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The Official Red Book: A Guide Book of U.S. Coins 2013 (Official Red Book: A Guide Book of United States Coins) Hardcover – April 3, 2012


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Product Details

  • Age Range: 8 and up
  • Series: Official Red Book: A Guide Book of United States Coins
  • Hardcover: 448 pages
  • Publisher: Whitman Publishing; 66th Edition edition (April 3, 2012)
  • Language: English
  • ISBN-10: 0794836755
  • ISBN-13: 978-0794836757
  • Product Dimensions: 7.6 x 5 x 0.9 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (236 customer reviews)
  • Amazon Best Sellers Rank: #384,530 in Books (See Top 100 in Books)

Customer Reviews

Recommended book for coin collectors.
alpopla
This book was very helpful in helping me to determine the value of my coin collection, and give me a good idea of the worth of my collection.
ktg
Easy to read, great information on all the coins and the pictures are great.
Janet Marineau

Most Helpful Customer Reviews

176 of 180 people found the following review helpful By Camera Man on April 8, 2012
Format: Hardcover
Here is the scoop on what you need to know. First, the Red book is retail pricing what you should expect to pay. The Blue book is what the coin is worth at re-sell to a dealer or between two individuals. Again, Red book prices are higher than Blue book prices.

**Very Important** Dealers do not use the Red or Blue book they use the greysheet as a go to guide since pricing can go up or down past the published book. It does cost to buy the greysheet, but this guide give the general guideline for you to buy and sell your coins. Unless you really know what you are doing stay away from Raw ungraded coins. Their are a few third party grading services. PCGS and NGC are the big two and I prefer PCGS personally. You also have the Blue-sheet for sight unseen coins, the green sheet for currency to just name a few.

Here is an example using the 2012 guides. I will use a Morgan dollar for example. The Blue book on the 1891 Morgan dollar graded MS-63 is $90, the Red Book is $200 and Greysheet is $170 bid and $185 ask (this weeks pricing 4.8.12. What this means is in this case if you have a raw ungraded 1891 Morgan that you think is MS-63 or has been officially graded you should be able to sell the coin for $170 - $200 as well as buy it for that. The reality is if you go in with an ungraded coin you may not get more than that $90 - $100. So using the grading service is a plus but that also costs. I would get multiple opinions (professional) before submitting a raw coin you think is gradable.

The worse case is you coin if silver or gold is worth melt or what the current spot price is at any given time. Currently a Morgan dollar is worth about $30 regardless even if its been cleaned, polished, dipped it is still a ounce of silver.
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40 of 40 people found the following review helpful By Brandon A. Fortuno on June 10, 2012
Format: Kindle Edition
I purchased the Kindle eBook version because I liked the thought of having a copy on my Kindle and both my iPhone and iPad. However once I downloaded it, I saw that the headers for the various coin grades only appear on the first page for a coin, and not on the subsequent pages. It made looking up values by grade confusing, unless it was a coin within the first few years of the series. This is an obvious oversight by whoever converted this book for Kindle, but maybe one day they will fix it. So fair warning, the electronic version of this book is confusing due to missing headers. I would recommend buying the real thing. Sometimes it's hard to beat having a real book in your hands.
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19 of 21 people found the following review helpful By Rowland P. Hill on May 28, 2012
Format: Spiral-bound Verified Purchase
My RED BOOK serves me well. It's great for evaluating and identifying coins. Helps in determining coin conditions. The book is clear and concise. I also use this to keep track of my inventory. Without this guide I wouldn't be able to locate all the mint marks. All in all I find the Red Book a great reference tool.
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8 of 8 people found the following review helpful By John Conley on April 2, 2013
Format: Hardcover Verified Purchase
I began coin collecting when I was 12 years and got my real introduction into the basics of coin grading, coin history and a general idea as to what to expect to pay from a coin dealer from the Red book. Unfortunately, when I was a kid, grabbing rare coins was a lot easier than it is today, finding Indian pennies, silver coins, buffalo nickels, silver dollars and a whole host of coins that are now nearly impossible to find in general circulation. Nevertheless, for a great intro into numismatics, coin history, coin mintage and general prices to expect to pay ( not sell to a dealer) a coin, the Red book is exceptional. And now that it comes in a ring binder, it is all the better. Just remember a few things:

1. Coin prices can fluctuate far more than in years past and therefore a subscription to a monthly coin magazine or the grey sheet is an important addition for the serious collector, as well as a specific guide to coin grading. the Red book does a decent basic introduction to grading of coins, but there are better guides available. 2. The Red book is for American coins, though information on old Spanish doubloons, Continental money, etc. can be found. Don't lower your rating just because you expected something it isn't. 3. Coin prices are constantly changing. This book is a guide, not necessarily the final answer to the most current value though it is good at letting you know the general rating of a coin, and the wide variations in value based on the quality and demand of the coin. 4. As a newbie to coin collecting in my younger days, I learned more from this book than any other. I highly recommend it, especially for newer collectors, though I continue to use current editions even after 49 years. 5: coin prices listed here are generally the high end prices.
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10 of 11 people found the following review helpful By san franciscan on June 19, 2012
Format: Spiral-bound Verified Purchase
The Red Book is a classic and the editors have worked hard to supply an incredible range of information on United States coins. Unfortunately, efforts to update coin prices seem to be lackluster at best and non-existent at worst. The problem encompasses everything from sleepers like the 1909-O Barber quarter (very tough and expensive at fine or above) to classics like the 1921 Peace dollar (difficult to find in uncirculated with decent luster and strike). It is clearly time the editors went back to basics, stopped expanding the informational elements, and made a concerted effort to bring the pricing portion of the book back into line with the real world.
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