Question:
I would sincerely appreciate knowing the criteria that
exiles an RPM into the dreaded
too
minor category.
Answer:
I would like to answer this
question in two parts. There are two major factors. The first
answers the question,
Why is there a category called
too
minor. The second answers the question,
Does anyone else want
to buy one? The first question can be answered in one word;
practicality. There are hundreds of RPMs where only
splits in the serifs (SS) are visible. In the vast majority of
cases it is practically impossible to distinguish them apart by
die. Yes, there are probably some differences in die scratches
or die gouges, but we all know that these often change several
times in the life of a die. Thus it is next to impossible for
me to be certain that a particular SS RPM is not a duplicate of
one already in my collection and just as impossible for me to
convince someone else that they need a particular SS RPM to
complete their collection. Since we lack the sophistication to
distinguish between dies on SS RPMs it is impractical to list
them at this time. In addition, there are hundreds if not
thousands of these SS RPMs. The time involved to catalog,
then search the catalog to attribute them far exceeds any
premium value they may have.
The second question can also be
answered in one word; collectibility. In the area of minting
varieties each person decides for himself what he/she is going
to collect. By common consensus RPM collectors have decided
that certain examples of RPMs are not to be included in ones
collection, primarily based on practicality as noted above.
Some RPMs even though they have a very close separation are
considered collectible (Would I as an RPM collector want to pay
to add this coin to my collection) again based primarily upon
the ability to distinguish it as a unique die.
Determining an RPM to be too
minor to list is by its current nature a subjective evaluation.
Since we are dealing with very small measurements, hundredths or
thousandths of an inch, and most of us do not have access to
highly sensitive equipment for measuring these small increments,
no scientifically quantifiable and therefore objective
measurement for evaluating an RPM to be too minor has been
established. The first thing I look for are any markers that
help me in distinguishing this RPM as a unique die. Most of the
time the major marker is in the mintmark itself. Strength of
doubling, direction of doubling, and position of the main
mintmark relative to the design (usually the date though
certainly not always as some mintmarks are on the reverse of the
coin or positioned away from the date) are the most important
elements. Secondarily, I look for die cracks, die chips, die
scratches, die gouges, and die state on both sides of the coin.
With all this information in hand, I make a subjective
decision. Is it identifiable as a unique die? and would I buy
one? If I can answer yes to both questions, I list the coin.
If I cannot, I give it the dreaded,
too minor label.