How To Care For Rare Coins
People of various ages and backgrounds enjoy the pastime of coin collecting. To protect and preserve your rare collection is equally important to know how to care for rare coins. For some, it is a way to connect with history and an opportunity to build up a valuable collection of coins that they can pass down to future generations. For others, is here to help folks make a profit by buying and selling coins.
Storage Is Crucial
The first step to caring for rare coins is to store them properly. It is important to keep rare coins away from direct sunlight and extreme temperatures, as these can cause damage to the metal. Coins should also be stored away from sources of moisture, as this can cause them to tarnish and corrode. Investing in a quality coin storage box or display case is one of the best ways to keep rare coins in good condition.
Handle Delicately
Handling rare coins should be done with extreme care and caution. Your coins should never be handled with bare hands, as the oils and acids in your skin can cause damage to the coins. Instead, use soft cotton gloves or a clean cloth to handle coins. You should also avoid rubbing, polishing, or cleaning coins, as this can damage the patina and reduce the coins’ value.
Inspect Often
Inspecting coins is also an essential part of preserving them. Watch out for any damage indicators, such as fading, scratches, or dents. It is recommended to have the coins professionally evaluated and, if necessary, restored if you find any damage.
Purchase Certified Coins
Making ensuring that your coins are certified is crucial. Strict records are kept of the number of coins from a specific date and denomination that NGC (Numismatic Guaranty Corporation) and PCGS (Professional Coin Grading Service) has certified since their founding in the mid-1980s. These records, also known as population reports, provide the most precise information for estimating a coin's rarity. Be wise, by carrying out the procedures for how to care for rare coins described above.
This way you can ensure that your rare coins remain in good condition and are well-preserved for years to come.