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Replies: 22 / Views: 2,812 |
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Pillar of the Community
United States
1150 Posts |
I have a two year old and a six month old. I'm not waiting...I already have a safe.
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Bedrock of the Community
United States
20753 Posts |
A rather good idea is to find some way to hide the safe too. Stories have a habit of growing and changing. Having a safe that is visable could and usually does start rumors of having massive quantities of money on hand. And not just your average person but even family members. Stories of possible great amounts of money can grow and grow as the stories are told about a safe in your place. And remember regardless of how heavy it is, bolted to the walls and floors, a crook with gun to your head makes it open fast. Just one of the reasons to find a way to hide it from view if possible.
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Valued Member
United States
284 Posts |
Quote: regardless of how heavy it is, bolted to the walls and floors, a crook with gun to your head makes it open fast. Excelent point. You can always have a hidden safe and an exposed safe. Fill the exposed safe with cheap coins and a list of items in a fake safe deposite box with a set of keys and store yoour good stuff in a hidden location. Diversionary tecniques like that can be a very good idea.
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Valued Member
United States
197 Posts |
I don't have a safe--yet. I've been wondering if I should get one. One thing I do is have a "decoy" box of coins that aren't particularly valuable but that I enjoy looking at. This box I leave out in the open. The coins are primarily raw Walkers, Kennedys, and Franklins, with a few random silver coins I found in circulation rattling around. Total value inside this box is maybe a couple of hundred bucks. Then, tucked away in an absurdly remote spot that only my wife knows about, I have my gold and silver Eagles and some slabbed and graded Morgans.
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Rest in Peace
United States
10625 Posts |
 with DM1975. I stated this diversionary tactic in a thread last year. The best safe location is one that can not be seen or easily found. A false wall of sorts is the best way to secure a safe couped with a decoy safe in a more obvious location with expendable contents is a great idea.
Edited by dave700x 02/21/2012 10:59 am
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Valued Member
 United States
158 Posts |
I got a Browning, thats about 40 cubic feet. That way I can get the coins, guns , and papers in there. I have bolted it down. But I have 1 gun left out for robbers who would ask me to open it. Darn thing weighs 750 lbs. Good idea about hiding it, but I think I would have to buyild as closet around it 
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Pillar of the Community
3352 Posts |
*sure* ... I agree that "ideally" I should never tell a single soul about my coin collection ... but I must admit that I have a couple of close friends that know of my coins and who I've occasionally shared a new purchase with, etc ... man, I sure hope that nobody brings a gun into my dojo (I guess that's a possibiltiy, but hopefully not a probability)
... on the bright-side => I guess showing coin-photos to you guys is a means of showing-off my collection (because honestly, one of the coolest things about collecting coins, is showing other people your super-cool coins ... yes?)
Oh, and for the record => I have a massive/awesome 600 lbs Cabela's gun safe residing in my basement (sadly, I doubt that even I will be able to haul this monster up the steep rickety stairs!)
Edited by stevex6 02/21/2012 5:31 pm
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Pillar of the Community
United States
524 Posts |
"But I have 1 gun left out for robbers who would ask me to open it. Darn thing weighs 750 lbs." That is one heck of a gun. Is it a Gatling gun? 
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Bedrock of the Community
 United States
12857 Posts |
I was going to post this in a new topic but it seems apropos for this one: http://theadvocate.com/home/2108736...-brutal.htmlFour observations: 1. People can be animals. That's one reason why safes exist I suppose. 2. The safe must not have been bolted down if the murderers were able to take off with it, or they knew how to handle a bolted-down safe. 3. Somehow the murderers knew the safe was there and was worth the risk of 2 (almost 3) homicides. 4. Perhaps if you're going to store that much worth in your house, other surveillance / defense mechanisms are in order. That story is blood-chilling. I half expect to see it reenacted on "CSI".
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Pillar of the Community
United States
524 Posts |
If the woman lives they are as good as caught. The only reason they would kill all three is if they knew each other. If she can talk their done for. They knew where the safe was,what was in it and there was no forced entry. But this does go to show that a safe isn't the only answer. 
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Valued Member
United States
284 Posts |
Ain't that the truth. A good security system includes a multi-tier plan. I know you are not supposed to tell people about your collection but I show mine off regularly. My precious metals collection is another thing, they don't get shown or talked about. On the other side of things, everyone that knows about my coins also knows I sleep with a loaded gun and have a nasty dose of PTSD and a slightly mean disposition, and a kick butt security system.
I generally carry a 1911 on me at all times and at home am within a few steps of a loaded AR15 at all times. I also have a few other little surprises here and there that I won't discuss, but security is my #1 priority in my home. My preparation is bordering on paranoia but it should pay off if ever needed. Also, my security is not static. Plans are in place and rehearsed by the family so everyone is on the same page and know what to do.
Some say to keep collections in a safe deposite box, but remember that FDIC does not insure those items, and those items can be seized as assets in court rulings. Also, should you pass away, it can be a hassle for your executor and/or NOK to get into that box. The IRS, in some situations, can also seize the contents of your box as well should you owe money. Point being, think out your storage and security plans in depth.
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Bedrock of the Community
United States
20753 Posts |
Quote: Some say to keep collections in a safe deposite box, but remember that FDIC does not insure those items, and those items can be seized as assets in court rulings. Also, should you pass away, it can be a hassle for your executor and/or NOK to get into that box. The IRS, in some situations, can also seize the contents of your box as well should you owe money. Point being, think out your storage and security plans in depth. Being seized is only in some states. Also, how would anyone know they are even there for a court ruling? If you pass away, you simply leave a thing called a WILL as to who gets what, when and how. Also, in the WILL you leave instructions as to the location of that Safe Deposit Box. And of course the IRS has virtually millions of employees running around locating all your assets. One of my neighbors HAD a bad habit of telling people about his Gold Coin collection in his very large, bolted to the walls and floor. Oddly enough he also made the mistake of tellling some family members the combination. His own Grandson robbed him of that collection for drug money. A safe is great but so much must be thought out in having one. I really don't see why safe manufacturers don't make them look like something else. Such as a sofa, night stand, part of a wall, coffee table, etc. Wonder if such a suggestion to them would get me some rewards.
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Pillar of the Community
United States
797 Posts |
I am looking to get a used safe. Where are good places to check for used safes? Craigslist? Any stores or shops that might get rid of things like that? Just curious, I haven't started looking yet, but I would like to get one this year at some point.
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Valued Member
United States
284 Posts |
Carl, your safe deposite box items can be seized in any state if a court ruling calls for liquidation of all of your assets. Also, that thing called a "will" is very important, but in some states your box will be left sealed for a certain amount of time after death before even your executor can get into them. Also some states require a law enforcement officer and an IRS agent have to be present for your executor to gain access to the box contents, and if you should owe money to the IRS they can seize those contents at that time. In extreme cases your box can be frozen along with any other assets, such as you bank account, and that is in any state. Carl, I grew up around banks my entire childhood and then some. I am not trying to shoot you down on this but as a law enforcement officer I have seen all of these things occur. I am not saying all of these things will happen, but it is a definate possibility. You can trust whoever you want, but I would rather trust myself.
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Bedrock of the Community
 United States
12857 Posts |
I routinely peruse CraigsList for safes ("fire safe -ticket -tickets" and "gun safe -ticket -tickets" are the searches that I've had the most success with). People usually are asking way too much for Academy, Cabella's or other sporting-goods-stores-quality safes. That's not to say those safes are bad, but top of the line they aren't. I think you can find a deal if you're willing to part with good money for a good safe.
If you have a local locksmith, sometimes they have used safes for sale as well. My bullion dealer sells high-end safes, if you have a bullion store you might check with them - they might give you a break if you buy a lot. Lastly, gun stores carry them. Not sure if you'll get the best price there tho.
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Replies: 22 / Views: 2,812 |
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