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General Red Book Price Guide Question

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ScottWatkins's Avatar
United States
50 Posts
 Posted 08/08/2014  03:10 am Show Profile   Bookmark this topic Add ScottWatkins to your friends list Get a Link to this Message Number of Subscribers
I recently started CRH and finally got a Red Book, I was just hunting War Nickels and '09 but in the Red Book they list a lot of random dates with high mintage for over $1 like '82D, '82P, 83D and '83P etc... I have been through about 10 boxes already and have been passing them up, am I missing something? Why are those dates with a high mintage worth that? Any help would be appreciated before I get 10 more boxes in and kick myself for passing up a lot of decent nickels.
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ScottWatkins's Avatar
United States
50 Posts
 Posted 08/08/2014  03:37 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
So I guess that was a stupid question since nobody answered
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/08/2014  03:44 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Not a stupid question, just no one that has given an answer. The price guide in the Red Book, or anywhere for that matter, are guides only. It seems most are a bit high. Many people get prices from current sales on ebay or take current retail prices as a guided.
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ScottWatkins's Avatar
United States
50 Posts
 Posted 08/08/2014  04:07 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
Hey Fuzzy, I see you are collecting birth year coins, I checked my box from overseas and I have a 1 and 5 pfennig from Germany both '68 and a 10 Confoederatio Helvetica from I have no clue?
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/08/2014  04:14 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
If your 5 Pfennig is from Germany B.R.D. (West or Federal), when you have enough posts to sell we should talk.

Helvetica is Switzerland, we can discuss that one later as well.
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ScottWatkins's Avatar
United States
50 Posts
 Posted 08/08/2014  04:16 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
What do you mean more posts?
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/08/2014  04:19 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
yes, here are the Buy/Sell/Trade/Want List Rules. We don't want members to join only for selling or buying. We hope they become part of the community.
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ScottWatkins's Avatar
United States
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 Posted 08/08/2014  04:22 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
I don't want to sell them, they were in a cigar box I have all my money from deployments in, I'll give them to you to help you with your collection, they are just collecting dust and didn't even really think about all of them until I saw you were collecting from around the world, they are yours if you want them, I'm deff not doing anything with them.
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Fuzzy317's Avatar
United States
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 Posted 08/08/2014  04:25 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I appreciate the offer, but I need to follow the rules I help enforce. Hang on to them and we will talk later.
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ScottWatkins's Avatar
United States
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 Posted 08/08/2014  04:26 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
I'm not on here to sell anything, I am pretty new at this so I have a lot of questions. I'm just roll searching to pass the time and keeping what I have, but those foreign coins I'm never going to do anything with.
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Fuzzy317's Avatar
United States
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 Posted 08/08/2014  04:33 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I was the same way. I only had a few stray world coins until one fateful day I got the first coin for my Birth Year Set. Here it is 3 years later, and my BYS is 233 coins from 84 different countries.
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ScottWatkins's Avatar
United States
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 Posted 08/08/2014  04:37 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
Well thanks, I've only been doing this a few months and every time I googled a question it always brought me to this sight so I finally joined. Everyone is pretty cool on here and helpful so thanks for that.
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John1's Avatar
United States
56855 Posts
 Posted 08/08/2014  05:18 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
The prices in RB are high. A more accurate price can be found here http://www.numismedia.com/fmv/fmv.shtml
As for the 82's and 83's I think those were NIFC so they are worth a bit more then the average date.
John1
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ScottWatkins's Avatar
United States
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 Posted 08/08/2014  05:23 am  Show Profile   Bookmark this reply Add ScottWatkins to your friends list Get a Link to this Reply
Wow, those prices are a lot lower than the Red Book, but thanks for the website I book marked it.
Pillar of the Community
United States
1915 Posts
 Posted 08/08/2014  09:17 am  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
In 1982 and 1983 the US Mint did not issue mint sets. Therefore it is more difficult to find coins from those years in mint state. The harder it is to find, the higher the price.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/08/2014  11:31 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Also the prices in the RedBook are for MS-63 and 65 coins. After over 30 years any 82 or 83 nickels you encounter in circulation are VERY unlikely to grade MS anything. And once you get out of the MS grades the 82 and 83 nickels are just common coins worth little more than face value. They are a "condition rarity" In contrast look at the 2009 nickels. They have a small fraction of the mintage of the 82 or 83 but their low mintage was known even before the coins were released and the 2009's were heavily hoarded. The 09's seldom show up in circulation but are readily available in MS from dealers and collectors so their value in MS is little more than the other much more common dates around it.
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