It is real I did not make this up. I picked up some box of the 2009 lincoln cents and they where full of cement dust and rocks. I did not make this up the feds will not say what is going on but they say it's the crew that is going around from town to town looking for banks and hitting them. It's a matter of time befor they get cought he said they cut the alarm cut the power and the back up low voltage line. I dont know what that is but the CSI said they are good.
<< <i>Ask anyone who survived the Depression and the "bank holiday" how safe SDBs are. Some bankers went in and helped themselves to cash, coins, etc. and no one could prove what they had. >>
FWLIIW, I have never heard an anecdotal story of a bank looting its own safe deposit boxes, during the Depression or in modern times.
I do remember reading about a private safe deposit box facility up in Denver getting looted back in the early 1980's.
TD
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
<< <i>Unfortunately the only substantiation I can offer is primarily anecdotal in nature, from a few people who actually lost cash and other things from SDBs at different small banks here in central IL...
Sorry to be blunt, but the story sounds like a total fabrication.
Bank safe deposit boxes (as well as those in private security storage facilities) require at least two keys to open them. The bank's "guard" key cannot open a box unless the box holder provides their "pass key." If one of the two keys is missing (lost, etc.) the vault manufactures (or locksmith) have to come to the bank and drill out both locks. >>
Not true on the 2 keys. Some of the newer set ups have it so you do a scan of your fingerprints to get in, and once inside, you are on your own and your box only takes 1 key.
No one escorts you in. If there is someone in there when you go in, they are in there. Local bank has 3 "private" rooms back in the vault but again, it is a fingerprint scan and code to get in, then ONE key to open the box. If a friend, or family member, or someone was using the same SDB vault and handed you their key, you could get into their box once your fingerprint and code got you in.....FACT
<< <i>Unfortunately the only substantiation I can offer is primarily anecdotal in nature, from a few people who actually lost cash and other things from SDBs at different small banks here in central IL...
Sorry to be blunt, but the story sounds like a total fabrication.
Bank safe deposit boxes (as well as those in private security storage facilities) require at least two keys to open them. The bank's "guard" key cannot open a box unless the box holder provides their "pass key." If one of the two keys is missing (lost, etc.) the vault manufactures (or locksmith) have to come to the bank and drill out both locks. >>
Not true on the 2 keys. Some of the newer set ups have it so you do a scan of your fingerprints to get in, and once inside, you are on your own and your box only takes 1 key.
No one escorts you in. If there is someone in there when you go in, they are in there. Local bank has 3 "private" rooms back in the vault but again, it is a fingerprint scan and code to get in, then ONE key to open the box. If a friend, or family member, or someone was using the same SDB vault and handed you their key, you could get into their box once your fingerprint and code got you in.....FACT >>
I actually have a self serve SDB so I only need one key, It's an odd feeling walking in the bank and just walking straight in the vault but I've gotten used to it.
Can I get my "FWLIIW" (For What Little It Is Worth) added to the official marble tablet of abbreviations???????
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
<<I'm certain an internet search for and by the "simple" will turn up exactly the rubbish you relied on for the "thieving bankers" story.
By the 1920's both state and federally chattered banks had to pass regular inspections of the books and facilities. Vaults had to meet certain minimum standards including ones for safe deposit boxes. Many small banks did not have such facilities – anyone fool enough to put valuables in one of them was asking (for) trouble...>>
So it's inferred I don't know what I am talking about in the first part of your statement, then you turn around and acknowledge pretty much exactly what I said as plausible. Got it.
That pic of the roof compromised doesnt look like a very "safe" vault. What is that - 1/4" plate steel? Ugghhhh .........makes you think how much these banks spend on thier so-called vaults!
At home, with proper security, has worked for me. Understanding 'it' can happen to anyone, and learning preventive measures, security necessities and personal training provide all that is needed. Never agreed with SDB's.... Cheers, RickO
I don't understand this....I understand putting coins/jewelry/collectibles in a SDB but I don't understand putting CASH into it unless you are trying to hide it....am I missing some other reason here?
The mistress has the SDB key - he couldn't put her in the will.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
Most people dont know this but motion sensors are useless!!! If you have one in your house try this. Turn the alarm system on where you can not be picked up by the motion sensor. Then take a white bed sheet and hold it up above your head all the way to the ground and then walk twords the sensor. It will NOT go off. I did this at a friends house. He has a split level and has a motion sensor at the bottom of his steps pointing down the hall. I came down the steps right in front of the sensor with the sheet blocking me. NEVER went off. So he went online and did some research and seen it was not just something wrong with his systems. I told him I seen it on mythbusters. If you google it you can watch the episode of them showing you right there how to do it.
As long as we are graverobbing old threads, could the OP please correct the spelling in the title?
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
Maybe the banking system should rename them Risky Deposit Boxes. Safety seems like a misnomer considering you have no recourse if your items are stolen.
Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
Comments
Hoard the keys.
<< <i>Ask anyone who survived the Depression and the "bank holiday" how safe SDBs are. Some bankers went in and helped themselves to cash, coins, etc. and no one could prove what they had.
>>
FWLIIW, I have never heard an anecdotal story of a bank looting its own safe deposit boxes, during the Depression or in modern times.
I do remember reading about a private safe deposit box facility up in Denver getting looted back in the early 1980's.
TD
<< <i>Unfortunately the only substantiation I can offer is primarily anecdotal in nature, from a few people who actually lost cash and other things from SDBs at different small banks here in central IL...
Sorry to be blunt, but the story sounds like a total fabrication.
Bank safe deposit boxes (as well as those in private security storage facilities) require at least two keys to open them. The bank's "guard" key cannot open a box unless the box holder provides their "pass key." If one of the two keys is missing (lost, etc.) the vault manufactures (or locksmith) have to come to the bank and drill out both locks. >>
Not true on the 2 keys. Some of the newer set ups have it so you do a scan of your fingerprints to get in, and once inside, you are on your own and your box only takes 1 key.
No one escorts you in. If there is someone in there when you go in, they are in there. Local bank has 3 "private" rooms back in the vault but again, it is a fingerprint scan and code to get in, then ONE key to open the box. If a friend, or family member, or someone was using the same SDB vault and handed you their key, you could get into their box once your fingerprint and code got you in.....FACT
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i>Unfortunately the only substantiation I can offer is primarily anecdotal in nature, from a few people who actually lost cash and other things from SDBs at different small banks here in central IL...
Sorry to be blunt, but the story sounds like a total fabrication.
Bank safe deposit boxes (as well as those in private security storage facilities) require at least two keys to open them. The bank's "guard" key cannot open a box unless the box holder provides their "pass key." If one of the two keys is missing (lost, etc.) the vault manufactures (or locksmith) have to come to the bank and drill out both locks. >>
Not true on the 2 keys. Some of the newer set ups have it so you do a scan of your fingerprints to get in, and once inside, you are on your own and your box only takes 1 key.
No one escorts you in. If there is someone in there when you go in, they are in there. Local bank has 3 "private" rooms back in the vault but again, it is a fingerprint scan and code to get in, then ONE key to open the box. If a friend, or family member, or someone was using the same SDB vault and handed you their key, you could get into their box once your fingerprint and code got you in.....FACT >>
I actually have a self serve SDB so I only need one key, It's an odd feeling walking in the bank and just walking straight in the vault but I've gotten used to it.
RIP Mom- 1932-2012
By the 1920's both state and federally chattered banks had to pass regular inspections of the books and facilities. Vaults had to meet certain minimum standards including ones for safe deposit boxes. Many small banks did not have such facilities – anyone fool enough to put valuables in one of them was asking (for) trouble...>>
RIP Mom- 1932-2012
Read More
The name is LEE!
Velocity, Not Valuation Defines A Bubble.
click "download a PDF" on the right.
http://www.sdma.com/Publications/detail.aspx?pub=4880
There were lawsuits after 9/11 World Trade Center and Katrina in New Orleans.
I knew it would happen.
<< <i>These folks may have been caught! >>
That pic of the roof compromised doesnt look like a very "safe" vault. What is that - 1/4" plate steel? Ugghhhh .........makes you think how much these banks spend on thier so-called vaults!
Rob
Successful Trades with: Coincast, MICHAELDIXON
Successful Purchases from: Manorcourtman, Meltdown
The mistress has the SDB key - he couldn't put her in the will.
Hoard the keys.
``https://ebay.us/m/KxolR5
<< <i>These folks may have been caught!
Read More >>
Maybe a few weeks in the slammer in a few years will teach them a lesson.
<< <i>
<< <i>These folks may have been caught!
Read More >>
Maybe a few weeks in the slammer in a few years will teach them a lesson. >>
And then.........it might teach them how not to get caught?
Nah! Who would they learn it from??
The name is LEE!
<< <i>SDB's are not insured by the bank? >>
They have no idea of what is in it, how could they insure it?
<< <i>As long as we are graverobbing old threads, could the OP please correct the spelling in the title? >>
I "grave robbed" this thread because when I came across the story yesterday on Yahoo, I remembered this thread and thought I would post an update.
The name is LEE!
``https://ebay.us/m/KxolR5
<< <i>
<< <i>As long as we are graverobbing old threads, could the OP please correct the spelling in the title? >>
I "grave robbed" this thread because when I came across the story yesterday on Yahoo, I remembered this thread and thought I would post an update. >>
It's probably the misspelling that's a concern. I must be slipping since I rarely even open threads with misspellings in the title.
Taylor
I am a YN and I do not want anybody to question my IQ Level! I don't know everything and came here to learn!