Whether you are a coin collector or just happen to own some valuable coins, here is information on how to store old coins. Old coins are an interesting item to own for many reasons. Older coins are often collectible and many old coins are made of silver (and some gold) making them valuable items even if they are not of much collectible value.
The good news is that in general old coins are stable and need little care to maintain their value. The worst thing that can happen to an old coin is for it to be cleaned. Coins should be left as they are found. Coins can be professionally cleaned, but for the most part coins should just be left alone. Aside from cleaning, the primary damage done to old coins is through improper handling which leaves oils on the coins as well as increases the chances of the coins being damaged from being dropped or rubbed against one another. With that said, here are some tips for properly handling coins. If coins must be picked up with a bare hand, they should only be handled by the edges. Cloth gloves made for handling coins should be worn if coins are to be handled frequently. Coins should be held to avoid breathing directly onto them as moisture in the breath can damage the finish on some coins.
Old coins should be stored in a dry environment. In areas with high humidity, coins can be stored in a container with silica gel or other desiccant. There are a number of products that can be purchased to protect coins from damage. Small plastic holders designed to protect and display coins are great as the coin can be enjoyed without the fear of damage. The “two by two” or other sizes of cardboard holders are an inexpensive choice for storing coins. These holders are made of two cardboard frames with a plastic sheet and the coin is sandwiched between them. Coin albums are also available to store coins. Aside from holders meant for coins, coins can be loosely wrapped in soft, clean cloth for storage.
Another important thing to keep in mind when storing old coins is security. Anything of value can be stolen, so some common sense steps should be taken. Keep knowledge about your coin collection and its location from becoming well known. If it is not possible to keep knowledge of the coins to a minimum or if the collection is of great value, consider storing your coins in a bank safe deposit box.
Collecting coins can be a fun and profitable hobby. By properly storing your old coins you can make certain that they stay safe and maintain their value.