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 Replies: 21 / Views: 3,680 |
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Pillar of the Community
United States
2724 Posts |
This question is asked so frequently I thought that I should start a thread to get some good answers.
Too frequently, collectors skimp on their supplies. Why?
I have customers that will spend thousands on a single coin, but won't spend $30 on a good loupe.
Others have 100,000 dollars of coins in a $400 safe.
How many of you have seen rare and valuable coins in a 2x2?
The point of this topic is to pass along a little insight. Your supplies should be bought with the same consideration that you place into your collection. You would not buy cheap coins, why buy cheap supplies? Even if you coins are only in the $2 a piece range, they aren't really cheap. Think about it. If you spent $2 on a Cent, that doesn't exactly equal cheap does it? While your coins may not be rarities or worth thousands of dollars, it is still hard earned money spent. Why not protect them with good supplies?
Now I don't and would not recommend spending money on the best holders available for all your coins, but your money well spent will only help you to protect your investment.
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Forum Mom
 United States
5877 Posts |
Since I consider books to also be supplies, the same rule applies.
There are a great many books on the various series and types of coins. Don't automatically grab the cheapest book available. Some have more information than others. While I have seen books that were relatively "cheap" that I felt were worth much more in the information that they contained, I have also found that this is the exception. For the most part, "You get what you pay for".
If you weigh the benefits of the knowledge gained by using the better reference books, the books will pay for themselves in a relatively short time.
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Pillar Of The Community
3147 Posts |
Another good one from ND and Susan!!! WE (wife and I) constantly changing how we protect and store our collection. I really like albums (Dansco) but decided just last week that ALL the Morgans in both of our collections are going back into airtites. Albums are great for flipping pages and admiring but have decided the protection just isn't there for each and every coin and should your little sheet of mylar slip down, well, the coin or coins that are exposed to air will tone very quickly and usually the toning in an album is NOT very attractive. We made a rather large order for airtites to get as much discount as we could and will go back to the Eagle line of storage boxes. Anyone else recommend any thing better? Like to hear your ideas!
Now, Susan, I have in the last month and a half updated all my Krause World catalogs which cover 1600 to now. Those really hurt the old wallet but the benefits they provide is unimaginable! Being a relatively new "DARKSIDER" they are a must in this new world of collecting!
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Pillar of the Community
 United States
2724 Posts |
Check out the Intercept products. They offer some of the best methods for protection.
Now personally I use Airtites. Many options are available for placing them in albums plus they offer the best option for easy handling.
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Valued Member
United States
382 Posts |
All of my Lincolns (many in red BU condition) before 1945 are in Avery Labeled (outside) Intercept 2x2's displayed in Eagle page holders stored in a Century Archival 3-ring binder photo album (Acid-free, ligin-free, moisture and vermin resistant, enclosed, clam-shell photo box). I was a photo/film store and I found these boxes that offer the best protection for photo's, so I figured if they are good for old documents and pictures, they would work just fine for my coins. Check these boxes out: http://www.centuryboxes.com/html/ce...lectors.htmlMy certified coins are stored in a Intercept Shield box in a safe with mositure control packets about. It is a fall cry from my Whitman folder I had when I was 10 years old. Edited by zakgold
02/09/2005 10:52 am
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Pillar of the Community
United States
7123 Posts |
Geeze guys,, and Gals,, if the holder is that important how come when I purchase from my local dealer, which I have in the last month or so,to the tune of several hundred dollars,, do my coins come in 2X2's and not airtites or intercept sheilds ? This dealer stores his coins in 2X2's some of them having been in them for many years I can tell that by the price that is written on them when he brings them out,,
I know that I'm playing a bit of the devils advocate here,but Ive bought a few coins from him that are well into the hundred dollar range and all came in the 2X2's and are still in 2X2's is this dealer just uneducated or does he just not care ?
Rick
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Forum Mom
United States
5877 Posts |
I can't speak for your dealer, but I know that I ship my coins in 2x2's. They are not stored that way, however. I have coin envelopes that the coins are stored in prior to shipping. The envelope is soft enough to not scratch or mark the coin, yet is thick enough to prevent rubbing against the other coins.
The reason for this is that I don't know what storage system my customers use. By putting it in a brand new 2x2 holder (and leaving it visibly unmarked), I can protect the coin very cheaply and my customers have the option of how they would like to store them.
I can also invisibly mark these holders so that I know if it's been tampered with in the case of a return.
Please understand, though, that I do not recommend 2x2's for permanent storage.
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Pillar of the Community
United States
7123 Posts |
Susan
Online coin dealers are a little different in what would be expected for the reasons that you mentioned, but What of the Local store fronted dealer, who stores His coins in 2X2's and has for years, should a collector be turned off by a dealer who doesn't store his coins in a more protective way, I guess what I'm saying is should the coins reflect a loss in value from being stored this way?
also between my cents and dimes,I have over 1700 personal coins XF and up the cost of putting all or most of these in airtites or intercept shields would mean no coin buying for the next several months ,,
Now I know I sound just like the collector that ND has described ,,especially since I keep my coins in a modified Gun safe,, But I do have Two Rotweillers that will defy anyone to get in it.
At any rate I will start buying a few holders at a time Because the advice is right !!
Rick
Edited by Metalman
02/09/2005 2:14 pm
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Forum Mom
United States
5877 Posts |
The only thing I could think of is that your dealer is trying to keep his costs down. Although air-tites are not that expensive, it could get pricey if you're looking to store your whole inventory in them.
For the higher dollar coins, I am surprised that he would store them in 2x2's. Although this storage method won't necessarily bring down the value of a coin, I would suggest taking a little more time to look these coins over as I have seen coins get "coin rub" through the mylar.
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Valued Member
United States
382 Posts |
I can understand why a dealer would use 2x2's. After all, his/her job is to turn over inventory...quickly. Space and storage space is tight in most coin shops. Why keep a coin in a dollar holder when hopefully it will be gone in 30 days.
I use all the above stuff because I live in heat & humidity (nasty stuff for my Red Lincolns). Since I am not concerned about space and storage constraints, I use the aforementioned products. After all, I want them to STAY in their current conditions for many years to come.
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Pillar of the Community
United States
1247 Posts |
I like to heat seal coins in SAFLIPS and store them in Whitman blue boxes. Sometimes I'll take a flip and cut it in two. Then I'll put a token as far to one side of the flip as possible and then heat seal it vertically and horizonally. Then cut off the excess and put that flip into a full flip and heat seal that. I'm doubling the protection but not the cost since I can use the other half of the first flip to do again with another token.
Edited by longnine009
02/09/2005 6:47 pm
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Moderator
United States
23513 Posts |
I am using a product similar to airtights. Does brand matter? for the plastic storage "capsules" ? also what do you think of the storage BOX found at this site? http://www.lighthouse.us/the box not the c ASErggoodie
aka Richard
"catch em doing something right"
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Pillar of the Community
United States
867 Posts |
Most of my collection is in 2x2's, but the more valuable stuff (relatively speaking!) is in albums. I am worried about getting rub marks from the mylar sheets, so I don't pull them out more than I absolutely have to. One of these days I'll upgrade, but like Metalman said, that would eliminate my coin buying budget! Plus, if I buy any coins at the coin shop, the owner usually lets me have whatever 2x2's I need for free!  Rachel [:p] |
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Forum Mom
United States
5877 Posts |
For those of you who prefer 2x2's, can I make a suggestion?
Cut squares of cardboard to the same size as the 2x2 and insert it (very gently) in between the coins. As long as they aren't packed too tightly in a box, that should prevent any coin rub.
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Pillar of the Community
United States
2724 Posts |
I can only give you the advice that was given to me about 2x2's. They are easy to store, stack, transport, write on, and most importanly cheap. When we have bought 2x2's in the past we get them 4 for a cent. That is cheap folks. Airtites will run fifteen cents when bought in massive quantities. They are much harder to ship, store, and are terrible for writing on. Now, we suggest to all of our customers to remove the coins from the 2x2's and use a better method of long term storage.
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Moderator
United States
23513 Posts |
quote:
Originally posted by national dealer
I can only give you the advice that was given to me about 2x2's. They are easy to store, stack, transport, write on, and most importanly cheap. When we have bought 2x2's in the past we get them 4 for a cent. That is cheap folks. Airtites will run fifteen cents when bought in massive quantities. They are much harder to ship, store, and are terrible for writing on. Now, we suggest to all of our customers to remove the coins from the 2x2's and use a better method of long term storage.
ND can you please check the two questions I asked earlier about storage items. I respect your opinion. rggoodie rggoodie
aka Richard
"catch em doing something right"
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Replies: 21 / Views: 3,680 |
Posted 02/09/2005 10:05 am
