A “Red Book” refers to A Guide Book of United States Coins, a popular annual publication listing estimated market values for American coins. This resource provides collectors and dealers with a standardized reference point for determining a coin’s worth based on factors like condition, mintage year, and mint mark. For example, a 1909-S VDB Lincoln cent in uncirculated condition might be listed with a significantly higher value than a common 1958 Lincoln cent in well-worn condition.
Since its debut in 1946, this guide has become an indispensable tool within the numismatic community. Its consistent publication provides historical price trends and offers valuable insights into market fluctuations. Utilizing such a resource allows for informed buying and selling decisions, promotes fair pricing practices, and facilitates informed collection development. The publication’s longevity contributes to market stability by establishing recognizable benchmarks.