Comments on: FDIC, 911, and Why Michael Maloney Doesn’t Use a Safe Deposit Box (Video #4) http://larrycorbi.com/question4/ Tue, 15 Feb 2011 16:06:41 -0800 http://wordpress.org/?v=2.8 hourly 1 By: Joanne G. Apat http://larrycorbi.com/question4/comment-page-1/#comment-32 Joanne G. Apat Tue, 08 Dec 2009 21:39:06 +0000 http://larrycorbi.com/?p=385#comment-32 I do agree with Michael that we are responsible for our belongings and that we should know what's best for our properties. Regardless of their value, things should be well preserved. Much more if they are literally valuable and important. We all heard of safe deposit boxes, but are we really aware of their advantages and disadvantages? Before anything should be done, it is wise to check out the facility or the service first. And insurance is a great option. Look for the facility that insures whatever it is you are trying to preserve so as not to lose its value. Thanks Michael for the eye-opener. Lucky for me, I am not into safe deposit boxes myself. I rather do the keeping myself (one way or another) to be certain my properties are really, really safe. I do agree with Michael that we are responsible for our belongings and that we should know what’s best for our properties. Regardless of their value, things should be well preserved. Much more if they are literally valuable and important. We all heard of safe deposit boxes, but are we really aware of their advantages and disadvantages? Before anything should be done, it is wise to check out the facility or the service first. And insurance is a great option. Look for the facility that insures whatever it is you are trying to preserve so as not to lose its value.

Thanks Michael for the eye-opener. Lucky for me, I am not into safe deposit boxes myself. I rather do the keeping myself (one way or another) to be certain my properties are really, really safe.

]]> By: David http://larrycorbi.com/question4/comment-page-1/#comment-27 David Fri, 13 Nov 2009 10:30:16 +0000 http://larrycorbi.com/?p=385#comment-27 I have a question for Michael Maloney It is about the face value of Government issued Silver and Gold Coins. How are face value of government issued coins derived? Why is the face vale of gold and silver coins appear so low compared to the value of the actual PM itself? Examples:- An Australian 1 ounce gold coin has a $100.00 AUD face value An Australian 1Kg Silver coin has a $30.00 AUD face value I assume that the American Eagle Coins have a similar low face value stamped as well? I have a question for Michael Maloney

It is about the face value of Government issued Silver and Gold Coins.

How are face value of government issued coins derived?
Why is the face vale of gold and silver coins appear so low compared to the value of the actual PM itself?

Examples:-
An Australian 1 ounce gold coin has a $100.00 AUD face value
An Australian 1Kg Silver coin has a $30.00 AUD face value

I assume that the American Eagle Coins have a similar low face value stamped as well?

]]>