I dont know that's why I'm asking. I searched $180 in nickel rolls yesterday, some customer wrapped. I found somewhere near 30 of these.
I guess if you don't know what it should be I'm confused as to why you're questioning the price in the red book that's all. Do you feel $1 is high or low? Also by lowest grade do you mean AG
That's the exact reason I'm questioning the price is that I dont know what it should be. Or maybe I should word it this way, what's makes Red Book say this coin is worth $1 when all I see is a nickel. I don't necessarily rely on RB as final authority either but what made RB to list this coin $1 and not others coins. And if it really is worth $1 tell me where I can sale the ones I have for that price.
I would refer you back to a similar thread you started a few weeks ago about red book pricing. https://www.cointalk.com/threads/red-book-values-accurate.409701/ That being said - grade makes all the difference as well.
Ahhh that's why I asked when he said lowest grade. I'm not near my red book right now or else I would have had a look.
Thanks for the replies. This hobby is fun but can be overwhelmingly confusing, especially when the books published concerning values are not even accurate.
The books are written for the entire country but the prices in one area are completely different in another part.
It’s all relative. have a look at 1982 and 1983 PD nickel prices. They are the ones worth setting aside in AU or better condition. 1987 or 1989 (I forget which) is another date but less so. The absence of mint sets as I recall force collectors to find higher grades in circulation which drives up the value.
Read itt for the articles, not the values… it’s published way ahead of time so even if accurate at the time of writing the prices may be useless at publication. like others have said, use the red book for information on coins not what they are worth.
