Early edition Red Books

Discussion in 'US Coins Forum' started by vavet, Feb 23, 2008.

  1. vavet

    vavet New Member

    Does anyone have a Red Book from the late 1940's to the early 1950's? My earliest was a 1963 edition that I gave to a budding collector for comparison to the newer editions.

    I'm interested in the prices listed for common date Large Cents in the "good" and "fine" grades. Any assistance would be greatly appreciated.
     
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  3. Hobo

    Hobo Squirrel Hater

    You should buy the reprint of the 1st Edition that came out last year. I bought one and it is fascinating to read knowing the values quoted are on the high side for then.
     
  4. Bonedigger

    Bonedigger New Member

    TREASHUNT!
    has everyone ever made.
     
  5. vavet

    vavet New Member

    Hobo, I'm only interested in the good and fine prices listed for a common date Large Cent. Nothing more. Can you help me?
     
  6. Just Carl

    Just Carl Numismatist

    As HOBO stated you could have and may still be able to buy a reproduction of the first edition from Whitman. Worth a try. Contact Whitman Publishing and/or contact:
    Dennis Tucker, Publisher
    Whitman Publishing, LLC
    3101 Clairmont Raod, Suite C
    Atlanta, GA. 30329 or use the internet
    dennis.tucker@whitmanbooks.com

    I too have all issues in the hard covers. None have been opened yet. I always use the ringed or soft cover for normal usage.
     
  7. Ed Goldman

    Ed Goldman coin collector

    You can find all the years on ebay.
     
  8. Hobo

    Hobo Squirrel Hater

    A First Edition Red Book will set you back a few hundred dollars. The reprint lists for $17.95.

    Large Cents are listed for $0.75 in Fine 1850 and later and $1.00 to $1.25 for 1840s dates. Uncirculated are listed as low as $3.50.

    1828 Large Date = $1.00 in Fine.

    1812 = $1.00 in Good and $4.00 in Fine.

    1798 Large Date = $1.50 in Good and $$5.00 in Fine.

    I sure wish I could get my time machine perfected.
     
  9. vavet

    vavet New Member

    Thanks Hobo! Thats just what I was looking for. Much appreciated.
     
  10. Ed Goldman

    Ed Goldman coin collector

    Yoiu can pick up that reprint at Borders. I got mine there.
     
  11. Magman

    Magman U.S. Money Collector

    No kidding.
    but then again, it wouldnt be worth your while.

    You'd have to get money from that time, which would set you back more than its worth to buy the coins. lol
     
  12. Treashunt

    Treashunt The Other Frank

    :bow:
     
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    So much for all of the threads where folks state that coins aren't investments. :whistle:
     
  14. GDJMSP

    GDJMSP Numismatist Moderator


    And if you consider the 60 year time span, it proves they are not good investments.
     
  15. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I've always said that coins should be viewed as a cash substitute and inflation hedge, not comparable to an investment in a business or the stock market. The appreciation works out to about 6% per year on average, which is pretty competitive to bank interest over that time period.
     
  16. Treashunt

    Treashunt The Other Frank

    Consider the Guide Books themselver, they have been a pretty good investment.

    Finish your set.
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter

    something that appears to be lost on the average person... If you had put your money in the bank 60 years ago it would have done better, and most people KNOW that putting money in the bank is a poor investment. Coins are a hobby, a passion a love... in my case bordering on obsession... but NOT an investment
     
  18. Bonedigger

    Bonedigger New Member

    Very well said. I've lost more on coins than I've ever dumped into the Stock Market.:thumb:
     
  19. Treashunt

    Treashunt The Other Frank

    Actually, I haven't done that poorly..........
    But I'll know when it is time to sell them.
    Until then, I haven't suffered any losses.
     
  20. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    It might be a good idea to run some numbers before making a blanket statement like that. $1 grows to about $18 over 60 years at 5%. It grows to about $33 at 6%. And these numbers are pre-tax. Plus, 6% was unobtainable at banks from the end of World War II through the 1960s. Put any reasonable tax rate on top of the interest and coins do even better, relatively speaking. Coins are pretty competitive with bank interest despite the desire to believe otherwise. There are a lot of coins around that have grown 18 to 33 times in value since the end of World War II.
     
  21. codydude815

    codydude815 Wannabe coin dealer

    Rolls of wheat cents. If he just went back to say like, 1942, he could pay 2 cents a coin for some rolls from the late 30's early 40's.
     
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