What is the Red Book in coin collecting?

What is the Red Book in coin collecting?

The Red Book lists the retail price of all United States coins from colonial issues to modern circulating U.S. coins, including each year of issue, mint marks, and significant design variations.

What is the difference between the coin Red Book and Blue Book?

The Red Book contains retail coin prices – what you can expect to pay when buying from a dealer. The Blue Book contains wholesale coin prices – the price you might expect to get when selling to a dealer.

Are old red books worth anything?

The specimens you own might retail for as much as $80 each if they are in ”mint condition” (prices vary with condition). One of the few dealers who specializes in old ”Red Books” is Edward Lesniak, P.O. Box 9202, Elizabeth, N.J. 07202. Such mistakes often enhance a book`s market value.

Is coin a red book?

The Official Red Book®—A Guide Book of United States Coins—is 75 years young and going strong. Since 1946 collectors around the country have loved the book’s grade-by-grade coin values, historical background, detailed specifications, high-resolution photographs, and accurate mintage data.

How much is the Red Book coin worth?

The Red Book of U.S. Coins has been the top rated rare coin value reference guide for over 72 years….Volume Pricing.

What book do coin collectors use?

The ultimate guide book to collecting United States coins is “The Red Book: A Guide Book of United States Coins” authored by R. S. Yeoman and edited by Jeff Garrett. Whitman Publishing published the first edition in November 1946 with the cover date of 1947.

How much is the red book coin worth?

What is a Red book value?

Red Book lists wholesale and retail values for specific vehicles based on the year, make, model, kilometres, and options. The first, at $31.95, contains data on 6-year-old or younger vehicles.

How do I find out what a book is worth?

In determining the value of a book there are three basic elements: 1) rarity, 2) condition, and, 3) demand. Books with the most value normally have all three of these elements, and the loss of any will likely result in a loss of value. Age of the book is not always a key factor in value.

How do you know if a book is valuable?

The more someone is willing to pay for a copy, the higher the price for other copies in the same print run. If a book’s initial print run is very small, and the book turned out to be a huge success later on, first editions may be more valuable.

Why are some old coins red?

Oxygen, water vapor, and various acids react with the copper and cause it to tarnish. This oxidation, combined with other chemical reactions, results in its natural bright reddish orange color to gradually turn into a deep chocolate brown color known as patina.

Where can I find the value of coins?

The PCGS Price Guide is a guide to assist the coin buying public in determining values for all important United States rare coins.