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-   -   Ok, so how are you all storing all that 90%? (http://goldismoney.info/forums/showthread.php?t=77914)

cb&julie 10-30-2006 01:59 PM

Ok, so how are you all storing all that 90%?
 
I'd like some storage tips or perhaps a container that is the right size. I've been putting my coins in those platic tubes from hobby lobby. What holds this stuff well? Are you guys just keeping it in the bags?

I know that this has probably been discussed before but I searched for awhile and didn't score what I wanted. Let's reopen the topic.

MT Silver 10-30-2006 02:04 PM

Re: Ok, so how are you all storing all that 90%?
 
I know some folks (those with big stashes) use those big white buckets with the resealable lids and some use canvas bags.

The folks with much less use the tubes like you mentioned.

I imagine there are many more ways to store the stuff.

MT Silver

silverJeep 10-30-2006 02:06 PM

Re: Ok, so how are you all storing all that 90%?
 
I keep some of mine in ammo cans. but the main stash is in a (no-kidding) pirate looking treasure chest. There's just something so cool about opening a chest and seeing a bunch of coins. ...childhood dreams and all that.

Abouthadit 10-30-2006 03:37 PM

Re: Ok, so how are you all storing all that 90%?
 
Quote:

Originally Posted by silverJeep (Post 401149)
I keep some of mine in ammo cans. but the main stash is in a (no-kidding) pirate looking treasure chest. There's just something so cool about opening a chest and seeing a bunch of coins. ...childhood dreams and all that.

ARRRRRG. :banana: Yeah man, that's cool. Plus, would the bad guys really look there? Probly not.:thumbs up

65gt350 10-30-2006 03:43 PM

Re: Ok, so how are you all storing all that 90%?
 
Until you get to bag or half bag quantity, I would just use paper rolls. You can also get cardboard boxes from the local bank to store the rolls. For security, I always turn the box inside out so that it appears as a brown box instead of a $250 box of dimes.

65GT350

Master_Ho 10-30-2006 03:48 PM

Re: Ok, so how are you all storing all that 90%?
 
Quote:

Originally Posted by 65gt350 (Post 401235)
Until you get to bag or half bag quantity, I would just use paper rolls. You can also get cardboard boxes from the local bank to store the rolls. For security, I always turn the box inside out so that it appears as a brown box instead of a $250 box of dimes.

65GT350

Actually, I store mine in bags but in 1/4 bag quantities - easier for people (especially those not as strong) to lift and carry if we have to get out quickly - they are 14+ pounds.

lhslancers 10-30-2006 04:22 PM

Re: Ok, so how are you all storing all that 90%?
 
By the bucket. Inside the bucket is a canvas bag. Now where you gonna hide all those buckets? If you own your own property a basement safe dug into the floor might work. Apartment dwellers? If you are lucky enough to occupy the second floor of a garden type situation with attic access you should be OK. Just make sure the cable access to the apartment doesn't come in from the attic.

smullen 10-30-2006 06:00 PM

Re: Ok, so how are you all storing all that 90%?
 
Some of mine are in bags in 5 Gallon Buckets, a few are in smaller buckets and the buckets are burried ...

I also took someone elses advice and fertilized the area with a bunch of Shot Pellets that are used for re-loading.... Drives the metal detecter nuts...

The I mapped it out on graph paper (to scale) and hid a copy in two different fire proof (resistant) gun safes...

Some is just laying around in rolls and other places..

DrillAndFill 10-30-2006 06:15 PM

Re: Ok, so how are you all storing all that 90%?
 
Bags, and then the bags in buckets. In 3 locations. Some is in nearly plain sight, and the rest is buried. Not all eggs are in one basket.

Don't bother putting more than 1 bag in a bucket: not even your chiropractor will thank you for that.

Am planning to buy a safe and fill it with non-silver change, bricks, and other heavy, valueless goodies. Total value of contents of the safe should add up to about $23.95.

I tried the PVC-pipe approach, but a 4" pipe (2ft. long) could only hold a quarter of a bag, and I have my doubts about the ability of PVC to keep moisture out.

But I am not telling you all I know...:y:

Tn...Andy 10-30-2006 06:49 PM

Re: Ok, so how are you all storing all that 90%?
 
6" PVC pipe about 12" long, cap glued on one end, threaded adapter on the other end with a screw in plug. Use pipe dope on the threads.

Holds one bag.

Bury at the location of your choice.

65gt350 10-30-2006 06:53 PM

Re: Ok, so how are you all storing all that 90%?
 
Another good place to store your bags is a cat litter bucket. They don't look out of place in your garage and who in their right mind is going to steal it.

65GT350

Tn...Andy 10-30-2006 07:12 PM

Re: Ok, so how are you all storing all that 90%?
 
Especially the buckets of USED cat litter......I can pretty well guarantee nobody will sift thru them !

ahahahahaaaaaaaaaaa

Scorpio 10-30-2006 07:26 PM

Re: Ok, so how are you all storing all that 90%?
 
Hey Tn,

You're supposed to change that stuff? What will they think of next?

:tongue:

grizzlyduck 10-30-2006 09:32 PM

Re: Ok, so how are you all storing all that 90%?
 
i used to store it in my ass, i recently traded my silver for gold and now i am a much happier person.

lhslancers 10-30-2006 09:37 PM

Re: Ok, so how are you all storing all that 90%?
 
1 Attachment(s)
Quote:

Originally Posted by grizzlyduck (Post 401660)
i used to store it in my ass, i recently traded my silver for gold and now i am a much happier person.

Schwiing!!!

cbnjulie 10-30-2006 10:12 PM

Re: Ok, so how are you all storing all that 90%?
 
Thanks for the replies. I am now banned for saying that the deaths of dangerous Iraqis as the result of a war I otherwise don't support happens to be convenient.

DrillAndFill 10-31-2006 12:47 AM

Re: Ok, so how are you all storing all that 90%?
 
Sheesh, lancers, your Queer-Eye jpegs are about as original as my lectern-pounding rants about waiting for that drop to $7.50 Ag. The only difference is that I'm serious.

Maybe it's time to shift to another idiom. How about jokes about rural Arkansans sleeping with their sisters and cousins?

Too Broke 10-31-2006 04:59 AM

Re: Ok, so how are you all storing all that 90%?
 
I just buy 100 ouncers nowdays, as premium too high for small stuff here,and if you put 3 together,sew some material around it, it makes the worlds best door stop.No one can lift it, and no one cares...

Tn...Andy 10-31-2006 06:20 AM

Re: Ok, so how are you all storing all that 90%?
 
I read somewhere once the largest gold nugget ever found in North Carolina, 17lbs, WAS used as a cabin door stop for years because they didn't recognise what it was !

Finally somebody came along that did, and started the 'NC gold rush' in the early 1800's.

goldminer 10-31-2006 06:52 AM

Re: Ok, so how are you all storing all that 90%?
 
The nugget was found by a youngster named Conrad Reed on Little Meadow Creek in Cabarras County just NE of Charlotte. Conrad's father was a Hession soldier who retired to farm in NC following the Rev. War.

The story goes that the boy and his family thought it was a "pretty rock" so used it as a door-stop on the front porch for nearly 3 years until someone figured out what it was. It's further told that John Reed sold the nugget to a Pharmacist in Fayetteville for $6.00 and then later successfully sued him for the real value when Reed found out the nugget's real worth.

After Reed began mining his property folks began calling it the "potato patch" because of all the large placer nuggets that were found on and near the surface of the ground.

The "Reed Gold Mine" property is now owned by the state. No prospecting or mining allowed, but they do have a great museum, tours of the property and part of the mine, and tourist-type gold panning but the gold that is panned is brought in from another area. It used to come from the Cotton Patch Gold Mine in Stanley County, near New London, NC. the Cotton Patch Gold Mine got it's name from the nuggets that were originally found when plowing up patches of bottom land to plant cotton.

The Cotton Patch GM and Campground is owned by Dave ("Moose") Strickland who has it open to the public for camping, panning, sluicing, and highbanking. The gold that is found is natural. Dave does not enhance ("salt") the dirt that is made available for folks to wash. People find pretty good colors at the Cotton Patch ranging from flour, fine, and medium size gold, up to occasional good sized nuggets. "Specimen" (gold included quartz) pieces are also found. Dave works a few quartz laden gold veins himself and occasionally opens the veins up to the public for a "common dig" (work together for 1-2 days and split everything that is found).

The Cotton Patch Gold Mine and Campground has a good web sight available to anyone who wants additional information.

Anty Ep 10-31-2006 09:26 AM

Re: Ok, so how are you all storing all that 90%?
 
I've been long on PMs for years on paper, but you guys have talked me into owning physical. But you still havent talked me into having a bunch of freakin bags of this crap which are heavy and a pain in the ass to store.

I have aquired some pre-65 coinage for fun, but a bunch of this stuff just seems like a pain to me.

In a mild SHTF like a devaluation, paper assets will not go by the wayside. IN a severe SHTF like the depression, the government is just as likely to try and confiscate physical as it is to confiscate paper assets.

beyond SHTF there is what you good folks call "TEOTWAWKI." For that I am storing up LEAD not silver.

goldminer 11-03-2006 06:37 AM

Re: Ok, so how are you all storing all that 90%?
 
The most important element related to personal storage is that no one outside the immediate "loop" knows the individual has any awareness of or interest in, PMs.

durfcoin 11-03-2006 12:24 PM

Re: Ok, so how are you all storing all that 90%?
 
Quote:

Originally Posted by goldminer (Post 405572)
The most important element related to personal storage is that no one outside the immediate "loop" knows the individual has any awareness of or interest in, PMs.


AMEN to that!

Anty Ep 11-03-2006 12:55 PM

Re: Ok, so how are you all storing all that 90%?
 
if one was really trying to store up PM and max out value for weight you'd obviously buy platinum. think of this: 10 1 0z coins = 12 grand. 6 pounds of coins? almost $100K!

How many $20 FRNs is that? 600! Anybody ever weigh a bag of 600 frns?
Quote:

How much does $1 million weigh? That would depend on the denomination of the bills you use. Since there are 490 notes in a pound, if you used $1 bills it would weigh 2,040.8 pounds, but if you used $100 bills it would weigh only 20.4 pounds.
If you were seriously into "asset protection" this would one viable way to go.

also consider this: what about numismatics as a type of asset protection? think about the possibilities.

Turner-son 11-03-2006 01:32 PM

Re: Ok, so how are you all storing all that 90%?
 
Quote:

Originally Posted by Anty Ep (Post 405907)
if one was really trying to store up PM and max out value for weight you'd obviously buy platinum. think of this: 10 1 0z coins = 12 grand. 6 pounds of coins? almost $100K!

How many $20 FRNs is that? 600! Anybody ever weigh a bag of 600 frns?

If you were seriously into "asset protection" this would one viable way to go.

also consider this: what about numismatics as a type of asset protection? think about the possibilities.

I guess I don't really understand... 600 $20 FRNs would weigh 600/490 = 1.2245 pounds. That's 1.2245 * 16 = 19.6 oz. But, in troy ounces, that would be 19.6/1.1 = 17.81. So 12k in bills would be 1.781 times as heavy as 12k in platinum coins. Is this what you were getting at?

Putting it another way: if $1 million in $20 bills is 20.4*5 = 102 pounds, $1 million in 1 oz platinum coins would be 1000000/1200 = 833 1/3 troy ounces. 833.33 * 1.1 = 916.66 ounces. 916.66/16 = 57.3 pounds. (102/57.3 = 1.78).

I would say the actual weight doesn't matter that much (especially if you use $100 bills instead), but the space constraint is indeed much less.

Perhaps I was just totally misreading the post though.


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