The present invention relates generally to the field of precious coins and more particularly to a method and device for ensuring the authenticity and genuine quality of coins produced by a mint.
Coin collectors and investors frequently purchase coins produced by mints located around the world. The mints typically ship coins to distributors or retailers in sealed, tamper-evident boxes that usually contain between 20-50 coin tubes. Each coin tube typically contains about 20-25 coins. Coin tubes often comprise an opaque plastic cylinder with an open end. The coin tube includes a removable cap that provides access to the inside of the tube. Notably, the individual coin tubes do not include a tamper-evident device.
Upon arrival, the retailer opens the sealed box to gain access to the coin tubes. In the past, the retailer has either shipped the entire coin tube to customers or removed the coins from the coin tube for individual sale. In either case, it has been impossible for the customer to easily verify that the coins were not disturbed or altered by the retailer. It is to these and other deficiencies in the prior art that the present invention is directed.
In a preferred embodiment, the present invention includes a coin storage device and a method for using the coin storage device. The coin storage device preferably includes a coin tube with a diameter, a cylindrical body, a cap, and a casing with a diameter slightly larger than the diameter of the coin tube. The casing is shaped so as to conform to the coin tube, which is positioned within the casing. The coin tube may include an embossed label and can be configured to accommodate at least 20 coins. The casing may consist of a shrink wrap film, and can be manufactured from a variety of substances, including polyolefin and polyvinyl.
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In a presently preferred method, the casing 108 is applied to the coin tube 100 according to the following steps. In a first step, the coin tube 100 is removed by the retailer from the sealed box shipped from the mint. The proprietor's label is placed on the outside of the coin tube 100. The coin tube 100 is then immediately placed into the casing 108 without removing the cap 104 or otherwise tampering with the coin tube 100. Once the casing 108 is positioned over the coin tube 100, heat is applied to the casing 108 to cause the casing to contract and conform to the coin tube 100. Heat can be applied through industry-accepted means, including, for example, heat guns and oven systems. Once contracted by heat, the casing 108 provides a tamper-evident assurance that the coin tube 100 has not been opened since the original packaging at the manufacturing mint. In this way, consumers can be assured of the authenticity and original nature of the coins contained within the coin tube 100. The casing 108 is also helpful in the event the purchaser later elects to liquidate the coin tube 100. Because the casing 108 contains the proprietor's label 110, subsequent purchasers can be assured that the original representation of authenticity from the retailer is valid. The ability to assure the consumer that the coins have not been removed from the original mint packaging provides additional value and prestige to the coin purchase transaction. The
It is clear that the present invention is well adapted to carry out its objectives and attain the ends and advantages mentioned above as well as those inherent therein. While presently preferred embodiments of the invention have been described in varying detail for purposes of disclosure, it will be understood that numerous changes may be made which will readily suggest them to those skilled in the art and which are encompassed within the spirit of the invention disclosed herein and in the associated drawings. For example, it will be appreciated that the instant invention may find utility in preserving the authenticity of other products delivered from a mint. In an alternate preferred embodiment, the boxes which are used to ship the coin tubes from the mint can be sealed using a casing 108 configured to encase the entire unopened coin box.
The present application claims the benefit of U.S. Patent Application No. 61/386,370, entitled Method and Device for Ensuring Mint-Direct Packaging in Tamper-Evident Packaging, filed Sep. 24, 2010, the disclosures of which are incorporated herein.
Number | Date | Country | |
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61386370 | Sep 2010 | US |