Coin Collecting Red Book Vs Blue Book

The prices in the Red Book are definitely not really accurate but they are moderately close. Ad Dive into the world coin collecting with the US Mint.

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So values listed will be lower in the Blue Book.

Coin collecting red book vs blue book. I know the Red Book is the main price guide and the Blue Book was what dealers used prior to the greysheet. Ad Magically Low Prices On A Huge Selection Of Coin Albums. The Blue Book lists the prices dealers wish they could buy coins for to include them in inventory.

Dealers cant pay fair market value as they have to make a profit to keep stores open. If you want access to more than just prices the Red book is the right choice. It is published by Whitman just like the Red Book is.

Nowadays there are many guides to wholesale and retail values of coins. The thing that I do before bidding on any sets is watch what people are paying for them and then enter the data in a spreadsheet. From what I have heard the Red book and Blue book are printed a year or 2 in advance of the release date.

In all of these cases the Graysheet is significantly closer to a decent price for the coin than the Redbook is. Red Book is for retail prices and Blue book is for what the majority of dealers will pay for you coinssetS another place I found for suggested current retail is PCGSs web site under there price guide. 20 Off Sign Up For Our Newsletter.

Ad A Trusted Name In Coin Collecting. The Blue Book is supposed to give a selling price that dealers might pay for coins. GDJMSP Aug 26 2012 2 Quote Reply.

The last time I bothered looking at either for pricing information neither seem realistic. One of the retail guides can be found each month inside Coins Magazine. Much more detailed and encompassing than the Blue Book the Red Book is used by both collectors and dealers on a daily basis.

The Blue Book contains wholesale coin prices the price you might expect to get when selling to a. Actual prices may be a quite different when you actually go out and buy specific coins. The Blue Book is a coin price guide that informs you on the approximate amount of money you can expect to get if you sell your coins to a coin dealer.

1932-D or S Quarter in VG - Graysheet. Magically Low Prices - All Popular Brands For Your Collection. Its considered the Bible for US.

But when it comes to values you should just block that part completely out of your mind. And while youre at it forget any pricevalue you see in the Red Book. The Red Book is an essential book that every collector of US coins needs to own.

If I saw a coin listed for 100 in the Red Book I wouldnt consider 70 a bad price but for 120 I would probably investigate further. Personally I prefer the Red book because it has more comprehensive information on the coins themselves. The only difference may be that it is a softback book and its a little cheaper.

The Red Book is supposed to give fair market value for coins. Another such guide can be found in Numismatic News a weekly paper covering the coin collecting scene. Many times before I buy or sell a coin I check everything to see what the current value is.

1909-S VDB cent in MS63 - Graysheet. 1916-D Mercury dime in G - Graysheet. Then as now the Blue Book was the buying guide whereas the Red Book provided retail prices.

The Red Book contains retail coin prices what you can expect to pay when buying from a dealer. Forget the Blue Book dont bother to buy it. The red book is a retail price guide what you would pay for coins while the bluebook is a dealer price guide what you could sell coins for.

The Red Book lists the prices dealers wish they could sell their coins for. The Red Book has more historical information than the Blue Book Im not even sure the last Blue Book I have seen.

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