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Storing luxury watches in a Safety Deposit Box
Luxury watches are often considered to be more than just a time-keeping device. They are seen as status symbols and investments that can hold their value over time. If you are a proud owner of a luxury watch, you want to ensure that it stays in the best condition possible. This is where a safety deposit box comes into play. Storing your luxury watch in a safety deposit box not only protects it from theft, loss or damage, but it also ensures that it stays in pristine condition.
In this article, we will explore the benefits of storing your luxury watch in a safety deposit box, including the reasons why it is a smart choice for watch collectors and owners alike.
Why Store Your Luxury Watch in a Safety Deposit Box?
- Protection from Theft: Luxury watches can be incredibly valuable, making them a prime target for theft. By storing your watch in a safety deposit box, you ensure that it is protected from theft and other security risks. The boxes are designed to be impenetrable and are typically kept in a secure location, such as a bank, making them one of the safest places to store valuable items.
- Protection from Damage: Luxury watches are often delicate and can easily be damaged if they are not stored properly. A safety deposit box offers a controlled environment that is free from temperature and humidity fluctuations, ensuring that your watch stays in pristine condition.
- Insurance Coverage: Many safety deposit boxes come with insurance coverage, which can protect your watch in case of loss or damage. This can give you peace of mind, knowing that your watch is insured and will be protected in case of an unexpected event.
- Privacy: Storing your luxury watch in a safety deposit box gives you the privacy and confidentiality you need. You don’t have to worry about someone seeing your watch or knowing its value, as it is stored in a secure location that is only accessible to you.
- Convenient Access: Safety deposit boxes are typically available 24/7, allowing you to access your watch whenever you need to. This makes it easy to check on your watch, to have it serviced or to show it to someone special.
- Off-Site Storage: By storing your luxury watch in a safety deposit box, you ensure that it is stored off-site, reducing the risk of theft or damage in case of a natural disaster or break-in.
- Affordable: Many people believe that safety deposit boxes are only for the wealthy, but this is not the case. There are many affordable options available, making it accessible for everyone to store their luxury watch in a safe and secure environment.
Why Choose a Safety Deposit Box Over Other Storage Options?
While there are many storage options available for luxury watches, a safety deposit box is the best choice for several reasons.
- Increased Security: Safety deposit boxes are designed to be impenetrable and are kept in a secure location, making them one of the safest places to store valuable items.
- Controlled Environment: The controlled environment of a safety deposit box ensures that your watch stays in pristine condition, free from temperature and humidity fluctuations.
- Insurance Coverage: Many safety deposit boxes come with insurance coverage, which can protect your watch in case of loss or damage.
- Privacy: Storing your luxury watch in a safety deposit box gives you the privacy and confidentiality you need.
- Convenient Access: Safety deposit boxes are typically available 24/7, allowing you to access your watch whenever you need to.
- Off-Site Storage: By storing your luxury watch in a safety deposit box, you ensure that it is stored off-site
Storing luxury watches in a safety deposit box is an excellent way to protect one of your most valuable assets. A safety deposit box provides a secure and safe location to store items of sentimental or financial value, and this is especially important for luxury watches.
One of the main advantages of storing luxury watches in a safety deposit box is security. Safety deposit boxes are typically located in secure facilities and are protected by various security measures such as surveillance cameras, biometric identification, and multiple locks. This helps to ensure that your luxury watch is protected from theft or damage. Additionally, safety deposit boxes are usually located underground or in a secure area, which adds an extra layer of protection.
Another advantage of storing luxury watches in a safety deposit box is climate control. Luxury watches are delicate and can be affected by extreme temperatures and humidity levels. Storing them in a safety deposit box helps to protect them from the elements and ensures that they are stored in a controlled environment. This can help to extend the life of your luxury watch and maintain its value.
Luxury watches are also subject to wear and tear over time, and storing them in a safety deposit box can help to reduce the risk of damage. When not in use, luxury watches should be stored in a secure and protected location, and a safety deposit box is an ideal solution. This helps to ensure that your luxury watch is in good condition when you want to wear it or sell it in the future.
Another reason to store luxury watches in a safety deposit box is for insurance purposes. Many insurance policies require that valuable items be stored in a secure location, and a safety deposit box meets this requirement. This means that if your luxury watch is damaged, lost, or stolen, your insurance policy will provide coverage, giving you peace of mind.
In conclusion, there are many advantages to storing luxury watches in a safety deposit box. Whether you want to protect your luxury watch from theft, damage, or the elements, or you simply want to ensure that it is stored in a safe and secure location, a safety deposit box is an excellent solution. With its high level of security, climate control, and protection against wear and tear, storing luxury watches in a safety deposit box can help to preserve their value and ensure that they are in excellent condition for years to come.
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How do I Choose the Right Safe Deposit Box?
Not all safety deposit boxes are good. When choosing a safe deposit box facility to store your valuables, the main factors to consider are Security, Accessibility and Pricing.
A good safe deposit box service will ensure that your valuables are guarded and protected at a high level. As a minimum the facility should use an Internationally Graded Vault (of a high level and from a reputable supplier), employ CCTV Cameras which are Monitored, have Patrolling Guards, use Biometrics and Chip and Pin Authentication.
The safety box service should also be securely, discreetly and conveniently located to allow you to enter and exit without being noticed. Since people are susceptible to greed, you should not be exposed to anyone when accessing your box. Every human being that you are exposed to, undermines your security and safety.
A quick web search will confirm that most safe deposit vault thefts occur because of vault employees.
A good safe deposit box facility should be accessible 24 hours a day, 365 days a year. This way you can access your valuables when it is convenient for you without compromising security.
Finally, a safe deposit box facility has to offer value for money. If you choose an offering that is too cheap, the chances are high that you are compromising either security or accessibility.
If you choose a facility that is too expensive, then storing your valuables offsite won't be worthwhile.
Why is Capital Vaults the best Safe Deposit Box?
Exceptional Security
Your valuables are stored in a Level 7 vault - supplied and installed by Gunnebo, the leading vault manufacturer in the world. The vault is located where there is onsite security, patrolling guards, actively monitored CCTV cameras, single entry and exit point, priority police response and numerous other layers of security to make theft highly unlikely.
The Most Advanced Safe Deposit Box
The latest vault technology is used to offer you the safest safe deposit box experience ever. Advanced robotics ensure that you and your box are never watched. Robots are always accurate and they never steal. ZERO HUMAN INTERACTION means that your valuables are far more secure than they would be at a facility managed by people. No People Equals No Theft.
The Safer Safe Deposit Box
Advanced Security
We use the latest technology with the highest graded vaults (Level 7) from Gunnebo. Since they are the world leaders in Vaults (all South African Banks use them) you can rest assured that your valuables are safe.
Biometrics and Chip and Pin
Your access is authenticated by stringent biometrics and Chip and Pin protocols that cannot be overridden. This means that once you box is allocated to you - we no longer have access to it. No one but you will have control of your safe deposit box.
24/7/365 Access
You can access your safety deposit box 24 hours a day, 365 days a year. And we have no limitations to the number of times your can transact. Transacting is based on your availability.
Secure, Discreet and Convenient Location
Our facilities are in highly secure, discreet and convenient locations. They also offer camouflage so that no one knows that you've come to your vault.
No Human Interaction
Although we have staff to assist, should you require it, you never have to interact with a human being in order to access your secure locker. No humans equals No Theft.
6 Eye Protocol
Our robots are the only ones allowed inside our vaults with your valuables. Even if we wanted to get into the vaults, we would need a total of 3 independent persons to do so. These controls have been hard built into the vaults to give you complete peace of mind. Because No Humans Equals No Theft.
How does it work?
After authenticating your credentials, you instruct the terminal to call up your box (like an ATM).
The Terminal instructs the Robotics to call up your box from inside the secure vault.
Your box is brought to the terminal through the vault and secure shafts.
You transact and deposit your box back the way it came once you're done.
Enter and Transact
To access your valuables, you simply enter one of our Privacy Suites at any time of the day.
Use your allocated chip card, enter your chosen pin number and scan your registered fingerprint.
The terminal will then call up your safe deposit box from the vault and you can transact with peace of mind.
Our Privacy Suites look like luxurious lounges because we want you to feel comfortable and at peace while accessing your valuables. Each Suite has a money counting machine, a counterfeit note detection light and a scale - just to make your visit more convenient.
Deposit and Exit
When you're done, simply press deposit at the terminal, and your safety deposit box will be returned to the vault securely. You can now exit. Simple as that.
Our Privacy Suites not only look great, but they are very safe. There is a phone linked directly to 24 hour security and a CCTV monitor with cameras covering the OUTSIDE of the Suite. That way you can gauge if there are any threats (as unlikely as it may be), before leaving the Privacy Suite.
How Big are the Boxes and How much do they Cost?
We have four different sizes of boxes and the cost depends on the term you reserve your safety box for.
Select the term (monthly, 1 Year, 2 Years or 3 Years) to see the different sizes and costs. You can even add the box you like to a cart to checkout where you can either pay online or choose to come through and pay onsite once you see the site as well.
FAQ
Frequently Asked Questions and Answers about Capital Vaults
How Long Will My Application Take?
We review and approve your application within minutes. This means you can access your Safer Safe Deposit Box immediately.
How Often Can I Access My Safer Safe Deposit Box?
You can access your safer safe deposit box as many times as you would like – 24/7/365.
What documents do I need to sign up?
We don’t need any documents from you in order to allocate a box to you. We just need your email address and your contact number so that we always have a verified channel to contact you on.
What Can I Store in My Safer Safe Deposit Box?
People choose to keep many different things in their safer safe deposit box, but most tend to store possessions that are difficult to replace or hold sentimental value.
A few examples of this would include include:
Wills, Jewellery, Birth Certificates, Passports, Krugerrands, House deeds, Hard drives, Crypto Wallets, Cash, Keys, Gold Antiques, Family Heirlooms.
How Much of Privacy Will I Have When I Access My Safety Deposit Box?
Safe Deposit boxes are delivered securely and robotically to our Privacy Suites where you will have complete privacy.
What Happens to My Box and Contents if I Pay My Rental Fee Late?
If your safe deposit box rental fee is paid late, your contents will still be stored securely in our vault for a minimum period of 180 days. You will however not have access to your box during this period until your account is brought back to order.
If Your System is Automated, Does That Mean That My Box Can be Hacked?
Our vaults are completely isolated from the Internet and because of this, they CANNOT be accessed or hacked.
They were also built to the highest standards by, Gunnebo, one of the leading manufacturers of safes and vaults worldwide.
What Happens to My Box and Contents if I Pay My Rental Fee Late?
If your safe deposit box rental fee is paid late, your contents will still be stored securely in our vault for a minimum period of 180 days. You will however not have access to your box during this period until your account is brought back to order.
