Summer Seminar Newp

[messydesk]

So one of the cool things about the ANA Summer Seminar is their library book sale. Tons of books available for really good prices, all of which were donations to the sale. I picked up some good references the first day, when everything is full price and you need to act fast to get the premium stuff (Noyes Large Cents 1793-1814 for $100, the Briggs Seated Quarter book for $15). The second day, they start discounting stuff, including Red Books. While I'm not a Red Book collector, I decided I needed a 1962 edition (printed in 1961). There were 3 copies, and I found a nice one for a whopping 75c.

Below is the entire section on Morgan dollars. In the foreword of the book, Yeoman states:

Prices decline because: ... 2. Hoard of coins suddenly are released from estates ... or Federal Reserve vaults (as in the case of silver dollars)

I could write further commentary, but will let the book speak for itself.

62redbook.jpg (197 KiB) Viewed 2133 times

[impairedsquirrel]

Dang, give me a time machine and a bag of 98-O’s and hold my beer!!

[fogie]

Fun reading!

[Razrbak]

And in those days, most collectors considered the Red Book prices to be slightly high. Dealers, on the other-hand, usually set sell prices by it.