redbook vs bluebook

Discussion in 'Coin Chat' started by enochian, Aug 26, 2012.

  1. enochian

    enochian silver eater

    iv had the 2013 redbook for a wile now

    whats the difference between them besides value wise redbook is retail blue is what a dealer might pay

    is there more info on history or any thing better in the blue book
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Forget the Blue Book, don't bother to buy it. And while you're at it, forget any price/value you see in the Red Book.

    The Red Book is an essential book that every collector of US coins needs to own. But when it comes to values, you should just block that part completely out of your mind.
     
  4. tdogchristy90

    tdogchristy90 Dieu et les Dames

    Better yet take a black marker and black out all the prices ;)
     
  5. jloring

    jloring Senior Citizen

  6. rottenapple2

    rottenapple2 falls from the tree

    it even tells ya in the red book that the coin values should only be used as a guideline and not actual coin pricing. the knowledge in the red book is well worth the purchase. especially for noobs :) like me.
     
  7. kanga

    kanga 65 Year Collector

    By the time the Red Book hits the market the prices are 1-1½ years out of date.
    Auction results are best (Heritage or Teletrade and on lower valued items, eBay).
    Next best would be something like Coin Values (comes with a Coin World subscription).
    The greysheet (Coin Dealer Newsletter) is nice but not as comprehensive AND much more expensive.
     
  8. BUncirculated

    BUncirculated Well-Known Member

    Yeaher! What they said!
     
  9. dbldie

    dbldie New Member

    For general knowledge on US coins, the red book is great. For prices, not so much. The modern mintage figures can be expected to be corrected in the years following the year of production. I heard from someone (Ken Bresset I think) that the mintage in the few years following production for moderns is not exact because the mint hasn't released the exact numbers yet.
     
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