Lincoln Cent Red Book vs other Resources

Discussion in 'Coin Chat' started by Dollar1948, Mar 10, 2009.

  1. Dollar1948

    Dollar1948 New Member

    Hi, not to beat this opening fact to death, but I have begun collecting Lincoln small cents. Im in Toronto. I have quite a few already, AU, and BU examples from 1940 onward, and never paid more than 1.00 for any of them for the most part. I also have numerious EF examples of some prioer to 1940.
    I got in the mail today from amazon.com, the 2008 Lincoln Cent Redbook.
    I must say, this thing is really chocked full of information and reading, much more than Canada's version called the Charlton. I plan to use it going forward for ebay purchases, and trips to the American side of our shared border at coin shops/shows.
    My question is, for the most part, do you find the grading and values listed in this thing pretty accurate, accurate enough that it is used extensively for pricing in the industry?
    Is there another publication that is more widely used?
    I just want to make sure I have got my ducks in a row going forward, as it appears I am now moving on to the more expensive coins.
     
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  3. kanga

    kanga 65 Year Collector

    The grading info is good enough, but forget about the prices.
    Surf completed auctions on eBay for more accurate prices.
     
  4. Just Carl

    Just Carl Numismatist

    Not sure if your aware but that 2008 Red Book first came out in April of 2007. The 2009 edition came out in April of 2008. The 2010 edition is supposed to be released in April of this year. In order for such a book to be produced in April of this year for next year, all prices must be just a guess. The statistics were being compiled in late 2008 for the 2010 edition so by the time it actually comes out it will be outdated in prices.
    This is why the prices in that book are rediculous. No one can predict the prices of anything that far in advance.
    This is one of the best books available for information though.
    If your interested in Lincoln Cents you may want to try www.coppercoins.com
    Also, the individual on that web site has two books out on just that coin.
     
  5. Dollar1948

    Dollar1948 New Member

    Thanks for the info....and Walt...that link is oustanding...
    Your right tho..the red book has tons of stuff in it..regardless if i cant take the prices as gospel.
     
  6. andy21us

    andy21us Coin Hoarder

    This is true, anything in print is outdated or way off by time the reader gets it. But that is why thay are called guides. As far as pricing a coin use the market to get the true value of a coin. What are coins selling of on Heritage and other Auction sites, that will give you the true value of a coin. As far as information coppercoins is a very good site and so is www.lincolncentresource.com. I use both!
     
  7. Arizona Jack

    Arizona Jack The Lincoln-ator

  8. andy21us

    andy21us Coin Hoarder

    Nice one Jack!
     
  9. BadThad

    BadThad Calibrated for Lincolns

    It's completely legal, google has paid big bucks for the right to preview books. Chuck's book, Looking Through Lincoln Cents, is also available from google for free. You should note that certain pages are missing, it is just a preview, but a real good preview.

    To the OP, Red Book prices are "ball park" and not much more. Sometimes they can be pretty accurate, other times way off. Not sure why you bought the 2008 edition since the 2009 has been out for almost a year now.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Links like that are always permitted Jack. The key is that it is a link. Where we run into problems is when people scan pages of a book and then post the picture - THAT is not legal for it is a violation of copyright law.

    But if you post a link to a book, that is always permitted ;)
     
  11. Dollar1948

    Dollar1948 New Member

    and its anoter interesting link at that..thanks so much
     
  12. Harryj

    Harryj Supporter**

  13. Arizona Jack

    Arizona Jack The Lincoln-ator

    Yes, although the current Bible of Lincoln collectors, a current version is needed.

    Registry fever and current populations need to be mentioned and updated. Still, there is no better book on the series.

    The art of doctoring needs to be examined, recoloring, cleaning, etc etc. So many issues need to be exlored in detail.
     
  14. Just Carl

    Just Carl Numismatist

    I've seen that book on tables at coin shows. Really great looking book but a little on the high side of prices for me. Cheaper on the internet but by the time I would pay postage, ends up the same. That is odd though. One dealer that usually sells books at coin shows sells the Red Book for $10, yet that one is almost $40. I'm just to cheap I guess.
    I do have both editions of copppercoins books though.
    And for Dollar1948, if you stick around this forum long enough you may be able to purchase some Lincoln Cents for a lot cheaper than other places.
     
  15. Dollar1948

    Dollar1948 New Member

    Will do be hanging around quite a bit to learn all I can about these great coins..
     
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