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 Replies: 22 / Views: 3,060 |
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Pillar of the Community
Canada
1177 Posts |
as many of you know, I'm in college, I go to school 3 hours away from home so being a first year I wanted to bring my coins with me, but I find I take A LOT of "coin breaks" instead of studying. also, because my coins are always beside me, so I CONSTANTLY ebay and Kijiji, I think I've spent upwards of 500$ of coins (more than an average college kid spends on food) and I'm kind of getting annoyed because i'll set limits "only 50$ this week" first night on ebay and I just dropped 90$ on Silver... anyways, I think it would be best if I brought my coins home for second term first year and left them there for 5-6 months while I'm back here to school. i do have a heavy duty fire safe (its probably about 1 ft wide, 1 ft length and half ft high, so it can be carried. my main question... how to I store the contents in side. I have PCGS and ICCS slabs, silver in airtights and paper money galore. i don't have the funds to send about 5 valuable coins to get graded so I have them in 2X2's and then in a ziplock bag, I also have all mmy silver in airtights and then in an air tight tube capsule and all graded coins in ziplock bags, will I be fine leaving all my paper money in their sleeves or should I find a new way to store them. also how do I go about leaving my safe at home? chain it to something? :P |
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Bedrock of the Community
13014 Posts |
For the safe at home the ideal way is to have it bolted to the floor if youre worrying about someone just stealing the safe.
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Pillar of the Community
United States
2543 Posts |
I had the local machine shop drill two holes in the back of the safe 16 inches apart ( wall studs in the U.S. are 16 inches apart ) I lag bolted the safe to the wall in the back of the closet. Someone needs to open the safe to get at the lag bolts.
Its not infallible, but someone is going to need a lot of time and tools to get the safe out.
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Bedrock of the Community
Australia
21786 Posts |
My safe is bolted to the floor, inside a built in cupboard. The safe has to be opened, to enable it to be moved.
It does not look like a safe, because it has a corrugated cardboard box over it, and junk thrown on that.
If my home was invaded with nobody home, hopefully, there is less chance that the safe will be discovered.
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Pillar of the Community
 Canada
1177 Posts |
thanks for the ideas, we'll see how my parents feel about bolting my safe down!
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Pillar of the Community
Canada
1005 Posts |
If it is a sentry fire safe it is designed to be bolted down. (does it have recesses for bolts on the bottom inside?)
If you watch the storage auction shows they show you if you find a fire safe just drop it on its top corner and it will pop right open.
Look into a safety deposit box at the bank. Mine is $40.00 a year.
Edited by Bm0ney
11/23/2012 6:29 pm
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Bedrock of the Community
United States
20753 Posts |
Bolting a safe to a wall or floor is sort of a myth. Most professional burglars know safes are bolted either to a floor or wall and bring some decent sized crow bars with them for that purpose. One of my neighbors found that out. Left some nasty ripped up walls. Bolting down a safe is OK for amateur robbers though but for home invasion types of robbers, they are much better equipped due to experiences.
One of the worst problems with a safe at home is a criminal that puts a gun to someone's head and says open it or else.
If your parents don't know the combination and the crooks don't believe that, guess what's next. And remember that if in a visable location, family members, friends, neighbors just love to talk, talk, talk. Your safe may well end up holding millions of dollars.
Safe's are great for many reason though. But remember that although most have high fire ratings, they still get hot inside in a fire. Anything of plastic will melt and usually all over your coins.
The smartest thing, if possible, is to find a place to simply hide the safe. If small enough, cover with a modified cloths hamper or similar fake item.
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Valued Member
United States
470 Posts |
The best thing you can do is forget about the safe. Put everything in a shoe box (or 2 depending on the size of your collection) and slide it under the bed. The odds are it will still be there in 6 months. Not to worry.
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Pillar of the Community
Canada
1177 Posts |
not with my family ;). I have a sister who was not put out on the right foot, she's 21 and still lives at home, a shoe box is suspicious especially when she can't find my safe. she would never try to break into my safe if she knew where it was but if she found a shoe box full of coins some would be gone.
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Valued Member
United States
470 Posts |
It makes it tough when you can't trust your own family.
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Pillar of the Community
Canada
1177 Posts |
it just sucks when no one else in your family collects, I'm scared that my 2$ UNC devils face will buy someone a coffee one day.
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Bedrock of the Community
United States
20753 Posts |
Quote:
It makes it tough when you can't trust your own family. One of my neighbors had his safe robbed of Gold Coins. No the crook didn't break it open. No it was simply opened by the crook, my neighbors grandson. All coins were sold for drug money. |
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Pillar of the Community
Canada
1177 Posts |
that makes me mad, so much disrespect
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Moderator
 United States
16679 Posts |
For your most cherished coins, bank SDB. I've had mine there for 7 years now, without a problem.
If you get a home safe, the large gun safes are the way to go.
Extremely tough and extremely heavy.
swcoin.ecrater.com
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Bedrock of the Community
Canada
10743 Posts |
Ahh.... to hide coins in the house.. we have a safe which has a few very common coins in it, but we have a hidden wall that comes apart in the closet that holds our very expensive and dear coins behind.  As far as a SDB one has to go to the bank when it's open to show or see your coins, not that convenient I think.. |
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Bedrock of the Community
13014 Posts |
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As far as a SDB one has to go to the bank when it's open to show or see your coins, not that convenient I think.. Thats my issue with that method I like to look at my coins to much, now if I ever got lucky and got a 50k or 6 figure coin sent back to me from a grading company for something like that Id go with the SDB |
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Replies: 22 / Views: 3,060 |
Posted 11/22/2012 6:47 pm
