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How Do You Store Your Coins?

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 Posted 05/18/2008  9:36 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
How did PVC come to be used for coin storage in the first place? I often wondered about that.
PVC is not a bad thing. If you have a newer home, chances are all of your plumbing is PVC. Plasticizers are what give PVC a bad name. They are added to the PVC to soften it up; without them, the PVC would either scratch the coins or crack from being so brittle. Platicizers are what give the PVC flips that greasy feel and rainbow sheen.
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 Posted 05/18/2008  10:10 pm  Show Profile   Bookmark this reply Add fasteddie to your friends list
Well then if PVC causes damage to coins why is it still used?
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 Posted 05/18/2008  10:25 pm  Show Profile   Bookmark this reply Add fasteddie to your friends list
YES I think that is right atmosphere is most important..I have even read somewhere, I think in one of Scott Traver's books that he would not buy any coins from dealers in Florida due to the humidity there.

A dehumidifier sounds good...can anyone recommend a good one that might take care of a closet 5' X 5' X 8'?


Quote:
with a desiccant pack


Also who is a good supplier of these as I would need many of them I have more than 300 proof sets and @ 500 or so coins
Edited by fasteddie
05/18/2008 10:31 pm
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 Posted 05/18/2008  10:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Well then if PVC causes damage to coins why is it still used?
As far as I know flips are no longer made with PVC, because without the plasticizers they would be way too stiff to be practical. I am not sure what flips are made of now (I do not use them), but plastics have come a long way since the soft PVC was shown to be bad.
Edited by jbuck
05/18/2008 10:34 pm
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 Posted 05/18/2008  10:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
A dehumidifier sounds good...can anyone recommend a good one that might take care of a closet 5' X 5' X 8'?
If your house is air-conditioned, then adding a dehumidifier may be unnecessary. If this closet it in an unconditioned space, then a dehumidifier may help as long as the temperatures do not get extreme. A dehumidifier will also need to be emptied regularly, or you will want to run a drain line to it.
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 Posted 05/20/2008  10:19 am  Show Profile   Bookmark this reply Add photoeric21 to your friends list
I was sort of thrown into the world of coin and currency collecting so I needed a safe storage system, and I needed one quick.

I picked up a Honeywell fireproof/waterproof safe.

https://www.honeywellsafes.com/site...product_id=8

The safe is in a closet and it's bolted through the floor with 4 inch lag bolts, so it's not going anywhere.

The main thing I wanted was fire protection and water protection. I almost bought one of their fireproof (but not waterproof) models, but 3 summers ago my roof spring a leak and I had 4 inches of water in my living room (I was on vacation).

I paid a premium for the safe, but the coins I have are worth far more both in actual value and in sentimental value.
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 Posted 05/20/2008  10:37 am  Show Profile   Bookmark this reply Add FHDave to your friends list
One of the most cost effective storage units to use for coins is to use a gun safe. There are many varieties available, from low cost, low security, to top end fire/water protection safes. I find the cost of gun safes to be much lower than buying one of the safes available specifically for home, small office use.

Most of these gun safes will need you to add your own shelves to them to maximize their use, but if you are moderately handy with power tools, this is easy to do. Add a dessicant pack or two (depending on size of safe and humidity in your area) and you have a nice secure storage unit. Most gun safes can be bolted to the floor for additional security.
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 Posted 05/20/2008  10:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I picked up a Honeywell fireproof/waterproof safe.
Nice safe!

You probably already know this, but I want to remind you, what keeps water out might keep water in! If you have high humidity trapped in there and then the temperature drops significantly, you can get condensation.

If your home is climate controlled (no huge temperature swings or humidity problems) then you should be okay. Just keep a gel pack or two in there and keep an eye on it!
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 Posted 05/20/2008  11:30 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Without "help", no safe will be "humidity proof".......as soon as you open the door.............
Safety deposit boxes at the bank are good for more reasons than safe's ever could be......except for one glaringly obvious factor......your "access" is always limited....
Edited by eaglefoot
05/20/2008 11:32 am
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 Posted 05/21/2008  08:29 am  Show Profile   Bookmark this reply Add fasteddie to your friends list
Can anyone direct me to a reasonable supplier of silica packs...I need enough to keep drawers free of humidity, I don't know what size they should be but perhaps there is a chart.

Anyway I'd like to order some real soon to protect my coins

Thanks
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United States
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 Posted 05/21/2008  09:42 am  Show Profile   Bookmark this reply Add FHDave to your friends list
You can go here "http://www.jpscorner.com/Silica_Gel_Desiccant.htm" for nice description of the silica gel packs and what sizes you need for various storage spaces. Unless you want to be buying new packs on a regular basis, I would recommend you get the rechargable variety.
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United States
128 Posts
 Posted 05/22/2008  5:07 pm  Show Profile   Bookmark this reply Add ptb to your friends list
Storage article links - many others available
http://www.money.org/AM/Template.cf...ntFileID=934
http://www.money.org/AM/Template.cf...ntFileID=129

Humidity control links again many available:
http://www.dehumidify.com/HydrosorbentRetail.htm
http://www.jakesmp.net/CSD_Silica_G...a_015_M.html

I use gun safe as someone mentioned above.

One thing many people ignore is insurance when it comes to their coin collections. Even if in a safe things can happen theft, fire, flood etc... Depending on value it is worth considering as your collection grows. Even in the banks safety deposit check that what you have is insured for the unlikely but possible "bad event"
And no - I don't sell insurance!

I know I've read that a "fire proof safe" is not a could canidate for coins; unfortunately I read too much and can not remember where I read the article.
There is my 2 cents worth Good Luck
Ptb
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 Posted 05/22/2008  5:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I know I've read that a "fire proof safe" is not a could canidate for coins
It is because their insulation contains moisture (to improved fire retardancy) which is released over time.
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 Posted 05/22/2008  11:02 pm  Show Profile   Bookmark this reply Add ptb to your friends list
Yes jbuck that was it. I could not help but notice after you quoted me that "could" in my post, could - good what's the difference? And candidate would read much better maybe I should use that spell check and / or type more slowly


Quote:
I know I've read that a "fire proof safe" is not a could canidate for coins


I still don't know remember where I read that article though. Ah getting old isn't it great!
Ptb
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 Posted 05/23/2008  10:21 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Yes jbuck that was it. I could not help but notice after you quoted me that "could" in my post, could - good what's the difference?
I never noticed that in there, either! Sometimes the brain just sees what it wants to see!
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