Whitman Publishing announces the release of the second edition of Pleasure and Profit: 100 Lessons for Building and Selling a Collection of Rare Coins, by Robert W. Shippee. The 328-page book will debut at the Whitman Coin and Collectibles Baltimore Expo, February 28, 2019. After that, it can be ordered from booksellers and hobby shops nationwide, and online (including at Whitman.com), for $19.95 retail.
In Pleasure and Profit, longtime collector Robert Shippee reveals how he carefully assembled a meaningful collection of rare coins. His Waccabuc Collection of half cents through $20 gold double eagles sold at public auction for a profitable $1.5 million. Pleasure and Profit gathers the lessons he learned from buying and selling each of the nearly 150 coins.
Shippee provides real-world advice on coin collecting acquisition strategies, storage choices, and disposition options, in addition to commentary on auction firms, third-party grading services, famous dealers, numismatic personalities, market forces, and–with unflinching honesty–his laid-bare financial results.
“Pleasure and Profit is one of Whitman’s most talked-about books on collecting and investing in U.S. coins,” said publisher Dennis Tucker. “Many hobbyists have told me, ‘I wish I’d had a guide like this when I started collecting.’”
The first edition earned the “Best Specialized Book on Numismatic Investments” award from the Numismatic Literary Guild (NLG).
In the second edition, Shippee updates the market reports on nearly all of the coins in his case-study collection. He expands his discussion of rare-coin indexes and his comparison of coins vs. the stock market. And he makes a new analysis of his coins by denomination, tracking where they would be, value-wise, a decade-plus after their sale.
“With greater knowledge comes greater confidence as a collector,” Shippee says. “My hope is you can learn from my successes—and just as much from my mistakes.”
Q. David Bowers, past president of the Professional Numismatists Guild (PNG), calls Pleasure and Profit “one of the most useful books in American numismatics.”
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Pleasure and Profit: 100 Lessons for Building and Selling a Collection of Rare Coins, 2nd edition
By Robert W. Shippee; foreword by Q. David Bowers
Softcover, 328 pages, full color
Retail $19.95 U.S.
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About Whitman Publishing
Whitman Publishing is the world’s leading producer of numismatic reference books, supplies, and products to display and store coins and paper money. The company’s high-quality books educate readers in the rich, colorful history of American and world coinage and currency, and teach how to build great a collection. Archival-quality Whitman folders, albums, cases, and other holders keep collectibles safe and allow them to be shown off to friends and family.
Whitman Publishing is the Official Supplier of the American Numismatic Association (ANA). As a benefit of membership in the ANA, members can borrow the Guide Book of Lincoln Cents (and other Whitman books) for free from the Association’s library, and also receive 10% off all Whitman purchases.