More Ideas for Silver Storage

(Deep South & Very Muggy USA)

But I'd like to add three items to yours and Mr. Morgan's list.

(1) The administrator of my estate knows where the goods are.

(2) I have a hidden, bolted safe, which has a two hour fire rating, and I have an unbolted decoy safe from a home improvement store.
The decoy is easier to find, is heavy enough to be interesting (about a hundred pounds), and is filled with junk. When the burglar finds it, he's hopefully happy and quits looking. In fact, he absolutely cannot
ignore it, is probably all he'll be able to haul away, and he has to drop everything else. It cost me about a hundred bucks for the decoy, less for the safe than the deductible on my home policy. And if he takes it, it would help expose and identify any weak points in my

(3) I store silver in various containers, but I always throw in a small handful of rice, always in a porous bag or container.
The rice acts like one of those little dehumidifying chemical bags that come packaged with certain products. I've been using rice since I was a kid taking
buffalo nickels and Indian pennies out of change. It works, especially on silver. I have silver coins packaged 50 years ago with rice showing no spots or tarnish.

Comments for More Ideas for Silver Storage

Average Rating starstarstarstarstar

Click here to add your own comments

Sep 25, 2015
Silver Storage NEW
by: Anonymous

Just wish to say your article is as astonishing. The clarity in your post is just nice and i can assume you're an expert on this subject. Fine with your permission let me to grab your RSS feed to keep updated with forthcoming post. Thanks a million and please keep up the enjoyable work.


Jul 02, 2015
Ajmd Nazwz NEW
by: Anonymous

Here you may find an amazing stuff about silver coins, silver investing, bars, bullion, supply etc. But my concern is essay writing service which is quite important for all college level students.

Nov 22, 2014
Silver Storage NEW
by: Bruce Davidson

10,000+ ounces, requires massive space. I hear that some people rent a storage room for about $500 a year. Or maybe a close friend/relative can do that for you.

Aug 13, 2010
Metal Detectors Are Improving
by: Anonymous

Metal detectors are improving all the time, which is probably why I don't think that an unguarded hole in the ground, unless perhaps protected by a land mine, is a great place to store anything of value. So what's a poor silver hoarder... err... collector to do?

1. Live in a state with friendly gun laws and "The Castle Doctrine". For the nanny-stater residents on the east and left coasts, the "castle doctrine" simply puts into state law that a man's (or woman's) home is his/her castle, and any invasion may legally be met with deadly force.

2. Arm yourself. Arm your spouse. Pick suitable weapons for defense of your home (this discussion could result in a book-length blog were I to continue). Most of all, learn to use those firearms, and select ammunition suitable for the purpose. If you have to shoot a home invader and miss, you don't want to take out "Granny" three houses down.

3. Watch your neighbors' homes, and hopefully they will watch yours. This was common when I was growing up 60 years ago, but not so common now. Still, the idea of an informal "neighborhood watch" is a good one. Living in a small town where everyone knows everyone else helps too.

4. Don't bet on "911". "911" has been described, somewhat cynically, as "government-sponsored dial-a-prayer". As economic conditions deteriorate, more and more law enforcement officers will find their hours (or jobs) cut. Response times will lengthen.

5. Own a dog - a big, friendly, territorial breed with a bark that will shatter glass is probably a good choice. If the power goes out, your "alarm system" will still work. And your "alarm" will go off long before the bad guy kicks in the door.

6. And finally - stash your "stash" where it isn't obvious but where you can keep an eye on it. We have a lock box full of "valuables" "hidden" under the bed. Everything else is elsewhere.

Aug 12, 2010
Tarnished Silver
by: Richard Whisler

The Element Sulfur causes Silver to tarnish, which is Silver Sulfide. Nice, clean, pure white paper is bleached with Sulfur Dioxide, some residue remains. Of course, my home is in southern Arizona, no moisture problems. A brown grocery bag or Sulfur free paper from a coin shop work well. In general, I never comment about hiding places. Metal detectors are improving all the time. Nuff said!

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Personally Storing Silver.

The #1 Reason to Own Silver Now?

Feedback from readers...
"Silver Coin Investor is cutting edge and has it all...the value I receive from your website and The Lewis and Mariani Silver Letters is far, far greater than the small subscription cost. I am finding that I don't need any other source for silver research and knowledge. Thanks Jeff. I mean that.
Vic (UK)
"I find any information I can learn about investing in silver interesting. Your website and e course have taught me a few things I didn’t know. You’ve provided some good reading and links about something I love as a hobby and my and my family’s future. Thank you"
Dennis - Mount Sterling, Kentucky
"I've been reading on silver on many sites, I find your information more practical and straightforward and full of content, thanks".
Xavier - Barcelona, ESP
"Your website and E-Course helped provide a different take on the metals".
Paul - Beckley, West Virginia
"I appreciate the educational aspects of your website/e-course. Your course has helped to reinforce my decision to purchase more silver".
Spencer R. - Loomis, California
"I appreciate your sharing your vast knowledge with those of us who are learning about the potential for silver investing".
Thomas - Peoria, Arizona
"I have a very busy schedule and your course updates keep me focused on the "silver strategy"
Bob M. - Kitchener, Ontario
"I've read your articles on Market Oracle and I appreciate the clarity in your writings. You confirm what I believe, that silver has a huge upside and if patient will pay off".
Ken - Littleton, Colorado
"Well it helps confirm my conviction that silver is far better metal to invest in than gold or any of the other metals because of its monetary, medical, and industrial uses. So it really has a realistic unrecognized potential that I feel the gold bugs overlook. I read and research a lot of different sources and you help me stay balanced in my approach. Thanks for the course and keep up the good work!"
Bill - Columbus, Ohio
"This course and website is slowly restoring my confidence as an investor in silver. At one point I was ready to unload it all at rock-bottom prices. Since I've read the letter I've held on.
Kim - Saint Thomas, Ontario
Thanks for making it all free and very simple.
Jim - Kingsland, Georgia
"The E-Course is very upbeat and has helped me to feel more confident about the future of Silver!" -
John J. - Harrisville, New Hampshire