But I'd like to hear of people's experience with these deposit boxes - are they commonly susceptible to theft? (e.g. So in the event of a house fire, all contents inside a home safe could still be destroyed.Īt the moment, I'm leaning towards the option of a bank safe deposit box (it will cost me $300 annually). Then again, even so-called 'fire-proof' safes aren't heat resistant - metals, electronics, and other such things could melt at high temperatures inside a safe, even if they do not catch fire. Currently, my neighborhood is pretty safe, so I'm not worried about burglary as much as I am a house fire. On the other hand, I could get a home safe, but the main disadvantage is that I cannot bolt it to the ground (we only have hardwood and carpet flooring - no basement concrete slab or anything). If you currently use a safe deposit box, has it been safe and free of problems in your experience? And since items stored in SDB usually aren't insured, the owner often loses everything (liability suits against the banks were uphill battles). I have heard horror stories about safe deposit boxes where items were stolen and/or went missing. I'm thinking of either obtaining a fire-proof home safe to safely store them in, or put them in a bank's safe deposit box. The antique watches are priceless and irreplaceable, and since I store them for collection purposes only, I do not use or wear them like I do my modern wristwatches.

Where do fellow WUSeekers keep their collection? I have amassed quite a collection of modern and antique watches.

Bank safe deposit box vs home safe