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<p>[QUOTE="Owle, post: 1359618, member: 22004"]<b>Coin Safes</b></p><p><br /></p><p>The key thing with thefts is opportunity, liklihood of that occuring, the amount of energy and money you are putting in to having security with what you own. I had a safe in a garage apartment on a busy street corner, my brother kept warning that it was a high risk situation. Who knew? I get my mail at a mail provider, hardly anyone knew I had it there. Most safes do not have big bucks valuables in them.</p><p><br /></p><p>I never feared theft when I had over $100K in a self storage unit in a facility that had never been broken into. Bank safe deposit boxes are notoriously safe. Does anyone have statistics on the number of break-ins where precious metals figure prominently? There has been no mention of the usefulness of guns for security purposes. Open carry is legal in many states, that right there--a gun on the hip when walking around would tell the world not to fool around with you. </p><p><br /></p><p>There are levels of security and insurance necessary depending on the value of the collection. I would think anything in the millions would require more dedicated measures. I found the movie "The Italian Job" with Donald Sutherland to be quite illuminating on the lengths that criminals will go to gain possession of many millions in gold bullion. Like most of such movies, law enforcement was completely ineffectual; that is one big problem with precious metals--the underground economy will always find ways to buy and sell gold without asking where it came from.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1359618, member: 22004"][b]Coin Safes[/b] The key thing with thefts is opportunity, liklihood of that occuring, the amount of energy and money you are putting in to having security with what you own. I had a safe in a garage apartment on a busy street corner, my brother kept warning that it was a high risk situation. Who knew? I get my mail at a mail provider, hardly anyone knew I had it there. Most safes do not have big bucks valuables in them. I never feared theft when I had over $100K in a self storage unit in a facility that had never been broken into. Bank safe deposit boxes are notoriously safe. Does anyone have statistics on the number of break-ins where precious metals figure prominently? There has been no mention of the usefulness of guns for security purposes. Open carry is legal in many states, that right there--a gun on the hip when walking around would tell the world not to fool around with you. There are levels of security and insurance necessary depending on the value of the collection. I would think anything in the millions would require more dedicated measures. I found the movie "The Italian Job" with Donald Sutherland to be quite illuminating on the lengths that criminals will go to gain possession of many millions in gold bullion. Like most of such movies, law enforcement was completely ineffectual; that is one big problem with precious metals--the underground economy will always find ways to buy and sell gold without asking where it came from.[/QUOTE]
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