Maple Leaves stolen.

Discussion in 'Bullion Investing' started by Pilkenton, Aug 14, 2013.

  1. Pilkenton

    Pilkenton almost uncirculated

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  3. mikem2000

    mikem2000 Lost Cause

    Typical philosophy. If you can't touch it, you don't own it. Your home is just not a smart place to store valuables.
     
  4. Lostwords

    Lostwords Member

    Maybe they should up the reward a bit.. lol...
     
  5. silverfool

    silverfool Active Member

    store at home is alright if you go about right. depends where you live, what type of residence, etc. but I have my collection split up in three locations, two outside the home and never put that many eggs in the same basket. also you can't let anybody know. just one other trusted friend/family member. this sounds like somebody knew what they were going after.
     
  6. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    guns, guns, and more guns !!!!!!!!!!!!!!!!!!
     
  7. mikem2000

    mikem2000 Lost Cause

    Rich, I have no issues with guns, guns, guns, but you are kidding yourself if you think they will prevent you from getting robbed, they will just rob your guns too...
     
    Ripley likes this.
  8. green18

    green18 Unknown member Sweet on Commemorative Coins

    Brilliant! Poirot is most proud of you mon ami....... devil.gif
     
    treylxapi47 and medoraman like this.
  9. Nevadabell

    Nevadabell A picture of me.

  10. So this begs the bigger question. How should you store your coins if you don't plan on using a bank. Keeping the coins with you at your house is the only way to guarantee ownership of the gold/silver/platinum. How can you store coins in a "secret room" if you have someone build it for you. How can you store them in a safe if you are required to buy it with a credit card (Now there is a record of you buying a safe). This is the million dollar question, or shall i say the 750 oz of gold question (crickets...)
     
  11. silverfool

    silverfool Active Member

    "required to buy with credit card" don't know why that would be. I didn't. bought mine cash (used) at a safe dealer. we loaded it in my trusted buddy's truck, not mine, to take home. lots of places to store PMs in a house if you think for a while. there are even fake electric outlets that open to a cavity in the wall or have a steel box built in. plug in a lamp for looks. old paint cans stacked in the basement with ratty rollers/brushes. lots of ways if you think a bit. mostly let no one know.
     
  12. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    To tell you the truth, it sounds like an insurance scam to me, or inside job ! Theses coins I would say are in good hiding !!!!!!!!!!
     
  13. scooterv

    scooterv Member

    Well mikem2000, guns could indirectly prevent theft. I'd like to see someone move my gun vault with other things also stored in it, lol.

    It's no bank vault, so if away from home for awhile I'm sure someone could get into it eventually though, or move it with enough people involved :(
     
  14. Lostwords

    Lostwords Member

    Just make sure you Don't take a class with a 71 years old instructor.
     
  15. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    I have 2 in the house as we speak, one in the bedroom, and one in the worst spot you could be caught in, the bathroom ! I also have a shield lol !!! A001 - 20121230_080428 (3).jpg
     
  16. Zlotych

    Zlotych Member

    Loose lips sink ships. No way is your bullion going to be stolen if you have multiple, smart hiding spots AND you let nobody know you have bullion. Also, purchasing a little here and there is safer than walking out of a coin show with ten gold eagles (someone could case you right there and follow you home to see where you live).

    I'd rather use these tactics instead of keeping it in a bank. The bank is who I'd like to hide it from.
     
  17. mikem2000

    mikem2000 Lost Cause

    Or drill it, its just not that hard in most cases, diamond or titanium bits usually will do the trick....
     
  18. medoraman

    medoraman Supporter! Supporter

    Just wondering where the heck this comment or euphemism comes from. Please tell me where and when, (short of communist revolution or something), countries have gone into safe deposit boxes. People parrot this saying continuously like its a well known fact. Even in 1933 the government did not walk into a bank and force them to open up SDB and show them their contents.

    It just seems funny this comment keeps getting thrown around here, and not challenged. Please show me one instance in the US where the government has forced banks to open up SDB to check to see if there is "illegal" gold or silver inside. Last I read the government has to have a warrant to search a SDB. Yes, they can force them to open them, but they have to have just cause that you committed a crime.

    It simply sounds like another catchy phrase PM sellers thought up, (or maybe safe sellers in this case). It might be true if you are talking about physical pm versus ETF or bank DEPOSIT pm, but I simply do not understand how its not true in the case of a SDB.
     
    jolumoga likes this.
  19. mikem2000

    mikem2000 Lost Cause

    HMMM..... Two Million home robberies last year. Zero cases of illegal search and seizure of a SDB. Tough choice!!!!!!
     
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  20. medoraman

    medoraman Supporter! Supporter

    Exactly. This is why I rail against the notion, "if its not in your home you don't own it". How is this working out for this poor unfortunate person in the original story? I am "stupid" and have mine in a SDB. Well guess what? Today I still have mine, and this person has to offer a reward searching for his. Maybe if he hadn't listen to a catchy little phrase and had his pile in the SDB, he would still have his too. :(

    Again, not blaming the poor person who got robbed, nor ClevelandRocks for posting it, (as many people say this), just wanted to publicly dispute the notion a SDB is a less secure place to store PM than at home. I think just the opposite is true, which is why my "pile" is in the largest SDB my bank offers.
     
    jolumoga likes this.
  21. mmablaster

    mmablaster Member


    +1

    I can't recall the percentage off-hand, but it is a good chance that you'll know the person who breaks into your house. Don't advertise to everyone that you are a collector. Don't announce to people when you are going on vacation, tell them about it when you get home. Don't hide your coins in the master bedroom, that is usually where the jewelry is, and where the person will go first. People mention guns, but they aren't going to do anything if you aren't home.

    I recall a couple cointalk threads about a "loser/down on his luck" friend sneaking into the house, or having access to the house, then stealing coins when the member is at work. Try to avoid that situation.
     
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