Knowledge of can essentially aid in the increase of your coin's value. Over time an appropriately stored coin could become of value in numismatic proportions. If carefully stockpiled a coin, in good shape, can be forwarded to one of the government recognized grading companies to be placed in a hard plastic (slab) that is completely enclosed to protect the coin from all harmful conditions. Those top grading services are PCGS, ANACS, NGC and ICG.
If not placed in a slab your coins can be put in individual paper or plastic sleeve expressly made for the storage of coins. Most generic papers and plastics have chemicals that will harm the coins over time. Place each coin then in a storage box with a lid. If your region of the country is humid then include a silica gel. Boxes made principally for the storage of coins will protect them from corrosion and tarnishing. The next process is to place the storage box in a fireproof and waterproof safe which is fastened to a concrete floor. Better yet, install an in the ground safe. Cover that safe with an empty box from your microwave purchase or something similar. I personally like a false wall for hiding valuables.
Typical conditions that lead to the reduction of the value of coins are listed below. Non-numismatic coins don't need as much attention, however, there are particular years that can have great value if in good shape. An example is the 1986 silver dollar. As of today (9/23/11) it is worth $700 if in a perfect state.
• Air. Air will change the color of coins through oxidization. Oxidation alone won't reduce the worth of coins.
• Surroundings. Keep them in a cool, dry climate along with any of your other commodities.
A suitable way to store your coins, other than in a slab, is the "2x2." The white cardboard lined with a clear mylar pocket can cause scratching but covers each coin individually. A favorite holder is the tube. It holds multiple coins of the same size but requires the removal of each coin if you would like to view them. Avoid anything made of PVC (polyvinylchloride, also known as vinyl) or polyethylene terephthalate. Next to slabs polyester is one of the best choices. Finally, Air-Tites are somewhat expensive and are larger than the "2x2."
Treat your investments well. Shielding your lasting assets is a must and can be easily done by knowing .
David Barth has espoused the need for Gold and Silver coin ownership since 2001. Click here here to see a presentation on how to own a Numismatic Business.
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