Hi Eric,
First of all, welcome to the forum. Second, thank you for your services and sacrifies for this country (I may despise/again the president in all of his decision; however, I always respect those who serve and sacrified for FREEDOM). Now, let get into business....
People always said: "Buy the book before you buy the coins!" I can say that it's a good advice, but a better one would be: "Seek the knowledge before seeking the coins!". My reason is that "buy the book" is such a general term and doesn't really give much of a help, because there are good books and there a "junk books" - book publishing is another industry/money making tools for some. Nows-a-day, with the internet and libraries, you don't need to "buy the book" to get the knowledge. I can say from personal experiences that I gain more knowledge through search for articles and read them online, talk to experiences collectors, and find informations in this forum than from all the books that I bought (I spent $200-$300 on books already). I am not saying that books are no good, what I am trying to say is that not ALL books are worth your money.
For example: I bought "One Minutes Coin Expert" from Scott Traver a while back and I recently bought "Looking Through Lincoln Cents Chronology of a Series 2nd ED" by Charles Daughtrey (a member of this forum) for the same price and the knowledge gain is one on the first book for every five of the second one. I am not trying to endorse or give preferences to a fellow member (although part of the reasons that I bought the book was because of his name on it), I am just trying to say that books are just like everything else, you need to know the differences btw the good and the not so good so that you can spend your money wisely. You can search through this forum for some recommendation or post a new topic in regarding to "good books" for a particular coin series or as a general reference. For you to read all posts or acquire the knowledge that's being shared on this forum, you will have to spend at least 1-2 hours a day (just to scrape off the surface of the whole thing), which is generally what I do.
May be one of the Moderator can help you find some old links, but here are some...
http://www.coincommunity.com/forum/...FORUM_ID=116http://www.coincommunity.com/forum/...D=6495#50944In regarding to the "
Red Book", I don't think you need to buy another version, if you are thinking of using it as a price guide. I didn't listen to one of the "older collector" and use the book to price the coin that I buy....... that was like shooting myself in the foot. The Red Book can give you a decent amount of general reference guide in term of relative mintage as well as scracities and general grading guideline... but nothing else. For price guide, try to have a copy of the CDN (commonly called the "Grey Sheet"), it's the dealer pricing guide - you can get older copies from coin shop/dealer for free or a few dollars at most, you can also use the "completed auction" search on
ebay or the Heritage Auction Galleries (
http://coins.ha.com/common/auction/...s=1&stage=1) for most recent "market price"
I can suggest some books and may be other members can also help, if you can tell us more about your interest/background:
1) For grading: Photograde or
ANA Grading guide (I got both, but you don't really need to, they are similar, even though most people said Photograde grading scale/criterias are more stricter; while other said,
ANA Grading is "the standard") (they are less than $20/each on
Amazon)
2) For Lincoln Series: "Looking Through Lincoln Cents Chronology of a Series 2nd ED" by Charles Daughtrey ($19 on
Amazon) or The Complete Guide to Lincoln Cents by David W. Lange (about $20-$25 on
Amazon)
3) For Varieties: The "Cherries Picker Guide" volume 1 ( from
Half Cents to Nickels - spiral bounce - $32 on
ebay) and volume 2 (from Dimes to Dollars - around $25 on Ebay/Amazon)
4) For references/questions: Ask this forum or search online
I think those 3 are the most important/crucial for you to initially gaining the knowledge that will enable you to enjoy the hobby and spend your money wisely (on coins and books)- I spent most of my times on those 4 items listed above for all the information/references that I need.
DO NOT do any of these:
1) Buy coins on
ebay, unless you know exactly what you are looking at, don't assume and/or take risk in hoping to "score a deal"
2) Buy books or supplies from coin dealers - you can usually find better price online (book -
Amazon, supplies -
https://tradewindssupplies.storesecured.com/ or other online store) ***Make sure to check for detail description and SHIPPING COST
3) Run all over places and spend your money on any coins you just got your hand on or being offered by other as a "good deal" or "great investment"
4) Buy coins from TV commercial, regular ads on regular newspaper (usually modern or low grade/value coins are being offered for high price)
5) Buy coins from Littleton or promotion sent in the mail (usually packaged/attached with your credit card statements)
6) Buy plated coin (regardless of which precious material, such as "silver/gold/platinum")
Some "keywords" that I learned from others on this forums and "long-time collectors": Knowledge, focus, patience, ask questions, and enjoy what you have/bought/found.
Just sharing some lesson that I learned not so long ago.
Take care,
Bruce