Sign In or Create Account

Knowledge Center

Will Removing My Silver Products from Their Capsules and Storing them in Tubes Affect Their Value?

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.

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.

Explore More On APMEX



Rare Coins