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<p>[QUOTE="Clawcoins, post: 4855065, member: 77814"]Any and all ways.</p><p>It depends upon your locale (safe neigborhood, etc), how much value is in the coins, your ability to safely store it (and your own definition of), your ability of spending $$$ whether on a safe, insurance, SDB, etc.</p><p><br /></p><p>Many people tend to hide things under the floor or in a "safe spot".</p><p>Other may get various safes of various qualities (walmart bought vs safe store bought).</p><p><br /></p><p>Inventory-wise I have pictures of all my coins.</p><p>I also have an Excel spreadsheet of them, when they were bought and purchase price. They're numbered on the spreadsheet, and also in the inventory images. If you have a lot, it may take some time to do it. Also as you photo skills improve you may end up redoing them .. over and over again <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>The question that always pop up back to someone asking about this is</p><p>(a) how much dollar value to safely store</p><p>(b) what budget to buy a safe or SDB (Bank Safety Deposit Box) or alternate location</p><p>(c) how often you look at your collection. makes no sense to store it way off-site if you like to look at it every day.</p><p><br /></p><p><br /></p><p>some people just store circulated change quality coins,</p><p>some store high quality, graded coins, bullion grade coins, bullion ...</p><p>It is quite endless and so are the possibilities.</p><p><br /></p><p>Many times people don't want to spend money to safely store their coins. For instance a SBD has an annual fee, which if you think if your coins as an investment is a additional fixed cost overhead to the value of those coins which may or may not be recoupable over time.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 4855065, member: 77814"]Any and all ways. It depends upon your locale (safe neigborhood, etc), how much value is in the coins, your ability to safely store it (and your own definition of), your ability of spending $$$ whether on a safe, insurance, SDB, etc. Many people tend to hide things under the floor or in a "safe spot". Other may get various safes of various qualities (walmart bought vs safe store bought). Inventory-wise I have pictures of all my coins. I also have an Excel spreadsheet of them, when they were bought and purchase price. They're numbered on the spreadsheet, and also in the inventory images. If you have a lot, it may take some time to do it. Also as you photo skills improve you may end up redoing them .. over and over again :) The question that always pop up back to someone asking about this is (a) how much dollar value to safely store (b) what budget to buy a safe or SDB (Bank Safety Deposit Box) or alternate location (c) how often you look at your collection. makes no sense to store it way off-site if you like to look at it every day. some people just store circulated change quality coins, some store high quality, graded coins, bullion grade coins, bullion ... It is quite endless and so are the possibilities. Many times people don't want to spend money to safely store their coins. For instance a SBD has an annual fee, which if you think if your coins as an investment is a additional fixed cost overhead to the value of those coins which may or may not be recoupable over time.[/QUOTE]
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