What Do You Use Red Book Or Others - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 4 / Views: 969
tlsweet Valued Member United States 111 Posts	Posted 06/18/2011 3:54 pm I'm new to collecting. Actually started just buying junk silver. But have got the bug. Went to a very nice coin shop last week and picked up a few nice items along with a Red Book. I've also purchased some proof & uncirculated Eagles on ebay. But, the prices for most I see there are more than the Red Book lists them for. How do you tell if you are paying too much, or within range. Is there another book I should get. Thanks in advance. Have a list of questions. But, this one might help with some of the rest. Teena Report this Post to the Staff

tlsweet Valued Member United States 111 Posts	Posted 06/18/2011 7:33 pm I think I may have just found an answer after finally finding some time to start reading old posts elsewhere. What prompted this question to begin with was this, and I'm not really sure here where to post so here I go. Boy do I have a lot to learn. If you purchase from the Mint and then have a coin graded does that grading then make the coin worth more? Does one take into account the cost to ship and grading also when pricing their graded coins? Thanks, Teena Report this Post to the Staff
vermontensium Moderator United States 16677 Posts	Posted 06/18/2011 9:41 pm The Red Book generally states retail prices of coins and should not be used as a price guide to buy and sell coins. Numismedia can be a useful online resource but I generally use a combination of Numismedia and the Coin Dealer Newsletter or CDN. A coins worth is ultimately what you are willing to pay for it then there is supply and demand which will affect a coins FMV. swcoin.ecrater.com Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 06/19/2011 12:29 am The RedBook is pretty much worthless for pricing gold and silver eagles because the average pieces (Less than 70's) fluctuate with the spot price of the metals while the book shows a value at one snapshot of time. Both silver and gold are up considerably since the most recent RedBook was compiled. Report this Post to the Staff
tlsweet Valued Member United States 111 Posts	Posted 06/19/2011 1:06 pm Numismedia has been very helpful today! Did take a quick look at the Coin Dealer Newsletter, only long enough to see that it might be too expensive for me right now. Liked the free feature of Numismedia. Thanks! Edited by tlsweet 06/19/2011 2:40 pm Report this Post to the Staff
	Replies: 4 / Views: 969

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.22 seconds to rattle this change.