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Cost of safe deposit boxes

davids5104davids5104 Posts: 805 ✭✭✭✭

I just got a safe deposit box. I have some coins that I am never going to part with (at least for now) and a few documents to place in it. I wanted to know what people pay for theirs. I was told 129 or 139 dollars a year for the 5X10 that I selected, but with direct withdrawal 20% off and for a certain type of checking account 50% off. It ended up being 38 dollars a year when all said and done. This is very inexpensive. thanks all

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    JBKJBK Posts: 15,078 ✭✭✭✭✭

    38 does not sound bad at all.

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    coinpalicecoinpalice Posts: 2,435 ✭✭✭✭✭

    that's about what I pay for a 5X10

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    SmudgeSmudge Posts: 9,350 ✭✭✭✭✭

    $50 a year for the biggest one they have. Loaded I can barely manage it. Pretty good deal I think.

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    ms70ms70 Posts: 13,951 ✭✭✭✭✭

    If you don't mind having to open the accounts you got it pretty cheap.

    Great transactions with oih82w8, JasonGaming, Moose1913.

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    coinpalicecoinpalice Posts: 2,435 ✭✭✭✭✭

    after thinking about it, mine might be bigger then 5X10, I know it's 2nd biggest and the girls at bank can't lift it out, i have to

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    amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited May 11, 2018 5:28PM

    I think mine are 10X10X30 and cost me $125 per year.

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    element159element159 Posts: 501 ✭✭✭

    I pay $125/year for a 5x10. Sounds like you got a good deal!

    image
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    tommy44tommy44 Posts: 2,223 ✭✭✭✭✭

    $38 per year for a 5X10 is a bargain in my neck of the woods. I pay $50 for mine, 50% discount off $100 normal price because I have a high yield savings account with them.

    it's crackers to slip a rozzer the dropsy in snide

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    derrybderryb Posts: 36,378 ✭✭✭✭✭
    edited May 11, 2018 7:24PM

    biggest one at my CU, holds 10 PCGS blue boxes - $70 a year.

    Rampant currency debasement will be the most important investment trend of this decade, and it will devastate most people.
    - Nick Giambruno
    Buy dollar insurance now, because the policy will cost more as the dollar becomes worth less.

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    blitzdudeblitzdude Posts: 5,612 ✭✭✭✭✭

    $38 is a good price, we pay almost double that, $62.50 I believe.

    The whole worlds off its rocker, buy Gold™.

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    itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭

    Mine is very large. Largest they have. Holds 12 or 18 (I should know this!) PCGS blue boxes and a little more on top. Roughly $255/year.

    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    davids5104davids5104 Posts: 805 ✭✭✭✭

    Thanks to all. this is solid info. Now I have to figure out what to load it up with

    [Ebay Store - Come Visit]

    Roosevelt Registry

    transactions with cucamongacoin, FHC, mtinis, bigjpst, Rob41281, toyz4geo, erwindoc, add your name here!!!

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @coinpalice said:
    after thinking about it, mine might be bigger then 5X10, I know it's 2nd biggest and the girls at bank can't lift it out, i have to

    I...had... a bank that REQUIRED an employee to remove the damn box.
    Who promptly dropped it and a roll of gold coins broke and rolled all over the vault.

    I said change your protocol or I change banks.

    I changed banks. :#

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Sounds like a good deal !!! :)

    Timbuk3
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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Mine is $60, second biggest size, not sure of dimensions.

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    1940coupe1940coupe Posts: 661 ✭✭✭✭

    mine is free its a 1960 Pepsi machine guarded by me

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    drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    Bank lets me have mine N/C, just gotta maintain the required balance.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I maintain my own security.... several layers. No yearly cost after initial investment. :);) Cheers, RickO

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    johnny9434johnny9434 Posts: 27,752 ✭✭✭✭✭

    thats a good price and well worth it to protect the valuables.

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    YQQYQQ Posts: 3,290 ✭✭✭✭✭

    Now, how secure is the bank box? AND what is the banks liability in case of any loss?
    I do have one. Its basically free because the fee they charge is a tax write off.

    Today is the first day of the rest of my life
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    davids5104davids5104 Posts: 805 ✭✭✭✭
    edited May 12, 2018 8:04AM

    its in a vault at a bank, which is more secure than my sock drawer. I do not know anything regarding liability. That component does not bother me as my coins are insured and in the policy you specify the location of storage

    [Ebay Store - Come Visit]

    Roosevelt Registry

    transactions with cucamongacoin, FHC, mtinis, bigjpst, Rob41281, toyz4geo, erwindoc, add your name here!!!

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    OverdateOverdate Posts: 6,964 ✭✭✭✭✭

    @davids5104 said:
    Thanks to all. this is solid info. Now I have to figure out what to load it up with

    A few hundred rolls of unsearched wheat cents should take care of that problem.

    My Adolph A. Weinman signature :)

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Wire mesh should be enough.

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    BillJonesBillJones Posts: 33,649 ✭✭✭✭✭

    I pay $85 a year for boxes that are deep and long enough to hold a few NGC or PCGS boxes plus a number of lose slabs.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    BarberFanaticBarberFanatic Posts: 671 ✭✭✭✭

    I have 2 - 5x10x24 boxes and my total cost for a year is $118.

    My current coin collecting interests are: (1) British coins 1838-1970 in XF-AU-UNC, (2) silver type coins in XF-AU with that classic medium gray coloration and exceptional eye appeal.
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    sjcoinssjcoins Posts: 69 ✭✭✭

    I married my banker. I get a free one.

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    derrybderryb Posts: 36,378 ✭✭✭✭✭

    @sjcoins said:
    I married my banker. I get a free one.

    I'm seeking a single, female PCGS coin grader.

    Rampant currency debasement will be the most important investment trend of this decade, and it will devastate most people.
    - Nick Giambruno
    Buy dollar insurance now, because the policy will cost more as the dollar becomes worth less.

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    mommam17mommam17 Posts: 971 ✭✭✭

    Free, because of checking and savings account at bank, fits 2 PCGS boxs perfectly.....

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    uscoinguyuscoinguy Posts: 150 ✭✭✭

    $85 for a 5 x 10- it holds 2 NGC boxes and a PCGS box.

    Always trying to learn more
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    ldhairldhair Posts: 7,178 ✭✭✭✭✭

    I'm at $60 for a 2x10 and $121 for a 5x10. In my area there is a waiting list. They don't need to give out good deals.

    Larry

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    AzurescensAzurescens Posts: 2,699 ✭✭✭✭✭

    Ours is free for two more years on our checking account so long as we remain above 500 in checking.

    Then it's gonna be 75 a year minus 20 a year auto withdrawal.

    I'm waiting for another promo to setup a different bank account for other reasons. I hadn't thought about it when we setup the account but it's not something to say no to.

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    ShadyDaveShadyDave Posts: 2,193 ✭✭✭✭✭

    @derryb said:

    @sjcoins said:
    I married my banker. I get a free one.

    I'm seeking a single, female PCGS coin grader.

    Not requesting a particular grade? Be careful or you may end up with a "details" grade one ;)

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