How to Store Silver Bullion?

NOTEThis is article is for educational purposes alone. SD Bullion does not recommend or endorse any of the listed storage ideas in this report. The following are merely examples of storage ideas aimed to spark the creativity within you and help uncover the nearly limitless array of options available.

How to best store silver and hide silver bullion safely for the long term is a question every buyer should think through.

Luckily now there are recently unavaible options to cost effectively insure silver bullion and other precious metals stored at home or elsewhere perhaps. You can click here to learn for further information on home silver bullion insurance. Yet still, knowing how to effectively hide and store bullion remains critical to avert issues and potential theft or danger regardless.

This article may seem to be common sense, but there are some ideas presented here which you might never have considered before.

Some ideas presented may sound silly, and certainly some also may be unsound given one's particular specific situation. 

Think of this merely as a thought exercise. A place to brainstorm and have space to think about potential safe silver storage solutions.

Unlike gold bullion, palladium bullion, or platinum bullion products, the silver bullion products investors buy are way more affordable per troy ounce (80 to 55 times less expensive vs the aforementioned other physical precious metals).

Silver bullion is also less dense and thus takes up more room or space in terms of square footage when safely storing silver vs the three other physical precious metals we just mentioned.


How to Hide Silver Bullion Safely How to Store Silver Safely SD Bullion SDBullion.com


For those readers who have never had the privilege of taking possession of physical silver bullion, let us give you a few examples of the amount of space silver bullion takes up.

As an example, many government mints strike silver bullion coins. There are also many private mints which strike silver bullion rounds (these look like coins yet they cannot have legal tender face values and therefore referred to as rounds in the silver bullion industry). Finally there are also silver bullion bars which are mostly produced by private silver mints yet also the Royal Canadian Mint strikes gorgeous silver bullion bars as well (e.g. 10 oz and 100 oz).

You can get a sense of the size of these various silver bullion products in the image below.

The bottom left product is simply a US Mint Tube containing 20 of 1 oz American Silver Eagle Coins contained.


How to Store Silver Bullion Safely How to Hide Silver Bullion SD Bullion SDBullion.com


For decades now, the most popular of all silver bullion products (between all silver bars, silver rounds, or silver coins) has and still remains the 1 oz American Silver Eagle Coin (in terms of sheer troy ounce sales volumes).

When buying them in bulk allotments of 500 oz, Amercian Silver Eagle Coins arrive in US Mint cases (i.e. often also nicknamed ‘Monster Boxes’) which weigh about 40 pounds in total weight.

Below you can see them being produced at the US Mint’s West Point facility.



A mint case of American Silver Eagle coins has 25 protective mint tubes which contain twenty 1 oz American Silver Eagle coins apiece, for a total of 500 oz.  

Below are some looks inside of a box of 2009 American Silver Eagle Coin mint box.


US Mint Case monster box interior Mint Tubes Closed Silver Eagle Coins SD Bullion SDBullion.com


If these green ‘Monster Boxes were stripped of all their protective interior items and silver coins, they could store abou 1,000 oz in 100 oz silver bullion bars.

This statement simply confirms the point that larger silver bullion bars are the most space-efficient method for stacking silver bullion.


US Mint Case monster box interior Mint Tubes Open Silver Eagle Coins SD Bullion SDBullion.com


If your silver bullion storage space is at a premium or very scarce yet you are moving a large amount of capital into silver bullion, you might consider simply buying larger silver bullion bars over government issued silver coins as they take up perhaps up 50% less space without mint cases, mint tubes, or coin protective acrylic coverings.

If space is at a premium yet you still want silver bullion coins, note too that the Canadian Silver Maple Leaf Coin cases are more space efficient than American Silver Eagle cases.

Silver Maple Leaf Coin boxes also have inlays in their box tops to make stacking them on top of one another a bit more sturdy than other silver bullion boxes (not absolutely necessary as again each box weighs about 40 lbs. And are therefore sturdy regardless in stacks.

Take a look at the difference below, each box contains 500 oz of fine silver bullion coins each. The yellow box on the left contains 500 oz of Royal Canadia Mint Silver Maple Leaf Coins, while the green case on the right has 500 oz of American Silver Eagle Coins.


Silver Eagle coins US Mint Box vs Canadian Maple Leaf Silver Coin Box SD Bullion SDBullion.com How to store silver safely how to hide silver bullion


Now we will discuss some intelligent ways to store silver bullion safely and with care for the long term. We will first start with home silver storage options, ideas, and tactics for safety.

Further along we will even discuss proven outside of home silver storage options with non-bank depositories, potential bank safe deposit boxes (with 3rd party insurance options), to even more aggressive tactics some might utilize in storing silver bullion in bulk at a cheap price outside one’s own property.

To begin let’s start with what every silver bullion buyers should start with. Take direct delivery first. Even if it is a small amount of silver bullion to begin. 

Taking physical delivery of your silver bullion is perhaps the most rewarding part of the purchasing experience.

Direct physical possession gives the silver bullion investor a fuller understanding of the real value of tangible monetary assets and bolsters a silver bullion buyer's experience and industry understanding on processes and expectations.

The knowledge of having private silver bullion savings within reach helps many citizens have steady sleep-filled nights in our current times where debt / fiat currency expansion, monetary debasement in real terms, and economic ruin may be ahead for many who might choose to remain oblivious to the facts and basic arithmetic.

It is often touted that silver bullion is one of the only remaining financial assets which do not require the performance of a third party for their value. Many experts within the sector describe physical silver favorably as not having “counterparty risk”. This riskless description is correct in the sense that silver bullion will never become worthless.

Yet silver bullion always has one major counterparty risk inherent to it… theft.


NOTE: This is article is for educational purposes alone. SD Bullion does not recommend or endorse any of the listed storage ideas in this report. The following are merely examples of storage ideas aimed to spark the creativity within you and help uncover the nearly limitless array of options available.  


The very real threat of one’s silver or gold bullion being physically stolen from its rightful owner(s) be it by strangers, a rogue government, or most likely... someone within one’s circle of familiarity. The latter being the most likely sadly.

Silver bullion in one’s home is typically either stolen by loved ones or those who learned about the silver through someone close to you. It is safest that the only ones who might know about any silver bullion you may or may not hold are your spouse, older age dependants possibly, and if large enough a trusted executor and legal will documentation (accidents do happen).

The following article below the price charts is not meant to scare you, but perhaps sober you up on the topic of intelligent and safe silver bullion storage. It covers an ugly incident which occurred in British Columbia in early 2011, as the price of silver was rocketing higher in both US and Canadian dollar terms. More than likely, loose lips helped lead to the man’s silver bullion stash being robbed with force.


Canadian price for Silver 2011 SD Bullion SDBullion.com    Silver 2011 price US dollar high silver 2011 SD Bullion SDBullion.com

How to Store Silver How to Hide Silver SD Bullion SDBullion.com

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Silver bullion is virtually untraceable, even if you would have silver bar ID numbers, the ability to liquidate bullion is extremely easy in the world we live in. In other words, if someone steals your silver bullion savings, you may be completely out of luck.

With the threat of robbery or possible home invasion in mind, we are about to discuss some creative options to safeguard your silver bullion holdings. In order to do this well, you literally have to think like a would be criminal.

No, we’re not going to tell you to buy a home safe and you are done. Hidden home safes are fine, it may even be good to have a small more obviously located decoy safe with a reasonable amount of silver bullion you would be willing to part with if the worst came to pass.

What we will discuss below are come other ‘out of the box’ creative solutions to diversify one’s silver bullion hidings using some standard objects and locations within a dwelling. Again these are simply ideas for you to brainstorm with, not advice.

Virtually any all living spaces have great hidden locations no thief would ever think to look into and or have the potential to find. Most thieves who break into homes, try to do so when you are not home (lessons the chance of their getting shot and killed or other violent confrontation).

Most are simply desperate people who simply want to take things of value as fast as they can.


COMMON SENSE WARNING: Stay OFF Social Media with Your Silver Bullion Stash Identities

Sensible silver bullion owners should refrain from posting their stashes on social media websites.

If you still chose to fraternize within the silver bullion buying community in such a way, please do take some necessary common sense precautions.

Use a dummy account which never shows your face or location, etc.

Of course there is a healthy silver Youtube video channel community out there that loves to show off their silver bullion acquisitions to one another and discuss related topics. This is likely still somewhat safe to engage in so long as one merely gives away their voice and only close up shots of a few silver bullion items here and there (i.e. never a detailed imaging of the interior or exterior of their abode). Your location and address should always stay ambiguous.

Below is a recent example of a customer who is obviously did all the aforementioned safety precautions for his video.


Before we begin with home silver bullion storage location ideas, we must stress a couple other points of importance.

None of these ideas are fail-safe. They are merely meant to incite ideas. You yourself will have to decide what makes best sense for your silver storage needs.

Know that vitually any and all living dwellings have empty hidden spaces between walls, under stairwells, between floors, etc. 

Your options are often limited to your creativity and specific circumstance.


Silver Bullion Location Diversification

Even if all your silver bullion is stored within your property or living space, silver stash location diversification is important if the worst were to come to pass in order to possibly limit the risk of losing everything all at once.

Having your silver bullion hidden in multiple spots is prudent so long as they are well hidden and you (and perhaps a trusted loved one, or locational descriptions in a legal will) are able to keep track of their exact locations.

Onwards with some ideas for potential silver bullion hiding spots.


Furniture


Modern, mass-produced covered chairs, sofas, and ottomans disassemble easily and reassemble quickly without showing signs of tampering and can be fitted with easily accessible hidden pockets.

The staples, screws, or pins used to secure the upholstery to the underside of the unit’s frame can be removed or loosened, depending on what you want to hide within their frames.


Speakers

Speaker How to Store Silver hide silver SD Bullion SDBullion.com


Stereo speakers often come in a number of useful shapes and sizes which can be easily opened and stashed with gold or silver coins in the unused space they often have within.

Careful here if you have an expensive stereo system. More than likely, most thieves like music too and high end stereo speakers are not cheap (they might get stolen).


False-bottom Drawers

The false-bottom drawer or secret cupboard is still a useful way of quickly stashing some silver bullion. Don’t get greedy and try to block off 90 percent of the drawer’s total area though. Perhaps use several narrow hides rather than one large, obviously altered one.

Converted drawers and cupboards should also contain plenty of junk to hide their underlying conversions from would be thieves.


Kickboard


Typically an option for the kitchen, the kickboard hide is worth a mention. These kickboards are the piece of finishing wood or molding at the base of kitchen units, cabinets, and so on.

The kickboard is easily removed for access to considerable space behind and underneath the aforementioned kitchen accompaniments.

The kickboard can then simply be nailed back into place and re-levered off when re-access to said silver bullion stash is needed.


Hidden Book Safe


Buying large old books in a second hand book store could be an outside the box solution for storing some cash, jewelry, and other silver bullion valuables.


Bed with Hidden Trunk

How to Hide Silver Bullion ideas How to store Silver SD Bullion SDBullion.com

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There are many new bed designs hitting the market today with secret or armored compartments to safeguard your valuables.

If your budget and desire allows, you could even go next level and make your bed’s underlying frame a fireproof safe, able to hold a potential tonne of large silver bullion bars if needed.



Burying Bullion

Buried Treasure Silver Stacker Stash SD Bullion SDBullion.com Silver Bars


Sometimes treating your bullion like a pirate may make more sense than having others look after it.

If you want to have bullion hidden yet not under the roof of your house, burying it may make some sense especially, if you have a lot of land.

When to possibly bury silver bullion?

This refers to the time of day, week and year. The more secretive you want to be, the later and more quiet the hour of digging will be required. Dawn, dusk, after midnight would be a good idea.  Avoid the winter or spring months. The soil is soggy in the spring and hard in the winter. Think of digging ahead before actually burying your goods.

Where to potentially bury silver bars, coins, or rounds?

Three important points to consider about where to possibly bury silver bullion: location, accessibility, and security.  

Creative locations with not very obvious landmarks should be considered.  Treasure hunters and law enforcement officials know that humans use close landmarks for reference points so be as creative as possible when selecting your landmarks.

Accessibility refers to how easy it is to access your goods. If burying within your personal property, you will have to dig at least 10 feet to avoid metal detectors and be beyond law enforcements limits for digging. For the urban and suburban survivalist the cache should be at least ten miles from a population center like a small town and no more than 30-40 miles from home. Don’t waste time looking for likely spots, use a map and perhaps a GPS device.

Security refers to the measures you take to cover your tracks when you select a burial spot or are doing the actual burying. Use low reflection equipment, make sure no one is following you and make as little noise as possible.

Off Property Silver Storage Ideas

There are various proven third party non-bank bullion depoitory services we can provide customers who have interest in direct fully insured bullion storage either domestically (here in the USA) or abroad (in safe jurisdictions).

Often people think to simply store some silver bullion in a Bank Safe Depository box yet there are some important additional details (insurance, access, privacy) to consider with that option.

Some of the cheapest off property (yet uninsured) options for storing lots of silver bullion in bulk may simply be renting a self-storage unit although this has inherint risks associated as well.

Conclusions on Safely Hiding Silver Bullion

Perhaps you aren’t going to grab your shovel and treasure map right now.

Admittedly some of the aforementioned suggestions will not fit your circumstance and are for mere entertainment purposes.

The point of this "How to Store Silver Bullion" article is that one can be conservatively creative utilizing sensible locations to conceal silver bullion stashes.

Discretion and common sense are paramount here. If you have dependents, make sure you always have a legal will and directions on how to find any and all hidden treasures.

Consider too new home insurance policy offerings for silver bullion options now available.

As well possibly using direct non-bank fully insured silver bullion storage depositories for diversification and wealth protection. 

Thanks for visiting us at SD Bullion.


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