by Scott A. Travers
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| List Price: | $14.95 |
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Product Description 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!
Amazon.com Review 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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Average Customer Review:
0 of 0 people found the following review helpful:
Informative, 2008-02-08 This book was laid out in a way that you could follow and understand. Very informative.
2 of 2 people found the following review helpful:
Common sense and not as helpful as I thought, 2007-12-07 This was a good book except there were no real ideas except to break out your coins from the already sealed and graded plastic cartridges and resend them back to have them graded again hoping they will upgrade their already graded grade. Hopefully, in breaking the protective case, you don't scratch them getting them out. To me, that was expensive and taking a chance on their judgement. There were no real hints that I could use other than what I was already doing.
4 of 5 people found the following review helpful:
Narrow and outdated., 2007-03-08 While well-written, this book comprises of one theme throughout: cracking older PCGS graded coins and re-submitting them in the hope of a higher rating and a higher value. The book is very well detailed in this respect, but many of the older holders have long ago been cracked and re-submitted. Very little in other advice as far as making a profit.
6 of 6 people found the following review helpful:
Written by the professional, 2007-02-16 When you buy these kinds of books, you tend to expect some secret techniques of making money. Many books even manage to create the impression of telling you something previously undisclosed, until you try it and realise that it does not work.
This book is written by the professional in this field. Making money in coins is a business, and not such an exciting one, after all. There are a few ways of making a profit honestly (or almost honestly) in numismatics. And there is no guarantee of being succesful. Very sobering message, and this book gets it across well.
I learned a lot from this book and would recommend it to anyone interested in this business.
28 of 29 people found the following review helpful:
I tried it. It works., 2005-07-30 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!

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