Bullion Paper Term

Bullion Paper Term-89
Placing packets of silica gel in coin storage areas helps control atmospheric moisture.Containers holding the silver coins or silver bullion have several types of “containers” for coins are available.

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There are several easy tricks for silver hygiene of the trade that professional jewelers have developed to maintain the beauty of silver.

Silver is a soft metal that can be scratched so be careful to rub gently when cleaning.

Be sure to use envelopes made explicitly for holding coins, or your coins may change color (tone) over time due to reaction with sulfur or other chemicals present in the paper.

Bags, jars and boxes are adequate for pocket change and circulated bullion coins.

or other precious metal, you’re probably a coin collector (numismatist), a survivalist or a precious metals investor.

The differences between a collector, a survivalists or an investor is that the collector is more focused on the intrinsic value and condition of each individual item.Never use anything but a clean nub free cotton or flannel cloth, a special sterling silver cleaning cloth, or a very soft bristle brush like a baby’s toothbrush or a horsehair silver brush.Sterling silver dips can be fast and easy but are not recommended by professional silversmiths.On the other hand, the survivalist and investor are mainly interested in the underlying value of the silver or gold content of the coins but, for a number of reasons, prefer holding their investment in physical form.While it’s obvious the collector needs to be more concerned with storage and handling, the survivalist and investor should also be aware of the physical risks to storing coins, ingots and plates. Even though there is a whole industry devoted to storing precious metals, for the purposes of this article, we will consider the two most common storage facilities for the ordinary collector/hoarder: the home and bank safety deposit box.They are fine for bulk storage of circulated coins and can be used for higher grade coins, provided the coins do not move.Yet, a disadvantage is that the coins cannot be viewed without being removed from the tube.Over several years coins may tone due to reaction with sulfur or other chemicals present, and they are therefore not a good choice for long term storage of higher grade coins.Hard plastic holders are preferable for more valuable coins.Plastic “flips” are available in various materials.“Soft” flips are made from polyvinyl chloride (PVC) which decomposes over time with disastrous results for coins.

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