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Great video BUT you forgot to mention avoiding PVC plastic. Someone may think old medicine prescription bottles may work just as well as coin tubes. There are not only paper flips but plastic flips to just slide the coins in without stapling anything. Mylar flips are much less reactive for long term storage. Coins stored in flips with PVC for years have had green sludge junk from where the PVC reacted with the coin metal and ruined the coin. Also, silver coins and humidity. Silver tarnishes over time and much faster than normal in humid conditions so a desiccant is advised. If a desiccant is used in a safe or closed container make sure to change it out every month or so to prevent it from becoming saturated, if it's in a very humid place. I have even seen a state quarters map from the 1990s with coins that got some toning (multiple colors appearing like oil on water that you may have seen in a parking lot) because of the cardboard map holder having been in a basement for years, even though the basement had dehumidifiers running most of the time.
Thank you so much for your feedback and for watching our video! We're glad you found it helpful. Do know this video provides general information, but if you're looking for a more in-depth overview on storing your collection, our Numismatic Diploma Program, specifically Course 1, covers the topic in much greater detail. We’d love to have you join us there! www.money.org/diploma-program/
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.
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.
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.
0:04 🛡 Coin storage basics: Understanding the options and considerations for storing your coin collection effectively. 1:23 🔄 Varied storage methods: From coin tubes to cardboard flips, albums, individual holders, to third-party grading, there's a wide range of storage options to fit different preferences and budgets. 3:37 📚 Album advantages: Albums offer a convenient way to present coins together, though some may limit visibility to one side of the coin. 4:48 💼 Security measures: Home storage precautions include finding inconspicuous spots and considering safes, while safety deposit boxes provide enhanced security at the expense of immediate access. 7:08 🏦 Bank deposit box tips: When opting for a bank deposit box, choose one positioned away from floor-level to mitigate potential damage from carpet cleaning chemicals. 9:40 🤔 Considerations: Reflect on both how and where to store coins to ensure their safety and preservation, enhancing your collecting experience.
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
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.
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.
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.
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"
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.
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."
@@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?
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.
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.
@@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
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.
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
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Subscribe to our UA-cam channel: www.youtube.com/@MoneyOrg
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These are professional videos for such low view counts, appreciate the work and effort
fr
I need some
Thanks for covering this topic every collector will be faced with.
Thank you for watching! We're glad you found this information helpful.
Great video BUT you forgot to mention avoiding PVC plastic. Someone may think old medicine prescription bottles may work just as well as coin tubes. There are not only paper flips but plastic flips to just slide the coins in without stapling anything. Mylar flips are much less reactive for long term storage. Coins stored in flips with PVC for years have had green sludge junk from where the PVC reacted with the coin metal and ruined the coin. Also, silver coins and humidity. Silver tarnishes over time and much faster than normal in humid conditions so a desiccant is advised. If a desiccant is used in a safe or closed container make sure to change it out every month or so to prevent it from becoming saturated, if it's in a very humid place. I have even seen a state quarters map from the 1990s with coins that got some toning (multiple colors appearing like oil on water that you may have seen in a parking lot) because of the cardboard map holder having been in a basement for years, even though the basement had dehumidifiers running most of the time.
Thank you so much for your feedback and for watching our video! We're glad you found it helpful. Do know this video provides general information, but if you're looking for a more in-depth overview on storing your collection, our Numismatic Diploma Program, specifically Course 1, covers the topic in much greater detail. We’d love to have you join us there! www.money.org/diploma-program/
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.
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.
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.
I love that wooden storage box.
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.
Your information is vital...I'm a newbie...never thought about certain things...Thank You
0:04 🛡 Coin storage basics: Understanding the options and considerations for storing your coin collection effectively.
1:23 🔄 Varied storage methods: From coin tubes to cardboard flips, albums, individual holders, to third-party grading, there's a wide range of storage options to fit different preferences and budgets.
3:37 📚 Album advantages: Albums offer a convenient way to present coins together, though some may limit visibility to one side of the coin.
4:48 💼 Security measures: Home storage precautions include finding inconspicuous spots and considering safes, while safety deposit boxes provide enhanced security at the expense of immediate access.
7:08 🏦 Bank deposit box tips: When opting for a bank deposit box, choose one positioned away from floor-level to mitigate potential damage from carpet cleaning chemicals.
9:40 🤔 Considerations: Reflect on both how and where to store coins to ensure their safety and preservation, enhancing your collecting experience.
Huge like my friend! Fabulous information and thank you so much for sharing!
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
Are those the ones with the plastic?
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.
There used to be a product called “Cointain” . It was a neat way to store coins.
Very helpful for the newbie. Thanks.
How about individual air tight capsules? I use a LOT of them and have been very happy with how secure they are.
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.
Thanks for the good suggestions
Thank you for the information , very useful and i really appreciate the effort .
Very Informative, Bravo !
wanderfull advice..Please can you tell how I can ofert or sell not expensive coin?
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.
What is the ideal temperature range to store coins? How much does temperature affect coins?
if its too hot it will melt
Are all 2by2 cardboard flips pvc free? Or only specific brands?
some older ones are pvc, try to get mylar ones
look at getting museum quality flips similar to what you use to ship coins to pcgs and ngc
Nice lay out, thankyou !!
What about storing Coin Boxes. Like $25 Box of Pennies from the back. Or Nickels or Quarter boxes?
Great. Excellent.
Thank you for the info 😊
Were can I get the cardboard" with the plastic" folders?
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"
I stopped storing my coins in any kind of cardboard holders - they attract moisture
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.
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."
great job
Where to find such holders? (like the slabs) at minute 04:36
thanks
i love this
What is your opinion on plastic sleeves vs an open-air, velvet box for preservation?
I have a 1943 S steel penny that the L in liberty is berly on the penny I need help in getting the value
Thanks for sharing
I've got 2 19 22 corn dollar bills how do I go about it selling them
I HAVE 1982 D LINKON ONE CENT 3.1 GRAM
What about clear plastic slips ?
As long as its not PVC
Where to buy coins storer
What is the best way to clean and conservat the coins?
Martins Kikuts good question 👍👍👍
Why do you want to clean the coin? There are big propability that you will demage coin by cleaning it.
@@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?
@@mrkirsis1559 Go to a professional. Best way to do it safely
if your coin has pvc ask different coin dealers there methods or ask them to help
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.
Bro are we related
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
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.
@@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
No Banks.
good I like
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.
Safety deposit box in the bank is the last place place to have your coins imo.
But can it beat goku?
i am a glir
i toss them in the box
The main thing is safety , and I lost my bank notes worth the face value of 10000 inr.
Absolutely don’t store your coins in a bank’s safety deposit box. Hundreds of videos on UA-cam of people loosing their savings in those boxes.
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
i am 8/
America cantrre coin help u