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Very Nice New Lincoln Cent RPM From Circulation

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I know that searching circulated rolls of Lincoln cents is not everybodies "cup-of-tea," however, for those of you that do -- here is a very nice newly reported 1973-D Lincoln cent RPM. This very prominent D/D south was reported to me from Bob Mohan of Illinois and to the best of my knowledge the first time seeing this one. The coin examined would, IMHO grade around an XF maybe AU. I could imagine a gem BU would really be super nice! It is now assigned in my "C" files as 1973-D/D 1c CRPM-003. Makes one wonder why this easily to see RPM hasn't been reported before. Discoveries are out there to be found.

 

If any of you come across a specimen -- please let me know so I can update my "C" files as to its overall rarity. Obviously right now -- it is URS-1. I have looked at a lot of 1973-D cents thru all the many years of searching circulated rolls. I can only guess I wasn't at the right time -- right place. Congratulations to Bob Mohan!

 

73dcrpm3p1.jpg

 

73dcrpm3p2.jpg

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I know that searching circulated rolls of Lincoln cents is not everybodies "cup-of-tea,"

Hey Billy,you forgot to add : " poke2.gif Hayden."

27_laughing.gif

 

I saw that one in your NN article,quite a wopper!!!

I think that it looks even better when you view it in contrast with the rest of the coin:date,bust,rim,etc...nice piece!

How much would you estimate this one being worth?

-Hayden

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Billy --

 

You are absolutely killing me with these finds in circulation! Envy is a nasty emotion. Congratulations on the find and on the article. thumbsup2.gif I subscribe neither to NN nor CW. I suppose I should do one or the other. Which do you recommend? grin.gif

 

Edited to Add: I read your post more carefully and see that the coin wasn't your find. I'm still envious, though, because you got to hold it. tongue.gif

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"I subscribe neither to NN nor CW. I suppose I should do one or the other. Which do you recommend?"

 

Well --- lets see now. Since I write for NN, would you care to take a guess which one I would recommend? Kidding aside, both contain a wealth of information so either one is recommended. However, obviously I would be biased towards NN.

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"How much would you estimate this one being worth?"

 

Since this is a new discovery -- obviously no sells would have been established. Tracks records for other RPMs for the '80's Lincoln cents can bring $25 to $50 or higher depending on grade, strength of re-punching and rarity of that particular variety.

 

Why it took over 30 years for this to be reported is amazing since it is very easy to see. Heck -- a very low power loupe and one could see this RPM in a second. It's hard to gauge -- but RPMs of this strength and easy to see can bring upwards of $50 to $100 depending on grade and how many of these are located. A gem BU red could bring around $150 to $200 if it remains scarce to find. I would guess since the article has now been published in NN -- anybody with rolls of '73-D cents probably will be cracking and checking.

 

Should be interesting to see what happens. I'll state this -- if anybody comes across one and it's a no problem AU -- I will offer $100 on the spot.

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However, obviously I would be biased towards NN.

 

I inserted the grin.gif after my answer to let you know that I expected your recommendation. Do you freelance or are you on staff?

 

More on topic -- the spread on that RPM is tremendous.

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"Do you freelance or are you on staff?"

 

I am under contract to NN. I must submit any articles to NN first. After submitting the article to NN -- they (NN) have what is known in the press as "first right of refusal." This simply means that if the article I submitted to NN is decided not to be published by them -- then I am free to submit that article to any media press.

 

On another note -- when I submit an article to NN and they publish it -- then I am paid for the article as well as the photos one time. NN can publish the article as many times as they want or for that matter publish it in a sister magazine (Coins Magazine). But I am only paid the one time. The article is always copyright -- and any time NN publishes the article -- it must have my by-line.

 

So -- technically I am not on staff -- nor technically am I freelance.

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Thank you. That is a very cool variety.

 

There are a lot of unreported varieties in the later coins and many of these probably won't exist in unc because people never bothered looking at these coins. Mint set coins do contain some varieties but few dies are used to make these and they tend to be common simply because they are in the mint sets.

 

What's even more interesting is the large numbers of important coins that are known only in high grade or unc. Usually only a few are known to exist despite the fact that dies strike hundreds of thousands of coins.

 

There are few people looking at the coins in circulation and most simply have never been looked at. This is a far cry from the situation that prevailed in the 1950's where every coin passed through a fine screen of avid collectors over and over and over.

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