Bank safe deposit drawers

[odinthedog]

Anybody put theirs here?

 

Amazon Forum Fav 👍

A Handbook of Civil War Bullets and Cartridges - Grab it through Amazon!

[tw656]

I think it is a good idea. I need to find out if home insurance covers it. I am pretty sure the bank does not.

 

[odinthedog]

My bank is free for the small ones. But when you want to have a bunch, like I do, it isn't that all too expensive. Just had to put off granmama's operation(s) a while.

 

[LJ]

You know....that is a good idea. I have never thought of that. What is the biggest one they have you think? What is the best thing to do if a person gets multiple thousand of coins?

 

[odinthedog]

They got some pretty darn big drawers.

 

[ringding]

I wouldn't consider doing it. Instead get a big dog and a bunch of guns.

 

[bazinga]

I wouldn't consider doing it. Instead get a big dog and a bunch of guns.

Safety deposit box / drawer is a lot cheaper than that option

I keep my silver, gold, and platinum in a safety deposit box.

 

[odinthedog]

Safety deposit box / drawer is a lot cheaper than that option

Darn tootin'. Especially if your sight is off, you'd probably get sooed.

 

[scotto]

I have the largest one in the vault, it's bigger than a shoebox. It costs $60.00 a year, not too bad.
I keep all of my coins in it.

 

[Coinkid]

If you are putting any coins of value in a safety deposit box, make sure to throw in some silica gel dessicant....They keep the humidity high in the bank vaults for the paper articles in them, which isn't good for coins.

 

[gtlfindings]

I've heard in times of emergency or disaster the govt can put a freeze on all safe deposit boxes and seize the contents.

 

[TxTim]

Bury them in a jar in the backyard.
If you forget about them, a future MD'r will have one hell of a find!

 

[bobr]

I don't know about other places, but here in Iowa if a person dies, even if they have a spouse, the lockbox is sealed until the will is probated. Or at least that's whats supposed to happen.

 

[the.silver.standard]

For goodness sake, please PLEASE do not put your silver in a bank box.

I do not want to sound like a conspiracy theorist or a WTSHTF believer, but...

If you are keeping your coins that you find and not selling them off for their silver value, you have faith in your silver and that it will increase in value. THIS IS TRUE. It is true in part because silver and gold is a tangible and finite wealth that will increase the most when the value of the intangible and endlessly printed Dollar (or euro or whatever your local T.P. may be) is revealed as next to nothing.

Your benefit in holding silver and gold is not minute gains from monthly market fluctuations, but in having physical wealth that your foresight and effort have earned you. In short, your silver will grow the most when the bank you have it stored in fails Do not put your silver in an institution that represents the opposite values that your Precious metals reflect.

Values that they reflect, I might add, off of their exceedingly lustrous, shiny, brilliant, and mirror like surfaces.