What Value Requires A Home Safe?

Here's my question to you, do YOU value your collection regardless of it's monetary value? If so then it's time to get a safe. Get the biggest one you can afford, it will come in handy for a lot more things besides coins, make sure it has a good fire rating and is at least water resistant if not actually water proof. And don't forget to BOLT IT DOWN. You could put it on a charge card and pay it off monthly, that way you could get a better one then if you had to pay for it all at once. Hope this info helps you out some.
John1

As noted this comes up all the time. And I too always say the same thing. Depending on where you live, how many and who you have over to visit, relatives that know you have a safe, etc. Then too if your in a fairly populated area and a safe is delivered that is large enough to have to have it delivered, people for miles around would probably know this. When you have people over they have a tendency to snoop around. Unless your safe is really consealed, they will see it. Not that those will rob you, but they, as all people do, tell stories that constantly change. First you have a small safe with only a few thousand but eventually you have a large safe bolted to the walls and floors with possibly millions in jewlery, Gold, coins, guns and on and on and on. And when the crooks do come, that safe will be what they heard about and the gun to your head will open it.
If you do get a safe, have it delivered at night, don't tell anyone, don't have any more people over for anything.
And that bolted to the floor/wall stuff is just a joke to most professional crooks. One neighbor HAD safe that was bolted to the floors and walls. When his house was robbed they took that safe. They also took his burglar alarm system.
And remember that a safe is a sort of oven when it comes to a fire. The stuff in there may not get burned but if the fire is sufficient, the safe gets hot and everything inside starts to melt. Look at all the plastic your proof, uncirc sets are in. Look at the coins in slabs. Imagine all that plastic and cardboard melting all over your coins.

I think if I were to use a safe id put circulated junk and stamps in it , make it look like its my collection.Bunch of tacky costume jewelery and a fake rolex oughta seal the deal.

I have doubts if we'd get robbers in this neck of the woods , everybody and their cat is armed without doubt,just part of the society here...and I've got to say , it appears to be a deterrant.

For Jays-Dad, How can you have 34,000 coins and only have spent $15,000. Tell us where you buy your coins. Wally

Yes, and do not discount the number of coins to be found in circulation for face value!

If my collection topped 5k I think I would consider a safe.(long and far away from it)
Realizing that the thing people around here like just as much as collection coins,is talking about and showing off their collection.
Unfortunately, The thing you love the most is the worst thing to do.
I am also a TCA member (train collector assn). Everything you do on line with them is required to be signed with your first and last name. As my name address and phone number is in their registry, it opens up a major liability. (I don't participate in any of their forums anymore)
If you need to brag, put your best stuff in a safe or safe deposit box. Show off the pictures.
Ok maybe leave something that is relatively low end just in case you get robbed...you know thieving coin collectors need to find something

It amazes me how so many people think that your hobby and your "safe" are going to be some kind of "well kept secret" for the next 47 years......meaning .....no neighbors will know about your "coins".......no friends......no friends of friends (everybody knows how that goes)......no friends of family members.......no extended family members.......
These are all of the "avenues" for this information to be put out there in due time.....and OF COURSE it will eventually happen. And as Carl has said.......the story can/will even grow to proportions that are unbelievable !
One of my own Cousins is under the impression that I have TENS OF THOUSANDS of dollars worth of coins at my place.....I constantly tell him NO !.......WAYYYYY OFF ! I don't have a total value anywhere NEAR that !......And that it's all down at the bank in SDB's anyway and NOT at home !......but to no avail. He still believes that. I trust "him".....but he blabs this (with pride) to his friends....of whom I neither trust nor know well. And he's brought these "friends" to my house, unannounced, more than once through the years.
My best friend is another example....we've known each other since the third grade......I trust him with my life and I'm Godfather to his firstborn child......but "through him".....his sister and her husband know about my coins, my best friends' wife's family....Cousins of theirs......many of whom know where I live and some have been at my home..... so.....it's "come up" at more than one of their "family gatherings" and "get togethers" through the years that I've attended. ....."his" friends (many are "mutual" and many are not)....."his" co-workers... "his" family.......get the point ? People just love to ask and talk about "coins" on any level when they've learned this is one of your "hobbies".
My employees.......two have been here for 13 years ! ......and they know FULL WELL of my coin collecting interest. Heck.....they come to me all the time asking me how much some "old coin" is worth or offering me a Wheat cent that they found or something. I've seen and met MANY of their friends AND I KNOW I DON'T TRUST THEM !
I could go on and on and on and on and on and on and on and on....with many more "examples"......we all have these possible/potential/likely scenarios with our lives and the people in them.

So, I can just NEVER believe that it's possible for a person to keep completely secret 100% of the time for the next 47 years about what might be in their home that would be of great interest to people "out there" (esp. something like "valuable coins").........much less the reasons of a fire in your home or a flood in your neighborhood which ought to be the best reasons for NOT getting a safe at home.

Anyway....simply put....Safety Deposit Box reasons :

Fire
Flood
Thievery
Humidity/temp control

The only drawback........is convenience.

Which of these is "more likley to happen" at home......or at a bank ?
That's why I'd choose a SDB for anything over $1,500.00

Justify the expense of a safe;

You can put a lot of other valuables in a safe besides coins, jewelry, documents, guns, photos, etc. The older you get, the bigger and more cluttered the safe needed. I know people who have several safes, walk in safes, and even a person who has one the size of a two car garage, don't ask.