OMG! 1930 S RPM Penny

+1

Yes, if you aspire to be a dealer online and sell any varieties at all, you will need to invest in a decent camera and possibly a USB scope as non cents mentioned. Granted, the photo below was taken using a conventional stereomicroscope, but it will give you an idea of what a USB scope can do.

Chris

 

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I wont be able to at the momment, but i understand a good camera is a must.

 

I hope once im older, mabye even 14 or 15 ill maintain a nice online store, or ebay place and sell dozens of great coins weekly.

 

Now that you have a camera, maybe you can take pictures of the coin, hmmm?

 

Is it really neccesary? I dont want to take it out of its 2x2, it alrady looks sexy there, and I got it appraised yesterday.He agreed it is a 1930 s rpm, he said it was a very nice rpm as well, and it has splotchy toning, that is NT, and is in MS. So I say I was pretty much spot on.

 

There's really no point in making a thread about it if you're not going to post pictures in the first place.:rollling: I would like to see the coin, and I don't think that is an unreasonable request.
As I said before, people at your local coin shop may not be the most knowledgable on die varieties. If you don't mind, I would like to confirm it for you. Perhaps it is a repunched mintmark, but not the one you specified. In that case, I could help you identify which one it is.

In addition, you have referenced 2 different RPMs in this thread. First you say it is Coneca RPM-002, but later you said it is coppercoins 1MM-004 (which is Coneca RPM-007), so that makes me question the legitimacy of the RPM.

 

Let him keep it to himself. If he's wrong, so be it. He can learn the hard way.

Chris

 

I can guarantee you about 100 %A that I got the wrong RPM, but really im curious to see which one it really is.

 

Does this help?

 

You say MS64-65? The coin looks harshly cleaned in my opinion. If I had to guess, I would say die deterioration. Mintmark position does not look correct for 1MM-004 based on the photos provided.

 

I thought mabye it was an early stage. I said it looked MS with no wear visible at all, and why do you say harshly cleaned? Im not good at all at cleaned coins so I would like to learn how to spot one. Can you idenitfy what RPM it is? And Do you see the awkwardness of L in Liberty?

 

Actually, there is quite a bit of circulation wear. Lincoln's hair, beard and ear lack any details, and there are many nicks, particularly the one in his head.

The "L" in LIBERTY may be attributed to circulation damage. It doesn't take much of a hit to push it out of it's vertical position and still remain intact. We see this all the time.

Chris

 

SO, obviously I suck at grading, can you give me an idea on grade?

 

E for Effort?

 

Who appraised this coin and told you it was MS? Could it be that someone is again telling tall tales?

 

they didnt grade it. They just said it was a RPM for sure.

 

Well now we know how he got the coin for 25 cents...it is harshly cleaned, removing pretty much all of its value. Even if it was an RPM (which I doubt it is based on the condition of the coin), its value is pretty much 1 cent. You didn't cherrypick anything of great value, as you eluded to in your thread about how to make money dealing, unfortunately.
Keep up the hunt.

 

It takes time to learn so don't be so hard on yourself. Without seeing the reverse, but assuming that it is similar to the obverse, I would guess VF if there is no damage.

Chris

 

Am I a bad person if this is my favorite type of thread?

 

wow, thats a big bummer.