Sunday, August 2, 2015

How to properly keep your coin collection

Since medieval times, coins have been used as a symbol for a civilization’s progress and stability. Coins of different content and design represent the civilization’s culture, and because of this, the coin values not only lies in the material they are made of but also the culture they represent. Coin collection has been a hobby of many people, especially the rich and noble in the older times. In the modern era, anyone can have his own coin collection—but not all are capable of preserving them to keep the coin value from depreciating.

Starting your own coin collection requires diligence. Coins are delicate objects, and most are stored for their historical or collector value. Rare coins must be treated with utmost care. Any blemish or tarnished part of a coin can greatly lower its value. Coin collections must be properly stored and handled. Today, we share with you some tips to help you keep your coin collections safe.
  1. Whenever you handle coins, make sure you touch only the edges and not the face. Oil and dirt from your hands can cause the coin surface to tarnish.  Wash your hands before handling your coins to remove dirt and oil.
  2. Store coins in airtight vessels.  There are a lot of options on what storage vessel you can use, but each has its own pros and cons.
  • Cardboard containers lined with clear mylar are the most inexpensive way of storing your coins. However, the plastic can contribute to coin toning and spotting.
  • Coin flips also provide good storage means, although they are not airtight. Coins can still slide around in them and this could result to some minor scratches.
  • There are popular brands that hold coins and they are made from clear acrylic and non-yellowing agent. They offer an airtight seal, and frame the coin nicely so it doesn’t slide around. This is a good way to store your coins, although it can get a bit expensive.
  • Coin slabs are sealed hard plastic holders that are meant for long-term storage and are best used for rare coins. They are very expensive, but still considered as the best way to store coins.
  1. Always keep your coin collection in a cool and dry storage area. Heat and moisture can cause corrosion and will greatly affect your coins’ value.
Coin sellers, like Colonial Acres Coins, also sell these storage vessels. Colonial Acres support collectors to store their coins properly by selling them storage boxes and accessories. Colonial Acres has been in business since 1991 and with their expansive and extensive knowledge in coins, you can trust that you will get the best of coins and the best storage option that is meant to protect and preserve the coin value your precious collection.
Colonial Acres Coins is one of the leading numismatic firms in all of Canada and prides itself by giving collectors the chance to safely purchase coins online along with access lots of helpful information through their informative website. Colonial Acres deals in Canadian & US coins and paper.

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