Best place to store your coins ??

Hey folks
I've been reading about people having trouble with coins getting different types of problems from the area they have them stored .. I have a small safe I could put the coins in , as of now I have them in this end table .. My folders are in the bottom , with my Slabs and other coins in the drawer.. So is this a good place to store these? Will the wood or varnish cause any problem?

 

Log in or Sign up to hide this ad.

It might. Put some rechargeable dessicants in the drawer for extra moisture protection. Ya, they're slabbed, but the extra $5 or so may save you some grief down the road.

I keep my coins that aren't in albums/binders in brand new food storage containers, like Tupperware or Rubbermaid with a rechargeable dessicant.

 

Thanks for the help , can I order these dessicants from eBay or where would I purachase some ??

 

Get them from one of the coin supply websites if you don't have a LCS nearby. Wizard Coin Supply comes to mind. May as well go there. Most coin supply websites charge like $9 in shipping so if you shop there you may find some other things that interest you like books or other supplies. Really, any coin supply website should have them. I guess you could check eBay or Amazon. Amazon would likely have them too.

 

Thanks
Really the only thing close is a hobby lobby , they really don't have many coin related items other than a few albums for cents , nickels , ect. I will shop around online and see what I can find, I'm out here in the middle of no where so it's an hour drive to the nearest town. I was also thinking of getting one of those fancy slab boxes , eBay has these intercept boxes to store you slabs .. Think this might help ?

 

Intercept Shield is a wonderful product for coins you don't want to tarnish . I swear by them as do a lot of others . Check them out at Wizards . Though they are expensive , they're worth it for my better AU and MS coins .

 

Small safes can cause problems with humidity. The way you have them stored now is probably fine but not much security if the bad guys come to your house.
High humidity or large swings in temp. or humidity can be bad for your coins. The heating and cooling system in your home should keep large swings from being a problem.
I know some folks need a really cold room to sleep at night so they use a window A/C to bring the temp. way down in that room. That's not a good place to store coins.

 

Uhhhh.... +1 obviously. Fantastic post

 

At my house.

 

Most likely the bad guys will be kids/young adults committing a B&E looking for a quick haul of easy to dump merchandise. They will probably hit the kitchen, family room and master bedrooms first. I suggest a more discrete area or room and certainly a good heavy safe; one that can stand up to heat and water damage if you ever god forbid had a fire. Nice idea to keep personal papers like wills, passports and insurance policies there as well. Get one larger than you think you need (so you can buy more coins!) and air easily circulates. Yes use a dessicant, and if you have water issues in a basement, elevate the safe and bolt it to the floor or wall so it doesn't tip and nobody can walk off with it.

 

I had the experience in the past of going through several thousand coins that were improperly stored in a damp basement and a barn. Those in sealed plastic coin holders and tubes were OK even under these harsh conditions. The 2x2 cardboard flips turned to dust as humidity, direct moisture and mold rotted them away, but in many cases the coins within the mylar or acetate were OK. Coins in open holed cardboard folders did not fare well. Coins in cardboard folders with plastic sleeves on both sides did better. Silver coins darken but don't corrode easily, pure coppers and some bronze were mixed. Aluminum was the worst, in some cases turning to powder. Iron and zinc fared poorly. Copper/nickel, brass, aluminum/brass and some other alloys were mixed as well. Stainless steel was the most resistant. I don't have any experience with gold but I know that there are many alloys of gold. In addition to the threats noted in the excellent previous post is the combination of rapidly changing temperature and humidity. Coins will stay cooler when the temperature rises quickly and attract moisture. So storing them in rubber gasketed steel ammunition boxes or tupperware with desiccant as noted above, prevents rapid influx of moist air. If your coins are valuable, they should also be stored in a bank deposit box.

 

At home. Home alarm with response guard if possible. I have many other things of value in my house, laptops, HDTV's, cameras, ect.

 

Thanks for posting
The cardboard flip you noticed in my folders are mostly my lower grade coins , mabey a couple AU or key or semi keys dates ,other than that just common G-EF stuff. So would you Suggest I remove the better coins from those ? Would the coinworld type slabs be a good option to relocate them to ?? The drawer in my end table is where all my better and slabbed coins are, just stacked on each other. Would a pcgs , ngc or some type of slab container be ok to house those ?? I see different slab boxes on eBay any suggestion as to one?? So if I just went and got a few Tupperware or plastic containers to store my slabs , better coins , and ones that mean the most to me in, it will help protect them ?? Or atleast better then they currently are ?
Is there any type of plastic containers that will hurt the coins , that I should watch out for??

 

Hey that's what I was going to say LOL

 

+1 to what @GDJMSP said.

I'd also add that any safe you can carry is not worth using. Oh, and those Sentry safes really are terrible. I like to store my coins at the bank, in a box, with some dessicant.

 

Your best bet is to purchase a safe from Liberty, they're not cheap but your getting the best and you're getting what you pay for. They're fire resistant, for the most part - keep water out if they're in a fire, they have a de-humidifier to keep the inside temp constant, and AIN'T no one to break into it. They run specials every year - find out where and when - you won't regret it.

 

Unless they are TPG, I use slab style Air-tites for all my coins and created a database by type, grade, what I paid for it and current numismedia value just for kicks. Stuff not worth the effort of putting into air-tites I put all together and have been trading them for coins I wanted. Now I have a much smaller, more valuable collection, safer and better organized collection. Probably easier to liquidate one day too.

 

I purchased plastic slab sheets. They are plastic sheets that hold 12 slabbed coins, this way I can display my better looking coins that are in slabs. As for my other slabbed coins I use both PCGS and NGC slab containers - it's a preference - I like the look of the NGC containers better.