Coins safe from theft?????
carl
Posts: 2,054 ✭
If you think your coins are safe from theft then guess again. In todays Chicago Tribune there was an article how the Tribune just did a search and came up with the 2,600 CIA employees, 50 internal agency hone numbers and the locations of 2 dozen SECRET CIA facilities. I think of what happens when you subsribe to a coin magazine, coin newsleter, give someone on this forum your address, apply at the front table at coin shows for a free copy of something, buy coins at shows or coin stores with a credit card or check. All this is put into computers. If someone can find out all the SECRET stuff about the CIA, just imagine what someone can find out about your coin collections. You leave a coin show and someone sees your license plates and with the nice freedom of information act they come up with your name, address, age, shoe size, etc.
Carl
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Safe Boxes dont cost that much money.
<< <i>Honestly, If you have coins that are worth going through all that trouble to seal in your home.. then you are just asking for it.
Safe Boxes dont cost that much money. >>
When the Government decides to confiscate our coins AGAIN (Gold last time), Your safe deposit box is among the FIRST place they'll look.
If I only had a dollar for every VAM I have...err...nevermind...I do!!
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99.99% of coin thefts are INSIDE jobs.
That neighbor you were showing off the proof sets to? Hell, he doesn't know they can be had for less than $20, he sees shiny new coins in a pretty case. He just lost his engineering job and knows he are away for the weekend....
Use your imagination for the rest.
<< <i>
When the Government decides to confiscate our coins AGAIN (Gold last time), Your safe deposit box is among the FIRST place they'll look. >>
By safe boxes I mean wooden chests that you hide underground.... Arggg!
But for real, I didnt think about that fact. I have been using safe boxes to store my large investments (these are key issue comics, not coins yet) and felt safe. Not from theif, but more of my own follies. Did they really go through bank boxes for gold coins last time?
<< <i>While a healthy paranoia is OK, over doing it is not a good thing.
99.99% of coin thefts are INSIDE jobs.
That neighbor you were showing off the proof sets to? Hell, he doesn't know they can be had for less than $20, he sees shiny new coins in a pretty case. He just lost his engineering job and knows he are away for the weekend....
Use your imagination for the rest. >>
I agree. When I started in coin collecting I was pretty liberal about who I talked to and what I said. I've since changed and only talk coins with a trusted few and not in public where we can be overheard easily. I think folks not knowing there are coins to steal is your best defense. Thankfully I've since moved twice to two different cities since I was a blabber mouth lol.
<< <i>While a healthy paranoia is OK, over doing it is not a good thing.
99.99% of coin thefts are INSIDE jobs.
I think that the preceeding statistic is exagerated about 1,000,000 times. That is the most rediculous statistic I've heard in a long, long time. Obviously someone never lived in a big city. Obviously never lived on the South Side of Chicago. The only thing that is inside about a theft around here is the shell inside a gun. I can't wait to tell one of my neighbors that just had his house robbed and his family beaten in the process. Yeah, your right. It happened INSIDE, inside thier home that is.
<< <i>Has anybody ever heard of gun solvents corroding copper coins? >>
Gun cleaning solvents are intended to help remove copper, brass, lead, unburned Potasium Nitrate, Charcoal and Sulfur from guns after rounds have been discharged. They contain chemicals that sure aren't the greatest for coins. Hoppe's contains Kerosene and other unnamed items on the bottle I'm looking at right now. Glad you mentioned this. I just read the cautions for the first time and it don't sound like I've been carefull enough.
99.99%??? That would be ONE in TEN THOUSAND. Sure, most are probably inside jobs, but not 99.99%.
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<< <i>Has anybody ever heard of gun solvents corroding copper coins? >>
Oh, you didn't, did you?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
I didn't spill solvent on my Lincolns, if that’s what you’re asking. I do, however, store many copper coins in my gun safe where there are freshly cleaned firearms. Could this be a problem?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
This is nonsense. I can (barely) imagine another confiscation of bullion, but the government is not going to confiscate rare coins or any other collectibles. They would sooner confiscate stocks and bonds and real estate. Not that I exect that, of course. It's far more viable and productive to simply confiscate earnings via taxation.
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