Reliably protect and preserve your coins for future generations.
Properly storing and protecting your coin collection will keep it in excellent condition for future generations. It was once said that "we are not the owners of our coin collection, but keep these items for future generations of coin collectors." One of the greatest joys of coin collecting is showing your collection to other coin collectors, family and friends. Preserving these treasures is one of the greatest gifts we can give to future generations.
Coins are works of art that tell a story. Coins are a story in your hands. These stories and stories are meant to be immortalized on coins for future generations. If you purchase the right tools and accessories, you will be able to store the coins in your coin collection and protect them from damage. Follow these guidelines and you will be on the right track to properly store your coins and save them for future generations.
Proper handling of coins
The most common way to damage a coin is mishandling. Always try to hold the coin by the edge so that the oils and acids of your skin do not come into contact with the front side of the coin. Wash your hands before working with your collection to minimize the possibility of damage to your coins. Also, hold the coin over a soft cloth or pad. If you drop a coin, it will not be damaged.
If the coins are in a special holder, such as the U.S. Mint or encapsulated by an attestation service, you must leave them in holders or capsules. Extracting a coin from a special holder can also reduce its value. Some collectors take coins out of holders because they prefer to store their coin collections in a specific album or case. Learn how to properly handle your coins so you don't damage them, and you'll be able to enjoy them for years to come.
Coin Collecting Accessories for Beginners
Every coin collector will need a few coin collection accessories to properly place their coin collections and enjoy the work they have done in assembling their coin collections. Depending on how you prefer to store and protect your coin collection, you will determine what stocks of coins you need. In addition, you will have to consider the cost of the materials you use to house your collection.
This includes coin holders, folders, albums, magnifiers, proper lighting, books, gloves, and a soft pad for the job. Beginner assemblers will only need basic supplies, while mid- to higher-level assemblers will require a wider variety of equipment and accessories. However, every coin collector will need a magnifying glass or magnifier. It should be no more than 10X.
Intermediate and Advanced Coin Collecting Accessories
As coin collectors become more experienced and advanced, the items they require to collect coins will also change. You'll go from collecting coins only by date and mint mark to new areas, such as varieties of cubes or coins with errors.
To make sure that the coin is genuine and not a fake, you need to purchase coin collection accessories such as a digital scale, a digital caliper, a stereo microscope, a natural daylight lamp, a high-quality digital camera, and a coin cataloger. Software. The more your collection grows, the more complex the coin collection accessories must be.
Coin folders and coin albums
Whether you're an aspiring coin collector or an experienced collector with years of experience, you can put a piece of your collection in a coin folder or a coin album. Coin collectors with any budget have a wide choice.
Both options offer the advantage of organizing your collection in a predetermined order. This allows you to quickly see what coins you are missing and that you need to purchase. Folders for coins are inexpensive and are great for beginners. Intermediate and advanced collectors will want to invest in coin albums that will provide additional protection for their valuable coin collections. But for experienced coin collectors, these folders and albums may not provide adequate protection for extremely rare and valuable coins.
Coin holders
Coin holders allow coins to be stored so that they are not damaged by mishandling or other environmental factors. There are many varieties of coin holders that you can use to organize your collection, and each has its own advantages and disadvantages. From inexpensive 2 x 2 coin acceptors to expensive encapsulated coin acceptors provided by third-party valuation services, you'll be able to find a coin acceptor that fits your coin collection needs.
Flat coins provide better protection
For expensive and rare coins, the only logical option is to protect them through the encapsulation process of a third-party coin valuation service. Not only do you get the best coin holder that money can buy, but you also ensure that the coin is genuine and you have a professional numismatist's opinion on the quality of the coins. However, the encapsulation of your coins is not necessarily limited exclusively to valuable coins. A prize coin in your possession, which may not be rare or valuable, but has significant sentimental value, may be worth investing in the cost of encapsulating the coin by a professional third-party attestation service.
Safe storage of your coin collection
Placing coins in coin holders and albums is the first step to ensuring the protection of your coins. But just as important is where you store your coins. The main causes of coin damage (other than improper handling) are humidity, extreme heat or cold, acids, salt, chlorine, and air pollution.
By understanding how each of these factors can damage your coins, you'll be able to take additional steps to determine the safest place to store your coins. People living in coastal areas should be especially careful because of the high humidity and salt content in the air. No matter where you live, you should take the necessary precautions to properly store your coin collection. Thus, your coins will appeal to future generations..
Safes, security and insurance of coin collections
No one ever wants to think about stealing or destroying their coin collection. But it's a fact of life that such things do happen. With proper protection of your coin collection, you can minimize the chance that a thief will steal your valuable coin collection or it will be destroyed in a fire. If one of these events occurs, you can alleviate your suffering by having the appropriate insurance covering the costs of replacing your collection of valuable coins.
In addition, trying to maintain a certain level of anonymity and privacy can help protect your collection. Attending a coin club gathering, where other collectors share their stories and coin-collecting journey, is the perfect way to make new friends. However, people outside the coin collection community may not be interested in your collection other than stealing it..
Cataloguing your coin collection
One characteristic that distinguishes "coin collectors" from "coin hoarders" is that they are forced to catalog their coin collections. Keeping a written record in the form of a catalog is an important aspect of coin collecting. If you have an insurance policy to protect your coin collection in the event of loss, a detailed catalog of your collection will be required when filing a claim. In addition, you will know exactly what coins you have and what coins are required to complete a certain series in your coin collection. There's nothing more frustrating than buying a coin just to find out it's already in your collection..
Seven Ways to Ruin Your Coins
Finally, there are many ways to ruin your coins. The list can be endless, from touching coins to improperly storing coins and losing a coin collection due to fire or theft. Careful planning and common sense will help you properly store your coins to preserve their value. Here are seven main ways people end up ruining their coins and sometimes incurring significant financial losses..