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Show More Show Less View Video Transcript
0:04
hey everybody this is coin week editor
0:07
Charles Morgan and I'm at the office at
0:10
the end of a long day about bloats I'm
0:12
getting ready to actually head out to do
0:14
a comic week video shoot at Alpha comics
0:17
where we talk about the new comics that
0:20
come out each week that's for our sister
0:21
site comic week.com and our sister
0:23
YouTube channel I'm going to do a few
0:26
videos this week four-point week three
0:28
videos actually where I'm going to
0:30
discuss different things that I use in
0:33
my collection collecting kabhi and
0:36
things that you can you can do yourself
0:40
to improve your experience I'm going to
0:43
talk about coin storage media today
0:46
tomorrow I'm going to talk about loops
0:48
and microscopes and we show off
0:51
different types of loops and microscopes
0:53
from the intermediate level to the very
0:57
high end professional level things that
0:59
I use everyday and then on the third day
1:03
I'm going to talk about the six or seven
1:06
books that you need to have in your
1:09
library based on whether your interests
1:12
are in US or world numismatics I'm gonna
1:16
unfortunately get the short shrift two
1:18
ancient coin collecting I believe that
1:20
that requires somebody who has way more
1:23
experience in that field and at some
1:25
point I hope maybe I'll get my buddy
1:27
Mike Markowitz to come on and talk about
1:29
his experience going from a beginning
1:32
level
1:32
ancient coin collector to an advanced
1:35
one and what you might need now as far
1:37
as storage is concern and as far as
1:40
loops and things like that I think
1:42
whether you collect modern coins
1:44
classical US coins for coins ancient
1:46
coins metals or paper money even that
1:49
many of these products are versatile and
1:51
can be used I'm going to talk I'm not
1:55
going to give you the complete rundown
1:56
of every product that's available but
1:58
I'm going to talk about products that I
1:59
personally use things that I've used
2:02
over the years of my collection I will
2:04
have links to many of these products you
2:06
can purchase them and support coin week
2:09
by purchasing them through claiming
2:11
supplies and we offer
2:13
you know basically great prices on most
2:16
of these products but also I just want
2:19
to you to see them actually in use I
2:21
want you to see storage media with coins
2:24
in them I want you to understand how I
2:26
do it why I think some of these things
2:28
are better now every collector
2:31
approaches the Hobby differently and and
2:34
I think all of us bring an element of
2:35
our personality and to the coins the
2:38
coin collecting pursuit so these are
2:40
just my my opinions these are based on
2:45
my experience you may have a not only a
2:48
perfectly valid way of approaching your
2:52
collection and your your storage you may
2:56
actually have a better one than I have
2:58
and I would love to hear your ideas and
3:01
suggestions especially you advanced
3:03
collectors I would love to know what
3:05
you're doing and how you're keeping your
3:07
coin safe because not only does that
3:09
help inform me of things that I could
3:11
consider for my own coins and keeping
3:13
them and a great condition is important
3:15
to me but it also may help the other
3:17
collectors who listen to the who are
3:20
watching the stream or who may watch the
3:21
video or as its archived by YouTube now
3:25
the first thing I want to show you a lot
3:28
of us collect slab coins these are coins
3:31
that are graded by you you know PCGS and
3:34
you see your I you know I see G your
3:36
Amex or whatever these are very
3:38
affordable and sometimes you'll see
3:40
dealers when they sell coins put their
3:44
coins in these boxes and send them to
3:47
collectors these are basically
3:50
individual intercepts shield certified
3:54
coin boxes they're currently made by
3:58
would term or lighthouse as a german
4:02
company and as you see they have a spot
4:07
here with inserts you can see the coin
4:11
identification the grade the the
4:14
denomination the date this is a this is
4:17
a washington quarter you know I have a
4:20
silvery eagle and you know this is a
4:24
seven
4:25
century Hungarian silver coin I have
4:30
nothing but a very diverse collection
4:33
and and what this does is this this
4:37
intercept shield technology helps you to
4:43
protect the coins integrity from against
4:47
corrosion by slowing down the exposure
4:50
the coin might have two elements in the
4:52
atmosphere which would cause the coin
4:54
so it's Harnish so so these things come
4:58
like I said in packs of five and I and I
5:01
believe they're I don't know how much a
5:03
pack of five but I think they were about
5:05
eight or nine dollars and you can get
5:08
them on our site and and so I saw many
5:11
of my more valuable coins or points that
5:13
I definitely don't know especially proof
5:15
coins that I don't want its own if they
5:17
have that beautiful black and white I
5:18
might put them in there another product
5:21
that I use is also an interception box
5:25
and you can see it here it's it's really
5:28
very very simple and sturdy box but I
5:31
will show you how this technology works
5:33
now again with the intercept boxes with
5:36
this logo or though are the current
5:38
generation ones that are made by
5:40
lighthouse I will show you the prior
5:43
generation box and tell you why I think
5:45
in some respects that they are superior
5:47
and why you might want to definitely
5:50
look out for those if you can find them
5:51
we do have some in stock so as you can
5:54
see here this box has a grooves and
5:56
these grooves keep your slab coins in
5:59
them
6:00
the NGC holders are a little snug you
6:03
see it's kind of difficult for me to
6:04
pull this out I actually have to put a
6:06
little bit of effort to pull that coin
6:08
out but the the grooves are made for
6:14
both and this will come with these two
6:18
plastic foam inserts that you can put in
6:21
there to sort of keep your coins from
6:23
rattling if you don't have a full full
6:26
box and they will usually come with a
6:29
packet of desiccant the black liner you
6:32
see in here has the intercept shield
6:34
technology and that is what again is
6:37
your points from being tarnished you
6:40
can't fit you know the oversized slab
6:44
holders in these boxes and again you are
6:47
oh I think I don't know let's see 1 2 3
6:50
4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
6:55
19 20 so I guess they are they are set
6:58
up for 20 points
6:59
I never really counted but but so this
7:02
is a 20 coin box like a NGC or PCGS box
7:05
except made out of cardboard but it does
7:07
have that intercept technology and if
7:09
you leave your coins in the blue or gray
7:11
boxes that come from the grading
7:13
services without treating it without
7:15
with with some sort of coating or
7:17
putting it in this space that has more
7:20
or less inert you still run the risk of
7:22
these coins Tony now if you've got the
7:25
coin show I'm gonna lift this up here if
7:28
you've gone to a coin show you know you
7:30
no doubt have seen a box like this okay
7:34
this is your standard dealer box that
7:38
they will put slab points in when
7:41
they're taking them to shows and one of
7:44
the benefits if you're not you know you
7:46
don't need that intercept technology
7:48
you'd want to go that route and you're
7:50
concerned about space because you know
7:53
certified coins take up a lot of space
7:55
this box here you'll see here it's full
7:59
50 graded coins and in that box if you
8:06
took 50 coins and put them in a PCGS
8:11
storage unit the ones that come when you
8:14
get your coins graded you got these two
8:16
boxes here that's 40 and then you would
8:19
need a third one filled with tin and
8:21
again obviously I'm gonna do your math
8:23
so this is the amount of space you would
8:26
need and you make up for that space by
8:29
taking the grooves out and putting them
8:32
in a box like this and this is what
8:33
dealers are doing they're going to shows
8:35
and typically they'll have them labeled
8:37
or numbered you can put a sticker on
8:39
them you pull your coins out now once
8:42
you pull your coins out here's the
8:43
important thing to consider without
8:46
those
8:47
I'm just going to take a few out here
8:49
without those screws your coins start to
8:52
fall okay which is I think very
8:54
unsightly so you would need some system
8:56
in place in order to Proctor coins up
8:59
when the boxes aren't full but if it's
9:02
just space you're talking about you just
9:04
you know you've got that that safe box
9:07
at your bank and you just don't want to
9:09
have like 50 blue or gray boxes you may
9:12
want to you may want to break them down
9:14
put them in this this sort of unit and
9:17
you're good to go
9:18
again I have a link to this on our site
9:20
not a very expensive solution now I was
9:26
talking about those older intercept
9:28
shield boxes and the older intercept
9:32
labels look like this you see they sort
9:35
of have that sonic kind of graphic
9:38
intercept shield it has that license by
9:41
Lucent Technologies and what you'll see
9:44
this is a two by two box and what I have
9:48
in here these are where I keep some of
9:51
my FAO medals and medallions now I
9:55
traditionally use the crown size two and
9:59
a half by two and a half safe lips which
10:03
would come in a package like this safe
10:05
lips are inert they are hard plastic
10:11
they do not contain polyvinyl chloride
10:13
it will not leave residue on your coins
10:16
they have a great clear look to them and
10:21
the only the only issue you will run
10:23
into with these is that when you when
10:26
you fold over the top hinge here and you
10:30
could you could put it you could put two
10:32
I two objects one on each side but when
10:34
you fold this things over it does create
10:36
a permanent crease and the more you open
10:38
and close it if you're constantly
10:40
pulling your item out of this container
10:42
that will that will crack and break and
10:46
so it is not ideal for massive you know
10:50
like you know trading around looking
10:53
around unless you're willing to replace
10:55
them but I find that this solution to me
10:58
allows me the easiest acts
11:00
so my coins and medals it's a clear
11:03
representation that's easy to store but
11:06
I usually like I said I usually use the
11:08
two and a half by two and a half now I
11:09
have some world points here and to buy
11:12
to say flips and and usually you can
11:16
find them sellers will probably include
11:17
this paper insert and you can you can
11:20
write whatever the information you want
11:22
so this this this box is really made for
11:25
those two by two so if you're storing
11:26
your coins that way and and so again
11:30
you're gonna want to put something at
11:31
the end it cuts to stop them from
11:33
sloshing around in the box you know
11:36
something to prop them up and if you're
11:38
in a happy by two and a half so my
11:41
opinion the these are these are not
11:44
ideal for them and I just wanted to show
11:46
you that because I think it's important
11:47
because uh many people use that larger
11:50
safe lip size the crown size now the
11:56
other way we may store our coins and
12:00
what I think is a very sophisticated way
12:03
maybe just as sophisticated as anything
12:06
I've shown you and certainly not
12:08
expensive but also you know this isn't
12:11
like a penny pincher idea the
12:13
traditional way copper collectors store
12:16
their copper is they have these
12:18
beautiful manila envelopes are very
12:20
simple and inside that envelope there's
12:24
a cotton insert and the continents are
12:28
holds your coin your copper coin I'm
12:32
going to take this one out this is not a
12:33
coin actually it's an 1841 token and I
12:37
don't see the details but you know so
12:40
this is a token and this is a beautiful
12:43
copper token about the size of a half
12:47
cent and so you'll see copper collectors
12:50
put their copper coins in these as
12:52
opposed to having them in slabs and that
12:54
serves a really great function because
12:57
not only is your coin not going to get
12:59
rub against the paper envelope that you
13:02
can put all of your detailed information
13:04
on so like here you know if the pin you
13:06
call your information on but it provides
13:09
a padding and it's just a traditional
13:12
way that coins
13:13
that type of coin has been stored for
13:14
years I think the copper envelopes cost
13:17
about 70 cents each you can buy them a
13:19
case of 100 for about 70 dollars they're
13:22
not cheap but this is this is a
13:24
traditional storage method and one that
13:26
licenses sophisticated copper collectors
13:29
love because they like holding their
13:30
coins colonial collectors the same way
13:32
ancient coin collectors the same way so
13:34
this is this is also an option and and
13:37
we have that for you now
13:40
the final thing I want to show you our
13:46
albums now coin penny boards and coin
13:50
albums have been a product a major part
13:53
of the Hobby since the earliest days of
13:57
it being democratized and the general
14:00
public really becoming interested in
14:01
filling penny boards I don't really do
14:04
boards but I do have a like in my
14:07
library albums of coins and I have two
14:10
types of collections I built one type of
14:13
collection is completely great
14:16
conscience it's it's basically I find
14:18
superior coins I get them graded or I
14:21
find coins I really enjoy that are
14:23
graded and I buy them the other type of
14:26
collecting I do and maybe it's just the
14:28
OCD part of me is I like taking nice
14:31
coins that I wouldn't necessarily get
14:33
graded even though they could be
14:34
gradable and then I put them in albums
14:36
and then I use the albums as a more of a
14:39
tea that sort of enjoyment tool I get
14:41
see all the points together it takes up
14:43
less space it's also something I can
14:45
share with people if I spent you know
14:48
seven or eight hundred dollars on a coin
14:50
because of its condition I may not want
14:53
to have that around my house but if I
14:56
just have a basic set of the same things
14:59
I can show those to people and say this
15:01
this is like what's cool about it I can
15:03
tell them all that history without the
15:05
the the idea of having each coin being
15:08
mega expensive this is your probably
15:11
most popular album type this is made by
15:15
dance go and dance go has been making
15:17
these albums since the 1960s I think if
15:21
I'm not sure but I think at least since
15:24
the 1960s I have some dance Co albums
15:27
1968 in my collection actually when they
15:30
were making me the albums for the FAO
15:32
collection something I collect so this
15:35
is your Kennedy album and when I open it
15:38
up you see this has the proof issues the
15:41
special mid-set issues and it has some
15:44
great detailed biography of the coin
15:46
then each page opens up and you see
15:49
there they are they're clearly marked
15:51
there's nice space between it the
15:53
binding is high-quality and the coins
15:56
are kept in place with these plastic
15:58
sliders now there's one issue with this
16:02
this thing that you need to be aware of
16:04
the sliders do not come out on the edge
16:09
no when you look at the edge there's no
16:12
place really here for you to grip onto
16:14
them there's no divots or anything so in
16:18
order to pull out the the coin you have
16:21
to put your thumb gently on the plastic
16:24
exposed plastic and and slide out the
16:29
slide it out and if you're not careful
16:32
what you'll end up doing is you'll end
16:35
up leaving these these horizontal thin
16:41
scratches on the highest parts of the
16:43
relief of your coins and you can ruin
16:46
your coins by improperly opening up the
16:50
the holder but if you're careful and if
16:56
you are fastidious about the look of
16:58
your coins and you want an attractive
17:02
classical look to your bookshelf with
17:06
your coin collection the dance go has
17:08
more varieties of books with for us than
17:13
any other of the vendors the only other
17:16
thing is that you not use archival paper
17:18
paper quality is much better now than it
17:21
was like 20 or 30 years ago but
17:23
long-term storage the dance columns will
17:26
tone your coins for clad coins that
17:29
typically means a slight yellow or brown
17:31
patina for for silver coins it varies
17:35
depending on a number of factors I've
17:37
had have a dime set that many
17:40
coins have toned beautifully but not all
17:42
of them but dance cocoa albums will turn
17:44
your coins might not be a bad idea they
17:47
get a bunch of us over heels and put
17:49
them in these things and see what
17:50
happens and take a shot of it down the
17:53
road but that's your dance go out
17:55
another popular brand is this Littleton
18:02
it comes with a box that you like a slip
18:08
case the Littleton albums have a
18:13
three-ring binder that's exposed here
18:16
and as you turn the page you'll see not
18:21
too different from the dance Co now
18:24
Littleton does use archival paper it is
18:26
a cheaper option than dance Co one of
18:30
the things that you might like about
18:32
these is the end of the pages do have
18:35
these divots you put your finger on the
18:38
exposed part of the slate the plastic
18:40
lens without touching the coin you still
18:43
want to be careful when you open them up
18:45
the the Littleton albums are typically
18:48
smartly designed where they follow a
18:52
logical sequence this Lincoln Cent
18:54
collection here of mine which doesn't
18:57
have the keys in it I'm sorry to say
18:59
although I do have a 99 s in here is is
19:04
1909 to 1958 sometimes I have found this
19:09
to be the case and that's important I
19:11
show it to you if the album has been
19:15
jostled around
19:16
let's see if I can show you where some
19:19
of the coins may get loose inside of the
19:22
holes and you will have to open it up
19:25
and really realign them that is that is
19:30
a problem when you start getting into
19:31
these cheaper these cheaper albums some
19:34
of the some of the some of the
19:36
technologies and it's good but more
19:39
often than not you will not have a
19:40
problem with this this is a older out my
19:43
pet this for about a decade so I'm sort
19:46
of surprised to see some of those
19:47
pennies a little bit loose another type
19:49
is this Whitman type now Whitman also
19:52
makes a number of
19:53
like cheaper coin boards whitman's
19:57
doesn't have it nearly as robust a
20:00
selection of albums as dance Co but they
20:04
do have that classic blue look that
20:05
they've been using for decades this is a
20:07
susan b anthony set you see I have both
20:11
1979 and 1981 type 1 and type 2 mint
20:14
marks on the proofs and this set and the
20:18
the only thing this does have a room
20:21
this sets up some extra slots at the end
20:23
where you could put some varieties I
20:24
have the $2.99 business strikes the
20:28
proof isn't strike but I I haven't put a
20:30
wide range in there I just got oh I
20:31
don't think I've ever really found one
20:33
like and when I was thinking about
20:34
putting it this is this album but you
20:36
know so this is a susan b anthony again
20:38
it was that classic blue thing you get
20:42
the last one I'll show you again I'm a
20:45
fan of the intercept Shield products
20:47
they'll intercept shield does have a
20:48
wide array of albums not as many as
20:51
dansk oh I think I started to build my
20:53
danske album set before I started really
20:56
being fastidious about the toning and
20:58
certain types of coins but I found that
21:01
when I started collecting modern proofs
21:03
I really didn't like them getting foggy
21:05
so this is an intercept Shield
21:08
Washington statehood quarter album from
21:11
2004 to 2008 and this includes the proof
21:15
coins and again has archival quality
21:18
paper it's a really good quality album
21:22
with that intersectional technology it
21:25
does it again like the dance 2 albums it
21:27
doesn't have like a thumb or finger hold
21:30
on the lens you do have to sort of
21:32
judiciously open it but essentially I
21:36
think when it comes to the quality of
21:38
the things both the dance go and the
21:40
intercept Shield products are of the
21:43
highest quality with I would say the
21:45
edge going to dance go for the number of
21:49
albums they have available and the
21:52
archival eggs going to intercept shield
21:54
by having the intercept technology and
21:57
the archival paper that they use and so
22:00
all of these products are available
22:01
through our site and if you purchase any
22:05
of this for your collection it does
22:06
helps important
22:07
we can we appreciate it I'm not trying
22:09
to turn this into a giant loan
22:10
commercial but these are the these are
22:13
the storage media that I use I try to
22:16
avoid putting my coins than anything
22:18
that if I forget about them in five or
22:21
ten years that they're gonna be damaged
22:22
so I don't use soft plastic or PVC flips
22:26
I don't like using these the old-style
22:28
paper and lens staple two-by-twos
22:31
I've completely switched everything over
22:34
to save flips I find them to be the most
22:37
ideal for me especially if I'm like
22:40
staging grading submissions or putting
22:42
things away for long-term storage
22:44
my role is any coin that I really like
22:47
that I think one day I might great I'll
22:49
hold on to any coin that doesn't pass
22:50
that test I usually pass them on to the
22:52
next collector or somebody who really
22:53
appreciate them and and I never have a
22:56
shortage of having these I would not buy
22:59
any other brand
23:00
other than this because there are many
23:03
companies that sell PVC and they do not
23:06
market it as such and they label their
23:10
things as being safe for museum quality
23:12
you're not having PVC but it is not true
23:14
safe flip is made by Kant acquaintance
23:17
or out of Sidney Ohio and I think it's
23:19
the best product on the market for that
23:21
and then for any of my copper coins I'm
23:23
the I use the the fabric cotton
23:28
envelopes and and the paper envelopes
23:31
for that and I put them in a separate
23:34
situation with a desiccant and I make
23:37
sure that I look at them every every
23:39
once in a while to make sure if there's
23:40
any issues that I can I can stop that
23:43
stop those issues with proper
23:45
preservation techniques we have a great
23:46
coin preservation video for copper coins
23:49
but the step by step how to do it with
23:52
the AC president Bill Ekberg on our
23:55
youtube channel I recommend you check
23:56
that out I also recommend you join me AC
23:58
if you collect conference there's no
24:00
reason not to so again I appreciate you
24:03
guys watching and and and leaving your
24:06
comments I'll try to answer any of them
24:08
if I can before I go but remember I'll
24:11
be back tomorrow we'll have cool coins
24:13
and we'll have
24:15
overview of our loops so for the
24:18
commenters thanks Hawkeye for your shout
24:22
out and Weaver man mr. blam what's my
24:25
favorite coin that depends on what stage
24:28
of a stage of my collecting career used
24:31
to be eisenhower dollars but in recent
24:33
years my favorite coins have have
24:35
switched focus I'm really really jazzed
24:38
about European coins right now so I'm
24:41
looking at a bunch of a bunch of German
24:44
coins in the 19th century I'm collecting
24:47
and also I really really like the modern
24:51
Japanese coins that have been around the
24:54
yen coins 5 continues I think they're
24:56
really neat how's your book selling I
24:59
don't know yet it comes out in March
25:01
Richard but thank you for asking I did
25:04
get a call today from a company asking
25:06
if I'd be interested in signing some
25:08
labels don't know be a good idea or not
25:12
Dark Horse says my PC just proof Eagles
25:15
that now have spots can moisture closet
25:18
nobody knows for sure exactly what's
25:20
causing these spots dark horse but
25:22
everyone seems to point to the
25:24
manufacturing process that the the mint
25:27
employees when they prepare the planets
25:29
and when the coins get graded they get
25:31
graded in a safe environment and I
25:34
believe both grading services probably
25:36
use an air gun or something to make sure
25:38
there's no debris on the coins before
25:40
they are sealed in they're slabs so this
25:43
moisture isn't coming from the grading
25:45
process and it's most likely being
25:48
caused when the coins are made I don't
25:50
know if they can be repaired or restored
25:53
to their original appearance that has to
25:56
be done on a case-by-case basis so be
25:59
very careful with the silver eagles
26:01
buying a super expensive proof
26:04
seven-year ms70 silver eagle only to
26:06
have it develop spots as a tragedy and
26:09
it will greatly diminish the value of
26:11
the coin nobody wants to the spotted
26:13
seventy if they're five or ten thousand
26:16
dollars they won't they won't sell so
26:18
just be very careful folks the silver
26:20
eagles great series to collect there I
26:22
definitely think that you're you're
26:25
you're right if you enjoy them to
26:27
collect them but just be careful about
26:29
pay for coins because if those spots
26:30
develop there's really nothing you can
26:32
do about it and it seems almost a random
26:34
when it happens ECP hi to you brave
26:39
monster hi to you and Appalachian outlaw
26:44
Quinn's also thanks for the shout out
26:46
and let's see cut cut the flips with
26:49
scissors you know I don't really do that
26:50
because I like having the hinge because
26:53
I think it helps keeps keep the coins in
26:55
but it's just me I just you know I don't
26:58
know it just seems complete that way I
27:00
just got all 52 state quarters in mint
27:02
condition okay 52 there's two extra
27:06
there I guess but there is the there is
27:08
the territories and I think they're more
27:10
two of those so maybe you want to see if
27:11
there's more take them to a Coinstar
27:14
well you know you could and let's see
27:19
some can be worth up to $14,000 every 10
27:23
in this and I guess total coins you sell
27:26
for more so anyway I think that wraps up
27:28
all the comments hopefully I was able to
27:30
give you a shot or answer your question
27:32
I appreciate you guys watching and we'll
27:34
be back tomorrow with two more more
27:36
videos in the meantime if you want you
27:38
haven't that if you haven't had your
27:39
fill of coin news or information on coin
27:41
week.com today we have an article by
27:43
Josh tomorrow Hernandez who sums up the
27:45
platinum 3-3 coin set that's going to be
27:49
wrapping up this year we also have some
27:52
auction previews and other coin news
27:53
also some paper money news about the
27:56
upcoming poke sale definitely want to
27:57
check that out we'll be back Thursday
27:59
with a podcast we'll be editing you'll
28:03
be up late at night we're going to talk
28:04
about metals with Jeff Shevlin
28:06
and just more cool stuff coming for you
28:09
this week anyway thanks for watching
28:11
guys thanks for supporting coin week and
28:13
keep on collecting man see
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