Abstract: A combination picture frame and repository in which one of the frame members is movable to provide access to a secret inner storage compartment for hiding money, jewelry, and other valuables. The movable frame member may be adapted either to detach or pivot from its assigned position on the frame, and is yieldably held in place preferably by magnetic components. The frame may either be hung from a wall or placed in an upright position on any appropriate support such as a table of desk.