2019 Redbook us coins

Discussion in 'Coin Chat' started by kaosleeroy108, Sep 10, 2018.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    okay First gazing at this book it is a happy 464 pages that they couldn't claim from cover to cover. listen Clues obviously I Jag gantic forward and and honoring to Kim Bressit and the contributors of the book it goes through of course the introduction a list of contributors are welcome to numismatic... my personal like is the beginning when it deals with Colonial issues or foreign coins in the colonies it has got a lot more detail than originally hat from all the other books that I have had it has way more detail and it list of couple of coins that weren't in any of the books that have had prior

    the meat or the Jess as I would like to put it on the book is pretty much the same as an all the read books it is expanded of course 2 the 50 state quarters all the new sets like the presidential dollars , scagawea , or commemoratives that have been added and the commemoratives... and the history is pretty much on point..


    my complaints
    now it's any book that you use there going to be some issues and my chief one is this apparently the pricing structure that they use to Value the coins is off a decent way off and although it be good for any average collector.. I don't believe it is exactly accurate...
    I think if you are dealing with ungraded or hand graded coins the red book will be effective to help you get an idea of what the items will be worth but for serious collector that ii into certified or larger collected items it might become a little bit more difficult..
     

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  3. CoinBlazer

    CoinBlazer Numismatic Enthusiast

    Thats cool. Speaking of pricing, yes, they are going to be off. I'm not sure why though!
     
    Last edited: Sep 10, 2018
  4. Kentucky

    Kentucky Supporter! Supporter

    Because it only changes once a year?
     
    mikenoodle and CoinBlazer like this.
  5. CoinBlazer

    CoinBlazer Numismatic Enthusiast

    duhhh.....My brain isnt working. I need a labatomy
     
    Kentucky likes this.
  6. Santinidollar

    Santinidollar Supporter! Supporter

    Due to its publishing schedule, the Red Book prices are not the most reliable.
     
  7. TheFinn

    TheFinn Well-Known Member

    It is a guide; more for information on coin types and specifications. Pricing is a ballpark to show only estimated values and rarity.
     
    Spark1951 and green18 like this.
  8. Prez2

    Prez2 Well-Known Member

    Coin shop in my particular area uses it as THE STANDARD for pricing his coins. Whatever is in his cases and whatever prices are there on them are all Redbook priced. So, grossly overpriced most of his coins are.
     
  9. Santinidollar

    Santinidollar Supporter! Supporter

    If the 2019 Red Book is out, that naturally means it had to go to print fairly early in 2018. From what I’ve been told by a knowledgeable sort, that means the prices are from some time in 2017.
     
    mikenoodle and tibor like this.
  10. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    I 100% understand
     
  11. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    Where's that shop located
     
  12. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    For the bes price I use Pcgs rcmr guide
     
  13. Prez2

    Prez2 Well-Known Member

    Mideastern US.
     
  14. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    pm me the contact information for it.. please sir
     
  15. Prez2

    Prez2 Well-Known Member

    Why? For what purpose?
     
  16. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    qq
    to buy of course
     
  17. Prez2

    Prez2 Well-Known Member

    At Redbook prices?
     
  18. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    yessir
     
  19. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Then we should be able to nail down a date range when the pricing was valid. Unfortunately, we can't and is because the problem with red book values has nothing to do with when or how often it's printed. The issue is where they get their "values" from in the first place and the fact there's an inherent conflict of interest within their approach.

    Whitman used to have a webpage addressing this, but the last time I looked it could no longer be found.
     
    kaosleeroy108 likes this.
  20. oz_in_ohio

    oz_in_ohio Active Member

    I take no notice of what a recent catalogue states...Dont forget to have that 2019 red book produced in time to go on sale at Jan 1st 2019, it had to be done the previous year and if that is so, how come these know it alls in the publication business are not buying shares that will increase tomorrow as they know the future already...... With world coins, i use a book issued in 2000..YES 18 years old and i can assure you that my prices are fair....Not like the up to date items....OIO
     
  21. Kentucky

    Kentucky Supporter! Supporter

    Actually the Red Book prices are not always that horrible. You can definitely tell a valuable coin from a worthless coin and as long as you don't try and match them down to the last cent, but use as a guide, you could do worse.
     
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