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<p>[QUOTE="sturmgrenadier, post: 1098994, member: 18711"]I've thought about getting a quote for insurance through Hugh Wood (the retail value of my collection is roughly $35,000.00). I don't know if I can qualify, though, as I live with my folks (and don't own the home I live in/rent it). In looking at their application, they ask you about whether you store your coins in a safe and/or have an alarm system (if I remember correctly), we don't have either (and my folks aren't inclined to take on the expense of getting either). Does not having a safe cause your premium to skyrocket? In my opinion, it wouldn't hurt to fill out the application and apply to receive a quote. But my brother is a goldbug (owns a lot of bullion) and insists that the best protection is not having people know that you own a collection in the first place. And he means nobody<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /> He thinks that applying for coin insurance is dangerous in the sense that you don't want anyone to know about your valuables. Semi-paranoid thinking? Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="sturmgrenadier, post: 1098994, member: 18711"]I've thought about getting a quote for insurance through Hugh Wood (the retail value of my collection is roughly $35,000.00). I don't know if I can qualify, though, as I live with my folks (and don't own the home I live in/rent it). In looking at their application, they ask you about whether you store your coins in a safe and/or have an alarm system (if I remember correctly), we don't have either (and my folks aren't inclined to take on the expense of getting either). Does not having a safe cause your premium to skyrocket? In my opinion, it wouldn't hurt to fill out the application and apply to receive a quote. But my brother is a goldbug (owns a lot of bullion) and insists that the best protection is not having people know that you own a collection in the first place. And he means nobody:( He thinks that applying for coin insurance is dangerous in the sense that you don't want anyone to know about your valuables. Semi-paranoid thinking? Thanks.[/QUOTE]
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