A Guide Book of United States Coins
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''A Guide Book of United States Coins (The Official Red Book)'', first compiled by R. S. Yeoman in 1946, is a
price guide The hobby of collecting includes seeking, locating, acquiring, organizing, cataloging, displaying, storing, and maintaining items that are of interest to an individual ''collector''. Collections differ in a wide variety of respects, most obvio ...
for
coin collectors Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors often include those that were in circulation for only a brief time, coins with mint errors, and especially beautiful or historic ...
of
coins of the United States dollar Coins of the United States dollar (aside from those of the earlier Continental currency) were first minted in 1792. New coins have been produced annually and they make up a valuable aspect of the United States currency system. Today, circulating c ...
, commonly known as the Red Book. Along with its sister publication, the older ''Handbook of United States Coins (The Official Blue Book)'', it is considered an authoritative U.S. coin price guide. The ''Guide Book'' and ''Handbook'' got their nicknames (and now official trademarks), the "Red Book" and the "Blue Book," due to their respective solid red and blue covers. Both books are published annually, dated for the following year. The ''Red Book'' lists the retail price of all United States coins from
colonial Colonial or The Colonial may refer to: * Colonial, of, relating to, or characteristic of a colony or colony (biology) Architecture * American colonial architecture * French Colonial * Spanish Colonial architecture Automobiles * Colonial (1920 au ...
issues to modern circulating U.S. coins, including each year of issue, mint marks, and significant design variations. In addition, the ''Red Book'' lists
commemorative coins Commemorative coins are coins issued to commemorate some particular event or issue with a distinct design with reference to the occasion on which they were issued. Many coins of this category serve as collectors items only, although some countries ...
, mint sets and proof sets, and
bullion coins Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes fro ...
, as well as significant U.S. pattern coins, private and territorial gold, Hard-times tokens and Civil War tokens. Also listed are Confederate issues, Hawaiian tokens and coins,
Philippine The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
issues and Alaskan tokens. Each listing includes variable prices based on a coin's measured quality, or
grade Grade most commonly refers to: * Grade (education), a measurement of a student's performance * Grade, the number of the year a student has reached in a given educational stage * Grade (slope), the steepness of a slope Grade or grading may also ref ...
.


History

''A Guide Book of United States Coins'' (the ''Red Book'') is the longest running price guide for U.S. coins. Between all formats, 24 million copies have been sold. The first edition, dated 1947, went on sale November 1946. Except for a one-year hiatus in 1950, publication has continued to the present. R. S. Yeoman was the founding compiler of the ''Red Book'' while employed at Whitman Publishing. In 1942, Yeoman had served as a founding co-editor of Whitman Publishing's ''Handbook of United States Coins'' (the ''Blue Book''). The ''Blue Book'' was successful in giving hobbyists an overview of U.S. coin history and coin wholesale values (prices coin dealers would pay for collectors to sell coins). However, Yeoman believed collectors wanted even more information on their coins, so he began to compile the ''Red Book.'' Delayed until the end of
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing ...
, the ''Red Book'' was published in 1946, providing collectors even more historical information as well as retail values (prices collectors could expect to pay coin dealers to buy coins) instead of wholesale values. R. S. Yeoman served as editor of the ''Red Book'' and ''Blue Book'' until he retired in 1970. In 1971 his assistant,
Kenneth Bressett Kenneth Edward Bressett (born October 5, 1928) is an American numismatist. He has actively promoted the study and hobby of numismatics for over 50 years. His published works on the subject cover a wide range of topics and extend from short articl ...
, took over as the editor. Bressett himself retired in 2017, and currently serves as editor emeritus. Jeff Garrett has since served as senior editor of the ''Red Book'' and ''Blue Book'' , while Q. David Bowers has served as senior editor of the Deluxe Edition of the ''Red Book'' since 2018. Yeoman and Bressett remain listed on each edition of the ''Red Book'' and ''Blue Book'' as their editor. The book's all-time peak print run for a single year was 1.2 million copies in 1965. In 2022, the ''Red Book'' is in its 76th edition (dated 2023) and the ''Blue Book'' is in its 80th edition (dated 2023).


Formats

In addition to the traditional hardcover edition, new formats have been added through the years: * Softcover (perfect bound) – 1993–1996, 1998, 2003–2006. * Spiralbound softcover – 1997, 1999 to date. * Spiralbound hardcover – 2008 to date. * Large-print edition – 2010. An 8x10 inch-sized, spiralbound softcover. * Limited Edition leatherbound – 2009 to date. Each year the publisher prints fewer copies than the previous year (2015 was limited to only 500 copies; in years past 3,000 copies have been printed). * Essential Edition


MEGA Red Book

Since 2015, Whitman Publishing has published the (Expanded) Deluxe Edition, trademarked as the "MEGA Red." The MEGA Red includes more expanded design, mintage, pricing, grading and historical information than the standard Red Book. Since the 1st edition, each edition features "in-depth coverage" of a different denomination of U.S. coins: * Copper Half Cents and Large Cents (1st edition, 2015) . * Small cents (pennies), 1856-date (2nd edition, 2016, dated 2017). * Nickel five-cents (nickels), 1866-date (3rd edition, 2017). * Dimes, 1796-date (4th edition, 2018). * Quarter dollars, 1796-date (5th edition, 2019). * Half dollars, 1794-date (6th edition, 2020).


Collectable editions

Early editions of the ''Red Book'' are collectible. The first edition has commanded $1,500 or more on the open market. The ''Red Book'' has its own ''Red Book'' – ''A Guide Book Of The Official Red Book Of United States Coins'' by Frank J. Colletti published 2009 by Whitman Publishing (). A facsimile of the 1947 edition was published in 2006, on the 60th anniversary of the publication of the first edition. Dubbed the "1947 Tribute Edition" (), it differs from the original by having a dust jacket (the first ''Red Book'' ever to have one) and an additional 32-page color section, comparing the coin collecting hobby in 1946 and 2006. Except for the dust jacket and color section, it was an exact replica of the first printing (with the phrase "scarcity of this date" on page 135).


See also

* ''
Standard Catalog of World Coins The ''Standard Catalog of World Coins'' is a series of numismatic catalogs, commonly known as the Krause catalogs. They are published by Krause Publications, a division of Active Interest Media. Overview The by-century volumes list by date virt ...
''


References

{{DEFAULTSORT:Guide Book Of United States Coins Coins of the United States Numismatic catalogs Publications established in 1946 Annual magazines published in the United States