Oddly enough when I fired up my 7700k for the first time it threw 1.368 volts at it, which is high for stock. I tried Gigabyte's 5Ghz profile and it was only slightly off, I actually had to give it a little more voltage for stability.
Safe is relative, but 1.4 volts is about where I draw the line for daily use. And that is with water cooling to keep it around 80C under a heavy load.
(I also delidded the CPU with standard thermal compound)
Which is pretty much what Computronix landed on.
For extreme cases I have seen people push 1.5volts to get 5.3Ghz, but that certainly wouldn't last too long and you need silly things like direct die cooling or chilled systems.