You have spent the time and money building up your coin collection; don’t
let it go to waste with improper handling. To keep your
coins in great condition, read on for a few tips.
Store Your Collection
Storing your coins—or any other collectibles—properly is going
to be integral for maintaining the value of each item. Not many people
will pay money for a rare coin that was left to degrade when it could
have been easily stored. Depending on what kind of coins you are storing,
there are various methods you can use. From binders and folders to air
tight containers, you have several options for protecting your coins.
Research the value and type of coin that you have to be sure you are purchasing
the proper storage device.
Catalog Each Item
A true coin collection is
incomplete without a good inventory list. The inventory list, or catalog, will typically have the year of the coin,
the mint mark, denomination, and the country the coin came from. There
are further details you should provide, if you are able to. These details
would include notes on the coin’s condition and if and when the
value has changed. With a detailed catalog, you will know exactly what
coins you have, as well as any value they retain. This will come in handy
should you ever try to sell or insure the collection or a coin.
Don’t Clean Your Collection
While some collectibles are only desirable if they have been cleaned and
updated, this is not the case with a coin collection. Coin dealers actually
prefer coins that have a natural color to them, rather than an artificial
shine. If they receive a coin that has been preserved the right way, and
it looks clean and shiny because of preservation, then they will gladly
accept it. Otherwise, do not clean your coins, no matter how dirty they look.
Coins of the Realm, Inc. is your expert in collectible coins in Rockville,
MD. We can help you maintain and track the value of your coin collection,
so don’t hesitate to give us a call at (301) 340-1640 if you have
questions about your valuable rare coins.