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Thread: Bank safe deposit box not insured.

  1. #51
    Master
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    Quote Originally Posted by watchlovr View Post
    Ok.
    And you think Rolex may need this to tempt people in to buy their watches?
    Interesting.
    Am I in a parallel universe somewhere?
    First of all an AD is an authorised dealer, not a watch manufacturer.
    An AD can sell a number of different brands and a few ADs also sell pre owned and vintage watches.
    So the initial suggestion is certainly not as far fetched as you seem to think.


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  2. #52
    Craftsman SydR's Avatar
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    The only non-bank safety deposit box company near me has a waiting list for boxes!

  3. #53
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    Quote Originally Posted by watchlovr View Post
    Ok.
    And you think Rolex may need this to tempt people in to buy their watches?
    Interesting.
    Am I in a parallel universe somewhere?
    Who mentioned Rolex? I’m sure that most brands would love more interaction with their clients. Are you looking for an argument or something? Had a bad day at the office?

    Besides it was only an off the cuff comment, I wasn’t trying to sell anyone on the idea
    Last edited by Aimforthebushes; 15th September 2021 at 21:59.

  4. #54
    Master Saxon007's Avatar
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    Food for thought...I don't know how regulations in the UK are but apparently here in the USA they are lacking.

    https://clark.com/personal-finance-c...e-deposit-box/

  5. #55
    Master M1011's Avatar
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    Quote Originally Posted by watchlovr View Post
    Ok.
    And you think Rolex may need this to tempt people in to buy their watches?
    Interesting.
    Am I in a parallel universe somewhere?
    Yes, I think you might be living in a parallel universe

  6. #56
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    I live in a country where it is not possible to insure items like watches.

    I bought a safe. Its in the corner of a walk in wardrobe. I poured a layer of concrete over it using wood to make a frame. Waited for that too dry. Expanded the frame and poured a second layer of concrete over it but this layer contains broken glass. Then a final third layer.

    Safe now set in a big concrete box. The concrete is under its legs, top, sides. It is completely encased, apart from the door of course.

    Sanded it down, painted it black and cemented some nice tiles on the top.

    If we go on holiday, I put some coats over the top, an old yoga mat and some boxes of books.

    In normal use, get key from another room, type in code and take watches in and out. Takes a minute.

    Can't imagine any safe-crackers lurking around here! Also your average burglar, not that we get many, is after cash or phones.

    I'm more than happy with this arrangement for watches, passports etc..

  7. #57
    Master KavKav's Avatar
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    A decent quality gun safe properly located and fitted will defeat most thieves, additionally a cheap safe box just placed under the bed will encourage most thieves to just scoop it up and get out quickly, don’t forget to put a house brick in it to give it ‘heft’.

  8. #58
    Master TKH's Avatar
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    Great topic relevant to many…

    Question: what happens if the security deposit company go under quickly and unexpectedly?

    Would your insurance pay out if your valuables were unrecoverable?….

    Does anyone worry about spotters outside ‘safety deposit buildings’….

    Or…..am I overthinking it all.? = probably

  9. #59
    Quote Originally Posted by jdw100 View Post
    I live in a country where it is not possible to insure items like watches.

    I bought a safe. Its in the corner of a walk in wardrobe. I poured a layer of concrete over it using wood to make a frame. Waited for that too dry. Expanded the frame and poured a second layer of concrete over it but this layer contains broken glass. Then a final third layer.

    Safe now set in a big concrete box. The concrete is under its legs, top, sides. It is completely encased, apart from the door of course.

    Sanded it down, painted it black and cemented some nice tiles on the top.

    If we go on holiday, I put some coats over the top, an old yoga mat and some boxes of books.

    In normal use, get key from another room, type in code and take watches in and out. Takes a minute.

    Can't imagine any safe-crackers lurking around here! Also your average burglar, not that we get many, is after cash or phones.

    I'm more than happy with this arrangement for watches, passports etc..
    Good thinking, what sort of safe are you using, is it fireproof?

  10. #60
    Quote Originally Posted by jdw100 View Post
    I live in a country where it is not possible to insure items like watches.

    I bought a safe. Its in the corner of a walk in wardrobe. I poured a layer of concrete over it using wood to make a frame. Waited for that too dry. Expanded the frame and poured a second layer of concrete over it but this layer contains broken glass. Then a final third layer.

    Safe now set in a big concrete box. The concrete is under its legs, top, sides. It is completely encased, apart from the door of course.

    Sanded it down, painted it black and cemented some nice tiles on the top.

    If we go on holiday, I put some coats over the top, an old yoga mat and some boxes of books.

    In normal use, get key from another room, type in code and take watches in and out. Takes a minute.

    Can't imagine any safe-crackers lurking around here! Also your average burglar, not that we get many, is after cash or phones.

    I'm more than happy with this arrangement for watches, passports etc..
    Where do you live? Location on here is herts.

  11. #61
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by TKH View Post
    Great topic relevant to many…

    Does anyone worry about spotters outside ‘safety deposit buildings’….

    Or…..am I overthinking it all.? = probably
    Or four blokes in a pub who decide to drill a hole through the wall and empty all the said boxes. I’m sure it was upsetting to the owners, but to the public at large it was like the plot of an Ealing comedy and made a great film. I doubt there was much sympathy for those who lost, certainly in the film most neutrals would have been on the side of the four old blokes.

  12. #62
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    Quote Originally Posted by stevecross View Post
    Good thinking, what sort of safe are you using, is it fireproof?
    Yes, for xx hours. Can’t remember how long.

    I’m guessing 50kg+ of concrete would help as well

    Not really worried re fire, our villa is made of very hard concrete. All tiled floors and furniture is very spread out.

    Am insured for earthquake and volcano damage!

  13. #63
    Master TKH's Avatar
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    Quote Originally Posted by Wallasey Runner View Post
    Or four blokes in a pub who decide to drill a hole through the wall and empty all the said boxes. I’m sure it was upsetting to the owners, but to the public at large it was like the plot of an Ealing comedy and made a great film. I doubt there was much sympathy for those who lost, certainly in the film most neutrals would have been on the side of the four old blokes.
    Agree Ken…Larry Lambs accent .!

    I was thinking does anyone who is weekly going in or out swopping watches worry that their movements / wrist wear are observed by zee villains?..

  14. #64
    Quote Originally Posted by jdw100 View Post
    Yes, for xx hours. Can’t remember how long.

    I’m guessing 50kg+ of concrete would help as well

    Not really worried re fire, our villa is made of very hard concrete. All tiled floors and furniture is very spread out.

    Am insured for earthquake and volcano damage!
    Seems like a perfect solution for your needs.

  15. #65
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    Quote Originally Posted by Kingstepper View Post
    Where do you live? Location on here is herts.
    That’s five years out of date then.

    Bali.

  16. #66
    Quote Originally Posted by jdw100 View Post
    That’s five years out of date then.

    Bali.
    Got to be nicer!

  17. #67
    A burglar alarm installer once suggested keeping a wallet with some cash and a fake watch on the dresser. They rarely hang around once they have found something of ‘value’.

    Like the idea mentioned earlier about the decoy safe.

  18. #68
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    Quote Originally Posted by Kingstepper View Post
    Got to be nicer!
    Certainly a lot safer than UK in terms of crime and COVID!

  19. #69
    Quote Originally Posted by GMT2 View Post
    A burglar alarm installer once suggested keeping a wallet with some cash and a fake watch on the dresser. They rarely hang around once they have found something of ‘value’.

    Like the idea mentioned earlier about the decoy safe.

    My mate who’s a jeweller also told me this years ago .

  20. #70
    Journeyman Ozyjohn's Avatar
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    Quote Originally Posted by Kingstepper View Post
    Not insured because they will have no idea what's in them?
    Pretty much a world standard. In Australia they are closing up Deposit Boxes monthly. Obviously the cost of the service no longer "...resonates with our client mission statement..." - I can't be the only one sick of such BS.

  21. #71
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    Quote Originally Posted by GMT2 View Post
    A burglar alarm installer once suggested keeping a wallet with some cash and a fake watch on the dresser. They rarely hang around once they have found something of ‘value’.

    Like the idea mentioned earlier about the decoy safe.
    Interesting idea! A friend of mine (in the security industry) told me to store valuables in the loft as they’re rarely in the house long enough to get the ladders out and venture up there.

  22. #72
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    Quote Originally Posted by Mr Curta View Post
    Doesn't anybody have sock drawers these days?
    I store my socks im a safety deposit box.

    I pop in once a month to change them over.

    M

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  23. #73
    Master M1011's Avatar
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    Quote Originally Posted by Aimforthebushes View Post
    Interesting idea! A friend of mine (in the security industry) told me to store valuables in the loft as they’re rarely in the house long enough to get the ladders out and venture up there.
    On the other hand, good luck getting them out of the house if there's a fire!

    Excellent for floods though I guess... swings and roundabouts!

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