Storing Silver Bullion - Capsules or Tubes?? Shocking Results!!
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- Опубліковано 9 лис 2024
- Today, I share my thoughts on the best way to store silver bullion. The long-standing question is whether capsules or plastic tubes are best. I may have found an answer once and for all!
A massive thank you to @GoldSilverHunter for his generosity and time for the mail call!
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I’ve got a bunch of silver with milk spots. Brits, Robinhood, little John’s, Maid Marian’s, sunshine rounds, Lincoln cent rounds, good news is a white polymer eraser will get them off. Takes a bit of work, but it works. Just keep rubbing the dirty spots off the eraser every few times in a towel to get better results.
Or just melt them into a pair of silver knuckles.
I don't know how but condensation got into my mint tubes.
I have silver coins with toned edges.
I understand the best way to remove tarnish is using Tin foil, Baking Soda and hot water.
Going to check my Silver later. Mostly stored in capsules then put in a bag with a silica gel packet. Variety of mints, quite a few Royal Mint so interesting to see how they have fared over the last few years.
Both Zinc Sir. Glad they got there. The Una and the Wolf print was done by SP as you said and that is only 1 of 2 I will send, knowing you love an una....I rushed to get that out so didn't have time for a letter : ) But a nice subtle hint : )
I love your letters! Thanks so much again my friend. Really fabulous work and regardless of metal, real treasures!
Yeah the Royal mint spots, but nothing compared to the Austrian mints silver! I’ve even had American silver Eagles milk spot but so far I haven’t had any of my Mexican silver Libertads milk spot yet.
Whoa! So sorry to see this. Early this year, I moved on from stacking Silver Bars and into collecting Silver Bullion coins (I am in the process right now of posting my collection, coin by coin, in little feature videos on my UA-cam Channel) and I did some pretty solid research concerning which Mint had the biggest problem with their products exhibiting milk spots before I started buying; I am sure you can guess which Mint was the worst. I now buy Perth Mint products almost exclusively and storing all of my coins in individual capsules, have yet to see one milk spot dot on any of the coins that I have (my collection includes numerous coins from the early 90s too) Again, so sorry to see this; great content nonetheless. Thanks for posting Sy. Subscribed! 👍
Thanks for the sub my friend! I stack mainly newer Maples to not have these issues any more!
6:37 wow dude i just came here from your last video to see how well the cloth is doing and i'm stunned, i have tiny milkspots on two krugerrands but nothing close from what you got on that piece, and you really made it shine again erasing those, i really consider taking one of those cloth they are on amazon?
Yep, pretty cheap on Amazon. They might leave very tiny micro scratches so be careful and don't rub too hard!
@@SyTheSoundmanalright thank’s Sy ;) i rewatched and yeah still stunned like my two krugerrands are going to be like new lol but yeah not too hard ok well i’ll take one in beginning of the month with my monthly pick ^^
It's not the tubes or storage that cause milk spotting. Milk spotting happens during the production of the coins and can only be seen months or sometimes years later. I would have a go at cleaning those coins.
I have a milk spotted Britaina that I tried cleaning with boiling water baking soda and aluminium in a bowl, but that didn't work. Then a magic spong and hot water had no noticeable effect either, despite having seen a video of it working on UA-cam. I may try an eraser next, but I understand that can cause scraches.
It's so sad to see the condition of those coins. We shouldn't have to deal with this.
Thanks for your comment! I agree that the problem has been there from the start. I don't think tubes help at all. Capsules are way better at delaying the effects. It is sad what happens to our silver, and I totally agree that we shouldn't have to deal with it!
5:34 great work GSH, they came out great!
The RM need to be tagged in these videos. That's very poor from them. Why don't they mirror the Canadian Mint?
Everyone has been asking this question for years GG!
@@SyTheSoundman It's frustrating. It's like the government has a deal with them to make crap so we buy coins we get taxed on.
I never had problem with my silver
Just have them in plastic container closed in safe
Just wipe them off Avery so often with silver cloths
Splendid and Extraordinary video!
I do like silver Britannias and I buy them for the silver value only. I've sold all my Queen's Beasts and anything else that isn't a 1oz silver Brit. A few Celebration bars that are in their mint vacuum seal and if those milk spot, well, I'll just hammer them down into something "artistique" and knock back a few whiskey to ease the pain.
I have silica gels inside my tubes. I'll check them out next week
Super nice video.
I have stored silver in many ways and treated all coins the same. The maples and philharmonics gathered milk whether buried or in climate controlled environments. I suspect something in the minting process went haywire. Perhaps the capsules are the remedy.
I have a bunch of silver eagles I bought in the 1990s that I have never looked at. I am going to keep it that way. lol
Thanks my friend. Those Philly's are a nightmare too!
I thought this entire argument was settled? Milk spots are a residue left over during minting, air can only tarnish the coins.
I thought the same, but does keeping them in tubes enhance the problem?
How do Air-Tite capsules fare? I got most of my silver coins in Air-Tites(the 1 ouncers anyway)?
These are the best capsule/storage solution out there. You're doing a great thing!
I have 100 1oz rounds from Scottsdale mint and I keep them in their generic round tubes which I store in an empty monster box. No milk spotting.
Has to be a quality control issue, I've never seen an ENGELHARD Bar have milk spotting & I can't find any on google. The Google AI says "ENGELHARD can have milk spots" and defines milk spotting but never mentions ENGELHARD again & neither does it's sources.
I have to check mine soon
Some of those are shocking… in response to your comment about never seeing an RM bar milk spot. I in fact had some develop on my 10oz Britannia bars which was disappointing
I have never seen that on bars, only coins, including the larger coins up to 1kg. Such a shame for you mate
Great video yet again, so nice to see some of GSH's castings. won't be long before he be hitting the Silver
Like #15 let's go!!!
shocking to see the milking on these! I'm not sure if its storing them in the tubes contributes to the milking. I regularly hear people say its chemical contamination in the manufacturing process, It comes out over time and I'm not sure if there is anything to stop it, other then better manufacturing processes.
Love the castings too from GSH.
Yes really disappointing and a surprise tbh. It can't be air getting in because they would have started to tone with a brownish colour.
Yep, GSH has his craft perfected!
@@SyTheSoundman oh forgot to ask, whats in the Timorous Beastie bottle? is it connected to Paul Kidby?
@@AB-ob3lq Not sure about the artist but the bottle is a blended Scotch whisky
Wow. That tube of Brits isnt even mine, and I cringed! I feel bad for ya!! Bit is the tube the culprit? I doubt it. But who knows.
All I know is that the Royal Mint have serious quality control issues!
I store mine in tubes and in an airtight plastic box
The Brits are shocking. When I first started I had tubes for the first lot of Brits and now scared to look tbh!
Not everyone will have the same problem but it's the awareness that's the most important thing. Awareness of not being able to hold any premiums when the time comes to liquidate.
#1 First Boom!
Legend!
13:25 🥛
Yikes!
I could make some nice silver tacos out of that lot......
Looks like there gonna milk spot in capsules and tubes
@@jchihat I think you're absolutely right! We can't escape the RM milk spots!
Absolutely gutting, if its because of the storage why can you store coins from other mints without a problem, and why are some ok and some not. I think its the manufacturing process, chemical residue when put though the annealing process cleaned degreased with chemicals. Maybe storage has some roll to play but i would say its chemicals. But why can't anyone come out with a clear explanation of this instead of everyone quessing, if you google it there's 5 explanations its ridiculous. If other mints can stop the spotting so can the royal mint that i do know. Looks like a day with the baking soda so iv heard to fix it. But if them coins were proof there's no remedy you carnt exactly drop it in baking soda, its money down the drain.
Totally agree with you Gilly. I feel that storage situations can make the problem worse, not cause the milk spots. The problem is already there for sure but I'm going to clean some and see what happens!
@@SyTheSoundmanI agree it's there from production to me. I think if anything it could be more the temperature that accelerates it, been stored in cold temperatures rather than what it's stored in.
Great comment Gilly
Storage….how appropriate for silver. Lol.
Please elaborate!
@@SyTheSoundman It's reference to silver never doing what people want or expect. It might as well be in a storage locker out of sight. Hopefully things keep heading up for silver. Cheers.
@@metricdeep8856 I hear you! Let's hope there is some good value in the future!
I have a feeling a lot is to do with how you are storing. Handling with no gloves will never help.
@@leo-v8y The problem is with Royal Mint. All my other bullion is fine. Handling by hand when they are ruined anyway isn't an issue for me. They are more than likely going to get melted down anyway! I do however agree with using gloves to touch the metal!
These are minutes ill never get back..thanks NOT
I think the same every time I make a video. Are we related?
You don't look or sound like you have anything better to do o' buddy ol' pal of mine. 😅