Coin Collecting For Dummies [NOOK Book]

Overview

Covers the essentials of coin collecting at an affordable price

Spend wisely — and then keep your collection in mint condition

Can't make heads or tails of numismatics? Welcome to a treasure-trove of information on numismatics — or rather, coin collecting. This hands-on guide escorts you through the world's oldest hobby, covering topics such as how to decide which coins to ...

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Coin Collecting For Dummies

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Overview

Covers the essentials of coin collecting at an affordable price

Spend wisely — and then keep your collection in mint condition

Can't make heads or tails of numismatics? Welcome to a treasure-trove of information on numismatics — or rather, coin collecting. This hands-on guide escorts you through the world's oldest hobby, covering topics such as how to decide which coins to collect, ways to protect them, buying andselling on the Internet, attending coin shows, to assembling and diversifying your collection.

Discover how to:

  • Store your collection correctly
  • Understand how age affects value
  • Locate rare and expensive coins
  • Get savvy with avoiding fakes
  • Get kids or loved ones involved
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Product Details

  • ISBN-13: 9781118052181
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 3/1/2011
  • Series: For Dummies Series
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 2
  • Pages: 384
  • Sales rank: 122,426
  • File size: 41 MB
  • Note: This product may take a few minutes to download.

Meet the Author

Neil S. Berman: Neil S. Berman has been an expert numismatist and professional rare coin dealer since 1968. Coming back to the United States from Israel at the end of 1967, he apprenticed to the world-renowned Dutch numismatist and coin auctioneer Hans M. F. Schulman. He incorporated as Neil S. Berman, Inc., in 1968. In 1974, Neil became an associate of Metropolitan Rare Coin Company of New York. For the next several years, he represented Arthur and Donald Kagin of Des Moines, Iowa, then the largest coin dealer in the Midwest, as a purchasing agent. Later he represented Superior Galleries under the Goldbergs, also as a purchasing agent. In 1979, Neil, with his brother Jed, founded First Federal Coin Company, the first East Coast coin company to sell rare coins into IRA, Keogh, and pension plans. From 1983 until 1990, he was the purchasing agent for Asset Services, Inc., the largest coin company serving the financial community. Neil donated his large collection of German and Swiss silver minor coins to the American Numismatic Society (ANS) in 1989. In 1997, he received the American Numismatic Association (ANA) Service Award from ANA President David Ganz. In 2005 and 2006, he was associated again with Superior Galleries of Beverly Hills, this time under the ownership of numismatist Silvano DiGenova.

Neil catalogued the U.S. gold in the 1977 Kagin’s ANA Coin Auction Sale, the first New York coin auction sale in 1981 of Spink and Sons, England’s oldest and largest coin dealer, and a coin auction sale by Superior Rare Coin Galleries of Beverly Hills in 2006.

Neil has been published in Barron’s, Trusts & Estates, The National Law Journal, The Financial Planner, Pensions World, and Executive Jeweler. In 1987, he wrote, with Hans Schulman, The Investor’s Guide to United States Coins, which sold 40,000 copies and received a Numismatic Literary Guild award for Best Investment Book. In 2007, he wrote the second edition of the book with Silvano DiGenova. Neil has just completed a book on rare coin auctions.

Ron Guth: Ron Guth is a jack-of-all-trades and master of one — numismatics. Ron is a certified public accountant (CPA), a licensed auctioneer, and a writer, but the bulk of his time is spent on his true love — coin collecting and dealing. Ron’s battle with coin fever began when he was 12 years old, and he’s never gotten over it. After a decade of collecting, Ron went professional in 1976, when he began working for a local coin shop in Tampa, Florida. In 1978, he partnered with David Goldsmith and purchased the Bay Area Coin Exchange in Tampa. Ron and Dave blasted through the silver boom, and then split up in 1981, when Ron moved to Evansville, Indiana (his wife’s hometown), where he set up shop on First Avenue. In 1984, Ron formed Mid-American Rare Coin Auctions with Jeff Garrett of Lexington, Kentucky. The company quickly established itself as an innovative leader in the industry and, within the first year, became the fifth largest rare coin auction company in America. In 1988, Ron sold his interest in the company, went back to school to finish his bachelor’s degree in accounting and finance, and has since become a numismatic consultant and a major dealer in German coins.

In 1984, Ron won the American Numismatic Association’s Wayte and Olga Raymond and Heath Literary awards. He has written many coin-related articles and is listed as a contributor to several books, including Walter Breen’s Encyclopedia of United States Coins, Krause Publications’s Standard Catalog of German Coins, Roger S. Cohen’s American Half Cents, Walter Breen’s Encyclopedia of United States Half Cents, and others. Ron has served as a numismatic consultant for many rare-coin companies, including major firms such as the Professional Coin Grading Services, Heritage Numismatic Auctions, and Early American History Auctions.

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Table of Contents

Introduction.

Part I: Making Heads and Tails out of Coin Collecting.

Chapter 1: Welcome to the World of Coin Collecting.

Chapter 2: Understanding Numismatics.

Chapter 3: Arming Yourself with Knowledge.

Chapter 4: Storing Your Collection Correctly.

Part II: Ancient to Present Day: Choosing Coins for Your Collection.

Chapter 5: Showing Their True Age: Ancient Coins.

Chapter 6: Making a Safe Bet with U.S. Coins.

Chapter 7: Globetrotting with World Coins.

Chapter 8: Exploring the Wild Side with Rare, Expensive, and Esoteric Coins.

Part III: Focusing on U.S. Coins.

Chapter 9: Colonial Coins: America’s Ancients.

Chapter 10: Copper and Nickel Coins: Made for the Masses.

Chapter 11: Silver Coins: Keeping Commerce Alive.

Chapter 12: Gold Coins: Concentrated Wealth.

Chapter 13: Commemoratives: Raising Money with Money.

Chapter 14: Advancing to Oddball Coins.

Part IV: Buying Coins the Safe Way.

Chapter 15: Foiling the Fakes.

Chapter 16: Weaving Your Way through Price Guides.

Chapter 17: Wheeling and Dealers.

Chapter 18: Going Once, Going Twice: Buying at Auction.

Chapter 19: Affecting Value through the Condition of Your Coins.

Chapter 20: Grading Coins: Your Best Defense.

Part V: Selling Coins and Minding the Law.

Chapter 21: The Art of the Sale: Selling Your Coins Yourself.

Chapter 22: Selling Your Coins on Consignment or at Auction.

Chapter 23: Coin Investments, Taxes, and the Law.

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 Ways to Get Your Kids Involved in Coin Collecting.

Glossary.

Index.

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Customer Reviews

Average Rating 4
( 13 )
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Sort by: Showing all of 13 Customer Reviews
  • Posted July 23, 2010

    I Also Recommend:

    Excellent for novice collectors or those branching out in new area of collecting

    This is in the must have for beginning numismatists, but it is not the "Bible" of the multi-faceted areas of coin and currency collecting. It will acquaint the reader with the basics and should be utilized as a springboard for identifying more specfic areas of interest. It is written in clear and simple language and provides enough information to afford the reader insight into areas of additional reading/research needed or desired.

    4 out of 4 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted July 30, 2012

    Good information

    It is very informative. For anybody who wants to get knowlegeable about the topic.

    2 out of 2 people found this review helpful.

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  • Posted August 2, 2009

    more from this reviewer

    I Also Recommend:

    Good

    I found this book,and I think it will be helpful.

    2 out of 3 people found this review helpful.

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  • Posted September 9, 2011

    exellent

    Gr8

    1 out of 3 people found this review helpful.

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  • Anonymous

    Posted November 27, 2012

    Braveheart

    "It happened in the morning." ~ Braveheart

    0 out of 4 people found this review helpful.

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  • Anonymous

    Posted November 27, 2012

    Stoneblaze

    Oh no! *he sighs* i must hv fallen asleep ther an miss it...

    0 out of 4 people found this review helpful.

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  • Anonymous

    Posted April 8, 2012

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    Hgangfjggh

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