A Word of Caution

Discussion in 'Coin Chat' started by Collecting Nut, Sep 29, 2022.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Just an FYI to all that care enough to read this thread. As most of you know I worked overtime for years at the Post Office while I managed it. Lots of extra money so I saved a lot and I invested a lot. My investment in coins is why I now write this.
    I’m opening boxes that I never opened when working. Too tired and not enough time. I worked, ate, mowed the 7 acres and slept. My wife says I slept too much but she never woke me unless she had to.
    Today I opened 1 box that’s been sealed for years, 6 years to be exact, to the month. My unopened boxes, envelopes and the like date back to 2009 and seem to stop about 2017, the year I retired. Now I order and the packages sit for a month or two before I get to them. I have 3 boxes from the past month.
    At any rate, I opened this box today, small but heavy for its size. Wand what do I find in there? 225 Morgan Silver Dollars and $100 face value in junk silver. So far I’ve only look at 100 of the Morgan’s and I have 44 different dates and mint marks.
    That’s almost half of every date and mint mark minted, not counting all of the varieties. The best find, and I’ll do a separate thread on it later, is a 1878 8 tail feathers coin.
    The reason for this post is a fair warning to all. They were stored in the correct manner. None of the coins were damaged by any elements. The silver dollars were all packed 20 per in a plastic tube with a small piece of styrofoam on the top coin to prevent rattling. Each tube was wrapped with tape to secure the screw-on lid.
    The strapping tape was the worst. I removed the tape and it left a sticky residue on the tube and my fingers. Mind you, I’m careful how I handle these but what a mess. And the strings on the strapping tape are stuck on the tube so it’s not like you can remove it in one motion.
    Don’t let this happen to you!
    A1748801-0C5E-4129-B26C-9EEAE222EEF2.jpeg
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    My fingers are still sticky.
     
  4. hotwheelsearl

    hotwheelsearl Well-Known Member

    Why don’t you open your mail? I open everything i get the same day.
     
    geekpryde likes this.
  5. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    A razor blade or exacto knife around the rim where the cap meets the tube and you won't have to deal with the sticky's.

    As for your buy it, sock it away for a decade or two disorder, try opening the box as you receive it. Much less overwhelming than accumulating five dozen packed boxes to open at a later date. Include me in the list of CT members that want to 'help' you open the spoils of your disorder ;)
     
  6. hotwheelsearl

    hotwheelsearl Well-Known Member

    Plus. Opening your mail let’s you return junk or subpar items. Can’t return things 20 years later.
     
    Oldhoopster and masterswimmer like this.
  7. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    That's a 10-4 good buddy.
     
    hotwheelsearl likes this.
  8. imrich

    imrich Supporter! Supporter

    If you ever graduate to pre-1933 U.S. Gold coins, especially CACed you'll not have that problem in the future.

    I accumulated a strong 6 figure quantity of pre-1965 Silver coins until my spread sheets were obsoleted by software for streaming, not accounting/communicating.

    Selling/trading a portion of my accumulation, allowed better space in my voluminous safes for a collection of pre-1933 U.S. CACed Gold coins which are easier to manage/record.

    I'm glad I made that change as the printer companies discontinued software availability for my many fine operating devices, requiring purchases of new junk, incompatible with new O.S..

    I'm back to recording "inventory" by hand, as I haven't yet found that mix of components which will allow recording/extraction of data.

    The redeeming factor is that dealers generally no longer offer material other than very common dates at elevated pricing, so accumulation is impractical.

    Modern technology may reduce your morass in the future!

    JMHO
     
  9. Wal888

    Wal888 Well-Known Member

    @Collecting Nut, I accept donations of unopened boxes containing surprises. If you don't feel like opening them, just PM me and I'll give you my shipping address and pay shipping.:)
    But... seriously, I couldn't wait to open a box of coins I'd love to see in my collection. The most I would wait would be... minutes, but wait so many YEARS??? OMG!!!
    Walter
     
    Collecting Nut likes this.
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    Read my second paragraph in the opening post.
     
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not a single coin I bought needed to be returned. All were above expectations as I only deal with reputable dealers.
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    Here’s the simple math of it.
    24 hours a day
    7 days a week
    Equals 168 hours a week.
    Worked from 3 am to 6 pm six days a week. That’s 90 hours per week. Some days were longer but not shorter.
    168
    -90
    That leave 78 hours each week. Some weeks I worked were up to 110 hours a week for 6 days. That doesn’t leave a lot of time to do everything else.
    Mow 7 acres
    Shop for groceries
    Eat
    Bathe
    Sleep
    Gas up the car, etc.
    I can open boxes later. I bought when the prices were right and I got good coins. I’m just now getting to open them so everyday is like Christmas.
    Working those hours provided a lot of extra money. My take home pay was between $1500 and $2000 a week. I spent it wisely. Now I’m enjoying opening the packages and finding what I bought. I still have a large pile of unopened ones. I’ll get to them when I can.
     
    Good Cents, Indianhead65 and AdamL like this.
  13. 1stSgt22

    1stSgt22 I'm just me! Supporter

    CN, I'm still available for adoption!! Would be happy to attend one of your box opening parties and help you!!!!
     
  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    LOL
     
    1stSgt22 likes this.
  15. eddiespin

    eddiespin Fast Eddie

    I'll be careful. Thanks for sharing the hot tip.
     
    Collecting Nut likes this.
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    The tape on those plastics coin cases or tubes will leave residue and we really don’t think about it when we apply it.
     
    Good Cents likes this.
  17. hotwheelsearl

    hotwheelsearl Well-Known Member

    Painters tape is the best for things like this.
     
    rte and Collecting Nut like this.
  18. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Dave, Dave, Dave……. You open a box you have forgotten about for ten years…. You find a treasure trove that anyone on this site would be proud to have…… And we supposed to be worried over your sticky fingers??!?!:hilarious::hilarious::hilarious::hilarious:
     
    Good Cents, 1stSgt22, rte and 2 others like this.
  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    Yes, what’s on my fingers can get transferred to those coins when I handle them. I don’t want stick residue on them. :):)
     
    Randy Abercrombie likes this.
  20. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Touche`
     
    Randy Abercrombie likes this.
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    Oh, and @Randy Abercrombie, I’d ask you to come and help me but I know your busy with Ian cleanup. Lol
     
    Randy Abercrombie likes this.
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