Is the "Red Book", 2007 edition, a good guideline for pricing coins? I was thinking about buying a Red Book. Just wondering if this is the right way to go? It is the price guide for US coins. Thanks. swick
The Red Book is by far the handiest price guide (especially the spiral bound), but I think the prices are a little inflated. I generally follow the prices of the previous edition or two to what is current for my personal pricing.... - Jake
The Red Book has a price guide but it is not very a good tool to reference. The market is changing to quickly to reflect a true advisory in an annual publication. The Red Book is how ever a great resource for identification, mintages, errors, and relative history. A must have for any serious collector. Watching the market, trading, auctions, ebay, etc will give the most accurate indication to the worth of your collection or the value of a purchase. Good luck.
I subscribe to a lot of price lists, several Nuimsmatic publications, check the finished auction results and still get a Redbook and the North American Coins Catalog every two years. Clinker
I feel Redbook is a very handy tool. It has great info for basic history, mintages, ect. Although, as some have already said, its not an excellent price guide...I believe the prices are good enough for a ball park figure. I like to look at online sales for recent prices, but if you want a quick ballpark figure...Redbook is good.
Thanks again to all of you who responded to my question! What a GREAT web site! I only wish I had found this web site when I first started collecting coins. Maybe my collection would have some 'semblence of being of being a collection, instead of being "just a bunch of coins"!! LOL Thanks again peoples! yinz are all good people! swick
Learning about this hobby is quite a trip. Knowledge and wisdom are key to your success in this field. Have fun enjoy the experience and history of coin collecting. My intrigue turned quickly into passion several years ago, so I've already learned a lot of what to do and certainly a great deal of what NOT to do. Good luck collecting!! Walter
The Red Book has a lot of info that you can't easily find else where. I started collecting and reading it in the 1960's andit has always helped me out. Think about it, where else can you find a little snapshot of the history of a design, and mintages for each and every date/mint for a design. Always good reading.
Hey I saw someone from the Burgh on here, that is pretty cool always good to see a yinzer where in the Burgh are ya, ohh yea the redbook is good but the blue book I think is better...
MR BIG JOE, I grew up in Banksville....on Banksville Road. Went to Carrick High School. Where you from? swick
I have been picking up a lot of old Red Books and Blue Books at our book fair 3 times a year. People donate books to the library and the library sell them for like 0.50 a book have gotten about 15 old coin books mostly Red. Some are in great shape. I have found a few things in the pages like Postal stamps and a few notes but the biggest surprise is the original order form which says orders must be received by Jan.31, 1973 (see Pic) starting prices back then $30 for the 1882-CC,1883-CC,1884-CC
