Coin Collecting for Profit

A collectible coin is not automatically a good resale purchase. Coin Collecting for Profit helps you test a proposed buy before you bid: define the exact issue, check grade and authenticity evidence, study completed sales, count premiums and shipping, and set a maximum price you can defend.

Worked examples follow a coin through break-even, a weaker sale, and the final cash result. Use the purchase-to-sale sheet to make a deliberate offer—or walk away when the evidence or margin is too thin.

• Define the issue, grade, and authenticity evidence a proposed purchase would need.
• Work backward from completed sales through premiums, shipping, and selling fees to a defensible maximum bid.
• Follow worked transactions through break-even, a weaker exit, and the money left after every cost.

Know your number before the auction clock starts.

See what is inside

The revised edition covers these chapters and reader resources:

• Chapter 1. Define Profit Before Shopping
• Chapter 2. Choose a Narrow Market
• Chapter 3. Authenticate and Grade Before Bidding
• Chapter 4. Count the All-In Buy Price
• Chapter 5. Estimate an Exit
• Chapter 6. Calculate Break-Even and Downside
• Chapter 7. Set a Maximum Bid
• Chapter 8. Protect and Record the Holding
• Chapter 9. Execute a Sale and Learn From It
• Chapter 10. Decide Whether to Repeat
• Chapter 11. Build a Study File Before Spending
• Chapter 12. Compare the Actual Surfaces, Not Just the Grade
• Chapter 13. Audit a Sold-Results Sample
• Chapter 14. Translate Nonlinear Charges Into a Bid Ceiling
• Chapter 15. Price a Raw-Coin Service Decision
• Chapter 16. Test a Group Lot Without Hiding the Weak Pieces
• Chapter 17. Match the Holding Period to Available Cash
• Chapter 18. Pay for Research Deliberately
• Chapter 19. Read Dealer Quotes as Conditional Evidence
• Chapter 20. Handle a Purchase That Fails Inspection
• Chapter 21. Complete Purchase Case: The Attractive Lot to Pass
• Chapter 22. Complete Purchase Case: A Trade That Settles
• Chapter 23. Reconcile Sold and Unsold Positions Together
• Chapter 24. Rehearse the Decision Before Bidding
• Chapter 25. Review the Method and Stop With a Usable Record
• Working Sheet and References