8 Pounds Of Gold Coins Stolen From Nearby Home

I have no idea, that was just a copy/paste from the paper. I heard it on the news and thought I would look it up, thats not very far from my house thats why I wanted to know what happened

Same thing I was thinking. It does happen but way to many robbery cases are massively exagerated for insurance purposes. Yet it really is amazing how often this does happen. One of my neighbors had his house robbed and he too had Gold Coins in a safe. UNFORTUNATELY many of his relatives had the combination in case something happened to him. That safe was opened and everything in it was gone.
Home invasions are much more common than people realize since in many large cities there are so many, most are either not reported, not documented by the police or ignored. We just had a home robbery in my neighborhood a few weeks ago. And during the day abour 4 PM.
In one such robbery the crooks even took the security system.

If I had that much gold it would be in a safety deposit box in a bank. No way I would have that much in my house.

To play devil's advocate, there are plenty of stories where safe deposit boxes insides financial institutions have their contents lost or stolen.

Just read this interesting article found on a mainstream msn site money section:
http://moneycentral.msn.com/content.../p109173.asp

So to think that your stuff is 100% safe in a SDB is naive at best, and it carries its own risks just like leaving things at home even in a large safe. Just some food for thought...

like I said this was just a copy/paste from the newspaper site. There may be more details out there today but thats all they had when I looked after I heard about it on the news. 8 Pounds of gold at spot price would be pretty close to 150k (that is if they are not talking about Troy pounds). I also agree it is probably someone that knows this individual and probably someone in their family to know that there was that much gold there and where it was at plus when they would be away from home. Its the other items that makes me not so sure because if you got 8 pounds of gold and know its there why take a 200.00 camera and some hand tools along with it unless you used the tools to get into where the coins were at and took pictures of them to send to someone from their computer while you were there to let them know what you were bringing

I've had my SDB for 5 years now and have almost every one of my coins is in it. I am 100% convinced they are safer there than in my house, especially in the L.A. area where I live for now.

I hear ya. You can never assume anything accept when you live where I do, and home invasion robberies are a normal occurrence, I'll take that chance. I know in this day and age it means nothing, but my bank didn't lend irresponsibly to people who should have never been giving a cent because of income,credit,whatever. They have been around since 1849 and must be doing something right. Again, I believe a SDB is still the safest method...out of the house or apartment. Just my 2 cents :-)