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Burying PMs

tneigtneig Posts: 1,505 ✭✭✭
Still working on some experiments. One of which is burying silver.
Maybe black or white PVC pipe 2-4" diameter in the ground about 3 feet deep? Ideas?

Moisture may be the issue in my areas. Not sure anything can absorb it long term.

So what would be the best silver items to store in such conditions that would still hold their basic value later?
Thinking generic silver bars or basic poured. (Easily cleaned later.) 5/10oz are less items to tarnish than 1oz.
In the original plastic or loose bars. Maybe even 90% quarters.
--------
COA

Comments

  • derrybderryb Posts: 36,791 ✭✭✭✭✭
    moisture is a concern anywhere in the ground. Use 6" pvc pipe cut to length, glue cap on one end, thread cap on other end, use teflon tape on male threads to seal out moisture. When burying throw about a foot of dirt on it and then drop a soda can in the hole and fill hole. The soda can will be discovered by anyone with a metal detector who will probably think that is all the detector saw.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,100 ✭✭✭✭✭
    Burying PMs or getting buried in PMs?

    image

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear



  • << <i>moisture is a concern anywhere in the ground. Use 6" pvc pipe cut to length, glue cap on one end, thread cap on other end, use teflon tape on male threads to seal out moisture. When burying throw about a foot of dirt on it and then drop a soda can in the hole and fill hole. The soda can will be discovered by anyone with a metal detector who will probably think that is all the detector saw. >>



    You think of everything.
    Many buy and sell transactions. Let's talk!
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>

    << <i>moisture is a concern anywhere in the ground. Use 6" pvc pipe cut to length, glue cap on one end, thread cap on other end, use teflon tape on male threads to seal out moisture. When burying throw about a foot of dirt on it and then drop a soda can in the hole and fill hole. The soda can will be discovered by anyone with a metal detector who will probably think that is all the detector saw. >>



    You think of everything. >>



    There are many videos on youtube that help with this. Lots of good info such as what derryb offered.

    Best of luck,
    Ray
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Godd idea derryb !!!
    Timbuk3
  • nibannynibanny Posts: 2,761
    Can I ask, what for?
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    How do you plan on keeping track of what you buried, where you buried it, and who all knows about it?

    My grandfather buried cash in mason jars......didn't work too good for long term storage. plus he forgot where he buried some of them.
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • tneigtneig Posts: 1,505 ✭✭✭
    Why bury Silver bullion? For alternate storage and safety and cost. $75 bucks a year minimum per SDB cost eats up profits.
    Bulk. Access at will. Long term storage. Not safe at home.



    << <i>Can I ask, what for? >>

    COA
  • tneigtneig Posts: 1,505 ✭✭✭


    << <i>How do you plan on keeping track of what you buried, where you buried it, and who all knows about it?
    My grandfather buried cash in mason jars......didn't work too good for long term storage. plus he forgot where he buried some of them. >>



    Very good point. I have some experience. (ps. I like your grandfather! I'm not sure where I hid some in the house.)
    I'll keep records with a code to decript the locations, that I keep mentally, and I use an offset technique. But I can remember 2 locations.
    I'd go where others wouldn't to place it. Don't need many, just a couple. Its anticipated. I'm not loaded yet. lol

    I have to hide it now from all my relatives! I plan to die broke and to have tapped into all of it. If I die
    early, well, the relatives should have been nicer to me instead of trying to steal it now. See my point.
    Regular monies have beneificiaries now, which already puts me at enough risk. Beside all but one
    of my direct relatives are gone now. But seriously, I'll need it all during early retirement stages.

    COA
  • derrybderryb Posts: 36,791 ✭✭✭✭✭


    << <i>How do you plan on keeping track of what you buried, where you buried it, and who all knows about it?

    My grandfather buried cash in mason jars......didn't work too good for long term storage. plus he forgot where he buried some of them. >>


    keep a map in the SDB

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>moisture is a concern anywhere in the ground. Use 6" pvc pipe cut to length, glue cap on one end, thread cap on other end, use teflon tape on male threads to seal out moisture. When burying throw about a foot of dirt on it and then drop a soda can in the hole and fill hole. The soda can will be discovered by anyone with a metal detector who will probably think that is all the detector saw. >>



    Same thing can work with firearms, tho I'd glue both ends. I'd use a smaller shorter PVC pipe for the PM. A concrete slab with some re-rod over the grave helps too.
    theknowitalltroll;
  • dontippetdontippet Posts: 2,606 ✭✭✭✭
    Why not bury it in a secure location, such as your crawlspace? It is still buried and very difficult to find. Plus, there is limited access to your own crawlspace. Also, moisture damage would be greatly reduced. If you have a fire, you can always dig through the rubble to access your stash. If there is a burglary, the guys might tear everything apart looking for stashes, but I doubt they will dig up your crawlspace. If you don't have a crawlspace, you could cut a hole in your basement floor, then refill with concrete.
    > [Click on this link to see my ebay listings.](https://www.ebay.com/sch/i.html?_nkw=&amp;_in_kw=1&amp;_ex_kw=&amp;_sacat=0&amp;_udlo=&amp;_udhi=&amp;_ftrt=901&amp;_ftrv=1&amp;_sabdlo=&amp;_sabdhi=&amp;_samilow=&amp;_samihi=&amp;_sadis=15&amp;_stpos=61611&amp;_sargn=-1&saslc=1&amp;_salic=1&amp;_fss=1&amp;_fsradio=&LH_SpecificSeller=1&amp;_saslop=1&amp;_sasl=mygirlsthree3&amp;_sop=12&amp;_dmd=1&amp;_ipg=50&amp;_fosrp=1)
    >

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  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I keep my midnight gardening tools between my zombie scythe and my hedging sheers. I'm very organized. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • dontippetdontippet Posts: 2,606 ✭✭✭✭
    If you bury them in your crawlspace, you don't even have to wait til midnight.
    > [Click on this link to see my ebay listings.](https://www.ebay.com/sch/i.html?_nkw=&amp;_in_kw=1&amp;_ex_kw=&amp;_sacat=0&amp;_udlo=&amp;_udhi=&amp;_ftrt=901&amp;_ftrv=1&amp;_sabdlo=&amp;_sabdhi=&amp;_samilow=&amp;_samihi=&amp;_sadis=15&amp;_stpos=61611&amp;_sargn=-1&saslc=1&amp;_salic=1&amp;_fss=1&amp;_fsradio=&LH_SpecificSeller=1&amp;_saslop=1&amp;_sasl=mygirlsthree3&amp;_sop=12&amp;_dmd=1&amp;_ipg=50&amp;_fosrp=1)
    >

    Successful transactions on the BST boards with rtimmer, coincoins, gerard, tincup, tjm965, MMR, mission16, dirtygoldman, AUandAG, deadmunny, thedutymon, leadoff4, Kid4HOF03, BRI2327, colebear, mcholke, rpcolettrane, rockdjrw, publius, quik, kalinefan, Allen, JackWESQ, CON40, Griffeyfan2430, blue227, Tiggs2012, ndleo, CDsNuts, ve3rules, doh, MurphDawg, tennessebanker, and gene1978.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>If you bury them in your crawlspace, you don't even have to wait til midnight. >>



    Don, some like to kick it old schoolimage

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    I'm with Don, if you're gonna bury it, bury it in the crawlspace or somewhere under your roof, not in the wide open yard or woods. I just don't feel confortable enough to bury something with public access (even though it still may be on your private property). Maybe that's just me. It's been done for centuries so I guess it works most of the time.
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    For the record, I don't have midnight gardening tools or a zombie scythe. I do have hedging sheers. My shrubs are pristine. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • SpoolySpooly Posts: 2,108 ✭✭✭
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • stevebensteveben Posts: 4,611 ✭✭✭✭✭
    note to self: after digging up a soda can, recheck the spot again for another hit.

    seriously, i'd like to improve on that suggestion and say that instead of a soda can, why not put a silver dime or quarter instead. it costs a little more, but it might do the trick a little better. the person digging will be so psyched they found silver they won't check again.
  • mikeygmikeyg Posts: 1,002


    All this talk of crawlspace takes me back.When I was about ten,I used to hide my coins under the tv but my brother always found them and spent them.imageso I decided to crawl under the house and buried my coins in a metal mailbox.I marked the spot with a big X.The next week when I went to add some coins to the stash,I couldnt find the X or my mailbox.I searched for awhile but gave up.I couldnt get under there now but I have thought about getting a kid and giving him a metal detector.All the silver must be black by now.
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    I think it's silly to bury PM's or guns or anything else for that matter. There must be easier ways to hide your stash within your home---under floor boards, inside a false wall, etc. Or, why not just buy a good safe?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
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  • VikingDudeVikingDude Posts: 1,342 ✭✭✭
    Especially if you live in the north. Not accessible for a few months out of the year, not to mention what the freeze/thaw cycle would do to the container.
  • stevebensteveben Posts: 4,611 ✭✭✭✭✭


    << <i>I think it's silly to bury PM's or guns or anything else for that matter. There must be easier ways to hide your stash within your home---under floor boards, inside a false wall, etc. Or, why not just buy a good safe? >>



    the problems i see with the safe:

    1. it has to be heavy...really heavy. so heavy that it's almost impossible to move it...otherwise thieves will just steal it and break into it later.
    2. when you buy the safe, you may as well announce to the people you buy it from, the people who deliver it, those who see it get delivered, and any one who comes into your house that you have valuables.
    3. see number 1. where do you put it? how do you move it? etc.
  • tneigtneig Posts: 1,505 ✭✭✭
    Not safe in the home environment is what drives this. Much appreciate the advice and suggestions and links. The prepping of the contents too.

    I have some pretty good open areas nearby that are pretty barren in an area not likely to ever have reason to use a detector. I'd go 3 feet to avoid a detector and will do a test with one for 1,2, and 3 feet. It can sit for years.

    If I kick early, it'll be the biggest treasure hunt in the area since the pirate days... Even if I spend it all, I'll tell them its out there!
    COA
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭


    << <i>

    << <i>I think it's silly to bury PM's or guns or anything else for that matter. There must be easier ways to hide your stash within your home---under floor boards, inside a false wall, etc. Or, why not just buy a good safe? >>



    the problems i see with the safe:

    1. it has to be heavy...really heavy. so heavy that it's almost impossible to move it...otherwise thieves will just steal it and break into it later.
    2. when you buy the safe, you may as well announce to the people you buy it from, the people who deliver it, those who see it get delivered, and any one who comes into your house that you have valuables.
    3. see number 1. where do you put it? how do you move it? etc. >>



    Before you have a safe delivered, stop at best buy or a big box store and get a huge refridgerator box..........NEVER have a safe delivered " naked".........
    " YOU SUCK " Awarded 5/18/08
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