Friday, May 6, 2011

Coin handling and storage


HOLA! On popular demand I am posting this article on coin storage from which collectors can benefit. It is intended for beginners but I hope that seasoned collectors may also find it useful.

coin storage is always a big headache for all collectors. If you only collect casually and you have only a few coins, then it is easy to put them into some bowl or box or something. But as your collection increases, the need for proper storage becomes an issue. On a lighter note, too many coins can cause property disputes as they take to much space. Anyhow, if you have many coins and put them together in a box for a period of time, it is quite easy for the coins to get worn out when they come into contact with each other, and the value of the coin is lost. Casual collectors may not know this fact that coin values depend on the condition, apart from the rarity. So how to store them? Ideally coins should be stored in proper coin holders, and the coins in the holders should be put into coin sheets or albums. The sheets can be put into sheet cover.

Coin Holder
coin holderThe above figure shows a coin holder. A coin can be placed inside a holder , then folded and stapled. This is a good way to store and preserve coins individually. Care has to be taken to hammer the staples flat or they can rub and tear into some other holder.

Coin sheets and cover
coin sheet holder coverThe above figure shows a number of coin sheets with holders put inside the slots for holders. The sheets are bound together by a cover. The holders can also be put in an album. Storing your coins this way makes them look good to anyone you want to showoff your collection.

Resealable plastic pouches
resealable plastic pouches different size2 pound coin in pouch
2 pound coin in resealable plastic pouch1 pound welsh leek coin in pouch
1 pound welsh leek coin in resealable plastic pouchWhen you have a small collection(less than 100 coins) then you can easily store in an album or sheets. But if your collection is large, then there is an issue of the cost involved in buying all these holders, albums and all. The more the coins, the more the cost. So I have an economical solution also: You can store in plastic pouches as shown above. These plastic pouches come in different sizes, are cheap and are easily available at your neighborhood store. The smallest size is the best fit for coins. They cost me about 10 rupees (or 0.2$) for a packet of 100 pouches, and that makes possible to store one coin in each pouch, no matter how low the value of the coin may be. (Though I can easily put 8-10 coins in one pouch of the second smallest size if I want to). Then I can group together the pouches by country or according to some other classification, and keep them in spare boxes that I may have in my home. But Please DO NOT keep silver coins in these pouches as the silver reacts with sulphur in the plastic and blackens, which decreases the desirability and mars the beauty of the coin. The coin holder shown above are better suited for keeping the silver coins as the film in the holders is some non-sulphur material, so silver coins kept in it do not blacken.

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