STORAGE FOR SMALL AMOUNT

Discussion in 'Silver' started by fiddy mil, Jun 2, 2011.

  1. fiddy mil

    fiddy mil New Member

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    Who's the best company to store a 1/4 shoebox size of silver coins?

    Tried BRINKS but they say they dont do storage.

    I dont want to have bullion at my place or at the banks/mint either.
    :/
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    That amount? Well hidden at home and keep quiet.

    Otherwise a facility like Guardian Vaults in Melbourne or The Reserve Vault in Brisbane might have small boxes in the ~$200 range per annum... but if you think of it that way, it's 5-6oz of silver a year to pay for storage.

    Some dealers offer allocated storage if you're a customer of theirs, and some do allow you to bring your own metal in for storage if you've previously purchased from them.
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Too expensive mate. If you're worried about hiding it, sell it here and buy some gold, much easier to hide. For prices at the reserve vault in brisbane see:

    http://forums.silverstackers.com/topic-7815-storage-of-pm-s-in-brisbane.html
     
  4. boneyard

    boneyard Well-Known Member Silver Stacker

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    Got a shovel & garden?
     
  5. Twistie

    Twistie Member

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    I can vouch for the gold being easier to hide. And also easier to forget where you hid it. Like what happened to me a couple of weeks ago.

    After ransacking my flat I ended up finding it again. Luckily :lol: Thought what a waste of $1500 but rechecked my search and it ended up being in one of the first places I looked. :rolleyes:
     
  6. SilverBaron

    SilverBaron Member Silver Stacker

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    just stuff it in a old shoe
     
  7. Ag-ness

    Ag-ness Member

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    I have mine in a container amongst a lot of similar containers with various things in them. (nails, screws, washers, etc) Hoping not to get any mad D.I.Y. burglars. ;)
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    This is my solution,a hollowed out book
    [​IMG]
     
  9. Sargeant Argent

    Sargeant Argent New Member

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    Oldest trick in the book.... Sorry couldn't resist.
     
  10. livejazz

    livejazz New Member

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    Hi, just bought my first bar, I was intending on taking out a small deposit box at CBA (the big branch) which has 10,000+ boxes and never has had a theft in 80 years since it was opened.

    do others use safety boxes?

    overall I was going to put around 10 silver 1kg bars there and 5x1oz gold coins. .
     
  11. Ben10

    Ben10 New Member

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    If you're storing at home, grab some replica bars off ebay (~$3 ?) and leave them with some cash in an obvious hiding spot (e.g. under your bed).

    Then again, maybe I am just paranoid.
     
  12. Ag

    Ag Well-Known Member Silver Stacker

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    Welcome aboard!

    Personally I avoid Bank Safety Deposit boxes and prefer Private Vaults...yep unlikely to be stolen from a Bank Robber but likely from the Banksters themselves...

    Where are you? In the BrisVegas there is The Reserve Vault - theres another thread somewhere which lists many similar storage places around the country...
     
  13. Aengrod

    Aengrod Member

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    I'm trying to find big enough book for my 5000oz bars ... hmmm still looking for it :p
     
  14. Ben10

    Ben10 New Member

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    Something like this:

    [​IMG]

    :p
     
  15. Ag

    Ag Well-Known Member Silver Stacker

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    Yep - no thief is going to be interested in looking in a 6 foot tall book...almost blends in perfectly to the room...:)
     
  16. livejazz

    livejazz New Member

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    Sydney. i checked for a vault here and can't find any. if anyone knows of anything.

    In terms of the banksters taking stuff from boxes, has it ever happened? i mean things would be pretty bad.
     
  17. Ag

    Ag Well-Known Member Silver Stacker

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    Not that I know of...perhaps too much tin foil dissolving into my head

    Another reason where private is better than a Bank is accessibility...During 9/11 all banks closed so you couldn't get access to a safe deposit box...all private storage places I know of allow 24/7/365 access - expect to pay extra to get someone there xmas morning but its possible...

    Mike Maloney's book had a section about storage which made a lot of sense to me - just followed it and ended up private...

    Just my 2 three pence...
     
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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  19. boston

    boston Well-Known Member Silver Stacker

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    Maybe it's me. However, the inclination of storing AG/AU in a common self storage facility just does not appeal.
     
  20. adrenalin

    adrenalin New Member

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    Location:
    Melbourne
    Kennards Self Storage

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