Here are just a few coin care and currency care tips we've learned over the years for properly taking care of your coin and currency investment.
- Do not clean coins and do not iron or wash paper money.
Doing this could greatly devalue your collection. Most dealers and experienced collectors can spot this immediately.
- The safest place to store your collection is in a safety deposit box.
I've met too many customers who have had their collections stolen from their home… some even had the thief take the entire safe!
- Most collections are stolen by people who know the victim.
Relatives, friends, workers… tell no one what you have. It truly is no ones' business but your own.
- Coin storage is important.
I have coins come in the store in jars, bags, boxes, books, beer steins, etc. This is okay for common, low-value items, but if you're going to keep the collection you might want to consider putting your coins in 2×2 cardboard holders.
The 2×2 cardboard holders a very inexpensive and easy to use. All you need is a good stapler. You can also write on the 2×2 anything you wish – date, grade, what you paid, etc. I like these because the coins won't move inside a properly stapled 2×2.