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Safe Deposit Box Or Home Safe?

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fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/28/2012  9:07 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Safe-deposit for me! Some coins at home tho, but scattered all over so as to confuse the burglar.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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ghostrider's Avatar
United States
1116 Posts
 Posted 08/28/2012  10:33 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
Personally I prefer the Buddist theory of home protection personally and employ three dogs to that end. I have a 190 pound male Japanese Torsa, 130 pound male Rotti, and a 35 pound neurotic female of undetermined origins. The little one sounds the alarm and the other come to investigate. The males are extremely territorial and protective. The love the neighbors and are skittish around strangers.

The UPS delivery man, the mailman, and pizza delivery men are well aware of my house. I always tell them that they are like acat but they don't believe me. I guess that size does matter after all.
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CelticKnot's Avatar
United States
12847 Posts
 Posted 02/13/2013  01:24 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I don't know that it was specifically said in this topic but I suspect it was implied. You can't go wrong with diversifying, just like investing. Buy a safe (bolted down) and keep some of your valuables there, and maybe some in a safe deposit box at your bank. Perhaps store some of your "uglier" PMs in a small fire safe in a crawl space or something.

Point is that if one of those is compromised, your entire collection doesn't disappear.

@ghostrider.... that's a lot of dog. :)
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westcoin's Avatar
United States
9794 Posts
 Posted 02/13/2013  03:01 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
You might enjoy this video then.
https://goccf.com/t/138498&whichpage=2#1261506

I have both Get a "good" safe and keep really rare stuff at the bank, also hiddy areas in the house for some things that need to stay near for upcoming sales, or coin show, etc.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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GoldenChest's Avatar
United States
814 Posts
 Posted 02/15/2013  9:54 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Would you recommend a safe or deposit box if your collection. Consisted of numerous low value coins that together could be.pricey, say in the neighbor of 5-10k? Or is this generally a practice.for high dollar coins only.

Edit-spelling
Edited by GoldenChest
02/16/2013 12:43 am
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basebal21's Avatar
13014 Posts
 Posted 02/15/2013  10:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Id recommend a safe. Deposit boxes will have limited space that will be costing you a lot over time if you have a large collection like that where the safe is just a 1 time expense.
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westcoin's Avatar
United States
9794 Posts
 Posted 02/15/2013  11:27 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
All depends on the safe deposit box. If you can get a deal, my parents had a free one for years, that I used through a bank promotion when they opened their accounts. Under $50.00/yr. seems rare anymore and larger boxes really start costing, on the low end of pricing, you'd be lucky to fit close to 100 slabbed coins in one, or one 14" double row 2x2 box. A quality safe can hold lts if large enough, and makes it not easily taken in a burglary by youths in the neighborhood, could be purchased up front for a few years worth of bank fees for storage. A home safe makes sense as it's available to you 24/7. Good place to store digital camera, laptop, external hard rives, that rare 1st edition book, family mementoes, photos, guns, watches, jewlery, etc. Check out the safes Fort Knox for the best mid range safe made in America!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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ghostrider's Avatar
United States
1116 Posts
 Posted 02/28/2013  10:26 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
I ran across this site and really didn't think much of it at first, but when I re-read the site and thought about it the information is really of some use to this discussion.

There are some who have collections that can be safeguarded by some of the information that is in this site.

Where is the the safest place to hide something of value. To me it would be in plain sight masquarding as something it is not.

For example: there are some off the wall ideas that can hide of stuff. Cans the be magnetized and hidden in a desk. Some bedroom furniture has dust shelving between drawers that can be adapted to do double duty. Sometimes you have to be imaginative in you solutions to a security problem. In a modern home with modern furniture there is a whole host of areas where you put items. A friend of mine was telling me that he had purchased an old home and had found a small stash of coins in a cloth bag suspended between the walls in a house that built in the 1890's. The coins were from the 20's and 30's but were in good shape considering.

Anyway, here is the site for you referral.

http://www.stashvault.com/how-to-ma...sh-can-safe/

Check out some of the various months, you might find something useful. I'd be interested to know what you think of the site. Of course, I'll not be telling what suggestions (if any) that I found to be useful.

Enjoy.
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nm_nate's Avatar
United States
1 Posts
 Posted 11/03/2014  12:58 am  Show Profile   Bookmark this reply Add nm_nate to your friends list Get a Link to this Reply
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vermontensium's Avatar
United States
16679 Posts
 Posted 11/03/2014  01:03 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I have both. The largest SDB they had (7 years now) and a Winchester home safe which is bolted to my cement floor.
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Orlando di Lasso's Avatar
Canada
55 Posts
 Posted 12/18/2014  04:23 am  Show Profile   Bookmark this reply Add Orlando di Lasso to your friends list Get a Link to this Reply
I think one of the best ideas is to put cheap coins like nickel dollars in an obvious place. I have a friend that collects Nazi weapons and badges. He lives in an apartment building and he's been robbed before. Now he buys replicas and puts them out in the open and hides the real ones. I had another friend that got robbed. They came in through the kitchen window while he was asleep. Took his coins, his ammo, food from the fridge, the tv, his car, and a bunch of other stuff. Then he (or they) broke into two more houses on the block.
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Bas S Warwick's Avatar
New Zealand
526 Posts
 Posted 12/18/2014  04:43 am  Show Profile   Bookmark this reply Add Bas S Warwick to your friends list Get a Link to this Reply
When I lived in the UK I had a floor safe put in the concrete floor (in a corner). With wall to wall carpet and a piece of furniture over it no-one was ever the wiser. In fact I didnt even tell the people who bought the house that it was there - so until someone in the future changes the carpet they are still in the dark. I think I left a GB penny in there.....one day it may have some value .

Cant do that now in an apartment....so its a safety deposit box for me.
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Buffalow's Avatar
United States
105 Posts
 Posted 12/18/2014  07:38 am  Show Profile   Bookmark this reply Add Buffalow to your friends list Get a Link to this Reply
A lot of coin tubes will fit where the extensions are stored under the dining room table top.
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 12/18/2014  08:23 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I am one of the lucky five people in my bank, who have a large safety deposit box. It can hold 11 PCGS Blue Boxes, and that is where my registry sets and better errors are stored. I take photos of my coins and use the PCGS showcase sets for errors and varieties. So I can show my coins, without having to take them out. Stuff of lesser value is down in the man cave, and I pay about $300 per year for a separate coin collection insurance policy (through Hugh Wood). A couple big dogs at the house, make a great deterrent...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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Bertensgrad's Avatar
United States
1192 Posts
 Posted 12/18/2014  08:34 am  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
I have two 110 lb male dogs. They do look intimidating when they get angry.
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