Beth Deisher teaches families how to win “The Widow Game”
Have your ever wondered what you would do when suddenly you came across an entire coin collection or even just a few coins from a family member. We have all been is those discussions about the subject.
Now, “Cash In Your Coins: Selling the Rare Coins You’ve Inherited” by Beth Deisher has been released in a new third edition by Whitman Publishing.
In 2012 Beth Deisher retired as Coin World’s editor. She left that post with decades of real-world experience answering questions asked not only by collectors, but also by the spouses and children who inherited their coin collections. Beth brought the perfect mix of talent and expert knowledge to a new full-length book idea. “The premise is if you don’t know what you have, and you don’t know its value, then you’re at a disadvantage when it comes to selling,” she said. “My book’s purpose is to help readers approach selling with confidence.”
The 304-page volume is available online and in bookstores and hobby shops nationwide.
Here, Whitman publisher Dennis Tucker written for Coin World, recalls how the book came to be. Beth Deisher’s groundbreaking Cash In Your Coins was first published in June 2013. Before that, occasional articles and columns and a few books gave guidance to inheritors finding themselves in possession of a rare-coin collection. David L. Ganz and Q. David Bowers (each a past president of the American Numismatic Association) have written on the subject. The 90-page Rare Coin Estate Handbook (Halperin, Ivy, and Rohan, 2000) focused on estate-planning for active collectors. In 2010 professional numismatist Jeff Ambio wrote What to Do With Granddaddy’s Coins.
Dennis’s insight goes on to say:
“Collectors’ widows, children, and other heirs are one obvious audience for Cash In Your Coins. But equally I feel it’s a book for collectors themselves—not necessarily to learn about the latest VAMs or American Silver Eagle sets, but to keep in the safe-deposit box along with their collections. It’s peace of mind for them, knowing that Beth Deisher will guide their families when the time comes. “The widow game” is how one dealer referred to the treatment dished out by unscrupulous hotel-ballroom buyers and other fleece artists. Beth has given the widows a way to fight back!
I’ve also heard from longtime dealers and collectors who like having a single resource that explains capital gains, insurance, declarations of value in an estate inventory, the effects of recent legislation, etc. Two examples: the new tax rates and thresholds that affect collectors, set by the American Taxpayer Relief Act of 2012; and the 3.8% tax that goes into effect December 31 of this year. Not surprisingly, many collectors aren’t up to date on this kind of legislation. Beth explains it all with the skill and clarity of a longtime journalist.”
Source: Beth Deisher teaches families how to win “The Widow Game” | Coin Update
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