As the number of coins collected grows, the weight of coins increases drastically. It’s advisable to keep the entire collection on the bottom shelf of the cupboard rather than the top shelves. If you have storage below bed, it’s also a good option. The place where the coins are kept should be easily accessible. One needs to periodically [one in couple of months] check to see if things are well and the coins are not affected.
Specific Coin Storage materials
It is very important to set aside a decent budget to buy proper storage material. Typically one should set aside around 10-15% of the budget for buying storage material.
This is the easiest way to begin the storage of the coins. One would easily get these at any book store. Archie’s albums are most popular for beginners to keep their coins. Each album comes with fixed number of pages with pouches to put the coins in. Although good for beginning, the plastic damages and starches the coins and is not good for long term storage. It’s best to use this at the beginning and for keep circulation coins. This is not recommended for UNC grade coins.
2” x 2” Coin Holder with Plastic sheets and Binders
This is the best way to store coins for display. Invest into 2” x 2” cardboard coin Flips. Ensure that the flips are bought from good dealers and should be Mylar [and not plastic]. Mylar is supposed to be good for long term [read 3-4 years]. The coin flips come in various sizes to accommodate different coin sizes. These coin flips can then be put into plastic sheets that hold 20 flips per sheet. The flips need to be stapled. Ensure that staple ends are hammered out so that these do not press against the plastic and other coins in the binder. Remember to use Stainless steel staples of good quality.
Although not popular in India, there are self adhesive coin flips available in US and UK. However these are as of now expensive and cost around Rs 10 per flip.
2” x 2” flips with a box
Any spare coins can be put in the coin flips and these can then be stored in a plastic box.
Other countries also have good quality Plastic tubes to store the coins. However these are NOT in the sizes of Indian coins.
Plastic Coin Pouches
Another way to store the spares is to keep the coins individually in a plastic pouch that can hold one coin and has self seal. This avoids scratching of the coins kept together, more so for UNC grade coins. A set of such coins can then be put in a plastic box.
Every Day Storage Material:
This section gives out some of the every day items available in the house hold that can be used to some extent for storing coins. Although not ideal, it’s a good practice to use them till one has invested in proper coin storage material.
Any glass bottle can be used to store spare coins. Ensure that the bottle is cleaned and dried thoroughly before using it. Ensure that the bottles are small and don’t keep too many coins in one large bottle. Coins weigh a lot and when kept together the top coins can damage the bottom coins due to the weight.
Camera Empty Rolls Boxes:
If you are still someone who uses Film rolls [and have not moved to a digital camera] then you can use the plastic box used to keep the rolls. This serves a good storage as one can stack the coins easily and keep limited number of coins. The box themselves can be kept in a shoe box and stacked without worrying about the pressure damaging the coins.
Food Grade Plastic Bags:
Another easy way to keep different coins segregated is to use the food grade plastic pouches available in various sizes. These come with an air tight seal and protect the coins well.
Kitchen Storage Boxes:
The spare coins after putting them in individual coin flips or plastic pouches can be kept in typical kitchen air tight boxes.
Guide to 2” x 2” Coin Flips
If one is just beginning a collection, and does not know what sizes to buy, the following section gives details of the sizes that need to be used. From my experience I can say, one should buy a pack of 100 that has 10 ea of all the 10 sizes plus 50 ea of size 5, 25 ea of size 4 and size 6. This would take care of the circulation commemoratives. It will be a good starting point and one can then buy additional sizes as per requirement.
½ Anna, 1 Paise Brass, 10 Paise Steel
1 Paise Aluminum, 2 paise Cupro Nickel, 25 Paise, 50 Paise new design
1 Pice, 1 Anna, 2 Paise Aluminum, 3 Paise, 20 Paise Brass
5 Paise, 10 Paise Brass and Small Aluminum, 50 Paise [All], 1 Rupee new design, 5 Rupees Nickel Brass
2 Anna, 10 Paise Big Aluminum, 20 Paise Aluminum, 1 Rupee Small Cupro Nickel and Stainless Steel, 2 Rupees New Floral Design
1 Rupees Big Coins, 2 Rupees Big Coins, Small Cupro Nickel, Stainless Steel, 10 Rupees Bi-Metallic
5 Rupees Big Coins
10 Rupees Silver