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I vaguely remember a discussion about adding the "RC" to an insert set (under the notes section)....Was there a conclusion on this?

RC should only be listed on the base card.  Parallels and Inserts are not "official" rookie cards.  There are some minor exceptions to this rule, but that is the rule of thumb.

An exception I can think of is the NBA release of 96-97 stadium club Rookies 1 insert.  There were no rookies in the base set, so the first series of the insert got the RC.  Even that may not be 100% official, but it was collectively agreed that would be acceptable.  

There was also an instance where in the early 90s, in hockey, Topps released the Gold parallel set. Instead of including a gold parallel of the checklists, they created cards of players that didn't have cards in the base set, some (if not all) of them were rookies, and they are allowed the RC tag. It is a very rare exception when a parallel or an insert gets the RC tag. Generally speaking, the older sets on here have already been tagged properly, so no need to revisit. Newer sets will be a lot more clear cut.

Thank you for the clarification and examples...much appreciated.