How to Store Coins : Coin Storage Solutions; How and Where to Keep Your Collection Safe

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4 жыл бұрын

Welcome back to the American Numismatic Association channel! Rod Gillis, ANA Education Director, is here to guide you through the intricate world of coin storage. If you've been following our Video Vignettes, you've learned about collecting and purchasing coins. Today, we're diving into the essential topic of storing your precious collection.
There are two key aspects to consider: the physical storage method and the location where you'll keep your coins. Rod breaks down various storage options and offers invaluable tips to ensure your coins remain safe and secure.
Starting with physical storage, Rod explores inexpensive options like coin tubes and cardboard flips. While economical, these methods have their drawbacks, such as limited visibility and potential for coin damage. Moving up the ladder, albums provide a convenient way to display coins as sets, though they may only showcase one side at a time.
For enhanced protection, plastic holders and third-party grading services offer secure encasement and professional authentication, albeit at a higher cost. From basic to premium, the choice depends on your collection's value and presentation preferences.
Now, let's talk about where to store your coins. While many collectors opt for home storage, security concerns arise. Rod advises on safeguarding your collection by choosing inconspicuous hiding spots or investing in a sturdy safe, emphasizing flame retardant features for added protection against fire damage.
For those with high-value collections, a safety deposit box at a bank offers maximum security, albeit with limited access. Rod shares a crucial tip: opt for a box positioned higher in the bank's vault to minimize potential damage from cleaning chemicals.
Whether you store your coins at home or in a bank, the priority is ensuring their safety while maintaining accessibility for your enjoyment.
Join us in mastering the art of coin storage and embark on a journey of Happy Collecting with the American Numismatic Association! Don't forget to subscribe for more numismatic insights and tips.

Пікірлер: 73

@emptyentertainment1850 4 жыл бұрын

These are professional videos for such low view counts, appreciate the work and effort

@RealAntek 4 жыл бұрын

@jduff59 3 жыл бұрын

A good and cheap way to store valuable is in a box of Tampax in the guest bedroom. I've also heard of a bullion seller that sprat painted a comex bar and used it as a door stop. Plain site can be good - anything but that sock drawer.

@silverfoxfinance 5 ай бұрын

Dont forget, if you dont pay or theres an issue for gold/silver recall the bank can take or sell your coins and or bullion.

@gintarasjusius497 4 жыл бұрын

Personaly, i use carboard coin holders, and i keep it in the album. Its the most popular way to keep coins in my country. Also i use simple albums with pages . It's good too. Keep creating videos, its so interesting to wach, extremely when you are new innumismatic.

@Theomite 3 жыл бұрын

The cardboard ones are also very similar to the 7" vinyl singles method of storing things but easier to print labels for. You can just flip through them reading the tops.

@franklee7150 Жыл бұрын

There used to be a product called “Cointain” . It was a neat way to store coins.

@barryclements8395 6 ай бұрын

Hi Rod, great video. A popular coin storage system in Europe is the ‘coin-capsule’ such as those made by ‘Lighthouse’, ‘Ultra’ or ‘’Leuchtturm’. Square or round, plastic capsules that come in two halves and just push-fit together. They come in various sizes (coin diameter), and are usually dimensioned in millimetres, or will list which coins they fit. These capsules can then be stored in boxes like the slabbed coins, or in trays.

@uncleblack7946 Жыл бұрын

Your information is vital...I'm a newbie...never thought about certain things...Thank You

@venkateshbandari9267 3 жыл бұрын

I love that wooden storage box.

@salehbogary 2 ай бұрын

Thank you for the information , very useful and i really appreciate the effort .

@Tounushi 9 ай бұрын

I've got a three-tiered system for storing my coins: 1) in cardboard holders and in albums/folders/binders. Also got a binder for the few slabs I have. Commemoratives, silvers, oddities, antiques (generally pre-1870s), fulfilled KM sets and such go here. 2) in cardboard holders and in a box designed for 2x2 holders and separated by country with a paper slip. Lustrous circulated coins, non-precious old coins (generally 100a or older), coins from dead countries (except the really big selections like the USSR), etc. go here 3) in ISO 9706 compliant copy paper envelopes or rolls of my own making and sealed externally with masking tape, sorted by KM code and separated by country in ziplock bags. I amass coins by KM into envelopes and rolls (depending on count) until I have all years of that KM being minted represented. Then I pick the best for each year and put away the rest. Might make a common discard bag for those, and might make the rolls/envelopes active sets from which I continuously pick the best representative of a year and throw away the rest. Would make the box a lot lighter that way.

@coincollectingfun Жыл бұрын

Huge like my friend! Fabulous information and thank you so much for sharing!

@numismaticscollectionsworl3260 3 жыл бұрын

Thanks for the good suggestions

@stephanebelizaire3627 11 ай бұрын

Very Informative, Bravo !

@mikep.panucci5099 3 жыл бұрын

The nice thing about the Whitman or Littleton coin albums is they fit perfectly into a quart sized food saver bag and can be vacuumed sealed keeping all the air out

@marandlen Жыл бұрын

Are those the ones with the plastic?

@charlesbarrios4774 8 ай бұрын

Very helpful for the newbie. Thanks.

@robertjolly3021 Жыл бұрын

Nice lay out, thankyou !!

@daviddenson3324 2 жыл бұрын

Just remember, safety deposit boxes aren't insured by the FDIC. If you want insurance you must purchase it yourself. Also, who is to say the bank in hard times won't take your money and the contents of your box? It has happened in history people. Banks and/or the government will take your stuff in certain instances, simple as that.

@silverandworldcoins6600 4 жыл бұрын

Thanks for sharing

@johnnyb3126 2 жыл бұрын

great job

@balachandrannk910 Жыл бұрын

Great. Excellent.

@mdelgado1001 11 ай бұрын

Thank you for the info 😊

@everettwhite9874 3 жыл бұрын

What is the ideal temperature range to store coins? How much does temperature affect coins?

@yarnmisery 4 ай бұрын

if its too hot it will melt

@marlenvazquezmartinez7105 2 жыл бұрын

wanderfull advice..Please can you tell how I can ofert or sell not expensive coin?

@Eli-qr9hc Жыл бұрын

I stopped storing my coins in any kind of cardboard holders - they attract moisture

@earthlingjohn 2 жыл бұрын

This video and another video about coin storage were "recommended" to me by youtube today and BOTH videos either neglected or refused to mention the individual "air tight" capsules Please explain why these convenient and durable coin protection devices are frowned upon by the "professional coin experts"

@jayritchie3963 Жыл бұрын

i love this

@studentoftheword6115 2 жыл бұрын

What about storing Coin Boxes. Like $25 Box of Pennies from the back. Or Nickels or Quarter boxes?

@marandlen Жыл бұрын

Were can I get the cardboard" with the plastic" folders?

@henrybarnes2678 2 жыл бұрын

Interested to know what people make of acad- and sulphur-free paper envelopes, such as Lindner, for their storage. My coin dealer recommends these, and I use them for all my most precious coins.

@Tounushi 9 ай бұрын

I use ISO 9706-compliant copy paper for my envelopes and rolls. From the cover: "Specifies the requirements for permanent paper intended for documents given in terms of minimum strength measured by a tear test, minimum content of substance (such as calcium carbonate) that neutralize acid action measured by the alkali reserve, maximum content of easily oxidized material measured by the kappa number, maximum and minimum pH values of a cold water extract of the paper. Is applicable to unprinted papers. Is not applicable to boards."

@Skull-Island 3 жыл бұрын

What is your opinion on plastic sleeves vs an open-air, velvet box for preservation?

@philipprothkopf289 3 жыл бұрын

Where to find such holders? (like the slabs) at minute 04:36

@daltoncraig8300 2 жыл бұрын

thanks

@harrypounds456 3 жыл бұрын

Are all 2by2 cardboard flips pvc free? Or only specific brands?

@jamieclips8129 3 жыл бұрын

some older ones are pvc, try to get mylar ones

@flagcityparts 2 жыл бұрын

look at getting museum quality flips similar to what you use to ship coins to pcgs and ngc

@anthonykaminskasbenjihunter 3 жыл бұрын

What about clear plastic slips ?

@maczinga545 3 жыл бұрын

As long as its not PVC

@lucyfernandez9076 10 ай бұрын

I have a 1943 S steel penny that the L in liberty is berly on the penny I need help in getting the value

@collectionecoin5432 3 жыл бұрын

good I like

@19nameer 4 ай бұрын

I HAVE 1982 D LINKON ONE CENT 3.1 GRAM

@mrkirsis1559 4 жыл бұрын

What is the best way to clean and conservat the coins?

@youdidist 4 жыл бұрын

Martins Kikuts good question 👍👍👍

@gintarasjusius497 4 жыл бұрын

Why do you want to clean the coin? There are big propability that you will demage coin by cleaning it.

@mrkirsis1559 4 жыл бұрын

@@gintarasjusius497 i have in my colaction lot of hammered coins... in time they tend to turn bleck... becouse of silver octization... i herd thet best way is to clean them and conservat them... but question is how to do that whitout demaging them?

@RealAntek 4 жыл бұрын

@@mrkirsis1559 Go to a professional. Best way to do it safely

@flagcityparts 2 жыл бұрын

if your coin has pvc ask different coin dealers there methods or ask them to help

@alexgual3636 2 жыл бұрын

I've got 2 19 22 corn dollar bills how do I go about it selling them

@pamelawalford6181 7 ай бұрын

Where to buy coins storer

@joeblack1345 2 жыл бұрын

A big issue with safety deposit box is if the government wants to do a teft of people's valuables one of the first places they'll go is to the banks

@kaboomwinn4026 2 жыл бұрын

Or freeze your bank account during Financial crisis. If it not closed by that you can hold it anytime then. I recommend building a basement on your private land so you don’t have to pay fee for storage your coin.

@joeblack1345 2 жыл бұрын

@@kaboomwinn4026 exactly I don't trust banks especially Huntington bank they stole money from my account on 2 different occasions I got it back after the threat of court proceedings and since banks work hand and hand with the government makes it harder to trust them best bet on storing your wealth is in safe places somewhere on your property that only you know where it is

@jacobgilles9750 3 жыл бұрын

Bro are we related

@NefariousEnough Жыл бұрын

What should be addressed are issues such as humidity, temperature, moldy environments, proximity to coastal (salty air) regions, inside gun safes where solvent-soaked guns are kept and the like. This is largely a security/safety/catastrophe focused video rather than a preservation, appearance, value retention and surface stability one. PS...all coin flips are not created equal. And albums have more minuses than plusses, in my view.

@fenixfp40 Жыл бұрын

Safety deposit box in the bank is the last place place to have your coins imo.

@caseysuch Жыл бұрын

I have a lot of key dates pennies I have a lot of 1964 I got a 1940 I got a 41 I got a 40 to 44 5257 wheat pennies I have a 43 or 44. I have a bunch of 1960 pennies in a 1970s I got all 1980 on the 1990s I’ll let the 2000 I don’t know how to say my coins but I will try to find some way to facts on my phone.

@Supremeist Жыл бұрын

But can it beat goku?

@RUBYKINGSLY 7 ай бұрын

The main thing is safety , and I lost my bank notes worth the face value of 10000 inr.

@jayritchie3963 Жыл бұрын

i am a glir

@CT-ig2oz 2 ай бұрын

No Banks.

@yarnmisery 4 ай бұрын

i toss them in the box

@jayritchie3963 Жыл бұрын

i am 8/

@nicolasfilippsen6900 Жыл бұрын

Im from Brazil and all videos around here are nothing compared to yours ALL of them are sketchy or you would need to watch 5 videos to get the same amount of info plus all the sponsor etc