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Replies: 14 / Views: 2,894 |
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Valued Member
United States
84 Posts |
So I purchased a new copy of the 2022 Red Book. Looking at the value of various coins, it made me wonder how often this changes and what is a good rule of thumb for purchasing the new editions? Thank you.
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Moderator
 United States
56855 Posts |
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Valued Member
 United States
84 Posts |
Hey John-thanks for that link! I LOVE the way it breaks everything down! 
Edited by MissyLynn 08/25/2021 4:30 pm
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Bedrock of the Community
United States
94367 Posts |
Still using my 1998 edition for mintages and background info. That's the last one I purchased.
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Moderator
 United States
188110 Posts |
Agree on values. They are almost always high retail and outdated by the time it prints.
I get a new one every few years for updated information, especially the recent mintage numbers.
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Rest in Peace
United States
10625 Posts |
I just bought the Mega Red last year from Ollies (thanks to a hot tip by a CCF member). My previous version was my 26th edition (bought new) that replaced my 14th edition that I acquired used 3 or 4 years prior.
Edited by dave700x 08/25/2021 5:31 pm
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Pillar of the Community
United States
1484 Posts |
Agreed that it's good to have a copy at hand, but no need to replace every year (or even every 10 years.). My last update was a clearance 2018 Red Book.
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Pillar of the Community
 United States
3641 Posts |
For the regular Red Book, I used to purchase every 5 years or so (and, as others mentioned, the pricing information is not really useful other than in some relative sense). However, since the Mega Reds came out, I've bought every one of those for the large amount of supplemental information they provide in each one.
Edited by hokiefan_82 08/25/2021 8:06 pm
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Moderator
 United States
34397 Posts |
Yikes, the world has changed a bit since I got my '79 RedBook. If I go back to actively collecting US coins, I probably should upgrade. 
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Moderator
 United States
188110 Posts |
Quote: Yikes, the world has changed a bit since I got my '79 RedBook. If I go back to actively collecting US coins, I probably should upgrade.  
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Pillar of the Community
United States
9792 Posts |
Every US coin collector should buy and read every page - especially the early parts of the Red Book. It will teach you more than you know. Now I'm not saying you need to read every mintage and price, but at a minimum the header information on each coin, and scan over the mintage's, learn what's rare, see the more known varieties, and the beginning us an amazing look into our countries early history. I usually get one every 5 years now, most come free at various banquets or shows I attend, I can't remember the last time I paid for one.
"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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Bedrock of the Community
United States
19144 Posts |
Mega Red every three years or so for me.
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Pillar of the Community
United States
561 Posts |
I've got my 2020 and that will hold me out for long enough. Maybe in 10 or 20 years I'll buy another just have a printed visual of whatever the mint got themselves into in a few decades but I already use ebay and PCGS for prices and google for pictures, so all the book does is put it in a nice single place. No new copies for me!
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Bedrock of the Community
United Kingdom
17915 Posts |
I'm currently using a 2014. Not planning to replace it for the moment.
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Pillar of the Community
United States
7276 Posts |
I have the 2020 and 2022, I should have waited a few more years but wanted the 2019 ASE mintage.
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Replies: 14 / Views: 2,894 |
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