If you plan to keep some PM's as insurance, the best thing to do is bury some bullion. Both gold & silver coins can be encapsulated in PVC pipe with threaded caps on the ends. Keep them dry. Always place a layer of dirt then scrap metal, another layer and a second piece of metal to Thwart metal detector enthusiasts. Then plant thorny plants that will grow over the cache site. That way you can get it in a dire emergency. Since PMs are "insurance", some amount needs to be handled in a manner that provides the safety you may need. IMHO
Swagge: The only problenm with this video is that look how much room they have to apply leverage. When I built my safe room, mine is bolted to the floor 6x SS 1.5" bolts. The space on either side of where it is installed is aprox 8" of wall space , the back of the safe is against a 6' concrete wall.. It does not allow for any leverage, plus it is built into a room where the steel door is smaller than the safe so the wall would have to come down as well to remove it. One must apply some intelligence when mounting a safe...just like real estate..location location location... RickieB
Good point, Rickie. Plus, if it's like mine, it's full and too heavy to move away from the wall in order to turn it over. When I moved mine into another room, four men couldn't move the thing half full, even enough to turn it away from the wall. I had to empty it to move it. Guy
I just watched the video again and noticed that safe had a hollow door, meaning the slide elements were removed that normally bolt the door to the frame when locked. Even a five tear old could have opened that safe if this is the case. Guy
Guy's a little food for thought. Sentry safes have a place and add an extra layer of protection in 2 ways. Inside my "main safe" I have 2x Sentry safes. These are bolted to the shelves of the main safe from the bottom of the shelf into the bottom of the Sentry safe secured by standard hex nuts on the inside of the Sentry safe. The bottom of the shelf is lined with diamond plate 3/16" painted flat midnight black. A small 3/16" plexiglass bottom is cut and fitted for a floor to shield against the hex nut on the inside. Mounting these inside you safe provides a significant time delay in it's removal by the fact that a thief would have to cut the Sentry off of the shelf and would need rugged saw to get through the diamond plate with it being in a small area.. It also makes it very difficult to remove the shelf with a mounted "little safe on it" from the main safe internal area. It also provides a smaller internal space for your silica gel packs to last much longer between charges. I keep all PM's in the Sentry's as well as the Rare Star Notes of the small size collection. Within the main safe area there is also a .45 ACP Smith and Wesson mounted in a fashion where it would appear that I was removing a container, if forced to open the safe by a crook....therefore providing opportunity to respond. My safe room is positioned where only one person can be in front of the safe at any one time and being right handed, shield against the observation of accquiring the weapon. The internal area (100% of main safe ) is black thus providing additional camoflage for the weapon as well. Just some ideas I thought I would share with you. RickieB
I add a few name Green!18!! We had a good hiding spot but the seals busted that up. I am just glad the only took tape and papers :foot-mouth:LOL
Man, I see people put more thought into this than I do. I actually keep my guns in the safe to protect the guns, not the other way around! That video was disturbing. I am wondering if I should move my safe around so the pry bars could not be leveraged against the door that way. It already is bolted to the floor. Should that be a real concern for me? The bolting to the floor is 10 inch bolts into concrete. Chris
gold coins are usually in the bank safe box, while the silver/copper coins and paper are kept at home in the cookie box. They aren't that important, and I have a security in my building...so I am safe for now, not including when there's a fire.
Here's the view of a Johnny foreigner. Having read the posts of your experiences/views I'm just glad that I don't live in the US. I'd be a gibbering, paranoid wreck in weeks. There are banks here on the island where I live but safety deposit boxes? Forget it. It would be an eight hour round trip by road and ferry to find the nearest one to me. Having said that I don't take safety/security lightly but this is a far safer place to live. My coin collection is stored in two 15-drawer document filing cabinets. Easy enough to get into but they would need a week to sort through the approx 3% that is of any worth. And they wouldn't be able to carry it all away without a) a fork-lift truck (and there is no access for one to my home) or b) they would probably give themselves a hernia if they wanted to remove it piecemeal. My notes are stored somewhat similarly but in a different area of our bungalow which is fitted with padlocked windows and three seperate locks on the two outer doors. Besides all of which only a few select people know of my collection and few of them know where I actually live. If the worst ever did come to the worst there's less than 30% of my note collection that they could exchange at a bank and (unless they were really professional) the rest would be easily picked up on if they tried to sell them locally. Now there are some criminals on the island but they tend to be very unprofessional and petty and I'd say 97-98% of crime is Thai on Thai. So to all you citizens of the US all I can say is keep your muskets primed and your powder dry.
PVC pipe = PVC damage to the coin surfaces over a long period of time. Some moisture will get in, almost inevitably. If you're going to bury coins, you better make sure that no one sees you doing it. And check the area for pipes/wires before you dig. Also, it would be a good idea to leave a note somewhere in your safety deposit box or will giving EXACT details about how to find your coins. Roman soldiers were big believers in burying their pay, and cache's that went undiscovered for nearly 2 millenia are where a lot of Roman coins come from today...
Currently my coins are in a shoe. I want to move them, of course. I just need a better place to put them. Since I"m still new to the game I don't want to but them in a box in a bank.
Hate to tell you, IF I was a robber (which I'm not) one of the places I would look for things is clothing (jackets and men's suits) for checks, cash, change, and spare keys --- Because this is EXACTLY where my father used to keep his. As a kid I used to take 2.00 in change every couple weeks so I could go to the movies and have a snack (age 11, not too bright since I thought it was ok). He never suspected as I never took it all. Guess he thought it was safe not only from the wife, but he didn't consider his kids. So If you want to protect your assets, your closet clothes are not the correct place to store them.