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Silver Storage Question

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Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 01/31/2012  8:31 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Don't store your silver coins in Mylar 2 x 2's, in PVC album pages.

Over a period of 10 or more years the gassing out of the PVC will eventuallly get through to the coins. Archive quality album pages are much to be preferred.

If you use PVC album pages over extended periods of say 10 or more years, you are looking for trouble, even with Mylar 2 x 2's.
Valued Member
terrib's Avatar
United States
67 Posts
 Posted 01/31/2012  9:06 pm  Show Profile   Bookmark this reply Add terrib to your friends list Get a Link to this Reply
Are there problems storing your coins in the cardboard 2 X 2 with plastic so you can see both sides of the coin? Most of the older coins we've bought are in those. Should I moved them into something else?

As for security - we have some in the safe deposit box, some in a safe that is bolted to the floor at home. Have a dog, but would like to get a security system as well. Till then, I just split stuff up.

We are becoming regular enough at the coin shop, they are more friendly. A little teaching, chatting and learning each trip. One of the older gentlemen on staff mentioned making sure you split things up between the home safe and a safey deposit box or something so it's not all in one place. He was glad to know what wasn't an issue.
Pillar of the Community
Connor's Avatar
United States
2130 Posts
 Posted 01/31/2012  9:57 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Good question terrib...I have purchased a lot of 90% silver that is stored in the cardboard 2x2's. Interested to hear what others have to say about this.
Previously Banned Member
coinvet's Avatar
107 Posts
 Posted 01/31/2012  10:05 pm  Show Profile   Bookmark this reply Add coinvet to your friends list Get a Link to this Reply
To be on the safe side, I would not keep my silver coins in those 2x2 s ... although I have seen some coins that have been in them for years and still look great. It seems that 2x2 s are worst if the humidity rises because they tend to retain the moisture between the plastic and the coin.
Edited by coinvet
01/31/2012 10:06 pm
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/31/2012  11:28 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
A small box can be buried under attic insulation, or wrapped in it, depending on how often you access it.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/31/2012  11:33 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Have a dog, but would like to get a security system as well. Till then, I just split stuff up.


Basic systems are installed quite cheaply if you agree to monitoring contracts.
Valued Member
EarlB's Avatar
United States
100 Posts
 Posted 02/01/2012  02:00 am  Show Profile   Bookmark this reply Add EarlB to your friends list Get a Link to this Reply
How good are the square "coin safe" rolls for long term storage? Most of my silver is circulated 90% - just this week I've started to get my first few slabbed coins (you guys are rubbing off on me)...but I keep most of mine in those square coin safe tubes.

Need to get some nice boxes for them to store the rolls inside them in the safe..hmmm, do cigar shops sell empty cigar boxes reasonably? Probably not, seems like nothing in this world is reasonable anymore.

Earl
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 02/01/2012  02:30 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Actually, I bury all of my bullion silver all over my back yard in small amounts. I take note of the GPS position for each.

If the GPS system is replaced by newer technology, at least the bulldozer driver will have a smile on his face when the land is re developed sometime in the future!
Pillar of the Community
Connor's Avatar
United States
2130 Posts
 Posted 02/01/2012  08:41 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Like EarlB, I collect mostly circulated 90% silver also. Will storing these in the paper wrappers you get from the bank have any harmful effect on these over the years? I have a lot of 90% circulated silver in these type rolls now.
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jeffrose's Avatar
United States
1432 Posts
 Posted 02/01/2012  09:00 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply
Just bought 4 liter "Really Useful Box" @ Staples yest. ($7.49) Very sturdily "Made in USA" @ works well with the square coin tubes. My Morgan & Peace dollars are also in the square tubes in a similar container. I have a dropped ceiling in my finished basement. If you remove a couple 2x2' tiles you can attach 3/4" plywood to the 2x8's giving you a nice storage area for something like this.

Silver-Storage-Question
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 02/01/2012  11:09 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I like to consider the possibility of fire damage when picking storage options. I don't want my stash to end up like the first pic here: http://www.ncscoin.com/news/viewart...rticleID=871

Plastic melts much easier than glass and fire resistant boxes are pretty cheap now days.

Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 02/01/2012  5:41 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
do cigar shops sell empty cigar boxes reasonably?


Usually. Stay away from the wooden ones.


Quote:
Just bought 4 liter "Really Useful Box" @ Staples yest. ($7.49) Very sturdily "Made in USA"


It should be, considering that size is at the Dollar Tree.
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