In this updated second edition of his award-winning guide Pleasure and Profit, Robert W. Shippee shares the real-world lessons behind building his celebrated Waccabuc Collection—an expertly curated set of half cents through $20 gold double eagles that ultimately realized $1.5 million at public auction.

Widely praised as one of the most practical books on collecting and investing in U.S. coins, Pleasure and Profit: 100 Lessons for Building and Selling a Collection of Rare Coins combines personal experience with market insight. Shippee updates performance data on his case-study coins, expands his analysis of rare-coin indexes and stock market comparisons, and revisits the long-term value trends of his collection more than a decade after its sale.

Candid about both his successes and costly mistakes, Shippee provides collectors with actionable guidance, confidence-building strategies, and a framework for making informed decisions.

Winner, 2015/2019 Award Best Specialized Book on Numismatic Investments (Numismatic Literary Guild)