Which coin and currency storage supplies are safe?

Discussion in 'Coin Chat' started by su1977, May 17, 2003.

  1. GDJMSP

    GDJMSP Numismatist Moderator

    I would kind of reluctant to do this. I cannot say for sure if the PVC in pipe would break down over time or not. But what I do know is that the glue would definitely be harmful. PVC glue actually breaks down PVC pipe and welds it together. The chemicals in the glue are very caustic and long lasting.
     
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  3. Bacchus

    Bacchus Coin Duffer

    That is good information.

    Now, a related question: what about Sacagawea dollars in the U.S. Mint paper rolls ? Will they tarnish (tone) because of the paper ? I bought a roll on speculation that the Mint might discontinue them in a few years, and I've read that they tarnish very easily from handling, but I don't know about the Sac's reaction to paper.

    Thanks !
     
  4. National dealer

    National dealer New Member

    Yes the paper will cause them to tone. Sacs react better to paper than the oils in human skin.
    I suggest that you keep them in a nice dark, cool place and throw in a silica gel pack. That will do the most good.
     
  5. Douglas

    Douglas Senior Member

    Yes, it's too bad how circulated Sac's turn color. A BU Sac is a beautiful piece but a circulated one is rather ugly. Maybe the Mint will come up with a solution.
     
  6. jody526

    jody526 New Member

    I believe the Mint is on top of that situation.
    The plan is, to stop issuing them to the public at face value, and start selling them to collectors at a huge mark-up.
    This should solve the problem.
     
  7. National dealer

    National dealer New Member

    Well the only product the Mint is not issuing at this time is the Dime. Before too long, we will all have to buy our change from them.
     
  8. Douglas

    Douglas Senior Member

    But we need a $1 coin people will use, how about vending machines? A machine will always work with coins, not so with bills that are worn, wrinkled, torn. I wish the SOT would get some balls and quit printing dollar bills. I don't have an answer, but when I was a kid, people used $1 coins, what happened, smaller pockets?
     
  9. National dealer

    National dealer New Member

    Well that topic is discussed every year. The BEP makes good money on the $1 bill. It costs about 8 cents to make. Most people are resistant to the idea of having to use dollar coins. The mint has a good point though. Coins circulate 38 years and would cost about 19 cents to make a dollar.
    We are one of a few civilized nations to still use the $1 bill.
    Think of it like this, our treasurer doesn't have the guts to redesign our coins, let alone take away the $1 bill.
     
  10. williamtipton

    williamtipton New Member

    What I wanna know is why that lady at the bank is always tempted to cash that $1500 check and give me like a billion $20 bills.

    If i never see another $20, Itll be too soon :-D


    Also......I have my coins in 2x2, which a I assume are safe......
    But what about the Cowens 2x2 sleeves that i have them in?

    http://www.brent-krueger.com/vinylpages.html

    they claim theyre PVC free, but Should I take them out ?
     
  11. jody526

    jody526 New Member

    I use those three ring binder 20 2x2 pocket sleeves. I've had many of my coins in them for years. So far, no problems.
    Of course, each coin is in it's own individual 2x2 Mylar holder, and I switch to new holders once the old ones start to look ratty.
     
  12. williamtipton

    williamtipton New Member

    Well, does the coin have to physically be in contact with PVC for the damage to occur?
    I dont think my 3 ring binder is archival safe.

    -edit-

    And i just went thru the pages and the ones that havent had any coins put in them yet almost appeared to be damp inside the pockets......

    Im starting to remember why I started nearly having panic attacks over my comics :-D
     
  13. National dealer

    National dealer New Member

    Coins are very tempermental. I would not put any near PVC. It is only supposed to effect them during direct contact, but why chance it.

    If you have moisture, go out today and get some silica gel packs.
     
  14. williamtipton

    williamtipton New Member

    I just took all the 2x2s out of those sleeves...
    They state on the packaging and the website that they are pvc free........but if theyre holding in moisture inside a 3 ring binder thats out in the open air that makes me a bit nervous.

    Ill keep them in the 2x2s, whats a good box to put them in?
     
  15. National dealer

    National dealer New Member

    Any cardboard box will do. Just keep it in a cool dark place.
    I would still suggest a silica pack. They run about $5. Worth their weight in gold.
     
  16. williamtipton

    williamtipton New Member

    is that one of those little bags of rocks that comes with stuff yoiu buy sometimes?
     
  17. National dealer

    National dealer New Member

    Not exactly. Works on the same principle though. Silica gel lasts forever. Every month or so, you stick it in the oven for a few minutes to dry it out, and it soaks up moisture and pollutants. Like I said, worth its weight in gold.
     
  18. jody526

    jody526 New Member

    Never had a problem with moisture collecting in mine, but if it's in your's, I would definately change to something else.
    I also have many 2x2's, with coins inside, and just keep them in the same box that the 2x2's came in. This is mostly for my extras and for coins that I don't want to display.
     
  19. rolltide

    rolltide Member

    Just out of curiosity, what about glass squares? Wouldn't glass be ok? Only danger I could think of is possibly scratching.
     
  20. jody526

    jody526 New Member

    Glass? I don't have any experience with glass squares. I don't think there are any chemicals in glass that would harm coins, though.
    I do have some commemoratives in Lucite holders. They work really well.
     
  21. Douglas

    Douglas Senior Member

    Yeah, you have to "ask" for 50's and hundred's at the bank. Here's a little story though, my wife and I were getting ready to pay at a resturant, she figures up the total with tip and I reach in my pocket. I counted out the money and just left it on the table and walk out. My wife, God bless her, picked it up to recount and low and behold, I had mistakenly put a 100 in place of a ten. The waitress would have been a very happy person. A bunch of us used to go to Boone's Tavern every pay day to cash our checks. Boone always paid in ten dollar bills, he had cigar boxes full of them. We asked Boone why all the tens? His answer was "If I make a mistake, it's only ten bucks". I never forgot that and after my resturant episode it made me remember old Boone.

    Getting back to the dollar bill issue, I think any future coin has to be of a distinctive size and look in order for it to go over. The suzie was a failure and the Sac gets very nasty looking. The Sac is a good size and maybe they could come up with a metal that holds its' luster.
     
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