How to Store Coins : Coin Storage Solutions; How and Where to Keep Your Collection Safe
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- čas přidán 19. 12. 2019
- Welcome back to the American Numismatic Association channel! Rod Gillis, ANA Education Director, is here to guide you through the intricate world of coin storage. If you've been following our Video Vignettes, you've learned about collecting and purchasing coins. Today, we're diving into the essential topic of storing your precious collection.
There are two key aspects to consider: the physical storage method and the location where you'll keep your coins. Rod breaks down various storage options and offers invaluable tips to ensure your coins remain safe and secure.
Starting with physical storage, Rod explores inexpensive options like coin tubes and cardboard flips. While economical, these methods have their drawbacks, such as limited visibility and potential for coin damage. Moving up the ladder, albums provide a convenient way to display coins as sets, though they may only showcase one side at a time.
For enhanced protection, plastic holders and third-party grading services offer secure encasement and professional authentication, albeit at a higher cost. From basic to premium, the choice depends on your collection's value and presentation preferences.
Now, let's talk about where to store your coins. While many collectors opt for home storage, security concerns arise. Rod advises on safeguarding your collection by choosing inconspicuous hiding spots or investing in a sturdy safe, emphasizing flame retardant features for added protection against fire damage.
For those with high-value collections, a safety deposit box at a bank offers maximum security, albeit with limited access. Rod shares a crucial tip: opt for a box positioned higher in the bank's vault to minimize potential damage from cleaning chemicals.
Whether you store your coins at home or in a bank, the priority is ensuring their safety while maintaining accessibility for your enjoyment.
Join us in mastering the art of coin storage and embark on a journey of Happy Collecting with the American Numismatic Association! Don't forget to subscribe for more numismatic insights and tips.
These are professional videos for such low view counts, appreciate the work and effort
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A good and cheap way to store valuable is in a box of Tampax in the guest bedroom. I've also heard of a bullion seller that sprat painted a comex bar and used it as a door stop. Plain site can be good - anything but that sock drawer.
Dont forget, if you dont pay or theres an issue for gold/silver recall the bank can take or sell your coins and or bullion.
Personaly, i use carboard coin holders, and i keep it in the album. Its the most popular way to keep coins in my country. Also i use simple albums with pages . It's good too.
Keep creating videos, its so interesting to wach, extremely when you are new innumismatic.
The cardboard ones are also very similar to the 7" vinyl singles method of storing things but easier to print labels for. You can just flip through them reading the tops.
Thank you for the information , very useful and i really appreciate the effort .
Your information is vital...I'm a newbie...never thought about certain things...Thank You
Thanks for the good suggestions
Huge like my friend! Fabulous information and thank you so much for sharing!
Nice lay out, thankyou !!
Thanks for sharing
Very helpful for the newbie. Thanks.
Hi Rod, great video. A popular coin storage system in Europe is the ‘coin-capsule’ such as those made by ‘Lighthouse’, ‘Ultra’ or ‘’Leuchtturm’. Square or round, plastic capsules that come in two halves and just push-fit together. They come in various sizes (coin diameter), and are usually dimensioned in millimetres, or will list which coins they fit. These capsules can then be stored in boxes like the slabbed coins, or in trays.
I love that wooden storage box.
Very Informative, Bravo !
There used to be a product called “Cointain” . It was a neat way to store coins.
Thank you for the info 😊
great job
Great. Excellent.
wanderfull advice..Please can you tell how I can ofert or sell not expensive coin?
I've got a three-tiered system for storing my coins:
1) in cardboard holders and in albums/folders/binders. Also got a binder for the few slabs I have. Commemoratives, silvers, oddities, antiques (generally pre-1870s), fulfilled KM sets and such go here.
2) in cardboard holders and in a box designed for 2x2 holders and separated by country with a paper slip. Lustrous circulated coins, non-precious old coins (generally 100a or older), coins from dead countries (except the really big selections like the USSR), etc. go here
3) in ISO 9706 compliant copy paper envelopes or rolls of my own making and sealed externally with masking tape, sorted by KM code and separated by country in ziplock bags.
I amass coins by KM into envelopes and rolls (depending on count) until I have all years of that KM being minted represented. Then I pick the best for each year and put away the rest. Might make a common discard bag for those, and might make the rolls/envelopes active sets from which I continuously pick the best representative of a year and throw away the rest. Would make the box a lot lighter that way.
The nice thing about the Whitman or Littleton coin albums is they fit perfectly into a quart sized food saver bag and can be vacuumed sealed keeping all the air out
Are those the ones with the plastic?
i love this
What about storing Coin Boxes. Like $25 Box of Pennies from the back. Or Nickels or Quarter boxes?
Were can I get the cardboard" with the plastic" folders?
What is your opinion on plastic sleeves vs an open-air, velvet box for preservation?
Just remember, safety deposit boxes aren't insured by the FDIC. If you want insurance you must purchase it yourself. Also, who is to say the bank in hard times won't take your money and the contents of your box? It has happened in history people. Banks and/or the government will take your stuff in certain instances, simple as that.
Interested to know what people make of acad- and sulphur-free paper envelopes, such as Lindner, for their storage. My coin dealer recommends these, and I use them for all my most precious coins.
I use ISO 9706-compliant copy paper for my envelopes and rolls.
From the cover: "Specifies the requirements for permanent paper intended for documents given in terms of minimum strength measured by a tear test, minimum content of substance (such as calcium carbonate) that neutralize acid action measured by the alkali reserve, maximum content of easily oxidized material measured by the kappa number, maximum and minimum pH values of a cold water extract of the paper. Is applicable to unprinted papers. Is not applicable to boards."
This video and another video about coin storage were "recommended" to me by youtube today and BOTH videos either neglected or refused to mention the individual "air tight" capsules
Please explain why these convenient and durable coin protection devices are frowned upon by the "professional coin experts"
I stopped storing my coins in any kind of cardboard holders - they attract moisture
I have a 1943 S steel penny that the L in liberty is berly on the penny I need help in getting the value
good I like
I've got 2 19 22 corn dollar bills how do I go about it selling them
What is the ideal temperature range to store coins? How much does temperature affect coins?
if its too hot it will melt
Where to find such holders? (like the slabs) at minute 04:36
thanks
Are all 2by2 cardboard flips pvc free? Or only specific brands?
some older ones are pvc, try to get mylar ones
look at getting museum quality flips similar to what you use to ship coins to pcgs and ngc
Where to buy coins storer
I HAVE 1982 D LINKON ONE CENT 3.1 GRAM
What about clear plastic slips ?
As long as its not PVC
Bro are we related
What is the best way to clean and conservat the coins?
Martins Kikuts good question 👍👍👍
Why do you want to clean the coin? There are big propability that you will demage coin by cleaning it.
@@gintarasjusius497 i have in my colaction lot of hammered coins... in time they tend to turn bleck... becouse of silver octization... i herd thet best way is to clean them and conservat them... but question is how to do that whitout demaging them?
@@mrkirsis1559 Go to a professional. Best way to do it safely
if your coin has pvc ask different coin dealers there methods or ask them to help
A big issue with safety deposit box is if the government wants to do a teft of people's valuables one of the first places they'll go is to the banks
Or freeze your bank account during Financial crisis. If it not closed by that you can hold it anytime then. I recommend building a basement on your private land so you don’t have to pay fee for storage your coin.
@@kaboomwinn4026 exactly I don't trust banks especially Huntington bank they stole money from my account on 2 different occasions I got it back after the threat of court proceedings and since banks work hand and hand with the government makes it harder to trust them best bet on storing your wealth is in safe places somewhere on your property that only you know where it is
What should be addressed are issues such as humidity, temperature, moldy environments, proximity to coastal (salty air) regions, inside gun safes where solvent-soaked guns are kept and the like. This is largely a security/safety/catastrophe focused video rather than a preservation, appearance, value retention and surface stability one. PS...all coin flips are not created equal. And albums have more minuses than plusses, in my view.
I have a lot of key dates pennies I have a lot of 1964 I got a 1940 I got a 41 I got a 40 to 44 5257 wheat pennies I have a 43 or 44. I have a bunch of 1960 pennies in a 1970s I got all 1980 on the 1990s I’ll let the 2000 I don’t know how to say my coins but I will try to find some way to facts on my phone.
But can it beat goku?
i am a glir
Safety deposit box in the bank is the last place place to have your coins imo.
No Banks.
i toss them in the box
The main thing is safety , and I lost my bank notes worth the face value of 10000 inr.
i am 8/
Im from Brazil and all videos around here are nothing compared to yours ALL of them are sketchy or you would need to watch 5 videos to get the same amount of info plus all the sponsor etc
Absolutely don’t store your coins in a bank’s safety deposit box. Hundreds of videos on CZcams of people loosing their savings in those boxes.
America cantrre coin help u