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Is my Safe and Home Alarm enough?

LeeBoneLeeBone Posts: 4,582 ✭✭✭✭✭
I have a Safe built into a hidden compartment in my home that is bolted down. It is concealed very well and would be hard to locate. It is also bolted to the floor.
My Home Alarm system is connected to the Police and Fire which includes motion detectors on all floors and contacts on all doors and windows.
My coins are also insured for their "worth" plus a little. (`Caus I`m always adding a new coin or two)

My question is this...
With that being said, would you feel "comfortable" enough to leave your collection in your home or should I consider getting a "fairly decent size" Safe Deposit Box?

If something ever happened to these coins, I would probably give up on persuing my desires to keep on collecting.

It`s always fun to pull out a few of my coins whenever I want just to make me smile. image
If they`re in a SDB, I would hardly get to see them.

I`ve seen prior threads about how quick a safe can be broken into and I have been thinking... image

I don`t "advertise" that I collect coins, but I still would like a few opinions from my fellow board members as to what they think.

Thanks in advance...LeeBone
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Comments

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭
    If thieves have any clue you have a valuable collection.....they will find it and take it!!!

    I highly recommend a large SDB at your bank.

    I have 2 of them.

    10" x 10" x 24" are the dimensions.

    I believe mine weigh around 50lbs. each at this point.

    The bank clerk always looks at me and wonders what the hell could be in that overweight box.

    BTW, they lovingly call these big boxes "coffins."


    Good luck to you!!!


    ps. It sounds as if you do have a very nice secure situation, sort of.


  • Do you feel that they are safe when you are not at home?

    Are you ever paranoid that somebody would find your safe and break into it?

    It all depends on what you want and how you feel about your situation.

    If you are always worrying about them, then I suggest that you get a safe deposit box,
    but if you feel that the safe is secure and well hidden then I wouldn't worry about it.

    You could always get a small safe deposit box to store your rarities in and then keep
    some at home so that you could see them.

    Another option would to have your coins professionally photographed so that
    you could look at them whenever you want.

    Just my thoughts on the situation image
  • TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭
    Nothing is safe if the right(wrong) people find out about it.That is the key,not letting anyone know what you have.Even Fort Knox has to be guarded!
    Trade $'s
  • ambro51ambro51 Posts: 13,941 ✭✭✭✭✭
    Ive got 95% of my good stuff deep in the bowels of Wachovia Bank. I keep some of the misc. stuff at hand, and from time to time pull out a coin or two from the bank and keep it out awhile.

    But, truthfully, I sleep better knowing that anyone who wants to make off with the slabs has to get through about two feet of steel and the Bank security system.

    I have more fun with the coins IMAGES here on the computer than I do with the physical coins themselves.
  • "Well concealed" does nothing if you slip up and tell somebody where it is, or if a thief has a weekend to look for it.
    image
    To support LordM's European Trip, click here!
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Well I keep my meager accumulation of trinkets & widgets in a safe, bolted to the floor in my bedroom. Also have a good security system downstairs, nothing upstairs. I think about it occasionally but it really doesn't worry me.

    Best Regards, John
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • cinman14cinman14 Posts: 2,489
    you need to add a little more protection for when you are at home...
    image





  • headsplitter2headsplitter2 Posts: 463 ✭✭✭
    It's not even loaded, what you gonna hit me with it.
    All mine are loaded with one in the chamber. A couple shotguns and a Colt 45 auto.
    My wife won't allow me to put in the claymores on the stairs she says they would be too messy,
    I have to agree with her on that one.

    JD


    "Only 2 things are certain
    Death and Taxes" ~~ Ben Franklin
    https://www.pcgs.com/setregistry/u-s-coins/mint-sets/1945-mint-set/publishedset/21067
    Knutson's 45' Set 2009 Winner
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭


    << <i>It's not even loaded, what you gonna hit me with it.
    All mine are loaded with one in the chamber. A couple shotguns and a Colt 45 auto.
    My wife won't allow me to put in the claymores on the stairs she says they would be too messy,
    I have to agree with her on that one.

    JD >>



    My 40 cal. Taurus 24/7 has a full 15 clip and one in the chamber!!!!!

    image

    image
  • If I am a crook and know you have it at home, I will wait for my chance to take you ,wife or kid hostage and I am sure you will give it up. I love SD boxes because I love my family and I know you do also. SD and no worries when I am away.
    Best regards
    R
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>If I am a crook and know you have it at home, I will wait for my chance to take you ,wife or kid hostage and I am sure you will give it up. I love SD boxes because I love my family and I know you do also. SD and no worries when I am away. Best regards R >>



    Wanna give it a try????

    Thieves look for soft targets. Several people above here have posted their weapons making sure any crook reading this knows there are softer targets elsewhere. If you truly are a soft target you might want to consider this: the thief doesn't know you have an SDB. if you really think he might come taking hostages you better arm yourself. However, in addition to always telling people that my favorite brand of "safe" is Sig Sauer, I also make sure anyone who knows I collect also knows that the coins are always in the SDB--because unlike the movies, I can't just pick up the phone and call for a "cleaner". The kids would hear the noise and see the body etc and it just wouldn't be a positive experience. But then I sell cheap modern widgets so I'm not a highly desirable target anyhow. --Jerry
  • BearBear Posts: 18,953 ✭✭✭
    Two full grown wolf hybrids

    patrolling the house and grounds,

    and me in my chair, holding

    an automatic shotgun.
    There once was a place called
    Camelotimage
  • mozinmozin Posts: 8,755 ✭✭✭


    << <i>If I am a crook and know you have it at home, I will wait for my chance to take you ,wife or kid hostage and I am sure you will give it up. I love SD boxes because I love my family and I know you do also. SD and no worries when I am away.
    Best regards
    R >>




    I agree!
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • 2ndCharter2ndCharter Posts: 1,699 ✭✭✭✭✭
    SDB all the way!

    Member ANA, SPMC, SCNA, FUN, CONECA

  • DaveGDaveG Posts: 3,535
    I'd go with a safe deposit box.

    Don't forget, in addition to bad guys, there's also fire, flood, earthquake, tornado, etc.

    If I have to leave the house in a hurry, I'd rather not be loaded down with a ton of stuff.

    Check out the Southern Gold Society

  • cinman14cinman14 Posts: 2,489


    << <i>It's not even loaded, what you gonna hit me with it.

    JD >>



    I hope the thug that breaks into our house thinks the same thing image

    That would be my conceal carry protection..My 12 gauge with #4 buckshot protects the home..

    P.S....don't forget to take that BIRD SHOT out of your shotgun....image
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>SDB all the way! >>



    Perhaps a sign on the front door, "This home has no safe. All valuables are kept at the Bank America at ....[address]....Thieves, try there instead."
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭


    << <i>imageimage >>



    image
  • DMWJRDMWJR Posts: 6,034 ✭✭✭✭✭
    In order of value:

    1. Safe Deposit Box
    2. Total concealment
    3. German shepard
    4. Many, Many guns
    5. Safe in your home (screams open me)
    Doug
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    What you describe for a safe and alarm system may seem secure for those times when you are not at home. But many collectors ignore the all important times when you are at home. Imagine that a bad guy breaks in to your home late at night and wakes you while you are asleep. He has the drop on you, and as someone already suggested here, he threatens your wife or children. You will give up the combination and the coins to prevent harm to your loved ones.

    And if you think that this cannot happen, the unfortunate truth is that it does. Even here in rural Maine, with one of the lowest crime rates in the country, we had a recent home invasion where two slime balls broke into a home late at night, surprised the occupants, and brutalized the homeowner and his ten year old daughter with a machete, placing them both in the hospital in critical condition. No coins are worth that.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • BearBear Posts: 18,953 ✭✭✭
    SDB is the only way to go. If you do not

    you may well regret it. While nothing is

    absolutely safe, the SDB is the best of

    available options.
    There once was a place called
    Camelotimage
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I do not have a SDB... will NOT have an SDB. I have a safe - professional grade. My alarm system is excellent. My skills as a highly trained tactical shooter (police level and above) allow me to sleep safely. Even when away, my security sytstem is adequate. I can enjoy my coins at my leisure. If I needed to use a SDB, I would stop collecting and liquidate. Cheers, RickO
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭


    << <i>I do not have a SDB... will NOT have an SDB. I have a safe - professional grade. My alarm system is excellent. My skills as a highly trained tactical shooter (police level and above) allow me to sleep safely. Even when away, my security sytstem is adequate. I can enjoy my coins at my leisure. If I needed to use a SDB, I would stop collecting and liquidate. Cheers, RickO >>



    ricko,

    I knew I loved you from my first post in October 2006.

    ps. No, I am not gay!!!!
  • cinman14cinman14 Posts: 2,489


    << <i>What you describe for a safe and alarm system may seem secure for those times when you are not at home. But many collectors ignore the all important times when you are at home. Imagine that a bad guy breaks in to your home late at night and wakes you while you are asleep. He has the drop on you, and as someone already suggested here, he threatens your wife or children. You will give up the combination and the coins to prevent harm to your loved ones.

    And if you think that this cannot happen, the unfortunate truth is that it does. Even here in rural Maine, with one of the lowest crime rates in the country, we had a recent home invasion where two slime balls broke into a home late at night, surprised the occupants, and brutalized the homeowner and his ten year old daughter with a machete, placing them both in the hospital in critical condition. No coins are worth that. >>



    I would hunt them down like wounded prey....Then again I would have just given them the coins in the beginning if my daughter was in the house..My training has taught me a head and chest shot achieve the same results from the front as they do from the back...
    image
  • cinman14cinman14 Posts: 2,489


    << <i>I do not have a SDB... will NOT have an SDB. I have a safe - professional grade. My alarm system is excellent. My skills as a highly trained tactical shooter (police level and above) allow me to sleep safely. Even when away, my security sytstem is adequate. I can enjoy my coins at my leisure. If I needed to use a SDB, I would stop collecting and liquidate. Cheers, RickO >>



    Well put...image
  • fcfc Posts: 12,793 ✭✭✭
    my advice is this and it is quite simple.

    always keep 85% of the value of your coins in a SDB.
    cycle through 15% of the value by keeping it at home and every
    a few weeks or months get new stuff and put back the old.

    the best of both worlds. you can take a 15% loss... right? not the
    end of the world while keeping 85% truly secure and intact.

    just a thought! i did it when i had more coins. kept one or two at home
    to look at keeping the rest at the bank.
  • LeeBoneLeeBone Posts: 4,582 ✭✭✭✭✭


    << <i>I do not have a SDB... will NOT have an SDB. I have a safe - professional grade. My alarm system is excellent. My skills as a highly trained tactical shooter (police level and above) allow me to sleep safely. Even when away, my security sytstem is adequate. I can enjoy my coins at my leisure. If I needed to use a SDB, I would stop collecting and liquidate. Cheers, RickO >>



    Hey Ricko,
    Do you keep your coins at your leisure so you can look at all of your toners?

    image

    J/K, I know color is not your thing... image
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭


    << <i>my advice is this and it is quite simple.

    always keep 85% of the value of your coins in a SDB.
    cycle through 15% of the value by keeping it at home and every
    a few weeks or months get new stuff and put back the old.

    the best of both worlds. you can take a 15% loss... right? not the
    end of the world while keeping 85% truly secure and intact.

    just a thought! i did it when i had more coins. kept one or two at home
    to look at keeping the rest at the bank. >>



    I agree with you, fc....as logical as it gets!!! image
  • WalmannWalmann Posts: 2,806
    You need to weigh safety and enjoyment.

    If your feelings of security for your collection is eating at you then go the SDB route.

    On the other side if you are the type of person that gains immense enjoyment from not only having your hobby at your finger tips, but frequently love looking at them, the SDB may not be the option for you. Either that only keeping a few of the harder to replace coins in the SDB.

    SBD are less likely to be broken into, but they are on rare occassions, also banks have been known to make errors and send their contents to the state believing the box abandoned even if in frequent use, and othe disasters can strike the bank, but is less likely to substain damage than your home.

    All venues have risk, the home risk is higher but has the weight of greater enjoyment and immediate control (nice if you need to leave the country pronto).
  • JoesMaNameJoesMaName Posts: 1,066 ✭✭✭
    opps! double post...
  • JoesMaNameJoesMaName Posts: 1,066 ✭✭✭
    oops! Triple post!!
  • JoesMaNameJoesMaName Posts: 1,066 ✭✭✭
    It's nice to have what you do - and I think every law abiding American should know how to use and own a weapon,
    but get the Safety deposit box anyway... for several reasons.
      If there's serious fire your belongings could be damaged (melted )
      If your away for a week there's plenty of time to find and crack just about any home safe.
      If there's a gun to your head or worse to your wife's, that safe will be opened rather quickly...it would be nice to hand over everything in it and not be out much
      I also use mine to store (off site) copies of business data, and hard to replace financial and legal documents

    For less then $100/year I really like the peace of mind.
  • wow crooks have so many options "hum Do i break into the gun safe first ? or go for the lil one that might have cash or gold or coins ? "
    Why do you have to 'put your two cents in'... but it's only a 'penny for your thoughts'? Where's that extra penny going to?
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Two full grown wolf hybrids

    patrolling the house and grounds,

    and me in my chair, holding

    an automatic shotgun. >>



    I thought bears lived in Caves?? image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>I have a Safe built into a hidden compartment in my home that is bolted down. It is concealed very well and would be hard to locate. It is also bolted to the floor.
    My Home Alarm system is connected to the Police and Fire which includes motion detectors on all floors and contacts on all doors and windows.
    My coins are also insured for their "worth" plus a little. (`Caus I`m always adding a new coin or two)

    My question is this...
    With that being said, would you feel "comfortable" enough to leave your collection in your home or should I consider getting a "fairly decent size" Safe Deposit Box?

    If something ever happened to these coins, I would probably give up on persuing my desires to keep on collecting.

    It`s always fun to pull out a few of my coins whenever I want just to make me smile. image
    If they`re in a SDB, I would hardly get to see them.

    I`ve seen prior threads about how quick a safe can be broken into and I have been thinking... image

    I don`t "advertise" that I collect coins, but I still would like a few opinions from my fellow board members as to what they think.

    Thanks in advance...LeeBone >>



    I have and am in the same boat as you. Is anything 100% no. Is a SDB completely safe no. The government could freeze and take that from you anytime as well. Bottom line I collect the coins because I like them and want to see them and enjoy them. I can't enjoy something that is locked up 15 miles away and a hassle to just go see it when the whim moves me. Like I tell my wife if we are not going to use the good china why own it. Keep your mouth shut and you will not attrack attention. Now if I was a known dealer or shop owner I would rethink this, but as a normal collector no one has a clue what is in my home.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>What you describe for a safe and alarm system may seem secure for those times when you are not at home. But many collectors ignore the all important times when you are at home. Imagine that a bad guy breaks in to your home late at night and wakes you while you are asleep. He has the drop on you, and as someone already suggested here, he threatens your wife or children. You will give up the combination and the coins to prevent harm to your loved ones.

    And if you think that this cannot happen, the unfortunate truth is that it does. Even here in rural Maine, with one of the lowest crime rates in the country, we had a recent home invasion where two slime balls broke into a home late at night, surprised the occupants, and brutalized the homeowner and his ten year old daughter with a machete, placing them both in the hospital in critical condition. No coins are worth that. >>



    If you have a real alarm system they can't sneek up on you. If any think is open, broken or move in my home after dark all the lights in home come on and the alarm very loud goes off both in and out side. I also have motion lights outside so as soon as they jump a wall lights come on. again it all goes to being a soft target or not. I agree nothing is 100%, but you can get pretty close.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • seatedcoinsseatedcoins Posts: 1,096


    << <i>

    << <i>It's not even loaded, what you gonna hit me with it.
    All mine are loaded with one in the chamber. A couple shotguns and a Colt 45 auto.
    My wife won't allow me to put in the claymores on the stairs she says they would be too messy,
    I have to agree with her on that one.

    JD >>



    My 40 cal. Taurus 24/7 has a full 15 clip and one in the chamber!!!!!

    image

    image >>



    I had that pistol in the same caliber. I enjoyed the grip on it.
    Trustworthy BST sellers: cucamongacoin


  • << <i>

    << <i>I do not have a SDB... will NOT have an SDB. I have a safe - professional grade. My alarm system is excellent. My skills as a highly trained tactical shooter (police level and above) allow me to sleep safely. Even when away, my security sytstem is adequate. I can enjoy my coins at my leisure. If I needed to use a SDB, I would stop collecting and liquidate. Cheers, RickO >>



    ricko,

    I knew I loved you from my first post in October 2006.

    ps. No, I am not gay!!!! >>




    "Not that there is anything wrong with that!"image
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    I recommend obtaining insurance for your collection, as it is usually not covered by homeowners insurance, even if the coins are in a bank vault.

    LCoopie = Les
  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭
    Question for those folks that keep their coins in SDB's. What are you going to do when Pres Obama confiscates all the gold and seals all SDB's for inspection as part of this confiscation? Don't laugh---FDR stole all the gold in 1933 or at least tried to. They later made an exception for rare collector coins but that may not happen again if history repeats itself.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭


    << <i>That would be my conceal carry protection..My 12 gauge with #4 buckshot protects the home..

    P.S....don't forget to take that BIRD SHOT out of your shotgun....image >>



    At close range, bird shot is quite effective and fatal.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire



  • << <i>Question for those folks that keep their coins in SDB's. What are you going to do when Pres Obama confiscates all the gold and seals all SDB's for inspection as part of this confiscation? Don't laugh---FDR stole all the gold in 1933 or at least tried to. They later made an exception for rare collector coins but that may not happen again if history repeats itself. >>



    that's not going to happen again. If it does happen again, well then we will have more important things to worry about then coins anyways, like say basic survival because we'll probably be in a state or war or martial law.
  • johnsim03johnsim03 Posts: 992 ✭✭


    << <i>Question for those folks that keep their coins in SDB's. What are you going to do when Pres Obama confiscates all the gold and seals all SDB's for inspection as part of this confiscation? Don't laugh---FDR stole all the gold in 1933 or at least tried to. They later made an exception for rare collector coins but that may not happen again if history repeats itself. >>



    I would like to see some citations (from a valid news source) for this ridiculous what-if.

    What purpose would be served by such an outrageous law or requirement? In fact, the contents of SDBs are secret.

    John
    John C. Knudsen, LM ANA 2342, LM CSNS 337
    SFC, US Army (Ret.) 1974-1994
  • cinman14cinman14 Posts: 2,489


    << <i>

    << <i>That would be my conceal carry protection..My 12 gauge with #4 buckshot protects the home..

    P.S....don't forget to take that BIRD SHOT out of your shotgun....image >>



    At close range, bird shot is quite effective and fatal. >>



    If you are willing to take that chance that would be your choice. I prefer #4 buckshot based on what I was
    told from a Police officer when asked during a block party in my neighborhood.

    The officer said bird shot would be far less effective against a 280lb doped up thief during a home invasion
    or multiple attackers for that matter. I would hope I had time to fire before the attacker was at close range.
    That is when you get your weapon used on you!!!!!!!!!!!

    My point is, I have a alarm system on the house. A massive fire safe somewhere in my house. I carry a Beretta
    40 caliber as personal protection. And a nice and dependable 12 gauge for the house.

    All that said I trust the Lord will protect my family as well as myself. But if a thief wants my coin collection then he
    will find a way to get it...

    He just won't get it while I'm home.....image
  • ambro51ambro51 Posts: 13,941 ✭✭✭✭✭
    Thinking about this......

    Ive come to the conclusion that the best place to hide coins at home is in the cat litter pan

    no thief is ever going to break in.....and clean your litter pans image
  • Great discussion on this topic. Seems to me that you should never keep all your coins in any one place be it a safe or SD box. That way if you are hit they dont get everything. I would also consider hiding some not so valuable coins in different parts of the house as a third place. I have many slabbed coins that while not worth a whole lot they took a lot of time and effort to acquire and have "sentimental" value. As such they are harder to replace then say bullion that is worth a lot more. I had a beautiful date set of raw Buffaloes stolen several years back that I cant replace. They took years to assemble. Probably should have hid them somewhere.
  • TorinoCobra71TorinoCobra71 Posts: 8,059 ✭✭✭
    Safe Deposit Box for the stuff that is most valuable to you!

    TC
    image
  • laserartlaserart Posts: 2,255
    I have seen "dummy soil pipes" used as a safe. Not secure but certainly the last place anybody would ever look. This system is a pipe that looks like the soil pipe that goes from the plumbing in your home and usually through the basement wall and then into a septic tank. The idea is to make another "soil pipe" in another area of the basement to look like the real one . There is an access plug on the "Y" of the pipe and that is used as the safe door, just unscrew it and place your items in a dry and clever place to keep things hidden. I certainly would not peek into someone's pooperpipe.
    "If I had a nickel for every nickel I ever had, I'd have all my nickels back".
  • cinman14cinman14 Posts: 2,489


    << <i>Thinking about this......

    Ive come to the conclusion that the best place to hide coins at home is in the cat litter pan

    no thief is ever going to break in.....and clean your litter pans image >>



    Could you imagine the TONING.....image

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