Storing in safety deposit box?

Can we just make banks great again?

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Regarding the SDP, why are you considering this? If you don't mind me asking. Their value won't go up just because they are in a bank storage and how often do you really go there and check on them? There's plenty of ruined guns out there because they were stored wrong for too long. Also, you are dependent on the business hours the bank operates. Nah.

I'd rather invest in a small safe, perhaps even an in-floor one, cover with carpet, out of sight and safe but access anytime you wish.
 

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JJEH said:
Regarding the SDP, why are you considering this? If you don't mind me asking. Their value won't go up just because they are in a bank storage and how often do you really go there and check on them? There's plenty of ruined guns out there because they were stored wrong for too long. Also, you are dependent on the business hours the bank operates. Nah.
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There are several reasons;

Fire burns your home down or damages it so bad you can not enter it to retrieve valuables.

Natural disaster such as tornado, flood or uncontrolled wildfire.

Protection from theft.

Riots and Civil Disturbances (which are being predicted in some cities) or natural disaster from storm damage (trees, telephone poles, live electrical wires) blocking the roads preventing getting home but you can still get to the bank. The cash will pay for meals and lodging and the gun will let you keep your cash.

A rapid emergency evacuation from your home such as from airborne chemical spill only gives you a couple of minutes to grab things and go.

Let's see...house keys, wallet, kids, the baby, dogs, cat (well forget the cat) diapers, some extra clothes for everyone. I don't see having a enough time to load up the gun collection and ammunition.

Fire proof safes do a very poor job of protecting the contents. Check out YouTube videos.

I have S&W revolvers with blue steel finish stored in their original box, wrapped in vapor, oiled and coated with RIG grease in storage for 40 years with only a annual check on their condition.
 
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BSA1 said:
There are several reasons;

Fire burns your home down or damages it so bad you can not enter it to retrieve valuables.

Natural disaster such as tornado, flood or uncontrolled wildfire.

Protection from theft.

Riots and Civil Disturbances (which are being predicted in some cities), natural disaster from storm damage (trees, telephone poles, live electrical wires) blocking the roads preventing getting home but you can still get to the bank. The cash will pay for meals and lodging and the gun will let you keep your cash.

A rapid emergency evacuation from your home such as from airborne chemical spill only gives you a couple of minutes to grab things and go.

Let's see...house keys, wallet, kids, the baby, dogs, cat (well forget the cat) diapers, some extra clothes for everyone. I don't see having a enough time to load up the gun collection and ammunition.

Fire proof safes do a very poor job of protecting the contents. Check out YouTube videos.

I have S&W revolvers with blue steel finish stored in their original box, wrapped in vapor, oiled and coated with RIG grease in storage for 40 years with only a annual check on their condition.
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I hear you and I believe you. But it also sounds like you are saying banks are immune to all them conditions you have listed. The only advantage might be the insurance, but if you really have a gem and you want to insure it, how much will that affect your yearly fee?

As far as I can protect myself and can take care of my stuff I won't give it to a 3rd party to watch over it.
 
s&wchad said:
Unless you already have a safety deposit box, you may be better off buying a medium size firesafe and bolting it somewhere inconspicuous in your house.

A 10" x 10" box can run $200/yr and that can add up pretty quickly. In 5 or ten years, you may have spent more on box rental than the guns are worth.
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This is the most salient point in the thread. A box big enough to store a few guns in their boxes will cost enough that after a few years, you could have bought a good gun safe to store those same guns.

Clearly if you rent an apartment or a house, you probably don't want to have a gun safe bolted in. But if you own your dwelling, the gun safe is the better long-term way to go.
 
FWIW I noticed this morning on the door of my credit union a sticker depicting the silhouette of a pistol and a combat knife advising no weapons, concealed or otherwise, were allowed on the premises.
 
OP - grise'em up, silicone socks.
If you absolutely must!
I would prefer that you don't!
Or Buy a safe, bolt it down, fill it up with Guns!
 
JJEH said:
Can we just make banks great again?

attachment.php


Regarding the SDP, why are you considering this? If you don't mind me asking. Their value won't go up just because they are in a bank storage and how often do you really go there and check on them? There's plenty of ruined guns out there because they were stored wrong for too long. Also, you are dependent on the business hours the bank operates. Nah.

I'd rather invest in a small safe, perhaps even an in-floor one, cover with carpet, out of sight and safe but access anytime you wish.
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That's one expensive weatherby
 
Make sure bank is not in flood plain! A great uncle had his lifetime coin collection in large safe deposit boxes in a major bank in Roanoke, Va. In 1985 we had a 100 year flood that flooded downtown. Safe deposit vault was in basement level of bank. Completely flooded and pretty much ruined the value of the collection.
 
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I stored some guns for a few years....

Removed wood grips and stored them with a spacing block to avoid warping. I placed the guns in silicone socks and placed them in soft towels.

All went well and each gun was retrieved in the same condition I left it....

Good luck.
 
I just surrendered the 2 keys to our 10" x 10" at the local bank where we have been clients for well over 30 years. Other than important papers and passports, wills and the like, the contents were pretty much the wife's jewelry collection from years of buying estate pieces and diamonds. For most of 30 years we felt comfortable and safe & secure.

Then two years ago the bank merged with a fancy "big name" bank and the new bank took out all the "old time" metal safe deposit boxes, and replaced with plastic hinged lid style. OK..no real problem but then they built a new vault for the boxes that the only entry was biometric with a eye retina scanner & palm/finger print reader. So wife and I get the first big box in this new modern, state of the art facility, get the older daughter down there to go through the eye/hand scan id process and thought we were good to go.

Fast forward maybe 6 months, the vault is a tremendous expensive, utter failure. Biometrics didn't scan or work right, managers couldn't override, camera was defective or out of order most of the time....so they removed all the bio stuff, but you had to come in and close your box, remove all, then they would drill out the prior locks, install old 2 key style. We finally got a call back but there were no more large boxes available. Gave up, cancelled all with that bank, found another old time local S&L that hadn't been gobbled up yet and are happy again, but I'm thinking glad I never put a valuable gun in there. The diamonds and jewelry only come out when buying/selling..but I like to handle my guns, even the ones that are old and won't be shot.

Cannot recommend any bank, or third party safe deposit box for gun storage.
 
My local ***** bank branch was flooded by hurricane Harvey three years ago, including the safety deposit vault room. Although they bore no legal liability for the loss of contents, they worked very hard to save everything. They set up a salvage operation to freeze dry documents and return them to owners in Ziploc bags. They also had representatives of the DEA, IRS and ATF present at the ceremonial box openings because they feared drugs, cash and firearms in the boxes, all against their policy. My bank person wouldn't say if they found any.
 
I didnt read everything but it's against the federal laws to carry or bring a gun in a bank.

Decades ago my buddy dropped his 1911 while in-line at the bank. He picked it up and holstered it. The people looked but at that time it wasn't a big thing in the 70's.
 
BigBill said:
I didnt read everything but it's against the federal laws to carry or bring a gun in a bank.

Decades ago my buddy dropped his 1911 while in-line at the bank. He picked it up and holstered it. The people looked but at that time it wasn't a big thing in the 70's.
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Not being argumentative but can you post the federal regulation stating this? It can be a local or state law, perhaps bank policy but not aware of a federal law (not saying it isn't but I can't find it). Another poster thought so too but it turned out the law refers to Post Offices-post #23.

Thanks, stay safe.
 
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