Poof! Its all gone

http://www.the-dispatch.com/article/20120830/News/308309992

 

Log in or Sign up to hide this ad.

I declare this thread of the year.

 

Anyone with $20,000 worth of anything in the open deserves a wakeup call.

 

I only have about $1,400 worth of coins right now. I've only been collecting for the last year. But I'm already looking into finding a hiding place in the house. I'm wanting them hidden so well you'd need a wrecking crew to find them. I haven't decided where yet.. Maybe in the attic. Maybe in a wall somewhere. Not sure just yet.

 

Make sure you tell someone! Seriously, I used to buy silver coins from a guy who found them demolishing houses. I stopped buying from him after he retired. He found an entire bag, (original mint bag as well), of 1876 Double Eagles hidden in a floor. Sounds crazy, but I saw the dang things, and took him to Ben Marlenee to arrange getting them consigned to a major auction. He retired with the proceeds.

 

The attic is the worst place, you want a place where the temparature rarely changes.

 

Some recommended to my ex-wife when she stole all my gold coins and more that she should hide them inside that toilet tank.

 

Well, believe it or not.. What I am planning on doing is building a small room in my attic. Just about 5x5 square feet. There's enough room even with an 8 ft. ceiling. It would have sheetrock, electricity, and I would connect the A/C vents so it would stay heated/cooled like the rest of the house. The room would really have multi-purpose. I would relocate the security camera DVR up there so that if somebody broke in, they'd never find the recording device. I also have several valuable antique firearms I would put up there, along with the coin collection and anything else I didn't want people to find.

I have two pull-down attic stair cases, one on each side of the house. I'll probably build the room near one of those so I can easily access it.

I'm just waiting for the temperature to drop so I can stand to go up there and work.

A friend of mine hides all of his valuables in his oven. He never uses it and even unplugged it. It also doubles as a fire-safe if the house burns down.

 

Regardless she still did not deserver to have them stolen.

Also $20,000 of something in the open is not all that much. Many people spend more then that on just one vehicle.
If they happen to leave their $20,000 vehicle out in the open do they deserver to have it stolen, I think not.

I just opened up another safety deposit box today, $15/year for the largest box.
Seems like cheap insurance to me.

Maybe coin collectors like to keep them in their house to show them off or something I don't know.
You guys talk about hiding them in your house so maybe that is not the case either.

I don't consider myself a coin collector, but a ASE bullion investor. Keeping them in safety deposit boxes just gives me a piece of mind.




​

 

That's all I collect is bullion. But I don't want it in a safety deposit box for 3 reasons:

​

1. I don't want to pay a re-occurring fee for something that is an investment.
2. In a SHTF situation I want to make sure my bullion is safe where I can have access to it. If the bank is over-run by thugs or the government then I might lose my investment.
3. I want my family to have easy simply access to it should something happen to me.

 

1. it's only a few dollars a year. In my case today $15/year and you can also pay it years in advance.

2. Is it any safer in your house. I don't know you or your house, but using the link posted for this topic about coins being stolen as a example I would say it could happen to you to.

3. My family has just as simple and easy access to the safety deposit boxes as I do.

I find it hard to believe that anyone that invest in ASE does not want to get a safety deposit box because of the fee. For the price of .5 ounces of silver you can rent the box for 365 days, lol... come on now.

If your investing thousands or even just hundreds of dollars a years on ASE what's another $15 to keep them safe.
A better reason would be you don't want to spend the $15 in gas it would take to drive to the bank, lol...

In my case I live in a small town and have three banks within two blocks of my house so I walk.

 

I drive an electric car... so no gas for me.

 

Really?

I agree! People should take their valuable art/paintings, electronics, and anything worth over $10 and put them in a safe deposit box.

I asked the bank if they had a safe deposit box for my car, they said no. Guess I deserve it when it gets stolen from my own private property.

 

Pros and cons of attic vs. basement:

Attic hot, basement cool.
Attic dry, basement damp.
Flood, attic's safe (unless New Orleans), basement's flooded.
Tornado, attic's gone, basement's likely still there.
Serious fire, attic's gone, basement's wet and contaminated but there.

Probably more less-obvious hiding places in the basement, like a bogus section of heating duct between two floor joists, or an old unplugged chest freezer with a false bottom, old water heater, etc., etc.

Once someone gets into the attic, a 5 x 5 room will IMMEDIATELY be identified as a hiding-place for valuables. No reason for it to be there otherwise.

The final problem with home storage (although I tend to agree, I am apprehensive about confiscation of safety deposit boxes by the Government) -- a criminal comes in, points a gun at your wife or girlfriend, and says, "Dig out the coins or I'll kill her." And he may kill both of you anyway. I leave my old safety-deposit box keys (from another state, 20 years ago) in plain sight on my desk as "evidence," best I can do.

 

I agree, except how often do crooks go up into the attic looking for things? Hence, if they don't go up there they will never see the room.

 

ROFL...

If nothing else this topic is very entertaining...

Ok here is the truth. I only keep my SAE in safety deposit boxes.

As for all my gold it is buried in a remote cemetery under my great grandpa's head stone.

It's all double bagged in them vacuum bags that are normally used for food storage and then I put all the bags in a water proof box along with a loaded handgun.

ROFL

Just kidding of coarse, or I'm I...

 

Depends on whether there are regular stairs up into the attic (more common where I live), rather than just a pull-down.

Wish I had statistics for coin losses separated as burglary or robbery.

 

Just as a note since some people do not know this. A SDB is not insurance, if the vault get robbed, or things go mysteriously missing, you are out of luck. you also need to purchase insurance for your valuables in a SDB.​

 

what was your grandfathers last name and which state did he die in, once again? I missed it.

 

That is a thought. I didn't think of that.