Coin collections 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 store 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 strictly 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 fingerprints.
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 a photo-safe ink pen, label the envelope as you wish, preferably with the date of the storage. Remember each coin should be stored in its own envelope.
- Flips, which are PVC free plastic 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 for maintaining the coins.
- Ensure that all your coins are stored at 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 attention. To ensure the security of your coins, never leave your coins unattended, be careful who you’re 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.