Whitman Announces 8th Edition Guide Book of U.S. Paper Money

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Whitman® announces the upcoming release of the newest edition of A Guide Book of United States Paper Money, by Arthur L. and Ira S. Friedberg.

A Guide Book of United States Paper Money, 8th ed
A Guide Book of United States Paper Money, 8th Edition

Paper-money collectors and American history buffs alike will appreciate the depth of the research, the fascinating narrative, and the wealth of data provided. The fully updated eighth edition builds on the critically acclaimed first through seventh editions, which have firmly established this book’s reputation as a best-selling collector’s price guide and history of U.S. federal paper currency from the Civil War era to date.

New features in this edition include the "Top 100 U.S. Paper Money Prices Realized at Auction, 2022 and 2023." Coauthor Ira Friedberg notes that this appendix "shows how the upward movement of United States currency prices, especially for rarities and pieces in top condition, is continuing unabated — fueled not only by the entry of new collectors at all levels, but also by the realization that compared to United States coins, currency remains a relative bargain."

The 420-page softcover A Guide Book of United States Paper Money, eighth edition,can be pre-ordered now for $24.95 online at Whitman.com and Amazon.com, and will be available July 2024 at bookstores, hobby shops, Whitman’s eBay Store, and other online retailers nationwide.

"The Friedbergs have once again expertly improved upon a stalwart in the paper currency community," said Whitman editorial director Diana Plattner after sending the book to press in March. "Just as the book’s subtitle asserts, this guide book continues to be a definitive source for history, grading, and values of U.S. paper currency."

A Guide Book of United States Paper Money provides a catalog and price guide for federal notes from $10,000 down to $1 face value, Treasury notes of the War of 1812, encased postage stamps, Fractional Currency, error notes, and uncut sheets. It also covers hobby topics such as signatures on U.S. currency; grading standards; star notes; the Bureau of Engraving and Printing; how cash is designed, printed, and distributed; and how to collect, store, and care for collectible paper money.

Sample interior page
Sample interior page

Authors Arthur and Ira Friedberg are well known in the numismatic world, having been professional numismatists for more than 30 years. Both joined their father’s family firm, Coin & Currency Institute, after college. Since then, they have established themselves as award-winning authors, coin dealers, researchers, and numismatic consultants to numerous governments and organizations.

Title: A Guide Book of United States Paper Money, 8th ed.
Authors: Arthur L. and Ira S. Friedberg
ISBN-13: 9780794850708
Binding: Softcover
Dimensions: 6 x 9 inches
Pages: 420
Photos: 650+, full color
Retail: $24.95 U.S.
https://whitman.com/official-red-book-a-guide-book-of-united-states-paper-money-8th-edition/

About Whitman Brands

Whitman BrandsFormed from the 2023 merger of the numismatic publishing powerhouses of CDN and Whitman, Whitman Brands, the entity’s new name, combines the revered titles of Red Book, Blue Book, 100 Greatest, Cherrypicker’s Guides, and an expansive line of folders, albums, and supplies, that have long dominated the retail landscape with the pricing and data-rich expertise of Greysheet, Greensheet, CPG, CDN Exchange, and the Banknote Book.

Whitman Brands offers a comprehensive and rich coverage of collectibles, literature, cataloging and pricing, which embraces the heritage of numismatics and seeks to enrich the lives of all coin and paper money enthusiasts.  As North America’s leading producer of coin and currency shows, Whitman Expos and its three industry leading events in Baltimore further enhance the brand portfolio and expand the company’s national reach.

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Rick

Well, I was close as to predicting the upcoming “promoted” articles here.
Whitman, that’s a given once a month. And the Auctioneers? I thought DLRC, or GC were due up next in that department. So much for what I know?!
No bashing going on here, advertising is just good business for a responsible website…
For the record, I thoroughly enjoy Whitman products, and very much enjoy Auction Houses.
Just ask my checkbook(⊙ˍ⊙)!

Rick

Rick said a week ago,
E1, anyone really…
To Dip, or to not Dip? That is my question. 1881-S, a raw blast from the past!..”(found in my ever giving “junk Silver” box)
ECGuru says,
I vote to dip.”
E1 says,
” As for your raw 1881-S above, I would dip it just for fun; just to get the experience. If it looks like it would grade MS 65 or 66; then I would send it in.”

Before:

1881-S-NEW-1
Rick

I did dip it and have a couple of takeaways here; 1) It cleaned up fairly well and looks cleaner/better, pretty nice. I only dipped it for 3-4 seconds, and no Q-tip agitation out of precaution. I didn’t want to over do things, or to “scrub” it in any way.(cause I’m a chicken!).. 2) What still remains on the coin is some evidence of fingerprints & dirty residue(stains)from being in circulation, the coin trade market, and in storage for what? 140 years or so? 3) My “restoration” while perhaps (arguably)incomplete, has revealed a couple of it’s secrets upon being “cleaned”… Read more »

1881-S-NEW-3
Rick

Hint, click the photo twice/repeated to compare before & after photos of the coin…

Major D

The first thing I noticed was the big difference in the field. It looks mirrored now and really popped out the head of Liberty. I’d say the contrast looks closer to how it must have looked back when it was made. Just a non-expert opinion, but I like it better. The photo below was copied from Wikipedia just to show a mirrored field.

Morgan_half_dollar
Last edited 12 days ago by Major D
Major D

This was just subjectively responding in terms of eye appeal (shiny vs. non-shiny)- with no regards to any grading. Like the video you shared from Daniel/Portsmouth Coin a while back– shiny is often picked by a buyer over non-shiny, and even though it may be of a lesser grade doesn’t mean it’s perceived that way by a non-expert. So, based on E 1’s comment, maybe consider putting it on eBay ungraded?

Rick

I like it better also Major D. Better eye appeal now. It was awash with dingy grime and no contrast. Dull. Not a mirror, but a cleaner Mint State look, and more cleanliness to go perhaps?. This story isn’t quite over I suspect, and thanks for your input!

E 1

Rick,

I think I would pass on getting that one graded. The coin may have been a roll ender. Explaining why one side of the coin is really good and the other side not so good. That fingerprint on the obverse has been there for a long time and may have permanently etched itself into the coin. I would have worked it really good with the Q-Tip if it were me. Then I would know for sure. 1881-S’ in MS-65 look great. But that coin….

This is how you learn and there is nothing wrong with that.

Cheers

Rick

Agreed, I said I was a chicken!? And having fun experimenting I am! Cleaning off some of the grime revealed more hits. I wanted to take it slow though, perhaps leaving some desirable toning–Nope, a layer of dinginess remains. The coin looks improved overall. I suspect you’re correct with some tough fingerprint etching & aging going on. It’s almost like that old car with the paint fade, blotchiness(sun damaged)effect. That fingerprint and smudging could’ve been left on the coin 100++ years ago? Someone just trying to buy a few drafts for the crowd at the Ol’ San Fran Saloon!? I… Read more »

Last edited 12 days ago by Rick
E 1

Rick,

That 1881-S MS-66 is a bagger. I hope you had the winning bid.

Cheers

Rick

Indeed, I won it fair & square and thanks for the vote of confidence! Too bad that I had to pay a premium that must equal an MS67+ to break even on it. I fully intend to get such a grade with a reconsideration attempt. Will I succeed? I don’t know, maybe not. Regardless, one sometimes must pay a premium in the current, then years down the road the premium is wiped clean. That is a factor that I accept, and have experienced first hand with most of my past buys. When you say “don’t sell” there is 100% validity… Read more »

GC-1881-S-MORGAN-1
Kaiser Wilhelm

It’s quite possible, Rick, that I’m the odd man out here, but the original “version” of that Morgan, perhaps somewhat surprisingly so, looks better to me than the cleaned iteration. It just seems to have given up some of its hard-earned “authenticity” by having the signs of aging removed from its surface. As for whether or not you should now venture to have it graded, that’s beyond my ability to surmise.

Rick

I will agree with you on that point. However technically speaking the original was a Brilliant Uncirculated Gem. I know that’s not what you meant though.. I like certain authentic aging & toning too. However this example was not to my liking so much. It looked too “washed out” with dinginess/grunginess. No contrast as Major pointed out. This one is a learning/experimentation coin for me. Some people just love a bright & shiny old coin, while other folks like an aged, toned coin. I am in both camps and collect toned, partial, or BU coins. Attached is my most extreme… Read more »

Last edited 12 days ago by Rick
Kaiser Wilhelm

As always, Rick, your points and ideas are very well grounded and explained and I can certainly understand your own studied viewpoint regarding this coin. Therefore, in the interest of full disclosure, I have to admit that I have no doubt that my own slightly(?) different take on this Morgan Dollar is in no small part due to what I now consider to have been a very poor choice I made in regard to a Mexican silver coin in my possession. I received this 100 Peso .720 Silver 1978 coin in 1992 as a wedding gift from a very dear… Read more »

silver-roughly-the-size-of-a-silver-dollar-1978-mexico-100-pesos-world-silver-coin-280-grams-888888946_6720181152498131383
Rick

Very well said and I’m sorry that your friend has passed on. While your nice 100 Silver Peso most certainly has more sentimental value attached to it than my $1 Silver coin has to myself, I will say this; We both took a chance on giving it a go with brightening the coin up a bit. And it worked whether we like the results, regret them, or have a sentimental tie that is perceived as being diminished. In the end I would add, that both coins with less than an onza of Ag content, a Mintage of 10 million coins,… Read more »

Last edited 11 days ago by Rick
John Q. Coinage

It’s the FREIBERG book NOT the Whitman….carpetbaggers

Rick

Yeah JQ it’s all about $$ for him. But I’ll tell you what, I would say he’s smarter than me when it comes to coins, or running a business. But I try. They’ve got me hooked because every time I see a Bowers book, I’m drawn in. He’s a legend in my own mind..My latest book…
PS: Bowers has some serious chops I think. When he was a teenager he would not only find 1955 DDO’s in pocket change, he would trade-up for cherries. I wonder how many 1C MS-RD 55’s he’s got laying around?

BOWERS-COIN-BOOK