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How Should I Store My 1 oz Silver American Eagles BU?

An American Silver Eagle is facing obverse-up.

Follow these guidelines to keep your American Silver Eagles and other coins safe.

Several options are available to safely store your Brilliant Uncirculated 1 oz American Silver Eagles.

  • Keep your Eagles in their original or mint packaging. That could be either a tube or a monster box and is a great option if you plan to liquidate your Silver American Eagles in the future.
  • Keep your Silver Eagles in a coin storage box. If you plan to store your Silver in a secure location like a safe or safety deposit box, you will need a coin storage box.
  • Find a coin storage album. These are perfect for keeping your collection consolidated, organized, and accessible.
  • Store your American Silver Eagles in individual coin capsules. If your collection is not large enough to warrant an album, this may be the right decision.

Make Sure Your Coins Fit in Their Holder

Your Eagles will be kept safe from damage no matter which options you choose if you ensure that the container you have chosen fits your Silver American Eagles. If your Eagles are loose in their storage container, they can shift and come in contact with one another, which may cause damage.

It is imperative to keep coins dry to prevent deterioration. Store them in a dry area, and avoid spaces with temperature fluctuations and humidity, like a basement or bathroom. If moisture is a factor in the room you are storing them, a dehumidifier will help to reduce ambient humidity.

Keep Your Coins Dry

To keep your Silver bullion dry, use desiccant packs in your storage container to absorb humidity. These packets work well to preserve coins. If your Silver Eagles get wet, dry them immediately to avoid damage, using a soft cloth to blot the coin’s surface carefully. If they are exposed to a significant amount of water or have been wet for an extended period, your investment might be recoverable. Find a professional service to have them cleaned and prevent further damage.

Avoid PVC Holders, Flips, and Albums

It is also vital to avoid placing coins like an American Silver Eagle in a PVC holder for any extended period. Polyvinyl chloride can cause damage to coins by reacting chemically with silver when it encounters it. Even worse, the reaction can spread to other silver coins nearby, so any damaged coins must be isolated from the rest of your stack.

If you already use PVC flips, it may be good to inspect your coins for any signs of damage or discoloration and consider one of the options above for safe storage.

Follow these guidelines and avoid over-handling your Eagles to ensure they remain in Brilliant Uncirculated condition. It is always worth considering insurance to protect your investment in the event they are stolen or damaged.

If long-term storage is your goal, it may be worth having them graded to protect their value and keep a record of their condition.

Quick Guides to Investing

Step 1:

Why Buy Physical Gold and Silver?

If you are concerned about the volatility of the stock market, you’re not alone. The extreme highs and lows of the stock market often lead investors towards safe-haven assets, like bullion. Historically, the Precious Metals market has an inverse relationship with the stock market, meaning that when stocks are up, bullion is down and vice versa.

Step 2:

How Much Gold and Silver Should You Have?

This question is one of the most important for investors to answer. After all, experts suggest limits on how much of any types of investments should go into a portfolio. After deciding to purchase and own Precious Metals and considering how much money to allocate, one can then think about how much and what to buy at any point in time.

Step 3:

Which Precious Metals Should I Buy?

With the frequent changes in the market and countless Precious Metal products available, choosing investments can be difficult. Some want Gold or Silver coins, rounds or bars while others want products that are valuable because of their design, mintage or other collectible qualities. Also, collectors may shop for unique sets and individual pieces for their collections.

Step 4:

When to Buy Gold & Silver

After considering why, how much, and what Precious Metals products to buy, an investor’s next step is when to buy them. This decision requires an understanding of market trends and the impact of economic factors on precious metal prices.

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