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The Importance of Coin Boxes

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Tenth Ounce Proof American Gold Eagles

As a leading coin dealer in Atlanta, we meet with hundreds of coin sellers every year, and a mistake that we commonly see individuals make is that they fail to keep the boxes and original government paperwork that accompanies various coins and sets. We understand from a storage standpoint that keeping boxes can be somewhat bulky and take up a good deal of space; however, some coins and sets derive a substantial amount of their value from the original government packaging.

Not only is additional value attributed to coins and sets that include their original boxes, but this can also affect the ability to include coins in IRA’s, which is becoming more and more popular. For example, proof American gold and silver eagles qualify as IRA investments, but only if they include the original government paperwork, including the coin box. Additionally, from a value perspective, an American gold eagle proof coin without the packaging is typically viewed as a standard bullion gold coin, whereas, one that includes the original government packaging sells at a premium.

Not only is it important to keep all paperwork and boxes that are issued with coins and sets, but you should be careful to keep the boxes in good condition. Boxes that have writing, damage, or wear from being stored improperly typically devalue your coins or sets. The same applies to silver proof sets minted in 1964 and earlier. Having an original envelope in good condition will translate into a higher payout for your sets. Furthermore, the value of the set increases if the envelope is unopened.

We hope that you enjoyed today’s tip of the week and encourage you to sign up on the homepage of our website to receive future tips. We also recommend that you regularly check our blog at the following link to receive additional helpful hints and the latest coin and bullion news.

Picture of Tony Davis
Tony Davis
Tony Davis is the owner of Atlanta Gold & Coin Buyers, a full service Atlanta based coin and bullion dealer specializing in buying, selling and appraising coins and coin collections of all types and sizes. Tony frequently writes on various economic and numismatic related topics affecting the coin and bullion markets and has been published on some of the industry’s leading websites, including Coin Week, the American Numismatic Association, Coin Collector, Coinflation, and Coin Auctions Help, just to name a few. Visit Atlanta Gold & Coin’s website at atlantagoldandcoin.com to obtain additional information on the products, services and educational resources offered by his company. Tony can be reached at sales@atlantagoldandcoin.com or at 404-236-9744

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