Bank lobbies closed around the country.
taxbuster1040
Posts: 351 ✭✭✭
I have always kept my silver and gold in my bank vault. Not at home. With many banks only offering drive thrus due to coronavirus., I find it a bit disconcerting that I don't have access to my gold and silver. Are any of you rethinking this strategy. I am of the belief that having a safe at home is an invitation to a burglary.
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I remember reading somewhere, maybe even in this forum, that with some banks you could call and make an appointment to access your SDB. Give the bank a call.
Great transactions with oih82w8, JasonGaming, Moose1913.
The banks in my area all have lobbies open by appointment and greatly reduced branch staffing. The safe question is are you @Ricko, with an "arsenal of democracy", ready to defend your stuff. I live in hunting country and most people here are more than willing to shoot idiots, or at least the idiots believe they are.
I sure hope I can get something notarized through the drive in window.
That was me. I called the bank and they said they would let me in to get to my SDB. Call your bank. I may still remove the contents of mine.
As the saying goes if you don't hold it you don't own it.
Home safe is not a good idea either, instant magnet to a thief imo.
Get creative, many places to stash things where nobody would think to look. Also the reason I prefer gold over silver. Much easier to stash $100K in gold then it is $100K in silver. 60 AGEs vs 10+ monster boxes of ASE.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@shorecoll....I am always prepared and always ready.....I teach tactical and defensive skills, and one important aspect is 'mindset'.... without it, things may not go well...Cheers, RickO
Words possibly uttered by the previous owner of the Saddle Ridge Hoard.
Good point, dementia is possible as is bank failure and home invasion. Mom is in a nursing home and if she hid any gold I hope it is in a SDB.
One more thing to keep in mind. With the reductions in bank staff and the near elimination of retail traffic, banks and SDBs are more vulnerable to robberies. If you don’t have SDB insurance, consider getting it.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
@Ricko, you and I have a lot in common in attitude and training. It is on my bucket list to get up there and train with you, once this mess is over.
Open by appointment here in Seattle.
Just tape a nice note to the top of the box before sliding it back into position:
"Open this and get infected with coronavirus. Feel lucky, punk?"
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Oh well
It occurred to me that, with everybody staying at home now, times are tough for burglars, too.
I wonder if they can file for unemployment as well.
Here's a warning parable for coin collectors...
The biggest problem with this strategy is the vulnerability of our coins when nobody is home.
If you hide stuff at home, get good at drywall patching 😉
@skier07....
"The biggest problem with this strategy is the vulnerability of our coins when nobody is home."
That is where multiple layers of security come into play....And with years of security experience, I have such layers.
Cheers, RickO
That is what i was told as well. Call and ask
If you have either a small safe in the basement screwed into the floor or 1000 pound safe on the floor, no casual thief is going to steal anything.
All comments reflect the opinion of the author, even when irrefutably accurate.
My collection is in a SDB, but what concerns me is if a non-casual thief were to pay me a visit. And no, it’s not like I have a world class collection and perhaps I’m overly paranoid.
No thief wants what I have.
I do not have gold nor silver.
What I do have is close to impossible to fence.
Only specialists that I know would be interested in such material.
All inventory is unique with high end photos of both sides of every coin stored in the cloud.
You can, I have done it here.
No problem with my bank - After we closed on selling a piece of property this past week, I called my banker and said I really didn't want to shove the settlement check through the drive-thru slot. He said to meet him at the entrance to the bank where he took the check and went in and deposited it for me.
Member ANA, SPMC, SCNA, FUN, CONECA
Paranoia. Having a safe at home, if nobody but you knows about it, does not invite burglars. If you start blabbing on social media or to friends, etc, then please rethink. There are many other ways to "hide" precious metals at home besides in a safe (maybe the safe is a decoy?). Look around your home and think like a burglar and then do the opposite. There are many places in and about my home that would likely never be searched by burglars.
bob
i'll still go into my open bank lobby and do biz yeah careful is what they are but they still have a open lobby as long as i get things done i need done in a timely manner i'm cool, and if they push for drive though they will have to make it to where i can get in and out easy as i have very bad eye sight and depth perception so going to narrow areas isn't a good idea for me to try
anyways i expect the unexpected as it will happen anyways
graded coins for sale
https://photos.app.goo.gl/SgQaHavtxqMq1uEM9
Could this be a big move to going cashless for all of us?
Not for me....too old to change.
bob