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Should I Upgrade My Red Book?

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muddler's Avatar
United States
7192 Posts
 Posted 09/05/2014  5:44 pm Show Profile   Bookmark this topic Add muddler to your friends list Get a Link to this Message Number of Subscribers
Ok I have a 2009 copy of the Red Book is it worth wild to get a 2015 copy?

The hobby lobby thread has got me interested in a newer volume.
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kanga's Avatar
United States
5825 Posts
 Posted 09/05/2014  6:47 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
IMO, no.

Yes, the historical content of the Red Book is often added to.
And your older copy won't (obviously) contain info about coins issued after 2008.
But that newer info would most likely be just some catalog values and Red Book catalog values are essentially not reflective of the market.
That info is about a year old when the latest version hits the market.

Is there some other info that you think the book would contain that would merit buying a new one?
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 09/05/2014  8:52 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
Your Red Book isn't that old. Buy a coin with that money! ğŸ˜
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jbuck's Avatar
United States
188696 Posts
 Posted 09/05/2014  10:22 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
If you are looking for updated information (the ATB Quarters, Lincoln Centennial, etc.), then yes.

If you are looking for more current prices, then no.
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tkbslc's Avatar
United States
1158 Posts
 Posted 09/06/2014  12:12 am  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
I generally find the Red Book to be pretty close with prices. But I'd probably save the $10 and use numismedia.



Bedrock of the Community
United States
20753 Posts
 Posted 09/07/2014  10:12 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I collect the hard covered version of the Red Book so I buy one every year. Never open those though. I keep a ringed version for info. I've found that a 5 year old version is good for prices. I've been using a 2010 edition for prices and it is really fairly good. And if you download that discount coupon on the internet for Hobby Lobby, you can get a really nice discount and have the latest version for info.
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muddler's Avatar
United States
7192 Posts
 Posted 09/07/2014  12:03 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Just Carl, that's what I was thinking, discounted at hobby lobby and I have the modern additions to see mintages.
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duncanbishop24's Avatar
United States
898 Posts
 Posted 09/07/2014  12:16 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
tkbslc, how standard is numismedia for prices, I know it's better than the RedBook, but is it pretty accurate? I normally look what sold listings on ebay are combined with numismedia for that.
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Penny Guy's Avatar
United States
531 Posts
 Posted 09/08/2014  11:47 am  Show Profile   Bookmark this reply Add Penny Guy to your friends list Get a Link to this Reply
I would recommend buying updated reference books only if you care about having current information. The 2015 Red Book was updated to reflect recent research on mintages for one of the coin series I collect.
Bedrock of the Community
United States
20753 Posts
 Posted 09/10/2014  1:20 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
tkbslc, how standard is numismedia for prices, I know it's better than the RedBook, but is it pretty accurate? I normally look what sold listings on ebay are combined with numismedia for that.

Remember that any and all price guides are just that, GUIDES. They are only as accurate as the people that make them. Regardless of who says what about a coins price, it means nothing if you really want to know it's value. The only true way is what is it selling for. And the place to do that is on ebay I guess.
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