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<p>[QUOTE=&quot;GDJMSP, post: 1429611, member: 112&quot;]Here&#039;s the problem I see with the Red Book. On the page where it says - HOW TO USE THIS BOOK - it says :</p><p><br /></p><p>&quot;Coin Values shown in this book are retail prices figured from data supplied by the Contributors approximately 2 months prior to publication.&quot;</p><p><br /></p><p>Now, forget the time frame. For even if you go back say 3-4 months from the time the new Red Book comes out, and check prices - they are <u>no where near</u> what is listed in the Red Book ! The prices in the Red Book are completely and totally inaccurate, both too high and too low, even if you account for the time difference.</p><p><br /></p><p>Now I don&#039;t know about anybody else, but I&#039;d say listing those prices most definitely does new collectors a disservice. And anybody else who uses the prices in the Red Book.</p><p><br /></p><p>What they need to do is change their wording regarding prices. They need to say something along the lines of - Prices listed in this book are the prices that <u>SOME</u> dealers were asking for these coins. Many other dealers often ask less, or more, for the very same coins in the very same grades ! DO NOT count on the prices listed in this book as being accurate market values !</p><p><br /></p><p>Now if they did that, then nothing like what was described would ever happen. And we would constantly see posts on the forums with people quoting prices in the Red Book either.</p><p><br /></p><p><br /></p><p>edit - All of the other information in the Red Book, is invaluable. And every collector should have one. But when it comes to prices - forget it ![/QUOTE]</p><p><br /></p>

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