Both ways have their pros/cons, and in the end it depends on your personal preference and what your goals are.
If I had a bunch of valuable flat autographed documents, I'd have them third party insured, and I'd make sure my coverage would cover them if stored offsite at a bank safe deposit box. I would make nice color copies of them if I felt the need to view/display them, and I would display the color copies in my house or have them handy for when I wanted to see them, and I would keep the originals in my safe deposit box.
Or, make high res scans of them, and have a digital gallery on the web or on your pc that you can look at when you feel compelled to view your collection.
If you do choose to keep the originals at home, make sure you have them insured (unless you can afford the loss and want to self insure them) and that your policy covers the type of loss you wish to insure against up to the value you need. Display, enjoy them, to your taste.
Mike
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