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Everyone Knows About The Red Book...but Do You Also Use

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stampvirgin's Avatar
United States
1247 Posts
 Posted 10/21/2013  7:08 pm Show Profile   Bookmark this topic Add stampvirgin to your friends list Get a Link to this Message Number of Subscribers
The Blue book?

Red Book is great for coin identification and information on them, but we all know prices are high.

However, the blue book seems to be more in tune to what dealers will really buy. anyone here use this?
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BStrauss3's Avatar
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4593 Posts
 Posted 10/21/2013  8:15 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
The Blue Book was always the wholesale or buy prices. Not sure how realistic it is any more, all I've ever seen used is the weekly grey sheet + some online auction searches.
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ndwlegal's Avatar
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 Posted 10/21/2013  9:57 pm  Show Profile   Bookmark this reply Add ndwlegal to your friends list Get a Link to this Reply
Where do you go to find grey sheet prices? Is there a subscription?
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westcoin's Avatar
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 Posted 10/21/2013  10:10 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Greysheet is the Coin Dealer Newsletter, they also have the green sheet for currency, the blue sheet for certified coins. The weekly grey sheet also comes with a monthly and a quarterly issues that break down and list more coin.

http://www.greysheet.com/
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
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BH1964's Avatar
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10982 Posts
 Posted 10/22/2013  03:07 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I have a 2013 Bluebook. They're cheap to pick up and have some decent info min them. As far as prices go it runs low end wholesale on most stuff. That's a lot more realistic than most price guides but certainly not what I would "ask" if selling.
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kanga's Avatar
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5825 Posts
 Posted 10/22/2013  09:11 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Both the Red Book and the Blue Book have the same problem.
Their pricing is out of date by the time they hit the book shelves.

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20753 Posts
 Posted 10/22/2013  09:34 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Both the Red Book and the Blue Book have the same problem.
Their pricing is out of date by the time they hit the book shelves.

Of course. You have to remember that they are yearly publications and can not possibly fortell the future. The Red Book's prices were always supposed to be the highest price anyone should pay for a coin and the Blue Book was supposed to be the lowest possible price. Neither book was ever supposed to be the latest guide to prices. Prices of coins as well as many other items, can vary due to the economy, location, weather, your shoe size, etc.
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westcoin's Avatar
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9792 Posts
 Posted 10/22/2013  6:43 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
As much as I love books, the printed page will for sure be out of date on pricing, especially in a market that is tied so closely to metal commodities. One of the best online up to date pricing guides I use besides looking at completed sold ebay and Heritage auctions is numismedia.com. They are really giving the old Coin Dealer Newsletter (greysheet) a run for their money.
"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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