Your right there. And of course that shows how much that silly date thing bothers me. It is a really great book for information though and although the prices are really way off. I collect those Red Books and have every issue of the hard cover from the first to present. Almost none have ever been opened. I usually keep a ringed version around for basic info. For more realistic prices I sometimes look into a 3 year old version and usually not to far off present day prices. In the past I've sent emails to the Publishers of the Red Book about items like the issue dates and errors in the book. Always get an answer and sometimes a free book for an attempt at helping or is it complaining?
I'm not surprised it's coming out so early...it always does. This is why I don't buy one every year. The listed prices aren't worth buying the new book and other than that they basically all contain the same information. My newest Redbook is the 2007 edition, I probably get a new one every 5 years or so...so I'll pick up another in the next couple years.
If I recall correctly, 2010 was published in March 2009. So I kinda expected that 2011 would come out in March 2010 . . . I have no idea about other years . . .
In all reality if you compare those prices with what coins are presently selling for you would see that your 2007 book is now up to date. For some reason the Red Books prices are always several years in advance.
I only buy the Red Book on the even years, unless of course it's a leap year....then I jump right in and get one, then again leap years are always even years. But they are sold on the odd years - so I guess I only buy them on the odd years but they're dated for the even years...................oh , I don't know anymore.
It used to be they came out in July. Then a few years after the ANA started doing a spring show it moved to March or April in conjuction with the ANA show. This years will still probably come out then as well. The offer in the OP was a pre-publication offer. Buy now and it will be shipped to you at the same time it becomes available at the spring show. It's kind of like one of the Mints subscription offerings except that you have to sign up each year. (Maybe I should suggest to Whitman that they sell a subscription to the Redbook. You don't have to reorder, they just charge the credit card you have on file with them each year and they ship you the new edition when it comes out.)
Ok, so I realized last night that my newest redbook is now 10 years old. It sounds like the consensus is to a) wait about a month because the 2011 will be coming out and b) get the professional edition. Does the professional edition really have a lot of extras? I always figured they put "professional" on the cover and maybe used slightly more durable materials, but I guess I've been too cynical.
I was definitely surprised last year, when I went to the bookstore to buy my first Red Book in about March, and it was the 2010! Do the informational pieces before the actual price guide change every year? That's the only reason I'd even consider buying one more than once every 5 years or so... Joe
The Professional edition is well worth the purchase. Many new photos, a ton of different info, and a great read. And, no, it is not just a larger edition and a simple re-hash of the regular red book. Go for it. And then buy the 2011 edition for different reading.
I think I've mentioned this before that during many discussions with Dennis Tucker, Publisher, Whitman Books, he stated that the original 1947 Editions came out early in 1946 and that tradition has been continued ever since. Not in June or July but always as early as April or May. You really don't need a subscription to Whitman Publishers if you have your email on thier records they notifiy you of everything they make and as soon as it is a reality. Also, you if you want you could buy from them as soon as they come out. However, I've always found it much cheaper to buy from a dealer at coin shows. I've asked them at Whitman how come I can get those Red Books so much cheaper at a coin show than through them and they say it's just buisness to sell to dealers that buy in bulk for much less.
OK Questions I have are Besides Price, whats really the difference between the regular Redbook and the Pro??? I saw a 2010 Pro at the bookstore the othe night, quickly (really quickly) flipped through it... I thought it was just a bigger size (bigger print) for us folks with that have prescription windshields in our cars... Next what is the real diff between the Red Book and the Blue Book (besides the dang color)???? Who should use which for what???
Red Book is what you (the buyer) could expect to pay with regard to purchasing from a dealer. Blue Book is what you could expect a a dealer to pay you. PS: don't believe the price quotes in both of these volumes....:smile
The pro includes prices for higher grades (MS & PF). It also includes more varitities which include nice close-up photos. Some counterfeit detection info...realized auction prices... lots off misc. stuff of that nature. To be honest, VERY little is rehashed red book information...well worth the purchase.
Sweet... Are the prices anywhere near beileveable??? I'd love to have a guide with the higher grades... I have a lot of Moderns, such as Jefferson Proofs, and other simmilar aged stuff and a good portion of them are higher grades... MS 68-69s PF-69s...
I can't speak for anything outside of Washingtons and price is a very personal matter. Generally speaking, yes, they are accurate.