Store your coins in a Safety Deposit box? Maybe

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

  1. cplradar

    cplradar Talmud Chuchum


    it was increased policing. On Monday there was no police busts and on tuesday there was. And the change was immediate. Statistics that show otherwise are flatout lies and not supported by the events as they were being reported.

    Part of the lie is that they didn't COUNT the crime, because they didn't enforce that. That was the first thing that changed, was driving up reports and getting realtime statistics.

    Just like right now that they stopped policing crime is escalating through the roof.
     
    Last edited: Oct 29, 2021
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  3. Valentinian

    Valentinian Supporter! Supporter

    It sounds like you are talking about one city. The drop was nationwide--across all big cities--and cannot be explained by policing in one city. You can want it to be policing (and policing must have something to do with it) but the data show the greatest contribution to the cause was demographics. When people are not forced to have children they don't want, the children are less likely to grow up criminals.
     
  4. Mainebill

    Mainebill Bethany Danielle

    No chance of a safe deposit box for me. I’m increasingly untrusting of banks too. Though I keep most of my liquid assets and my business money there. Cash and coins in a safe in my house. Armed and canine security there. And trustworthy neighbors. I trust them far more than the government. This girl ready if the manure hits the fan as I’m afraid it will
     
    serafino and expat like this.
  5. 1865King

    1865King Well-Known Member

    I'm aware of what a ghillie suit is. I had a Marine sniper (ret) as a employee. He brought it to work and kept it in his office. Very quite man. My son was a Captain in the Marine Corps also. Light Armor Officer multiple combat tours.
     
  6. TheFinn

    TheFinn Well-Known Member

    If a bank closes, everything in the SDBs is considered an unsecured asset of the bank.

    I don’t personally want to risk it.
     
  7. cplradar

    cplradar Talmud Chuchum


    That is a canard put forward by clueless sociologist who manipulate statistics to prove that we have no control of our society. As a fact, your wrong and even the NY Times had to admit that NYC wasn't just following a national trend, but it was creating a new dynamic. It had ZERO to do with demographics when on Monday you had drug pushers occupying all the retail stalls on Pitkin Avenue and on Tuesday they were cleaned out and by Thursday the retail strip was again open and occupied by grocers and fashionable clothing stores.

    It is disingenuous to everyone who worked so hard to bring sanity back to urban cores across the country and attribute it all to DUMB LUCK with a sprinkling of demographics magic. It is not just fundamentally wrong, but it is insulting. We are not helpless sheep.

    I am now done with this conversation and consider it closed. I do not live in a world where we are helpless victims of society and have no means to affect change. Coin theft can be greatly reduced with the proper leadership and commitment to contain it.

    Government can be constrained to respect private property and to serve and protect.

     
    Last edited: Oct 30, 2021
  8. Razz

    Razz Critical Thinker

    You need to make yourself less of a target than the next Joe. Here in Tucson we have had a huge problem with vehicle thefts. Large SUVs for drug runs across the border and the Hondas that are popular to certain crowds that make street racers. You can own these type of vehicles but always lock them and use other devices such as lo Jack etc. If they want your vehicle they will get it but if you make it a huge risk reward situation, there are enough targets that they move on to the next vehicle. Same with collections of any type. Don't bring attention to yourself, have appropriate deterrents and make it hard for the criminals so they don't peg you as a "lick" or mark.
     
    longshot, serafino, ldhair and 2 others like this.
  9. harrync

    harrync Well-Known Member

    So if a bank goes bankrupt, everything in the lock boxes suddenly becomes their property? Wow! I have been following the news for close to 70 years now, and in those years, thousands of banks have gone belly-up. One would have thought there would have been news story after news story of irate box holders screaming at the injustice - I haven't seen a single one. Must be another coverup by the lame-stream media.
     
  10. harrync

    harrync Well-Known Member

    Another thesis is that when lead was removed from gasoline and paint, lead poisoning in children was greatly reduced. Lead poisoning causes mental impairment, and the mentally impaired are more likely to do criminal acts.
     
  11. ldhair

    ldhair Clean Supporter

    No. You would still own the contents of the box.
     
  12. serafino

    serafino Well-Known Member

    That's hard to believe. Where did you hear that ?
     
    CoinCorgi likes this.
  13. cplradar

    cplradar Talmud Chuchum

    I don't live in "Lord of the Flies". What we need is to stop the trade in stolen coins and to make it hard for criminals to unload coins onto the market. A man needs to be secure in his property, and king of his castle. He shouldn't have to worry about unwarnted theft from the state or the criminals.
     
  14. ldhair

    ldhair Clean Supporter

    Kings and real men take charge of security and do everything possible to protect what they have. Security starts with our own actions and we should not put all the blame on others if we did not do everything possible to protect ourselves.
    Telling others to not trust the police, dogs, guns and safe deposit boxes is not helpful in fighting the problem. We should fight crime from all directions.
     
  15. masterswimmer

    masterswimmer Well-Known Member

    I've been saying that to this guy since he's been on his crusade. He put me on ignore because he can't come up with an argument to counter this logic.

    Prepare to go invisible to him. He won't take responsibility for his actions/inactions. It's always someone else's fault and someone else's responsibility to protect him.
     
  16. juris klavins

    juris klavins Well-Known Member

    Although banks don't insure the contents of their SDBs, they will pay out for privately insured stolen or destroyed contents - Wells Fargo Bank limits their indemnity to $10,000 and other banks have similar limits - based on that, you're better off storing your ultra valuable coins elsewhere.
     
  17. TheFinn

    TheFinn Well-Known Member

  18. TheFinn

    TheFinn Well-Known Member

    If you can get in.
     
  19. TheFinn

    TheFinn Well-Known Member

    https://en.m.wikipedia.org/wiki/Safe_deposit_box

    You probably believe that casinos have to redeem their chips too. Nope, you gave them cash and purchased “gaming tokens.”
     
  20. cplradar

    cplradar Talmud Chuchum


    that is not remotely the same. BTW - never ever trust Wikipedia
     
  21. mynamespat

    mynamespat Well-Known Member

    Lord of the Flies is actually an allegorical microcosm of society from the perspective of William Golding. ...just sayin'
     
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