Storing Gold Coins

Discussion in 'General Precious Metals Discussion' started by zulu, Jan 12, 2012.

  1. zulu

    zulu Member Silver Stacker

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    Hi Everyone

    Just wondering if anyone has experience in storing gold coins in some sort of metal pipe ?

    Was thinking of storing my "nuggets" (in the capsules) inside copper pipes, any suggestions or experience with this ?

    Thank you

    Z

    :)
     
    zulu, Jan 12, 2012
    #1
  2. Iluvnumbers

    Iluvnumbers Member

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    Why? Whats wrong with just in the capsules?
    By the way where are you in Japan? I am back there in April.
     
    Iluvnumbers, Jan 12, 2012
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  3. Austacker

    Austacker Active Member

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    I think it may be buried or semi-plumbed into the system for an illusion ?
     
    Austacker, Jan 12, 2012
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  4. zulu

    zulu Member Silver Stacker

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    Yes, its to store them in their capsules and then within a pipe to then be "Hidden" from view.

    I'm just north of Tokyo

    Cheers
     
    zulu, Jan 12, 2012
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  5. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Use PVC pipe to store your stash. Put some lead inside your copper pipe. Then you have something you can whack an intruder with.
     
    Eureka Moments, Jan 12, 2012
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  6. thatguy

    thatguy Active Member

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    PVC and silver is a BAD combination, gold maybe fine though. Never store silver in PVC
     
    thatguy, Jan 12, 2012
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  7. Iluvnumbers

    Iluvnumbers Member

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    Why is that?
     
    Iluvnumbers, Jan 12, 2012
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  8. thatguy

    thatguy Active Member

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    Apparently PVC can give off Chlorine gas which has the ability to turn silver greenish. My friend has an album made with PVC plastic and it has made a mess out of his pre decimal collection
     
    thatguy, Jan 12, 2012
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  9. KungfuPanda

    KungfuPanda New Member

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    Because pvc can cause an acidic reaction with silver.
     
    KungfuPanda, Jan 12, 2012
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  10. metalzzz

    metalzzz Well-Known Member

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    If one was to bury his stack in the backyard, what would be the best method?
     
    metalzzz, Jan 12, 2012
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  11. thatguy

    thatguy Active Member

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    Did a bit of research and apparently it is the plasticisers (to make the plastic malleable) in some PVCs that are the issue... so maybe some PVC pipes are OK, but IMHO I would not be storing my 1oz lunars in there
     
    thatguy, Jan 12, 2012
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  12. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Ummm.... More people steal copper than gold ....,

    Nobody steals brown stained PVC ;)
     
    Captain Kookaburra, Jan 12, 2012
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  13. Black_Sun

    Black_Sun New Member

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    What is funny is that metal investors (count me in) spend all this time thinking about how to store "safely", and yet when recovering gold & silver from sunken shipwrecks, you only ever hear talk about how much its worth. Never "it was not stored properly, etc, and we'll lose a few bucks..." :lol:
     
    Black_Sun, Jan 12, 2012
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  14. zulu

    zulu Member Silver Stacker

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    Thanks for all the replys guys, :cool:

    The reason I was considering copper pipe was because I had read on this site that PVC and silver were a bad combination.

    Thought I would give PVC a miss with the gold too, however if its certain that PVC and gold are ok together ?

    Anyone tried storing gold in PVC ?

    Thanks

    Z
     
    zulu, Jan 12, 2012
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