The Red Book? - Coin Community Forum

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Author	Replies: 3 / Views: 923
just carl Bedrock of the Community United States 20753 Posts	Posted 02/21/2009 12:24 pm Ever wonder why the Red Book is so outdated with prices? Just got an email from Whitman about the 2010 edition. Available April 7, 2009. Think about that. Every year since the very first edition that book comes out in April or May of the preceeding year. I've asked Whitman why? Told it is now tradition. The first 1947 version came out in early 1946 so it is now tradition to continue a one year in advance version. So think about this. Probably takes many month to compile information. Then who knows how long to proof read the info, verify the info and then start the printing process. So I would suspect that the 2010 edition was actually started somewhere in 1960 or near that.Slight exageration there. Maybe in 1970. So that is why the prices are rediculous unless they hired someone that can read the future. If you order now there is no shipping charges at Whitman. Report this Post to the Staff

chris12018 Pillar of the Community United States 2130 Posts	Posted 02/21/2009 12:37 pm Do you mean the listed prices are low oh high? Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 02/21/2009 2:56 pm Quote: Do you mean the listed prices are low oh high? As a general rule the Red Book Prices are about 20 to 25% to high. I suspect this is due to they really don't have any idea so they take the prices of last year's edition and just tack on a percentage. This should be obvious since there is no way they could know coin prices over a year in advance. Why the editors just don't check current prices and estimate a little over that is just normal. If they did they would have to lower ALL prices and admit they have no idea. Still a great book for information. I just wish they would put a decent pricing system in there. Report this Post to the Staff
chris12018 Pillar of the Community United States 2130 Posts	Posted 02/21/2009 9:29 pm Thank you that was very informative. Report this Post to the Staff
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