How to Make Money in Coins Right Now, 2nd Edition
by Scott A. Travers
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Book Summary Information
Author: Scott A. TraversEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2001-02-27
ISBN: 0609807463
Number of pages: 336
Publisher: House of Collectibles
Book Reviews of How to Make Money in Coins Right Now, 2nd Edition
Book Review: I tried it. It works.
Summary: 5 Stars
I bought this book with the idea of picking up some investment coins, salting them away for a few years, and cashing out. While that may indeed work, it's not the essential theme of this book. After reading and thinking through some of the strategies, I became fascinated with the grading arbitrage game that is covered in great detail. Despite Travers' warnings about doing this online (and ebay specifically) I was able to parlay $600 into $1200 in about two months using ebay coin auctions. There is some risk involved and you absolutely must do your homework, but pretty much everything you need is discussed in this book. You can make your own price guide by using the resources on ebay; you will also need the self-discipline to not over-bid!
Summary of How to Make Money in Coins Right Now, 2nd Edition
THE COIN FIELD'S TOP INSIDER OFFERS THE SECRETS TO SUCCESS!Consumer advocate Scott A. Travers blows the lid off the coin industry while telling you how to make huge profits from small coins. Completely overhauled for the new millennium, this prize-winning guide shows you how to:
* make the most of your on-line experiences by understanding the perils and pitfalls of Internet coin auctions
* outsmart the grading services with secrets that could make you a fortune
* understand coin pricing and identify coins to buy and sell right now
* use America's 50-state quarters promotions to your advantage
* save money with tax-slashing strategies
* negotiate deals like a professional insider
Includes a never-before-published, tell-all interview with a veteran dealer!
Can you really make money in collectible coins? And can you make it *right now* -- not after holding them for a decade or more? Scott Travers, an international coin dealer and author of four previous books on the investment/hobby, believes you can. In How To Make Money in Coins Right Now: The Ultimate Insider's Guide to the Coin Market, he dispels the myths and whispers the secrets that improve your odds in this potentially lucrative marketplace.
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