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Safes / Investment Protection

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First Page  Showing last 15 replies.
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Pillar of the Community
United States
1213 Posts
 Posted 08/08/2011  10:24 pm  Show Profile   Bookmark this reply Add okiepb to your friends list
Yes, gun safe in conjunction w/ a bank SDB is my approach also. It's nice to have some at home to look at now & then, but the high value ones go to the bank. And a German Shepard (notice the icon) is also good to have on hand. If I could just keep her from trying to nab my silver. It was cute as a puppy, but it's becoming an annoyance.

Valued Member
United States
315 Posts
 Posted 08/08/2011  11:54 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list
Thank you for posting this. I had some similar questions. We do have a monitored alarm system with some special features for some of scenarios that were presented above. I do not have a large dog, but I do have 8 chihuahuas that bite anyone they do not know. If I am home and something were to happen, the .357 or the Bushmaster M4 would make quick work of them.

I really just need more storage space. One of my former gun safes is over flowing with PM. I think am close to 1000 ozt of silver maybe more. Not to mention the numismatic value of some of my collections and slabs. Which, has displaced some of my guns(the less valuable ones) to gun cabinets and crowded the higher value guns into one cabinet. I think I am going to check out the price of large SDB for my most valuable items .

Also, I am looking hard at going to a Champion Safe Triumph Model T40 (38" x 66 ΒΌ" x 29") with the "Executive" Shelves insert. The The Champion Safes was recommended to me by a member of this forum and I have since been doing some research on them.
Bedrock of the Community
Learn More...
United States
12869 Posts
 Posted 08/09/2011  01:43 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
okiepb, your avatar, while exceedingly cute, does not (yet) strike fear into me. :)

So on the way home from work today I stopped at the bullion store and bought more stuff to keep in the safe that I'm contemplating.
Bedrock of the Community
United States
20753 Posts
 Posted 08/09/2011  11:24 am  Show Profile   Bookmark this reply Add just carl to your friends list
A neighbor had a large safe bolted to the floor and wall. Also, had one of those advertised security systems. He went on vacation and a sort of moving truck pulled up in front of his house. Neighbors ask them what was happening. They told them the people that lived here like it so much where they were at they decided to move there. When the vacationers came home, they found their house emptied out including the safe. OH, the security system? The phone rang, the burglars answered and said it was OK, just a mistake ane then took that system too.
Remember about any type of safes. During a fire they get hot. Yes, might be FIRE proof but they do get hot. Anything you have inside that is plastic will melt. Those slides in Albums, slabbed coins, etc. will melt all over the coins. Most paper and cardboard products will darken and become brittle depending on just how hot the fire becomes. Many clad type of coins too could possibly warp. Other materials you may have in that safe too will either melt of emit gasses that too could effect coins.
Valued Member
United States
315 Posts
 Posted 08/09/2011  8:36 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list
Allow me to expand a little bit more.

Don't be a "soft target" for thieves and keep the honest man honest. Locks keep the honest man honest. Layered protection slows thieves and makes you look like a hard target, so they move to a "soft target". Quality locks on quality doors, quality alarm systems and safes help to protect valuables. However, nothing is unbeatable. So I will add, that you should have a talk with your insurance agent and make sure your valuables are covered.

My security system has no phone. If the power is cut, it has its own power back up and the police come. If the phone line is cut, it doesn't use a phone line, and the police come. Also, it will call the fire department if a fire were to happen. Someone holds a gun to my head and tells me disarm it, well there is a fix for that also.

It has a numeric code, a voice password, and a lot of other features that I will not disclose on a public forum. When my alarm is triggered the police are en-route. The police have arrived at my house, before I have been able to finish the disarm/false trigger sequence. (Reminded me to tell the story of me in my boxer shorts and .357 mag VERSUS 2 police officers in my back yard sometime)

The alarm industry is highly competitive. There are some very sophisticated systems available and their are some systems that are worthless. Glass breaks, laser trips, motion detectors, etc, etc have become state of the art. Shop around and do your own due diligence.

I have other things in my home that are much more valuable to me than the shiny PM in my safes, my Wife, Son, and Daughter. I am sure many of you have very valuable items such as I speak of. I will protect those items, no matter the cost. I am sure most, if not all, feel about the same as I do in regards to protecting what is truly valuable.
Bedrock of the Community
United States
20753 Posts
 Posted 08/10/2011  10:18 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
My security system has no phone. If the power is cut, it has its own power back up and the police come. If the phone line is cut, it doesn't use a phone line, and the police come. Also, it will call the fire department if a fire were to happen. Someone holds a gun to my head and tells me disarm it, well there is a fix for that also.

Sounds like a great system. I HAD a neighbor with a similar system. Note I said HAD. Criminals can and so panic and maybe by you the police can get there in seconds, but if not, might all be to late. In his case they just took to long.
Remember too about a safe. When you get one delivered, many of your nosey neighbors see that and spread the news. Anyone visiting you and unless well concealed, also see that safe and spread the news. Your and other kids see them and also spread the news. Stories tend to get bigger and better all the time. Nothing may ever come of it all but you really never know. If you do have or get a safe, attempt to hide it from view.
Valued Member
United States
315 Posts
 Posted 08/10/2011  11:06 am  Show Profile   Bookmark this reply Add GTALLEN to your friends list
Excellent advice
Pillar of the Community
United States
1801 Posts
 Posted 08/14/2011  7:05 pm  Show Profile   Bookmark this reply Add jfransch to your friends list
I keep all my valuable coins in my safe deposit boxes at the bank. When I do have a few coins home to study, sell or photograph, I keep them in a safe to discourage any quick opportunist. But I am well aware that a determined thief who thinks you have valuables can be very resourceful so I just never keep much at home. I also am a firm believer in the pack of dogs to raise the alarm and my uncles "Smith, Wesson and Colt" to help me defend my home. Just go get a safe deposit bank at the closest bank to your house or work. Most banks around here give you one free if you open a certain type of account and keep a minimum balance.
Valued Member
United States
299 Posts
 Posted 08/15/2011  08:01 am  Show Profile   Bookmark this reply Add Piffin to your friends list
There are many U-tube videos showing how easy it is to break into the cheaper safes on the market. I studied those for some time before going shopping. I picked up my own larger FP gun safe and delivered it with family help. we are discreet and don't advertise the fact we have it.

I also do not keep all my eggs in one basket. As a remodelor I have often been asked to build in a secret hiding place for customers and I have a few of those in my own house, so even if thieves somehow openned my safe or carried it off, they would not have my whole stash. Not even all family members know where it all is
Bedrock of the Community
United States
20753 Posts
 Posted 08/15/2011  09:55 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Not even all family members know where it all is

Possibly the smartest thing you did. Everyone should remember that even a member of their own family could be a crook. All crooks are somebody's family member.
Pillar of the Community
United States
1817 Posts
 Posted 08/16/2011  2:47 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list
Good advice, Piffin

The first image that popped into my head was a way in the future episode of "This Old House." Two contractors are tearing down an inside wall and out tumbles silver and gold!
Pillar of the Community
United States
830 Posts
 Posted 08/16/2011  3:50 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list
I'd like to get a (in concrete) floor safe like the businesses use. That also should be fairly fire proof under ground and easy to hide (cover up). Anyone know of a good brand?
Pillar of the Community
3352 Posts
 Posted 08/16/2011  4:25 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list
I have been pondering buying a SentrySafe (model S7371) ... I admit that it is quite expensive ($1650 CAN), but it seems to be exactly what I want in a safe (40" high, 26" wide, 24" deep => 4.6cft), fireproof, super heavy-duty materials => it weighs 534 lbs! ... I'm gonna bolt it down to my concrete basement floor, so even if the cunning thieves somehow cut through the bolts, they'll have to haul the 534 lb safe up my basement stairs (my back hurts just thinking about it!) ...

NOTE => my second idea involved a 10 foot diameter boulder, blow-darts and booby-trapped walls that close-in on the thief if they hit the trip-wire ...

Both ideas have merit
Pillar of the Community
3352 Posts
 Posted 08/17/2011  5:24 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list
Wow, apparently shopping for safes is even more random than hunting for coins! ...

=> SentrySafe (model S7371):
STAPLES = $1650
SEARS = $1299
THE HOME DEPOT = $1099

Tat's quite a random shotgun spray, no? ... geesh, they need a Charlton Standard Catalogue associated with "safes" to keep people honest!

Man, the ol' Indiana Jones 10 foot diameter boulder idea is looking better and better!
Bedrock of the Community
United States
20753 Posts
 Posted 08/18/2011  5:29 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I'd like to get a (in concrete) floor safe like the businesses use. That also should be fairly fire proof under ground and easy to hide (cover up). Anyone know of a good brand?


As with anything in safes, for every good, there is a bad. By that I mean if you did have one of those, you would have to have a drainage for them and a good one that will not back up. Also, remember that the moisture in the air is heavier than just air so it tends to settle at the lowest points in home. So again, such a place for a safe would accmulate moisture more so than one just standing in a corner. Naturally it would be walked on, pressed down on, etc and that too may make the lid jam shut. If you had one in a basement area and the water lever outside rose, it may also rise in that safe if it has a drainage port.

Quote:
It's funny you mention that. I saw a large pot that you can put a houseplant in that actually has a false bottom for stashing valuables. It was pretty cool! Once we buy a house, I have a fake wall power outlet that is actually a small safe. You have to cut a small piece out of the wall. I will do that

Lots of items like that on the market. Even fake rocks for outside for a house key. Yes a very large fake planter too would be a great place for hiding coins as long as no one tries to water them. I know people in a house that had a fake wall put in on one side of a room. Amazing that those are not easily detectable since who would even think of looking for one.
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