rpm question please?

Discussion in 'Error Coins' started by bryantallard, Apr 21, 2012.

  1. bryantallard

    bryantallard show me the money....so i can look through it

    rpm's that are clearly visible i get a few bucks for. $2.95 a piece to be exact. the fact that this one is so strong, could it get more?
    3.jpg
     
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  3. rascal

    rascal Well-Known Member

    this don't look like a RPM to me , it looks more like what we call mechanical doubling " MD " actually on our newer coins I don't think any of them would have a repunched mintmark since the mint workers stopped placing the mintmark on the coin dies by hand.
     
  4. rickmp

    rickmp Frequently flatulent.

    Nope. Can't be RPM. It's MD. Mint marks were not hand punched in 2000.
     
  5. d.t.menace

    d.t.menace Member

    You sell ones like this as RPM's?
     
  6. desertgem

    desertgem Senior Errer Collecktor Supporter

    Appears to be die deterioration to me.
     
  7. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna


    So you are selling coins without having the faintest idea what you are doing? You should be real proud of that hard-earned "$2.95 a piece to be exact".
     
  8. bryantallard

    bryantallard show me the money....so i can look through it

    first of all...i usually deal in pennies pre 1982. i just happened to notice this. secondly....in my e-bay listings i make it clear i am not a dealer or professional. if i am not 100% sure i tell them that and that they are bidding solely on their own knowledge. and i still offer 7 day money back. so needless to say my rating is what? 100% :) thirdly... it's people like you that make others reluctant to ask questions. you were not born with the knowledge you have now. i am not perfect...and neither are you. so on that note. the next time you make the mistake of thinking you are...try walking on water and see how far that gets you!!!! there is no reason for you to be rude!!!
     
  9. Kasia

    Kasia Got my learning hat on

    On just one point. Ebay makes it easy for non-professionals to sell what they want, on the basis that as long as they disclaim knowing what their item is or isn't, and leaving it up to the buyer to have the knowledge. Of course, having a return policy of 7 days and a 100% feedback is so indicative of an upstanding seller. Well, fleecebay would like people to believe that. Even if one of the reasons a number of sellers get 100% is because ebay is doing all it can to prevent buyers from giving negative feedback and has outright banned sellers from leaving negativ feedback.

    So keep thinking you are not in the wrong in any way. So much simpler than taking responsibility for what you are doing.
     
  10. Kasia

    Kasia Got my learning hat on

    I would guess 'yes'.
     
  11. ikandiggit

    ikandiggit Currency Error Collector

    If you're selling these as RPM's that is misrepresentation. You are selling something that is not what you claim. This is no different that selling a coin with machine doubling and calling it a doubled die. Pleading ignorance is no excuse ie."I'm not a dealer or professional". It's ripping people off.
     
  12. jloring

    jloring Senior Citizen

    Boy, you guys are harsh. Is it wrong if I sell Ikes at the local flea market at two for three dollars, when the buyer could walk across the street to the bank and get them at face? Or Kennedy halves three for five dollars? I don't feel guilty or have any remorse.. the buyers know what they're getting. Most say they've never even seen these coins before. Of course, there's no misrepresntation, but I don't think the OP actually knew he was misrepresenting the coin. I also realize ignorance is no excuse, but it works both ways (buyer and seller).
     
  13. rickmp

    rickmp Frequently flatulent.

    Are you selling them as something other than everyday Ike's and Kennedy's? The OP is listing his coins as something that they are not. Very large distinction there. In my opinion, no one has been too harsh on the OP.
     
  14. Kasia

    Kasia Got my learning hat on

    It's not wrong to sell Ikes for a few bucks. It's wrong to sell them as rpms if they aren't and give the old "well, the buyer should know - it's not my fault". Besides, he's claiming to be not a dealer or a professional, making knowledge of his product only the buyer's responsibility. He may not be a 'dealer' in the sense that he doesn't sell coins as his primary job, but he's a dealer if he sells - or 'deals' in an item. Try getting popped for selling something illegal and being charged with dealing. Pretty much guaranteed selling and dealing, and by extension, being a seller and being a dealer, are one and the same both legally and by definition.
     
  15. d.t.menace

    d.t.menace Member

  16. jloring

    jloring Senior Citizen

    I guess what the OP needs to do is a little more research before listing his coins as "errors". I've found that most coins listed as "errors" on eBay are, in fact, non-errors.
     
  17. pennsteve

    pennsteve Well-Known Member

    You have banks that will sell you Ike's? Every bank in my area says they don't have them nor can they get them. The only way they can get them is if a customer brings them in and cashes them in, and then THEY (the tellers) buy any of them that are silver.
     
  18. jloring

    jloring Senior Citizen

    I always ask for Ikes, Kennedy's and Sac's whenever I go into the bank. You're correct about the Ikes, but I'm usually able to pick up a few. Sometimes I get lucky, a few weeks back they had fifty Ikes someone just brought in and $45 in halves (there were six '64's and ten 40% in that lot).
     
  19. ikandiggit

    ikandiggit Currency Error Collector

    The thing is.... if I buy something that is advertised as a "variety" or "error", and it's not, I feel like I've been ripped off. Why would I pay more for something that is just die deterioration? It's not a variety or an error.
     
  20. bryantallard

    bryantallard show me the money....so i can look through it

    i was checking my pocket change and it stuck out at me. i did not sell this coin. without seeing the coins i DID sell, no one can say i "misrepresented" anything. and even if i did for the sake of conversation...it was an HONEST mistake. so therefore it does not warrant being talked down to. so "ignorance" is apparent here, but not with me. it's pretty easy talking down to people from behind a computer. there is a right way and a wrong way to tell people they are wrong, let membe the firs tell you that yours was the WRONG way. you should really learn communication skills.
     
  21. jloring

    jloring Senior Citizen

    I hear you bryan... I guess some members could be a little more "tactful" in their responses, but I think it was the wording you used in your original post. I personally don't have a problem with selling coins for a few bucks, even if I'm not sure what they are. However, I'm not a "purist", that's for sure. I do not take my hobby seriously enough to take offense at someone selling any coin for $2.95, nor to I take offense at anyone calling me names or giving me a hard time. I'm too old for that baloney. A lot of the members on CT live and breathe coins, and will let you know it if they think you're doing something wrong. So "talking down to people from behind a computer" seems commonplace.. but I wouldn't worry about it.
     
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