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Question On Storing Coins

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stud722's Avatar
United States
1088 Posts
 Posted 06/12/2012  3:18 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
you do not have to put the price code on them, just what I do. I am an organization freak. I like to know how much I paid for something. and COMET made a good point about a relative someday having to deal with the collection. it doesn't take much longer to write down 4 letters and it may help out sometime in the future...it may not
Valued Member
United States
223 Posts
 Posted 06/12/2012  11:09 pm  Show Profile   Bookmark this reply Add COMET to your friends list Get a Link to this Reply
Just wanted to add, putting coins into a PVC or vinyl page is not the best idea. Regardless of what the manufacturer says, they contain chemicals that would leach through the cardboard and on to the coin.
Bedrock of the Community
United States
20753 Posts
 Posted 06/13/2012  09:26 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Well it does serve another purpose to write down how much you paid for the coins. Far too many times I have heard of stories how someone found a relatives collection only to be taken by a unscrupulous dealer when selling. A list will give them an idea of the value in case anything does happen to the collector.

Good point but this too depends on the size of the collection. Mine for example. I have virtually many thousands of coins. If I had a receipt for each one, I'd need another house for the paper work. Just writting a price on a piece of a 2x2 means little since you could put anything there and it could be real or not.

Quote:
Just wanted to add, putting coins into a PVC or vinyl page is not the best idea. Regardless of what the manufacturer says, they contain chemicals that would leach through the cardboard and on to the coin.

Note that 2x2's are cardboard with a piece of mylar type plastic on the inside that protects the coin. Vinyl pages that hold those 2x2's are basically safe. Many plastics are as safe as glass for coins. Some are not. PVC is one of the not so safe ones.
As to regardless of what a manufacturer says. Remember that the way things are today, one wrong statement means a law suite. So they are really carefull of statements.
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CelticKnot's Avatar
United States
12845 Posts
 Posted 06/13/2012  1:14 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I store my finds from circulation in folders, generally. The one exception there is State Quarters, for which I use a blue Whitman Classic that you can pick up from Hobby Lobby for pretty cheap, especially if you print out a 40% off one item coupon that they usually have on their web site.

For the UNC coins or higher-grade ones I have purchased, I typically use a Dansco album, although I do like the green Intercept Shields as well. And heck, those blue Whitman Classic albums look pretty sharp on a bookshelf too.

If you don't want to spend a lot of money on folders, you can usually get used ones for cheap from coin shops because they buy collections and generally take all the coins out of the album to sell individually for greater profit. And then they're left with empty, used folders. I've gotten quite a number of them this way and they're fine.

One thing is that if you live in a humid climate, you'll probably want to make sure your house is air conditioned, or you are storing your coins in a safe with some sort of desiccant.
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bkprewitt's Avatar
United States
157 Posts
 Posted 06/13/2012  3:18 pm  Show Profile   Bookmark this reply Add bkprewitt to your friends list Get a Link to this Reply
Replying to the use of 2x2 vinyl pages, I'd recommend against vinyl and instead use polyproylene. Even if protected in Mylar/cardboard 2x2's, I'd still worry about PVC in vinyl pages outgassing and messing up the coins. Polypropylene is the better choice in my opinion, and aren't significantly more expensive than vinyl.
New Member
United States
15 Posts
 Posted 06/13/2012  5:34 pm  Show Profile   Bookmark this reply Add oldcoinlover to your friends list Get a Link to this Reply
Wow, so many good suggestions. I never would have thought there was so much to know about storing coins. I still like the 2x2's with a folder for now, but will be careful about not getting PVC, just in case. I live in a very humid climate and don't always use the air until full-on summer. So putting the coins in 2x2's and a folder would still not be enough? I guess it's a good thing I don't have any valuable coins yet. :o) What about that VerdiCare I read about - would that seal the coins and protect them from humidity, or would it be too expensive for circulated coins? I just wondered since their web site says it's good for corrosion protection. Thanks for all your help. I hope you don't mind the questions.
Bedrock of the Community
United States
20753 Posts
 Posted 06/14/2012  10:11 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I store my finds from circulation in folders, generally. The one exception there is State Quarters, for which I use a blue Whitman Classic that you can pick up from Hobby Lobby for pretty cheap, especially if you print out a 40% off one item coupon that they usually have on their web site.

Almost all Folders are OK for basic, non valuable coins. And they are made by a multitude of manufacturers at resonably low prices.
However, if you do use them, note the shiny stuff on the inside of the slots for coin. That is the glue left over from the manufacturing process. When moisture gets to that it sort of makes a mess on the back of the coins.
New Member
United States
6 Posts
 Posted 11/19/2012  11:25 pm  Show Profile   Bookmark this reply Add heuvy31 to your friends list Get a Link to this Reply
I too have a question about storing that I hope someone can help me with. I have wheat pennies and a few silver coins to want to store. I ordered some 2x2 ziplock plastic bags off of Amazon. I contacted the company and asked them if the bags are PVC or Mylar. They responded that the bags were virgin polyethylene film. I contacted the company again and explained I would like to use the bags to store coins and wanted to make sure there were no added chemicals. Like others have mentioned, I got the response of "I would not feel comfortable telling you that they are chemical free, as I am not 100% sure. I wouldn't want to tell you that they are safe, and be incorrect." I have not seen anything online stating that this material would be bad. I also took them to a local coin dealer, and he said he thought they should be fine (although he didn't seem to convincing). Does anyone know if this type of bag will be fine for my coins or should I try a different method as mentioned previously? Thank you all for your help.
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fromms2244's Avatar
United States
461 Posts
 Posted 11/20/2012  12:56 am  Show Profile   Bookmark this reply Add fromms2244 to your friends list Get a Link to this Reply
I always err on the side of caution. Go with the tried and true methods for storing coins safely. I wouldn't gamble my collection, as humble as it is, with something I was not 100 percent sure of.
New Member
United States
6 Posts
 Posted 11/20/2012  08:55 am  Show Profile   Bookmark this reply Add heuvy31 to your friends list Get a Link to this Reply
Thanks Fromms, that definitely sounds like solid advice. Which storage method do you feel is best? The dealer I met with did give me some plastic flips to use. He didn't say what kind of plastic it was, but when I asked them if they will scratch the coins he said they wouldn't. I would assume coming from a dealer they should be fine. Do you think I should use those flips or something else? Thanks again.
Bedrock of the Community
United States
20753 Posts
 Posted 11/20/2012  09:39 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Thanks Fromms, that definitely sounds like solid advice. Which storage method do you feel is best? The dealer I met with did give me some plastic flips to use. He didn't say what kind of plastic it was, but when I asked them if they will scratch the coins he said they wouldn't. I would assume coming from a dealer they should be fine. Do you think I should use those flips or something else? Thanks again.

Usually those plastic flips are OK for any coin. However as that person from the company said about not 100% sure, that could be from anything. Yes most companies attempt to make things safe for what is inside their products but due to possibly manufacturing tolerances, anything is possible. If you notice almost none of the cardboard flips have a manufacturers name on them. Same with most of the plastic ones. So without a name of a company, not much you can do if something is wrong. Many companies make it difficult to contact them since so many people today call, write or email them for information. Possibly why so many now use those press 1 for this and press 2 for that until you finally give up.
I've been using cardboard flips for a very, very long time. I usually seal the edges with tape for the sort of expensive coins. I use 3M for that since I was able to contact them and they said no dangerous gasses are given off by that product. For normal coins, just a staple on 3 edges.
New Member
United States
6 Posts
 Posted 11/20/2012  09:54 am  Show Profile   Bookmark this reply Add heuvy31 to your friends list Get a Link to this Reply
Thanks Carl I appreciate the advice. I've been reading online about archival flips. Do you recommend I get those or should they be used for a more valuable coin? Also, if I do happen to come across a valuable coin, which method of storage would you recommend for that? Thanks again for all the help.
New Member
United States
6 Posts
 Posted 11/20/2012  9:16 pm  Show Profile   Bookmark this reply Add heuvy31 to your friends list Get a Link to this Reply
I am thinking of ordering these to store my coins. Does anyone have any thoughts on if this would be a good idea. Thanks.

http://www.wizardcoinsupply.com/pro...oductid=2369
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jakedacc's Avatar
Canada
1177 Posts
 Posted 11/20/2012  9:34 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
uhm, correct me if I'm wrong but it shows the 2x2 bags are 2.99$ EACH? you can get 100 2X2's and staples for that price
New Member
United States
6 Posts
 Posted 11/20/2012  9:46 pm  Show Profile   Bookmark this reply Add heuvy31 to your friends list Get a Link to this Reply
It looks like it says they are sold in packs of 100, so I'm assuming I would get 100 2x2's for $2.99. I could be wrong though
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