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<p>[QUOTE="cladking, post: 2614743, member: 68"]The asylum is being run by the lunatics but I wager such language is merely to reflect the fact that the vault and the place of the box still belong to the institution that owns it. This gives them some specific rights such as that you don't have a meth lab in it or laundered money.</p><p><br /></p><p>Of course the bank can confiscate your collection and claim this law gives them clear title to it but then you'll have to hire a lawyer to dispute this.</p><p><br /></p><p>I'm a little fatalistic on these issues now days anyway. You have to sign away your rights and your first born just to get on line and posting. We don't even own the coins in our possession since the mint limits what we can do with them. The banks steal all the interest on your accounts so the big shots can be wealthy so why should it bother me that the documents say the box belongs to someone else?</p><p><br /></p><p>The bankers won't be able to rent vault space the moment they start confiscating boxes.</p><p><br /></p><p>I figure that at least with SDB's no one will come to my home and shoot me after I open a safe. All my coins that have any value are in SDB's. I don't keep a lot of junk. Yes, it's costly and I don't get to see my collections often but it is peace of mind.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2614743, member: 68"]The asylum is being run by the lunatics but I wager such language is merely to reflect the fact that the vault and the place of the box still belong to the institution that owns it. This gives them some specific rights such as that you don't have a meth lab in it or laundered money. Of course the bank can confiscate your collection and claim this law gives them clear title to it but then you'll have to hire a lawyer to dispute this. I'm a little fatalistic on these issues now days anyway. You have to sign away your rights and your first born just to get on line and posting. We don't even own the coins in our possession since the mint limits what we can do with them. The banks steal all the interest on your accounts so the big shots can be wealthy so why should it bother me that the documents say the box belongs to someone else? The bankers won't be able to rent vault space the moment they start confiscating boxes. I figure that at least with SDB's no one will come to my home and shoot me after I open a safe. All my coins that have any value are in SDB's. I don't keep a lot of junk. Yes, it's costly and I don't get to see my collections often but it is peace of mind.[/QUOTE]
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