Burying PMs
tneig
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.
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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.
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COA
0
Comments
"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
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.
<< <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
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.
Too many positive BST transactions with too many members to list.
Bulk. Access at will. Long term storage. Not safe at home.
<< <i>Can I ask, what for? >>
<< <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.
<< <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
<< <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.
>
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.
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......
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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.
<< <i>If you bury them in your crawlspace, you don't even have to wait til midnight. >>
Don, some like to kick it old school
MJ
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......
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.
Too many positive BST transactions with too many members to list.
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......
In God We Trust.... all others pay in Gold and Silver!
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.
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.so 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.
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>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.
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!
<< <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".........