Gold Coins for Sale

OK, so you’ve made the important decision of adding gold coins to your financial investment portfolio.  They are one of the smartest speculations you could have chosen.  Once you take physical possession of the lovelies, what do you do with them to protect them and keep them safe and secure?

Just as diversifying your investment portfolio is wise, so is maximizing the locations where you hide your treasures.  Divide them up into increments of your choosing and decide on different methods for storing them.  You might want to keep some in a safe deposit box at the bank, but not all.  Using a safe deposit box as a method of storage can be safe, but you 1) limit your access to your treasure to only banking hours; 2) they are not protected if the bank were to get robbed; and 3) there is always the possibility of the government confiscating the precious metal as it did in 1933.

To locate the safest storage locations in your home, use your imagination.  Think “outside the box” as the saying goes.  Put a certain amount of gold coins in one place, another set in another place, and so on.  Don’t use so many places that you confuse yourself, however, or forget all the places you have hidden them.  If your treasure it allocated to different hiding places, it’s a pretty safe bet that even in the worst case scenario of a successful robbery, the thief won’t find all of your assets.

Keep in mind that today’s burglars are more tech-savvy than in days of old.  With the advent of metal detectors, they can more easily locate your metal treasure.  There are tricks, though, to throw them off, if they choose to use this sophisticated tool for criminal purposes.  For instance, locate your precious metal assets in with, or next to, kitchen silverware, because metal silverware is going to set off a metal detector anyway.  The burglar won’t suspect that anything else is in there other than the metal silverware.  If you really want to get sneaky, wrap your metal assets in a towel and tape it under the silverware drawer, if you can access it.  You can also keep an allotment of treasure in with, or under, regular pocket change.  The pocket change will set off the metal detector but the thief won’t know there is anything more to it than normal loose change.  Burglars are not likely to spend a great deal of time sorting through a variety of small items when they can go on to higher dollar articles that they can readily see and grab.

If you keep your purchase of gold coins a secret, there will be less chance of discovery because no one will know to look for them.  If you go to a party or other social event and brag about your recent purchase, you are just opening the door to inviting possible problems into your home.  Keep that knowledge safe with you and possibly one or two others whom you have complete and total trust and confidence in.  It will just be your little secret.