How do you store your albums


I just had a nice collection of albums dropped in my lap. Over 40 MF Original Master recordings, misc half speed recordings and many other albums in perfect condition. The covers and albums are near new, many only played a few times then recorded to cassette tape. Should they be stored in plastic etc. and should I look to have insured. I don't think most are worth more than $50.00 but from what I could find several are worth $100's. Thanks for your ideas.
mmurt
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Since others have given invaluable advice in regard to record storage, I have nothing to add; however I am interested in purchasing Jazz LP's, top condition of course.
Thanks for the responses. I'll look for a cool book case and pick up the sleeves. The MF's really are cool and sound great!!
You should clean the records and put them in MoFi inner sleeves. Outer sleeves protect the covers from wear and tear. The Ikea Expedit bookcase is superb for record storage, the records fit in the cube spaces perfectly and the case is incredibly sturdy and stable.