Where To Keep The Coins

I think we've been through this before but at my age, can't remember. Some time back someone posted that banks keep the safe deposit box areas high in humidity for preservation of paper documents. So being the type of person that has to know from the sources I visited all 5of the banks I use and asked officers about the A/C systems. All wanted to know why I am I asking this naturally for security purposes. As I told them why, some laughed at me openly. Some looked at me as if I needed some mental help. As most pointed out, no bank would have two separate A/C systems due to just not worth the cost. In most banks the Safe Deposit areas are open to the rest of the bank all day during normal hours with the exception of a barred gate at some. This means the same A/C system is being used for the entire place. And adding humidity to such a place would probably do more damage to paper products than any good.
The thing to do is for you to go to your bank and you too could get some really odd looks for that question.

There a few sub species of funnel web spiders, and can be found widely on the East Coast of Australia. Artrax Robustus is the sub species that is found only in the sandstone ares of Sydney, and nowhere else. They are a ground spider and build web lined burrows about 3/4" to 1" diameter. These burrows often go down to the level of rubble drains. They are a very aggressive spider in the mating season, during the summer months of January and February.

The poison is neurotoxic, and is only fatal to humans and perhaps higher level primates. I have never heard of pets or other animals dying from bites from this type of spider.

When I was a kid I found one in bed once, and I had nightmares for about 5 years after that. I found one in a shoe I was about to wear, and on another occasion, when I was about 20 or so, I was about to wipe my face with a towel, and there was a a funnel web inside the roll as the towel hung over the towel rail.

This one bit me on the knuckle, but didn't get much poison into me, because it's fangs hit hard tissue. The blighter tattooed me. and I still have two small marks on the knuckle of my left index finger. The spider was captured on this occasion, and I went straight to hospital for observation but treatment was not required. The spider was confirmed as a funnel web. I later let it go!

I looked into an insurance policy through my homeowners, I don't recall what the price was, but they were going to require a complete inventory of my collection and have it get appraised.

Through ANA you can get insurance through Hugh Woods. Their policy is $50 per year to insure $14,000 worth of coins (thats what it was last time I renewed). They do not require you to have your collection appraised. They do not require you to supply them with an inventory. When you file a claim you just let them know what you lost, so you do have to keep some kind of records of what you have.

The first part of my storage solution is that no one outside of my wife even knows that I have any silver or gold coins.

I like keeping them at home and I feel comfortable having them close by. A great thief might find them but for the most part the normal thief is going to be looking for the traditional things like electronics, guns and jewelry since there is nothing to point out(this hold has gold & silver coins).

I have a safety deposit box but I only use it to store important papers. I never would trust a bank with the precious metals.

For a few reasons, first of all my PM is mostly for fun, I like looking at it. Second it is a safety net in case of a financial melt down. Third since it is not insured by the FDIC I carry enough insurance to cover it for a theft loss and keep it home.

In case of death the kids have fast access to it. It is possible that my safety deposit box could be sealed for some time if this was to happen.

Maybe trust is a little strong because short of a bomb, fire, flood, employee theft or the bank wrongfully closing the account there isn't much that can really happen to a safety deposit box. Those are all very long shots at best.

I am not in the club that worries about government confiscation of PM in a safety deposit box. I just like having access 24 x 7 something a bank can not offer.

If you were looking to put a safe into your house. Stop by a local Kmart Wall Mart pick up a box that would fit over your safe say a washer box or refrigerator box. they usually cut around the bottom and lift off. So find out your safe size and just ask to speak with a manager tell them your dropping off clothes at good will. They never say no. Bring the box to your safe company or request it sent in a washer or dryer box. I did this when I sold an old Acme safe the thing had to weigh a TON. It has steel casters on it that don't swivel just go straight. We had to use a pry bar under it to turn it. But I put a dryer box on it then rented one of those pallet jacks and moved this thing into a garage. A neighbor with peering eyes watched until the door was closed. We put the empty box back on pallet jack pulled it out like we pulled in cursing the whole time Darn thing don't fit. Put it back on truck and left. He says to this day the neighbor asks did he ever get the new dryer. LOL

I keep good digital images of most of my coins on my computer but 95% of my collection is in a bank SDB. I got a rider on my insurance policy to cover $3,000 in coins kept at home but I rarely have $3,000 in coins here.