The cheapest and safest holder for long-term storage.

Discussion in 'Coin Chat' started by Detecto92, Sep 8, 2013.

  1. Detecto92

    Detecto92 Well-Known Member

    Drumroll please.....

    The slab.

    You're going to think I'm crazy, but read this...

    Okay, right now it costs $20-$25 to send in a non-modern, not gold coin into PCGS. $25 is secure holder, $20 is standard.

    Now if you wanted to, you could just stick that 1892-CC BU silver dollar in a paper flip. Which of course, the little paper specks could cause toning. The mylar window is thin, and offers no protection from the coin getting hit by another coin. Paper flips often yellow in 10+ years depending on how they are stored, get dirty, wrinkled, etc.

    Then, you could also use an air-tite, but if you drop the coin in an air-tite, as heavy as a silver dollar is, it's most likely going to crack like an egg when it hits that cold concrete, sending your precious coin scooting under the dusty floor of your fridge.

    While both of the above methods are cheap, they offer little protection.

    So now we have the slab.

    $25 DOES sound expensive, but think about it. That $500 coin could be worth scrap if it were to fall out of an air-tite, or get dinged through the mylar window of a cardboard flip. The slab is sonically welded on all sides, preventing it from opening it if fell.

    Of course, you're not spending $25 just to get it put in a fancy holder, you're getting it graded as well. While the coin might be worth $300 as is, it could be worth a bunch more if the TPG slabs it as MS65, instead of MS64. While grading IS subjective, people usually pay the grade on the slab.

    So if you have a coin worth at least $200, and plan on keeping it for over 20 years, the slab is cheap.

    If you keep the slab 20 years, and spend $25 to get it graded, you're not even spending $2.00 a YEAR to have it in a holder that will keep it from harm.
     
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  3. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    $25 will get you about 30 of these:

    [​IMG]

    And there is no need to send your coins anywhere.
     
    spock1k likes this.
  4. NorthKorea

    NorthKorea Dealer Member is a made up title...

    You forgot the $28 return shipping and insurance in your calculations. Oh, and the $200 membership fee (since I can't see anyone opting for lower than "gold" membership, with the included eight $3000 max value gradings). Can't forget that!

    Beyond that, PCGS holders are neither the cheapest nor safest method for storing coins. Intercept makes 2x2 holders for a buck and change. Yes, you could just use a Zincoln penny, but we're talking about single items, not storage systems.

    Or, you could always go the route used by the Smithsonian and purchase Kointains (25- to 40-cents per).
     
  5. Detecto92

    Detecto92 Well-Known Member

    $200 membership fee? It's $50 a year.
     
  6. ldhair

    ldhair Clean Supporter

    They have different plans. Some come with free certs.
     
  7. Kentucky

    Kentucky Supporter! Supporter

    To quote Tom Lehrer, "But if the bomb that drops on you, Gets your friends and neighbors too, There'll be nobody left behind to grieve."
     
    spock1k likes this.
  8. jester3681

    jester3681 Exonumia Enthusiast

    I've been getting a lot of my collection slabbed this year. But some of the less valuable and non-gradeable stuff I've been preparing to store in AirTites that are then stored in the AirTite tubes and boxes. I may spend $50 in supplies, but that's two slabs at PCGS...
     
  9. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Read very s l o w l y...



    Timmy loves slabs, Timmy loves slabs not. Timmy loves slabs, Timmy loves slabs not. Timmy loves slabs, Timmy loves slabs not. Timmy loves slabs..... again.
     
    Bambooski, Jwt708 and green18 like this.
  10. longnine009

    longnine009 Darwin has to eat too. Supporter

    What if a solar flare hits and melts
    the seam that seals the slab and metal
    eating zombie bacteria, hitch hiking on
    the solar flare, get in there and consume your
    Morgan?
     
  11. non_cents

    non_cents Well-Known Member

    Then I think you have a little more to worry about than your coins...:eek:
     
  12. longnine009

    longnine009 Darwin has to eat too. Supporter

    I was rationalizing just as Detecto was with
    the Morgan and the Air Tite. The general
    idea is not to drop $500 coins.
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    Shoot.......flesh eating bacteria. Bacteria eating coins.

    Woe is me..........
     
  14. longnine009

    longnine009 Darwin has to eat too. Supporter

    Hey Green good to see you again.
     
    green18 likes this.
  15. desertgem

    desertgem Senior Errer Collecktor Supporter

    Interesting concept. Ignoring the word "Zombie", your gold, silver, copper coins would be unaffected unless all of the oxygen on the earth vanished ( in which case, you shouldn't care about your coins anyway), So assuming oxygen is gone, metal metabolizing microorganisms would use iron, nitrogen, and perhaps manganese, with decaying humans and other animals providing a lot of organic iron from their blood. Gold , silver, copper, nickel, etc would tend to poison them None of these bacteria have the endospore structure to survive space or solar flares, so you can eliminate all worry.
     
    Bambooski likes this.
  16. jensenbay

    jensenbay Well-Known Member

    I didn't think the I would read the word "endospore" today :)
     
  17. Jwt708

    Jwt708 Well-Known Member

    This is quite an assumption and in my experience untrue. I even dropped a challenge coin (heavier then a silver dollar) in an Air Tite and nothing happened.
     
  18. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Hearsay! You know Tim can't allow facts to interfere with a good story!
     
    Jwt708 likes this.
  19. rzage

    rzage What Goes Around Comes Around .

    Tim if you're worried about dropping your coins and wrecking them , Capital makes holders with plastic screws to hold them together . But like others said Airtites or IS holders in a proper box and proper handling should be enough . Plus I keep some coins in Kointains and flips .
     
  20. SPP Ottawa

    SPP Ottawa Numismatist

    Your biggest concern should be the moisture content of the air your coins are stored in... It does not matter what holder or slab in which your coin resides - high humidity will eventually affect them all...
     
  21. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Note to self: Put carpet in the kitchen, seal the bottom of the refrigerator with duct tape, and don't butter my toast while I'm putting coins in AirTites at the kitchen table.

    Chris
     
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