Top 7 Ways to Ruin Your Coins
Truth is, there are a lot more than our ‘7 Ways to Ruin Your Coins’ discussed here. Instead, these are the things we think are the seven best (or worst) ways to ruin your coins. Most are things that many beginning collectors do without even thinking about them. we’ve even seen expert coin dealers spitting on their coins! If you care about protecting the investment you’re making in your coin collection, take the time to learn how to properly handle, clean, store, and protect your rare coins.
1. Touch Your Coins
Just touching your coins with your bare fingers is enough to cause damage to them, especially if you collect higher grade coins. And you will definitely damage them if your fingers come in contact with mint-state and proof coins. Your fingers contain oils and miniscule pieces of grit that will adhere to the coins and cause them to discolor or suffer microscopic scratching. When you handle your coins, wear cotton or latex gloves, and handle only the edges. Bottom line, regardless of how clean you think your fingers are, your coins will prove you otherwise. Just don’t do it.
2. Clean Your Coins
With the exception of freshly dug-up detector finds, cleaning or polishing your coins will do more harm than good. Once metal has been exposed to the air, it is natural for it to oxidize, or tone. If you strip the coin of this toning, not only will you lose any remaining mint luster, the coin will appear harsh and unappealing, and suffer microscopic abrasions that lower its grade. Plus, toned coins are worth more than stripped coins. If you really must clean them, clean coins safely.
3. Spit on Your Coins
4. Break Their Holders
You are certain to greatly decrease the value of your mint set and proof set coins by removing them from the mint-issued holders they come in. The holders, along with the box and literature (if any) are part of the “set” and should be kept intact and pristine. Similarly, coins that have been slabbed are worth a premium in their protective cases. Never remove coins from these types of permanent holders.
5. Expose Them to Acid
6. Coat Your Coins in Green Slime
Another good way to cause spotting and degraded surfaces is to store your coins in PVC-based plastic flips, holders, and boxes. Similar to the way the acid in paper can harm your coins, the chemical by-product of certain plastics can damage your coins over time. If you store coins in those handy food-grade plastic containers, or in soft, pliable coin flips, your coins will eventually develop a slimy green coating on their surfaces which will damage them permanently.
7. Expose Them to the Elements
If you’ve got old, unwanted gold and silver coins and want to find out how much they are really worth, contact The Coin Co. Ottawa today and set up a free in-home or office evaluation. You’ll be glad you did!
1150-45 O’Connor Street @ Ottawa, ON K1P 1A4 @ 613.668.5123 @ email@example.com