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The British Coin Forum - Predecimal.com

How do you store Gold Bullion Coins?


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Posted

Hi everyone,

I have about 8 Bullion gold coins (weighing 1 ounce each).

I wondered if anyone has a fail safe method of storing these? I cannot keep them in capsules as they are in their original mint packaging.

I was thinking more along the lines of putting them in those small 'travel sweet tins' and lining them with silk, which would then form a divide between each coin. As i do not want to scratch them in any form.

Does anyone have any suggestions?

Thanks for your time,

James

Posted

What is the matter with the original mint packaging ?

Unless you are a collector this would suffice.

Posted

I feel the mint packaging is a bit too soft. For example if i dug in deep into the plastic i could scratch the coin if i wanted to (24 carat gold)

These coins are also of the Panda Bullion variety and i intend to collect them, so i need to keep them in really good condition.

Posted
I feel the mint packaging is a bit too soft. For example if i dug in deep into the plastic i could scratch the coin if i wanted to (24 carat gold)

These coins are also of the Panda Bullion variety and i intend to collect them, so i need to keep them in really good condition.

I doubt you could scratch the coin from the plastic, I've got a Canadian Maple Leaf bullion coin in malleable plastic that has no scratches on. However, you obviously want to move them from the packaging to somewhere else, so I would recommend coin capsules, which can be bought from the proprietor of this site. Check the dimensions beforehand.

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Posted
I doubt you could scratch the coin from the plastic, I've got a Canadian Maple Leaf bullion coin in malleable plastic that has no scratches on. However, you obviously want to move them from the packaging to somewhere else, so I would recommend coin capsules, which can be bought from the proprietor of this site. Check the dimensions beforehand.

Thanks for your reply Oli,

Personally i would like to move them to coin capsules, but the coins seem to sell more if they are in their original mint packaging.

Indeed, i have a 1986 Panda Coin which has a slight hairline mark, even though it is still sealed in its original packaging. So i am not sure about the protection properties of the plastic.

James

Posted

In an earlier post you said you wanted to collect them, in the previous you take a seller's slant on it. For selling, keep them in the packaging. For collecting, packaging or capsules.

Posted

Oli,

Thats the think really, i want them as part of my collection, but if needs be i might sell them in the future, so i am caught between 'two stones' here.

But nevertheless i will definitely keep them in their original packaging. Its just that i cannot find a box or case small enough to keep them in my safe, and have to resort to different measures of storage (such as the silk method mentioned in my first post.

Thanks,

James

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