Best Gold Safe: A Complete Guide and List for Home Storage

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Last Updated on: 27th August 2024, 09:33 pm

We searched dozens of the most highly secure gold safes to come up with our list of the best gold safes currently available online. The safes were valued for their dimensions, resistance to fire and water, and value for the price. Specific features such as the internal fittings and the possibility of anchoring were also considered.

Gold is a valuable and sought-after precious metal that has been prized for its beauty and unique properties for centuries. It is a common choice for jewelry, coins, and other decorative items, and it is also used in various industrial and medical applications. Perhaps more importantly it's a great store of wealth and a hedge against inflation.

However, storing and protecting gold can be a challenge, as it is valuable and can be easily stolen or damaged. That's where a gold safe comes in. A gold safe is a specialized type of safe that is specifically designed to store and protect gold and other valuable items. 

In this article, we will review some of the best gold safes on the market to help you find the perfect one for your needs. Remember that if you are going to hold gold in your IRA you may find that it is particularly complicated. 

The IRS establishes very strict rules as to where your gold may be stored. Breaching those rules may mean your gold is no longer considered for the tax exemptions inherent to your IRA. You may also have to pay penalties.

Best Gold Safe: First Tier

These safes are at the top end of the market and offer all the security features you would expect to protect your gold from potential theft or damage. They are also considerably larger than an average gold safe. So, check the dimensions before making a final decision.

1. Steelwater AMSWFB-1054 9.57 Cubic Feet (Rating 5 out of 5 stars (5 / 5) $2,329)

Steelwater gold safe

This is a top-of-the-range gold safe that has an extremely high level of fire resistance. The safe can withstand up to 2 hours of fire at a smoldering 1,850°F. The safe is water resistant rather than waterproof.

However, most safes have a low resistance to water, often only a few inches. We say this aspect is compensated by two factors. The sturdiness and difficulty of breaking into this safe, plus the fact that it can be anchored to the floor. 

These features make this the most secure option we could find and with plenty of space to store other valuable items as well as gold. The inside of the safe is spartan and comes with two shelves. The inside walls have many holes close together, so you can select the perfect height for the shelves.

Internal Dimensions 35 3/8” x 21 7/8” x 21 3/8”     
External Dimensions41 ¾” x 28” x 29”

  • Can be anchored to the floor
  • Water-resistant
  • 2 hours fireproof at 1,850°F
  • Weight 755 lbs.
  • Made of alloy steel and fireproof concrete
  • Combination lock type

Check Amazon

2. Honeywell Safes & Door Locks 2.39 Cubic Feet (Rating 4.4 out of 5 stars (4.4 / 5) $1,475.00)

honeywell gold safe

This is our second choice for the top-tier gold safes. This model is also fireproof at 1,850°F for 2 hours. But it's waterproof rather than resistant and can be fully submerged in water. As the manufacturer claims, it’s the only steel safe that’s fully submersible and still waterproof.

The safe has a special mechanism built into the inside to allow you to anchor the safe down while keeping its fireproof and waterproof qualities. The only downside we see to this safe is the comparatively smaller size, only 2.39 cubic feet.

The inside is spartan and comes with two shelves which are adjustable to 3 different heights. The door has two live and two dead steel locking bolts. The hinges are concealed and pry-resistant.

Internal DimensionsNot Specified
External Dimensions21.6” x 18.1” x 27.8”

  • Can be anchored to the floor
  • Waterproof
  • 2 hours fireproof at 1,850°F
  • Weight 214 lbs.
  • Keypad lock
  • Made of 2609 steel

Check Amazon

Best Gold Safe: Mid-Tier

Here is our selection of the best mid-tier gold safes.

3. SentrySafe Fireproof and Waterproof 4.71 Cubic Feet (Rating 4.3 out of 5 stars (4.3 / 5) $777.33]

sentrysafe gold safe

This Sentry safe takes the top spot in the mid-tier range. For a reasonable price, it offers a high level of protection against fire. Able to withstand 1,400° F for 30 minutes. It is also waterproof for up to 72 hours in 12 inches of water.

The safe comes with a bolt-down kit creating extra security for your gold and valuable items. It also comes with override keys in case you forget your password. The 3 internal shelves are at a set height and can hold up to 30 lbs. of weight at the center.

Considering the price, it has a lot of room with 4.71 cubic feet of internal space. The structure is solid and the weight and bolt-down mechanism make this an extremely hard safe to breach.

Internal Dimensions35.7” x 19.42 x 11.7”
External Dimensions37.7” x 21.72 x 19”

  • Can be anchored to the floor
  • 72 hours waterproof in 12 inches of water
  • 1/2 hours fireproof up to 1400° F
  • Made of alloy steel
  • Weight 217 lbs.
  • Touchpad lock

Check Amazon

4. Tenamic Deluxe Biometric 3.02 Cubic Feet (Rating 3.9 out of 5 stars (3.9 / 5) $311.99)

tenamic gold safe

The Tenamic Deluxe Biometric is our second choice for the mid-tier range. Although it doesn’t have waterproof or fireproof specifications it has a high level of security and internal fixtures. The safe can be locked and opened using a fingerprint, combination, or key.

There’s also an external battery supply in case you run out of batteries. The inside of the safe is lined with leather to protect your delicate valuables. It also comes with a separate internal safe box and a leather bag.

The hinges are concealed and pry-resistant. However, this safe lacks the capability to anchor it to the floor. 

Internal Dimensions15.4” x 11” x 12.6”
External Dimensions14” x 15.8” x 23.6”

  • Not water resistant
  • Not fireproof 
  • Made of alloy steel
  • Weight 66.1 lbs.
  • Combination, fingerprint, and key lock

Check Amazon

Best Gold Safe: Entry Level

Here is our selection of entry-level gold safes.

5. SentrySafe Dial Combo Lock 1.23 Cubic Feet (Rating 4.5 out of 5 stars (4.5 / 5) $224.99)

Dial combo gold safe

The SentrySafe Combo Dial Lock is our top pick for the entry-level range gold safe. Despite the small size, this safe still comes with all the top security features. It incorporates a bolt-down mechanism allowing for extra security.

And the safe is waterproof for 24 hours up to 8 inches of water and fireproof for 1 hour up to 1700°F. The safe comes with one interior shelf which is adjustable to any height. It also has a door pocket and a key rack.

Internal Dimensions12.6” x 11.9” x 13.8”
External Dimensions16.3” x 19.3” x 17.8”

  • Can be anchored to the floor
  • Waterproof for 24 hours up to 8 inches of water
  • Fireproof for 1 hour at 1700° F
  • Made of alloy steel
  • Weight 86 lbs.
  • Combination and key lock

Check Amazon

6. TIGERKING Security Home Safe 2.05 Cubic Feet (Rating 4.6 out of 5 stars (4.6 / 5) $298.99)

tigerking goldsafe

The second choice for an entry-level gold safe goes to this TIGERKING model. The safe has a digital combination and key lock. It’s made of alloy steel with concealed hinges that are pry resistant. The safe comes with an alarm that is activated if the safe is vibrated or if three incorrect attempts to introduce the password are made.

The inside has an extra box of small dimensions and is padded to protect your more delicate valuables. This is an entry-level safe, so the space is limited and there is no bolt-down mechanism nor is the safe waterproof or fireproof.

The quality of the build and the extra storage space are the factors that made us choose this model over others. Despite the slightly higher price tag, it gives a high level of break-in security with six live steel bolts.

Internal DimensionsNot Specified   
External Dimensions13” x 15.8” x 23”

  • Not water resistant
  • Not fireproof 
  • Made of alloy steel
  • Weight 59.5 lbs.
  • Combination and key lock

Check Amazon

Conclusion: The Best Gold Safe on the Market

Our pick for overall winner goes to the SentrySafe Fireproof and Waterproof. With 4.71 cubic feet, it has plenty of space to store your gold. It can also be bolted down to the floor making it even more secure. 

For the price, it provides excellent value for the money considering it's both fireproof and waterproof. And the size and weight, at 217lbs, together with the bolt-down feature, makes it almost impossible to simply carry away.

Frequently Asked Questions

Here are the most frequently asked questions when looking for the best gold safe.

A: When looking for a gold safe, consider factors such as size, weight, durability, security features (e.g. locks, alarms, fire resistance), and price. 

You should also think about where you will be placing the safe and how you will be using it.

A: While a regular safe can certainly provide some protection for your gold, it may not have the same level of security and specialized features as a gold safe.

A regular safe may also not be optimized for storing and protecting gold, which can be more delicate and prone to damage than other items.

A: The cost of a gold safe can vary widely depending on the size, features, and quality of the safe. Prices can range from a few hundred dollars to several thousand dollars or more.

A: Yes, many gold safes are designed to store and protect a variety of valuable items in addition to gold. This can include items such as jewelry, coins, documents, and other precious metals.

A: Some gold safes are designed with fire resistance features that can help protect your gold from fire damage.

Gino D'Alessio
Gino D'Alessio

Gino D'Alessio is a broker/dealer with over twenty years experience in various OTC markets such as bonds, FX and derivatives. He is currently a financial markets and investments writer & analyst.

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