I've always thought of safety deposit boxes just like the cloud: convenient and risky. You're essentially giving your valuables to a third party you can't trust.
They still have their uses, but that use isn't valuables.
My gold coin dealer has been warning of the same thing ever since we first started doing business.
Physical possession and the means to protect it has always been his advice.
Police and FBI love, love, love asset forfeiture!
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