Please protect your coins

Discussion in 'Ancient Coins' started by Ocatarinetabellatchitchix, Jun 20, 2019.

  1. Ocatarinetabellatchitchix

    Ocatarinetabellatchitchix Supporter! Supporter

    Last edited: Jun 20, 2019
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  3. Ed Snible

    Ed Snible Well-Known Member

  4. Paul M.

    Paul M. Well-Known Member

    The lesson here is: coin dealers, make sure you have insurance. Collectors: store your coins securely off-site, or, at least don't hang a sign that says "valuable coins here."
  5. calcol

    calcol Supporter! Supporter

    An alarm system that goes dead when power lines are cut is a very poor system. Two words: battery backup.

  6. Al Kowsky

    Al Kowsky Supporter! Supporter

    Insuring coins in New York State where I live is incredibly expensive for dealers & collectors :mad:. I rent two large safe deposit boxes at a cost of $160.00 annually. calcol has the right idea of an alarm system with a battery backup that I also have at a cost of $45.00 a month.
    Nicholas Molinari likes this.
  7. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    All good stuff offsite, in safe deposit.

    Break into my house, and you won't even get a TV or computer right now. (We just use our phones).

    Ladymarcovan does have an extensive collection of plastic measuring cups, though. Even a couple of Pyrex ones. Leave us one or two of the bigger ones. Please steal the rest when she isn't looking. ;)

    You might score ten or twenty bucks' worth of raw unsorted World coins from my stuff if you hit us on the right day and catch our German shepherd yard dog in a good mood (He usually is. Looks scary, but he's mostly marshmallow).
  8. AussieCollector

    AussieCollector Moderator Moderator

  9. Theodosius

    Theodosius Unrepentant Fine Style Freak! Supporter

    Safe deposit boxes plus good pictures to look at are the way to go...
    Nicholas Molinari likes this.
  10. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    Agreed. I seldom have my actual coins out in front of me anymore, and mostly view them on a monitor.

    This is kind of strange, but it works for me. Just knowing that I have the actual coins in my ownership, if not in hand, is good enough for me. It's certainly a 21st century way of collecting.

    I did have them out of the safe deposit box today, for the first time in a while, and laid eyes on the actual pieces while adding the stuff that just came back from PCGS.

    Some were kind of surprising. For instance, this Egyptian coin is smaller than I remembered it being, and in hand, it is much lighter in color- mostly white. The toning only shows under certain lighting conditions. It is not an expensive piece.

    Egypt: silver 2 piastres of King Farouk, AH 1356 (1937)

    PCGS MS62; population 6 with 9 higher as of 5/20/2019.

    This recent addition is really impressive in hand. I have had medals and jetons, but this is the first big high-relief one I've had. At 41 mm or so, it barely fits in a standard Gold Shield holder. (Standard length and width, that is. The holder is thicker than a normal PCGS slab.)

    France: gilt bronze Napoleon Bonaparte medal by Antoine Bovy; special specimen striking for Napoleon's 1840 Paris funeral
    PCGS SP64; population 1- the only example certified by PCGS as of 6/20/19.
  11. Cucumbor

    Cucumbor Dombes collector Supporter

    I've just been this morning to see the insurance lady, in order to check policy and conditions, should any event occur. Even though any amount of money wouldn't replace our beloved coins, it's good to know they're at least insured at a reasonable value.

    Ms Q agreed we pay the extra cost (she rocks !)

    lordmarcovan and TypeCoin971793 like this.
  12. David Atherton

    David Atherton Flavian Fanatic

    All my coins are stored in a large safe deposit box at my bank, except for new purchases and those I'm currently researching. It's not an ideal situation, but I sleep more soundly.
    Nicholas Molinari likes this.
  13. Al Kowsky

    Al Kowsky Supporter! Supporter

    That's one of the finest portraits of Napoleon I've seen :woot:. By 1840 the French artists were finally breaking away from Neo-Classicism & making realistic portraits of high quality.
    lordmarcovan likes this.
  14. CoinBlazer

    CoinBlazer Professional Teenager

    Admittingly, I have been pretty relaxed about the security of my valuables. Need to figure that all out pretty quick.
  15. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    When I was your age, I barely had any valuables.
  16. CoinBlazer

    CoinBlazer Professional Teenager

    I have enough to be conscientious about it.
    lordmarcovan likes this.
  17. -jeffB

    -jeffB Greshams LEO Supporter

    That's great, as long as you never leave the house, and never sleep... :(
  18. ominus1

    ominus1 Well-Known Member

    ...never keep a schedule of such things.or its great to be a crazy shut in insomniac...:D...really, i don't even need that...if anyone comes to my house, i'll give'em a coin for the visit..:)
    Last edited: Jun 23, 2019
    -jeffB likes this.
  19. Orange Julius

    Orange Julius Well-Known Member

    I’ll be there in a minute!
    ominus1 likes this.
  20. Santinidollar

    Santinidollar Supporter! Supporter

    Property insurers are no help. Many won’t cover a coin collection and many won’t cover you at all if you keep a guard-type dog on the premises.
  21. ominus1

    ominus1 Well-Known Member

    ..a coin awaits you here OJ...:)
    Orange Julius likes this.
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