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The best way to store your Silver & Gold..


lst65

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Very excited today to receive our first silver bar and a small (very) gold bar. More Silver to come later this week. The question I have please…this will be being stored…what’s the best way to ‘wrap’ the bars? 

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This is my own strategy and may differ to others... 

Coins kept in tubes as it takes up less space.

Single coins in capsules unless already toned or marked then no point I suppose. 

And bare bars that dont have packaging I give them a dry wipe and wrap in a piece of cling film.

All gold I keep in original packaging or capsules. 

Try your best to keep silver clear from moisture (a lot of people wear gloves) but in all honesty if it's just bullion then there's no point being too obsessed as even with your best efforts it can still end up with Mark's or toning.

proof coins should never be touched with bare hands though.

I like to buy the pre-dip dip

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5 minutes ago, James32 said:

This is my own strategy and may differ to others... 

Coins kept in tubes as it takes up less space.

Single coins in capsules unless already toned or marked then no point I suppose. 

And bare bars that dont have packaging I give them a dry wipe and wrap in a piece of cling film.

All gold I keep in original packaging or capsules. 

Try your best to keep silver clear from moisture (a lot of people wear gloves) but in all honesty if it's just bullion then there's no point being too obsessed as even with your best efforts it can still end up with Mark's or toning.

proof coins should never be touched with bare hands though.

Also add if the bar has a premium then maybe considering a capsules for that too.

I like to buy the pre-dip dip

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23 minutes ago, James32 said:

This is my own strategy and may differ to others... 

Coins kept in tubes as it takes up less space.

Single coins in capsules unless already toned or marked then no point I suppose. 

And bare bars that dont have packaging I give them a dry wipe and wrap in a piece of cling film.

All gold I keep in original packaging or capsules. 

Try your best to keep silver clear from moisture (a lot of people wear gloves) but in all honesty if it's just bullion then there's no point being too obsessed as even with your best efforts it can still end up with Mark's or toning.

proof coins should never be touched with bare hands though.

Thanks so much again for your advice and support. I have bought some padded postal packets to place them in as well - should be both waterproof and protective?

Really appreciate your help. 

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16 minutes ago, lst65 said:

Thanks so much again for your advice and support. I have bought some padded postal packets to place them in as well - should be both waterproof and protective?

Really appreciate your help. 

Any time, that's what we're all here for👍

I like to buy the pre-dip dip

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It depends on where you keep them. Minted bars, especially highly finished ones, should be protected against scratching, so some kind of cushioning as you say is good.

Keeping them protected from dampness is an idea, some people go to great length (vacuumizing), but I think that putting some silica gel pads into the same compartment should be enough.

I only own poured bars, I'm keeping them in a safety deposit box, wrapped in velvet cloth. I haven't really seen them in years.

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In a sturdy chest buried on a desert island with a map to remind you where you left it. 😁

Sorry I couldn't resist...

On a serious note though avoid any containers or plastic wallet/pages etc. that contain PVC, this can leach out and damage the surface of coins.

Edited by SidS
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3 minutes ago, James32 said:

I assume they mean vacuum bags, where you take the air out with a Hoover (used for clothing/bedding etc) 

Yes get a dirty hoover bag full of dust and shove all your silver and gold in there 😁

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt. My favourite chat up line - J'adorerais te mettre dans la pipe.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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6 minutes ago, James32 said:

I assume they mean vacuum bags, where you take the air out with a Hoover (used for clothing/bedding etc) 

Was referring to these only in smaller dimensions. 

Screenshot_20211024-220718_Chrome.jpg

I like to buy the pre-dip dip

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1 minute ago, Bigmarc said:

Do Hoover's still have bags? 

My old bag still pushes hers around - so yes!

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt. My favourite chat up line - J'adorerais te mettre dans la pipe.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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25 minutes ago, Bigmarc said:

I have one that sits in the back of the cupboard. I went through a phase of buying all my meat in bulk and freezing it. Turns out the bags are more expensive than the meat it self.

🤣🤣🤣 it's always the way 

I like to buy the pre-dip dip

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4 hours ago, Bigmarc said:

You can pick these up on FB market place for less then £10. Food sealers. 

https://youtu.be/cIl7U9xbM1M 

 

I see Steve Davies has moved on from showing off his personal sample pile carpet collection in the video, what an interesting man! He'd make a glass eye fall asleep with his monotone voice! He must be short of a few quid from not playing snooker anymore by going to lengths by vacum sealing his testicles before crushing that can. These ex celebrity snooker pros will do anything to make few bob nowadays! Poor bloke! Times must be tough!

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt. My favourite chat up line - J'adorerais te mettre dans la pipe.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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3 hours ago, HerefordBullyun said:

I see Steve Davies has moved on from showing off his personal sample pile carpet collection in the video, what an interesting man! He'd make a glass eye fall asleep with his monotone voice! He must be short of a few quid from not playing snooker anymore by going to lengths by vacum sealing his testicles before crushing that can. These ex celebrity snooker pros will do anything to make few bob nowadays! Poor bloke! Times must be tough!

Some of the other members have started making videos of pouring and rooting through the loft, so I thought I would have a stab at it. Vacuum sealing random objects is a great hobby of mine and much like accumulating metals, i now feel it's best left behind closed doors. 

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1 hour ago, Bigmarc said:

Some of the other members have started making videos of pouring and rooting through the loft, so I thought I would have a stab at it. Vacuum sealing random objects is a great hobby of mine and much like accumulating metals, i now feel it's best left behind closed doors. 

Sorry mate I didnt reliase it was you! And if its any consolation my face looks like its been through a vacum sealer about 45999 times!

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt. My favourite chat up line - J'adorerais te mettre dans la pipe.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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