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<p>[QUOTE="Numismatist47, post: 858275, member: 24577"]My thoughts are this: </p><p> </p><p>Each collector should know the value of their collection as a whole, as well as individual coins in their collection. Certainly it would not be a wise idea to keep coins valued in the 4 digit range + in your home unless they are locked away, and even then, how good is the safe rated should you have a house fire? In other words, what is the maximum temp that safe can withstand before the contents are affected?</p><p> </p><p>I have a relatively small collection by comparison, proof sets from the Mint for the past 50 years, all 3 SMS 65, 66, 67; several slabbed coins from ANACS; 63 Franklin PRF, 24 Peace Dollar MS-63, etc. The most valued coin I own in my collection is an 1882-CC Morgan dollar in MS-65 by ANACS with a little gold rim toning on the obverse. That one has been valued at $600. Plus some proof Kennedys, Washingtons, and Jeffersons Ive picked up the past couple of weeks from my main coin dealers half off bin.</p><p> </p><p>I feel okay with my collection in my home and can't see paying the expense of a SDB from my bank, as far as an in home safe, I don't have one. </p><p> </p><p>But this is just my prefernce, as someone else with a similar collection may feel better if it were in a SDB. </p><p> </p><p>My collection is insured, but that won't cover the sentimental value of the collection as my grandfather started it before I was born, and taught me a lot about coins before he died. My grandmother gave me the collection to continue building it.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismatist47, post: 858275, member: 24577"]My thoughts are this: Each collector should know the value of their collection as a whole, as well as individual coins in their collection. Certainly it would not be a wise idea to keep coins valued in the 4 digit range + in your home unless they are locked away, and even then, how good is the safe rated should you have a house fire? In other words, what is the maximum temp that safe can withstand before the contents are affected? I have a relatively small collection by comparison, proof sets from the Mint for the past 50 years, all 3 SMS 65, 66, 67; several slabbed coins from ANACS; 63 Franklin PRF, 24 Peace Dollar MS-63, etc. The most valued coin I own in my collection is an 1882-CC Morgan dollar in MS-65 by ANACS with a little gold rim toning on the obverse. That one has been valued at $600. Plus some proof Kennedys, Washingtons, and Jeffersons Ive picked up the past couple of weeks from my main coin dealers half off bin. I feel okay with my collection in my home and can't see paying the expense of a SDB from my bank, as far as an in home safe, I don't have one. But this is just my prefernce, as someone else with a similar collection may feel better if it were in a SDB. My collection is insured, but that won't cover the sentimental value of the collection as my grandfather started it before I was born, and taught me a lot about coins before he died. My grandmother gave me the collection to continue building it.[/QUOTE]
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