It does provide some interesting moments at the security line if transporting in carry on...I have not done this (although I have carried slabbed coins in my carry on - just not at dealer quantities)... however, I have witnessed it - both the actual removal of hundreds of slabs for examination and also heard the request for private screening for coins in carry on. The open display of what looked like about 200 slabs really surprised me......(SeaTac Airport).... Cheers, RickO
I'm no dealer of course but the idea of an inventory as carry on would freak me out. From the 'security scans' to what happens when the airline decides to haul you out of your seat? Do they stop to collect your personal property and offload your luggage when you are volunteered to deplane? And just how easy is it to throw that up in the overhead bin? Now, a few slabs sure, but a bagful of bullion? That could be a workout.
I've used Brinks or Loomis for over 45 years
to take my coins to coin shows.
Most dealers don't use Brinks/Loomis because
of the cost, but I look at it this way:
I'm a small operation. To take a second person
with me to a coin show involves monetary expenditures
for: round trip Plane ticket, hotel room for 3-5 days,
three meals a day x 3-5, & beer tabs.
For much less, Brinks is my silent employee, but
incredibly efficient and SAFE. And, I can give them
a lot more than one extra employee can carry on a plane.
They pick up IN my office, drop off AT my table,
pick up AT my table, drop off AT my office - all
without worrying about being robbed IN my
building, ON the road to the Airport, AT the
baggage claim, ON the road to the hotel/convention center,
walking to the convention center from the hotel the next
morning (and worrying about cases in the hotel if kept
with me overnight & not dropping them off at the
Security Room, and then reverse the process all the way
to Saturday night or Sunday - all exposed to potential
criminal activity.
I get ALL of this from Brinks/Loomis, without any complaints
or complications, and especially without any Beer Tabs!
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.
I think the way you look at it is not only correct, but entirely smart and cognizant of the bigger picture.
Out of curiosity, and understanding you may not want to be exact, would you be willing to ballpark what types of costs/fees are associated with using brinks the way you do?
@FredWeinberg said:
I've used Brinks or Loomis for over 45 years
to take my coins to coin shows.
Most dealers don't use Brinks/Loomis because
of the cost, but I look at it this way:
I'm a small operation. To take a second person
with me to a coin show involves monetary expenditures
for: round trip Plane ticket, hotel room for 3-5 days,
three meals a day x 3-5, & beer tabs.
For much less, Brinks is my silent employee, but
incredibly efficient and SAFE. And, I can give them
a lot more than one extra employee can carry on a plane.
They pick up IN my office, drop off AT my table,
pick up AT my table, drop off AT my office - all
without worrying about being robbed IN my
building, ON the road to the Airport, AT the
baggage claim, ON the road to the hotel/convention center,
walking to the convention center from the hotel the next
morning (and worrying about cases in the hotel if kept
with me overnight & not dropping them off at the
Security Room, and then reverse the process all the way
to Saturday night or Sunday - all exposed to potential
criminal activity.
I get ALL of this from Brinks/Loomis, without any complaints
or complications, and especially without any Beer Tabs!
I know some who transport their inventory themselves, and some who use Brinks. When I was actively dealing and setting up at large shows a number of years ago I carried my own stock. Were I to get back in the game today I'd use Brinks.
I carried my entire collection on in a large backpack when I recently moved. Was all worried about it and expected to get pulled aside for additional screening , .......went right thru no problem , sat that pack between my legs and had a pleasant flight
Armored suburban with a ma deuce mounted on a turret is how I prefer to transport my collection but that hasn't happened yet so I just say that would be my preferred method.
Comments
If I were a dealer, I would not want to discuss in public how I transport inventory.
The most likely time for a theft is while inventory is in transit.
My dealer friend used the Brinks Truck this week for the transit to Central States
+1
Carry on for some.
Brinks for others.
Some have fellow dealers bring their coins for them.
+1 +1
An authorized PCGS dealer, and a contributor to the Red Book.
It does provide some interesting moments at the security line if transporting in carry on...I have not done this (although I have carried slabbed coins in my carry on - just not at dealer quantities)... however, I have witnessed it - both the actual removal of hundreds of slabs for examination and also heard the request for private screening for coins in carry on. The open display of what looked like about 200 slabs really surprised me......(SeaTac Airport).... Cheers, RickO
I'm no dealer of course but the idea of an inventory as carry on would freak me out. From the 'security scans' to what happens when the airline decides to haul you out of your seat? Do they stop to collect your personal property and offload your luggage when you are volunteered to deplane? And just how easy is it to throw that up in the overhead bin? Now, a few slabs sure, but a bagful of bullion? That could be a workout.
I've used Brinks or Loomis for over 45 years
to take my coins to coin shows.
Most dealers don't use Brinks/Loomis because
of the cost, but I look at it this way:
I'm a small operation. To take a second person
with me to a coin show involves monetary expenditures
for: round trip Plane ticket, hotel room for 3-5 days,
three meals a day x 3-5, & beer tabs.
For much less, Brinks is my silent employee, but
incredibly efficient and SAFE. And, I can give them
a lot more than one extra employee can carry on a plane.
They pick up IN my office, drop off AT my table,
pick up AT my table, drop off AT my office - all
without worrying about being robbed IN my
building, ON the road to the Airport, AT the
baggage claim, ON the road to the hotel/convention center,
walking to the convention center from the hotel the next
morning (and worrying about cases in the hotel if kept
with me overnight & not dropping them off at the
Security Room, and then reverse the process all the way
to Saturday night or Sunday - all exposed to potential
criminal activity.
I get ALL of this from Brinks/Loomis, without any complaints
or complications, and especially without any Beer Tabs!
Fred,
I think the way you look at it is not only correct, but entirely smart and cognizant of the bigger picture.
Out of curiosity, and understanding you may not want to be exact, would you be willing to ballpark what types of costs/fees are associated with using brinks the way you do?
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 know some who transport their inventory themselves, and some who use Brinks. When I was actively dealing and setting up at large shows a number of years ago I carried my own stock. Were I to get back in the game today I'd use Brinks.
I carried my entire collection on in a large backpack when I recently moved. Was all worried about it and expected to get pulled aside for additional screening , .......went right thru no problem , sat that pack between my legs and had a pleasant flight
Can somebody give me an idea as to the cost of using Brinks.
Even dealers at small shows have significant investment and risk.
Armored suburban with a ma deuce mounted on a turret is how I prefer to transport my collection but that hasn't happened yet so I just say that would be my preferred method.
Successful trades.... MichaelDixon,