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Replies: 16 / Views: 1,510 |
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Valued Member
United States
354 Posts |
Need some advice on two issues. I inherited my Father-In-Laws coin collection back in 2018. Initially all I did with it was catalog the entire collection. I've not done much with it, only putting some of the loose coins into 2x2's. I did purchase a silica gel pack which I put in the cardboard box, stored in my closet, with the coins but it may need refreshing. Recently I inspected some of the silver coins and see some issues. Many other silver coins are still blemish free. 1. The first issue is that some coins are loose, potentially banging into each other. The Silver Eagles, for example, were lumped together in a plastic bag. Some coins are still in the Littleton cellophane wrapper which lists the year, coin name/item # and rating. I'd like to put these coins in a plastic coin holder like Air-Tite. So is this a bad or good idea? How do I retain the cellophane info or is that of no value? How do I prep the coins for the move? 2. The second issue is bluish spots on some silver coins that are still in the original cellophane sleeve as sold by Littleton. I'll upload 1 or 2 examples. The spots have been there since I acquired the collection. Are the spots necessarily a bad thing? Should the coins be cleaned to try and remove the spot? Will the spots if left untouched further lessen coin value over time? Keep in mind the intent to move the coins as stated above. Any thoughts or guidance is greatly appreciated.  *** Moved by Staff to a more appropriate forum. ***
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Moderator
 United States
187544 Posts |
 to the Community!
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Moderator
 United States
94666 Posts |
 Mike Unfortunately, those look like Carbon spots, they are there to stay and won't come off, I have one similar - and I recently replaced it because of the black marks. Not I bought the one with the spots and have not issues or sentimental attachments to replacing it, Your case may be different, but at the end, the spots on the coin are there for the duration. Unless you want to damage the coin and try to forcibly remove it (an operation I do NOT recommend)
Edited by Dearborn 07/05/2023 2:36 pm
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Pillar of the Community
United States
3468 Posts |
I can't be certain, the packaging looks like it may be from the Littleton Coin Company. If that's the case, the packaging adds no value.
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Pillar of the Community
United States
572 Posts |
A few things to unpack in that post, let me start with my Two Cents: 1. The answers to your questions are almost completely subjective and it should be understood that it's the opinion of the answerer and not fact. Ultimately, you have do do what makes you happy/comfortable with the collection. 2. Air-tites for every coin can get expensive, and you didn't specify how many coins or what types, other than the ASE's. I would spend some time researching what you have and deciding whether your want to spend $1 - $2 per coin to store them, when a good archival quality coin flip can be had for about $.08. I love air-tites and have a number of high end coins in them, but they are hard to display and label. I use archival quality slabs when possible (similar to what PCGS and NGC use) as there are sleeves available that allow you to put them into binders for viewing. 3. ASE's are high volume collectibles, which means their potential for value increase has a definite cap. They make, advertise and sell so many of them every year that, except for certain desirable and limited varieties, they aren't going to increase in value substantially over time, except perhaps as the price of silver goes up. In other words, you should decide if you want to spend a lot of money storing and protecting something that isn't going to increase in value relative to inflation. Of course, if they stop making ASE's then all bets are off, but that seems very unlikely any time soon. 4. Again, referencing just the ASE's, any kind of cleaning is not recommended as they are proof quality and even the slightest cleaning marks are likely to show up on the mirror-like surfaces, defeating your attempts to improve the coin. Generally, "cleaning" (used in quotes because it has many different meanings) is not recommended unless one is certain they know exactly what they are doing as the likelihood of negatively impacting the numismatic value of a coin far outweighs the potential benefit.
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Moderator
 United States
56855 Posts |
 Are they bullion ASE or collector ASE. John1 
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Moderator
 United States
94666 Posts |
They appear to be either business strike of bullion to me, not proof strikes (from what I can garner from the images anyway (just my opinion)
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Valued Member
 United States
354 Posts |
Thanks for all the quick and insightful input. I will forgo any cleaning and the future value comment leads me to using 2x2's instead of Air-Tite. I'll transcribe the packaging info to the 2x2 where the info is useful. BTW.. all of the ASE packaging indicate 'uncirculated'.
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Bedrock of the Community
 United States
25586 Posts |
I have no problem with Air-Tite plastic capsules and I buy them regularly for under a dollar each. If I'm going to spend $50 to $75 for a coin I have no problem spending a buck for a capsule. All of my coins that did not come in permanent packaging go into a plastic capsule and then into a 4 mil zip lock baggie. Here's what they look like when they arrive and then when I'm done with them.    
My American Silver Eagle collection http://goccf.com/t/448125My random silver coin collection http://goccf.com/t/449270
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Moderator
 United States
56855 Posts |
Nice.Do you also write down price paid,where and when bought? John1 
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Moderator
 United States
94666 Posts |
I don't put the price on any of my coins or their packaging - I print out the receipt to file away, and I also keep a PDF of the same receipt on my computer as a searchable data base.
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Bedrock of the Community
 United States
25586 Posts |
I use an Excel spreadsheet that lists all of my purchases. I include the vendor, the name and type of the coin or set, the quantity ordered, the date ordered and the unit price. For quick reference I keep separate lists of specific coins I'm collecting like ASE, Franklin half dollar, Eisenhower Silver Dollar, Libertad, Krugerrand, etc.
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Moderator
 United States
187544 Posts |
Quote: Here's what they look like when they arrive and then when I'm done with them. Nice transition!  Quote: I use an Excel spreadsheet that lists all of my purchases. I  Spreadsheets! 
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Bedrock of the Community
 United States
25586 Posts |
Thank you, jbuck. I know it's a lot of extra work but it's worth it to me to protect the coins and the capsules and I have the time to do it.
I agree with you about the Excel spreadsheets. I've used them for all of my collections. I like how easy it is to insert rows if you're maintaining chronological or numerical order.
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Moderator
 United States
187544 Posts |
Spreadsheets have been my go to solution for all my number and data crunching needs for nearly 40 years.  VisiCalc, SpeedCalc... Ah, those were the days, but spreadsheets have come a long way since then! 
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Moderator
 United States
56855 Posts |
If you do not put an inventory number on each coin, how do you know which coin is which in your spread sheet? John1 
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Replies: 16 / Views: 1,510 |