coin storage cost

Started by serial, March 26, 2014, 04:13:29 PM

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serial

so who else here spends more on coin storage than raw coins. now I am not talking about the cost of boxed silver proofs, proof sets, mint sets, pnc's etc. I am talking about raw loose coins that you sort, grade then store.
I for one spend more on 2x2's, mylars sleeves and file holders than I do on my coins. however i think it is worth it when I see so many coins rescued from old tins, jars and envelopes where they have spent the last 40+ years of their lives just avoiding the damage that dooms the rest of the collection. it pains me to see mint state coins ruined by a spot of verdigrais or bag marks from bouncing around with hundreds of sub par coins
so I ensure that in my care they live to see another 40 plus years looked after for the next generation to enjoy

yah post 30
20 to go

trout

I don't spend more on storage than on coins but I do spend a fair bit on supplies.
At the moment I have a large portion of my collection in 12x PPH 3 ring Binders.
each page takes 20 coins in 2x2's or saflips and you can get up to 30 pages in each album.
I store all my albums flat so no worries with the dreaded sagging coin in the self adhesive 2x2 drama.
All the storage items are PVC free and are a joy to use.
I only started to use these last year because I had damaged or ruined many coins in those bloody push in Danscos and Whitman albums.
I also had hundreds of coins in PVC rich albums but managed to salvage quite a large percentage of these with the aid of acetone as they were not too far gone.
Some however were ruined in only 3-4 years in the crappy PVC environment :dash1:
My Dollar coin collection will eventually be all in PCGS slabs which I will store in the blue boxes they supply when they post the coins back in.
This will take some time as I have hundreds of the little buggers to be graded.
I have also started to get my proclamation coins slabbed as well , That won't take long as I only have about 30 of these so far :)
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

stevo1962

I decided about 6 months ago that I would send all of my best coins to PCGS for slabbing.I've
sent about 60 coins so far with another 50 or 60 to go so you can imagine the cost there.
Needless to say I haven't been buying many coins lately
It\'s not about who you know it\'s about what you know

serial

yes don't get me started on the cost of pcgs'ing my coins! 1 batch and I now look to buy things pre-slabbed if I want them in a slab
I might have to send a couple of coins of every 6 months via a 3rd party and just hope over time to catch up

trout

Quote from: 'serial' pid='44886' dateline='1395814005'yes don't get me started on the cost of pcgs'ing my coins! 1 batch and I now look to buy things pre-slabbed if I want them in a slab
I might have to send a couple of coins of every 6 months via a 3rd party and just hope over time to catch up

It is actually far more economical to send large batches in for submission than several small batches.
The postage is the killer, both to the States and back.
If you send small batches 2-3 coins at a time it could work out twice as expensive per coin. :ok:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

serial

I was thinking of using ngc for some of the coins I have been uploading pics of

123456789

I do think slabbed is the way to go for your best coins but is dose work out costly. What is the avarage people are paying per coin with all other cost included? I'm based in the uk and send mine to Paris though my coin dealer and it costs about $75 each at today's exchange
What I don't understand is how you can purchase slabbed coins for less then what it would cost you to get them slapped. You will often see slabbed coins with good grades  sell for 20/30$
I picked up a 1949m ms64rb  for 50$ last year so I saved 25$ on slabbing and got a free coin

stevo1962

Some slabbed coins are barely worth the price of slabbing.That would generally be because the
original owner thought it would grade higher so they will sell it cheap and make money on the coins
that did grade better.As for cost I pay $25 for decimals usually up to a value of $300 and $40 for a
predecimal up to about $300 value and $65 per coin valued $300-$3000.These are through a third
party and are inclusive of freight to and from PCGS
It\'s not about who you know it\'s about what you know

bjacoins

I have started using quadrum capsules along with their lighthouse trays.  If I upgrade a coin I can take it out and put it in saflip and post it and then the new one goes in the old holder.  I think coins look great against the black holder and the red tray.  It works out to $3-4 dollars per coin including both tray and capsule.  For my common stuff or my detecting finds I throw them in self adhesive 2x2s and then into the big folder.  Bullion goes into tubes, you just have to find a US size to match.  And the really good stuff goes into a vault, which when I think about it kind of defeats the purpose of having coins and getting enjoyment from them.

serial

stevo
can you please advise whom you do that through?

bjacoins

serial check out drake sterling

serial

I will thanks mate. Believe it or not but u are not the first person to mention his name.just a pity he is over east

robbiegal

36 posts!!
keep ém up!! :yahoo:

serial

Lol yes I have learnt that if I have consecutive Posts then they only count as 1 post so no more pics of coins till I get responses ;)

robbiegal

anyways
it's fun seeing the numbers go up for you!
and fun to have a few new members around too

I do like the look of that '27 penny of yours - It looks nice
Friday's Photos is a great thread to post coin pics (on Fridays!)
cheers