Storage

Discussion in 'Bullion Investing' started by Coin Chick, Dec 19, 2010.

  1. Coin Chick

    Coin Chick Loves Gold

    How does everyone on here store their coins? What is the best way to do it? Should they be wrapped in paper before storing?
     
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  3. Ginger1

    Ginger1 Member

    Storage is not a complecated task.You can use any of the bank lockers if you can't take risk of storing it at home.
     
  4. renu

    renu New Member

    Bank lockers is a good option, but I don't think it is the best option. If it is stolen or looted somehow from there, you won't be able to get it back, and old coins are very valuable. Try storing it at home to a secret place where no one can suspect. Store it to a very ordinary place, and not like in home lockers.
     
  5. Ginger1

    Ginger1 Member

    There will be no problem if is lost from the bank lockers.Bank is resposible for our valuable things.
     
  6. gandall

    gandall New Member

    money bank lol..It does add up to a lot quite quickly though....worth a go.
     
  7. superman

    superman New Member

    I think that's great advice. Storing them in the obvious secret places .. actually not so secret.
    However, I would store them at home rather than a remote location. I support that suggestion.

    Does anybody have any information regarding how to best store them, like mentioned in the first post .. with paper or cloth, or whatever. Oxygen etc can play nasty tricks?
     
  8. Ginger1

    Ginger1 Member

    I would prefer using cloths.It will prtect the coin form oxidation.
     
  9. Coin Chick

    Coin Chick Loves Gold

    Yes I agree with you there. Even if they are responsible for the stuff I put in there, if it is stolen then they pay for it but I never get it back. That is why I do not care for banks storage.
     
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