Bullion typically refers to precious metal bars and coins. Bullion can be purchased in the form of gold, silver or platinum. One of the primary benefits of investing in bullion is its small size and easy portability. You may need to transport bullion during a cross-country move or during a short trip. Properly transporting bullion is vital to protecting both the appearance of your coin and the resale value. Silver Monthly notes that "nicks, scratches, tarnishing, bag marks and other blemishing can alter value as much as 20 to 40 percent."
Things You'll Need
- Plastic coin bag
- Bubble wrap
- Storage container
- Plastic (optional)
Clean the bullion. Before transporting any valuable coins or bars, be sure to clean each individual piece carefully with a soft cloth. Storing dirty bullion can lead to corrosion and staining on the exterior of the coin.
Wrap each piece of bullion separately. You can do this with a clean cloth or by placing the bullion in protective plastic. Thin plastic coin bags are available at most hobby shops and are designed to protect coins from rubbing together, which can lead to tarnish and wear on the surface of the piece.
Place the bullion in a box or case. If you pack the bullion in multiple layers, make sure to use packing material, such as soft cloth or plastic bubble wrap. This will ensure that the bullion does not click or rub against each other in transit.
Monitor the temperature while you transport the bullion. Make sure the bullion is not exposed to extreme heat or damp conditions. Prolonged exposure to moisture may lead to mold growth on your bullion, so carefully transport your bullion in a dry place. If you are going to be traveling to a moist or humid location, wrap the box holding your bullion with plastic to keep out any moisture.
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