Please don't rob my house!

That's convenient. Just be aware those locks won't do much for security.

Problem with most lock boxes is that thieves will car the whole thing out even if it weighs 200 pounds. They will throw it down the stairs or out a window. If your collection is valuable enough to worry about it a safe the size of a refrigerator is the way to go. I have one that weighs 350 pounds. They could still steal it but it would be a back breaker.
Thieves dont care how much damage they do to your house.

@Russell12 said:
My collection has been hidden away in the back of my closet, I hate having it there, I can't play with it! So I decided to buy this and keep it in a room of my house. It is locked, so you burglars, don't even try!

Buy really good insurance, and enjoy your coins! Whats the point of having them if you cant enjoy them...

On another forum, someone reported that two thieves had stolen a 500+lb safe, lowered from a second story window in broad daylight in less than 20 minutes. The thieves knew the homeowner by name, which is why neighbors didn't suspect fowl play at the moment. So, it seems like proclaiming your collection and its placement is the first step in getting your collection stolen.

@yspsales said:
Twice had neighbors robbed.

One had loose lips about inherited jewelry of a sibling. Estimated 250k!

Another had a small safe carted out in front of the neighbors in broad daylight. $10k+ of cash

Both think someone who did work at the house, made a mental note and came back later.

This caused me to make a mental note of my own situation after my recent move.

Loose Lips Sink Ships. Why would you even keep a quarter million in jewelry at home?

crime dosent pay

I have a safe. It’s small and weighs about 1200 pounds and lives in a closet that would make it very hard to get a chain around without tearing up walls. I don’t mind keeping coins in there while they’re at home away from the SDB, but yes, they live at the bank.

Maybe once your collection approaches the value of a modest home, a box at the bank isn’t a bad idea. Just saying.

@Connecticoin said:
I keep my coins in an outdoor storage bin surrounded by cracked corn.

Nice "Sopranos" reference

ALL safes can be gotten into within 1 minute.

@Russell12 said:

@jacrispies said:
So, it seems like proclaiming your collection and its placement is the first step in getting your collection stolen.

That's why I feel safe in the rural mountains of northern Alaska

You must have moved recently

Careful, polar bears are avid, sometimes violent coin collectors.

What’s your address ?

A computer hack I know told me to never post pictures on this site that were taken at an address that I wouldn’t want known. He stated that unless Geotagging of the photo is disabled he could detect the location of the picture.

@pruebas said:

@air4mdc said:
A computer hack I know told me to never post pictures on this site that were taken at an address that I wouldn’t want known. He stated that unless Geotagging of the photo is disabled he could detect the location of the picture.

Your friend is correct. If you have Location Services turned on for the camera app, then every time you take a photo it will contain geo data. You can, however, turn this off if you wish. I do. I assume Android phones have a similar feature.

Some sites do remove geo data when a photo is uploaded. Others don’t. But it’s hard to know for sure which do and which don’t. If Facebook, for example, says they do, do you trust that they do?

I too thought insurance might be the key. I’m going to describe what I found out and potential issues related to such policy.
While I’m not naming the company, suffice it to say it’s a major company that I’m sure many use or have used throughout the years.
>
Also, there’s 3 levels to choose from but for this exercise, I’m using the highest level and to be quite honest, there’s not a dramatic price difference in all plans.
>
First, coins may be kept at the bank SDB or dwelling, or a mixture of both. The first glaring issue is moving the actual coins, back and forth from each location. The max coverage in transit is $50,000. I said what would happen if the coin met or exceeded this amount.
If met, then one would have to transfer one coin at a time. If value exceeds $50k, then tough. No rider or anything would cover the deficit.
I only mention this because I see transit as a major risk area, car wrecks, etc. A lot can happen on the road. Apparently they agree, thus limiting coverage to such a low amount.
>
Next is the transit coverage to a TPG, etc, The same $50,000 applies. And again, this can’t be increased with an extra rider, etc.
>
So long story short, you get insurance for either a SDB, dwelling, or both. And all this can be had for a cool $5k plus per year!
Not a cheap endeavor by any means!
Just my .02 cents

I had a safe I got at Costco, probably a couple hundred pounds or more, not bolted to the floor which I hear is recommended. Later I put the coins in a SDB.

What I found out over the years is as follow after your collection reaches a certain value:
-have a security system with tie in to the local police department
-have insurance (home policies Ryders to expensive vs. specialty companies) assume about 1% of collection value. Note, make sure you have an inventory list of your items
-a dog, a good friend of mine who is a police detective said having a dog is one of the best deterrents
-safe (s), bolted to floor and/or walls
-use a SDB (lowest rates from insurance companies for items stored there)
-don't tell anyone you have inventory in your house
-……

The above definitely adds cost on an on-going basis however the piece of mind for me is worth it.

Living in a low crime area helps as with everything mentioned above however in the end if someone wants your stuff they will get it. The only thing you can do is to place as many barriers as possible to make it as difficult as possible for them.

The safe is the finish line for thieves. You need to start protection WAY before the safe. Cameras should notify you the second someone is on your property. These cameras should also have multiple fail safes to operate if power is cut, if phone lines are cut, etc.

It is a situation I pray to god I would never have to face but because of several unsavory persons in my own family i keep a snub nose 357 mag. with hollow points and a long barrel 22 revolver loaded with steel jackets.
I don't believe 3 people within my immeadiate life even know i collect anything but Social Security. james

Set it in concrete and monitor with motion cameras.

>
@TxCollector said
>

That sounds awfully expensive unless you have a very large collection. While I don’t have the feature that includes transportation coverage, my annual premium is roughly 0.3% of the insured value.
>

No joke, I agree, considering I only have around 30 coins.
The majority of those are NOLA and Carson Double Eagles with the remainder rounding out with Eagles and Half Eagles dated 1799-1806, and just a handful of CBHs
Maybe they penalized me on the gold, a**h****! 🤨😂

@TxCollector said:

@HillbillyCollector said:
I too thought insurance might be the key. I’m going to describe what I found out and potential issues related to such policy.
While I’m not naming the company, suffice it to say it’s a major company that I’m sure many use or have used throughout the years.
>
Also, there’s 3 levels to choose from but for this exercise, I’m using the highest level and to be quite honest, there’s not a dramatic price difference in all plans.
>
First, coins may be kept at the bank SDB or dwelling, or a mixture of both. The first glaring issue is moving the actual coins, back and forth from each location. The max coverage in transit is $50,000. I said what would happen if the coin met or exceeded this amount.
If met, then one would have to transfer one coin at a time. If value exceeds $50k, then tough. No rider or anything would cover the deficit.
I only mention this because I see transit as a major risk area, car wrecks, etc. A lot can happen on the road. Apparently they agree, thus limiting coverage to such a low amount.
>
Next is the transit coverage to a TPG, etc, The same $50,000 applies. And again, this can’t be increased with an extra rider, etc.
>
So long story short, you get insurance for either a SDB, dwelling, or both. And all this can be had for a cool $5k plus per year!
Not a cheap endeavor by any means!
Just my .02 cents

That sounds awfully expensive unless you have a very large collection. While I don’t have the feature that includes transportation coverage, my annual premium is roughly 0.3% of the insured value.

My insurance company also had a standard policy exclusion for transport between the house and SDB of $50k. And when I asked, they had no problem raising it for me to a more reasonable number, for something like a $20 premium increase. Ditto with the TPG coverage.

Every insurance company will be slightly different. Some are easier to deal with than others. Shop around and tailor the policy to your needs.