How to Use Coin Cloth Bags

In the nineteenth century, coin bags came around to replace the wooden kegs that were used for coin storage. Maybe they came about because they were easier to haul around than a wooden keg, but to this day, they are still in use in some places.

Coin cloth bags should be used for storing coins that are easily obtainable or coins that are still in circulation. Many banks I have noticed use these bags to store coins and to haul them around.

This is an okay mode of storage for coins that are not overly unique and coins that you can easily get if you need to replace them. When you store your coins in these bags, you need to be well aware that coins sitting in a bag like will decrease in value because of the scuffing and abrasions that will occur when they rub against each other. With time your coins end up being scratched and worn down, and most times this completely takes away their value, no matter how little.

Coin cloth bags also have another side effect. Sometimes the dye used in the fabric might react with the coin, and you find there is staining that leaves marks on the coin or discolors it altogether. This is known as bag toning.

In short, what I am saying is this. No matter how attractive the idea to store your coins in these bags, you should resist the urge. Invest in proper storage for the coins you paid good money to acquire. Save your coin cloth bags for coins you really wouldn’t mind losing, if any.