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found about 15 of these 53D Lincoln's

JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
I was looking thru a tube of 63-65 red Lincoln's and I found a handful of these RPM's. I know I love these varieties but do others? Are there many other collectors of these varieties (besides C.D. who I know is into these)?
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Some coins are just plain "Interesting"

Comments

  • Cam40Cam40 Posts: 8,146
    Looks pretty close to the one in Cherrypickers guide.

    RPM#1

    $35 in MS65...as of the printing.

    Nice.
  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    The CPG is quite a bit off - as it is for many different die varieties. True value in CH-GEM BU for that RPM (#2) is around $10.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
    image
  • cladkingcladking Posts: 28,630 ✭✭✭✭✭
    Everything I collect I collect by die variety. With coins I greatly prefer major varieties like the RPM.

    Tempus fugit.
  • The true value is what people will pay for one. Put one on Ebay with the pic you just took and see what they bring. I know people who sell poor mans 55-P DDO's for way more than the are "worth" or is that a paradox.
  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    True that the value of something is what people will pay, but in the right place at the right time with the right conditions many different things will sell for far more than the typical price to knowledged people under normal circumstances. While this RPM might sell for over $25 to the right buyer at the right time, it will typically not sell for much over $10...its "value". While as a conversation piece it is easy to get $5 (or more) each for typical 1955 cents from some people by calling them something they are not, the knowledged collector wouldn't give the time of day for them anywhere over "normal" coin value....because they are normal.

    It's not a paradox, it's calling value at a certain level based upon normal transactions between people under normal circumstances. Just because cable shopping networks can get $50 each for common date slider Morgans, does that mean they are worth $50? Come on!!

    I like it how some people are a challenge JUST to be a challenge.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
    image
  • Looks like from a recent Ebay sale RPM #1 is worth $5 in xf/au so I would say that a GEM BU example is worth more than $10, probably close to what the Cherry pickers guide says. I have sold many of my cherry pickers varieties for well above the stated cherry pickers guide prices and have never actually sold one for less. Chuck have you actually sold any of these? Where do you get your "value" data, I mean maybe you should sell this data to the authors of the cherrypickers guide since it is not as "way off".
  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    Brian,

    I was actually asked personally by the author of the Cherrypicker's Guide for pricing input for the newest volume (yet to be released), and I did my share. I have sold some of these, the ones I sold were Ch. Bu (62-64) and they sold for $5.50-$8.00 each. My pricing data comes from a number of sources not the least of which is my own sales. BU examples of this die variety are not rare, they are not even scarce. A GEM BU example might sell for more than $10, but it might sell for less as well.

    I don't know why you're arguing semantics, they are not worth $35 any more than 1942S RPM#1/DDO#1 is worth the $1,250 in 65 that the book states - try much closer to $100-$200. Like I said, many of the values in that guide are off from realistic pricing, as I am sure any number of guides can be off because the market for these is rather small. I may be off at $10, but they aren't $35, period. If you have a personal issue with me how about taking it out in private instead of here in public. I frankly can't figure out what the problem is, but my PMs are open.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
    image

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