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<p>[QUOTE=&quot;kangayou, post: 1430199, member: 23111&quot;]The RedBook does do beginning collectors a disservice.</p><p><br /></p><p>1.) Many beginning US collectors start with Lincoln Wheat Cents. Most of the early dates in this series only give prices/values up to MS-63 grade. If a newbie inherited a raw 1926-S in red or red/brown MS-64 that they were thinking of selling , they may assume that it would be worth twice as much as Redbook MS-63. They would have no way of knowing that it is really worth between $2,500.00 to $15,000.00.</p><p><br /></p><p>2.) The grading guidelines provided for the Lincoln Wheat Cent can be extremely misleading as well. Again I will use the 1926-S as the example. As I learned from some folks her&nbsp; at CT , this date seldom has a strong strike and a newbie would have no way of knowing that from the Redbook. A newbie would grade a typically struck 1926-S as a AU even though it is really MS-64 or higher.</p><p><br /></p><p>3.) Friends and mentors of beginning collectors should advise them not to sell nor buy US coins until after they get a Redbook , Bluebook , Greysheet and a membership on Numismedia &amp; Photograde.</p><p><br /></p><p><a href="http://www.numismedia.com/fmv/pricesms/lnccnt/prices61.shtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismedia.com/fmv/pricesms/lnccnt/prices61.shtml" rel="nofollow">http://www.numismedia.com/fmv/pricesms/lnccnt/prices61.shtml</a></p><p><a href="http://www.pcgs.com/photograde/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/photograde/" rel="nofollow">http://www.pcgs.com/photograde/</a>[/QUOTE]</p><p><br /></p>

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