Best Place to Keep My Little Treasures

General discussion board about VAMs, but no buy/sell offers
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neals384
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Joined: Wed Aug 08, 2018 11:00 pm

Best Place to Keep My Little Treasures

Post by neals384 » Wed Sep 23, 2020 12:06 am

All the fires we had recently has me questioning whether my little treasures (Silver $) are safer at home in my home safe, or tucked away in the bank safe deposit box.

In the (hopefully unlikely) event our house burns down, I don't think our home safe is rated to keep silver from melting - advantage bank.

On the other hand, if we are home and have a little warning, I can take them with me - advantage home safe.

The bank safe deposit boxes are inside a massive vault which may well protect the little darlings if the bank burns down - advantage bank.

But the bank is in a flood zone - advantage home safe.

For security reasons, I'm not asking anyone to say what your choice is, but if you were me, where would you keep your VAMs?

(I would have posted this in the O/T Oregon Fires Thread, but it's locked.)

keydates
Posts: 126
Joined: Sat Sep 29, 2018 1:36 pm

Re: Best Place to Keep My Little Treasures

Post by keydates » Wed Sep 23, 2020 1:05 am

I go with bank boxes.
Depends on value of coins.
Big collection there is no way to keep at home.
If someone knows you have collection and sticks a gun in your face you will open safe and hope the leave before they shoot you and family.
Big bank boxes are 60.00 a year.
Well worth it to me.
Larry

VamHelsing
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Joined: Sat Jun 02, 2018 5:14 pm
Location: Oregon

Re: Best Place to Keep My Little Treasures

Post by VamHelsing » Wed Sep 23, 2020 1:15 am

Well, I'd send them to me! You might consider option#3, buried. As long as you are careful
about when you are doing it, if you have neighbors close by. It will protect the stuff as
long as it's a least 3 feet down. Access would be an issue.... hypothetically speaking,
I *might* have done something similar with some 90% junk silver. Even if everything
burns down (Yes, I live in Oregon) I still have markers that will survive. The other choice
IMO is a better safe with a higher fire rating. Don't like stuff in banks and out of my control.

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impairedsquirrel
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Location: Happy Valley, USA

Re: Best Place to Keep My Little Treasures

Post by impairedsquirrel » Wed Sep 23, 2020 1:45 am

I wouldn't worry as much about the coins melting as I would the plastic around them melting and wrecking them.
You could do what the Rabbit does and just carry them all around in your pocket.
Also, note to self, JK lives in Oregon and has a yard and in that yard is buried treasure... let the games begin! John, if you hear any of your neighbors complaining about phantom holes appearing in their yards please report it here, that way I'll know I'm getting warmer! :lol:
I go totally NUTS for WOW! VAMs!! Or is that from WOW! VAMs?

JohnGoldsmith
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Re: Best Place to Keep My Little Treasures

Post by JohnGoldsmith » Wed Sep 23, 2020 2:14 am

Hide it at rodents house, nobody wants his culls.

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HawkeEye
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Location: North Georgia
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Re: Best Place to Keep My Little Treasures

Post by HawkeEye » Wed Sep 23, 2020 8:32 am

I have a fireproof safe good for about 3 hours which is about all you can get I think without breaking the bank. Once you get a sizeable collection there is no bank that has the space to house them.

I think a bigger question is how do you insure them against fire or theft?
Deep in the woods of North Georgia

JASONKFLO
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Location: EMMETT IDAHO

Re: Best Place to Keep My Little Treasures

Post by JASONKFLO » Wed Sep 23, 2020 3:00 pm

Personally I feel having a good dog or two and a gun safe but my bed is good enough haha. Though my collection pales in comparison to most here I’m sure.
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

DHalladay
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Re: Best Place to Keep My Little Treasures

Post by DHalladay » Thu Sep 24, 2020 7:14 pm

Collection size has a lot to say about the right answer. Safe deposit boxes at banks today, at least at newer facilities, tend to be sized for passports, letters and other similar thin paper items. If you have a collection that fills 10 PCGS boxes a safe deposit box big enough to hold them enough may not exist anywhere in town, let alone be currently available. Safes come in all sizes and with various fire ratings, but good big ones can be very expensive and they should be heavy, which is why getting them moved can be expensive. Making a decision on this topic should be neither quick nor easy.
Last edited by DHalladay on Thu Sep 24, 2020 10:55 pm, edited 3 times in total.
When in doubt... don't.

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ljs123
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Re: Best Place to Keep My Little Treasures

Post by ljs123 » Thu Sep 24, 2020 7:19 pm

There's always the John Wick method. 8-)

crabscrape
Posts: 415
Joined: Wed May 30, 2018 10:38 pm
Location: Virginia

Re: Best Place to Keep My Little Treasures

Post by crabscrape » Thu Sep 24, 2020 10:31 pm

I don't see why not to get a Big Safe if you carry a lot of coins, Guns and personal information. I have 3, a wall, floor an a stand up! It works for me!!!

keydates
Posts: 126
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Re: Best Place to Keep My Little Treasures

Post by keydates » Thu Sep 24, 2020 11:10 pm

My boxes are 10x10x20 inches.
Have 2 of them.
They will hold 18 0r 19 pcgs boxes with20 coins in each.
65.00year for each.
To me cheap since insurance is to high to even think about.
Years ago I checked cost of insurance and as I remember it was18.00 per 1000.00 of coins.
You had to keep track of coins every month.
Works for me. Thanks

neals384
Posts: 21
Joined: Wed Aug 08, 2018 11:00 pm

Re: Best Place to Keep My Little Treasures

Post by neals384 » Sat Sep 26, 2020 1:58 pm

Thanks everyone for the helpful replies! I moved everything to safe deposit yesterday. Took a little shoehorning, but everything fit into my 10 x 20 box. Marriage license might have gotten a little wrinkled in the process.

JohnGoldsmith
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Re: Best Place to Keep My Little Treasures

Post by JohnGoldsmith » Sat Sep 26, 2020 3:15 pm

neals384 wrote:
Sat Sep 26, 2020 1:58 pm
Thanks everyone for the helpful replies! I moved everything to safe deposit yesterday. Took a little shoehorning, but everything fit into my 10 x 20 box. Marriage license might have gotten a little wrinkled in the process.
"Marriage license might have gotten a little wrinkled in the process."
Minor problem, just don't tell my wife.

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Prider358
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Re: Best Place to Keep My Little Treasures

Post by Prider358 » Sat Sep 26, 2020 5:43 pm

I like Lee's idea, 'JOHN WICK'S' way. :lol:

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