smullen: About the prices, well, they include references to recent auctions, so they should be pretty accurate.
The prices listed in the Red Book are really, sort of, kind of, almost, possibly, could be, might be, should be accurate if you use a 3 or 4 year old version. Basically the Blue Book, as already noted, is what a dealer SHOULD, COULD, MIGHT, etc pay you for a coin. The Red Book is the highest possible price on Earth, even on other planets, that any dealer should, could, might, would charge you for a coin. :smile Realistically all the prices in either book is just to far out for realistically using for values of coins anywhere. Try to remember that those books are made possibly years in advance of publication. In order for the 2011 Edition to come out in April, the printing probably started several Months previous. Compiling information, proof reading, sorting through all kinds of paper work takes time. It may well be possible for the Red and Blue Books to be started a year prior to sales. Knowing this, it would really be ilogical to imagine the prices of any coins being accurate unless the people that work at Whitman can see the future.
I see your points and I feel kinda foolish now... Using your points, if its ilogical to expect the prices to be anywhere near accurate, then isin't it sorta Ilogical to buy the guide then??? Except for , to look at the pics and as others have mentioned get minted #s, and other facts like that... Would we be better going subscribing to the Grey sheet? I think I looked at them along time ago, Quarterly might be an option I think the weekly option was way top much for me as a casual collecter... I'll start a different post on prices... I don't want to Hi-jack this thread to far off Red Books..
If anyone is interested Currently $11.53 Hardcover and $10.17 Paperback on Amazon http://www.amazon.com/Guide-Book-Un...=sr_1_1?ie=UTF8&s=books&qid=1266121146&sr=8-1
Cool... I wonder if their doing a Pro Version??? Also, I'm a little slow, I'm sure you all have figured this out long ago, but I I've discovered that I like the Spiral bound better on my ""Go To" books that I will read and use over and over again and H.B.s for ones that go on the shelf and rarely get looked at, but maybe a few times a year... If I go though my ""Guide Book of Siler Art Bars" to many more times, it might start losing pages...
So since we're on the subject of redbooks, how many collect them? my oldest is from 1959 but i'd really like to get all of them. i have several that are signed by Ken Bressett one of which i got him to sign in person while i was at the ANA's summer Seminar. Anybody else collect em?
I have a 1st Edition Commemorative Re-issue Red Book from 1947... Really its just a re-print, so you can see what it looked like and what some prices were back then... My oldest is really a 2005... I'm a pup...
ummm....... we should talk: http://www.whitmanbooks.com/Default.aspx?Page=81&ProductID=079482580X also: http://www.whitmanbooks.com/Default.aspx?Page=81&ProductID=0794828221 Yup, there is at least one other collector here!
I buy the redbook every 4 years. I bought the 2006 edition and didn't buy another one till 2010 and won't buy another one till 2014. There really isn't information in the book that I already haven't heard about.
A couple of people have mentioned getting the Red Book discounted at coin shows. Is this just true for the red books, or Whitman stuff in general?
I collect the hard cover versions and have all of them up to present. As to the prices at the coin shows I go to I purchase the latest ringed versions for $10 each. Hard cover for usually $12. All hard covered versions go on a shelf in a bookcase and most have never been opened. I keep one ringed version at my computer and one in the basement, both for referencing. As to the question about what good is this book if the prices are rediculous. Not completely true. Although most dealers should and usually do sell coins for much less than the Red Book prices, the prices still are a decent GUIDE to prices for comparing with other coins. For example you still could look to see the prices of a Mercury Dime 31D and compare with a 31S for example. Then sit and wonder why the 31S is valued at more in higher grades than the 31D although over 500,000 more of the 31S. Now this is a good test since many will now open thier Red Books to see if that is true. Back to prices of the Red Book itself. I previously mentioned a conversation with Whitman Publishing where they stated they have a discounted price for bulk purchasers of any of their products. So if a dealer purchases the Red Book for a really low price from them and wants to keep you as a customer, that dealer might pass along the savings to you. As to the prices now on Amazon. Note the revision of the Red Book. The 2010 is still being sold and even Whitman is now discounting that issue. The 2011 will be officially out in early April. It really pays to go to the Whitman Web site to see all the books they now produce. Almost all are at some of the coin shows I go to. At a coin show today there was a dealer with a table full of about 30 different coin books. He is the one I usually get the Red Books from. Also, fantastic deals on 2x2's, plastic rolls, etc.
I but a new red book every 5 years....and then wonder why mintages figures from 5 years ago STILL are not updated or missing.....
i haven't run across HUGE discrepancies either - just MANY of them....example - some of the mintages listed in the individual denomination sections as "included in mint sets only" do not jive with the mint set mintages (or produced) further on in the mint set section of the book......and no mintages figures are listed for the comm sets....just individual coins..... can provide actual dates if anyone cares to check it out.....
i did notice that - my thought process was a) - if the thread is still available online. i can post to it and b) can't figure out, how to start a NEW thread...... if someone can tell how to start a new thread / topic - i'd like to discuss DISCREPANCIES in the (2016) red book.....txs!