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 Replies: 84 / Views: 15,521 |
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Moderator
 United States
14463 Posts |
I recently got a safe deposit box: in there are mostly gold coins, rare coins, some slabbed coins, and others. In my safe at home: I have general coin albums, some commemoratives, some slabbed coins, and coins that can be replaced.
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Pillar of the Community
United States
3210 Posts |
And for all of you thinking safety deposit boxes are 100% safe, I present you the following article. Anyone determined enough can get into a safety deposit box room, i.e. These people did it by going through the roof. http://www.nytimes.com/2016/05/24/n...of.html?_r=0 |
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Pillar of the Community
United States
5029 Posts |
Nothing is actually going to deter a motivated person that is intent on robbing a bank or a home. So I saw the short pro/con for safe and sdb. Focusing on safes for a moment-
What are some of the features on a safe that you would want or not want?
Anyone with digital safe ever have issue with it not working?
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Pillar of the Community
United States
3210 Posts |
My safe is a digital safe, but it comes with 2 skeleton keys that are behind the digital lock, in case the batteries die or something damages the keypad. My parents have the exact same safe as me (I got mine earlier this spring while they have had theirs for a few years).
I just prefer safes, cause I know where it is, I have easy access to it, and I know no one will break into it (If per chance they broke into the house the alarm would have the cops to my house in 3 minutes).
Edited by Imthealphaomega
12/29/2016 10:24 am
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Bedrock of the Community
United States
17884 Posts |
Quote:
And for all of you thinking safety deposit boxes are 100% safe, I present you the following article. True nothing is 100% safe, but how many articles have you seen where home burglaries have included theft of itmes from a safe (or even theft of the safe itself), and how many have you seen of safe deposit box break ins? Like maybe 500 or a thousand to one? And with that NY break in, they did catch the guys. How many home break ins get solved? (Of course in either case the rarely recover the stolen property.) |
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Pillar of the Community
Canada
5246 Posts |
I think that a SDB is much safer. True, in "Goldfinger" the bad guys did break into Fort Knox so there are no guarantees.
Try mentioning this to your bank. I did and found out that the roof is 3 feet of concrete.
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Bedrock of the Community
United States
11951 Posts |
 More homes have break-ins than Banks. I have a heavy safe at home, but feel much better then having many of my better coins and bulk gold and silver in the banks safe deposit box.  |
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Pillar of the Community
United States
790 Posts |
All that's true. Empirically a safe deposit box is safer. But like a lot of collectors, I like to be able to pull out my coins and look at them now and then, and it's also a PITA to have to drive to the bank, wait around for a banker to let me in, stand in a cube and look under bad lighting, and then stow them again. It's hard to ENJOY your collection like that.
Maybe one day I'll have lots and lots of coins, and I won't mind the most valuable of them being difficult to get to. I'm not there yet. And I already pay for a large safe deposit box for important papers for my mom. I would need another large one for my own papers that I wouldn't want to lose in a fire or burglary, and another for the coins. At $85-100 a year per box, it seems cheaper over a few years to just get a safe large enough to hold it all. I also have an alarm system, and between that, security doors, and a 400lb plus contents safe that would be hard to get into or get out the door with before the cops came, I feel pretty comfortable with the safe. And a few judiciously placed weapons of choice in case I happen to be home when someone tries it.
JMO
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Pillar of the Community
United States
3516 Posts |
My parents have a safety deposit box from my grandparents. When we opened it, there were old coins and bills.Those are currently in my collection. I keep some coins and other money in it. But mostly I have a safe in my desk and another safe somewhere else. The rest of the coins and collectibles are in my closet, inside and on top of my desk. So I like both. Excluding the coins I taped in my window to tone!!  |
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Replies: 84 / Views: 15,521 |
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Posted 12/29/2016 09:36 am
