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<p>[QUOTE="ToughCOINS, post: 3981787, member: 20480"]You might consider one or more safe deposit boxes instead. Although less convenient, they are:</p><p><br /></p><p><b>Just as insurable</b> - Hugh Wood insures coins kept in safe deposit boxes at a rate that is just as insurable as if kept in a theft / fire rated safe in an alarm-protected dwelling. I imagine most collectibles insurers are the same.</p><p><b><br /></b></p><p><b>Spacious enough</b> - I have 2 that are 10" x 10" x unknown depth (estimating about 24" deep), and they are more than sufficient for my inventory and collection.</p><p><b><br /></b></p><p><b>Reasonable in cost</b> - Compared to the front end cost of a safe and having it delivered to a second floor apartment, the much lower cost of safe deposit boxes is very attractive. Yes, the cost of SDB rental mounts, and likely will exceed the front end cost of safe/ installation over many years, but if the front end savings were invested to cover the cost of future years in the SDB, my guess is that both options would be cost neutral.</p><p><br /></p><p><b>More favorable to relocation</b> - I don't mean relocation of the safe deposit box, but of the coins. You can vacate the SDB and find another but, moving your safe, if you are forced out of your apartment is a much bigger problem. I know of many instances where a safe was left behind in vacated premises, presumably because it was too expensive / difficult for the owners to take it with them.</p><p><b><br /></b></p><p><b>Much kinder to your landlord's property</b> - If you were to cause structural damage to the apartment building, you might find yourself (1) evicted, (2) liable for expensive repairs to the property, and (3) unable to afford taking the safe with you upon departure.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 3981787, member: 20480"]You might consider one or more safe deposit boxes instead. Although less convenient, they are: [B]Just as insurable[/B] - Hugh Wood insures coins kept in safe deposit boxes at a rate that is just as insurable as if kept in a theft / fire rated safe in an alarm-protected dwelling. I imagine most collectibles insurers are the same. [B] Spacious enough[/B] - I have 2 that are 10" x 10" x unknown depth (estimating about 24" deep), and they are more than sufficient for my inventory and collection. [B] Reasonable in cost[/B] - Compared to the front end cost of a safe and having it delivered to a second floor apartment, the much lower cost of safe deposit boxes is very attractive. Yes, the cost of SDB rental mounts, and likely will exceed the front end cost of safe/ installation over many years, but if the front end savings were invested to cover the cost of future years in the SDB, my guess is that both options would be cost neutral. [B]More favorable to relocation[/B] - I don't mean relocation of the safe deposit box, but of the coins. You can vacate the SDB and find another but, moving your safe, if you are forced out of your apartment is a much bigger problem. I know of many instances where a safe was left behind in vacated premises, presumably because it was too expensive / difficult for the owners to take it with them. [B] Much kinder to your landlord's property[/B] - If you were to cause structural damage to the apartment building, you might find yourself (1) evicted, (2) liable for expensive repairs to the property, and (3) unable to afford taking the safe with you upon departure.[/QUOTE]
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