, but how far north? So there are other methods other than sending it to be certified. If the coin is a rare one, you might consider it. Common coins may not be worth the fee's.
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foundinrolls's Avatar
United States
3507 Posts
 Posted 04/05/2008  11:56 pm  Show Profile   Bookmark this reply Add foundinrolls to your friends list Get a Link to this Reply
Hi Duckhawk :-),

Actually, many grading companies won't get into attributing or grading minor die varieties. So it is often the ones that are indeed worth more than the cost of slabbing that get attributed and graded by major grading companies.

We recently had a story here , with pictures, of a nice 1943 Steel cent ( I forget which mintmark) that was a doubled die. The person who had it sent it off to be graded and attributed. It came back with a grade and no attribution. The grading company said something to the effect that they don't get into minor things like that.

The end result, at this point, is that the person with the coin has it graded as an XF coin, in a slab that says nothing about the variety. Of course he had to pay for the service that provided him with very little.

Grading companies have a long way to go where varieties are concerned.

Individuals who do attributions are a different story. There are folks out there that can do it. The coins, however aren't slabbed. And the fee may still outweigh the value of the coin.

Still , in the overall scheme of things there are many more high value, known varieties in slabs than there are lesser known varieties with small values.

Thanks,
Bill
Edited by foundinrolls
04/05/2008 11:57 pm
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