Red Book on the coin market?
crypto79
Posts: 8,623 ✭
It used to be that the Redbook influenced the coin market especially on the collector side if not the price side. The days of buyer going down and wanted a coin based off of a low mintage or that main stream collectors wanted an error only if it was listed in the red book. Being in the red book used to make or break a coin.
I feel it is safe to say now days that the number one determining factor on an issue is Registries and if it is listed as a major variety by the TPG's.
Where does this leave the RED and it's listings. Do you think that more people will go to add a copy of the 1934 DDO Peace 1$ (for example)now that it has been added to the Redbook? Does this influence PCGS to make it more than a VAM and add it to the label for free? Or have the days of the Redbook influencing what a complete collection is has passed?
I feel it is safe to say now days that the number one determining factor on an issue is Registries and if it is listed as a major variety by the TPG's.
Where does this leave the RED and it's listings. Do you think that more people will go to add a copy of the 1934 DDO Peace 1$ (for example)now that it has been added to the Redbook? Does this influence PCGS to make it more than a VAM and add it to the label for free? Or have the days of the Redbook influencing what a complete collection is has passed?
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Comments
very limited and slow and the price changes were fairly static.
In todays world, the Red Book is anachronistic, except as a historical
reference.
Camelot
<< <i>I thought collecting was based on the holes in a Whitman Album. >>
More often, its based upon the holes in ones head.
Camelot