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
security.

(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.

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Sep 25, 2015
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Silver Storage NEW
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Jul 02, 2015
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Nov 22, 2014
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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
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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
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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!

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