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How Do You Store Your Silver Bars?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 5,310Next Topic Page 2 of 2
Pillar of the Community
United States
1151 Posts
 Posted 12/31/2011  11:01 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list
Nice proof finish!
Valued Member
United States
272 Posts
 Posted 12/31/2011  11:24 pm  Show Profile   Bookmark this reply Add OldGold to your friends list
I know from a buyers stand point, I would much rather have it still in the plastic.
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United States
4008 Posts
 Posted 01/02/2012  7:04 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list
I agree with the "keep it wrapped" comments. Do not take it out of the plastic unless the plastic is significantly damaged and looks bad.

Pillar of the Community
1283 Posts
 Posted 01/02/2012  7:19 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list
Stack them they are only bullion. When it comes to selling the dealers will not give a crap if they are wrapped or not. The only thing that really makes a difference and most of the time it doesn't either is if it a name brand bar. Engelhards and JM sell for a small premium around here. I love the stackable bars because they stack so nicely, Scottsdale makes a nice Stacker.
Bedrock of the Community
Australia
21788 Posts
 Posted 01/02/2012  7:20 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
Now comes the next question....... How do you protect the plastic?

I note that rectanglar plastic cases can shatter, crack, and craze when stressed.
Pillar of the Community
United States
667 Posts
 Posted 01/02/2012  7:49 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list
I just keep them all in mtm case guard dry boxes.
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Canada
981 Posts
 Posted 01/02/2012  8:15 pm  Show Profile   Bookmark this reply Add elkslayer132 to your friends list
I always keep mine in the plastic.
Valued Member
United States
362 Posts
 Posted 01/02/2012  8:51 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list
Silver, unlike gold, can tarnish fairly easily with contact from air or the oil on your skin. The value of tarnished silver technically doesn't mean anything, but keeping is clean and lustrious always helps.

But sometimes, it can be "beneficial". I know Morgans can tone in a way that makes them more desirable for some people.
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United States
12848 Posts
 Posted 01/02/2012  11:54 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I like your 10 oz / quarter resolution. :)

I've been continuing to buy as Ag drops...gotta come back up some time, right?

And as for storage, why not keep them in the plastic? Doesn't take up all that much more room.
Valued Member
United States
333 Posts
 Posted 01/03/2012  12:21 am  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list
Partition your living room with them.
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United States
4008 Posts
 Posted 01/03/2012  6:25 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
When it comes to selling the dealers will not give a crap if they are wrapped or not.

No, dealers won't, but an individual collector very well might. A silver bar that is clean, bright, and in great shape often will be more attractive to an individual buyer. Not that it will be worth a lot extra but it might be the kind of thing that swings a sale rather than not or makes for a trade where a bar of lesser good looks might not. Yes, some of us DO collect shiny things that look nice!
Pillar of the Community
United States
9796 Posts
 Posted 01/03/2012  9:57 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
For 100 ounce bars I paint mine red and use them as bricks as I'm building a spare room to store all my gold bars in (not)!

//joking of course.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Pillar of the Community
United States
4008 Posts
 Posted 01/04/2012  7:02 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list
Lol, Westie... sounds as if you want to build a "money bin".
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United States
830 Posts
 Posted 01/05/2012  3:01 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list
Plastic is good unless you have a fire and it melts/burns.
Valued Member
United States
89 Posts
 Posted 01/09/2012  7:41 pm  Show Profile   Bookmark this reply Add MikeBrax to your friends list
I would keep it wrapped get a small safe to keep em in
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