The Coin Collector's Survival Manual, 6th Edition (Coin Collectors Survival Manual)
by Scott A. Travers
(Click here)
Book Summary Information
Author: Scott A. TraversEdition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2008-10-14
ISBN: 0375723056
Number of pages: 400
Publisher: House of Collectibles
Book Reviews of The Coin Collector's Survival Manual, 6th Edition (Coin Collectors Survival Manual)
Book Review: My #1 Recommended Coins Book
Summary: 5 Stars
Hundreds of books about coin collecting are published every year, and most of them are just rehashes of the same old things. What sets this book apart is the actionable information about how to make money in coins right now.
The author, Scott A. Travers, is a leading consumer advocate in the numismatic (coin collecting) marketplace. He has long held a well-earned reputation for telling it like it is, and taking no prisoners along the way. In the "Coin Collector's Survival Manual", he reveals the secrets that million-dollar coin dealers use to make money, and he does it in a step-by-step manner that is easy to follow and interesting to read.
For example, a lot of people make good money by breaking the coins out of PCGS and NGC grading service holders, and sending them back in for a higher grade. Travers provides lists on page 154-55 and 160 of the coins most likely to get an upgrade. And if you're not sure how to crack open the holders without making a mess and damaging the coins, check out the instructions on pages 151-2.
Counterfeit and doctored (altered) coins and holders are becoming an increasingly severe problem as technology advances and the fraudsters improve their fakes. This book has saved me from making costly mistakes, as it includes multiple sections and chapters that address deceptive coins. It was the first media anywhere to defy PCGS' public stance and publish photos of the fake PCGS slabs, plus Travers has the full diagnostics for detecting the fake NGC slabs, all in large, full-color photos.
I could go on and on about the benefits of this book, but neither of us have the time to write (or read) them all. Suffice to say that the "Coin Collector's Survival Manual" has everything you need to learn about the coin market today, and coin collecting in general. Whether you're a brand new collector or an accomplished expert, you need this book! I am making money buying and selling coins in ways I never could have known without Travers' teaching. I love this guy's stuff!
(Note regarding previous editions of this title: Travers has significantly updated and enhanced the best of his classic advice, cutting out much that was dated or no longer so useful, and adding a great deal of new material. This book is a major upgrade from the 5th edition.)
Bottom Line: A "must-have" book (unless you like paying too much for coins and/or buying doctored and counterfeit material.)
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Summary of The Coin Collector's Survival Manual, 6th Edition (Coin Collectors Survival Manual)
Revised and UpdatedFrom one of the world's most knowledgeable coin dealers-a former consultant to the Federal Trade Commission who is often quoted by the Wall Street Journal-comes a thorough update of the most-trusted consumer protection handbook to buying and selling rare and valuable coins. Illustrated with black-and-white photographs and a full-color insert, The Coin Collector's Survival Manual is indispensable for seasoned collectors and novices alike.
This substantially revised edition of the Coin Collector's Survival Manual includes new chapters that focus on legal and financial advice for buying and selling coins, and a section on the newest coin grading service, the Certified Acceptance Corporation, and how it will change the landscape of coin grading for investors.
You will learn how to:
. Understand coin grading systems
. Detect altered, counterfeit, and doctored coins
. Know when to buy and sell-and when not to
. Buy coins through Internet auctions-and avoid the pitfalls
. Safeguard and protect your coins from disaster
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