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"Safe Deposit Boxes Aren’t Safe" (NY Times article)
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<p>[QUOTE="TypeCoin971793, post: 4008853, member: 78244"]I’m getting a SBD because the value of my collection warrants it, and because I can’t install a suitable safe where I am living. The bank’s vault is also more tornado-proof than where I am living, and there are fewer opportunities for fires to break out. It is just added peace of mind.</p><p><br /></p><p>I will be keeping a meticulous record of what is going in the box and taking pics of the more valuable stuff that I have not already photographed. In addition, I will insure the coins using a numismatic insurer (Hugh Wood, probably). That should cover all the bases.</p><p><br /></p><p>a tip I learned from someone else is that you should keep your main collection in a hidden heavy-duty safe and put a couple hundred dollars of unimportant coins (ASEs, modern proofs, etc.) in a cheap Sentry Safe. It will act as a decoy if put in an obvious location.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4008853, member: 78244"]I’m getting a SBD because the value of my collection warrants it, and because I can’t install a suitable safe where I am living. The bank’s vault is also more tornado-proof than where I am living, and there are fewer opportunities for fires to break out. It is just added peace of mind. I will be keeping a meticulous record of what is going in the box and taking pics of the more valuable stuff that I have not already photographed. In addition, I will insure the coins using a numismatic insurer (Hugh Wood, probably). That should cover all the bases. a tip I learned from someone else is that you should keep your main collection in a hidden heavy-duty safe and put a couple hundred dollars of unimportant coins (ASEs, modern proofs, etc.) in a cheap Sentry Safe. It will act as a decoy if put in an obvious location.[/QUOTE]
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