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Pleasure & Profit: 100 Lessons for Building and Selling a Coin Collection Paperback – 6 Jan 2015


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Product details

  • Paperback: 316 pages
  • Publisher: Whitman Publishing (6 Jan. 2015)
  • Language: English
  • ISBN-10: 0794842437
  • ISBN-13: 978-0794842437
  • Product Dimensions: 1.9 x 15.2 x 22.9 cm

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Amazon.com: 12 reviews
4 of 4 people found the following review helpful
Unique coin-collecting advice from an experienced hobbyist and investor. 25 Feb. 2015
By Dentuck - Published on Amazon.com
Format: Paperback
Call me biased! After all, I’m the publisher at Whitman Publishing, and I watched this book grow from a strong early-draft manuscript into the nicely finished 320 pages that you see before you. But even with that bias, I like to think I know a good book when I see it. I’ve read hundreds of numismatic guidebooks, references, encyclopedias, and catalogs over the course of my career. Not just browsed them, not just looked at their pretty pictures, but actually READ them, word for word, from the title page to the index. Robert Shippee’s “Pleasure and Profit” is a gem—the kind of book that longtime coin collectors read and say, “I wish I’d had a guide like this when I started collecting.”

Don’t just take my word for it. Steve Bishop, in the December 7, 2014, issue of “The E-Sylum” (online journal of the Numismatic Bibliomania Society) observes, “While most books on coin investing provide general advice applicable to rare coins in general, this one stands out by tailoring the lessons to specific coins, although many of the lessons may be generally applied.” He calls it “a worthy supplement” to Q. David Bowers’s “Expert’s Guide to Collecting and Investing in Rare Coins.”

Leonard Augsburger in the February 2015 issue of “The E-Gobrecht” (newsletter of the Liberty Seated Collectors Club) praises Shippee for being “brutally honest about both mistakes and successes,” calling this approach “refreshing as a collector’s view of the market.” Further along those lines, Augsburger says, “Let’s face it, most so-called ‘market information’ comes straight from dealers, who are incentivized to create any action at all, either on the buy or sell side.” Discussing one of Shippee’s lessons, Augsburger observes: “The book is full of such advice, and somehow it becomes more visceral when we are talking about actual coins bought and sold. One can pontificate on the overall market direction, but you make or lose money on individual coins, and this book analyzes over a hundred such deals.”

David Luftig in “The E-Sylum” (November 30, 2014), calls it, “All in all a very enjoyable clearly written book, which gives good advice to collectors at all levels.”

Will “Pleasure and Profit” (and its 100-plus lessons) save you from making any mistakes at all? No, and no book will; mistakes are part of the learning process as you become a seasoned coin collector. But by sharing 20-plus years of active experience and observation of the hobby and the markets, Bob Shippee will definitely make you a better, wiser collector and investor. As Q. David Bowers says in the book’s foreword, “If you collect rare coins, this is a Grand Tour you don’t want to miss.”
3 of 3 people found the following review helpful
I'm glad I bought this book! 25 Feb. 2015
By Virginia Nottelmann - Published on Amazon.com
Format: Paperback
An informative work that highlights the different series of United States coins.

The lessons are backed up by real world experiences making them useful and relevant. The suggestions are offered from a collector's point of view and will be useful to numismatists both new and old as they build their own collections.

A nice reference work if your interests span several types of coins. The book delves into each different series without getting bogged down in any of them. A terrific read, Robert Shippee has a nice, easy-to-read style that is suitable for all ages.
2 of 2 people found the following review helpful
as a comfortable way for a novice collector to avoid pitfalls as ... 27 Feb. 2015
By Neil Sweeny - Published on Amazon.com
Format: Paperback
Having expressed some interest in exploring the world of numismatics, I was given this newly published book by my wife for Christmas. It was billed by friends more knowledgeable than I, as a comfortable way for a novice collector to avoid pitfalls as they venture into the field. Whether that ultimately proves to be true for me, remains to be seen, however the read was an enjoyable one providing likely valuable insight into what to avoid as well as strategies for success.

The book is built upon 100 lessons that the author has gleaned over the course of collecting his type set collection “The Waccabuc Collection”. I found the book to be highly readable, interspersed with personal anecdotes and vivid description obviously written by a collector who caught “the bug” early on. Mr. Shippee ultimately was able to develop his childhood interest in “penny” collecting, into a highly technical hobby, providing much personal enjoyment and (as a sidelight) financial gain.

I highly recommend the book to anyone looking to develop a greater insight into this intriguing hobby!
2 of 2 people found the following review helpful
he takes great pains to describe how the coin performed at auction ... 25 Feb. 2015
By Deborah Matz - Published on Amazon.com
Format: Paperback
Robert Shippee’s new book on his coin collection, and its eventual sale at auction, is unique. I found the book not only highly readable (really, almost a memoir) but remarkable for its transparency. Not only does the author authoritatively speak to each coin, he takes great pains to describe how the coin performed at auction – complete with prices and his ROI per coin showing winners and losers. The lessons learned will be of immediate value to anyone seriously interested in collecting.
2 of 2 people found the following review helpful
A :Passionate Tale 25 Feb. 2015
By Nomadmom - Published on Amazon.com
Format: Paperback
Here's what you get: a former investment banker who knows investing, plus a warm and witty writing style, and a real inside look at the world of bigtime coin investing. Can any other numismatist give you all that? The advice is sound, and the personal stories are superb. Hobbies inspire passion. Some hobbyist books ignore that. Not this one.
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