You are here:

Antique Safes/Olfs Safe Value



Hello Andy!
Thank you for taking questions.  We 'inherited' a Peter Olfs Safe Co. Safe with a 1940 house built in Grosse Pointe, MI.  It is about three feet tall and has been in a closet for fifty-four years.  We have the combination to work the lock.  We were wondering if its value would be enough that it would be worth doing a formal appraisal before we sell it.  I'll attach pictures.  Thanks so much!


The Peter Olfs Safe Company was in business from around 1904, until sometime around the Great Depression, so while your safe may or may not be an antique, it is a collectible.   As this company was located on Fort Street in Detroit, it is not unusual that someone in the affluent Grosse Pointe suburbs, would have purchased it.   The fact that it has a jewelers chest indicates that the owner was more well off, and probably kept cash, gold or jewelry in the safe.

Before doing a formal appraisal, lets take a look to determine what you actually have.   In addition to manufacturing a small line of safes, Peter Olfs Safe Company also was a distributor for the Detroit Safe Company, and several others including the National Safe Company of Cleveland, OH, which is ACTUALLY what I think that your safe is.

National Safe & Lock Company was in business from 1883 to 1920 when it was acquired by Steelcraft Corp of America.   This company continued to make safes at the factory, though this location was known as the National Safe Division, it also only lasted until the beginning of the Great Depression, around 1929.

In order to answer specific questions, identify, evaluate or appraise your safe, I'm going to need photos.  They should include full exterior and interior.  Detail photos should include pictures of the dial, handles, hinges, artwork, locks, bolt work, castors, cabinetry and any special details or damage.  Note:  You may have to remove the back panel on the door to gain access to the lock & bolt work – I will need these pics.
If you have a particular detail that you have a question about, I will need a photo of it along with your question.

I will also need to see any documentation that you have in regards to your safe.  If your safe has a unique historical perspective, you should be able to document this with letters, newspaper articles or photos, if not it is simply a story and will have no bearing on the value of your safe.

Please use as high a resolution as possible so that I can examine details of your safe.  Pictures which are low resolution, out of focus, or from a distance don’t help when we try to evaluate the container.  Note:  with higher resolution, you may only be able to send 2-4 pictures per email, depending on the size of the file, I have a 10mb limit per email.  If photos are larger than 2mb each, you may only be able to send 2 or 3 photos per email, requiring several emails.

Please don’t send me “cell phone” photos.   Also, please don’t use online, internet photo drops as most of these also don’t allow me to easily access the photos for examination.   Send the pics directly to me, while this may be more work for you, it will make my job easier.

Please send all of the requested photos to:

Note:  As I am in the field several days each week, covering a huge service area, I may not get back to your photos immediately, but I will respond as soon as I get an opportunity.  Due to field work, emails may tend to get backed up which means I may not answer them immediately.

Our informal evaluation is at no charge, however if you feel you need a formal evaluation or appraisal for insurance, estate sales, donations for tax write offs, or to establish it as an antique, there is an administrative fee for this service.  

Antique Safes

All Answers

Answers by Expert:

Ask Experts


Terry V. Andreasen (Andy)


Safe and Vault related Questions; Antique Safe Repair and Restoration; With over 40 years in the Safe & Vault industry, if I can't answer your question I know where to get the answer. Current Project: Restoration of two Tilton & McFarland Safes from the 1860's. Will answer Safe & Vault related questions concerning age, value, restoration, moving, opening & repairing, parts, operation and history. Note: It is not my intention to teach you to open safes or to provide information which may aid in the unlawful opening of a safe. I will not give out drill points or information which I deem inappropriate.


40 years in the Safe & Vault Industry. Service Manager for one of the largest Safe & Vault companies on the West Coast. Graduate of Lockmasters Safe Lock Servicing, Safe lock Manipulation and Safe Deposit Lock Courses. Graduate of Locksmith Institute. Certified Instructor for the California Locksmith Association teaching Basic and Advanced Lock Servicing, Basic Safe opening and Repairing. Factory Trained by AMSEC, LORD Safes, LeFebure, Mosler, KabaMas, LaGard and Sargent & Greenleaf

Safecrackers International and the National Antique Safe Association

Graduate of Locksmith Institute 1972 Graduate Lockmasters Safe Lock Servicing 1974 Graduate Lockmasters Safe Lock Manipulation 1975 Graduate Lockmasters Safe Deposit Lock Servicing 1985 Instructor Certified - California Locksmith Association - 1985 Factory trained by AMSEC, MAJOR, STAR, Johnson-Pacific, Kaba-MAS, Allied-Gary, ISM, Lord, Brown Safe, EXL, Mosler, Diebold.

Awards and Honors
2009 - 2013 Listed in AllExperts top 50 Experts. All Experts Categories - Safes & Security Containers, Locksmithing, Antique Safes. Retired US Army Chief Warrant Officer (CW4), with 39 years of total service. With numerous awards from Vietnam, Desert Storm and Operation Iraqi Freedom. US Navy - 1971-1981 US Army Reserve 1984-2013 US Army Retired

Past/Present Clients
US Secret Service, FBI, BATF, Local Law enforcment agencies, Diebold, Hamilton Pacific, Red Hawk Int., Chubb International, Bank of America, Wells Fargo Bank, Mechanics Bank, El Dorado Savings Bank, many Credit unions and smaller banks. McDonalds, Togos, BurgerKing, TacoBell, Carls Jr. FoodMaxx, SaveMart, Lucky's, Albertson's, Raley's, Safeway, NobHill, Bell Markets, PW Markets. Great America, Century Theatres, Cinemark Theatres, UA Cinemas, and many homeowners and small businesses. Provide warranty service for lock and safe manufactures. Service area is Northern California - Fresno to Oregon, including western Nevada

©2016 All rights reserved.