You can recommend a single book to a new collector... What would it be?
stinkinlincoln
Posts: 2,733 ✭
Id have to go with QDB's 'Colecting & Investing In Rare Coins'
Great book, easy to follow for a newbi, some great ideas for collections, & alot of general coin info that is sure to peak some interest in coins.
Whats the one book you would recommend?
Great book, easy to follow for a newbi, some great ideas for collections, & alot of general coin info that is sure to peak some interest in coins.
Whats the one book you would recommend?
0
Comments
FWIW - IMHO, I would encourage doing a LOT of reading!
Depending on just how "New" a collector is I'd recommend maybe joining the ANA,
taking the correspondence courses in grading and detecting altered & counterfeit US coins.
Redbook is OK but it's a Yearly publication. If you go that route you'll also need a Blue book.
The Coin Dealers' Newsletter is always current as opposed to yearly.
Reading brings Knowledge ... as does "experience" - and Knowledge IS Power.
A good First step is crucial. A lot of costly mistakes can be avoided this way.
Ask a lot of questions (which you seem to do) but always "consider the source".
Subscribe to PCGS' e-zine, The ANA online Newsletter etc, etc.
Drop me a PM & we'll see if we can get you started on the right foot.
There IS no substitute for experience & the only way to experience is by getting
a mitt & getting into "the Game"! Jump in, inexpensively at first (Face Value), by
going to Banks and getting your hands on a LOT of coins - you'll need a copy of
"Photograde" for this!
Good Luck.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I was a Monkey
<< <i>Id have to go with QDB's 'Colecting & Investing In Rare Coins'
Great book, easy to follow for a newbi, some great ideas for collections, & alot of general coin info that is sure to peak some interest in coins.
Whats the one book you would recommend? >>
I agree.... Red book also
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>Federal Half Dimes 1792-1837 by Logan & McCloskey >>
For a first book for a new collector??? Are you trying to scare him away???
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Depending on the collector the Logan/McCloskey book may be entirely appropriate.
Ya know, its funny, Ive never opened a copy of the redbook. Ive owned 2, still have them, first year editions.
Ill have to grap a copy and see what all the talk is about.
I know they cover alot, but if everyone is saying this is a must, it must be one.
but then again what do I know. I read the red book, once.
but then again what do I know. I read the red book, once.>>
Im reading this book now.
Good call.
<< <i>
<< <i>Federal Half Dimes 1792-1837 by Logan & McCloskey >>
For a first book for a new collector??? Are you trying to scare him away??? >>
Recruiting.
1. The Red Book (A Guide Book of United States Coins, R.S. Yeoman, edited by Kenneth Bressett) --- the current edition or one from the last year or two. The new collector will see every type of U.S. coin ever minted in the federal series (including all of the modern quarters), plus bullion, commemoratives, and coin sets, plus an overview of colonial and early American tokens and coins, patterns, medals and tokens, errors, and more --- all in excellent full color photographs, with accurate specifications, mintages, and other details, in addition to historical narrative and valuations. There's no other single book that provides this.
and, after that:
2. The Expert's Guide to Collecting and Investing in Rare Coins, by Q. David Bowers. A veritable university course in the history and basic science of numismatics, in 600-plus pages of his engaging style. I can't sum it up better than this summary: "At 34 chapters and nearly 700 pages, it covers everything from grading to determining values to techniques of smart auction bidding. More than 1,300 photographs and illustrations, both black and white and in full-color galleries, complement the text, showing the people, places, and coins described. Bowers' engaging case studies, strategies, and insider tips make the book an invaluable 'how to' for today's marketplace. Chapters are devoted to copper, nickel, silver, and gold coins; dynamics of the coin market; fads, trends, cycles, and predictions; conserving and protecting your collection; how to be a smart seller; and more."
With those two books a new collector will be hooked into the world's greatest hobby.
How about America's Money, America's Story, A chronicle of American Numismatic History by Richardd Doty? I just finished it and thought it provided an outstanding overview of the U.S. monetary history without being overly technical.
Tough to pin point a single book, it is more a matter of not only the area of interest for the collector, but their level of awareness of various issues such as grading, doctored coins, altered,counterfeits etc. Also to be taken into consideration is the individuals ability to devote time to research. For some such magazines as COINage (currently with an artilce about fakes on Ebay) may be of great value to make a new collector to make them aware of pitfalls that all too often kills the new collectors interest. It also doesn't hurt to cut into the pool of people that the scam artist feed upon.
PCGS's Coin Grading and Counterfeit Dectection is a fairly decent book on some of these issues. Scott Traver's Coin Collector's Survial Guide also a good resource on doctored coins and such.
I'm looking at this more from the perspective of what tends to burn and turn off new collectors and kill their interest in the hobby.
relative to grading and to the series of coins they are interested in collecting.
That library plus the information gleaned from this Forum will allow the novice
to avoid most of numismatics mine fields.
Camelot
However, I'd recommend "In Yankee Doodle’s Pocket: The Myth, Magic and Politics of Money in Early America" by Will Nipper. I think this book is good at generating interest in coins as links to history...not just objects collected by geeks or investors only interested in precious metals.
The Beatles
The name is LEE!
so that they will not be preyed upon.
Camelot
K S
U.S. Type Set
<< <i>The book that has impressed me the most and resulted in literally months of enjoyment was Bowers "Silver and Trade Dollars - A Complete Encyclopedia". The huge 2 volume version - not the little condensed thingy. >>
Agreed but a little much for a new collector imho.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"