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 Gold $1,662.30   $-0.30  Silver $19.08   $0.30  Platinum $870.40   $-2.80  Palladium $2,194.00   $-42.10

Although a secure place such as a vault is the safest place to store precious metals, some gold investors prefer to keep their gold at home. However, if you choose home storage, there are several important things to consider, and the top concern is where to keep your gold so it’s safe. The experts from First National Bullion, the gold dealers Carlsbad collectors trust for high-quality service and exceptional knowledge, offer a quick look at some of the best places to hide gold in your home.

The Freezer

Freezers are essential appliances found in virtually every home, whether it’s a house or an apartment. This option is particularly convenient because you won’t have to make any structural modifications to your home. Food packaging, such as frozen vegetable bags and ice cream containers, can easily be used to hide your gold, and you’ll also be effectively fireproofing it in the process. The freezing temperature alone will have a preservative effect. Space may be a limiting factor, but because thieves don’t usually target freezers, you can use yours as a discreet secondary option for storing your gold.

Garden Pots

Large garden pots are often dense and heavy, which can make them ideal places to store gold in larger quantities. The bases can be modified to feature compartments that aren’t visible and provide enough space to accommodate numerous coin tubes or even gold bars. Some larger pots weigh as much as several hundred pounds and are made of materials that take a lot of time and effort to pierce or break, which reduces the likelihood of theft.

Litter Boxes & Dog Beds

Cat litter boxes and dog beds offer ideal spaces for hiding your gold. Their appearance and smell can be enough to deter any thief, and they can be modified to contain several embedded layers that provide plenty of space for discreet gold storage. The only spatial limitations you’ll face are the width and depth of the box or bed. Make sure to reinforce the bed or box to protect your pet, line the storage space with waterproof material to protect your gold, and reassemble it.

Remember that if you don’t feel safe using any of these storage methods, you can always opt for secure and insured vault storage. For information on any aspect of buying, selling, and owning precious metals, call on the experts at First National Bullion and Coin. If you’re looking to buy Carlsbad gold and bullion, you can trust our reputable dealers. We’re a boutique precious metals firm with experienced professionals, and we work hard to keep our investors informed with the most up-to-date market intelligence. If you’re looking to add precious metals to your portfolio, call us today at (760) 253-8072.

The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.

By |2022-04-03T22:47:48-07:00April 4th, 2022|Miscellaneous|0 Comments