Storing and Caring for Your Coins
We regularly get asked questions about proper care and storage of coins. For serious collectors and investors, maintaining the condition of coins and bullion is especially important, so we’ve compiled some helpful recommendations to make sure your precious metal investments maintain their beautiful condition and value over time.
Tips for Cleaning Coins
More often than not, cleaning a coin can diminish its value. In many cases, you’re better off not cleaning your coin at all. If you must, a high-quality, mild soap is best mixed with distilled water. Pat the coin dry with a soft towel but don’t rub it. Doing so can scratch the coin. Do not use any metal cleaners on your coins!
At the end of the day, you should avoid cleaning your coins if at all possible. If the coin must be cleaned, take it to a professional.
How to Handle Coins
Always hold a coin by its edges between your thumb and forefinger. Doing so will keep fingerprints, natural oils and dirt from the surface of your coin. Fingerprints are quite difficult to remove from a coin and your natural oils can be corrosive to the coin’s metals. Always wash your hands thoroughly before handling coins. Alternatively, you can wear soft cotton gloves while handling coins, but practice the same care to hold the coin on its edges to prevent scratches.
To prevent drops that could damage the coin, hold it over a soft surface like a towel or pad. Be careful to not speak over your coins. Should a drop of saliva land on the coin, it can be very difficult to remove.
Proper Coin Storage
Coins should remain in their original packaging whenever possible. If you have to remove the coin from its original packaging, consider other storage options like cardboard holders, plastic tubes or hard plastic holders. Keep all of your certificates of authenticity with the coin. These certificates are considered part of the coin, and losing a coin’s certificate could diminish the value or make it more difficult to resell.
Store your coins in a cool and dry place. Moisture can tarnish a coin and leave spots, which diminishes the coin’s value. To that end, avoid storing your coins in areas that experience drastic temperature shifts, like an attic or a basement.
Understanding proper coin care and storage will keep your collections in great condition for years to come and maintain values should you choose to sell in the future. If you have further questions about proper coin care, don’t hesitate to contact our knowledgeable staff!