If you are new to coin collecting, you probably have a lot of questions about how to buy new coins, how to sell coins that you either don’t want or don’t need, and how to store and display your coin collection. It’s very important to store and display your coin collection properly if you want to make sure that the value of the coins is maintained. Coins are made of metal, so they can be damaged by environmental factors, accidental scratching, and improper handling.
When it comes to storing and displaying a valuable coin collection, there are many choices. You may be the type of coin collector who prefers to keep your coins protected and stored in a locked area (such as inside a safe or safety deposit box). Or, you might be the type of collector who wants to display your rare coins out in the open – so all of your visitors can readily view them. No matter your preference, there are precautions you can take to ensure your collection is stored and/or displayed in a manner that will not harm the coins.
Environmental Factors Can Harm Rare and Valuable Coins
You may have a coin collection because you enjoy the thrill of finding and acquiring unique and rare coins, or you may collect coins with the goal of to selling them someday for a nice profit. In any case, you want to make sure the environment in which you live will not cause the condition of the coins to deteriorate over time. If you live in a geographical area that is prone to high humidity or extreme hot or cold temperatures, or if you reside in a city with high air pollution levels, it’s important to store coins in coin holders that are specifically designed to provide a high level of protection from these environmental factors.
Do Not Throw Your Rare and Valuable Coins Into a Box or Jar
One of the easiest ways to diminish the value of your coin collection is to throw all of the coins together in a box or jar. You might be tempted to store the coins in this manner, but DON’T DO IT! If you ever plan to sell your coin collection, you will be very unhappy when a rare coin dealer tells you that your collection could have been worth significantly more if the coins had been stored properly. When it comes to storage, you have many choices, including coin holders, coin albums, or coin folders.
Display Your Coin Collection in a Safe Place
If you are certain that your coin collection is very valuable, it’s important to take every precaution to ensure it remains safe. This might mean storing the collection in a safety deposit box. But if you are determined to display your coin collection so that you as well as your family, friends, and acquaintances can see it, make sure the coins are kept somewhere secure. Additionally, if you store the coins in your home, make sure to move them to a safe location (such as a locked safe) if you plan to go out of town.
