What is the difference between the Red Book and Blue Book for coins?

What is the difference between the Red Book and Blue Book for coins?

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.

Where should I sell my old coins?

Best places to sell coins online

  • CoinsForSale.com Only 5% to sell. No listing fee.
  • Heritage Auctions 10% fee. Consignment program.
  • Ebay 12.35% + $. 030 fee, plus listing fees.
  • Apmex Well known. But won’t pay until after you’ve shipped your coins.
  • Modern Coin Mart Won’t pay you until after you’ve sent them your coins.

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.

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$13.97 $14.40

How to become a good coin collector?

Here are 5 simple steps to get you started. Step #1: Get to know your “mint lingo”. Like any specialized hobby or discipline, the world of coin collecting has its own language. Step #2: Just start collecting (yes, really)! Collecting coin sets. Step #3: Define your collection type. Step #4: Create your toolkit. Step #5: Take care of your coins.

What are good website for coin collectors?

5 Best Coin Sites To Explore Coin Collecting Online ANA Coin Site. American Numismatic Association, famously referred to by its acronym ANA, is a widely respected coin organization. U.S. Mint Coin Site. PCGS Coin Site. The Professional Coin Grading Service (PCGS) is a well-respected leader in coin grading and encapsulation. CoinWeek Coin Site. eBay Coin Buying Guide.

Which coins are best for young collectors?

Which Coins Are Best For Young Collectors? Lincoln Pennies. Lincoln pennies are a perennial favorite that both young and old, new and veteran coin collectors alike have enjoyed for generations. Jefferson Nickels. Like Lincoln cents, Jefferson nickels are another coin that young kids can easily recognize and find in circulation. 50 State Quarters. Old Coins.

What are collectors coin?

Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors often include those that circulated for only a brief time, coins with mint errors and especially beautiful or historically significant pieces.