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Is it OK to keep silver bullion in a PVC wrapper?

lcoopielcoopie Posts: 8,872 ✭✭✭✭✭
in Precious Metals
I just got a 10 ounce bar from Provident of silver, new.

It is sealed in a thick soft plastic wrapper

I smelled it for some reason, and I think it has PVC in it, smells like slip covers


I wonder if that is the usual way of keeping silver?
LCoopie = Les

Comments

  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I smelled it for some reason

    "Bullionaires sure are some funny people, aren't they?" image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭
    If it's an original sealed bar, I wouldn't worry about it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I've got dozens of bars in their original PVC. I actually look for bars like that. Some are easily 20 years old, some probably much older. No problems with any of them.

    The vinyl might become brittle over time, but that won't effect the silver. If I had bars in original vinyl where the vinyl was becoming noticeably "melty", I would be a little concerned. Maybe just concerned enough to remove them from the vinyl.

    image
    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
  • SilveraholicSilveraholic Posts: 197 ✭
    After years of sitting in that plastic it may get a little bit of PVC residue... so what, it's bullion not a numismatic coin. I can't see that affecting the value very much. It will just go to the refiner rather than getting resold to another stacker.
    Veni, Vidi, Vici
  • lcoopielcoopie Posts: 8,872 ✭✭✭✭✭
    thank you all

    I will stop smelling my stuff

    LCoopie = Les
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <i>thank you all

    I will stop smelling my stuff >>



    image
    Becky
  • tneigtneig Posts: 1,505 ✭✭✭
    I don't like the slimy feeling.
    COA
  • SilverBaronSilverBaron Posts: 767 ✭
    After a bit of time, depending on storage conditions ......

    the PVC starts to break down and gets slick.

    It may not hurt the silver buttttttt it does get messy .... so .....

    Just go on Flee-Bay and look up 10oz. sleeves. You may find that a pack

    of 100 will run you $30 +/- ...... then simply replace and you are good

    for another 10 years or so.



    Keep on Stack'n!!
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • johnny9434johnny9434 Posts: 28,335 ✭✭✭✭✭


    << <i>I don't like the slimy feeling. >>

    not many of us do
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    does silver even react to PVC?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 1jester1jester Posts: 8,637 ✭✭✭
    I would take them all out and give them a good acetone bath before putting them into some kind of inert plastic (mylar or maybe even food-grade zip-locs). I've had coins ruined by PVC and wouldn't trust my bullion with it either.

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I would not leave them in PVC... could stay inert for some period, but once it starts, it gets messy. Cheers, RickO
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