Hey guys, I have a bunch of coins that I would like to store in my saftey deposit box at the bank. My question is what is the best way to store these in the box. I think I need to put something in there to help keep the mosture out of the box if I am not mistaken. I have one that is graded and in a case, the rest are just lose. Thanks, Scuba
Any idea where I can get some of these? Also, how do they work? Do I just put them into the box with the coins? -Scuba.
Scuba, you can get them on line Bass Pro Shop.com Under safes. And I am sure a coin or hobby shop wiill have them
My collection is getting beyond the size of the largest safe deposit box I can rent. (It's those 10 set proof set subscriptions starting to catch up with me). I need a safe. I've read warnings that most modern safes have insulation that's made from "wet cement" that emits moisture into the interior of the safe for years. I guess you could put dessicant packs into the safe, but they seem designed to work with a closed system. I'm not sure how they would work with a safe that has a continued source of moisture. Does anyone have experience with storing coins in a safe?
dreamer. If you go to the top of the page and type in safes in the search box you will find a lot of threads on this subject. Something else you may or may not know, financial institutions will not insure the items you have in that box. Bruce.
Hey thanks, i will be looking into getting some of those. Do you know if they can be recharged once they turn blue by putting them into the oven?
Yes, alas, I just found that out. My bank had new signs stating that. They never told me that when I opened the account for the box. They now say I have to get my own private insurance. Well I am not doing that. Maybe time to sell off everything except a few I can hide at home. Plus I'll save on box rent.
I was under the impression that most financial institutions are climate controlled and this should not be an issue?
Some and some are not. But even those that are, are controlled in such a manner that it is detrimental to coins. They are designed to preserve paper, legal documents - not coins.
Yes this is what I have read. The air systems actually add humidity which supposedly helps preserve paper and printing inks. Each bank is different so you have to ask. Of course when I asked at my bank nobody knew what I was talking about. So most of my better stuff is in airtite capsules. But I don't know if that helps.
Intercept has big double boxes that store around 60 slabs. Put some dessicant packs in with them and you should be good to go.
This has been brought up numerous times on many coin forums. UTTER NONSENCE. Some time back I heard this and since I have a safe deposit box in several banks I thought I'd do some research. I went to 5 different banks and asked for an officer that knew something about the conditions of the banks air supply. I mentioned in each case I've heard of banks adding moisture to the safe deposit areas. Every one looked at me as if I was nuts. Most humored me and explained it would be very expensive to add moisture to some areas and air condition other areas of the same establishment. Who would pay for that. Most safe deposit areas are to somewhat open to the bank for daily access and that would be a horendous air supply system to do what I mentioned. Also, adding moisture to areas where there is paper work would do more damage than good. Ever notice in desert areas such as Egypt nothing is distroyed by moisture? Then there is the personal that works in those areas that would have to be specially hired in order to be able to withstand excessive moisture. Now who would pay for that? I was sort of dismissed as a concerned customer and if not a customer probably thrown out for being so dumb. I further went to a few banks in the downtown area of the Chicago area where I work. Asked the same questions and received the same answers. One bank person said only if I pay for it would they add moisture to such areas. I put all completed Whitman Albums in those boxes and have been doing so for well into the 30 or 40 year area. So far no problems with anything happening to those coins. No Gel packs, No silica packs, no nothing except the albums. If anything happens to those coins in the next few hundred years, I'll let you know.
Why would something like this be in a coin magazine? There must have been some basis for it somewhere. A desert is not a good comparison regarding higher moisture percentage in the air. As far as I have ever heard; deserts are dry. The amount of humidity any bank's system would be adjusted for is miniscule. Not something that would require "specially hired" employees. All this goes to show nobody really knows anything about this subject (including me). I doubt seriously if adding a miniscule amount of humidity is costly. In fact the air handler systems remove humidity. To have a slightly less dry environment the system just needs to remove less moisture, not add any. A simple humidity setting that didn't remove as much moisture would actually cost less, not more.
Oh I know a little bit about it, since I have built a few banks from the ground up. And guess what - they all had humidity control systems in them.
Ah Ha now the plot thickens... My girlfriend works in a place that makes industrial film. Not the kind for cameras, but some type of metalized film for transformers, etc. The film comes raw in rolls and they spray silver, zinc, aluminum and other metals on it with heat added. You should see the long round bars of pure silver they get; but that's another topic. Her department just cuts (slits) it to size. Anyway they have a very controlled environment and the humidity must be kept at a certain strict level. They have an instrument (bulb hydrometer) that sets off alarms if the humidity goes beyond or below the parameters. So essentially they are controlling the humidity and temperature. And no "specially hired" employees are involved.
