For Overton #s You'll need to get either Donald L. Parsleys book , "United States Early Half dollar Varieties 1794-1936 . Or Petersons book . My Parsley book was $80 and has paid for itself in time already . Just a couple cherry picks . Oh and get an older 3rd Edition or wait for the 5th . The 4th doesn't have the best pics .
Yes, I'd go for that one!(as I personally prefer Overton over the Peterson book, of which the name currently escapes me) You'd be hard pressed to find one for cheaper than that!
Also Josh you need to realize that you are not going to learn everything from a single book, you will need many of them. And while books are a necessity, they are still only the beginning of an education
These books are a MUST HAVE if you plan to buy and sell coins at the maximum profit. I recently found a rare New Jersey colonial that sold for $9,000. Without the references I would not have known that it was a very rare die pairing.
Yes, this is one of the reasons CT exists. But, the members also need to do their part to gain knowledge. I have learned a lot from being a member here...but I have also learned a lot from my book case full of reference books. You can't be successful in this hobby without good references.
Another you should have is Breens Encyclopedia . Are you planning on specializing or to have something for everyone , which I'd imagine is quite tough for a new dealer as money is an issue .
Buy the books, buy the books, buy the books. A million times over buy the books. Without the books your dealing hinges on buying low and selling high. With the books you are selling your knowledge and able to expand your business model beyond just buying low and selling high. Now you are able to utilize the gained knowledge to cherry pick, and almost any time you cherry pick its a profit. Its kind of the definition of cherry-picking.
Reminds me of something we used to say (write) around here all the time. I haven't seen it in a spell so I'll repeat what was always said to me........ "Buy the book before the coin." (Actually, BooksB4coins comes real close in his avatar. )
I still think "try to check out the book at your local library, then photocopy it at work when no one is looking, then buy the coin." is better.
If you can.......however, some of these specialized texts don't reside at the library.......'least not mine.
Josh, I wouldn't start dealing old copper coins if you don't know anything about them. I am not a dealer, just a collector, but guess what, I have like 3 copper coins in my collection, because I really don't have any experience with this type of coins. Why not start with coins you're more familiar with and specialize first in an area you feel more comfortable?
Aaron Feldman said it. https://www.google.com/url?q=https://groups.google.com/forum/m/#!topic/rec.collecting.coins/S8Oxfydf_H0&sa=U&ei=5ZHVU4W1HbLMsQSQs4KYCA&ved=0CBMQFjAB&sig2=1dmv2UsdMi3pkLkJGkek7A&usg=AFQjCNEBYX_iQk-cqtrNQOnzeKw7dA0wVg
The ultimate goal is to have something for everyone. The first step in doing that is having the knowledge to do so. Can I find most if not all of these books in the ANA Library?
Having the resources to do the job is something you will need on hand...always. It's just like any other profession...you need access to your resources. Even if you could borrow them from a library, you wouldn't always have them and you can never remember every detail. If this is something you seriously want to do (be a professional dealer)...you will need to acquire copies of these books for yourself. You don't have to do it all at once...but you will need to do so. You don't need them to sell everyday coins...but to truly make the money by dealing in varieties and have the knowledge to be a resource to your customer base...you do. That is what a true professional dealer does. It takes an investment to become that...both an investment of money and time/dedication.