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Coin Collecting For Dummies

Overview

There’s a special comfort in collecting, in surrounding yourself with familiar objects and building a store of assets. The allure of money is especially strong. Coins represent real value. The warmth of silver and the weight of gold are irresistible to some. Coins travel throughout the world and through time itself, representing and absorbing history as they pass from one person to the next. Oh the stories coins could tell if they only had voices.

Coin-collecting is a relaxing ...

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Overview

There’s a special comfort in collecting, in surrounding yourself with familiar objects and building a store of assets. The allure of money is especially strong. Coins represent real value. The warmth of silver and the weight of gold are irresistible to some. Coins travel throughout the world and through time itself, representing and absorbing history as they pass from one person to the next. Oh the stories coins could tell if they only had voices.

Coin-collecting is a relaxing and inexpensive (although it can be very expensive!) hobby. If you buy properly, coins can be an excellent place to park your money for a rainy day, and if you buy the right coins and the market improves, you may even be able to make a profit on your collection. In fact, numismatics (the fancy term for coin collecting) offers more riches than you may realize. This rewarding hobby also opens the door to some serious life skills, such as

  • History
  • Geography
  • Observational skills
  • Organizational skills
  • Analytical tools.

This book is designed to appeal to collectors at every level, from beginner to advanced. This is not a hardcore coin book; rather, Coin Collecting For Dummies is a great general reference that points you in different directions for further investigation. Perhaps the most important goal of this book is to get you excited – and to keep you excited – about coin collecting. Coin Collecting For Dummies covers all these topics and more:

  • Deciding what to collect
  • Storing your collection correctly
  • Finding out about repaired, restored, and recolored coins
  • Pricing world coins
  • Finding a good coin dealer
  • Buying at auction
  • Understanding that condition equals value
  • Exploring the wild side with rare, expensive, and esoteric coins
  • Selling your coins

No one needs coins, but if you decide to collect them, you certainly need this book. Coin collecting can sometimes be a confusing maze of choices sprinkled with little traps along the way. Sure, you can go it alone, but why not make your journey into numismatics a lot easier by picking the brain of an expert collector and learning from the mistakes of others.

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Product Details

  • ISBN-13: 9780764553899
  • Publisher: Wiley
  • Publication date: 9/28/2001
  • Series: For Dummies Series
  • Edition description: 1ST
  • Edition number: 1
  • Pages: 384
  • Sales rank: 863,347
  • Product dimensions: 7.40 (w) x 9.22 (h) x 0.82 (d)

Meet the Author

Ron Guth is President of CoinFacts.com, the largest publication of coin collecting content. He writes for publications including Coin World, Numismatic News, World Coin News, and The Numismatist.
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Table of Contents

Introduction.

PART I: Numismatics: Easier Done Than Said.

Chapter 1: Understanding (and Pronouncing) Numismatics.

Chapter 2: Arming Yourself with Knowledge.

Chapter 3: Storing Your Collection Correctly.

PART II: Buying Coins the Safe Way.

Chapter 4: Foiling the Fakes.

Chapter 5: Weaving Your Way through Price Guides.

Chapter 6: Verifying … and Verifying Again.

Chapter 7: Wheeling and Dealers.

Chapter 8: Going Once, Going Twice: Buying at Auction.

Chapter 9: Affecting Value through the Condition of Your Coins.

Chapter 10: Grading Coins: Your Best Defense.

PART III: Choosing Coins for your Collection.

Chapter 11: Showing Their Age: Ancient Coins.

Chapter 12: Making a Safe Bet with U.S. Coins.

Chapter 13: Globetrotting with World Coins.

Chapter 14: Exploring the Wild Side with Rare, Expensive, and Esoteric Coins.

PART IV: Focusing on U.S. Coins.

Chapter 15: Colonial Coins: America's Ancients.

Chapter 16: Copper and Nickel Coins: Made for the Masses.

Chapter 17: Silver Coins: Keeping Commerce Alive.

Chapter 18: Gold Coins: Concentrated Wealth.

Chapter 19: Commemoratives: Raising Money with Money.

Chapter 20: Advancing to Oddball Coins.

PART V: Selling (Sob!) your Numismatic Treasures.

Chapter 21: Selling Your Coins Yourself.

Chapter 22: Selling on Consignment.

Chapter 23: Auctioning Off Your Coins.

PART VI: The Part of Tens.

Chapter 24: The Ten Most Valuable U.S. Coins.

Chapter 25: Ten Favorite U.S. Coin Designs.

Chapter 26: Ten Great Numismatic Web Sites.

Appendix: Coining a Phrase.

Index.

Book Registration Information.

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