Topic: Where to store Casascuis and other physical coins? - page 2. (Read 731 times)
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.
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.
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 fireproof safes are not cheap. Stick with the safety deposit box. The bank has security beyond what you could reasonably afford at home.
Ironically, my physical collection is now worth almost as much as my house
Good fireproof safes are not cheap. Stick with the safety deposit box. The bank has security beyond what you could reasonably afford at home.
Where do you guys store yours? I just moved mine to a safe deposit box, but I learned that they're not FDIC insured. Also, when I signed up, the bank made me sign a contract basically saying they have no liability for anything. I'm not so much concerned about a bank robber, since they probably won't have the time to rip open boxes, especially when there may only be wills, deeds, and shit, but I am worried about a rouge bank employee.
I guess it comes down to whether they are safer at your house, or in a bank.
I guess it comes down to whether they are safer at your house, or in a bank.
I don't think you need to worry about a rogue bank employee. Their security is pretty tight. Even if your house is extremely secure, it's a good practice to not give people a large financial incentive to try and break into your home.
Where do you guys store yours? I just moved mine to a safe deposit box, but I learned that they're not FDIC insured. Also, when I signed up, the bank made me sign a contract basically saying they have no liability for anything. I'm not so much concerned about a bank robber, since they probably won't have the time to rip open boxes, especially when there may only be wills, deeds, and shit, but I am worried about a rouge bank employee.
I guess it comes down to whether they are safer at your house, or in a bank.
I guess it comes down to whether they are safer at your house, or in a bank.
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