Gold Coins - Storage thoughts?

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Freddy
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Gold Coins - Storage thoughts?

Postby Freddy » 10 January 2017

I have to say I am very disappointed with the airtites I just bought a rare gold coin that is worth right around twice spot. I bought the 21mm airtites with the foam rings after doing some research because I did not want the coin to move around. (It is a little less than than a tenth of a mm off the standard size). I put the coin in and it moves around both laterally and up and down. I am very disappointed. Any suggestions?

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MetalsZone
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Re: Gold Coins - Storage thoughts?

Postby MetalsZone » 16 January 2017

To everyone: None of the gold would EVER be moved, that'd be pointless, it'd just change names on paper. It's all definitely still there. You could certainly argue the conspiracy that the US doesn't actually own any of the gold that they hold in that vault though, and that they're just holding it there.

If all the gold in American vaults hasn't been dumped on the market to support the dollar, then why wasn't there enough gold to give the Germans their gold back. They even refused to let the Germans inside to inspect their gold. 

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SilverSnake
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Re: Gold Coins - Storage thoughts?

Postby SilverSnake » 21 February 2017

depending on whether you want to store and protect or just store, if its just store the options are endless as you can store under the bed in cupboard in chairs in attic etc , if you want to protect your bullion also to prevent milk spotting or tarnishing, your will need an airtight container of your choice, coupled with anti tarnish pads and silica gel packs in the airtight container you have chosen, be it vacuum shrink warped, tubs, boxes, or barrels, someone mentioned to avoid products made of pvc.

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TonyJ
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Re: Gold Coins - Storage thoughts?

Postby TonyJ » 28 March 2017

They are a good solution but i have moved onto empty monster boxes now as my stack grows. The problem is the corners are rounded and i find the monster boxes pretty good and most perth mint proofs fit perfectly in it standing up.

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Freddy
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Re: Gold Coins - Storage thoughts?

Postby Freddy » 22 May 2017

I store my stuff variously, but I'm not as concerned with keeping it nice & neat like a lot of people. I'm buying the metal for the metal, so whether everything looks pretty isn't so much what I focus on. What I don't do is put it into a banks hands. You can store it with trusted loved ones, which I've done in the past. And of course, there are all kinds of clever ways that you can find to store it in your house. Obviously, don't go for closets, under beds, or toilet tanks. Those are obvious places that criminals look and kids can find easily. A small fire safe that can be readily hidden isn't a bad idea. Not that the metal is in danger of burning up, but you'd hate to have a house fire and then be out trying to find your lump of charred gold mixed with burnt plastics. That would be a disasters! Multiple diversion safes area good idea. You can get some that look like books, clocks, spray cans, etc... They can often work pretty well. Burial in the ground is something I've done as well. You can also store them in the bottom of a newly potted plant, but only if you're prepared to leave them there for an extended period. The sky is the limit. If you're handy, there is no reason why you can use some of the dead space in your walls to store pre-determined amounts.


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