Precious Metal Storage
HankF
Posts: 11
Long time message board lurker here. This is my first post
I have accumulated a decent amount of PMs in the past year and a half. I currently have about 2/3 of my PMs in a safe deposit at my bank and 1/3 of my PMs in my home safe, which is pretty good quality.
I am concerned that if the SHTF, I will not be able to get my PMs out of the bank (looting, bank closure, gov't seizure, etc). I am also concerned that I could be robbed at gunpoint at my house and forced to open the safe. I am considering burying my PMs around my property.
Anyone have any wisdom on this issue?
Hank.
I have accumulated a decent amount of PMs in the past year and a half. I currently have about 2/3 of my PMs in a safe deposit at my bank and 1/3 of my PMs in my home safe, which is pretty good quality.
I am concerned that if the SHTF, I will not be able to get my PMs out of the bank (looting, bank closure, gov't seizure, etc). I am also concerned that I could be robbed at gunpoint at my house and forced to open the safe. I am considering burying my PMs around my property.
Anyone have any wisdom on this issue?
Hank.
0
Comments
What PMs?
I knew it would happen.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
<< <i>I have a large safe in my home. I keep only the minimum amount of valuables in it. I use it as a decoy safe just in case I was robbed. Meanwhile....the bulk of my valuables are secured in a smaller safe that is concealed in a more discreet place. >>
Good idea.
last time I looked it was still there! Dark now so maybe I'll go look in the morning!! Easy to
forget that it's there. I too have a very large safe with modern coins and some wheaties and
buffalos (dated and dateless) in my closet. Easy to find, hard to get out. But a great decoy.
Don't have a SDB anymore.
bob
I just have decoy mounds of dirt around my yard.
I remember threads about safes here on the PM forum, but the age old debate has numerous threads on the US Coin forum (it's not too difficult to figure out how do an Advanced Search, I linked one below...)
Safe Deposit Box Thread on US Coin Forum 2006
<< <i>just dont bury it next to the wife >>
This was an old email I saved, prob y'all got it too, has that 'feel' of one of them 'send all' emails or whatever you call them. I like the parts about the kids' rooms. And big dogs.
And decoys; have some myself, one of which is the $29 Sentry safe that has some junk rattling around, looks like easy pickin's, easy to carry out. They don't have all day with the alarm going off...
There is underwear with fake 'skid marks' you can buy online (no burglar goin' there LOL), fake water bottles, electric outlets, easy to google.
CRIME: 13 Things a Burglar Won't tell you
THIS IS LENGTHY, BUT WORTH THE READ
--------------------------------------------------------------------------------
1. Of course I look familiar. I was here just last week cleaning your carpets, painting your shutters, or delivering your new refrigerator.
2. Hey, thanks for letting me use the bathroom when I was working in your yard last week. While I was in there, I unlatched the back window to make my return a little easier.
3. Love those flowers. That tells me you have taste ... and taste means there are nice things inside. Those yard toys your kids leave out always make me wonder what type of gaming system they have.
4. Yes, I really do look for newspapers piled up on the driveway. And I might leave a pizza flyer in your front door to see how long it takes you to remove it.
5. If it snows while you're out of town, get a neighbor to create car and foot tracks into the house. Virgin drifts in the driveway are a dead giveaway.
6. If decorative glass is part of your front entrance, don't let your alarm company install the control pad where I can see if it's set. That makes it too easy.
7. A good security company alarms the window over the sink. And the windows on the second floor, which often access the master bedroom-and your jewelry. It's not a bad idea to put motion detectors up there too.
8. It's raining, you're fumbling with your umbrella, and you forget to lock your door-understandable. But understand this: I don't take a day off because of bad weather.
9. I always knock first. If you answer, I'll ask for directions somewhere or offer to clean your gutters. (Don't take me up on it.)
10. Do you really think I won't look in your sock drawer? I always check dresser drawers, the bedside table, and the medicine cabinet.
11.. Helpful hint: I almost never go into kids' rooms.
12. You're right: I won't have enough time to break into that safe where you keep your valuables. But if it's not bolted down, I'll take it with me.
13. A loud TV or radio can be a better deterrent than the best alarm system. If you're reluctant to leave your TV on while you're out of town, you can buy a $35 device that works on a timer and simulates the flickering glow of a real television. (Find it at faketv.com.)
8 MORE THINGS A BURGLAR WON'T TELL YOU:
1. Sometimes, I carry a clipboard. Sometimes, I dress like a lawn guy and carry a rake. I do my best to never, ever look like a crook.
2. The two things I hate most: loud dogs and nosy neighbors.
3. I'll break a window to get in, even if it makes a little noise. If your neighbor hears one loud sound, he'll stop what he's doing and wait to hear it again. If he doesn't hear it again, he'll just go back to what he was doing. It's human nature.
4. I'm not complaining, but why would you pay all that money for a fancy alarm system and leave your house without setting it?
5. I love looking in your windows. I'm looking for signs that you're home, and for flat screen TVs or gaming systems I'd like. I'll drive or walk through your neighborhood at night, before you close the blinds, just to pick my targets.
6. Avoid announcing your vacation on your Facebook page. It's easier than you think to look up your address.
7. To you, leaving that window open just a crack during the day is a way to let in a little fresh air. To me, it's an invitation.
8. If you don't answer when I knock, I try the door. Occasionally, I hit the jackpot and walk right in.
Protection for you and your home
If you don't have a gun, here's a more humane way to wreck someone's evil plans for you.. I guess I can get rid of the baseball bat.
Wasp Spray
A friend who is a receptionist in a church in a high risk area was concerned about someone coming into the office on Monday to rob them when they were counting the collection. She asked the local police department about using pepper spray and they recommended to her that she get a can of wasp spray instead.
The wasp spray, they told her, can shoot up to twenty feet away and is a lot more accurate, while with the pepper spray, they have to get too close to you and could overpower you. The wasp spray temporarily blinds an attacker until they get to the hospital for an antidote. She keeps a can on her desk in the office and it doesn't attract attention from people like a can of pepper spray would. She also keeps one nearby at home for home protection... Thought this was interesting and might be of use.
Wasp And Hornet Spray
On the heels of a break in and beating that left an elderly woman in Toledo dead, self defense experts have a tip that could save your life.
Val Glinka teaches self-defense to students at Sylvania Southview High School. For decades, he's suggested putting a can of wasp and hornet spray near your door or bed.
Glinka says, "This is better than anything I can teach them."
Glinka considers it inexpensive, easy to find, and more effective than mace or pepper spray. The cans typically shoot 20 to 30 feet; so if someone tries to break into your home, Glinka says, "spray the culprit in the eyes". It's a tip he's given to students for decades. It's also one he wants everyone to hear. If you're looking for protection, Glinka says look to the spray.
"That's going to give you a chance to call the police; maybe get out."
Maybe even save a life.
Please share this with all the people in your life.
____________________________________________________________________________________________________________
DYODD!
<< <i>Long time message board lurker here. This is my first post
I have accumulated a decent amount of PMs in the past year and a half. I currently have about 2/3 of my PMs in a safe deposit at my bank and 1/3 of my PMs in my home safe, which is pretty good quality.
I am concerned that if the SHTF, I will not be able to get my PMs out of the bank (looting, bank closure, gov't seizure, etc). I am also concerned that I could be robbed at gunpoint at my house and forced to open the safe. I am considering burying my PMs around my property.
Anyone have any wisdom on this issue?
Hank. >>
Hi MikEy!
You would be best served owning a home defense firearm such as a 12 guage shotgun, the chances of a successful home robbery at gunpoint is highly unlikely if you take the proper precautions in home defense.
Owning a heavy duty safe in your home is the best solution in my opinion, regardless of the safe being hidden or not if it's heavy enough it will be a large task to haul away.
Finally, refrain from telling anyone what valuables you have.
When it comes to home safes the most of my worries would be protection of value from disasters such as fire and internal humidity/chemical reactions if you store it with ammo or weapons that have cleaning agent residue as it could have an affect on numismatic items (reactions to the chemicals).
Edited to add: I avoid safety deposit boxes at banks.
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
Where You Hide It
How You Store It
Norton just reported a serious BROWSER ATTACK when I went to your link for DollarCollapse.com
I knew it would happen.
insure their value and keep it updated is another option and an added level.
banks do not insure contents of SDB's
i'm not of the burial type, but it was common practice.
ttown, please remove that link ASAP.
DO NOT GO TO THAT DOLLARCOLLAPSE SITE!
JC
Fred, Las Vegas, NV