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<p>[QUOTE=&quot;Kasia, post: 3598512, member: 31533&quot;]Take the freebie but realize it will likely be pretty small. Still, you can store important papers in there.</p><p><br /></p><p>Look for setting up an account with a credit union if they also have boxes, as their rates can be much cheaper than regular banks.</p><p><br /></p><p>I think it is not so important for coins if you realize that you are still on the south side of the point where possibly losing a collection is cost-wise a risk you no longer want to take to save the fees for boxes. Put it this way... Say you have coins valued at 1-2 thousand in your home and renting a safe deposit box at 100 a year (largish box at major bank can run this high) and you rent for 5-10 years. You may in that time, renting a box, essentially be &#039;buying&#039; your coins up to half-twice again... Once in buying the coins and the second in the cost, never recouped, of the box fees. Personally, at one point, that is an amount I have been willing to risk by not renting a box for them. But above a certain amount (and I am sure everyone has a different comfort level) the cost to rent a box and store them off site provides not just piece of mind, but also &#039;insurance&#039; that in 99% of all cases (exceptions being if the bank burns down or gets destroyed by a tornado or something else that is not going to happen very often and no one can predict) that locale will keep them safe. And the cost is worth it to you.</p><p><br /></p><p>If you are on the fence, I suggest you think of your own situation, the likeliness (perhaps think of it as calculating your own &#039;risk&#039; assessment), and the value point that putting extra $$$ into storing them would accomplish for you. If you do get a box, though, I always recommend having one or two people who will have access to it (you need to put their names as co-owners of the box and get their signatures, though you do not need to give them a key to the box) because if/when you pass, any box you have will not easily be able to be accessed if no one else is listed as being on it. But try to pick someone who will not abuse that trust.</p><p><br /></p><p>Personally, I try not to keep more than a thousand or so in value coins in my home, which is about the same as if someone would break in and take tvs, etc. Plus having security cams, etc. is a good idea at home. Obviously a loss I would not like to have happen, but one that I would not really &#039;kill&#039; me if it happened. Basically that is my deductible on house insurance. In life, sometimes set-backs happen.[/QUOTE]</p><p><br /></p>

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