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United States
164 Posts
 Posted 03/14/2008  05:46 am Show Profile Bookmark this topic Add rohumpy to your friends list Get a Link to this Message

IMO the one reference every collector should have is the RedBook. Yes, I know the prices are suspect if not fantasies in some cases. BUT, the amount of information this one little book has is unbelievable. If you can have only one coin reference this should be it.

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 Posted 03/14/2008  06:10 am  Show Profile Bookmark this reply Add chill to your friends list Get a Link to this Reply
Yup. It's a good book.
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 Posted 03/14/2008  07:52 am  Show Profile Check rggoodie's eBay Listings Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
For those who are new to the forum or coin collecting

The U.S. Coins Red Book, properly known as A Guide Book of United States Coins and published annually, is a widely-used retail price list for U.S. coinage. It is called the Red Book because of its red cover. The Red Book lists the values of practically every known U.S. coin ever minted, with most coins showing prices in several condition grades.
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 Posted 03/14/2008  08:28 am  Show Profile Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Yup......when I first got one.......it certainly educated me and became my travelling "bible"....not really a "price line".......but EVERYTHING is there! My dad's old Blue book from the 1970's was all I had before........and that was NOT a good reference guide....(neat to compare though)
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 Posted 03/14/2008  08:40 am  Show Profile Bookmark this reply Add chill to your friends list Get a Link to this Reply
quote:
Yup......when I first got one.......it certainly educated me and became my travelling "bible"....not really a "price line".......but EVERYTHING is there! My dad's old Blue book from the 1970's was all I had before........and that was NOT a good reference guide....(neat to compare though)


Blue book is a listing of dealer bid price .. correct?
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 Posted 03/14/2008  08:42 am  Show Profile Bookmark this reply Add OldGold to your friends list Get a Link to this Reply
I still remember reading The Red Book when I was a kid.
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 Posted 03/14/2008  09:18 am  Show Profile Check BadThad's eBay Listings Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Here's an interesting story on the Red Book prices....

I've completed all my Lincoln proofs. In Excel I have a list of all the coins along with Red Book price and the price I paid. I totalled the price columns and it ended up being almost the exact same! I was surprized it was that close.
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 Posted 03/14/2008  11:15 am  Show Profile Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Interesting "find" there BadThad!

Now here is my not so interesting Red Book story... A week or two ago I was watching The Celebrity Apprentice and their task involved RedBook Magazine. Of course when I first heard them utter " RedBook" that night, I got very excited, only to be quickly disappointed.
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Edited by jbuck
03/14/2008 11:15 am
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 Posted 03/14/2008  11:23 am  Show Profile Check TheForce's eBay Listings Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I have never owned a Red Book. I agree though it has some valuable information but the prices I don't think truly reflect market conditions.
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 Posted 03/14/2008  12:48 pm  Show Profile Bookmark this reply Add philney to your friends list Get a Link to this Reply
I agree that the wealth of information is invaluable. I am fairly upset that the greysheet has become available to everyone with $4. The problem is that people don't realize how the hobby works and that these are static price guides and cannot be deviated from.
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Canada
82 Posts
 Posted 03/14/2008  12:51 pm  Show Profile Bookmark this reply Add grmike to your friends list Get a Link to this Reply
What's the RedBook price for a 1994 P proof silver eagle ?

pcgs lists it at around 200 dollars in pr63+ grade
numismedia only shows up to pr60 and lists that grade at 32 dollars (doesn't seem realistic considering a couple were sold on eBay yesterday for close to or more than 200 dollars).
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 Posted 03/14/2008  3:20 pm  Show Profile Bookmark this reply Add philney to your friends list Get a Link to this Reply
The Red Book Lists the 1994 at 225.00
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 Posted 03/14/2008  3:41 pm  Show Profile Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Chill.......
Yes, the Blue Book is generally a "dealer price" guide to buy them......be great if the average fella could buy coins at those cheap wholesale prices ! But it's pretty unlikely......somewhere between there and the RedBook prices are more realistic for us.
Some people look at the Blue Book as "buying" guide and the Red Book as a "selling" guide....but that's really not accurate at all either. What a dealer will pay and what we'll pay are light years apart !
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 Posted 03/14/2008  10:18 pm  Show Profile Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
When will 2009 Red Book be out? I thought it was usually in April sometime?
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Canada
82 Posts
 Posted 03/15/2008  08:14 am  Show Profile Bookmark this reply Add grmike to your friends list Get a Link to this Reply
quote:
The Red Book Lists the 1994 at 225.00




ok thanks
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275 Posts
 Posted 03/15/2008  08:28 am  Show Profile Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
Tpatna :
When will 2009 Red Book be out? I thought it was usually in April sometime?

Just got this off Whitmans web site .

2009 Red Book U.S. Coins Spiral $14.95
Pre-Order Now. Ships on April 8th, 2008. Get Free Shipping on your entire order when ordering this title. Your order will ship immediately and your Red Book will ship on April 8th. The Official Red BookA Guide Book of United States Coinsenters its 62nd year with no signs of slowing down! Americans nationwide look to this "one-volume library" to tell them how rare their coins are and how much they're worth. Collectors rely on it for its full-color photographs and detailed technical data. The Red Book covers the history and values of colonial and early American coins, half cents through silver dollars and gold, commemoratives, Proof and Mint sets, errors, Civil War tokens, territorial gold, state quarters, Presidential dollars, and other U.S. coins, with practical essays on grading, investing, auctions, and more. Pricing for more than 6,000 coins, more than 700 full-color photographs, updated values, mintages, and auction records. Expanded coverage of commemoratives, sets, and other coins. New state quarters and Presidential dollars. Full Color. 432 Pages. Spiralbound. Bressett.

Seeking:I will wait have a 2008 for now .

Rainman
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