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 Replies: 47 / Views: 8,856 |
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Previously Ousted
Canada
398 Posts |
CDcoinman, in general you are correct with Canada post not insuring coins....valued above $ 500. $ 500 is good for Canada and US. NOT anywhere else. WHY, because the RCM some years back needed to insure all their small shipments of rip-off coins. the 500$ max value still stand as far a I know. |
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Valued Member
Canada
475 Posts |
Coins are Not insurable in Canada at all or any monetary instrument for that matter. Money packet is long gone as a shipping option. The RCM self insures as any coin dealer or certification company does. OT we will all be slabbed one day !  |
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Pillar of the Community
Canada
1192 Posts |
I'm pretty sure that you can insure coins/bullion/precious metals/jewellery for up to $600 when shipping with Canadapost. I recall the CP clerk looking it up in the BIG book one time for me.
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Moderator
 Canada
10460 Posts |
When I send stuff with Canada Post, I write on the form "die-stamped metal discs"... It is truthful (somewhat) and I never had issues with insurance claims for lost or stolen items.  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
04/30/2012 3:10 pm
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Valued Member
Canada
248 Posts |
That's pretty clever --SPP--.
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Valued Member
United States
493 Posts |
Die-stamped metal disks.... I like that. I have used "processed planchets"
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Bedrock of the Community
Australia
21788 Posts |
When you collect ancients as I do,
you no wanna put 'em in slabs.
I have just a few top condition coins that are in screw capsules, but they are modern coins only.
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Previously Ousted
Canada
398 Posts |
Canada Post does insure Coins and numismatic items up to $500 for shipment within Canada.
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Valued Member
Canada
475 Posts |
uh no they don't ...........please show us where you got the info? thanks!
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Valued Member
 Canada
210 Posts |
does anyone have a vald argument for slabbing a coin?
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Pillar of the Community
Canada
1984 Posts |
If you want to sell a coin through ebay or an auction, if it is slabbed you largely avoid buyer fears of counterfeits or damage that is not obvious. Getting a top grade coin slabbed into the highest tier has a huge impact on value. It would be very tough to get the price of a slabbed MS65+ coin for a coin that is not slabbed. If you plan on leaving coins to someone who is not sophisticated, you lower the risk that they will sell them at a poor price. The newest slabs store coins that prevent adverse toning on copper. |
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Valued Member
Canada
210 Posts |
I understand all that, and thank you for your great input on this. When you slab a coin, your paying a small fee to greatly inhance the value, and security of that coin. Security and confidence, that the value will go up, and not down!
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Pillar of the Community
United States
7840 Posts |
All of my 7070 collection is slabbed; ANACS, NGC & PCGS. I like the look and I can pass them around to others who appreciate the beauty, for those who have slippery fingers and for those who like to  on them, they are protected. Also for insurance purposes they are serial numbered. To each their own though. Edited by oih82w8
05/01/2012 9:07 pm
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Bedrock of the Community
Australia
21788 Posts |
NONE of my ancients are in slabs. I simply do not need to keep them that way.
I have kept all of the sales information for all of the more valuable ancients that I do have. That way, a provenance can be established, in which confidence can be placed, IF they have come from a highly reputable auction house or dealer.
Therefore, I have no need for Third Party Grading.
When you collect ancients as I do,
you no wanna put 'em in slabs.
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Valued Member
Canada
210 Posts |
After weighing in the facts from both sides,I have to agree with sel691, I`m afraid I`m siding with no slabs,or third party grading. (for now,anyway}
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Replies: 47 / Views: 8,856 |
First Page
Posted 04/30/2012 11:43 am
