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<p>[QUOTE="kaparthy, post: 728056, member: 57463"]<b><i>The Official Red Book: A Guide Book of United States Coins Professional Edition </i>by R. S. Yeoman and Kenneth Bressett (Senior Editor), Jeff Garrett (Valuations Editor), and Q. David Bowers (Research Editor).</b> </p><p><br /></p><p>I expect that this is the book that a dealer would take to an auction at an ANA, Long Beach or Baltimore convention. The cover price is $29.95 and if you buy and sell a wide populatton of US Type coins in the ranges of hundreds to thousands of dollars, then this book would be cheap at twice the price. </p><p><br /></p><p>Consider that it is the "dealer's dilemma" that collectors are specialists whereas dealers are forced to be generalists. So, the collector cherrypicks the dealer. This book can help the dealer. Specialists already will have the books listed in each of the many bibilographies. Specialists will have all of that information and more in their heads. The specialist will know which items have appeared recently at major auctions. </p><p><br /></p><p>For each issue from Half Cents to Double Eagles, you will find tables of dollar values for the high-end market grades, typically Mint State and Proof, though down to VF and EF for early copper, as needed, and therefore DMPLs for Morgans, too. Moreover, each table has a column for direct citations to recent auctions. Furthermore, the tables approximate the certified populations, including the percentage of those certified that are in Mint State. </p><p><br /></p><p>Extensive color photographs illustrate the differences among important varieties, such as Small Date from Large Date, and so on.Important varieties also receive special treatments with paragraphs in standardized formats to give an overview of History, Strike and Sharpness, and Availability on the market. The book is replete with these throughout. </p><p><br /></p><p>Not in here are Colonials, Tokens, Pioneer Gold, Modern Commemoratives and US Mint Bullion. Perhaps least permanent is the information at the back about recent Chinese (and other) counterfeits. Again, specialist collectors will seldom be fooled. It is the dealer who risks being taken advantage of.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 728056, member: 57463"][B][I]The Official Red Book: A Guide Book of United States Coins Professional Edition [/I]by R. S. Yeoman and Kenneth Bressett (Senior Editor), Jeff Garrett (Valuations Editor), and Q. David Bowers (Research Editor).[/B] I expect that this is the book that a dealer would take to an auction at an ANA, Long Beach or Baltimore convention. The cover price is $29.95 and if you buy and sell a wide populatton of US Type coins in the ranges of hundreds to thousands of dollars, then this book would be cheap at twice the price. Consider that it is the "dealer's dilemma" that collectors are specialists whereas dealers are forced to be generalists. So, the collector cherrypicks the dealer. This book can help the dealer. Specialists already will have the books listed in each of the many bibilographies. Specialists will have all of that information and more in their heads. The specialist will know which items have appeared recently at major auctions. For each issue from Half Cents to Double Eagles, you will find tables of dollar values for the high-end market grades, typically Mint State and Proof, though down to VF and EF for early copper, as needed, and therefore DMPLs for Morgans, too. Moreover, each table has a column for direct citations to recent auctions. Furthermore, the tables approximate the certified populations, including the percentage of those certified that are in Mint State. Extensive color photographs illustrate the differences among important varieties, such as Small Date from Large Date, and so on.Important varieties also receive special treatments with paragraphs in standardized formats to give an overview of History, Strike and Sharpness, and Availability on the market. The book is replete with these throughout. Not in here are Colonials, Tokens, Pioneer Gold, Modern Commemoratives and US Mint Bullion. Perhaps least permanent is the information at the back about recent Chinese (and other) counterfeits. Again, specialist collectors will seldom be fooled. It is the dealer who risks being taken advantage of.[/QUOTE]
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