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 Replies: 13 / Views: 1,655 |
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Valued Member
United States
62 Posts |
I have an old edition (1999) Red Book, and it got me wondering: Is there any reason to keep old copies if I have a newer edition? Either way, I hate to throw out a good reference even if the prices are outdated. What do you do with them? |
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Moderator
 United States
14463 Posts |
I believe there is a market for older red books. Hopefully someone with specific knowledge will be along.
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Pillar of the Community
United States
9792 Posts |
A lot of people collect the entire set of Redbooks. I used to, but soon stopped as there are more important books I'd rather have in my library. The really early editions go for a bunch now, and complete sets sell for around $2000. For historical price reference they are interesting, but don't really reveal the true price of the markets like auction cataloges with prices realized sheets do.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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CCF Master Historian of USA Commemoratives
United States
12295 Posts |
My suggestion would be to keep the book. It doesn't take up much space on a bookshelf  and it can occasionally provide some interesting comparisons to current pricing. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Moderator
United States
189340 Posts |
I agree, no reason to throw it away. If it is taking up too much space, find it a new home.
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Rest in Peace
United States
4078 Posts |
Picked up a 1962 Red Book for .50 cents last week at a garage sale. Fun to go through and check prices and dream about a time machine. Hang onto the book! |
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Valued Member
 United States
62 Posts |
I guess I will keep it on the shelf. Ah, when the local coin shop had $10 Morgans...
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Valued Member
United States
75 Posts |
A used book store near my house is going out of business so I went in and had a look around. I found about 50 old red books marked for 5.00 apiece plus 30% off. I picked out 6 of them to get a good spread of years and proceeded to the checkout line. When the cashier rang me up she told me it was also buy 4 get the 5th free. I got 6 red books (years 1964, 65, 70, 80, 85, and 91) for 17.50. I think they are going to be a great tool, plus it will be fun to look back and see what coins went for back in the day.
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Valued Member
United States
62 Posts |
Hmm, that makes me think: it would be really interesting to see plots of different coin values over the years. There would probably be some surprising trends.
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Pillar of the Community
United States
9792 Posts |
Check out the pricing on 1903 Morgan dollars in the 1940-1960's compared to today, that'll shock you. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Valued Member
United States
62 Posts |
@westcoin
Wow, that must have been distressing for the collectors which took so much time and effort to acquire one of these. That's a price trend you don't see often.
Uncle Sam should clean the closet more often...
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Pillar of the Community
United States
9792 Posts |
Quote:
Uncle Sam should clean the closet more often...  "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
9792 Posts |
Just saw a first edition Volume One RedBook sell for over $2000.00 so there's that. Collectible books are making a return again. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Moderator
United States
56855 Posts |
If I remember right there is a page in the Red Book that lists older red books values.I got a 1962 (my birth year) on ebay a few years ago in mint condition for $5. John1  |
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Replies: 13 / Views: 1,655 |
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Posted 08/04/2013 11:30 pm
