From limited research, it seems that the advantage to a wall safe over a floor safe or a large burglar-rated safe, is that it is easier to use on a regular basis. Disadvantages include that they are relatively easy to find and relatively easy to just take out of the wall and remove (if you are a burglar). Also they aren’t very deep, but that’s OK for me, what I want to put in the safe will fit fine in a regular safe for a wall using 4" studs (actual depth 3.5"). Here’s the plan (not absolutely complete, as you will see).
The wall between the garage and the downstairs room next to the garage uses 6" (5.5") studs. The indoor side of this wall is partly a mudroom area, and partly a large-ish storage closet under the L-shaped stairs to the main level. The top part of the wall in the closet has a closet rail along the entire length, stuffed with coats and things we don’t use (but can’t discard for reasons). I thought this would be a good place for the safe.
Once I have opened up the space for the safe (or the safe space, if you will) I am considering installing a 1/4" steel plate on the back of the space (inside the garage-side drywall) by cutting vertical slots in the studs, attached (somehow, not sure yet) on the inside of the space. This is to make it harder to get at the safe from the garage side, if the burglars discover its location but can’t get in from the front. Then I would install the safe in the same way, cutting vertical slots in the studs so the side flanges could fit, rather than installing the safe with the flanges on the outside of the inner wall. Otherwise, the safe would be installed in the normal way. So the safe would be completely enclosed within the two drywall sides of the wall, probably with a little depth left over.
Then I would re-create the inner wall in such a way as to minimize any seams to casual observation (not sure yet how) and with a catch that can only be opened by someone who knows how (also not sure yet what kind of switch or how).
To use the safe, I would have to take out a section of the clothing on the closet rail, release the catch, and unlock the safe, and do all that in reverse when I’m done.
This may be overkill, the monetary value of what I want to store may not be worth it, but what I am hoping for here is a critique of this approach, and suggestions for improving the details, or filling in the details I haven’t thought through yet. If you’ve read this far, you must be fascinated by the subject, so maybe you have some ideas.