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Shipping On Ebay Purchases

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 2,493Next Topic Page 2 of 2
Pillar of the Community
United States
570 Posts
 Posted 09/14/2011  10:40 pm  Show Profile   Bookmark this reply Add mmorgan22 to your friends list
If he is a dealer he probably has his own insurance that covers losses for shipments. That is the only reason I can see him/her shipping it like that.
Bedrock of the Community
United States
12437 Posts
 Posted 09/15/2011  12:49 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
If the coin had not arrived, would I have been responsible for the loss, or would Buyer Protection have put the loss on the shipper?

PayPal requires Signature Confirmation for anything over $250, the seller could have been out some serious money without proper tracking. Another possibility is that the seller uses Third Party shipping insurance which would be essentially invisible to the buyer. Personally, I use Delivery Confirmation for anything over $50 and SC for $250+.
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  01:53 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
If you were looking for something to steal, would it be a package with an insurance sticker, or a box that looks like it contains a a VHS tape?

Possibility 2: Some third-party insurers specify you place no indication of insurance on the box.

Part 3: The seller has to get the item or refund to you, even if the buyer turned down insurance.

Just 4 fun: Insurance is really a matter of markup and testicle size. If it costs $50 to make a $500 item, and you lose one in 1000, you'd be foolish to spend $1500 coverage for a claim that will cost you $50 to replace.

OTOH, if you get $600 for a $500 bill, and that $600 is your next mortgage payment, CYA would be a good idea.

When we were selling toys, we often had $100+ postage days. Quite a few of those were $100+ items, they all went priority with free DC. Had one or two losses in thousands of shipments.
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  02:02 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
Part 4 was demonstrated at a Radio Shack. Someone returned an item as defective. They did the paperwork and customer left.

Wanna see how we recondition stuff? Follow me.

We walk into the repair room, where he dumped it in the nearest trash can.

"That's what we do for anything under $50. It's cheaper to buy new than pay a tech to figure out what's wrong."
Valued Member
United States
265 Posts
 Posted 09/15/2011  07:59 am  Show Profile   Bookmark this reply Add dom to your friends list
Just recently , I had bought an expensive Morgan through e-bay and when I received the envelope it appears to have been sliced into and the coin missing. I had assumed that the bubble mailer had been tampered with. I sent a claim to ebay as well as the post office. The post office supervisor at my local post office stated that that the most likely event was that the seller just dropped the coin into the bubble mailer and the auomatic high speed sorting equipment sliced into the envelope and the coin fell out.I would not expect that the PO would take fault for theft or fraud. Ultimately e-bay buyer protection awarded me a full refund from the the seller. The seller was upset , but I politely let him know what he could possibly have doen to have avoided this possibility
The lessons learned from that event is when using a bubble mailer, always endorse the front with "handle with care" or " do not bend" or "fragile" so it is sorted manually.
New Member
United States
9 Posts
 Posted 09/15/2011  08:56 am  Show Profile   Bookmark this reply Add ns2a to your friends list
I see why people don't use insurance through USPS. I shipped 2 silver bars insured for $80 and it cost an extra $2.80
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  08:58 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
fragile is often misread as football.

Do not bend my favorite. Burly clerk strongarms package over knee, "Do too bend!"

Keep in mind, if you package something so it can't be machine read, the PO will charge a higher rate.
Pillar of the Community
United States
931 Posts
 Posted 09/15/2011  09:32 am  Show Profile   Bookmark this reply Add junior e to your friends list
I see your point, Fredd. He probably had private insurance and thus no marking on the box. The guy had a lot of expensive gold selling all at once so he was probably a dealer.
Pillar of the Community
United States
4870 Posts
 Posted 09/15/2011  10:14 am  Show Profile   Bookmark this reply Add TheForce to your friends list
So when Paypal refunds your money they just take it away from the seller?
Pillar of the Community
Canada
1502 Posts
 Posted 09/15/2011  11:50 am  Show Profile   Bookmark this reply Add poboxw to your friends list

Quote:
So when Paypal refunds your money they just take it away from the seller?

they definitely don't dig into their profits for that
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  2:18 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
, ns2a!

There are private companies that insure USPS, UPS, FedEx, etc. Insurance policies for businesses can cover shipping, based on volume. Such a policy might cost $5,000 per million dollars shipped, making your $80 shipment cost 40ยข.
Valued Member
United States
460 Posts
 Posted 09/15/2011  4:59 pm  Show Profile   Bookmark this reply Add dumprat to your friends list
Correct me if I am wrong but many of the 3rd party insurances don't cover coins correct?
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  8:26 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:

So when Paypal refunds your money they just take it away from the seller?


When possible. That's why they have a 15-day hold on money from new accounts, and all sales are subject to a similar hold if they become active.

If the seller has removed the account money, you'll likely get "here's $20 that was left in the seller's account, you'll get more if he's ever stupid enough to accept any. Good luck!"
Rest in Peace
United States
9104 Posts
 Posted 09/15/2011  8:41 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
Correct me if I am wrong but many of the 3rd party insurances don't cover coins correct?


Not familiar with that restriction.
Valued Member
United States
460 Posts
 Posted 09/16/2011  9:01 pm  Show Profile   Bookmark this reply Add dumprat to your friends list
ShipCover (Ebay's Insurance) includes this line in the items that can't be covered section...


Quote:
Coins, bullion, loose diamonds or stones, stocks, bonds, currency, deeds, evidences of debt, travelers checks, money orders, gift certificates, calling cards, lottery tickets, admission tickets, or any other negotiable documents.


ShipCoverage Link
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