*I posted in the silver section because I have silver and there's no general area... answer for all bullion, though.* Honestly, I don't really do anything special to protect my silver. I found these little pill bags at Walgreens and I just suck the air out and keep them in there. A lot of my commemoratives are already encased so I don't have to worry about them. I usually only buy one or two generic rounds at a time so they don't come with cases. How you do keep your stash? You may also answer for other
I keep mine in the white tubes and I have some singles ones in the clear, square envelopes. I just have them in a drawer, I need to find a better hiding spot. I read an article once about the best place to store it long term. The writer said to find a spot in your backyard, under the canopy of a tree, and dig a deep hole at least four feet down. Four feet should be out of range of most metal detectors and you would want to do it under tree canopy because it's possible to detect ground disturbance with satellite imagery. Canopy will cover the disturbance from aerial views. Then you take the silver, put it in a ziploc bag (I think) and put that in a pvc pipe. Seal the ends of the pvc pipe with some concrete. This will keep water out of the pipe. Then bury the pipe. Sounds crazy I know, but most home robbers won't go digging up your yard. I'm going to look for this article, if I can find it I'll post it here.
I just have mine in plastic bags in my safe. Probably not too safe if I get broken into, but being in a cramped neighborhood, I don't really have a yeard I can go bury mine in.
Guardian, you could make a hole in the drywall about one foot from the floor, put the loot in the wall and then cover with a switchplate. But then you're not protected by fire. Anyway, I found that article that I mentioned earlier... Mar 5, 2009 Where Do You Keep Your Gold? Doug Casey 321gold ...s
A part of my collection, I have bought from KITCO. So I have stored it with them. The remaining (about 60% in value), I have stored in 2 separate bank lockers (almost equal amounts - 30% each). I don't have a single coin or bar at my home. My requirement is purely for investment purposes. So I don't need to show them off to my friends. Nor do I have that much craze in seeing gold and silver bullion several times a day. I visit my bank locker once in a month and that gives me enough satisfaction. I live in Russia, where storing bullion at home can be quite risky. So don't compare your decisions with mine!
I keep mine in the plastic mint tubes they come in. Eagles, Maples, Phillies and such. My kookaburra's are in plastic form pressed wrappers.
I store mine in a box in my closet. I really do not think anyone will take it being that is very hidden. I have around 32 1 oz United States silver eagle coins.
It depends on the types of coins and what we have for containers at the time. Usually the more valuable coins we will store in a hard plastic circular case. In the less valuable coins we store in a cardboard square with a thin plastic sheet that lays over the coin. These cardboard cases are then stapled shut. For the coins that are only worth a few bucks we will put them in the plastic tubes because we are not too worried if they get scratched.
The most obvious consideration to address is the amount of storage space you have for your silver bullion. Of course someone living on a rural farm has more options than one renting a studio apartment in a crowded city.
The best place to store coins is in a fireproof safe with a bunch of moisture inhibitert's, seal them with a vacuum packing device and always have your PIECE READY!
Its important to store silver away from moisture of the air as this can spoil the metal. So, I store my collection in zip lock bags and keep them in an air-tight box as a double protection for my coins.
I only collect 1 oz coins and have put them airtites and then in tubes. As I was puting them at three or less at a time, this made sense. Now that I'm approaching 40 oz, I'm rethinking my strategy. I just bought 20 ASEs in a mint tube and may just leave them in there. Does anyone have an opinion about storing ASEs in mint tubes they came in long term? I'm the kind of guy that wants to keep them from getting toned. If I don't open up the tubes, can I store them long term without them getting toned?
Numismatic coins are in appropriate coin folders or albums for the type, Whitman (older) and Dansco (newer). My bulk coins are pretty much stored in plastic tubes and then in boxes w/ compartments made specific to the tube size. I abandoned safety deposits in banks about 20 years ago. For why? (1) not enough room for my coins, and (2) not secure enough. Banks are subject to closure (can't get to your bullion when you might really need it), and safety deposit boxes are subject to seizure by government agencies. My gun safes provide more than adequate protection against both theft and fire; that's the reason I got them in the 1st place.
