Personal safe for your bullion.

Discussion in 'Bullion Investing' started by SCFY, Jul 25, 2013.

  1. SCFY

    SCFY Active Member

    I noticed that people spoke about putting their bullion in a safety deposit box at the bank and I thought that defeated the purpose of having physical bullion in your home and available to you at any time you want access to it. The first thought I had was buying a personal safe with fire and water damage protection. The question I have is does anyone have that sort of safe and if you do what kind is it? Where did you get it from and how much did it cost you?
     
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  3. coingeek12

    coingeek12 Well-Known Member

    I forget where my dad got his......
    I keep my bullion out in the open.
    is the burglar going to break the safe, or the tissue paper box?
    :p
     
    SCFY likes this.
  4. KoinJester

    KoinJester Well-Known Member

    Libertysafe.com
     
    gunnovice09 likes this.
  5. coingeek12

    coingeek12 Well-Known Member

    or put your bullion in a tissue box, then put some unused tissues over it. just be sure to put it in a place where no sick person can get to.
    :p
     
  6. KoinJester

    KoinJester Well-Known Member

    But id need about 200+ tissue boxes. You think that would raise suspicion
     
    petro89 likes this.
  7. coingeek12

    coingeek12 Well-Known Member

    But id need about 200+ tissue boxes. You think that would raise suspicion[/quote]
    hmmm, have you tried hiding them in empty food boxes put them in a storage room and say your making sure you have food incase you lose your job....

    locks keep honest people out. if a burglar want your stuff, he'll take the safe first.
     
    jello likes this.
  8. KoinJester

    KoinJester Well-Known Member

    Not without putting a 6 foot hole through the side of the house
     
    slamster17, jello and Blaubart like this.
  9. coingeek12

    coingeek12 Well-Known Member

    :eek: that's a lot of bullion. how many safes do you have????? does every room have two safes or something?
    that's a lot of bullion.........
     
  10. mill rat41

    mill rat41 Member

    I debated getting a safe for a long time. A good safe, like one made by amsec or Liberty, is quite expensive - a thousand dollars and up. Plus a few hundred dollars to move it. Then, if you move, you would have to move the dang thing again. In my eyes a real safe weighs 800 pounds and up.

    In the end, I used my safe funds to buy bullion - which is kept in a SBD.
     
  11. Blaubart

    Blaubart Melt Value = 4.50

    If you want to store bullion in your home, my recommendations have always been:

    • Buy a good safe, not some wholesale warehouse or sporting goods store junk.
    • Bolt it to the floor, or better yet the floor and wall(s).
    • Integrate it into your home alarm system.
    • Install booby traps. ;)
    Also recommended:
    • Get to know your neighbors so they might call the cops if they see something suspicious.
    • Get a dog.
    • Own and know how to use guns.
    • Install a few discreet cameras. Not the kind that your neighbors would find offensive, but the kind that a burglar would probably notice when he's casing your house.
    Implementing effective physical and electronic security in the home can be expensive. For renters, it's nearly impossible. For many people, the advantages of storing their bullion in a safe deposit box outweigh the disadvantages.
     
  12. coingeek12

    coingeek12 Well-Known Member

    • Buy a good safe, not some wholesale warehouse or sporting goods store junk. check!
    • Bolt it to the floor, or better yet the floor and wall(s). its in my parents room....
    • Integrate it into your home alarm system. would not help where I live....
    • Install booby traps. ;)

    • Get to know your neighbors so they might call the cops if they see something suspicious. check!
    • Get a dog. check!
    • Own and know how to use guns. triple check!
    • Install a few discreet cameras. Not the kind that your neighbors would find offensive, but the kind that a burglar would probably notice when he's casing your house. we will be getting these within the next three months
     
  13. gubni

    gubni Active Member

    Gun safe is a great option. Just check the fire rating for quality.
     
    Heated Lime likes this.
  14. Heated Lime

    Heated Lime Member

    last year my little safe wasn't cutting it for size. I had to upgrade so i bought a 12 gun gun safe( about 4 feet high and 1 1/2 feet wide). It has a fire proof rating and everything and i got it for 500 bucks before tax on sale at Menards. Very good investment in my opinion.
     
  15. SilverSurfer415

    SilverSurfer415 Well-Known Member

    In a regular brown box next to the garbage can....Nothing fancy or expensive

    [​IMG]
     
    Blaubart likes this.
  16. NorthKorea

    NorthKorea Dealer Member is a made up title...

    $500 = 25 ounces of silver? How much do you have that you would feel a 12 gun safe was necessary? Wouldn't it have been cheaper to just store the silver?
     
  17. green18

    green18 Unknown member Sweet on Commemorative Coins


    Got my eye on you 'Jester. Snowden got away but we'll throw a net on you soon........:)

    J/k of course. :)
     
  18. coingeek12

    coingeek12 Well-Known Member

    tape it up and no burglar would ever think to look in there....
     
  19. KoinJester

    KoinJester Well-Known Member


    You know they wrote a song about me so good luck. Signed Sneaky Snake
     
  20. Heated Lime

    Heated Lime Member


    I could have bought $500 worth of silver instead of a safe but then what if someone broke in and stole ALL my silver including the $500 worth.
     

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  21. scottishmoney

    scottishmoney Buh bye

    Put the box next to a cat box and nobody will want to get within 20 ft of it.
     
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