Guess What Is Selling Like Hot Cakes: Security Safes

August 13, 2011 4:28 pm

We spotted this today:

“Amid the market turmoil, sales of security safes and vaults have spiked. While some shoppers sought to protect whatever valuables they had left, others needed a place to stash their newly-acquired safe haven assets such as gold and cash.
Port Charlotte, Fla.-based Value Safes said it sold an average of $13,000 in safes a day in the past week, more than tripling its daily average of $3,500 from the previous week. On Amazon.com (AMZN, Fortune 500), SentrySafe’s $170 1.2-cubic foot combination safe was among the site’s biggest “movers and shakers” Friday, with sales rising 44% over the past 24 hours.

Maximum Security, which sells safes for jewelry, coins, guns and other valuables, said it has seen demand climb by more than 30% over the past two weeks.”

Statistics Source: CNN Money

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