Please Help Me Understanding Better The Red Book And Values

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Author	Replies: 13 / Views: 1,419
I6609 Pillar of the Community United States 1227 Posts	Posted 04/02/2023 09:26 am When looking at my Red Book which is one year old (2022) it list a 1943 s in ms 63 as worth 20$ and a ms 65 as 3500$ is that real and why the big jump in such a sort distance. Sorry I'm talking about a Wheat cent (steely) Report this Post to the Staff

halfamind Pillar of the Community United States 1484 Posts	Posted 04/02/2023 09:46 am Red Book is a great general guide, but don't rely on it for pricing. Look to another source, such as PCGS, where you can see population counts and recent auction prices: https://www.PCGS.com/coinfacts/coin/1943-1c/2711 When there is a big jump in the upper-tier grades, you can be assured of rarity and popularity. Report this Post to the Staff
halfamind Pillar of the Community United States 1484 Posts	Posted 04/02/2023 09:49 am Here's the correct link for the 1943-S (other was for a 1943-P): https://www.PCGS.com/coinfacts/coin/1943-s-1c/2717 Report this Post to the Staff
hfjacinto Pillar of the Community United States 7273 Posts	Posted 04/02/2023 09:58 am It's probably a misprint, I would say an MS65 is $35 maybe $40 not $3500 My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
I6609 Pillar of the Community United States 1227 Posts	Posted 04/02/2023 10:04 am Halfamind thank you for the information that makes a hole lot more cense to me for I only paid 18 for mine Report this Post to the Staff
Spence Moderator United States 34393 Posts	Posted 04/02/2023 11:08 am Looking at "prices sold" on ebay can also be instructive. "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 Report this Post to the Staff
I6609 Pillar of the Community United States 1227 Posts	Posted 04/02/2023 11:16 am Thanks to all for advice sounds like I should use other sources for values other than Red Book thanks again Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4587 Posts	Posted 04/02/2023 11:24 am At BEST the RedBook is an out-of-date RETAIL price. We're talking about a NICE coin shop (one that has actual lights over the cases, chairs without duct tape, and carpets that have been cleaned this year not last century), not that scuzzy place in the strip mall between the dry cleaners and a Subway shop, where the owner's cigar is about the same age as the owner. Seriously, the prices are generally created from a survey done at the end of a year. Those go into the book, which is published in April, but dated the following year. So the 2023 book came out in April 2022 with prices from October-December 2021. -----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/ Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 04/02/2023 12:03 pm For values use ebay sold values,http://m.numismedia.com/rarecoinprices.htm the gray sheet and Heritage Auctions. The TPGs values kinda favors their own slabs so the values might be listed as a bit high. John1 Report this Post to the Staff
Dearborn Moderator United States 94665 Posts	Posted 04/02/2023 2:20 pm Red Book value age a great guide, buy the titled year comes out almost a full year before its date on the book implies. For instance, the 2024 Red Book will be released in 8 days. I think the estimates in the book represent the values at time of printing. It can also show historical values when used in conjunction with previous issues to show trends. As stated, ebay sold listing is your best bet for current 'demand value' of a coin or note. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
hokiefan_82 Pillar of the Community United States 3634 Posts	Posted 04/02/2023 5:43 pm I like the Mega RedBook for a lot of reasons (I've bought every edition so far), but I don't pay attention to the pricing information. As others have mentioned there are a lot of other more up-to-date and more accurate information sources out there. I use Greysheet bid prices and recent auction prices from Heritage, GreatCollections and other major auction sites for my main source. If you don't have a Greysheet subscription you can find the up-to-date CDN pricing through Heritage; look for the Resources/Coin Resources/Price Guide for Numismatists link. Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/ My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 Report this Post to the Staff
datadragon Pillar of the Community United States 1648 Posts	Posted 04/02/2023 5:59 pm ExG98teq9pk Report this Post to the Staff
lawest Pillar of the Community United States 1998 Posts	Posted 04/04/2023 7:27 pm I use ebay sold listings and the PCGS site. It seems on average PCGS prices are about 20% higher than actual ebay sold items. BTW, I tried to PM you but your email is apparently disabled. You are one of the winners of my 1500th post contest. Report this Post to the Staff
Dearborn Moderator United States 94665 Posts	Posted 04/08/2023 10:51 pm So do I, I pay special attention to any that sold with an offer that was accepted. That tell me what people are willing to pay for an item vs what the seller wanted. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
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