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One Coin is Never Enough: Why and How We Collect Paperback – October 13, 2011

4.4 out of 5 stars 7 customer reviews

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Editorial Reviews

About the Author

Michael Shutty, Ph.D., is a clinical psychologist and assistant professor at James Madison University. He has published more than 40 research studies on a variety of clinical topis in peer-reviewed journals.

An avid coin collector, Shutty admits to being "addicted, genetically motivated and obsessive" about the hobby. His primary collecting interest is Early American coppers, Morgan dollars and Spanish colonial cobs.

A resident of Middlebrook, Va., he has articles on collecting published in The Numismatist and Numismatic News.

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Product Details

  • Paperback: 256 pages
  • Publisher: Krause Publications (October 13, 2011)
  • Language: English
  • ISBN-10: 1440217017
  • ISBN-13: 978-1440217012
  • Product Dimensions: 7 x 0.8 x 10 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #1,886,140 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Thomas T. Verga on March 21, 2012
Format: Paperback Verified Purchase
Let me make a disclaimer right off the bat. I have known Mike for about three years. I am not a coin collector but I have invested in coins for financial gain about 25 years ago. I did pay full price for my copy and I did ask Mike to autograph it for me.

This book covers three areas:
1) Mike's autobiography, It describes how he began collecting coins when he was a youngster in Japan.
2) How an interested neophyte might begin to collect coins, He describes a step by step approach that a beginner might use in order to save themselves from wasting time money and effort.
3) The mind set of coin collectors. Why they do it what is it that drives them to collect.

Mike intersperses these areas to move the book along and weaves the autobiographical with the beginning and the psychological together to give a sense of continuity.

The book opens up with Mike describing how he came to purchase a chain cent and the thought sand emotions that he felt when he was able to find one in what he felt was acceptable condition at a reasonable price. Later on in the book he describes how he began to collect coins when he found some nickels in his mother's winnings from a slot machine in Japan. He was intrigued by the differences in these coins and that sparked his interest in the whole area of coin collecting.

Attached to each chapter is a section titled "Getting started." In these Mike offers suggestions for the beginner. These include focusing on one particular era, or type of coin, Year of minting, or even one particular mint. He even suggests some ideas for collecting foreign coins based on a personal interest or connection you might have to that country. I believe that his suggestions are well thought out and explained.
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Format: Paperback Verified Purchase
I love books about coins! I have been a collector for over 30 years and never knew why until I read this book. It makes some interesting observations about "collectors" and some of them are spot on in my case. Gets a little deep at times but if you want to know who you are and why you collect, read it Or,...... take that money and buy an old coin.
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Format: Paperback Verified Purchase
I recall being a young boy and happening upon a sturdy metal box in the attic of our old home. The heft of the thing seemed tremendous, and the contents were alluring. Coins...silver dollars dressed in the visage of Lady Liberty with a date that preceded my birth by decades were layered throughout the treasure trove and commanded my attention like few objects that I had ever seen up to that point in my life. The act of simply holding them, and admiring the details was intoxicating. For those of us who collect coins this feeling rarely extinguishes.

One of anything is rarely enough. Once you learn about the nature of what else is out there the natural tendency is to then compare and contrast your "one thing" versus the rest of "everything else". Coins are no different, and perhaps hold the tightest grip on the collective psyche of many a collector. Shutty's book is an excellent look at the "why" of coin collecting, more so than the "what" to collect. So many guides will outline the series or the value of a coin, but this book successfully attempts to place the act of collecting into the human context. Are you looking for a return on investment? Or does an object hold some special power over your imagination due to the minds eye as it attempts to conceive of where the coin has been, how it was used, or who has possessed it? If you have ever wondered, "Hey, why do I do this" in regards to your habit of stock piling coins, then I recommend checking out this examination pointed straight at the heart of the collector.
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Format: Kindle Edition
I found this book very interesting. As a collector, this book covers just about every aspect of the pursuit that has ever crossed my mind. The author knows the subject well, both as a collector and a clinician, and cites many important hobby sources as well as pertinent clinical and social scientific scources. The extensive bibliogrphy attests to that. The only -very minor- rap I would have is that it sometimes got a bit too clinically wordy, especially for the average joe collector. I could imagine some collectors with less developed vocabularies simply skipping over certain paragraphs. Nevertheless, an awesome book that I highly recommend to the coin collecting community. I've not seen the hard copy but I don't beleive anything is lost on the Kindle version, interms of photos, graphic, etc.
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