Looking at a "coin world mag." and came by this...
bosco5041
Posts: 1,303 ✭
It was a book that Beth Deisher had written called "Cash in your coins". A book to put in your safe box or with your coins for your loved ones to read in case of your death so they won't get ripped off. It tells your loved ones how to sell the coins they have inherited and other things. I just wondered if anyone had purchased the book? It would seem like a smart thing to do for the cost is only $9.95. I know this is something that I think about more often because of my advancing years but I am not in the camp of selling my collection because I still enjoy collecting very much, my loved ones will be stuck with doing it.
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Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Don't die with your coins.
"Cash In Your Coins," by Beth Deisher
“More than a book, it’s a blessing.”
“Not like any coin book that has ever been written before.”
“Brilliant.”
“This book is excellent at foiling the predatory middleman who can, and often do, give our hobby’s dealers a bad name.”
“Beth Deisher’s book is like having an expert on speed dial to answer your questions.”
“Easy-to-read style that doesn’t get bogged down.”
“Priced at under $10, this is something that you should put with your collection or with your important papers for when it comes time to pass your collection on.”
<< <i>The best advice of all:
Don't die with your coins. >>
Yes, but you have to keep that crystal ball shined up.
<< <i>I'm going to do Newmans method. Live to 109 and sell at 102 >>
I like this solution better than the book.
<< <i>The best advice of all:
Don't die with your coins. >>
Actually, the best advise is
Don't sweat it. Take care of your dependant's future before you start spending money on a hobby. Then collect for yourself and don't worry about what your heirs do with your collection after you're through with it.
<< <i>
Actually, the best advise is
Don't sweat it. Take care of your dependant's future before you start spending money on a hobby. Then collect for yourself and don't worry about what your heirs do with your collection after you're through with it. >>
Isn't "worrying about what your heirs do with your collection" part of "taking care of their future"?
For example, you wouldn't want them to inherit your gold and silver collection worth $500,000
and unwittingly spend it for face value of $500, would you?
In a less extreme example, if you're interested in protecting your heirs, you wouldn't want them
to sell your $25,000 coin collection to a hotel-ballroom buyer for $1,000.
<< <i>
<< <i>
Actually, the best advise is
Don't sweat it. Take care of your dependant's future before you start spending money on a hobby. Then collect for yourself and don't worry about what your heirs do with your collection after you're through with it. >>
Isn't "worrying about what your heirs do with your collection" part of "taking care of their future"?
For example, you wouldn't want them to inherit your gold and silver collection worth $500,000
and unwittingly spend it for face value of $500, would you?
In a less extreme example, if you're interested in protecting your heirs, you wouldn't want them
to sell your $25,000 coin collection to a hotel-ballroom buyer for $1,000. >>
I honestly couldn't care less. Once I'm done with it they can melt it down into silver ashtrays if they so wish. I didn't put the collection together for their benefits--I put it together for mine--once again, AFTER securing their financial future.
<< <i>I'm curious about one thing. Does anybody have any insight on Beth Deisher's numismatics background? >>
Beth Deisher for 27 years was editor of Coin World, the world’s largest and most widely circulated news weekly
specializing in coverage of collectible coins, medals, paper money, exonumia, and any item once used as money. She
joined the Coin World staff in 1981 as news editor and also served as executive editor before being tapped to
lead the editorial team in 1985.
A graduate of the University of North Carolina at Greensboro, Deisher began her career as a feature writer,
communications specialist, and newspaper journalist before joining Coin World. She was founding editor
of three numismatic magazines—Coin Values, Paper Money Values, and WorldWide Coins—and
primary author of Making the Grade: A Comprehensive Grading Guide to U.S. Coins. She supervised updates
of five editions of the Coin World Almanac, and was founding editor of Coin World’s Guide to U.S. Coins,
Prices & Value Trends.
Deisher is a Fellow of the American Numismatic Society and holds memberships in many state, regional, and national
numismatic organizations, including the American Numismatic Association. She is the recipient of numerous awards
for her work within the hobby community. In August 2013 she was inducted into the ANA Numismatic Hall of Fame.
Outside of numismatics, Deisher has provided leadership in professional organizations including as president of Ohio
Professional Writers. In 40-plus years as a member of the National Federation of Press Women she has been recognized
three times on the national level as a Communicator of Achievement. She is also a 42-year member of the Society of
Professional Journalists.
<< <i>I'm going to do Newmans method. Live to 109 and sell at 102 >>
Starting the sell-off next year?
<< <i>It was a book that Beth Deisher had written called "Cash in your coins". A book to put in your safe box or with your coins for your loved ones to read in case of your death so they won't get ripped off. It tells your loved ones how to sell the coins they have inherited and other things. >>
why not just write a note?
<< <i>
<< <i>It was a book that Beth Deisher had written called "Cash in your coins". A book to put in your safe box or with your coins for your loved ones to read in case of your death so they won't get ripped off. It tells your loved ones how to sell the coins they have inherited and other things. >>
why not just write a note? >>
A note is a good idea in addition to the book. It should be worth $10 if it has any info at all worth reading.
“Can You Answer This Question?” - Preparing to Look at Your Coins - The Basics of Coin Identification -
The Adventure Begins - Identifying U.S. Coins - Uncirculated and Proof Sets - Identifying U.S. Paper Money -
If It’s Not a U.S. Coin - Creating an Inventory - Determining Value - Independent Appraisals - Talking the Talk -
Finding a Buyer.
Also: Bullion value charts for silver and gold coins - Recommended reading - A convenient index. With:
Hundreds of full-color images - Real-world examples - Step-by-step instructions - Expert advice from one of coin
collecting’s most trusted authorities.
From the Whitman Publishing press release:
Deisher wrote Cash In Your Coins to inform and protect the hundreds of thousands
of Americans who already collect coins, and those who will someday inherit their collections.
Coin collecting is a popular national pastime, recently invigorated by the U.S. Mint’s State
quarter program. (Today the Mint regularly sends its catalogs to more than 600,000 active
collectors.) The hobby’s popularity is not new: Whitman Publishing has sold more than
23 million copies of its annual Guide Book of United States Coins (the “Red Book”)
since 1946.
Valuable coins might be archived in safe-deposit boxes; they could be tucked away in
Grandpa’s cigar box. They might compose a carefully arranged collection—or sit jumbled
in a disorganized hoard. Cash In Your Coins answers questions that inheritors
often ask: “How rare are these coins? What are they worth? Should we sell? Where
would we even begin?”
Author Beth Deisher is an award-winning journalist and retired editor of Coin World,
the premier news weekly for collectors. For more than 30 years she has answered the
questions above. Now, in Cash In Your Coins, she guides readers through the process
of making sense of their coins, and making smart decisions when they sell.
Q. David Bowers (research editor of the Red Book) says, “With Beth Deisher’s guidance
you’ll avoid costly mistakes and make decisions about your coins with more confidence.”
In addition to giving confidence to tomorrow’s inheritors, Cash In Your Coins gives
comfort to today’s collectors. They can keep a copy of the book alongside their collection,
knowing it will be there to give their heirs profitable knowledge and advice.