| Author |
 Replies: 8 / Views: 1,833 |
|
|
Pillar of the Community
United States
1158 Posts |
I mostly collect coins, but I do have some silver rounds and plan to add a couple a month going forward (Depending on what prices do). I'm just wondering how you guys all store your bullion. Do you protect it like you would a collectible coin with numismatic value? Like an airtite or an album, etc. Or do you just stack them in a sleeve or box since fingerprints and scratches don't really affect their value as bullion?
|
|
|
|
Rest in Peace
United States
4078 Posts |
All of the above! Then everything into zip-lock bags
|
|
Valued Member
South Africa
453 Posts |
|
|
Pillar of the Community
Canada
3692 Posts |
Airtites, in my opinion, are a waste of space. Plastic bags are alright. The point of stacking is to maximize the volume, so rounds are a waste of space as well, and anything under .999 fine. Bullion dealers aren't going to care that the metal is tarnished. Ever wonder why big bullion bars are shaped on an angle? It's so that they can be stacked onto palettes without sliding off.
|
|
Pillar of the Community
 United States
1158 Posts |
Just to clarify, I'm talking about rounds. Like A-mark or Sunshine, or liberty mint, etc. Not ASE or Brittanias or whatever. |
|
Valued Member
United States
269 Posts |
Some buyers are concerned about the condition of even generic rounds and bars, sunshine mint ect
One Forum I buy and sell on is realy hot about describing even the lowliest Round correctly and nice BU cond rounds do bring better money there.
So to answer your question, yes, keep them in as good a condition as possible
|
|
Pillar of the Community
United States
1037 Posts |
Yes, generic bullion rounds can receive a higher premium if the round is in the best condition possible, just like coins when sold on the open market ( ebay). A dealer will only give you a fraction over spot no matter the condition. I use airtites, store the bullion in tubes and keep them in a safe. I feel the tube/airtite combo is the best way to minimize the effects of aging to the silver. Before I used this combo, I was using zip-lock baggies to hold the rounds and if the bullion were not protected by an airtite, the rounds would receive "bag marks". Hence lowering the overall condition/value of the round. |
|
Pillar of the Community
Canada
814 Posts |
I put Generic silver in a tube. And other bullion like SML or ASE or so on in air-tites and then in a tube. I also put one of those Silicon gel packs in some tubes to keep the humidity out. Then in the SDB they go |
|
Valued Member
United States
274 Posts |
If you are stacking with the intent of building value as a precious metal investment, then each airtite is going to add .75-1.00 of cost per ounce. If you have a lot of rounds, that will add up quickly and you should consider putting them in tubes, the way they come from the various mints. If you want to keep them in good condition without as much cost, maybe mylar flips, then put them in a bigger air tight container, like a ziploc or sealable tub, with silica packs in it.
If you are stacking various designs as a collector and are not as concerned about the cost of airtites, then airtites would be a good choice.
|
| |
Replies: 8 / Views: 1,833 |
|
Posted 09/04/2014 3:59 pm
