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Storage Problems

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Valued Member
Foolsgold's Avatar
United States
220 Posts
 Posted 12/08/2010  9:35 pm Show Profile   Bookmark this topic Add Foolsgold to your friends list Get a Link to this Message Number of Subscribers
So here's the problem. I've only been collecting seriously for a little over a year and already my safe is getting stuffed. I know every ones been there so here's my question. In the course of collecting how many times have you had to upgrade your storage? and is there such a thing as enough storage or do you always need more?
Valued Member
United States
64 Posts
 Posted 12/08/2010  9:41 pm  Show Profile   Bookmark this reply Add tennlee to your friends list Get a Link to this Reply
You might look at getting a safe deposit box for the most valuable items.
Valued Member
Foolsgold's Avatar
United States
220 Posts
 Posted 12/08/2010  9:44 pm  Show Profile   Bookmark this reply Add Foolsgold to your friends list Get a Link to this Reply
Unfortunately my local banks lobby is not open on the weekends and I can't get there during the day due to my work schedule.
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carmykle's Avatar
United States
2448 Posts
 Posted 12/08/2010  10:15 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Get a bigger safe, or place only the really expensive collections in the safe.
Bedrock of the Community
United States
20753 Posts
 Posted 12/08/2010  10:22 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As noted a safe deposit box in a bank for the most valuable ones is probably the smartest, best, safest, etc place. Unfortuately as you mentioned none are within access. Not sure where you live but usually there are numerous banks within a short distance. Obviously there are numerous other solutions.
1. Open a safe deposit box with a family member, friend, neighbor or someone you can trust. As you get older you would find that is also a smart idea for JUST IN CASE. I mean if something happens to you, you could have a will, valueables, stocks, etc. accessable to someone that could do sonething with that. Every year there is list made public in most cities of all the unclaimed safe deposit boxes, sheds, storage places, etc. and all due to no records of who they belong to.
2. You could stop worrying by sending me all your coins now.
3. You could stop collecting coins and by that making access to more for me.
4. Purchase a series of safes for your home. Lable each with Cents, Nickels, etc. Purchase the ones that could be made into a night stand in case you stop collecting coins.
5. Only collect real small coins that don't take up to much space.
6. Get one of those beds with a slide out section under for storage aaand fill with coins.
7. Come up with a great answer to your own question and let us all know.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 12/08/2010  11:50 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have only a tiny (the more valuable) part of my collection is in my safe. I like to review and work regularly on my collection, and it would be a pain in my case, if the whole collection were in the safe.
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afclassic87's Avatar
United States
564 Posts
 Posted 12/09/2010  12:30 am  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
Get a gun safe. That's what I got. I made shelves in it. No one could ever take it without a crane when full. Also make sure your floor can hold such a heavy load. Side note... Make sure you lock it up! I find myself being lazy and not locking it because I will need to open it soon. I know... Why have a safe if you don't lock it?
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littleboy's Avatar
United States
764 Posts
 Posted 12/09/2010  12:34 am  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
Storage-Problems
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sel_69l's Avatar
Australia
21786 Posts
 Posted 12/09/2010  05:53 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
littleboy: That safe looks remarkably like the safe door of the Head Office of the Commonwealth Bank in Martin Place in Sydney. I helped with some architectural refurbishment design work on the Bank in the 1980's. The Bank was officially opened by Dennison Miller in (I think) 1924. He was also a signatory on the circulating banknotes at the time.

All Australian Notes before Australia went of the Gold standard in 1932 were exchangeable for gold sovereigns (in theory), because gold coins did not circulate in Australia after about 1914.
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Thailand
1509 Posts
 Posted 12/09/2010  08:15 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
My collection is stored in two lockable document filing cabinets. They have 15 (2 inch high) drawers each. More than enough room for storing the plastic boxes for the countries. I don't have that many valuable coins and a non-expert wouldn't have a clue which they were. It would need a forklift to carry the things away but there's no access LOL.
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timsumrall's Avatar
United States
1256 Posts
 Posted 12/09/2010  09:15 am  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
I have a small fireproof safe for high end stuff. I use a strong box for everything else. I worry more about the "non-experts" because they will take all my junk thinking it's a "coin collection" and so by default valuable. I like my junk.
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littleboy's Avatar
United States
764 Posts
 Posted 12/09/2010  10:16 am  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
I keep most of my coins in a safe deposit box but I have a 500 lb safe filled with about 300 lb of bricks as a decoy so if someone goes through the effort to break into it or steal it, the joke is on them!
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carmykle's Avatar
United States
2448 Posts
 Posted 12/09/2010  11:39 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
I want a safe like Jack Benny had! One with a live in Guard. How many remember that?
New Member
thecoinologist's Avatar
United States
24 Posts
 Posted 12/09/2010  2:41 pm  Show Profile   Bookmark this reply Add thecoinologist to your friends list Get a Link to this Reply
Safes are as inexpensive as ever. A good safe is a small investment in our hobby. I got to the point where I would put all my mint and proof sets in a locking cabinet and keep my more valuable coins in the safe.
Valued Member
Coin Chaser's Avatar
United States
307 Posts
 Posted 12/09/2010  3:30 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list Get a Link to this Reply
We just bought a gun safe at a yard sale that is 64 inches tall 19 inches wide and 17 inches deep. It is real heavy duty with a dial combo. Adding shelves it serves our purpose. Our cost around $200.00. Coin collecting is a very creepy hobby. Soon you are over run.
Valued Member
United States
98 Posts
 Posted 12/09/2010  7:29 pm  Show Profile   Bookmark this reply Add Syaoran_2001 to your friends list Get a Link to this Reply
I keep my collection in a shallow cardboard box. I'm thinking about upgrading my box, but I have to wait until the Velvetta runs out.
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