Store your coins in a Safety Deposit box? Maybe

Discussion in 'Coin Chat' started by cplradar, Oct 21, 2021.

  1. John Skelton

    John Skelton Morgan man!

    You're right, BofA isn't customer friendly, which is why we got our money and SDB out of there. We then went back to our statewide bank that's been around since before 1972 and have used them ever since. Just like my parents and aunt did, we had our boxes with them, no problems at all.
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  3. Jim Dale

    Jim Dale Well-Known Member

    Go to the animal shelter and get 2 youngish dogs, then take good care of them and they will love you. I never taught my dos anything, but if someone gets in our yard or house, they will tear into them, if you taught them right. Also, let them stay in the house at night or when it is too cold or hot. My Australian Shepherd was a puppy that someone dropped off in front of our home. She's about 30" tall and over 4 feet from nose to tail. She's white with black and brown spots. We have a chiweenie (dachshund) that I bought ($200) and she looks like the Australian Shepherd (white w/ black and brown spots. The Australian Shepherd's name is Tag because she follows the Chiweenie (Belle-short for Belledora) everywhere she goes. All 6 of our dogs sleep in the house. I feel sorry for anyone that breaks into the house (or yard) at any time of day.
    As far as a SDB, I closed them out first, because they cost $80 a year, and second, it was inconvenient as we live almost 30 miles from our country home.
    SDBs are a relatively sofe place to put your valuables. Supposedly, the only coin should be in the hands of the customer and the other key belonged to the bank. I don't have a clue as to where my missing key was. I wasn't frightened by their threats because I knew they were blowing smoke.
    Also, I liked the entry talking about getting to your SDB and empty it as soon as your loved one passes. I hadn't thought of that. One thing I thought I would do. Aside from my will, I'm going to write a letter to my wife, telling her the steps she needs to take, and to do them ASAP. I think we all should do that. Most spouses will be distraught from the passing. My wife's father got Pancreatic Cancer and had 6 months. During that time, he used it wisely. He repaired all that he could, or had it done. He wrote a list of the steps that her mother and my wife had to do. He changed all that was in his name to my wife's name. He had all the insurance policies together in a box with detailed instructions. On the 180th day the doctor told him he had, all was in order. He went to the bathroom and died on the commode. Last rights!
    1865King and John Skelton like this.
  4. 1865King

    1865King Well-Known Member

    I've known about issues with safety deposit boxes for a long time that's why I closed my out a long time ago. Sorry to hear about your father in law. My father die last year 2.5 weeks short of turning 95. Without going into the details of his last year and a half I had to take over all his personal matters such as bill paying and the care he needed. When he was home I had to do things I never thought I would every have to do. I became his nurse and doctor at times it was crazy but, you have to do what you have to do. However, as hard as it was I was able to find out everything I needed to do to take care of his finances. I also learned more about my father then I ever knew. He had told me which funeral home he wanted. He was a WW 2 navy veteran and wanted to be buried in a local veteran cemetery. I called the funeral home the day he died and they took care of most arrangements. However, there was one spooky thing that happened the day after he died. I was going thru some paperwork and I opened a drawer that I had opened a dozen times before. When I pulled it open an envelope fell over and when I look down at it it had the following written on it "READ UPON DEATH". In it was full instruction as to what he wanted. It was obvious he spent time writing the letter because it was very detailed. It had everything I needed to know. It proves there is more to life than what we think. That wasn't the only thing that happened but, it makes you think a little. Just to let you know when these things happened it didn't bother me I was actually grateful those things happened.
    masterswimmer and serafino like this.
  5. rte

    rte Well-Known Member

    It's the SSS
    Shoot Shovel & Shutup
    I've never had a sdb.
    Never had the need.
  6. cplradar

    cplradar Talmud Chuchum

    The funny part is that you feel secure like this. You obviously under-estimate the fire power and number of pitbulls that patrol just E132nd Street and Park Avenue in the Lincoln Housing Project. Being you're so far in the woods, the local gogang here in Harlem would just have a field day with you for several days. You would have no chance. They would put the Rottweiler on a Spit and cook it.

    Aside from that, if that is what it takes to be secure, or to feel secure, it is not worth it. One Glock 9M? That is not a lot of firepower when you have 15 Tech-9s and a half dozen AR-15s baring down on you.
    Jim Dale likes this.
  7. john82

    john82 Member

    my living situation is similar to that of Jim Dale's

    far from the main road heavily wooded area w/very unlevel terrain (upstate South Carolina about 20 minutes or so from the N.C. state line)

    2 questions:

    Is this "Harlem gogang" familiar with a ghillie suit?

    and do you think they like blackberries?

    lots and lots of blackberries grow here...everywhere

    some think they're rather tasty
  8. cplradar

    cplradar Talmud Chuchum

    Do you have internet access?
  9. john82

    john82 Member

    Sadly, no

    I have to have my CoinTalk posts flown in by carrier pidgion

    if you need another question answered, it'll have to wait as Binky and Scooter haven't flown back yet
    tibor and serafino like this.
  10. cplradar

    cplradar Talmud Chuchum

    Well, if you are hiding all day with your coins under a bad throw rung in the forest, waiting for a band of Harlem hoodlums with tech-9s and their pit bulls, then the question and other questions, become very valid. For me, I depend on the rule of law and depend on the integrity of police and pawn shops for security in my home, rather than expecting life to be like Tombstone, Az circa 1885, or Mosal, Kurdestan, 2015. I suppose I expose myself to a flawed logic as well for such is the price of living in civilization. But my experience is that when civil order decays, nobody is safe, and then people succumb to their worst paranoia and depravity. And there aint no throw rug in the forest that can then help you, and the dogs won't help you either. There is, however, AIs that can identify nearly any coin, and there is a means to secure our homes without attack dogs and automatic riffles if the police would enforce the law, and we were commited to ending the trade in stolen coins. It would also be helpful if our laws supported us in this matter and if we held it supreme that a person should not be seperated illegally from their property.

    If the cops were are concern about our security and property as the were concerned about finding unregistered income in safety deposit boxes for the IRS, this situation wouldn't even exist.
    Last edited: Oct 29, 2021
  11. ldhair

    ldhair Clean Supporter

    The gangs and other bad guys don't care and never will care about the laws. More laws are not going to change them or even slow down coin theft. Just look at the drug problems we have in the US. All the laws have not even put a dent in the problem. It's the same with gun laws. They will never keep the bad guys from having guns. It's foolish to think that laws will have an impact on coin theft.

    In the real world, collectors must do what they can to protect what they have. It's stupid to not do anything on your own to protect yourself.
    jafo50 and masterswimmer like this.
  12. cplradar

    cplradar Talmud Chuchum

    that is just simply not true. We just had nearly a generational drop in crime because of increased law enforcment and proactive policing. And changes in the law has made dents in many kinds of crime. In the real world, enfrocement and cooperation works. Trying to protect useful by packing heat is always a failure.
  13. ldhair

    ldhair Clean Supporter

    Just more of your false information. At least try to read and understand what others post. Law enforcement and making new laws are two different things. Trying to control and track all coin sales is impossible. How many people have to say that before you understand the problems with trying to do that?
    jafo50, masterswimmer and Oldhoopster like this.
  14. Jim Dale

    Jim Dale Well-Known Member

    Well, cpiradar, I guess you've found a weakness in my security. Did I tell you about my 3 year old attack cat?
    cplradar likes this.
  15. cplradar

    cplradar Talmud Chuchum

    We had an African Grey Parrot that defended the house from theives once.
  16. Jim Dale

    Jim Dale Well-Known Member

    I know I've rattled this cage long enough, especially about SDBs. My secured places are around the 4 acres. I'm sure that if some type of rabble wants to steal something where we live, they would first get an address for their GPS, but i live about a mile down an unregistered dirt road surrounded by trees and farmland. If someone came on our lot, our dogs and our neighbor's dogs would bark up a storm so loud, the people on the main road would know something is up. Although we don't have an electrical security system, they would have to get out of there because the noise would (as my mother would say) wake up the dead, giving me to check all the deadbolts, call 911 (my wife taught most of the deputies), get my wife and dogs in a secure place, and lock and load. I served in the 82nd Airborne Division and the 173 Airborne and am not afraid to shoot. If they are in the house, they will be killed. Not by my animals. They're with my wife so she can keep them quiet. I will shoot to kill anyone in the house then. That sounds brave for a 73 year old man. Everything will be all right if I don't have a heart attack. I'm no fool. I will hide in a place that I could see and shoot them. The would not get a chance to shoot me, unless they hear my knees knocking together.
    All of that is well and good until the time comes and they use whatever they carry and blow my house to ribbons until that can find me and or my wife and animals.
    My best weapons are our daily family prayer. That started when I was with my father, mother and brother and sisters, then my wife and children. We have been blessed over the years, although there have been some bumps. I remember one thing when in Vietnam. We received a weekly visit from a Chaplin, and we prayed with him. I lost some friends there, but I was spared. I always believe I did because of my family and Chaplin Claude Newby. He was the only Chaplin with a "Army Commenation Badge", 3 Purple Heart, 2 Tours of Duty in Vietnam, Three Bronze Stars for Valor, and Two more for Service.
    Sorry for rattling on. It probably has no place here. Bless all of you. Use your experience and wisdom to protect what is most valuable to you.
    KSorbo, serafino and cplradar like this.
  17. Phil's Coins

    Phil's Coins Well-Known Member

    90+% of the people have no idea what a ghillie suit is! I do I lived in and out of one for just short of 2 years.
    Semper Fi
    1865King likes this.
  18. Jim Dale

    Jim Dale Well-Known Member

    Used by snipers for camouflage protection.
  19. willieboyd2

    willieboyd2 First Class Poster

    There's an old joke from World War II about a new soldier who complains to his sergeant.

    The sergeant tells the soldier to "Tell it to the Chaplain". The soldier heads for Hollywood to see Charlie Chaplin.

  20. cplradar

    cplradar Talmud Chuchum

    I don't wish it should ever happen to you, I also don't see anything that is practical as it relates to the issues faced by most of the world that largely don't live the brush of Appalachia.
  21. Valentinian

    Valentinian Supporter! Supporter

    There was a drop in crime. The causes have been studied. Put tons of data in and try to let neutral standard statistical techniques tell you what "caused" it. The primary factor turns out to be demographics. There were fewer young men in the age group and social group that tend to yield most criminals. Now, it gets trickier to go further. Why were there fewer such young men? The answer is usually interpreted as having to do with birth control and abortion availability which went up at exactly the right time to explain the decrease in numbers of young men and in crime 20-30 years later.
    John Skelton and serafino like this.
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