Safety of Safe Deposit Boxes
1TwoBits
Posts: 464 ✭✭✭✭
This past weekend marked the 10th time that thieves have gained access to a bank vault by cutting a hole in the roof of the bank. Once inside, the bank robbers make quick work of the safe deposit boxes and leave undetected. There was also a similar robbery just last month. Authorities believe all of the crimes are linked, and they have occurred in Brooklyn and Queens NY.
If you have one, does this type of robbery ever make you reconsider the safety of your safe deposit box? Do you ever consider moving to a different bank if you realize the roof of the building is right over the vault area (as opposed to a multi-floor building where the roof is not right above the vault)?
Queens Bank Robery
1TwoBits
If you have one, does this type of robbery ever make you reconsider the safety of your safe deposit box? Do you ever consider moving to a different bank if you realize the roof of the building is right over the vault area (as opposed to a multi-floor building where the roof is not right above the vault)?
Queens Bank Robery
1TwoBits
Searching for bust quarters.....counterstamps, errors, and AU-MS varieties, please let me know if you can help.
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Comments
8 Reales Madness Collection
banks have a big red target on them for crooks, no matter where the vault or what type of security device are in place crooks will find a way to beat them and steal the loot in the vault
come on now crooks look over places they are going to hit and find weak spots
also crooks know all the tricks people will do to try and protect their items
https://photos.app.goo.gl/rDADi6mhVjYedUEh7
https://photos.app.goo.gl/5q2J4K72kjrigRih9
seems these banks had a weak point and the crooks took advantage of it
https://photos.app.goo.gl/rDADi6mhVjYedUEh7
https://photos.app.goo.gl/5q2J4K72kjrigRih9
Good article, and for once the reader comments are actually quite interesting, instead of the usual idiotic drivel/hate speech that one sees on articles posed on the 'net.
On when they open.....off when they close.
MINIMAL expected security.
they should have liability in my opinion.
Jeez, just opening the phone/utility OUTSIDE BOX triggers the one at my just plain ole HOUSE!
I had a phone company guy call me out to UNPADLOCK the box so he could get in to add some service. Damn thing is a spring loaded BUTTON. Mess with box even BEFORE getting to wires and the alarm is being sent.
banks have a big red target on them for crooks
"...Because that's where the money is." -- Slick Willie
- Ian
Owner/Founder GreatCollections
GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
My insurance covers my coins either in my safe deposit box or at home - but not during transportation.
So 99% of the time I keep them at the bank. If somebody did this at my bank I sure wouldn't be happy, but I'd be covered.
MY SAFETY DEPOSIT box contained a $578,426,824 342 carat diamond necklace, an 1804 dollar, a 1964-D Peace Dollar, the recipes for KFC and Coca-Cola, and the complete backed up files from Hillary's server.
How would that be handled?
How does a bank pay a claim on what they do not know about.
MY SAFETY DEPOSIT box contained a $578,426,824 342 carat diamond necklace, an 1804 dollar, a 1964-D Peace Dollar, the recipes for KFC and Coca-Cola, and the complete backed up files from Hillary's server.
How would that be handled?
When the bank rents you a SDB they require you to sign an agreement or contract which states that they have no liability for any losses.
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
How does a bank pay a claim on what they do not know about.
MY SAFETY DEPOSIT box contained a $578,426,824 342 carat diamond necklace, an 1804 dollar, a 1964-D Peace Dollar, the recipes for KFC and Coca-Cola, and the complete backed up files from Hillary's server.
How would that be handled?
The bank wouldn't pay a claim. If you want the contents of a SDB insured then you purchase insurance for the contents.
In honor of the memory of Cpl. Michael E. Thompson
Experience the World through Numismatics...it's more than you can imagine.
This kind of stupidity, where SDBs are separated from the crooks by only a drywall ceiliing never ceases to amaze me.
On of my good friends installs vaults and vault doors. As one would expect, many are in the homes of very wealthy folks. Time and time again he's seen vault rooms with massive, expensive doors, thick, steel reinforced poured concrete walls and nothing but drywall for the cieling. Thus, a crook only has to cut through the floor above the vault and in they go. Unreal.
One always has to consider the weakest part of any security system.
Most banks that I've seen do have their SDBs in huge vaults. WHY would anyone use one that was not??
likely now become overconfident and mistakes will begin - if they have not already. This type of thing always gets pushed too far. Cheers, RickO
How does a bank pay a claim on what they do not know about.
MY SAFETY DEPOSIT box contained a $578,426,824 342 carat diamond necklace, an 1804 dollar, a 1964-D Peace Dollar, the recipes for KFC and Coca-Cola, and the complete backed up files from Hillary's server.
How would that be handled?
My YouTube Channel
When I had a store I spent quite a bit on an alarm...........but then again I wasn't a bank so, my bad.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
This works for me.
Need to put the pillow at the other end for GERD.
``https://ebay.us/m/KxolR5
Roofing material is weak _____.
Spoken like an ex-roofer.
Lance.
Lance.
+ alarm, etc, etc...
Gotta be careful out there...
Here are a few things you can do instead.
Lance.
My YouTube Channel
It is a good place for documents however.
+ alarm, etc, etc...
Gotta be careful out there...
That's what I'm talking about.
Stop blowing on the fur and get to the hide.
Protect precious metal with heavy metal
Amazing 1911!!