/diy/ - Do It Yourself

>>171711 When you need the gold, just strain the coins out and wash in paint thinner.

Coin Collector in the house.

This idea can work if the coins are either Bullion coins a/or bullion tier coins like low grade (fine grade and lower) a/or common date gold coins.

If the coins have a book value over gold melt prices, then dumping them in paint and washing off paint with paint thinner will destroy the value of the coins, as much as 70% of book prices depending on the damage.

I would suggest to the OP to get a coin guide, preferably the Red Book here (if it's US coins) and a book called Photograde or go to the web here to determine condition.

http://www.pcgs.com/Photograde/

Price coins with a list, and then go to an online melt calculator and determine which coins will be the first coins you sell.

If it's foreign coins (or coins of value), consult your Local Coin Dealer. Many are more than happy to help you out, and at least offer the favor in return by giving them first options to buy the coins, or buy supplies like coin tubes or 2x2 coin flips.

Get an expert opinion or two first before you decide to hide your coins in odd places first. Also, NEVER EVER tell people except for folks you can depend and trust on where your gold is, in case something tragic happens like you are killed or maimed in someway.

There has been strings of violent Home Invasion Robberies as of late where people are being killed in some cases for coin collections. DON'T BE A STATISTIC.