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Moving A Coin Collection

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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 01/13/2009  4:26 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Some people mentioned Brinks or Loomis but how do you hide the fact that you have something of substantial value when you get to the new location? It's not everyday that you see armored trucks pull up to someone's driveway to make a delivery so that would tip off all of your new neighbors.

I would do as others say and keep it with you in the car in average plain boxes marked "books" or "dishes". If you are a gun owner, by all means bring that with you.

And definitely do not do anything to bring attention to your self. Just try to blend in as much as possible, but always be looking over your shoulder and have someone else with you to help with this cause. If you have to pay for the airline ticket for your buddy to go back home after you get to your destination, that's worth the peace of mind IMO.
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fengk's Avatar
United States
986 Posts
 Posted 01/13/2009  4:32 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
Personally, I would feel very safe sending my coins registered mail. It is the safest way to possibly send anything of value, as all registered packages are kept under lock and key and everybody who handles the package needs to sign for it. I have shipped many multi-thousand dollar packages this way with no concern at all. Shipping and insuring two packages for $25k each shouldn't cost you more than $100, depending on weight. That being said, how you ultimately decide to handle the situation is however you feel most comfortable.
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United States
284 Posts
 Posted 01/13/2009  4:33 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
You could have Brinks or whoever deliver to your workplace.

-- Boris
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 01/13/2009  4:57 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
You could have Brinks or whoever deliver to your workplace.


True but then you are tipping off your coworkers that you have something of substantial value and with him going to a new area, I am assuming this is a new job where he doesn't know the majority of people. Every company has bad apples so I wouldnt recommend this route either. Sorry for my skepticism but anytime you use an armored truck company to deliver your personal belongings, you are putting a bullseye on yourself.
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1sikevo's Avatar
United States
1130 Posts
 Posted 01/13/2009  5:05 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
I had to meet a dealer last weekend and bring what I was planning to consign. $25k in coins just in my coat pockets, and even stopped to grab lunch. If you act normal, no one will know you have valuables.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/13/2009  5:19 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Some people mentioned Brinks or Loomis but how do you hide the fact that you have something of substantial value when you get to the new location?

I would assume that anyone with 50k in coins would have enough sense to have a safety deposit box(es). The armored carrier would just deliver directly to the bank, no house or business address needs to be involved. The biggest problem would be that an armored carrier would probably charge a few hundred to a few thousand depending on distance. For purposes of cost-effectiveness, multiple registered mail packages would be best since that is the most secure method of mailing.


Quote:
If you act normal, no one will know you have valuables.

Also quite true. An 1894-S Barber dime traded hands a couple years ago, the dealer who brokered the sale flew from California to New York with the coin in his pocket. That coin sold for about $2 million, I wonder if he had sweaty palms walking around with that thing

Edited by biokemist6
01/13/2009 5:25 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/13/2009  6:14 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

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Thad beat me to it. Strap up if you have a permit to do so.


Potentially problematic, since he's moving between two states. That particular fact cost me 9 guns, a misdemeanor conviction (plea-bargained from a felony) and three years' probation a while back.

Check here (.pdf file) before you move:

http://www.handgunlaw.us/documents/...iprocity.pdf
Pillar of the Community
United States
1231 Posts
 Posted 01/13/2009  6:49 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
How far away are you moving from your current location?

If it was me I would just drive and not think twice about it.


Quote:
Since I was moved by my company, they took care of everything: packing, loading, transporting, and unloading. Everything was insured but I didn't want to take a chance with my valuables, including my unorganized coin hoard


I worked for a moving company for 5 long years. Some of the insurance they offer is a joke. Take a tv that weighs 100 pounds and is valued at $1,000. When I was there basic coverage was $0.60 per lb. So for that $1,000 tv you would only get $60.

And if a moving company was moving you, if they don't pack the box it wouldn't be fully covered. All boxes on the inventory that are packed by the customer are listed as CP. The compnay I worked for required us to record every serial number on electronics when we were packing them.
Edited by onejinx
01/13/2009 6:50 pm
Bedrock of the Community
United States
20753 Posts
 Posted 01/13/2009  7:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

Well, I can quell one worry if you drive them yourself (valid in USA). If the cop wants to search your car, tell him no. If you do not consent to his searching your car, and you don't have something like a gun or drugs in plain sight, he can not legally search your vehicle. Of course, my worry would be a traffic accident. Is short term insurance available for something like this perhaps?


Sure sounds like someone that has ever been stopped by the cops. Around here anyway, yes you can say no to a search. Of course they then take you in for questioning on just about anything. Now your auto is towed and by either the police towing or a hired service. The questioning would be if you started the Chicago fire, killed Nero, were involved with that Lincoln thing in the theater, etc.
One thing as already mentioned is if you drive them to your new area you take the chance of something going wrong with your car. It then gets towed by who knows who. You stop in a rest area and never see your car again. You get out for something to eat and get robbed.
The solution given for any of that was the best so far. Travel with someone in another vehical if possible.
To carry a firearm in your auto you first must make sure that all states you travel through would allow that. If in Illinois and your stopped and no Illinois FOID card, to jail you would go, then fined and the fire arm lost. So where would those coins be during all that?
To have a Brinks type truck stop in front of your new house would surely be of interest to your new neighbors. Hopefully none are like mine. Same with where you work.
In the greatest amount of instances of people being moved by a mover, your would find that if a really reputable mover nothing is lost. Occationally something may get scratched or broke, but seldom lost. If it were me I'd just put all the coins in something like a large box, muffle with bubble wrap, then into anothe box, then tape the heck out of it and lable it Dishes. Handle with care. Of course lable all the boxes so nothing appears suspicious.
If something happened to the truck, they get on the phone and call for a back up. They just want your stuff off the truck so they don't waste time inspecting stuff. Many stories of people just tieing up a cabinet and shipping everything as is. Money, check books, jewelery, etc. and no problems.
Of course if your really worried I'll just come pick it all up for you and you will never have to worry about that again.
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Hollywood's Avatar
United States
1228 Posts
 Posted 01/13/2009  10:58 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
What ever you do you will be verry nervouse about it I recently did something like this and it ruined the trip because my only focus were the coins youll under stand what I mean once you hit the road with them !
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BadThad's Avatar
United States
19930 Posts
 Posted 01/14/2009  08:59 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
Potentially problematic, since he's moving between two states. That particular fact cost me 9 guns, a misdemeanor conviction (plea-bargained from a felony) and three years' probation a while back.


Sorry to hear that!

Definately, all CC permit holders must be acutely aware of this! I keep praying that they fix this whole situation. If you have a permit in one state, it really should be valid in ALL states.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/14/2009  09:46 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's been pretty much fixed - note the large amount of reciprocity in my link above. Unfortunately, I'm originally from Vermont (where "gun control" means always keeping the muzzle pointed in a safe direction) and was moving to New York (not so much).

You shoulda seen the look on the cop's face when he asked me if I had any guns or anything in the car, and I said, "Yeah, I got a whole bunch in the back."
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PennehChaos's Avatar
United States
311 Posts
 Posted 01/14/2009  10:23 am  Show Profile   Bookmark this reply Add PennehChaos to your friends list Get a Link to this Reply

Quote:
Around here anyway, yes you can say no to a search. Of course they then take you in for questioning on just about anything. Now your auto is towed and by either the police towing or a hired service. The questioning would be if you started the Chicago fire, killed Nero, were involved with that Lincoln thing in the theater, etc.
One thing as already mentioned is if you drive them to your new area you take the chance of something going wrong with your car. It then gets towed by who knows who. You stop in a rest area and never see your car again. You get out for something to eat and get robbed.


Carl, with the way you talk about your area, I wouldn't drive through with more than a dollar in my pocket unless I was in an M-1 Abrams tank! Even that would only be good for a hundred dollars or so... with fifty grand, I'd want air support too! Fortunately not every part of the country is like that.

Interesting story on moving valuable coins-
http://www.nytimes.com/2008/06/16/n.../Numismatics
Edited by PennehChaos
01/14/2009 10:25 am
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snowman's Avatar
United States
1840 Posts
 Posted 01/14/2009  4:39 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
I think that you make the mistake of thinking that your situation is unique. Try calling UPS or FedEx to see what they suggest. I know for a fact that people ship valuables worth more than this (see Bernie Madoff).

You also may want to try asking some of the high-end movers what they suggest. Around here, Gentle Giant Moving Company is known to as a company that the wealthy like to use. I'm sure that there are people who have art and furniture that make your coin collection look like small potatoes.

Or you could just use the guys that Heritage uses:
http://coins.ha.com/common/shipping...ndations.php

Incidentally, I think driving it is the worst option. At least other means of transport can be insured. What happens if you are in an accident and get rushed to the hospital?
Edited by snowman
01/14/2009 4:40 pm
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/14/2009  5:03 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
or the plane crashes, or the Brinks Truck is hijacked, or they arrest you for gun trafficing and confiscate your coins, or they mistake your FED Ex for one of Bernie's and take your coins to recover value for investors, or your brother traveling with you is seduced by a beautiful thief and gives her the keys to your trunk, or you find out your new job is a ruse and a scum bag co-worker takes your coins the first day you try and go to work, or (deep breath here) lets not leave out natural disasters - as you drive through Wyoming to your new job, Yellowstone erupts, you and your traveling collection are blown out of the car. You survive, but the ash from the eruption is loaded with PVC and your collection is immediately tarnished. It is miles to a store that carries acetone and well my lord it is so hopeless......
Edited by okie-colin
01/14/2009 5:09 pm
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