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Topic: Where to store Casascuis and other physical coins? (Read 731 times)

copper member
Activity: 674
Merit: 100
The motto is “be your own bank” and you all are storing it at a bank? The irony
sr. member
Activity: 845
Merit: 267
here we are four years later ... now they are in a waterproof/fireproof safe inside a Large safety deposit box in the Big bank downtown lol
copper member
Activity: 544
Merit: 215
Mars. Have Elon take you. Once you're there, I'll send the coordinates.

I keep mine in a safe at a friends company (they are staffed 24/7). I would not use a safe deposit box because they have been raided over the years (google it). Your best bet is a small fireproof safe that is well hidden at your house or at a family members. I sort of do the same thing for my offline coins...I can not access them without driving to multiple locations.

If someone is worried about their deposit box being raided, it's unwise to store valuable stuff at home  Wink Cool
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Where I'm at safe deposit boxes are an endangered species. I think I'd probably have to travel about 200 miles to find one and they're getting closed down all the time. Banks certainly don't do them any more, and they're closing bank branches faster than people can switch.

As for where I store mine...

legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
I store them here

LAT/LONG
40.712775  -74.005973


GPS Cordinates

40° 42' 45.99'' N

74° 0' 21.5028'' W

Map Mouse Over Location

(40.710457, -74.006513)

https://www.latlong.net/c/?lat=40.712775&long=-74.005973

legendary
Activity: 1554
Merit: 1009
Unfortunately I lost my entire collection in a tragic boating accident  Cry

Bummer, I lost all mine to a bunch of rubes on some forum
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Unfortunately I lost my entire collection in a tragic boating accident  Cry

We must have been on the same boat. Dammit, boats are not safe.

Physical coins are a pain in the butt compared to good old paper wallets simply stored at multiple locations.
sr. member
Activity: 344
Merit: 254
Unfortunately I lost my entire collection in a tragic boating accident  Cry


Is this true?   D:
legendary
Activity: 1534
Merit: 1133
derp
Unfortunately I lost my entire collection in a tragic boating accident  Cry
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
Safe hidden underground Cheesy
sr. member
Activity: 344
Merit: 254
I hear you can insure safe deposit boxes as well, with very reasonable rates due to the security a bank provides.   However im not sure how the valuation of the actual contents would work if your storing loaded crypto which can swing in price rapidly. 
hero member
Activity: 756
Merit: 501
I think it is a smart move to have some sort of a safe to store you valuables, such as coins and bars of silver.  Possibly guns too.
full member
Activity: 220
Merit: 100
I keep mine in a safe at a friends company (they are staffed 24/7). I would not use a safe deposit box because they have been raided over the years (google it). Your best bet is a small fireproof safe that is well hidden at your house or at a family members. I sort of do the same thing for my offline coins...I can not access them without driving to multiple locations.

I have read about boxes being raided and even though it has happened, it's still extremely rare [knocks on wood].
full member
Activity: 220
Merit: 100
One thing I read online about at-home safes is that a potential robber could just force you to open it if you are home.  That's one reason it's better to store them off-site.  I guess my choices would be either a safe deposit box or a really good hiding place at your house.  I think well-hidden is probably better than in a safe if you store them at home. 
full member
Activity: 220
Merit: 100
With safes, fire proof ones are fairly cheap (less than 500 usd).  What you need to look at are the burglary ratings - you want UL TL-15 or higher.  These are where it gets expensive, but worth it if you have a valuable collection.  Table below shows ratings and recommend values for each level of security. 

See here:  https://www.safeandvaultstore.com/pages/burglary-ratings

One thing to consider with bank boxes is to select a higher up box to protect against flood damage if you live in a flood prone area. 

Good point.   Coincidentally, my box is one the highest row  Cool
sr. member
Activity: 845
Merit: 267
I keep a few smaller ones like a .1 cas and then other coins in a fireproof safe at home so I can show physical coins to family when they come over. The higher dollar stuff at the bank now.  The security is very high so i sleep good
legendary
Activity: 2242
Merit: 1057
suggest not using a safe at home, other than making your home a target for thieves almost all safes are no match for a portable gas powered cutter.

https://www.cltoolcentre.com.au/husqvarna-k1260-16-16-concrete-cut-rescue-saw.html

http://www.abc.net.au/news/2014-01-01/wheelie-bin-used-to-steal-bullion-from-a-brisbane-home/5181294

safe deposit box in private company, fingerprint recognition on entry and 2 key lock. must bullion companies will provide this service in your area.
legendary
Activity: 2128
Merit: 1119
I keep mine in a safe at a friends company (they are staffed 24/7). I would not use a safe deposit box because they have been raided over the years (google it). Your best bet is a small fireproof safe that is well hidden at your house or at a family members. I sort of do the same thing for my offline coins...I can not access them without driving to multiple locations.

Like multi-sig but for physical items.  Nice, and congratulations on the copper thing.

Yup.. 2 of 3 keys for them.



Not at that point yet, but I always figured rebar through a safe bottom cemented directly into a sub basement should work, no?

They sell safe anchoring kits. You just drill the concrete and use the self expanding bolts to secure it.
sr. member
Activity: 1526
Merit: 473
Not at that point yet, but I always figured rebar through a safe bottom cemented directly into a sub basement should work, no?
legendary
Activity: 3066
Merit: 1757
I keep mine in a safe at a friends company (they are staffed 24/7). I would not use a safe deposit box because they have been raided over the years (google it). Your best bet is a small fireproof safe that is well hidden at your house or at a family members. I sort of do the same thing for my offline coins...I can not access them without driving to multiple locations.

Like multi-sig but for physical items.  Nice, and congratulations on the copper thing.
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