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Professionally Transporting Safety Deposit Box Contents Across USA: need advice

Does anyone know of a means of professionally transporting the contents of a safety deposit box located in a bank in the state of New Jersey to a bank in California? Although it is being transferred to a bank of a similar name (another branch) the bank in New Jersey does not provide this service to its customers.

Of course , required is a means to securely transfer with full insurance.

Anyone with experience with this procedure or aware of the best possibilities your kind advice would be greatly appreciated.

Comments

  • BryceMBryceM Posts: 11,843 ✭✭✭✭✭
    Depends on the value. You could do it yourself via registered mail, but I'm guessing you're looking for a courier service. Brinks and many other companies provide this. Many dealers and auction companies use their service to move inventory around.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    If your moving/traveling you can carry it with you. First sign up for some insurance via ANA, etc. and explain your situation. The times when I moved out of state the safe deposit box contents came with me. Dealers do this all the time traveling to and from shows. If the contents is not that bulky you might be able to hook up with a top dealer from NJ who is traveling out to Long Beach, etc. The REG mail route might cost around $100 to ship $100K in a dozen or two items.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭
    Get your gun and start driving?
  • BAJJERFANBAJJERFAN Posts: 31,200 ✭✭✭✭✭
    Originally posted by: ricardouno

    Does anyone know of a means of professionally transporting the contents of a safety deposit box located in a bank in the state of New Jersey to a bank in California? Although it is being transferred to a bank of a similar name (another branch) the bank in New Jersey does not provide this service to its customers.



    Of course , required is a means to securely transfer with full insurance.



    Anyone with experience with this procedure or aware of the best possibilities your kind advice would be greatly appreciated.




    What does the bank in NJ suggest that you do?
    theknowitalltroll;
  • TomBTomB Posts: 21,920 ✭✭✭✭✭
    If you can transport it yourself then your best bet might be to buy insurance and transport it on your own.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    Large Flat Rate Box(s) with REGISTERED MAIL.



    Up to 70lbs/box and up to $25,000 insurance
  • BAJJERFANBAJJERFAN Posts: 31,200 ✭✭✭✭✭
    Originally posted by: georgiacop50

    Large Flat Rate Box(s) with REGISTERED MAIL.



    Up to 70lbs/box and up to $25,000 insurance




    I believe that the insurance indemnity limit for registered is now $50K. You can declare a higher value, but you must state the true value and pay an extra fee. The more value the package has, the more security it will get, such as the delivery vehicle being followed by an unmarked car if necessary.
    theknowitalltroll;
  • DaveWcoinsDaveWcoins Posts: 1,185 ✭✭✭
    Originally posted by: BAJJERFAN

    Originally posted by: georgiacop50

    Large Flat Rate Box(s) with REGISTERED MAIL.



    Up to 70lbs/box and up to $25,000 insurance




    I believe that the insurance indemnity limit for registered is now $50K. You can declare a higher value, but you must state the true value and pay an extra fee. The more value the package has, the more security it will get, such as the delivery vehicle being followed by an unmarked car if necessary.




    Where did you get that information? I never heard that before.



    Is this a new service provided by the USPS?



    Unmarked car following if the insured value is high enough?
    Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
  • BAJJERFANBAJJERFAN Posts: 31,200 ✭✭✭✭✭
    Originally posted by: DaveWcoins

    Originally posted by: BAJJERFAN

    Originally posted by: georgiacop50

    Large Flat Rate Box(s) with REGISTERED MAIL.



    Up to 70lbs/box and up to $25,000 insurance




    I believe that the insurance indemnity limit for registered is now $50K. You can declare a higher value, but you must state the true value and pay an extra fee. The more value the package has, the more security it will get, such as the delivery vehicle being followed by an unmarked car if necessary.




    Where did you get that information? I never heard that before.



    Is this a new service provided by the USPS?



    Unmarked car following if the insured value is high enough?






    The info about the extra fee per $1,000 of value over $50K is on their website. I was told by someone at my PO that the fee for overvalued shipments is a fee for extra security, including following the delivery vehicle if necessary. As he said and I've posted here numerous times before. "If you fail to declare the true value and pay the fee AND your shipment gets lost, they will deny your entire claim based on the fact that had they known the true value, they would have handled it differently." He handled registered mail at my PO for more than 25 years.



    You might ask at your PO on your next visit.

    theknowitalltroll;
  • messydeskmessydesk Posts: 20,160 ✭✭✭✭✭
    What I would do is contact my insurance company and ask them the best way to do it. It really depends on value, size, and weight of what you're transporting.
  • BAJJERFANBAJJERFAN Posts: 31,200 ✭✭✭✭✭
    Originally posted by: DaveWcoins

    Originally posted by: BAJJERFAN

    Originally posted by: georgiacop50

    Large Flat Rate Box(s) with REGISTERED MAIL.



    Up to 70lbs/box and up to $25,000 insurance




    I believe that the insurance indemnity limit for registered is now $50K. You can declare a higher value, but you must state the true value and pay an extra fee. The more value the package has, the more security it will get, such as the delivery vehicle being followed by an unmarked car if necessary.




    Where did you get that information? I never heard that before.



    Is this a new service provided by the USPS?



    Unmarked car following if the insured value is high enough?




    It's been known that the Hope diamond was once transported using registered mail. Do you suppose they/whoever used regular registered service?
    theknowitalltroll;
  • FredWeinbergFredWeinberg Posts: 5,897 ✭✭✭✭✭
    Brinks



    Loomis



    Dunbar
    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • ashelandasheland Posts: 23,524 ✭✭✭✭✭
    Originally posted by: CommemKing
    Get your gun and start driving?


    image
  • BAJJERFANBAJJERFAN Posts: 31,200 ✭✭✭✭✭
    Originally posted by: FredWeinberg

    Brinks



    Loomis



    Dunbar




    Wells Fargo.
    theknowitalltroll;
  • drwstr123drwstr123 Posts: 7,045 ✭✭✭✭✭
    Originally posted by: DaveWcoins
    Originally posted by: BAJJERFAN
    Originally posted by: georgiacop50
    Large Flat Rate Box(s) with REGISTERED MAIL.

    Up to 70lbs/box and up to $25,000 insurance


    I believe that the insurance indemnity limit for registered is now $50K. You can declare a higher value, but you must state the true value and pay an extra fee. The more value the package has, the more security it will get, such as the delivery vehicle being followed by an unmarked car if necessary.


    Where did you get that information? I never heard that before.

    Is this a new service provided by the USPS?

    Unmarked car following if the insured value is high enough?


    Always has been. How do you think the Hope Diamond was shipped?
  • airplanenutairplanenut Posts: 22,322 ✭✭✭✭✭
    the bank in New Jersey does not provide this service to its customers.
    Just in case you are thinking the bank isn't being customer-friendly, keep in mind that banks go out of their way to not know what's in a safe deposit box. I can't imagine any bank providing any service regarding safe deposit boxes other than having them and letting you access yours.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • MrEurekaMrEureka Posts: 24,357 ✭✭✭✭✭
    Another option is to hand carry the collection on your flight and hire Positive Protection escorts to and from the banks and airports.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • mustangmanbobmustangmanbob Posts: 1,890 ✭✭✭✭✭
    I will do it for you.

    I also do not have photo ID, as it is not required in my state to vote, and I wear gloves all the time since my hands are cold.

  • NapNap Posts: 1,742 ✭✭✭✭✭
    Originally posted by: BAJJERFAN

    It's been known that the Hope diamond was once transported using registered mail. Do you suppose they/whoever used regular registered service?


    The Star of Africa was also sent internationally by registered mail, after a diversionary armored boat with a fake package was sent to fool anyone looking to rob it.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I moved my entire collection (gold, silver, rare coins etc.) across country, packed in a moving van.

    No problems.... Cheers, RickO
  • stevebensteveben Posts: 4,621 ✭✭✭✭✭
    Originally posted by: ricko

    I moved my entire collection (gold, silver, rare coins etc.) across country, packed in a moving van.

    No problems.... Cheers, RickO




    i carried mine in a carry-on suitcase and put it through tsa and everything. i would estimate 125K at the time. no problems.



    (it was heavy!)

  • orevilleoreville Posts: 12,120 ✭✭✭✭✭
    Make sure that it is the last bag you put through the conveyer belt so that you can eyeball it when to get to the otherside.



    Of course, the three companies Mr. Weinberg suggested is the best way to go.
    A Collectors Universe poster since 1997!
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    I've been in this position twice. Once I hand carried on the plane myself. Once I drove across the country with all my collectibles and bullmastiff in tandem. Both were high value.



    mark
    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......
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,466 ✭✭✭✭✭
    There's a DIY video on YouTube for this.

    (excuse my intrusion into your seriousness) It's my nature.
  • GreeniejrGreeniejr Posts: 1,321 ✭✭✭
    It really depends on the value. No matter what the value is you are going to want to make sure that it is fully insured whether it be 2500 or 25,000,000. Armored car is always going to be safest but there are ways to carry them as well. I remember one time I was transporting a multi-million dollar group of ancients, several of which were extremely fragile and could not be sent via Brinks. We had to get them from Chicago to LA. In that situation, we bought a supplemental policy through Hugh Wood and hired a guard through PPI to travel with me on a flight. The guard was required by the insurance company to cover it fully. On a 5 mil group that makes sense, on 50k it really doesn't.
  • derrybderryb Posts: 37,433 ✭✭✭✭✭
    Originally posted by: CommemKing
    Get your gun and start driving?


    Asset forfeiture to police departments in need of income should prevent anyone from traveling with large amounts of cash or other valuables. If stopped you are guilty until proven innocent, and your assets are confiscated on the spot. The law now allows police to consider your assets to have been accrued from illegal activity and it is up to you to fight, after the fact, for their return.

    Just read where one state police department is now using scanners to seize debit card bank balances from "suspected" criminals. Having large amounts of cash/valuables in your possession is enough cause to make you a suspect when it comes to asset forfeiture - the courts have ruled this form of actual highway robbery is legal.

    The price of gold is set by faith, or lack of, in the currency it is priced in.

  • Cougar1978Cougar1978 Posts: 8,618 ✭✭✭✭✭
    mine fits in large briefcase, might use suitcase, have ins on coins

    would drive armed to cali

    would not let bc out of sight

    any stops for food wb drive thru

    would drive carefully within speed limits

    would make hotel reservations ahead of time
    Coins & Currency
  • RehctelfRehctelf Posts: 103 ✭✭
    My first suggestion would be to not post on the internet that you are going to be moving valuable safety deposit box contents across country ;-)

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