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<p>[QUOTE="princeofwaldo, post: 2541521, member: 24091"]Funny you should mention the decoy...,, For most collectors their biggest exposure is their lack of anonymity about being a collector. Not that it was ever intentional, but anything with their home address on it that is coin related serves as a calling card for thieves. Mailing lists of coin related organizations and publications are known to have been stolen in years past, serving as a travel guide for thieves out to target collector's homes. Using a post office box for hobby related correspondence is probably the single most important thing a collector can do to protect himself from being specifically targeted.</p><p><br /></p><p>That all said, anything that can fool a thief into stealing the junk while protecting the good stuff is worth doing. I have an entire coin collection that is a decoy proudly stored on a bookshelf in the den. It's all in 2x2 holders in vinyl pages mounted in 3-ring binders. Very heavy in gem mint state Italian issues from the 1950s....LoL.... (NO, none of the good dates either!). The chances of a thief specializing in world coins breaking in who actually knows the material is junk is pretty slim.</p><p><br /></p><p>That's not to say that I store my collection at home, because I don't. Like many others mine is in a safe deposit box, and if my bank ever eliminated that section it would be the end of my relationship with them. The whole idea of a decoy for me, is the idea that if a burglar gets in, he can do a tremendous amount of damage ransacking the house if he doesn't find something right away.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2541521, member: 24091"]Funny you should mention the decoy...,, For most collectors their biggest exposure is their lack of anonymity about being a collector. Not that it was ever intentional, but anything with their home address on it that is coin related serves as a calling card for thieves. Mailing lists of coin related organizations and publications are known to have been stolen in years past, serving as a travel guide for thieves out to target collector's homes. Using a post office box for hobby related correspondence is probably the single most important thing a collector can do to protect himself from being specifically targeted. That all said, anything that can fool a thief into stealing the junk while protecting the good stuff is worth doing. I have an entire coin collection that is a decoy proudly stored on a bookshelf in the den. It's all in 2x2 holders in vinyl pages mounted in 3-ring binders. Very heavy in gem mint state Italian issues from the 1950s....LoL.... (NO, none of the good dates either!). The chances of a thief specializing in world coins breaking in who actually knows the material is junk is pretty slim. That's not to say that I store my collection at home, because I don't. Like many others mine is in a safe deposit box, and if my bank ever eliminated that section it would be the end of my relationship with them. The whole idea of a decoy for me, is the idea that if a burglar gets in, he can do a tremendous amount of damage ransacking the house if he doesn't find something right away.[/QUOTE]
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