Top Brand Safes? Storing My Coins/Valuables

Discussion in 'Coin Chat' started by WalkingLiberty1212, Jan 30, 2015.

  1. CopperCastle

    CopperCastle Penny for your Thoughts

    I like safes that can be disguised as common household items, like clocks, books, (throw a table cloth over a floor safe & a lamp on top). Why invest in one big safe that is an obvious target when you can have 5+ smaller safes disguised as items thieves would never think to search? If a thief is in your house for 5-10 minutes, he's not going to take a clock off the wall or rummage through your library.

    If he does by chance locate 1 safe, you'll still have the other 3-4. Any knowledgeable investor will attest, diversification of assets is key.
     
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  3. coleguy

    coleguy Coin Collector

    A home safe is a great investment, so don't skimp. Not just for coins, but for important documents and other investments as well. We have three large ones and I'm shopping for a forth. As much as we are away, it's an excellent safeguard and helps peace of mind. I can't really recommend any particular type, not for under the price range you were looking at, but I'm sure there are quality safes to be had in your range.
     
  4. Hommer

    Hommer Curator of Semi Precious Coinage

    You really don't have to bolt it down. A really good experienced carpenter can make it hidden to where a burglar would need a slide rule and sledgehammer to find it. I know this for a fact. I was hired to hide them for 20 years.
     
    micbraun likes this.
  5. ldhair

    ldhair Clean Supporter

    I used to buy and sell MESA safes. Great quality with a wide range of different models.
     
  6. benveniste

    benveniste Type Type

    Some general advice.

    Rather than starting with a brand, start by determining the level and type of protection you need. Your coin insurer, for example, may specify a rating of TL-15 or higher. In that case, containers disguised as clocks, books, or cans of soup ain't gonna cut it. Ideally, your safe should be part of an overall security plan that balances your subjective assessment of risks and costs. There is no such thing as a one-size fits security.

    Remember that if you can "install" your safe by having a couple of friends bring it into your home in a pick-up truck, thieves can "uninstall" it the same way. Similarly, your safe is only as secure as you keep the combination.

    Finally, your own security measures, whether they include concealment, barrier devices (safes), detection devices (alarms and sensors), and/or active defense (weaponry) is your own business. Giving specifics in a public forum such as the model of safe you own or what firearms are in your home can only make you and your valuables less safe.
     
    WalkingLiberty1212 likes this.
  7. Hommer

    Hommer Curator of Semi Precious Coinage

    Thieves are the reason that I will never go into detail as to where I've hidden them.
     
    swamp yankee likes this.
  8. OldGoldGuy

    OldGoldGuy Members Only Jacket

  9. swamp yankee

    swamp yankee Well-Known Member

    My fav. answer is : "Sam Colt speaks for me" Best "house gun" =1897 Winchester 12 ga pump shottygun....
     
    Mainebill likes this.
  10. I'm gonna go in next time and see if I can upgrade to a larger safe deposit box. I obviously know what I have In it but I might just photograph the contents I put in it so when I want I can visually see what I got when I want without having to make a trip. And instead of getting a safe just use that money to buy a few coins I have had my eye on for awhile.
     
  11. CopperCastle

    CopperCastle Penny for your Thoughts

    That's odd. My coins are insured even if I leave them out on the coffee table & my front door is unlocked & wide open.
     
  12. benveniste

    benveniste Type Type

    As an example, take a look at the application form from Hugh Wood who is the provider in partnership with the ANA. You'll see that they ask about the type of safe you own and the UL rating.

    http://www.hughwood.com/download.php?download_file=1363787259_ANA Application.pdf

    Read your own policy (not just the application) carefully. While no policy requires you to have all your coins locked up all of the time, may be language about recovery limits or language about contributory negligence. Or it may be that you are simply paying a higher premium to compensate for extra risk.
     
  13. FredJB

    FredJB Well-Known Member

    Get a cheap medium sized safe, fill it with bricks painted gold and leave it where it will be quickly found as a decoy. Most criminal morons will forget about anything else and haul off the decoy safe to some place safer.
     
    Gilbert and WalkingLiberty1212 like this.
  14. iPen

    iPen Well-Known Member

    This is a good example of when/why redundancies matter.

    One is none and two is one.
     
  15. GDJMSP

    GDJMSP Numismatist Moderator

    You have several different issues that you want to cover. First, as a company you may look at try this one - http://www.safesetc.com/brands-amsec-safes.html?gclid=CMStzLbmvsMCFbNZ7AodZCMAag

    They have many different models, types, and sizes, and widely varying costs. But I have owned one for many years and been more than happy with it.

    Secondly -

    - this is a bad idea. When it comes to storing your coins you do not want any paper, cardboard, or other things in the safe with the coins. You want only inert materials in the safe with the coins. So to do what you want, you will need 2 safes.

    Next, any safe can be anchored to a concrete floor, even the old ones. But with the old ones you will probably have to drill the bolt holes yourself. And not all of the older safes have a fire rating, which is something you do want for coin storage.

    As for building a vault in your home, this is a very expensive proposition. I have built several, I have even built banks and their vaults. So I do have more than a little experience in the matter. Yeah it works, yeah it can be a great idea, but you better have deep pockets.
     
    WalkingLiberty1212 likes this.
  16. thetracer

    thetracer Active Member

    Checkout this video before buying any safe:

     
    WalkingLiberty1212 likes this.
  17. Old Engineer

    Old Engineer New Member

    I love my Mesa safe! I spent several months researching and I found it to be the best. I didn't get the keypad, I selected the tumbler instead. I bought it on the Mesa website. Locksmith service was available so that a local locksmith does the move and install. Including drilling the holes in my house foundation for the safe anchors. I have a motion detector in my safe room that sends me a text message with a link to the video online when motion is detected. I'm retired so I had plenty of time for the research.
     
    WalkingLiberty1212 likes this.
  18. Gilbert

    Gilbert Part time collector Supporter

    A safe acts like a big magnet to thiefs. While I have never had a breakin I do have a professional security system and GOOD neighbors that keep an eye on my place as I do theirs. At a previous house I installed a floor safe in a concrete floor and then built a cabinet above with a removable shelf for access to the safe. A decoy safe was hidden in a closet filled with lead bars. I figured crooks would focus on the decoy and hopefully injure themselves while trying to get it out of the house. Any high-worth items are now stored in a bank safety deposit box.
     
    WalkingLiberty1212 likes this.
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