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 Replies: 31 / Views: 4,353 |
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Pillar of the Community
United States
1454 Posts |
I know I'm not the only one who worries about it but if you or someone you know suffered a PM burglary and you don't mind discussing the details- how it occurred, was the culprit ever determined, were the PMs recovered, and what might people learn from the theft (i.e. preventative measures to avoid similar misfortune)?
Thanks in advance.
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Pillar of the Community
United Kingdom
2133 Posts |
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Pillar of the Community
United States
1064 Posts |
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Pillar of the Community
Canada
677 Posts |
No not yet. I did however just recently get some money from the casino over there and turned it into silver eagles. I then locked it in the safe still waiting to double my money. Now that's a robbery of a good kind.
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Pillar of the Community
United States
863 Posts |
ahhh someone stole my private messages.
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Pillar of the Community
United States
4897 Posts |
I worked the 2nd shift for a few years....does that count?  Edited by amida17
07/07/2012 11:48 pm
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Pillar of the Community
Australia
7096 Posts |
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Pillar of the Community
United States
808 Posts |
What's on your mind, traevin? Hopefully your question is simply educational and not the result of something unfortunate. I'll tell you that I too share many of your questions and concerns on this subject.
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Pillar of the Community
 United States
1454 Posts |
You hit the mark, CW. I always knew you were Mensa material. Anyway, a relative of mine had a recent coin burglary and I wanted to do some research on the subject. This seemed like the perfect milieu for it.
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Bedrock of the Community
United States
36782 Posts |
Don't have any, lost all mine in a boating accident.
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Pillar of the Community
United States
808 Posts |
I could read it in your words T that something had to be up. Man, I'm very sorry to hear that news.
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Pillar of the Community
United States
1150 Posts |
You can find a lot of stolen PM stories online if you look around. My coin dealer used to tell me about other dealers leaving shows, being followed, and having their cars broken into when they stopped to eat. Here is a story from my area; http://www.kitsapsun.com/news/2011/...rglaries-in/Edited by mitchhailey
07/08/2012 3:48 pm
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Pillar of the Community
United States
593 Posts |
Any valuable that is easily carried and sold on ebay or to a pawn shop is at risk. PMs are especially attractive because all BU Silver Eagles look pretty much the same so you wouldn't be able to identify YOUR stolen coin even if you spotted the auction on ebay or saw the coin in a pawn shop. Obviously it's a good idea not to advertise that you have valuables, but your level of security depends on the value of your hoard. If you have $1000 worth of silver you could probably find a nice hiding place in your house. If you are holding $10,000 in PMs you should probably get a safe or a safe-deposit box. If you are hoarding PMs for investment reasons you would likely want a safe-deposit box. If you're planning on the EOTWAWKI, I would stash them in multiple good hiding places like hollowed out books or behind false walls or hinged bookcases, etc. |
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Pillar of the Community
United States
4008 Posts |
Quote:
Don't have any, lost all mine in a boating accident. Yeah, there seems to be a lot of that going around. Must be all these unregulated boat drivers that are loose in the world.  I agree that PM theft is a significant concern. Having some really good hiding places is good. Layered security is also good. By layered, I mean more than 1 or 2 security devices or procedures. A noisy dog is one of the best theft deterrents there is. Criminals love to do their dastardly deeds without attention, so anything that brings the attention of home-owners / renters, neighbors, or the police is all to the good. A good alarm system is also good, especially if it is monitored and backed up by a battery system. Opinions differ on whether or not a safe is worthwhile but I believe that it is. No, it is not perfect but it is an impediment, especially if it is strongly bolted to a concrete floor or wall. Anything that slows criminal activity and actually makes them WORK for what they get is good for us and bad for them. Heh, if they were into working for a living, they probably would not be criminals! Insurance on your silver collection is good too, if you can get it and it is affordable. Only problems with insurance are cost and availability. We can get a decent monitored alarm system for about the same cost as the insurance, if we have a substantial silver collection. Anything that we can do to make our homes less inviting to uninvited guests is good. Good locks, cut back shrubs, no windows next to the doors, video cameras, etc. |
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Pillar of the Community
United States
759 Posts |
mitchhailey...thanks for the sleepless night coming up. :)] We have a house in Port Orchard. No PMs there, but still.
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Valued Member
United States
272 Posts |
I had all my coins / PMs stolen back in 2003 when I moved from Germany back to the US. It was a military move and my shipment was broken into. I lost a safe full of coins and PMs as well as other items. I never got them back and the Army refused to pay for them because they were considered "cash". I was told they were supposed to be hand carried on the plane with me. I tried to explain there was no way to carry a safe full of coins on a plane, but they didn't care.
I did notice on my most recent militar move, the one I'm on now, it stated in the shipping papers that they would not ship coin collections, at least they are letting people know now. I'm carrying all my PMs in my camper with me now :)
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Replies: 31 / Views: 4,353 |
Posted 07/07/2012 9:40 pm
