Can I Store My Coins and Rounds in Tubes without Hurting Their Value?
Consolidated collections are easier to maintain and manage than a slew of loose coins in holders. Can you move them from their capsules and slabs to a tube without hurting their resale value?
The answer depends on what kind of product you are dealing with and what kind of capsule it was sold to you in.
First, it matters what kind of product you are referring to.
If these are silver rounds, like a 1 oz Incused Indian Silver Round or a 1 oz Silver Buffalo, they are typically not graded and are sold primarily for their metal content.
If the silver products you own are numismatic or semi-numismatic products, like a graded American Silver Eagle, removing them from their holder can impact their value.
Second, it’s important to note what kind of capsule your silver product arrived in.
Is it a slab or encapsulation from NGC or PCGS?
If your silver coin came in a graded holder, it has been sonically sealed to preserve its condition. Even if you handle your round or coin carefully with gloves, you will have difficulty getting a return on your investment without paying to have the coin graded once again.
You will still be able to sell it, but if it’s been graded and removed from the capsule, your sale price will probably be lower than your purchase price.
Numismatists and collectors place a premium on coins and some rounds that are unopened and in mint condition.
Removing your silver from its original packaging to store it in a tube increases the chances of scratching and handling marks or, worse, introducing it to foreign contaminants that react to silver. Both of these will result in a loss of value.
An alternative to storing your silver coins in a tube would be to consider one of the boxes APMEX carries designed to hold coins in their slabs and capsules. This will not be as compact as a tube of silver coins, but if you want to sell them, it might be a great alternative.
It is advisable to consult a coin dealer or professional numismatist before taking any action that could impact the value of your collection.
