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How Do You Store Your Coins And Pm's For Security?

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wolf-n-wa's Avatar
United States
602 Posts
 Posted 07/15/2010  8:16 pm  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list Get a Link to this Reply
Think I better start figuring this one out. Mine are kinda just there for the taking. If you can get past a few obstacles. But I think I should at least invest in a safe. WOLF
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jfransch's Avatar
United States
1801 Posts
 Posted 07/15/2010  8:59 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Bank safe deposit box, but I also work at the bank so it is very convenient for me.
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okiepb's Avatar
United States
1213 Posts
 Posted 07/15/2010  10:56 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
I have a safe but since it's in the basement, I am concerned w/ the humidity factor. I added a 1 pound box of silica gel which I reactivate a couple of times a year. It's been 3 years so far and I haven't seen any damage to the coins. Or is 3 years too early and am I just asking for trouble keeping it in the basement? Should I relocate it upstairs?
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SA4H's Avatar
United States
2764 Posts
 Posted 07/16/2010  04:46 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I do both. Those less likely to be accessed or looked at everyday go to SD otherwise they are at a safe place with extra measuressssssss!
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turtleoverhead's Avatar
Australia
585 Posts
 Posted 07/16/2010  07:14 am  Show Profile   Bookmark this reply Add turtleoverhead to your friends list Get a Link to this Reply
Safe deposit box at Bank.
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Billie's Avatar
United States
592 Posts
 Posted 07/16/2010  07:54 am  Show Profile   Bookmark this reply Add Billie to your friends list Get a Link to this Reply
Coins that are long term hold & nice expensive stuff go to bank SD box.
Stuff we are working on go in various places in my home, but we have 120lb. German Shepard & Smith & Wesson.

On other very important point; Loose lips sink ships. It should not be common knowledge what you keep at home.
Bedrock of the Community
United States
20753 Posts
 Posted 07/17/2010  3:48 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

Where do you store your coins and PM's for security? Just curious, which is better, a home safe or bank safe deposit box?
Thanks, ffd


Actually I just lay all my coins out on a table in the front window. Criminals always look for items that are hidden so they should miss my entire collection.
In reality my most expensive collections are in 5 separate safe deposit boxes. Really an irritant when I want to look at something or change a coin. And even going to the wrong place is getting to be normal for me lately. Must be the heat.
Bedrock of the Community
United States
20753 Posts
 Posted 07/17/2010  3:54 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
4th Security Measure: As the burglar is pinned and defenseless my pet parrot will attack and kill him.


Not sure if this was supposed to be a joke but I used to have a parrot that did attack people. Actually when it sat on my wife's shoulder I couldn't touch her or I'd get attacked too. Accidently left the cage open one day a neighbor came over and got attacked and really got a head wound. Some of those parrots are a little on the mean side.
As to a safe in the house. I always warn people about those. If people see them, word spreads that you have one so must have a lot of money at home. Guns, knives, dogs, etc. don't do much when the robbers have bigger guns and more of them. Remember a gun to you or a family member's head makes those safes open fast.
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Fatboy's Avatar
United States
313 Posts
 Posted 07/17/2010  5:59 pm  Show Profile   Bookmark this reply Add Fatboy to your friends list Get a Link to this Reply
(1)Some at bank(most)
(2)Some at home
(2a) Sig Sauer(x5)
(2b) Dog
(2c) see (2a)
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sel_69l's Avatar
Australia
21788 Posts
 Posted 07/18/2010  02:25 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The safety deposit box is obviously the most secure and I store only a few coins in one (less than 10). My collection extends to perhaps 3000 pieces and they are stored at home in various levels of security, with perhaps 50 or so in a safe. I enjoy working on my collection, so it is better to have easy access to them.

The most valuable part of my collection is absolutely impossible to steal: that is, my love of numismatics, and the friends and knowledge gained from my collection.
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Stunet's Avatar
United States
211 Posts
 Posted 07/18/2010  02:52 am  Show Profile   Bookmark this reply Add Stunet to your friends list Get a Link to this Reply
Its worth getting the sort of safe you attach to the floor from the inside. Make sure its fire-rated as well. Good place to keep insurance papers and such.

Also instead of a combination dial they make easy to use digital locks. Makes it really convenient.

Home Depot or Costco are good sources.
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Libertad's Avatar
Canada
3692 Posts
 Posted 07/18/2010  08:25 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
@coins92: That's an awesome system you have devised. However, depending on where you live, the burglar may countersue you for negligence. It's happened before and it's such a sad waste of justice.

@Stunet: It amazes me that insurance papers are flammable at all. They should be made of stone.
Edited by Libertad
07/18/2010 08:33 am
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RPT's Avatar
United States
924 Posts
 Posted 07/18/2010  08:39 am  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
To those of you using safe deposit boxes. Do you have several? Even the large boxes at my bank wouldn't hold many albums.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 07/18/2010  09:24 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
My collection isn't worth mega dollars & I live in a low crime area so I don't worry about it too much. The truth is most burglars are incompetent......they're looking for something portable they can trade to their drug dealer for product. Any coins left laying around will probably be spent at the nearest convenience store for beer & cigarettes. Given a choice between fooling with your safe or taking your flat screen TV they'll take the TV every time. If your collection is worth enough for a true pro to be interested there's almost nothing you can do to keep them from getting it.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 07/19/2010  12:09 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
To those of you using safe deposit boxes. Do you have several?

I have three of the biggest ones, and albums do fit in there...(not as many as I would like, but some do.)
But, you can obviously fit in PILES of Proof ASE's, Proof Commem's, coin tubes of Buffalo Nickels, piles of F.D.C.C.'s, dozens and dozens of Uncirc., Proof, and Silver Proof Sets, both old and new, countless "rolls" of various kinds and types, Proof Gold Buffalos's, Gold Eagles, Gold Commem's, pre-existing environmentally challenged coins, etc. etc. etc. etc.
And a few important papers and such things too.

The albums that I have "ongoing" are of course kept at home.....not as secure, but I have no choice, I just hope I'm lucky with their temporary housing at home until they're back safe at the Bank !
I wouldn't disagree with a safe at home for "temporary" housing certainly.
Edited by eaglefoot
07/19/2010 12:12 pm
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