Best place to store your coins ??

Discussion in 'Coin Chat' started by Barber dime 94s, Jun 1, 2015.

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  1. GotSilver?

    GotSilver? New Member

    10^100 or 1 followed by 100 zeros
     
    GotSilver?, Jun 23, 2015
    #81 + Quote Reply
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  3. sgt23

    sgt23 Active Member

    There are ways of preventing that. Even in a basement.
     
    sgt23, Jun 23, 2015
    #82 + Quote Reply
  4. sgt23

    sgt23 Active Member

    I completely refuse to give up my collection for any reason. I will go as far as having my wife sign an agreement before marriage that she can't touch the coins. What she does with them after I'm dead is none of my concern.
     
    sgt23, Jun 23, 2015
    #83 + Quote Reply
  5. bdunnse

    bdunnse Who dat?

    You should go all Egyptian like and take your coins with you to your grave. In a lilttle pyramid, all wrapped up in gauze.
     
    bdunnse, Jun 23, 2015
    #84 + Quote Reply
  6. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    In hell ..lol
     
    kaosleeroy108, Jun 23, 2015
    #85 + Quote Reply
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Yes it's absolutely true. How do I know ? Because I built them.
     
    GDJMSP, Jun 23, 2015
    #86 + Quote Reply
  8. Paul M.

    Paul M. Well-Known Member

    Interesting. Do they have non-humidified or de-humidified storage similar to a bank box in security?
     
    Paul M., Jun 23, 2015
    #87 + Quote Reply
  9. stoster38

    stoster38 Member

    stoster38, Jun 23, 2015
    #88 + Quote Reply
  10. GDJMSP

    GDJMSP Numismatist Moderator

    I don't understand your question, what exactly is a "bank box in security" ? And if the safety deposit box vault is humidfied, how can it be dehumified at the same time ?

    My comment was rather straightforward, I thought. I built several banks over the course of my career and they always had it right in the specs that the SDB vault be humidified. And all SDBs were always in the same vault. And the reason for the humidifiers is to promote the safe storage of paper and documents.

    Given that, since humidity is bad for coins (but good for paper), safety deposit boxes can be bad for coins in that regard. They are great for security reasons, but bad for storage reasons. So if you use an SDB for coins, you need to take extra precautions in the form of extra silica gel packs to counteract the higher humidity found in the vaults. And check them more often so you can replace as necessary.
     
    GDJMSP, Jun 24, 2015
    #89 + Quote Reply
  11. GotSilver?

    GotSilver? New Member

    Can you guys recommend where I can get a good (aka cheap) silica gel packs (or any other type of dehumidifiers). Also, what's better/cost effective, rechargeable or just the disposable packs. Finally, if I go with silica, is it necessary to go with the color changing ones (how easy it is to tell your silica balls, or packs are saturated)?
     
    GotSilver?, Jun 24, 2015
    #90 + Quote Reply
  12. Paul M.

    Paul M. Well-Known Member

    Let me clarify. I was wondering if there was a place that has some or most of the security properties of a bank box, but was either not humidified or was even dehumidified so it would be safer and easier to store coins there. Such a place could, but need not actually be, a bank vault without a humidifier.
     
    Paul M., Jun 24, 2015
    #91 + Quote Reply
  13. GDJMSP

    GDJMSP Numismatist Moderator

    If there is, I am not aware of it. But some places like you describe may exist.
     
    GDJMSP, Jun 24, 2015
    #92 + Quote Reply
  14. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah - http://www.jpscorner.com/silica-gel-humidity-control.html

    I always used the 40 gram packs - never had one wear out - and 1 40 gm is big enough for most safes. And yeah, the color changing ones are the easiest to take care of as well as the easiest to see when they need changing. Color change is blue - pink.
     
    GDJMSP, Jun 24, 2015
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