Panama Safety Box Fills a Unique Need in the Playa Communities
Sean Ortega a 30 year Information Technology veteran, moved to Panama from Texas. "I wanted to do something different with my life", says Sean. Doing something different meant purchasing the Panama Safety Box business located on the 2nd floor of Coronado Mall. "People need boxes for important documents", says Sean. "Stocks, wills, deeds, precious metals". Having a safety box outside your home keeps your valuables safe from fire or robbery. The Panama Safety Box store is secured by multiple solid steel doors, 24 hour surveillance camera, 24 hour alarm system and by police and mall security. With banks in the area not providing safety box services, Sean's business fills a unique need at the beaches.
Safety Boxes is not all Sean sells. Being a passionate believer in the investment value of gold and silver, Sean also sells gold and silver. "Our American Silver Eagle have a face value of $1. They are the most popular item as they contain full ounce of silver and are inexpensive to get into. People buy them to hedge against the decline of paper currency". While fluctuting market rates determine the price of silver At current market rates, a Silver Eagle is available for around $30, also making it a memorable gift. "We are the only people dealing with silver here in Panama", says Sean, "most people are focused on gold coins and gold bars." Sean prefers to sell coins as gold bars are easy to counterfeit but it is very difficult to counterfeit a gold or a silver eagle. "I am convinced that silver is a better long term investment than gold as the historical ratio of gold and silver prices is 1:15", says Sean. "Today, it is 1:60 giving silver much greater upside potential than gold when the inevitable correction occurs. It is much more likely that silver will go to $100 an ounce than gold to $8000 an ounce".
Sean has also acquired the exclusive distribution rights in Coronado and surrounding areas for genuine Cuban cigars. This includes Cohiba and Monte Cristo and others. A selection is available at Panama Safety Boxes' office.
Yet another service Panama Safety Box offers is helping people get their gold and silver validated