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<p>[QUOTE=&quot;rld14, post: 483432, member: 16133&quot;]This has been a topic around here of late, but I would like to post a few things that I have always done to keep my collection safe and secure.</p><p><br /></p><p>1) First and Foremost, insure anything that you can&#039;t afford to throw away tomorrow.&nbsp; Insurance is relatively cheap, I am told the ANA has a plan that is VERY reasonable, there are others out there as well.&nbsp; It amazes me how many people will spend $2,000 a year to insure a $35,000 car that will last for 10 years but will not have insurance on a stamp or coin collection worth ten times that which has taken them decades to assemble and which will be with them for their entire lives, even if that insurance is as much or LESS than the cost of their car insurance!</p><p><br /></p><p>For me, a $350,000 collection in NJ would cost $1108 a year with collectinsure.com&nbsp; I pay more than that to insure vehicles worth less than 10% of that amount.</p><p><br /></p><p>2) Stop telling the world that you collect coins.&nbsp; Subscribe to CoinWorld?&nbsp; CDN? Have them sent to a PO Box, they cost under $100 per year.&nbsp; Buy coins on eBay?&nbsp; Off the boards?&nbsp; Off of Teletrade?&nbsp; From Heritage?&nbsp; Have them sent to an address that ISN&#039;T where you keep the coins.&nbsp; You don&#039;t know me, why would you tell me where you keep your coins?</p><p><br /></p><p>Want to hear about a scary scam?&nbsp; How about this idea...&nbsp; I go to a large coin show, like FUN, and with cash I buy 5 very valuable slabbed coins for cash.&nbsp; I take said coins, put them on eBay, and sell them, maybe I get my money back, but if not I get close.</p><p><br /></p><p>Assuming that individuals buy these coins, for the price of eBay fees, and at worst a small loss on the coins, I now have the addresses of 5 people who buy high dollar coins.&nbsp; Can you imagine a better tool for a professional crook?</p><p><br /></p><p>3) Document every last coin you own.&nbsp; Any coin of value should be scanned into JPG files, burn said files onto CDs and keep duplicates in safe places.&nbsp; God forbid anything happens you have no idea how useful this will be to an insurance company.</p><p><br /></p><p>4) Get a proper alarm system if you plan on keeping your coins at home, and get cellular backup.&nbsp; I have Cellular backup at my house, it&#039;s not very expensive and battery driven cellular backup will ensure that a silent alarm makes it to the police even if your power and phone lines are cut.</p><p><br /></p><p>Just my thoughts... please feel free to comment, add to this, etc...[/QUOTE]</p><p><br /></p>

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