We don’t hear customers complain very often but when they do, it’s almost always because they wish they’d bought a bigger safe. Is the Safe Big Enough to Store All Your Precious Metals? Or in terms of risk, the higher the fire rating, the lower the risk. Generally speaking, we recommend the more expensive the items you are storing, the higher the fire rating you want. How likely is it your safe will be exposed to fire? What will it cost you if you lose the contents of your safe to a fire? Like investing in the stock market, you need to consider what’s an acceptable level of risk for you personally. How high of a fire rating you need depends on you. This means you can trust Liberty’s 2-hour fire rating.ĭo You Need a Safe with a High Fire Rating? And, they are transparent about their results, showing the testing process and outcome on their website. Safe manufacturers like Liberty do in-house testing to provide their fire-ratings. But when the heat meets the steal, there’s often a different tale to be told. On paper, an imported Costco gun safe may seem just as reliable as an American-made Liberty safe. A safe manufacturer can assign any fire rating they want without doing any research. It can be misleading because fire ratings are not regulated. Not only do the walls feature heavy-duty steel, but they are also filled with high-strength concrete and high-density ceramic that keep thieves from drilling or welding their way in quickly. This design means that Liberty safes do not have seams on the front, sides or top of the safe - the most vulnerable places for prying or breaking welds.Ĭommercial safes, like the American Security safes, are considered almost impervious to a burglary attack. That being said, some safes take substantially longer to breach than others.įor instance, American-made Liberty safes use a unique and secure 2-piece design. With enough time, resources, and expertise, any safe can be broken into. One thing you need to know is that no safe is un-crackable. The materials used, how a safe is constructed, and the locking mechanisms utilized all play a role in how difficult it is to break into a safe.
6 FAQs About Storing Your Precious Metal in a Safe How Easy is it to Break into Your Safe? This level of access is particularly ideal in the event that banks and financial institutions begin to close and access is limited.
With an at-home safe, you can access your items whenever you need or want. Safety deposit boxes and third-party depositories require you to contact the institution in order to access your wealth. Storing precious metals, like gold coins, in your own home gives you the highest level of control and access to your assets. While each of the above solutions offers different benefits, many precious metal investors are choosing to store their investment at home. There are three common ways to store precious metals, including: One of the most important factors to consider when you’re investing in precious metals like gold, silver, platinum, and palladium bullion is how you’re going to safely store it. What You Need to Know About Safely Storing Precious Metal at Home