After reading the story on this thread, I will never consider opening a safety deposit box: http://www.cointalk.org/showpost.php?p=372006&postcount=1 http://www.cointalk.org/showpost.php?p=372064&postcount=12 Also, big collections like the one that was posted above would be difficult to fit in even a large safety deposit box. If I was you Hobo, I would run over to your bank and clean out your box as soon as possible before you get hit by a bus and your family takes years and years trying to claim your collection or the government seizes it because they feel like it. What I recommend is buying a house safe, concealing it well and bolting it in.
You three are missing the point its not whether you can fight and win against the thieves it whether you can avoid that incident altogether. its easy Hobo can nominate the boxes in his will it would be crazy to keep the coins at home (just find a reputed institution)
There's something that's been bothering me about this story... Either the $63,000 figure is very low, or at least some of the coins were fairly low grade. For the Morgans alone, just check the price for only two coins - the 1893-S and 1895. Similar story for Barber 25c, Standing Lib 25c, Peace $1, and Walking 50c. The keys in those series can be very spendy.
I wondered the same thing. My guess is the collector called the sets complete without some of the keys.
Yep. There's always the notion "a set is what you call a set"... it doesn't have to look like the Red Book list. e.g. For Morgans, if one just gets one of each year than you can dodge some really huge expeditures; no need to get every mint. If that's how you want to roll, that's cool.
A 45 isn't bad however I recommend a 12 Gauge Pump shotgun. The sound of chambering a round has a tendency so stop people in their tracks.
About the only thing I hate worse in the world than a counterfeiter is a thief. I take it very personally. If a stranger's in your house uninvited, chances are they're not there to exchange pleasantries. First off, my collections is nowhere to be seen. Even if I told a stranger about it, they would find nothing. Even though everything is at home. On top of this, I don't expect the police to have to come to my unfamiliar house and risk their life sneaking around, wondering who they're going to run into. If I'm home, I honestly plan on dealing with a situation and having things under control before police arrive. One way or another. No advanced warning: Advanced warning: I have no tolerance for burglars or thieves. Their well being is the least of my concern. My family and collection.....pretty high up there.
Unlike most, this story has a happy ending. The stolen coins have been recovered. Stolen Wayne County coin collection recovered
Spock, my bad. You are right. How I avoid coin thieves in 3 easy steps: (1)The hornets nests by the front door should keep them away. They sting everyone, me 2X in the last 2 days. Right on the head! (2)Then they have to know I have a silo buried on its side underground with access only from bedroom closet down to the crawlspace and then into silo. (3)Last, I drill holes in all my coins and put mini lojack receivers in them and then jb weld over the holes so I can track them.:mouth: Hobo, sounds like it was family that took them or maybe he misplaced them or maybe trying insurance scam and found out he was not covered.
welcome to canada they wouldn't think about touching my collection IM NOT AFRAID TO USE IT. (you guys know where I stand on this)
I too, believe in self-defense, however I also believe in appointments at banks with customers and safe deposit boxes. I have very few really valuable coins at home, just a few thousand in gold in case someone who knows who I am and expects there to be a lot of gold breaks in. I'll let them have that that and a couple grand in cash so they don't think I'm hiding it from them. It's better having nothing for them and having them get nuts. I have some weapons stashed in strategic places in the house, but it's best to go under the assumption they will have the drop on you and be prepared to give them something rather than blood.