How to Store Your 1 Gram Gold Coin Safely- Three Amazing Ideas

Posted by Nygold Co
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Jul 28, 2020
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The process of buying a 1 Gram Gold Coin has become simpler with time because many online and offline sellers offer a lot of products at reasonable prices. After the purchase process is over, you should think of how to keep them safe and store them at the right place to ensure that they remain safe and untouched by people with bad intentions

Invest in Coin Collecting Holders

If you have a 1 Gram Gold Coin and you intend to buy more in the future, you would be smart to invest in a coin collecting holder to meet your current and future gold coin storage needs. The specialty of these types of holders is that they allow you to examine both sides of the coin without leaving your fingerprints on it. Most holders are available in different sizes to ensure that you can accommodate every denomination of coin seamlessly. If you choose a holder that has a quarter-sized window for a ten-cent coin, it will ensure that the coin doesn’t slide in the holder.

To put a 1 Gram Gold Coin into the holder, you should hold it between your thumb and forefinger and place it in the middle of the holder on the darker side. Then you can staple the bottom and each side of the holder. Make sure that you don’t staple too close to the coin. It is wise to staple at least an eighth of an inch away from each side.

Consider Buying Coin Collecting Albums and Folders

Another smart way to store your gold coins is to consider buying coin collecting albums and folders. As the name suggests, these options are ideal for you if you have a collection of coins already or you want to build one over time. These are economical storage options and quite easy to use as well. You just need to push the coin into a tight-fitting hole. You don’t need to use your fingers to do that as you can use a cotton cloth or cotton gloves. Remember, fingerprints on gold coins are never a smart idea.

Also, remember that albums and folders are usually for a low-grade collection and might not be the best option if you intend to build a collection of highly valuable, uncirculated, and higher-grade coins.

Climate Control is Essential

If you buy coins from a reputed seller like The New York Gold Company, make sure that you store the coins in a climate-controlled environment. It is highly advised that you should keep the coins and any precious metals from humid conditions as it can lead to irreversible damage at times.

The location doesn’t matter much when it comes to storing gold bought from a reliable seller like The New York Gold Company. You can keep them in a bank box or at a home or office locker. Just make sure that the place is safe enough to give you ample peace of mind. 

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