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<p>[QUOTE="Just Carl, post: 844214, member: 4552"]The Red Book is actually a decent price guide but not the latest ones. If you do want to use the Red Book for prices, just use a 2 or 3 year old version. I've always told that to people if thier intensions are basically to have a price guide of some sorts. Also, people should always remember that any prices listed in any book that is produced annually can not possibly be accurate. And annual book, magazine, etc. could only be accurate if the producers can predict the future. </p><p>Also, with all the new coin books on the market, the Red Book is also not the greatest for excessively minor detailed information. Today there are books that specialize in just one type of coin so they can stipulate much more detailed info than a book that has almost all coins listed. And example is the <a href="http://www.coppercoins.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coppercoins.com" rel="nofollow">www.coppercoins.com</a> books out on just Lincoln Cents. In that book there are many, many Cents listed with all types of varieties that could not possibly be listed in the Red Book. </p><p>Another problem I've been finding is now that Whitman, Publishers of the Red Book, is no longer really a Whitman Company. From what I've heard, may or may not be true, some time ago, the employees of Whitman purchased the company. Then sold it to Harris. Although now keeping the Whitman name, much more difficult to communicate your concerns with them.</p><p>As to the original question about the grades in that Book. Not sure about the reason for no MS-68, -69, -70 grades but if you use the Indian Head Nickel for an example, there is already 9 columns for grades. So why not a AG-3, AU-58, etc. Regardless of how many grades they would list, someone would always ask what about xxxxx? </p><p>One thing about the Grades in the Red Book that does irritate me is the inconsistancy. Most of the book uses the normal system with AU-50, F-12, MS-60, etc. However, for some odd reason there are many pages that use G, F, Unc. PF only. </p><p>Possibly if more of their customers would send them emails about thier concerns, many items of concern would be corrected or at least investigated.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 844214, member: 4552"]The Red Book is actually a decent price guide but not the latest ones. If you do want to use the Red Book for prices, just use a 2 or 3 year old version. I've always told that to people if thier intensions are basically to have a price guide of some sorts. Also, people should always remember that any prices listed in any book that is produced annually can not possibly be accurate. And annual book, magazine, etc. could only be accurate if the producers can predict the future. Also, with all the new coin books on the market, the Red Book is also not the greatest for excessively minor detailed information. Today there are books that specialize in just one type of coin so they can stipulate much more detailed info than a book that has almost all coins listed. And example is the [url]www.coppercoins.com[/url] books out on just Lincoln Cents. In that book there are many, many Cents listed with all types of varieties that could not possibly be listed in the Red Book. Another problem I've been finding is now that Whitman, Publishers of the Red Book, is no longer really a Whitman Company. From what I've heard, may or may not be true, some time ago, the employees of Whitman purchased the company. Then sold it to Harris. Although now keeping the Whitman name, much more difficult to communicate your concerns with them. As to the original question about the grades in that Book. Not sure about the reason for no MS-68, -69, -70 grades but if you use the Indian Head Nickel for an example, there is already 9 columns for grades. So why not a AG-3, AU-58, etc. Regardless of how many grades they would list, someone would always ask what about xxxxx? One thing about the Grades in the Red Book that does irritate me is the inconsistancy. Most of the book uses the normal system with AU-50, F-12, MS-60, etc. However, for some odd reason there are many pages that use G, F, Unc. PF only. Possibly if more of their customers would send them emails about thier concerns, many items of concern would be corrected or at least investigated.[/QUOTE]
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