Confused About 2024 Blue Book Entry

There are two strike versions of the 40% silver 1776-1976 Ike. The business strike (uncirculated) and proof. That is what you are seeing. MS-63 is the uncirculated one, PF-63 and PF-65 are for the proof.

All 40% silver 1776-1976 Ikes have the Variety 1 reverse.

I am not sure if that guide shows retail or dealer pricing. Compare to NumisMedia (retail) for an idea...

http://www.numismedia.com/fmv/price...ices61.shtml

Keep in mind, they show all grades as MS on the main grid, even for proof. The number is important, so there MS-65 is PF-65.

Good info Burton. Dealers need to make a profit to stay in business, so if you go to sell your collection to a coin shop rather than sell direct to other collectors, auction house or similar, you're not going to get those Red Book prices which are somewhat the prices they might sell for "at retail" (but may be off due to the age of when they gathered the info and printed vs when your browsing it). There is another version most don't talk about, the Blue Book you mentioned which deals with wholesale coin values. These are the average values a coin dealer will offer to pay you for your coins (again generally as its not as up to date as other sources used these days such as greysheet pricing) as burton mentioned. They typically run between 50% and 75% of what the exact same coins would sell for at the retail price so 50%-75% of the Red Book might be an estimate to start what you might get from a dealer generally if you didnt have a blue book. Coins that derive most of their value from bullion like American Silver Eagles might get you different values like spot +/- something because most of their value is based on the silver or gold itself, rather than the rarity of the coin unless its one of the special editions/graded/collectible etc and the dealer doesn't ignore the potential added value of that for just the metal value.