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Illegal To Ship Coins Through The Mail

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Pillar of the Community
United States
4589 Posts
 Posted 05/09/2006  10:14 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list
I did read it thank you you are right, I appreciate the education, now I can quote that too her next time if needed.
Rest in Peace
United States
2684 Posts
 Posted 05/10/2006  12:02 am  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
Bobby and ScoutJim, as has been mentioned a thousand times before and is constantly reinforced almost every time I go into the Post Office, postal employees are the worst trained "public servants" in the Federal system. The USPS may also have some of the most stupid employees in the system. I just relocated from my wintering area in the Arizona desert to my summer feeding grounds in the Arizona mountains, went down to my post office to put a vacation hold on my PO Box, ran into the new Postmaster (my PO has had a 200% turnover of employees in the past year) who informed me that a vacation hold is good for only 30 days, even after I advised her I'd be checking my box every two weeks. I checked out the online manual and she was right: vacation holds are good only for 30 days. BUT, what she did NOT tell me is that there is no requirement for Box holders to put a vacation hold on their mail if they will be away. The PO is simply required to hold my mail until I pick it up. Next trip, I'll have her tear up the yellow vacation hold form.

She also decided that I had to pay the $26 annual box fee - which I wanted to do from the beginning. A paid PO Box gives me a little more leverage when I change locations, but not my mailing address (I'm a fulltime RVer for those who don't know). However, because there is no rural delivery to my actual "street" address, regular (small) PO Boxes are supposed to be at no charge. Who knows what the next Postmaster will decide?

If mailing coins is illegal, there's tens of millions of people doing it. I wonder if it's illegal to mail stamps since they're also a form of currency...
Pillar of the Community
United States
4589 Posts
 Posted 05/10/2006  02:56 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list
If mailing coins is illegal, there's tens of millions of people doing it. I wonder if it's illegal to mail stamps since they're also a form of currency... I would not doubt it....LOL
Pillar of the Community
Australia
3831 Posts
 Posted 05/10/2006  06:31 am  Show Profile   Bookmark this reply Add gxseries to your friends list
You see, the reason why coins are banned is because of the monetary value. Originally it was banned worldwide to prevent counterfeiting of one's country's banknotes and / or money laundering. And as coins are of monetary value, it is banned as well.

Here is one interesting fact: if you looked at the world's most overpriced gold coin in the world compared to it's bullion value, which is a hefty 100,000 JPY coin minted in only 20 gram of gold, or if you like, 450USD for that 0.643oz of gold, or 900 dollars in face value!!!! Imagine sending 10 of those!!! Great fraud time!
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Valued Member
United States
383 Posts
 Posted 05/10/2006  08:08 am  Show Profile   Bookmark this reply Add Joeyuk to your friends list
It has been my understanding you can not insure money. Pay someone with a $100 bill and insure in for $100. But a collectable can be insured. An old $100 bill could probly be insured if sold as a collectable if it had an established value over face.
Pillar of the Community
United States
4870 Posts
 Posted 05/10/2006  08:42 am  Show Profile   Bookmark this reply Add TheForce to your friends list
How does the post office know your mailing coins? I can understand knowing about the international packages.
Pillar Of The Community
3147 Posts
 Posted 05/10/2006  08:49 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list
Guess the Mint has been violating the postal laws for years now? I mail packages all over the world and I never use the word "coins" or "money". It is always "collectables", "tokens", numismatic items or hobby supplies. I very seldom insure as you will more than likely get taken to the cleaners when they find out you lost coins? I do believe firmly in "CONFIRMATION of DELIVERY" or Registered Mail to many countries. You just have to learn to play the game! Oh, in my opinion the word "INSURED" stamped on a package is the same as "Please Steal Me to see what is inside"? It makes the package a target should they ever cross hands with a postal thief!
Pillar of the Community
United States
1626 Posts
 Posted 05/10/2006  09:32 am  Show Profile   Bookmark this reply Add Tpatna to your friends list
I know I get my proof sets via USPS every year...? If the US Mint can do it so can we :o)
Pillar of the Community
United States
2365 Posts
 Posted 05/10/2006  09:56 am  Show Profile   Bookmark this reply Add dsking to your friends list
I wonder if the Mint and others like Littleton have a special "permit". The Government does like to get those extra bucks for permits. And, they love the fine print - as we all know ofcourse.
Valued Member
United States
55 Posts
 Posted 05/10/2006  10:12 am  Show Profile   Bookmark this reply Add rbachman to your friends list
I just love those Post Office workers. I've heard stories that I couldn't believe!
Valued Member
Netherlands
309 Posts
 Posted 05/10/2006  10:53 am  Show Profile   Bookmark this reply Add CarlTromp to your friends list
To avoid this cind of troubles, just mark on the slip that it are colectibles, that way you can send it registrated and insured, without anny "less smart" qestions, I do it already for over 15 years that way.

Greetings, Carl
Forum Kid
Kuwait
1523 Posts
 Posted 05/10/2006  12:26 pm  Show Profile   Bookmark this reply Add thekidcollector to your friends list
I write Collectables or Hobby. And yes its not right Acording to law, to send coins due to Conterfeiting reasons, If you check DHL it won't allow you at all!
Pillar of the Community
United States
4589 Posts
 Posted 05/10/2006  1:11 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list
http://pe.usps.com/search/jsp/searc...sp?k2dockey=http://pe.usps.com/text/dmm300/609.htm%40PE_DMM300_HTML_5&serverSpec=56.0.145.56:9920&QueryParser=Simple&querytext=(coins)&dtype=2#hit0
______________________________________________________________________
Bobby cleared all up for me... I told her Ihave done for awile
Edited by scoutjim99
05/10/2006 1:11 pm
Valued Member
United States
383 Posts
 Posted 05/10/2006  1:29 pm  Show Profile   Bookmark this reply Add Joeyuk to your friends list
I sold a NGC MS68 1996-W dime on e-bay for $80 a while back. The coin was lost in the mail. I told the post office exactly what it was and provided a copy of the e-bay auction and paypal transaction. There was no problem getting paid. I think out of about 700 buying and selling transactions 2-3 have been lost.
New Member
United States
6 Posts
 Posted 06/09/2006  04:26 am  Show Profile   Bookmark this reply Add troodon9999 to your friends list
It was at one time illegal to send US coins and currency in US domestic mail, unless they had a collector's value significantly above their collector's value, and could be considered merchandise.

However this regulation has long since been rescinded. Any USPS employee who tells you that it is still illegal possiblyhas a vague memory of it once being and illegal and thinks it still is, or are going by obsolete rumors, or just doesn't know what they're talking about... or all of the above, lol. Go ahead, send all the coins you want.

Even if it was still illegal to send coin and currency in the mail (which it no longer is) collector's coins would be expempted anyway as long as they traded significantly higher than face value, and thus would be considered merchandise rather than money.
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