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So I've Never Owned Silver Before

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United States
29 Posts
 Posted 01/06/2019  10:12 pm Show Profile   Bookmark this topic Add matt242 to your friends list Get a Link to this Message Number of Subscribers
I've recently inherited 180 of these American Silver Eagle Coins. Almost all are from 1990 but a few from 1989. They almost all look like these two from improper storage. There were two coins per plastic sleeve and the open side of the sleeve is where the discoloration is. Should I just store these in hard plastic? I have a safe so they will eventually go in there as well. Or should I go cheap and just slide them in the cardboard coin holders?
So-I've-Never-Owned-Silver-Before

Ultimately I'm holding onto these and have no intention of selling them.
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Canada
1723 Posts
 Posted 01/06/2019  10:20 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
IMHO, if you wish to try and preserve them then I would suggest putting them into capsules. At least that's what I did with my silver coins. Now long term, I don't know if the capsules will PREVENT toning from happening. Perhaps someone else can chime in on that.

The choice is ultimately up to you. I always liked the clean look of my bullion so I opted to pay for some capsules. Others on here will also say that bullion is just bullion and it's always just silver value. For those that just stack, that statement is true. For those that enjoy collecting bullion, they still like to see that shiny and new look. Again, just my opinion.

Oh, and
Edited by samsnate
01/06/2019 10:21 pm
New Member
United States
29 Posts
 Posted 01/06/2019  10:28 pm  Show Profile   Bookmark this reply Add matt242 to your friends list Get a Link to this Reply
That's kinda what I thought. It's value is just based on the silver value and nothing else. I've seen people that just put them in sacks as if they junk silver. Maybe I'll pull the ones that have no toning and keep them in hard plastic. Rest can be stacked.

Thanks for the input.
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kurtles's Avatar
United States
22 Posts
 Posted 01/07/2019  12:14 am  Show Profile   Bookmark this reply Add kurtles to your friends list Get a Link to this Reply
Can't go wrong with storing the nicer ones in hard plastic capsules. At least you can keep those looking clean.
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spru's Avatar
United States
12477 Posts
 Posted 01/07/2019  02:22 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Personally, I would skip the capsules (unless there are exceptional examples) and use tubes. Like this:

https://www.wizardcoinsupply.com/co...se-size.html
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/07/2019  06:28 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I collect coins, not accumulate bullion.
Nevertheless,
I think that pristine blast white silver bullion coins should be stored in air tight acrylic capsules, because they are worth keeping that way. Your grand kids will thank you.
Such capsules don't cost much. I get mine for 50 Cents each, from my LCS. Much cheaper than slabbing.
Tubes OK for less than pristine coins.
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T-BOP's Avatar
United States
18456 Posts
 Posted 01/07/2019  08:52 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Bullion is bullion and I can never understand why someone will pay a premium to acquire them . Why , because those ASE's are pristine MS-69-70 ? I won't have any of it . I own a couple of them but they were given to me , never paid a dime . JMHO .
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Zurie's Avatar
United States
5662 Posts
 Posted 01/07/2019  09:17 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
The ones that have that dark toning will always be just bullion value, and I would store them in tubes to save space. If you have some that have no toning, using the capsules is reasonable.
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