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Replies: 16 / Views: 4,721 |
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Valued Member
Australia
338 Posts |
Hi guys, I've purchased some of these coins as part of my bullion collection and noticed something strange. The coin casing as provided by the mint appear to be PVC, in which case I'm very hesitant about keeping these coins long-term. I'm faced with the dilemma, to keep the coins in the original packaging and face potential PVC damage or remove the coins and potentially lower the re-sale value. Has anyone had experience with these coins or faced a similar situation? *Edit* Including a picture for reference. http://www.squidoo.com/african-rwan...llion-seriesEdited by OneDollarMule 11/30/2012 10:03 am
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Pillar of the Community
Canada
6768 Posts |
One of the parts of mine collection - bullion coins, and the Rwanda wildlife is example for it.
In order to "feel" the coin and display it nice way, I removed it and put in air-tite capsule. Actually always doing it with non-encapsulated coins (Britannia - another example).
But if you think to resale it - leave it in PVC pouch.
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Pillar of the Community
United States
2543 Posts |
Is it going to be worth more, in the long run, in pristine, MS condition in an airtite or with pvc discoloration in the original mint package ?
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Pillar of the Community
Canada
6768 Posts |
I can say, that IMO it will worth the more or less the same.
But as a collector, I wouldn't mind to pay some premium for "original mint seal / package".
Additional case that I agree to pay more: if I know (on base of several purchases) that you, as seller, will handle this coin as numismatic - avoid touching it with the hands, while removing from the tube and selling it in air-tite capsule.
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Pillar of the Community
United States
4008 Posts |
It is possible that under the right storage conditions, warm and humid being the worst, that the PVC in a coin tube could break down chemically over time and emit a little HCl gas. HCI is corrosive, especially in a humid environment and would react with silver to form AgCl. AgCl is a white powdery looking water insoluble material that would not improve the looks of a valuable coin. Because of this, many people recommend using polyethylene, polypropylene, or polystyrene type coin tubes. Air-tights are excellent for long-term coin storage and offer excellent protection from degradation over time. This works best for a few select coins and not large quantities of coins because of the cost of the air-tights.
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Valued Member
 Australia
338 Posts |
Thanks for the replies, I think I will go ahead and remove the coins from the PVC!
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Pillar of the Community
Canada
1502 Posts |
Odd.. mine came in sealed, air tight, and semi vacuumed plastic strips. No PVC cases or capsules at all
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Pillar of the Community
Japan
666 Posts |
that's how mine came in 
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Pillar of the Community
Canada
1502 Posts |
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Pillar of the Community
United States
3670 Posts |
I like that series its destine to be aonther premium wallet breaker down the road eh....
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Pillar of the Community
United States
3789 Posts |
Well.... I just purchased a Proof cheetah from this series and while I have yet to get a BU like Rwanda Rhino, I think this package would add value so when I get mine I will leave it in the original mint package.
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Valued Member
United States
456 Posts |
Are you sure it will come in mint packaging like the BU coins? As far as I have ever seen, the proofs only come in capsules.
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Pillar of the Community
United States
3789 Posts |
I thought only a handful of the releases were in proof from the Rwanda series. I know theres a proof elephant, proof Zebra.. and I just got a proof Cheetah...
hmmmmmm interesting.
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Pillar of the Community
Canada
6768 Posts |
Interesting, never heard about Proof versions. Just found a few on ebay - priced near $130, while BU finish is only for $60. The Proof has a mintage 1000 (according to the sellers) and come in box and capsule with COA. I got BU Rhino, in the same pouch, like you mentioned for Cheetah. And again - if the coin is not for resale - there is no sense to keep it in this plastic - put in the airtite capsule and display / store.
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Pillar of the Community
United Kingdom
616 Posts |
The orgininal packaging dilemma always fascinates me. I have yet to see any mint packaging equal to an air-tite in quality or display. That said if a coin is not in it's original packaging you know it has been handled. I am going through this same issue with my Pandas but have already decided to use air-tites for Britannias. My guess is I will go with air-tites because I enjoy the coins more so it is worth any resale loss to me.
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Pillar of the Community
United States
3789 Posts |
Yes I got my Cheetah proof with COA but no box.
Heres the thing- this private mint that makes them for Rwanda charges dealers for the case. As I been told, in Europe most collectors arent too worried about a matching case and in many cases, speculators want to just buy a bunch at time so its no big deal to them also.
I checked around a box.. but I come to find out that several sellers that say they are including a box, well thats an aftermarket box.
thats one I have learned from asking around and have confirmed from multiple dealers. make sure you ask if the box is aftermarket or not. Myself speaking, I want it with the box that was offered from the mint if possible for presenation sake.
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Replies: 16 / Views: 4,721 |