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1960-P LMC Small Date Question

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amida17's Avatar
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 Posted 03/26/2011  6:26 pm Show Profile   Bookmark this topic Add amida17 to your friends list Get a Link to this Message Number of Subscribers
Looking at my Red Book (2009 62nd ed. ) The 1960P small date is listed at $7.00 in MS-65. Now in the March 2011 Coin Prices magazine it is listed at $12.00 in MS-65. Did it really jump by $5.00 in only 2 years? If so why?
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BadThad's Avatar
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 Posted 03/26/2011  6:39 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Red Book is not very good for prices, they are only very approximate values. $12 seems a little low for a 65, but not far off.
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amida17's Avatar
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 Posted 03/26/2011  6:47 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Thad the $12 seemed closer to me. Just got confused because I always though Red Book was about 20% high! First time I've seen it lower than what I thought was Fair Market value.
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biggfredd's Avatar
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 Posted 03/27/2011  11:24 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
2009 RB was assembled early 2008, too.

I remember one year, the RB showed a proof set at $6. The dealer buying price bluebook, which came out later in the year, listed them at $9.
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