card in bank safe deposit box

[g_vezina_c55]

like i read in many thread, the bank safe deposit box look a popular way to protect valuable cards.

Anyone here have any problem in the past with this way ?

Any loss by fire or thieft ?

bank Safe deposit box steal is probably extremely rare ?

thanks

[insccollectibles]

I keep all my valuable cards in a safe deposit box. I've had no issues at all.

[Sean1125]

I don't keep my cards in SDB but I do keep my gold and silver there.... Never had a problem.

[conor912]

I hear that the absolute way to protect your cards is to shoot them into orbit.

[Sean]

Nelson, I have kept mine in a SDB for 7 years without any problems.

[Stonepony]

Biggest threat probably humidity. Fire or theft from a SDB would be very rare.I would throw in some sort of desiccant pack and change every year. Especially important in a home safe !!

[the 'stache]

I'd like to get some up to date information from people that are putting their cards in a safe deposit box. I have my box now, and I have several cards I'd like to put in it. The bank is, of course, climate controlled, but I always want to make sure there's zero moisture anywhere near my cards.

The Box I have is 6" x 10" x 18". For those of you using a safe deposit box, what are you putting in with them to protect against moisture? I'm only about 2 miles from my bank, so putting a new ___ in every couple of months is no problem.

Do I want to use silica gel packs? Or something else? If you could please, provide a link to where you buy them.

Thank you!

[insccollectibles]

I keep about 90% of my collection in safe deposit boxes. Never had any issues other than looking for them when I sell a few.

[t206blogcom]

I'm more about putting my cards out on display for viewing than locking them up in a deposit box. However, if you collect high dollar cards for investment, perhaps a safe deposit box makes sense. I have a SDB myself, but not for card storage. I'd say the only potential drawback of a SDB is that the gov't can seize your assets that you keep in a SDB if you get into the sort of issues that would warrant such an action.

As for humidty, I don't think you should worry about it unless you're putting your raw cards on display in the bathroom. Even if you did, your cards wouldn't be completely destroyed. As I've mentioned and shared on this forum a few times before, I bought a few T206s that were found nailed to studs behind drywall in a Philadelphia bathroom during a renovation project. My favorite is this dirty Hooker (who was nailed to the stud). It's definitely dirty, but not completely destroyed.

[clydepepper]

Originally Posted by t206blogcom

I'm more about putting my cards out on display for viewing than locking them up in a deposit box. However, if you collect high dollar cards for investment, perhaps a safe deposit box makes sense. I have a SDB myself, but not for card storage. I'd say the only potential drawback of a SDB is that the gov't can seize your assets that you keep in a SDB if you get into the sort of issues that would warrant such an action.

As for humidty, I don't think you should worry about it unless you're putting your raw cards on display in the bathroom. Even if you did, your cards wouldn't be completely destroyed. As I've mentioned and shared on this forum a few times before, I bought a few T206s that were found nailed to studs behind drywall in a Philadelphia bathroom during a renovation project. My favorite is this dirty Hooker (who was nailed to the stud). It's definitely dirty, but not completely destroyed.

No No - it's just way too easy to comment of this

[t206blogcom]

Originally Posted by clydepepper

No No - it's just way too easy to comment of this

[Jobu]

As a tropical biologist who lives in New Orleans I have two contributions to this thread.

1) If you keep your cards in a safety deposit box (I keep mine at home) you should consider how prone the bank is to flooding. In the case of a storm like Katrina or Sandy you might not have time to get to the bank to pick up your valuables before you evacuate as you wiill be busy with a lot of preparations, traffic is bad, and the bank might be closed during normal busniess hours so that their employees can evacuate. You also might prefer to leave your valuables at the bank rather than carrying all of them with you in your car! In choosing your bank you should look at a floodplain/elevation map and pick a bank that is in a high zone. This could also be a consideration for non-coastal cities as areas flood due to heavy rain or flooding rivers. I asked the local insurance agent that sold me my renter's insurance to show me one of these maps and they were happy to do so (and I am glad I did because we didn't flood during Katrina).

2) Anyone looking to buy silica gel should skip the prepackaged stuff that comes in little tins and which is sold in places like camera stores. If you look closely at it, you see lots of grains that look like kitty litter and a few scattered in there that will be either pink or blue depending on their level of water absorption. Those colored crystals are what is doing the work, I believe the rest is more or less filler. For my work in the rain forest I buy pure silica gel and put my electronics with it in a sealed bag each night. It is more expensive, for obvious reasons, but does a much much better job. One note - when the crystals (referred to as gel) aren't in a package you need to exercise a little caution when baking them. I have been told that they are somewhat toxic so it would be wise to use a dedicated pan for baking the water out rather than a dish used for cooking.

Sorry for the long post!