Whitman Publishing is releasing a larger, updated new edition of Beth Deisher’s Cash In Your Coins: Selling the Rare Coins You’ve Inherited. The 336-page fourth edition will debut in October 2020. It will be available online (including at Whitman.com) and from booksellers and hobby shops nationwide for $19.95.
Cash In Your Coins tells readers who have inherited a numismatic collection how rare their coins are, how to value them, and how to sell or donate if they decide to liquidate all or part of an estate. Author Beth Deisher, an award-winning journalist and retired editor of Coin World, draws on more than 35 years of experience helping people understand and collect coins, paper currency, medals, and tokens.
“I wrote Cash In Your Coins to inform and protect the millions of Americans who already collect coins, and those who will someday inherit their collections,” Deisher said.
The revised fourth edition of Cash In Your Coins has 32 more pages than the third edition. New features include an in-depth illustrated chapter on the increasingly deceptive counterfeit coins emerging from China. This is an area of expertise for Deisher. After retiring from Coin World she served as director of anti-counterfeiting for the Anti-Counterfeiting Educational Foundation. The advice she shares is valuable for anyone unfamiliar with coins—and even for longtime hobbyists. This eye-opening chapter will help collectors’ heirs identify risks and avoid mistakes.
To help family members navigate the often-confusing world of inheritance, Deisher has updated the sections on state and federal taxes, trades, and exchanges. Current information is crucial in making wise decisions in declaring values, organizing tax-exempt charitable donations, figuring capital gains and losses, establishing trusts, reporting transactions, and similar activities. Many numismatists who have collected for decades are unfamiliar with the ins and outs of these topics. The chapters on appraisals and taxes should be read by hobbyists and their heirs alike.
Other guidance covers how to create an inventory, manage an independent appraisal, find a trustworthy coin dealer, communicate with potential buyers, and fairly divide a numismatic estate.
The book includes photographs and specifications of every U.S. coin type, including modern issues of the United States Mint; a bibliography for further research; and expanded bullion-value charts.
Whitman publisher Dennis Tucker said, “Since the beginning of 2020 we’ve seen evidence that more and more Americans are turning to popular classic hobbies like coin collecting. Demand for guide books and coin albums has increased. It’s important for collectors to have a copy of Cash In Your Coins in their bank box or safe so their heirs can appreciate and benefit from their years of wise collecting.”