cubrock
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Next on CNN - a South Carolina economist says the dollar is in the toilet. But, he won’t say which one…..
Silver
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Next on CNN - a South Carolina economist says the dollar is in the toilet. But, he won’t say which one…..
But seriously, although I don't remember each reply, I remember a thread where @BatteryOaksBilly asked the question (and I paraphrase), "Where would one keep $20,000?"
I could be off on the amount, but the question remained valid.
Where would you keep it?
We've seen the opinions on safes, so would you opt for a freezer, top of a closet, maybe a safe deposit box at the local bank?
This could a question for a sizable amount of coins and bars, too.
someplace unexpected or inconvenient.
On a shelf built into the cold air return behind an air filter.
Under the insulation in the attic.
In the wall behind the toilet paper holder, or behind the cable TV outlet.
Inside the pump access door for the jacuzzi tub.
In a box or wrapped in a table cloth in the front hall closet, just piled with random stuff.
Avoid the master bedroom, although leaving something in your sock drawer is probably a good distraction.
If you cast bullets, under 1,000 pounds of lead.
$20k is physically small, even $100k fits into a shoebox with space to spare. Gold is also small, most folks don’t ever accumulate enough to fill a shoebox. Silver, especially junk silver, you end up with bags of coins in every closet. There is an old story of a guy that painted 100oz silver bars red and used them as flooring in his basement.
I was in college with a kid that kept all his money in a dirty clothes hamper. It wasn't anywhere near 20k.
I like thinking about this even though i don't think I'll ever have 20k extra to worry about.
How about:
in a punching bag
False wall covered with a poster
Old toaster
A hollowed out softball bat
Weight bench
A bucket of old oil or cooking grease
Cat litter box
I like thinking about this even though i don't think I'll ever have 20k extra to worry about.
How about:
in a punching bag
False wall covered with a poster
Old toaster
A hollowed out softball bat
Weight bench
A bucket of old oil or cooking grease
Cat litter box
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My boss gave us bonuses one time. He went to the bank and got 2000 out in hundreds.
As he's handing everyone a $100 bill he looks at me and says man you get the old one. The bill was from 1978. I didn't care either way.
On the way home i stopped at the liquor store and the clerk ran the bill through some machine and it wouldn't take it. He said- im not saying this is fake, but i can't take it.
I had to go to the bank and exchange it bc no one would accept the old style bill.
If your storing cash, remember to make sure the bills are fairly current.
As he's handing everyone a $100 bill he looks at me and says man you get the old one. The bill was from 1978. I didn't care either way.
On the way home i stopped at the liquor store and the clerk ran the bill through some machine and it wouldn't take it. He said- im not saying this is fake, but i can't take it.
I had to go to the bank and exchange it bc no one would accept the old style bill.
If your storing cash, remember to make sure the bills are fairly current.
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Under the wood heater, inside a lamp base, inside a couch cushion, inside the hvac air intake, inside a random crappy tasting food or cleaning solution package. In the garage in any random undesirable container. The possibilities are limited by your imagination
I'm reminded of someone I know that had a paper bag containing $6000. That person hid it in the house in the year 2000.
They haven't found it yet.
Oh I recommend a safe for sure but put it in a small area where the top and sides can’t be quickly accessed with a hammer. So like in a small closet to one end if it’s narrow enough to keep someone from getting a full swing with a hammer then bolt it down and toss folded blankets on top. Or maybe even under a cabinet bolted through a shelf. Maybe in a garage and pour it into a concrete box and toss a towel or magazines over it or make a wooden top and front so it looks like a bench. Safe Inside a fake mini fridge . Possibilities are endless. Not disclosing the place/method I use but is along these lines.
I bet somebody found it. Just sayin.
I can help you look..
We are usually home but when we leave for any extended time you can put some of your valuables in a ziplock bag and bury it in the cat litter box. If you don't have a cat just get a box. 
I have also taken things and buried them way back in the swamp next to a unique tree or natural feature. I drive an iron into the ground and use my metal detector to retrieve it. GPS the location too. If I drop dead in the mean time it will just be another legend that there is treasure buried down in that swamp. 👻
I have also taken things and buried them way back in the swamp next to a unique tree or natural feature. I drive an iron into the ground and use my metal detector to retrieve it. GPS the location too. If I drop dead in the mean time it will just be another legend that there is treasure buried down in that swamp. 👻
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Mathieu18
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Gonna be real awkward when I break into my old house to get my silver out of the wall/cabinet/attic insulation cause I forgot it during a move.
But really I agree, keep the ideas coming.
As the stashing stuff … just will remind you guys of the old adage … Don’t put all your eggs in one basket …
Like ammo I say spread out you cache of currency, PMs or such into a couple different places just in case …
Like ammo I say spread out you cache of currency, PMs or such into a couple different places just in case …
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Mathieu18
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So… since you talk about spreading out cache, let’s talk burying things a bit.
Who done it and what do you need to insure contents are safe? Great idea and I have acreage that could take a lot of holes. Vacuum seal and put it in a pelican case?
Who done it and what do you need to insure contents are safe? Great idea and I have acreage that could take a lot of holes. Vacuum seal and put it in a pelican case?
q
At my old house I had 5k in cash and a 100oz of silver buried right inside the crawl space of my house.
Vacuum packed and inside a small waterproof case.
Thats why you always have 2 people (only 2) that your trust throughly who knows where it’s at.
At my old house I had 5k in cash and a 100oz of silver buried right inside the crawl space of my house.
Vacuum packed and inside a small waterproof case.
When I lived in NC I buried a 4' piece of PVC -glue cap on one end 4" clean out plug on top end. Took a bit of doing with post hole digger but safe and secure. Vacuum packing is a definite plus. Although I just used zip locks with cords around them to the top for extraction. It's still in the ground - somebody will find it one day and think they found a treasure.
Mathieu18
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I like this, minimal disruption to the soil. Could make finding a bit harder given the small footprint so better have a good idea where it is. A pin to find it might be nice if it’s such a random place people won’t be walking around with a metal detector.
This may be a little off the original post, but got me to thinking and looking, How would I go about getting an honest appraisal for some very old coins beyond junk value? I have silver dollars from the 1800's - mercury dimes - indian head pennies from 1900. Been reluctant to just walk in a coin shop for appraisal. So many variables. Any collectors could help here?
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Id like to know this also
There is a mil pamphlet on caching, but it’s no longer in my ipad, hmmm.
I do like burying against a structure or under a fence, easier to locate and difficult to metal detect. I also like items buried in a pond or creek bed.
Most often I see folks ask for reputable coin shops in their area. I’d guess that it’s worth getting a few opinions.
I have on many occasions had this much in my pockets...A million dollars in $100s weighs 22 pounds.....easy to hide BUT...where to hide it SAFELY is the problem......water, mold, fire all present their own problem...safety deposit box ya say???...Mr. IRS can open your box TODAY!!! I have a friend that lost Alot of money that way....he got it back BUT it was expensive to retrieve his Own money..."THEY" don't like unaccounted for cash....
One of our men thought up a fairly good solution...$100,000 in Susan B. Anthony dollars...don't burn, don't mold and weigh enough in a safe to hinder the pick up artist....This same man has Wellllll over that amount in Silver coins...at face value.........that's all I got on the hidin' money problem....It can Be a problem!!!
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I tend to hide mine in Midsouth’s cash register. Philip has proven to be a great caretaker of my money.
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Les White
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I've been looking for 90% junk silver to try and purify. It's a much easier process than what I'm doing with the gold plate recovery. But everyone with junk silver seems to think they're sitting on unobtanium and have it priced over spot - for a metal with 10% impurities that have to be refined out at a cost.
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Interesting at an academic level, but since individuals have the ability to sell their junk silver based on silver content in a way that they can’t really sell gold plated pins, I doubt that you can make money because you can’t be as efficient as a large refiner. But, what about stripping silver plate?
You can buy used/beat up silver plate for probably less than the value of the copper it contains, so separating just the copper and silver might be profitable for a small operation.
I think junk and other US mint holds a very strong value because it's actual US currency. Most people see it and know it. Not a ton of people look at an APMEX coin and know it's pure silver. Just my useless opinion.
Les White
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I could do it, but I'd end up in the red with every batch. Not counting the value of my time, the nitric acid used per batch will cost more than the recovered silver is worth.
That's a fair point and I've heard it made before. The other side would be- if you have to trade silver (of any type) in the future, i feel like it would be easier to show someone a shiny coin or bar that says .999 pure silver on it than convince some young person that an old roll of dirty dimes is 90% silver. (Even though it doesn't say silver on it anywhere)
Then try to do the math for them and figure out what weight in silver you actually have.
I have both in hopes to be covered either way. I will say when i showed my kids they both gravitated towards the shiny bars.
Then i told them about the rolls of coins, how they were 90% silver, and worth more than face value, they looked at me like i was crazy.