Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Bought A Red Book

To participate in the forum you must log in or register.
Author Previous TopicReplies: 14 / Views: 1,836Next Topic  
Valued Member
rcfarmer's Avatar
United States
71 Posts
 Posted 01/17/2015  11:22 am Show Profile   Bookmark this topic Add rcfarmer to your friends list Get a Link to this Message Number of Subscribers
As a newby I have really liked reading all the posts, and decided that I needed a good reference book. So I went on everyones favorite auction site and bought the 2014 Red Book because that was the cheapest one and the bonus for me was it was the large print version. The great thing was I got it in 2 days, so I am already able to look and learn. I really like the large print for a new guy, the pics are that much easier for me to figure out the finer details.
Pillar of the Community
Learn More...
BStrauss3's Avatar
United States
4593 Posts
 Posted 01/17/2015  11:43 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply


Good.

Lot of good data in the Red Book, just don't pay too much attention to the prices. They are out of date by the time the book was printed (late 2013) & they represent full retail. We all hope to pay less than that when we buy and of course we know we'll get less when we sell...
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
CCF Sponsor
Scropper's Avatar
United States
702 Posts
 Posted 01/17/2015  11:44 am  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
I believe that's also a spiral bound, which is what I like because then it lays flat open and I don't have to worry about messing up the binding by holding it open!

I actually collect Red Books. For me, it's a fun and inexpensive way to track values of particular grades of a coin. No, it sure is not exact, but when I'm doing a big purchase there's nothing wrong with a 50 year trend line to extrapolate and examine! (And it's fun for me because... well, I'm a coin nerd.) You have to make some assumptions about coin grading, but...

If you think that 2014 was cheap, see about a 2004 and a 1994 (and a 1984, et cetera). It's not until you get back to the '50s that they get expensive.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 01/17/2015  11:54 am  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

I remember my first Red Book. I spent hours looking at it. I was amazed at how very little I knew about US coins, not that I thought I knew a lot, but there was more than I ever expected.

Enjoy!
Pillar of the Community
matthewvincent's Avatar
United States
3486 Posts
 Posted 01/17/2015  1:04 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Reading the ' Red Book' every few years has kept my knowledge fresh.
And yes, ignore the prices. The book's value lies in its succinct descriptions of each coin;s place in history.
Welcome rcfarmer!
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 01/17/2015  3:22 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply

Quote:
bought the 2014 Red Book

Rcfarmer, you are on the road to doom and gloom. Better known as, "coin collecting."
Bedrock of the Community
United States
20753 Posts
 Posted 01/17/2015  6:35 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Great book. I suspect Whitman Publishing owes this forum a lot of money for all the suggestions made here to by one. I like many people collect that Red Book. I now have all of them from the 1st Edition to present. And I'm old enough to have purchased the that 1st one when it first came out.
Just remember that as a book made once a year, it is almost impossible to predict the days values of coins.
Pillar of the Community
NJ Bob's Avatar
United States
655 Posts
 Posted 01/17/2015  6:50 pm  Show Profile   Bookmark this reply Add NJ Bob to your friends list Get a Link to this Reply
rcfarmer welcome!



You made a very smart move. The Red Book is a great source of info, even if the coin values are a bit inflated, but they do give you a good idea of the relative value of the coins.

If you have any questions be sure to post them. There are literally thousands of folks here that will be happy to help you learn more.

Valued Member
rcfarmer's Avatar
United States
71 Posts
 Posted 01/18/2015  09:58 am  Show Profile   Bookmark this reply Add rcfarmer to your friends list Get a Link to this Reply
Thanks for the input, I really bought it for the info about the coins, the prices are not too important to me. Most of the coins are way out of my price range. But this book gives me the info I need to start doing something I have really found interesting on this board and that is coin roll hunt.

Pillar of the Community
Learn More...
BStrauss3's Avatar
United States
4593 Posts
 Posted 01/18/2015  12:48 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Well then... the next thing you need to do is sell your first few good finds and buy the CherryPickers Guide for the series(es) you like. THAT will keep you off the streets and out of trouble (grin)...
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
Moderator
Learn More...
jbuck's Avatar
United States
189311 Posts
 Posted 01/19/2015  10:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

You made a good step in the right direction.
Pillar of the Community
tkbslc's Avatar
United States
1158 Posts
 Posted 01/19/2015  11:43 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
Everyone says to "ignore the prices" but I have found them to be pretty close in most cases. It clearly indicates which coins are going to be too expensive for me, anyway!
Pillar of the Community
westcoin's Avatar
United States
9792 Posts
 Posted 01/20/2015  01:05 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
I really bought it for the info about the coins


BEST BOOK published for basic information in an easy to understand and read format IMO. You're off to a great start now.
"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
Pillar of the Community
CLS12's Avatar
United States
509 Posts
 Posted 01/20/2015  10:27 am  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
If only you posted this last week, I didn't think about buying the 2014. I ordered the cheapest 2015 on the bay... Haven't bought one in 10 years, so 2014 would have been fine with me.
Pillar of the Community
Chute72's Avatar
United States
1314 Posts
 Posted 01/21/2015  04:57 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
Welcome rcfarmer, sounds like you're off to a good start. I'm not sure I would sell my earlier finds, due to the emotional attachment. I finance my addiction buy cutting corners in other ways. Soap is a luxury. Turn off the lights to save electricity and learn Braille. Sweaters not furnaces. If it grows in the refrigerator, it's probably healthy. Have Grandma show you how to get free sweeteners. Well, you get the idea.
Welcome aboard.
  Previous TopicReplies: 14 / Views: 1,836Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.53 seconds to rattle this change. Forums