Burying Your Metals Stash

Does anyone have any experience doing this? I read this article and it seems like a good idea. http://www.goldandsilverexchange.info/safety-deposit-boxes.html My concerns are about what the pipe could do to the metals. I am picturing getting a 2 ft section and putting caps on both ends. In order to get the caps on I'll have to use PVC cement to put a threaded end on. Will the cement also cause damage to coins?

Another issue is figuring out where to bury the pipe. Alot of my property is affected by utility easments. I don't want one of the utility companies finding it.

 

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I'm truly thinking of burying it all....

 

Topcat recommends using a fake litter box (if you do not have a cat). This works in a home or apartment. No thief is ever going to look into a litter box for valuables, and if there are no cats around they will just assume that they are hiding. If you have a cat, then go ahead and just bury your bullion in the backyard (or rent a safe deposit box of course). TC

 

If the coins were put inside the ziplocks first as indicated, I don't think the PVC solvent would damage the coins in the long run. More likely would be damage to the pipe/ends or poorly sealed joints to allow leakage. Hard PVC has no plasticizers to satisfy water codes. Most problems I have heard about this is that the burial point is often forgotten ( Amazing how many do this at the spur of a drunken moment). To aid that some suggest, that after sealing the pvc pipe, just loosely insert it into a 4' or so section of cast iron pipe and bury all as a unit. Thus a larger metal detecting target if one forgets. Someone randomly looking with no foresight will dig until they realize they hit a sewer line and move on. IMO. I wouldn't do this myself, but interesting researching.

Jim

 

I can't believe burying gold and silver coins is safer than a safe deposit box or hiding place in the house. I also don't believe the bank holiday in 1933 involved raiding safe deposit boxes. If anyone has an official source for that information, I'd been interested in reading it.

Thanks.

 

I'm thinking "titanium pet coffin" :thumb:

 

Fifty, why bury what you have just paid to have dug up, refined, poured into a bar or minted into a coin, put into a form that it can be distributed and sold to you for someone else's profit... That's a waste of effort, resources and your money to begin with. Perhaps you need to invest in mining companies where the raw (physical) materials you want are already buried in the ground. Saves you the backbreaking effort of shoveling, getting a permit to dig around your utilities or explaining what you were doing when you hit someone else's utility lines. If you are just going to potentially damage or loose your buried horde in time, its no more in danger than an investment in a company stock or reliance on a currency from failing you.

 

That pvc pipe thing sounds like a great plan.....





if you're going to prison.

 

thanks for the idea I think I'm going to rob my local dealer and then use this idea and I'll have ALOT of free coins after I get out of that "resort" where I get 3 squares a day an get to sleep,exercise and watch TV all day

 

Just get a floor safe if you don't trust banks. I also recommend a TT-33 Tokarev.

 

Were people seriously that shallow in that burying thread from 2k9? People made it sound like the guy was going to bury his "bare" coins in the ground hahaha.

There are so many different capsules and containers now made for the idea of burying, shouldnt be anything to it but searching keywords in google.:hammer:

 

Yep! Google is there for ya'... Gloom-and-doom, apocalypse and whatnot are big business too. Sort of like finding instructions for a fallout shelter in a mainstream publication such as Popular Mechanics a few decades ago.

 

Here is the one possible result from hiding your loot; http://www.dailymail.co.uk/sciencet...largest-hoard-Roman-coins-Somerset-field.html

The single best preventative measure you can do is..........don't tell anyone.

After that a good safe helps and I am starting to think that splitting up the cache into two geographically different places might be a good disaster idea. Not sure yet.

Just don't "out think" yourself or someone will be digging your loot up in 2000 years.

 

I don't know - from the looks of some of these coins you may just be able to toss them in a clay pot and not worry Of course just don't forget where you left them like some poor Roman chap

http://www.cnn.com/2010/WORLD/europe/07/09/uk.roman.coin.treasure/index.html?hpt=C2

 

A lot of good burying a pot of Ancient coins did anyone except the lucky sod that dug them up long after the act of burial! 1800 years past, a lot of SHTF scenarios ensued and yet civilization continued. May not be any need for anyone to bury anything unless they are trying to create new Ancient coin hoards for the future detectors to come along.

 

A fellow came to me within the past year with the remains of what he had buried "to hide it from my kids". I guess the kids grew up and went away or something so he dug it back up. The cash was rotted and I suggested that he send it to the gov't to be replaced if possible. Of course people who bury cash may not want Uncle Sam to know that and judging by the look on his face, he fell into that category.
The coins were mostly silver dollars and were in just plain awful condition. Some were even hard to distinguish as silver dollars. He wasn't too happy with my offer and declined it. I don't know the particulars of his burial technique but what I saw convinced me that burial is not the way to go.
Safes are safer. More secure and more accessible. And your goods remain good.

 

I think it's safe to say the moral of this thread is:

If you think burying your stash of PMs is a good idea, think again.

 

Bury it in a bank SDB.

 

A large safe deposit box cost me $125 a year, and I couldnt access my coins for Vaming and such, so I bought a serious safe. Have a large mean dog and an alarm.

Steve

 

Whether it is a good idea or not is up to the individual, but it is certainly possible, and quite easy, to preserve something underground for long periods of time.

http://www.backwoodshome.com/articles2/wood115.html