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Old 05-21-2015, 03:10 PM   #1 (permalink)
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Default Storage: Home safe vs SDB

Which would you prefer, keeping your stack in a home safe or a safety deposit box? And why.
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Old 05-21-2015, 03:38 PM   #2 (permalink)
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You are not allowed to keep bullion in SDB's. Only collector coins. But I wouldn't keep anything I wanted access to, in a SDB. Safe at home or spread out in multiple locations and some of it buried is your best bet.
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Old 05-21-2015, 05:20 PM   #3 (permalink)
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You are not allowed to keep bullion in SDB's. Only collector coins.
Incorrect statement here, not sure why you would be under that impression.

While you CAN keep it in a safety deposit box I sure wouldn't.
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Old 05-21-2015, 05:26 PM   #4 (permalink)
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I like to see the differences in opinions. Today and yesterday, on a Coin Forum, I was called an idiot for being in favor of keeping your stack close at hand and being totally against sbd's. Then here, both you replied in line with my thinking.

I would never keep my stack in a sbd.
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Old 05-21-2015, 08:43 PM   #5 (permalink)
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See, I'd never keep mine at home in a safe. Not nearly as safe, excuse the pun, as some might think or assume. A lot easier for intruders to get to and walk away with than if it was in the bank's SDB
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Old 05-21-2015, 08:48 PM   #6 (permalink)
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See, I'd never keep mine at home in a safe. Not nearly as safe, excuse the pun, as some might think or assume. A lot easier for intruders to get to and walk away with than if it was in the bank's SDB
Definitely safer in a sdb, when looking at it like that. But what if there's a sudden financial crisis and you have no access to your stack?
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Old 05-27-2015, 05:35 PM   #7 (permalink)
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Definitely safer in a sdb, when looking at it like that. But what if there's a sudden financial crisis and you have no access to your stack?

I'd guess that would be much less likely than say burglars/home invasion/really anyone even friend or family that notices the safe or knows that you are a collector
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Old 05-27-2015, 07:04 PM   #8 (permalink)
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Definitely safer in a sdb, when looking at it like that. But what if there's a sudden financial crisis and you have no access to your stack?
There is nothing fool-proof, but I'd take my chances with a private bank than in my house in the event of a financial meltdown.
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Old 05-27-2015, 09:27 PM   #9 (permalink)
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See, I'd never keep mine at home in a safe. Not nearly as safe, excuse the pun, as some might think or assume. A lot easier for intruders to get to and walk away with than if it was in the bank's SDB
Most hoodrat thieves wouldnt even know what bullion was if they looked right at it. My safe is bolted down and not a cheap $200 walmart safe. After my alarm goes off, intruders have a few min to run around like their hair is on fire before the cops show up. Doubt they brought a blow torch to open my safe.
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Old 05-28-2015, 02:01 AM   #10 (permalink)
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Most hoodrat thieves wouldnt even know what bullion was if they looked right at it. My safe is bolted down and not a cheap $200 walmart safe. After my alarm goes off, intruders have a few min to run around like their hair is on fire before the cops show up. Doubt they brought a blow torch to open my safe.

yet your safe would still be a lot more accessible than someone having their safety deposit box
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Old 05-28-2015, 08:02 PM   #11 (permalink)
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Keeping your eggs in one basket is never a prudent decision.
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Old 06-23-2015, 03:29 PM   #12 (permalink)
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Case in point: One of the members here who was held at gunpoint during a home invasion and had his expensive collection stolen from his safe at home

***Alert Stolen Sport's Card Collection Need Help***
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Old 06-23-2015, 06:13 PM   #13 (permalink)
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Anything of value I choose to keep at home I make sure to also inventory and document with photographs if possible in the event of theft. That way I know exactly what was taken and it's value according to what I paid for it in the event of a theft. (Assuming they also didn't steal the disk I keep that information on...)
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Old 06-26-2015, 11:58 AM   #14 (permalink)
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In a home safe because I like easy access to it
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Old 06-29-2015, 02:58 PM   #15 (permalink)
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Home. If anything is taken I have no one to blame but myself. My home is....well armed.
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