I was scanning some dealers this morning and found this — complete with TV’s infamous red oak presentation box! Wonder what it originally sold for? Dealer wants $49. Guarantee you it sold for a LOT more than that off the tee-vee. Any questions now about TV coin dealers?
I’ve won a few eBay auctions with similar presentation boxes for a fraction of what the original price would have been.
What you have there is a slabbed PROOF ASE that's one of the many that were produced on the first day of issue, so we are told by the inestimable Mr Mike. I have no idea why people buy these, but you are right, Mike makes a big deal about these being <<First Day>> so as to add some questionable value. I think he sells the PR70 models for ~ $129 UNLESS it's a 2017, then it's Katy bar the door.
This has nothing to do with what you guys are talking about, but for those who don't know - you do not want to store those boxes anywhere near your other coins ! Pretty much all wood is bad for coins, but oak is one of the worst.
The finishes they put on it, and the interior materials, don't help any - they just make the problem worse. But the wood, all by itself, is bad for coins. All woods put off gasses, and like I said, oak is one of if not the worst of all of them.
But all my furniture is made of finished wood and my coins reside inside or on top of them. I guess I need low carbon stainless steel furniture.
No, ya don't need new furniture. But ya do need to store your coins differently if you wish to protect them as best you can. It's just like everything else in life - there's trade-offs. You may like this or that, but it has a price that goes along with it. The question you have to ask yourself is are you willing to pay that price to have things the way you want them.
Yes, I always love to have a case of cold beer in the refrigerator and I'm willing to pay for..................... Ohh, you were talking about coin storage!
Not sure if you think you have your answer or not. But there are some very basic rules about the proper storage for coins. Rule #1 - the air is the enemy. And yes I mean that quite literally. Simply put the air is what contains everything that harms coins. From the oxygen that allows corrosion/oxidation to take place, to all the other harmful contaminants, including moisture, more than anything else it's the air that brings them into contact with the coins. Ya see, everything there is, except inert substances, puts off gasses into the air. And when I say everything I mean everything. So one's goal if one wishes to protect their coins as best they can is to reduce the amount of air that can come into contact with your coins. I say reduce because you can't stop it completely because there is no such thing an airtight coin holder. And the closer that bad things are to your coins - and everything except inert substances are bad things - then the worse it is for your coins. And there aren't a whole lot of things that are inert, but there are a few, and they make for quite handy coin storage. Most of them are plastics of one kind or another, glass is another. But of course glass breaks and plastics don't, or at least not as easily as glass. But glass can be made airtight and plastic can't, or at least the plastics that we have ready access to can't. So to store coins you need inert coin holders, then store them inside an inert container that can be sealed like a Tupperware container. And inside that you also place a rechargeable silica gel pack to minimize moisture as much as possible. Then you store that Tupperware container in a cool dark place where the temperature changes as little as possible. Do those things and you've done the best you can do. Do anything else and you haven't. It's just that simple.
