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1987 D Lincoln Memorial Cent RPM-003, FS-501 B/U

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tropicalbats's Avatar
United States
6116 Posts
 Posted 11/10/2018  01:44 am Show Profile   Check tropicalbats's eBay Listings Bookmark this topic Add tropicalbats to your friends list Get a Link to this Message Number of Subscribers
Opened a bank roll of 1987-D this evening and found the usual for such a year. Lots of die issues and some black spotting on most coins. That said, I am quite pleased to have found an RPM-003 in there and it's not too spotty compared to some. This is a major upgrade as the one I had up to now was heavily damaged. Rare bugger with an URS-004 (5-8 known). I checked the PCGS pop and they list 11 graded examples.

1987-D Lincoln Memorial cent RPM-003 (north), FS-501


1987-D-Lincoln-Memorial-Cent-RPM-003,-FS-501-B/U
1987-D-Lincoln-Memorial-Cent-RPM-003,-FS-501-B/U
1987-D-Lincoln-Memorial-Cent-RPM-003,-FS-501-B/U
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John1's Avatar
United States
56855 Posts
 Posted 11/10/2018  04:26 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Another nice find. I never really understood that rarity scale,URS-004 (5-8 known) and then PCGS says 11 graded examples. Isn't 11 more than 8 . And how can a die only mint 8 examples that year
John1
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tropicalbats's Avatar
United States
6116 Posts
 Posted 11/10/2018  10:24 am  Show Profile   Check tropicalbats's eBay Listings Bookmark this reply Add tropicalbats to your friends list Get a Link to this Reply
John1 I fully agree that the rarity scale is a source of confusion. Almost every time I compare the scale against the number of graded examples there are more actual known coins than the scale would indicate. So maybe it is the number graded at the time of the publication of the URS number for some coin (and people continue to get more graded), but why don't they just say that explicitly! Neither does it say they are only taking into consideration graded examples nor that it is based on an actual number rather than an expected number. Given that almost an entire page is devoted to this scale in the CherryPickers' Guide one would think they could have explained how they arrived at their numbers. However, it does give some index for quickly knowing whether a coin is fairly scarce or not, and anytime I find something with an URS of 4 I am pretty darn happy.

There is even more guesswork in the idea of why are there so few of one thing and many of another. Did the mint see the error and pull the die quickly after just a few got through? Was it the end of the year or a random bulk die change and they just ended things after only a few got struck? Don't know but would love more info on why some are so darn hard to find while others seem to be all over the place.
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coop's Avatar
United States
62064 Posts
 Posted 11/10/2018  2:38 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Also note the die Die Deterioration. There must be at least 500K of them to reach that die age.
1987-D-Lincoln-Memorial-Cent-RPM-003,-FS-501-B/U
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Errers and Varietys's Avatar
United States
74846 Posts
 Posted 11/10/2018  6:59 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Very nice find and congratulations tropicalbats! That RPM is not easy to find. You got lucky!
Errers and Varietys.
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 11/13/2018  7:12 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
Bats that's an incredible find! 3 sold at GC in last couple months in PCGS holders from $100 for MS62RB $150.00 64RB and $200 in 64 RED. But their so much more exciting raw, great find.
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Jim0815's Avatar
United States
5240 Posts
 Posted 11/14/2018  08:33 am  Show Profile   Bookmark this reply Add Jim0815 to your friends list Get a Link to this Reply
Great find! I personally think that out of all the RPM's for any year, this one is my favorite.
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koinpro's Avatar
United States
1781 Posts
 Posted 04/24/2020  11:36 pm  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
All of this variety I have seen come from an obverse die exhibiting fairly heavy die fatigue. I've examined 200 Mint State examples so far. I just gave a friend of mine an MS66 RD today.

1987-D-Lincoln-Memorial-Cent-RPM-003,-FS-501-B/U
Edited by koinpro
04/24/2020 11:41 pm
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QuarterHoarder72's Avatar
United States
2156 Posts
 Posted 04/24/2020  11:44 pm  Show Profile   Bookmark this reply Add QuarterHoarder72 to your friends list Get a Link to this Reply
What an awesome find! I would kill to find this in any condition.
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John1's Avatar
United States
56855 Posts
 Posted 04/25/2020  05:06 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
koinpro,
Nice to see you posting again.

Quote:
I just gave a friend of mine an MS66 RD today.

Can we be friends?
John1
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