Why You Should Use Coin Storage Accessories and Not Household Items
Buying coins and Precious Metal bullion is an important step in growing your investment or collection. Coins and bullion have value that should not be overlooked but should instead be emphasized. That is why coin storage accessories are important and should be purchased alongside your bullion.Household items will not work when it comes to storing your Precious Metals for many reasons, including quality deterioration. Plastic bags or shoeboxes are common household items used to store coins and bullion. These options are not viable for long-term storage solutions. The risk of coins and bullion being stored in household items include:
- Chemical wear. Chemical wear is common especially when it comes to plastics. Some plastics contain BPA and PVC, two chemicals that can cause deterioration to your coin. Storing Gold coins or storing Silver coins should be done with non-PVC or non-BPA units.
- Exposure to the elements. Leaving coins out in open air will lead to oxidation damage. It also leaves them open to dust exposure and humidity. These elements plus others can damage the exterior of the bullion. In some cases, the damage is irreversible. The damage to the coin or bullion also causes devaluation of the product. Even fingerprints can cause damage to your coin.
- Not conducive for handling. Good coin storage allows for proper handling of your product. Your friends and family are sure to handle your product. Improper handling of coins and bullion can cause discoloration or other blemishes, devaluing your Precious Metals collection. Coin storage solutions within household items often do not protect the metals from the risks of handling.
Examples of Coin Storage Accessories
Coin supplies come in all shapes and sizes to accommodate the amount of bullion and coins needing to be stored. There are even coin storage accessories intended to hold several coins or other bullion items. When buying Precious Metals, you should consider buying quality coin storage accessories to protect your investment in the long term, allowing the value to grow. Here are some examples of coin storage units that will look good for both beginner and experienced collectors:
Coin and Bar Capsules
One of the finest coin storage accessories today, storage capsules hold different sized coins and bars. Popular coins like the Silver American Eagles (40.6 mm), 1 oz Gold Maple Leafs (30 mm) and the 1 oz Gold Chinese Pandas (32.05 mm) can fit into coin capsules available today. To better protect your investment, these capsules are PVC-free and will protect your investment from being exposed to the environment. Coin tubes and bar tubes are common for more than one purchase.
Monster boxes are a coin storage accessory for larger purchases, helping protect your large-sized investment from open-air exposure and outside elements. No matter where in your home you decide to store the monster box, your investment is protected. Monster boxes come in different colors and are very competitively priced.
Presentation boxes make good gifts or perfect additions to go with a Precious Metals gift. Coin presentation boxes come in single coin and multiple coin varieties. Easily stored and organized, these boxes come in a variety of sizes to hold nearly any coin or bullion you decide to collect or buy. There are multiple colors and designs available, but these presentation and gift boxes will protect your bullion from many unknown factors.