| Author |
 Replies: 17 / Views: 5,208 |
|
Pillar of the Community
United States
1045 Posts |
Hello friends,
I can't seem to find a thread on storage for silver bars. I just bought some 5oz bars and am wondering do folks just leave them in the original packaging or do they have other ways of storing them?
Thanks in advance for any suggestions,
-Kurt
|
|
|
|
Pillar of the Community
Canada
5417 Posts |
I'd leave it in the original packaging.
|
|
Pillar of the Community
United States
940 Posts |
Leaving them in the original packaging should help at resale time.
|
|
Pillar of the Community
 United States
1045 Posts |
|
|
New Member
Canada
46 Posts |
I leave them in original packaging and store them in american eagle monster boxes.
|
|
Pillar of the Community
United States
1200 Posts |
I've yet to talk to a LCS or show vendor that pays at different levels for common silver bars depending whether or not they're in the original plastic packaging, but I think it is a good idea to store them in containers that offer at least some atmospheric protection. Military surplus ammo cans (decent ones with viable rubber gasket seals) provide good protection against moisture and atmospheric impurities. Edit: There is one situation in which original manufacturer packaging is of critical importance---assay cards. Those assay cards that many bars from PAMP and some bars from Credit Suisse, Perth Mint and maybe others come in are essential to maintaining the full resale value of the bar. Having one of those bars not in the original assay card or in a compromised card will detract from the resale value. Edited by Fat Freddy
03/06/2014 09:03 am
|
|
Pillar of the Community
United States
1045 Posts |
I'm lucky I live in the high desert so moisture and air quality aren't much of a problem.
|
|
Valued Member
United States
105 Posts |
If they are just common bars I would break them out of the package and put them in some other container. Maybe if the packaging wasn't to bulky I would leave it, but for me space is a issue. Unless the item will sell way over spot I don't see a reason for keeping it in the package.
|
|
Pillar of the Community
United States
1045 Posts |
The packaging isn't bulky. I was more concerned with the surfaces being affected from being in the original plastic wrap over a long period of time. Here is one of the bars:  |
|
Pillar of the Community
Canada
3692 Posts |
Only time I would open a package is for some generic round to have it tested. Bullion is bullion. Ziploc bags in boxes work well.
|
|
Pillar of the Community
United States
1454 Posts |
I use Air-tites for most of my 1 oz. silver bars (some bars are odd sizes and don't fit the cases). I'm trying to remember if they sell 5 oz. holders but it's not coming to me. I'd check it out, though. If they do, go with them. They're excellent products.
|
|
Valued Member
Canada
293 Posts |
I leave mine in the original package, place them inside an open ziplock and then placed in a cardboard box. My hope it to eliminate any moisture damage.
|
|
Pillar of the Community
United States
1200 Posts |
Quote:
I leave mine in the original package, place them inside an open ziplock and then placed in a cardboard box. My hope it to eliminate any moisture damage. The cardboard box doesn't protect against moisture and leaving the ziploc open would seem to be self-defeating. If you really want to protect against moisture, why not close the ziplocs and keep them in ammo cans? |
|
Valued Member
United Kingdom
183 Posts |
How did ancient civilisations protect silver coins/taels whilst
enabling it to be used for trades?
HH
|
|
Valued Member
Canada
293 Posts |
FatFreddy The cardboard box doesn't protect against moisture and leaving the ziploc open would seem to be self-defeating. If you really want to protect against moisture, why not close the ziplocs and keep them in ammo cans?
By not sealing the plastic bags, it doesn't trap moisture inside the bag, while the outer paper bag doesn't allow moisture to reach the inner layers. It's worked good for me so far.
Edited by GaryN
03/14/2014 10:50 pm
|
|
Pillar of the Community
United States
808 Posts |
HawkHybrid said Quote:
How did ancient civilisations protect silver coins/taels whilst
enabling it to be used for trades? Great question. People have been collecting coins since antiquity. However, our modern obsession with keeping PMs untarnished is largely driven by today's market expectations. I don't think collectors in the ancient world had any expectations for keeping things pristine. If you cared, tarnished silver was cleaned. As for daily trading and ordinary transactions back then? Coin condition, as long as it was the expected size and weight, probably didn't matter much. Money was money. |
| |
Replies: 17 / Views: 5,208 |
Posted 03/05/2014 11:15 pm
