Coin Storage - Coin Community Forum

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Author	Replies: 10 / Views: 1,205
Caferacer311 Valued Member United States 209 Posts	Posted 11/11/2011 10:17 pm I live in an area where its HOT in the summer and COLD in the winter, I keep my coins in the garage attic where its safe, will the cold weather ruin the coins and currency? sometimes it can get as cold as 26 degrees F Report this Post to the Staff

Chancellor Sutler Pillar of the Community United States 1372 Posts	Posted 11/11/2011 10:54 pm I think you need to figure out a better storage arrangement. The temperature variance will inevitably create condensation from time to time, which will destroy the coins. Moisture is the enemy. Chance Report this Post to the Staff
Caferacer311 Valued Member United States 209 Posts	Posted 11/11/2011 10:58 pm hmmm I need to find a place to hide it in the house then...thanks for the info Report this Post to the Staff
jdbarrick Valued Member United States 350 Posts	Posted 11/11/2011 11:23 pm safety deposit box 50 bucks for a year, climate controlled Report this Post to the Staff
Caferacer311 Valued Member United States 209 Posts	Posted 11/11/2011 11:35 pm Any bank? Report this Post to the Staff
Fuzzy317 Moderator United States 14463 Posts	Posted 11/11/2011 11:41 pm most banks have them, probably credit unions too. If you are currently using a "brick and mortar" bank, check the rates there. Report this Post to the Staff
Caferacer311 Valued Member United States 209 Posts	Posted 11/12/2011 12:03 am ok ill call around thanks! Report this Post to the Staff
Fuzzy317 Moderator United States 14463 Posts	Posted 11/12/2011 12:21 am I have a safe inside my house. Much easier to store and be able to look at the coins at any time. Report this Post to the Staff
Caferacer311 Valued Member United States 209 Posts	Posted 11/12/2011 12:24 am small safe or big? Report this Post to the Staff
Fuzzy317 Moderator United States 14463 Posts	Posted 11/12/2011 12:26 am Years ago, I had a small safe, but when I restarted collecting a few years ago I now have a gun safe. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 11/12/2011 02:11 am A bank is not really a viable option for a collector. Access to your collection is way too limited, and only OK if you are travelling for an extended period, as I once did, for a couple of years. I have a small safe, and my collection is very active. Only my most valuable coins are stored in the safe, and the rest of the collection is studied on a daily basis. A small bag of silica gel in the safe seems to help. Most of my most valuable coins are in acryllic screw capsules anyway. Even ancients can be stored in this way. Report this Post to the Staff
	Replies: 10 / Views: 1,205

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