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How should I store 90% silver?

wheatguywheatguy Posts: 359 ✭
in Precious Metals
I have a random assortment of 90% silver I'm keeping in a Ziploc bag. Is that okay, or would something else (i.e a glass jar) be better? Thanks.
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Comments

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Ziplock is ok for short term--a year or two. I'd be a little worried about possible PVC damage, but that threat is probably very low. A glass jar is fine, too. The mint stored those coins in canvas sacks, so that would work and might impart some toning after a long period.

    I can't bring myself to store coins in anything less than tubes, so that is what I use.
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  • dontippetdontippet Posts: 2,609 ✭✭✭✭
    How about paper coin rolls? I assume that would be fine long term, correct?
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  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭


    << <i>How about paper coin rolls? I assume that would be fine long term, correct? >>



    That would be fine. May get some nice toning on the end coins over time.
  • Musky1011Musky1011 Posts: 3,899 ✭✭✭✭
    put em in a coffee can
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  • jmski52jmski52 Posts: 22,906 ✭✭✭✭✭
    For practical purposes, a canvas bag or a small sack is good. For small quantities, paper rolls or plastic coin tubes work fine.

    A ziplock bag is no problem except that it might tear or give out. It is not a problem with pvc because LDPE typically doesn't include any plasticizers.
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  • PerryHallPerryHall Posts: 46,241 ✭✭✭✭✭


    << <i>Ziplock is ok for short term--a year or two. I'd be a little worried about possible PVC damage, ...... >>



    Zip lock bags for food storage are made of polyethelene and should be safe for storing coins.

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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Good to know about the plastic bags!
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
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  • PachuckoPachucko Posts: 85 ✭✭
    +1. Thanks for the info. I'm guessing they're safe for storing sterling as well?
  • TomBTomB Posts: 21,350 ✭✭✭✭✭
    Food storage bags such as Ziploc are not allowed to contain PVC. I store my 90% silver in paper wrappers or plastic tubes.
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    plastic tubes, a large glass jar, or canvas bags.
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  • wheatguywheatguy Posts: 359 ✭
    I just ordered some plastic tubes, those should be good for me as I just started stacking.
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  • ocon4008ocon4008 Posts: 1,703
    I thought the conventional wisdom was Taco Bell napkins.image
  • keepdachangekeepdachange Posts: 1,374
    send them to me and I'll store them for ya image
    "If you hit a midget on the head with a stick, he turns into 40 gold coins." - Patty Oswalt
  • wheatguywheatguy Posts: 359 ✭


    << <i> send them to me and I'll store them for ya >>



    image
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  • bestmrbestmr Posts: 1,780 ✭✭✭
    I have a lot of mine stored in a plastic coin counter jar. That way I know how much I have atm. I also have nicer one's, AU/BU, in cardboard flips stored in a very nice box that mkman123 gave me. Whatever works for you though is the best way to store them. image
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  • CaptHenwayCaptHenway Posts: 32,252 ✭✭✭✭✭
    A Crown Royal bag works just fine.......
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • BNBAnalyticsBNBAnalytics Posts: 400
    Plastic tubes are good.
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    I have a hole in my back yard that will hold them just fine! image
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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,369 ✭✭✭✭✭
    Wool sock stuffed with Taco Bell Napkins on the sunny side of the window sill.
  • ttownttown Posts: 4,472 ✭✭✭
    I've stored junk silver about all the ways listed above. I setteled on the .50 cent plastic tubes that you count once and can determine how much silver you have. They store well too.
  • CaptHenwayCaptHenway Posts: 32,252 ✭✭✭✭✭
    FWIW, if you buy plastic tubes to store your junk silver in and someday sell it to a dealer, he will dump it out of the tubes and run it through a coin counter. He will not pay you for the tubes.

    Zip-loc bags (or Crown Royal bags) are just fine. Count it once and throw a note in there for your own sake.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ttownttown Posts: 4,472 ✭✭✭


    << <i>FWIW, if you buy plastic tubes to store your junk silver in and someday sell it to a dealer, he will dump it out of the tubes and run it through a coin counter. He will not pay you for the tubes.

    Zip-loc bags (or Crown Royal bags) are just fine. Count it once and throw a note in there for your own sake. >>



    yep that's why I take em home. It's very easy for me to grab $100 face out of the SDB, he's going to count them anyway and I have extras as I aquire more over the years. Silver coins get rater heavy and I've had a few zip locks open on me over the years it all depends on how much you have.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    My dealer has a huge box of used coin tubes. Whenever I buy 90% from him, he gives me used tubes at no cost.

    I don't know if I'd buy new tubes for junk 90%. But then again, I don't have to. And having coins in pre-counted, pre-sorted tubes makes them easier to sell online and to ship.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • CaptHenwayCaptHenway Posts: 32,252 ✭✭✭✭✭
    The funny thing about buying junk silver in coin tubes is that people have a tendency to fill them tight, so that you might find 41 or 42 or 43 quarters in a tube and 52 or 53 or 54 dimes in a tube.
    That is why I dump them out and count them, so that I do not cheat the customer.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • wheatguywheatguy Posts: 359 ✭
    Thanks, I'm using the square tubes now.

    One thing I don't like is that if it's filled it doesn't go all the way to the top. About 54 dimes completely fill a tube, so I have to keep counting to make sure I have the appropriate amount in the tube.
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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I like paper bank rolls. I have a box full of tubes I'm not usingimage
    Avid collector of GSA's.
  • RobbRobb Posts: 2,034 ✭
    I use the snack size (off brand/generic) ziploc bags to store lots by $25 FV. I use a Sharpie to write "$25 FV 90%" across the top. The bags can be reused time and time again. By using the snack size you eliminate the problem of weight ripping or opening the bag.
    imageRIP
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>I use the snack size (off brand/generic) ziploc bags to store lots by $25 FV. I use a Sharpie to write "$25 FV 90%" across the top. The bags can be reused time and time again. By using the snack size you eliminate the problem of weight ripping or opening the bag. >>



    I ship in those wrapped HEAVY & TIGHT with duct tape! Technique learned from fellow memberimage
    Avid collector of GSA's.
  • derrybderryb Posts: 36,956 ✭✭✭✭✭
    The freezer

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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,369 ✭✭✭✭✭
    ...image
    another option is to trade it in for .999 silver then one can have almost ten percent more silver for the same amount of space being taken up.
  • MaineJimMaineJim Posts: 749 ✭✭✭✭✭
    I use paper coin rolls. I focus mainly on halves and use the brinks boxes I get from the bank for long term storage. They are a nice size and fit well in a SDB. I do like the look of the silver in the plastic tubes though and have a few hanging around the house.

    Maine_Jim
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