Moving Coin Collection to Stapled Coin Pockets
"I would be wary of having coins in containers with cardboard. Ideally you want the coins to be in an airtight envelope made of plastic to minimize any chance of oxidation or reaction with chemicals in the air. Cheap, retail coins like you would find in a Whitman collection are not generally going to hold value well. Sometimes you can sell a collection and break even if you have a nice complete set, but in general  VF coins with common dates will not appreciate at all. Investment coins usually are high-priced items that sell for thousands each, not the sort thing you find in Whitman folders. In general, collectibles are bad investments in the US because IRS rules tax gains as ordinary income. So, unless you sell them under the table or have really low income, you lose a lot of your profit. If you enjoy collecting, focus on the fun of it, worrying about investment in coin collections is a joy killer. A Parting Anecdote... When I was a kid I painstakingly assembled a lot of BU rolls, because that was the hot thing back then. I wrote on them ""DO NOT OPEN FOR 10 YEARS"". You know how much a 1980 BU roll of Lincoln cents is worth now, 40 years later? $2.00 on eBay. Some days I spend more on lunch than the worth of my entire Lincoln cent collection." This is primarily opinion based. It is like predicting what will happen in future, similar to predicting the value of stock. This is interesting topic on a coin discussion forum like WOC My question is whether moving the coins out of the Whitman folders (some of which are in serious disrepair) to the stapled pockets will adversely affect their value? Whitman folders are for basic collectors to know what to collect and easily show what is missing. These are not great way to preserve coins. Infact good quality coins should never be put into such folders. There are quite a few ways to store coins, Stapled flips ... now one also gets self adhesive flips. Coin Capsules or Archival grade envelops. It depends on the value of coin and how long you want to store these and where are the coins kept [moisture, humidity, pollutants are bad for coins]
"This is the best tl;dr I could make, [original](http://thehill.com/policy/technology/344410-feds-eye-crackdown-on-digital-coin-investments) reduced by 89%. (I'm a bot) ***** &gt; At issue are initial coin offerings, where new companies or smaller projects seek to crowdfund - or raise investment funds from the public - through crypto online currencies.  &gt; In their report, the SEC warned investors to make sure a coin offering is registered properly if it is a securities exchange, and to learn about their rights and level of control, as well as to understand potential cybersecurity threats.  &gt; &amp;quot;They&amp;#039;re the right people to look at it this sort of thing, says Peter Van Valkenburgh director of research at Coin Center, a research and advocacy group focused on digital currencies.&amp;quot;Creating token and selling them is like selling portions of businesses.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qotdi/feds_eye_crackdown_on_digital_coin_investments/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~179906 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **coin**^#1 **SEC**^#2 **currency**^#3 **offered**^#4 **security**^#5" &gt; They can buy a jar and put coins in it.  because that's all there is to shooting a cover shot for a top-rated magazine, right?  Time buy a lot of stock. Companies buy stock out of convenience. If you wanted a pro photographer to photograph a jar of coins at sufficient quality for a high-end magazine cover, expect to pay in the region of $2-3000.  $30 is way too low, but if that's the price he asked, that's the price they're gonna pay. Nobody asks a vendor if you can pay him more than the stated price. I'll answer but avoiding discussion of M1, M2 etc, too pedantic. I don't believe you are asking about the lifetime of either coins or paper money. I think you are referencing the fractional reserve system, and how a good portion of the total money supply is created by the banks lending out their deposits in effect 'creating' money. My answer to you is that if all loans were simply paid off, no mortgages, no car loans, etc, the total money in the system would collapse to some reasonable fraction of what it is today, 10% or a bit less. This comes from the fact that the reserve requirement for most large banks is 10%.  I'm referencing money, but not bills or coins. Think about what you make in a year. How much do you touch as paper money? For my wife and me, it's no more than a few percent. Most goes from a direct deposit to online payments. So this would be the subject of a different question altogether.  Let me know if this addresses your question. Coin regardless of the metal content proportion, all have intrinsic and face value. The more the silver and gold presence in coins the more the value. Pure Nickle and copper coin have intrinsic value. The more zinc, and manganese presense in coin the less value the coin becomes. Stockpile?  No. Keep a few around?  Sure, if you are a collector.  I used to collect pennies and I thought the steel pennies from WWII were neat.  I do believe I paid about $0.01 for them at the coin shop.  They might be worth $0.15 if in great condition today. No harm in finding $20 worth of really nice nickels, maybe in chronological order and from the different mints.  Put them in a collector case so they stay nice and chuck them in your fireproof safe with your house deed and insurance policies. But I don't think you are going to hit it particularly big, but it might be a nice thing to pass along as an inheritance. "You don't. No one uses vanilla double entry accounting software for ""Held-For-Trading Security"".  Your broker or trading software is responsible for providing month-end statement of changes.  You use ""Mark To Market"" valuation at the end of each month.  For example, if your cash position is -$5000 and stock position is +$10000, all you do is write-up/down the account value to $5000.  There should be no sub-accounts for your ""Investment"" account in GNUCash.  So at the end of the month, there would be the following entries:" This has been a problem for sometime. The lobbies for the metals used in the minting process, specifically Zinc, have been successful time and time again in keeping it off the radar. And when law makers go to Washington, they're much more interested in something more high profile than a bill to discontinue the penny.  Also, the upside is only saving small amounts of money over time, which doesn't interest them either, versus a debate over nostalgia. And if you want evidence of how visceral the public can muster over something completely inconsequential go ask Neil DeGrasse Tyson how well downgrading Pluto went. My preferred method of doing this is to get a bank draft from the US in Euros and then pay it into the French bank (my countries are Canada and UK, but the principle is the same). The cost of the bank draft is about $8, so very little more than the ATM method. If you use bigger amounts it can be less overall cost. The disadvantage is that a bank draft takes a week or so to write and a few days to clear. So you would have to plan ahead. I would keep enough money in the French account for one visit, and top it up with a new bank draft every visit or two.