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BigSid

Silver Premium Member
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Posts posted by BigSid

  1. On 13/07/2023 at 08:11, AaaGee said:

    Stupid question. What do i need to search online to find a lock box centre? I enquired at a few local places ans the smallest size was the size of a small garden shed lol. Got legal docs that could do with being more secure also.

    The company I use has facilities around the country. 

    South East ish. Southampton and Reading

    Others are GlasgowEdinburghLiverpoolNewcastleNottinghamBristolOldhamBelfast and Dublin

    Smallest box 490L x 160W x 50D box is £200/year. A 75mm deep box is £230/year.

    They have boxes much larger.  Insurance was £5 per £1000 last July.

    Security involves iris scan, fingerprint and card.

  2. 1 hour ago, Petra said:

    Looks great🤔 what you got on show then?🤔

    Mostly Britannias and Sovereigns plus two 1/4 Oz Lunar 3 series (Tiger and Ox) and three 1/10 kangaroos.

    I need to take my Lunar 3 series Rabbit and Dragon. Still looking for the 1/4 Ozt Mouse.

    Out of view is 4 x 1kg Silver bars. I also have 4 x 10 Ozt Silver bars and some Britannias and other silver coins in another location soon to join these.

  3. I have a box with a company that isn't a bank. The box is £125/year. They offer free insurance up to £10000 for the first year. More than £10000 is £5/£1000 (IIRC). They advise taking photos of what you're storing but they don't want to know any details, just how much you want to insure the contents for.

    Security to get access to my box includes an iris scan.

    Advantage of keeping your items at home; cheaper, easily accessible, etc. However, your home insurance company may not want to insure depending on value and how secure your property is and you'd probably have to declare the items so the insurance company employees could possibly have access to value and security details.

    Obvious disadvantage is getting burgled and even decoy safes might not protect against some lowlife who knows you have valuables. They could break in while you're at home and "persuade" you to hand them over.

    I have a safe deposit box as I wouldn't be comfortable with my whole stack in the house although I do have a small amount hidden outside the village.

    Con's are cost and convenience.

    Each to their own I guess.

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