Author Kevin Flynn submitted more information about his new free e-book, Appraising Your Coin Collection. Thanks.
The ebook, Appraising Your Coin Collection by Kevin Flynn is now available for free online and can be downloaded or viewed. It is 6*9 and 100 pages. The ebook is being hosted by CoinZip.com.
The book stresses the importance of learning the value of your coin collection, especially if you are intending to sell or leaving it as part of your estate. It explains what to expect if you have your coins appraised by someone else and what you should do before and during the appraisal. If appraising yourself, it shows you how to organize, conquer and divide, and what to search for when viewing your coins.
It is very important to separate out those coins that are valuable, and obtain the maximum amount of profit for your collection. If you do not, you might be giving away thousands of dollars to someone else. The book also dives into different avenues to sell your collection, and also the possible tax liabilities if you have a gain. Suggestions are provided on how to test selling a small number of coins to find the optimal way to sell.
As an example of having your coins appraised for an estate, if you collected your entire life and paid $5,000 for your coins. If you sell them for $50,000 right before you die, then you will be required to pay capital gains on $45,000. If you leave your coins as part of your estate and have them appraised at $50,000, if your heir sells them for $55,000, then they are only required to pay $5,000 in capital gains.
The second half of the book goes into most of the primary series that you will see coins that are inherited and presents the rare dates and die varieties that you should search for in each of these series. For example, in the Mercury dimes, the rare dates include the 1916-D, 1921, and 1921-D, 1926-S, and 1945 in Full Band. The main die varieties include the 1942/1 and 1942/1-D overdates, 1941-D doubled die obverse, 1945-D/Horizontal D, and 1945-S/Horizontal S. Knowing which rare dates and die varieties have the greatest value will help when treasure hunting through your coins.
The book can be viewed at:
http://www.coinzip.com/appraising-your-coin-collection.php. To download the entire book, scroll to the bottom of the book, hovering your mouse over the bottom right, symbols will appear, click on the symbol that looks like a disk.
Wayne Homren, Editor
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