This is my solution (not a great pic, but you get the idea). It avoids labeling the binders themselves - on the shelf first goes sheets of card, and on them are written the contents. It means each binder has its own place to go!
P-Touch makes a very fine label maker that allows you to print out simple labels which you can stick on the spine of your albums. Kind of a modern, improved version of the old, horrible Dymo labelmaker that printed on plastic tape. The P-Touch prints on a kind of plastic paper which is very sturdy. Lettering is clear and legible, can be all caps or not, bordered or not. Very nice indeed.
I have about 50 stock books (ring binders with Vario pages in them) that I labeled over the last ten years or so with the P-Touch. All labels are still firmly attached, a common problem with other labels and label holders I've tried.
I label vertically on these binders, meaning the name ("Liechtenstein") reads up and down the spine. But you could just as easily label horizontally, depending on how wide the spine is.
For green Scott specialty albums, I just buy the green Scott binder label from Subway or Amos Advantage. These look almost as if the binder had the name printed on it (as in the old days when they actually did print names on the binders). These look wonderful, and each only costs a few dollars.
The P-Touch printer is inexpensive, and the tapes (white or clear, perhaps other colors) are not very expensive. Kind of fun to use as you can add a border around each name or not . . . and so on. Even if you make some mistakes, you're only wasting pennies, so not a big deal.
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