Coinscollections is a special activity, that is highly regarded. Rare coins are very valuable and attract a lot of value and attention in the market. While some people collect coins for prestige, other people collect coins for business purpose only and others to maintain a family heritage.
It is, therefore, extremely important for one to understand the intricate process of handling and caring for rare coins, as one may devalue them by how they are handled. We will focus first and foremost on the two most important processes of cleaning and storing a collection of coins.
A word of Caution! Never wash uncirculated coins.
In general, circulated coins can be washed, although with a lot of care, since after passing so many hands, they may be scratched, and therefore, for better storage, you might need to gently clean them, for a safer storage.Whenever you need to do so, consider the following process.
- Wash your hands well to remove all the oils and grit.
- Add a small mild detergent that is none chemical based to a small amount of warm water.
- Prepare a separate container with fresh clean water for rinsing.
- Set up a drying station with a dry towel that is soft.
- Using a soft sponge, clean from the center outwards gently.
- Rinse and dry immediately using the soft towel.
In order to protect toning while cleaning, which makes up part of the value of the coin, avoid brushing and strickly do not use any kind of chemicals. Avoid as much as possible to interfere with the natural coloration of the coin as its part of the coin’s aging. Remember to wash the coins only one by one and handle them from the edge to avoid smudging them again with the finger prints.
After the all important cleaning process is complete. The second part of care and handling coins is the storage of coins. There are different methods of storing coins and we will go through the most recommended ones by the experts.
- Envelops have been used for a long time and are still very useful, use acid free envelops and using photo safe ink pen, label the envelop as you wish, preferably with date of the storage. Remember each coin should be stored on its own envelop.
- Flips, which are PVC free platic bags are also a great choice, since coins can be viewed without removing them from the flips.
- Coins dealers also use special storage boxes with grooves or slabs that are also good in maintainig the coins.
- Ensure that all your coins are stored in a relatively low temperature with low humidity possible as coins are prone to water damage.
Your Coins Security
Safety of your coins should be a high priority, since rare coins attract a lot of unwarranted attentions. To ensure the security of your coins, never leave your coins unattended, be careful who your transacting with or exchanging information regarding your coins collections. And whenever you attend a coin show or special exhibition make sure to remove your special coins badge as these badges are known as rob-me badges.