I make a run to my sdb usually after a coin show. So, once every 4-6 months. I find that part as fun as the coin show itself. Mini Christmas. Looking at the album sets I've built. Popping in the occasional upgrade. Filling a missing hole. Rediscovering a cool historical coin that I bought in 2006. If I had all of my "old" coins at home, I don't think I'd appreciate them as much. I'm not in the major leagues with my collection, but time, with steady purchases made getting a sdb make more and more sense.
Your Kalamazoo carmine celluloid tt is a nice piece but it is a regular issue and not a pattern. It's cataloged as Atwood-Coffee MI 530 O and is a census token (i.e. less than ten known per the last census) but is not unique, most likely 4-10 pieces known. It has a companion green celluloid piece -- celluloids were often ordered in two colors, one for adult fares and one for 1/2 or children's fares. (P.S. A recent auction of MI 530 O blundered both the catalog # and the color of the token offered but still brought a price well over catalog value.)>
Most modern Proof sets. Many of them sell for less than issue, or barely over their face value. They are not worth enough to rate safe deposit box space. If a crook stold them, he might as well spend them because he won't get much more from a dealer. He'd have crack a lot of holders to get to $20 face value.
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 ... ?
@BillJones said:
Most modern Proof sets. Many of them sell for less than issue, or barely over their face value. They are not worth enough to rate safe deposit box space. If a crook stold them, he might as well spend them because he won't get much more from a dealer. He'd have crack a lot of holders to get to $20 face value.
@PhilLynott said:
I love both ends of the spectrum - high grade coins slabbed for preservation that are higher value that sit in the safety deposit box and then well loved coins that I can have lying around or in my pocket without fear of them losing value or them getting stolen god forbid. I have a safe at home that I used to store stuff in and I just felt more and more uneasy over time I remember the weight off my back the first trip to the safety deposit box. Now I leave the safe open and empty so would be burglars can see "he doesn't have anything valuable enough to keep in here on to the next house".
Here's what's currently sitting next to me on the couch. Love buying stuff like this in between bigger purchases.
Those beautiful coins would be squirreled away in my SDB!
Storing them at a bank doesn’t keep you safe. There are stories of thieves breaking into homes - holding one person hostage and making the other go to the bank to make withdrawals. Here locally in one case they tied up the couple after and set the house on fire.
Better to let nobody local know you collect coins. People talk and talk.
@oldUScoins said:
Storing them at a bank doesn’t keep you safe. There are stories of thieves breaking into homes - holding one person hostage and making the other go to the bank to make withdrawals. Here locally in one case they tied up the couple after and set the house on fire.
Better to let nobody local know you collect coins. People talk and talk.
Or having multiple safety deposit boxes leaving your keys dangling form one box while you go look at your stuff in a private room. They can easily open your other box or boxes. Always just leave the key in use with them and take the others with you.
And yes people do talk and talk and talk. Keep you information private. In my case it does not matter my stuff is not valuable and will never be able to buy such items. But for those that can best bet is play it safe.
Comments
OP - I like your approach, but for me, I want to stay focused and consolidate all my available resources into my primary objective.
"Got a flaming heart, can't get my fill"
I make a run to my sdb usually after a coin show. So, once every 4-6 months. I find that part as fun as the coin show itself. Mini Christmas. Looking at the album sets I've built. Popping in the occasional upgrade. Filling a missing hole. Rediscovering a cool historical coin that I bought in 2006. If I had all of my "old" coins at home, I don't think I'd appreciate them as much. I'm not in the major leagues with my collection, but time, with steady purchases made getting a sdb make more and more sense.
I pick them off because they look ugly but that is a good other reason
My Saint Set
All of my coins reside with me.
I'm willing to take the chance because nobody would be interested in 2 Cent Pieces other than myself.
The cheap tin of cheap but interesting coins I keep on my desk
I like 2 Cent Pieces!!!
Rocking my "shiny-object-syndrome"!!!
Your Kalamazoo carmine celluloid tt is a nice piece but it is a regular issue and not a pattern. It's cataloged as Atwood-Coffee MI 530 O and is a census token (i.e. less than ten known per the last census) but is not unique, most likely 4-10 pieces known. It has a companion green celluloid piece -- celluloids were often ordered in two colors, one for adult fares and one for 1/2 or children's fares. (P.S. A recent auction of MI 530 O blundered both the catalog # and the color of the token offered but still brought a price well over catalog value.)>
@Boosibri said:
Great info @tokenpro thanks. I wasn’t aware of a green piece. Will have my eyes out for it now.
Latin American Collection
Most modern Proof sets. Many of them sell for less than issue, or barely over their face value. They are not worth enough to rate safe deposit box space. If a crook stold them, he might as well spend them because he won't get much more from a dealer. He'd have crack a lot of holders to get to $20 face value.
And the rest .....?
Those beautiful coins would be squirreled away in my SDB!
Storing them at a bank doesn’t keep you safe. There are stories of thieves breaking into homes - holding one person hostage and making the other go to the bank to make withdrawals. Here locally in one case they tied up the couple after and set the house on fire.
Better to let nobody local know you collect coins. People talk and talk.
Or having multiple safety deposit boxes leaving your keys dangling form one box while you go look at your stuff in a private room. They can easily open your other box or boxes. Always just leave the key in use with them and take the others with you.
And yes people do talk and talk and talk. Keep you information private. In my case it does not matter my stuff is not valuable and will never be able to buy such items. But for those that can best bet is play it safe.
Sitting on my desk at the moment...cheap Canadian stuff (<$25) that I like (seller's photos).