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Currency Holder Sealing Machine

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Author Previous TopicReplies: 13 / Views: 1,629Next Topic  
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/18/2018  08:23 am Show Profile   Bookmark this topic Add Kopper Ken to your friends list Get a Link to this Message Number of Subscribers
Hello group:

I would like to seal some of my banknotes in holders and was wondering what machine the "big" boys use (TPGs), what sleeves and if these are available for purchase. I don't want the notes graded, but just protected. Any info would be appreciated.

KK
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TheBurnz's Avatar
Canada
586 Posts
 Posted 07/18/2018  10:04 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list Get a Link to this Reply

Interesting question and not easily found or identified. I found what seem to be it below but not sure. I am thinking you buy the below and apply a regular food saver vacuum sealers.

Its an idea that sounds interesting and if you go by the rule, "buy the note not the holder" Its a great option for those low value collectible note investments.

Currency Sleeves Wraparound XL Mediumweight per 10

www.safepub.com
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 07/18/2018  12:24 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I recommend Mylar, and Googled "heat sealing Mylar" and came up with this page; https://www.google.com/search?clien....L0QfvCcr3IU
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CelticKnot's Avatar
United States
12845 Posts
 Posted 07/18/2018  12:58 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
A benefit of the food saver is that it evacuates air (and the moisture it contains), but I can see a vaccum mangling/collapsing a thin Mylar bag. Those dedicated sealers are a pretty penny but probably worth it if you're going to do dozens. The ironing videos seem like a lot of work.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/18/2018  1:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
What is your concern about leaving a note - even a new one - in a high grade open holder? Even currency dealers use these for their own collections!
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 07/18/2018  3:30 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I was guessing maybe they live on a houseboat....
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/18/2018  6:01 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
No ST, no houseboat. CF, I was thinking about doing some shows and was concerned about the handling of the open top holders, maybe even some spillage on them by inattentive people. I do remember at a recent show, one dealer (I think it was the NYCICF) had all his notes in sealed holders. Thanks to all who responded. I'll look into what you suggested.

KK
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/18/2018  8:43 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I use a simple clear 1/8" X 1/2" pre-cut piece of tape in the center of the open side to keep the holder closed. You're not going to get far as a currency dealer if qualified buyers cannot view raw notes in hand.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/19/2018  9:03 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
CF:

I do not want loads of people, probably with dirty hands constantly taking notes in and out of holders and bending corners. Just as notes can be studied in sealed TPG holders they could be studied in self sealed holders. I would't want to use anytime of tape on a holder.

Maybe you would be OK with people fondling your jewels, but I'm not when they are my jewels.

KK
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/19/2018  9:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You'll have a tough time selling a raw note of any value to an experienced collector in a sealed holder. Not going to happen.

It's up to you to decide who handles it raw, but this is something you'll have to learn. Trust me.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/20/2018  4:09 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
People buy coins in 2x2 holders, uncertified by a TPG. Coins are sold daily, multiple time through the auction site we all know and love. Notes are also sold on a daily basis that have not been graded by a TPG. If only numismatic items that have been certified by a TPG are valid for collecting, where would this hobby be. If a person is uncomfortable buying a note because it hasn't been graded by a TPG (who does the grading of the tens of thousands of items? I betcha there are some newbie graders going in and out the revolving doors! Where's the quality?), then that person should learn to use the IBNS grading standards before he gets into note collecting.

There have been numerous TPG'd items posted on this forum that have been questionable in their grade.

Ultimately it is a person's choice to buy or not. My preference would be to sell to collectors looking to build or improve their collection. The hobby for me is not the investment aspect. If you buy quality, it will grow over time.

KK
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 07/20/2018  5:35 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It's good to hear everyones opinions. I tend to agree with Mr.Frog, and although most everything KK mentions about coins is spot on, coins VS currency is like comparing apples and oranges. Probably why CAC doesn't do Paper Money.

I have very limited grading experience with coins, but it appears to be all LOOKS. None of those pesky serial numbers, and no embossing or dealing with folds and ragged corners. Every currency dealer at a show currency table is more than happy to let you hold a raw note .... sometimes they prefer to take the note out of the holder, but I've never been told " no, you can't hold it".

Edited to add; I don't believe this has anything to do with TPG's.
Edited by SteveInTampa
07/20/2018 5:37 pm
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Coinfrog's Avatar
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94367 Posts
 Posted 07/20/2018  6:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agreed, coins and currency are different animals. With most coins in most grades, you can see everything you need to see with the coin inside a holder, save perhaps for luster breaks and subtle signs of cleaning in some instances. Not so with currency, especially in higher grades - pressed folds and slight bends, not to mention embossing, can be almost impossible to see through stiff holders. I have hundreds of notes, and have never bought a raw one without examining it in hand first, nor have I ever been told I could not.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/21/2018  12:08 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
OK getting back to the OPs (that be me) original question and refraining from offering opinions on the validity of self-sealing currency in bodybags and how people examine notes, does anyone else have a suggestion as to a machine and holders to use. Anyone work/worked for a TPG? What machine do they use? I guess I could contact the ANA museum and see what they suggest. Thanks to all for answering my original question and a thanks to those whose had options to suggest. Your comments are valuable and I consider them a learning experience.

Thanks again.

KK
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