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A Tale Of Caution

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mds308's Avatar
United States
1721 Posts
 Posted 12/31/2012  10:16 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
I feel your pain. I've been ripped off too. When I send coins for grading I always send them Overnight Insured. These are tracked very well and gets there fast. Registered Mail can take as long as 3 weeks. And always use a box. I sent a coin once to a customer using an envelope and the envelope came back to me from the USPS. It was shredded but fortunately, the coin was taped to the outside of the envelope. I'm surprise nobody stole it. The Post Office would not give me free shipping back to the customer. It was their fault the package was shredded but my responsibility to pay to have it resent. BS. Total BS.

Couldn't the copy of the invoice to NGC be used as proof of package contents and a source of evaluation for value of the contents?

Next time I send coins to PCGS I'll take photos and have a receipt made for their value. This all works great as the sender but what happens when the package is attacked and robbed on the way back to you/us? Anybody ever have this happen or know somebody it has happened to?
Edited by mds308
12/31/2012 7:31 pm
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nohope587's Avatar
United States
5953 Posts
 Posted 12/31/2012  10:19 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Over the years I have had a couple of claims on UPS insurance and they have always paid up just show proof of market value and that's usually all it takes. It can however take several months to reach a resolution.
I have always sent submissions registered. Its a pain in the butt and it takes twice as long to arrive than regular mail but there is so much less risk involved than using regular mail. The folks at my local PO know me well enough now that they don't complain about Registered mail. But it is a hassle for them they have to use special tape to seal the package and it has to go into locked storage between destinations. I can see why the teller would suggest Priority.
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Freedom's Avatar
United States
526 Posts
 Posted 12/31/2012  3:31 pm  Show Profile   Bookmark this reply Add Freedom to your friends list Get a Link to this Reply

Quote:
If I could drive them I definitely would.... But I live in western Massachusetts... A bit of a drive... But my cousin and uncle live in Sarasota... So maybe I'll have to take a trip to "visit them"....


NGC will not accept drive up drop offs anymore unless you belong to the local "Coin" Click. I just ask my dealer to submit them for me, they are in North Port which is 15 minutes from Sarasota. He does all the work, I pay him $5.00 for his fee's on top of the grading service and I am done. He calls when it comes back.
Saves me money in the long run.
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blackjack's Avatar
United States
386 Posts
 Posted 12/31/2012  4:12 pm  Show Profile   Bookmark this reply Add blackjack to your friends list Get a Link to this Reply
I'm wondering if you deal with a LCS. IF so, They might help you out; they might remember that you purchased some or all of these coins from them. In any case, talk to the folks there. Good luck.
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Anjohl's Avatar
Canada
815 Posts
 Posted 01/02/2013  12:59 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Somewhat unrelated, but I am new to coin sales on ebay, and I listed some junk grade NFLD small cents, all of which sold, with two buyers splitting the lot.

The first was from Russia. I thought it was neat, and mailed them off. I thought it was strange that he asked me for a quote to send each in a separate envelope...fast forward 3 months later, he has not gotten the coins. Unbeknownst to me, apparently the level of corruption in the Russian postal system is legendary. It was not a huge transaction, I told him if they did not show up in a week that I would refund the order. I will never ship outside North America/1st world countries ever again.

The second buyer was in Afganistahn. I have yet to hear from him.
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MrMorgan's Avatar
United States
161 Posts
 Posted 01/02/2013  12:29 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
That's why I only sell and buy on ebay if the seller is is the US. Once the item leaves the country, there is nothing that can be done to prove that the item was received by the buyer.
Valued Member
United States
366 Posts
 Posted 01/02/2013  3:02 pm  Show Profile   Bookmark this reply Add JobIII to your friends list Get a Link to this Reply
I'm sorry to hear this. Did you send the coins in an envelope? I made the mistake of mailing coins in business envelopes twice simultaneously. I'm lucky I was mailing junk silver and less than $1 face.

From what I've heard, USPS insurance will not work for coins. It may be different for bullion but that's what I've heard.

When shipping make sure you reinforce the package and use enough tape and then some, and then some more, and to be safe use 1 more roll just for extra security.

Again I'm really sorry, this story is painful and I wish you the best of luck.

~JobIII
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Conder101's Avatar
United States
17884 Posts
 Posted 01/02/2013  4:08 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
This all works great as the sender but what happens when the package is attacked and robbed on the way back to you/us?

From what I understand the coins are typically shipped back Registered mail. They WILL get back to you 99.9999999999% of the time.
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mailman28's Avatar
United States
416 Posts
 Posted 01/02/2013  6:59 pm  Show Profile   Bookmark this reply Add mailman28 to your friends list Get a Link to this Reply
as far as the return shipping, it is listed on their website that it depends on the value of the coin(s)
it lists priority/express/& registered as the return methods
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silvercoinrn's Avatar
United States
863 Posts
 Posted 01/03/2013  7:29 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
havnt there been other stories regarding the usps? I think I remember another story where coins are being stolen while in transit to of from the ncgs?

id be interested to hear if anyone else remembers any stories like this
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 01/03/2013  11:37 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Just another example of why this awful organization leaks $4 Billion very quarter. Go ther every day until you get resolution.
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MrMorgan's Avatar
United States
161 Posts
 Posted 01/04/2013  1:04 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
I went to my LCS today to see what he had for a replacement 1889-CC Morgan. He had one graded by NGC F12 Details Rim Damage. He said he would sell it to me for $700.00. I'm sure I could talk him down to $650.00 but is this even a good price? I don't know how to grade damaged coins or coins with a details grade. Any idea on what this would be worth?
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MrMorgan's Avatar
United States
161 Posts
 Posted 01/04/2013  1:05 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
BTW the damage was minimal and didn't take away much from the coin itself.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 01/10/2013  2:09 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
USPS insurance is worthless. Trust me.
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MrMorgan's Avatar
United States
161 Posts
 Posted 02/01/2013  12:59 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
Update:
I went online to check the status of my claim yesterday and it was DENIED! I called them, waited on hold for 33 minutes, and finally got through to someone. I was informed that the PO mailed NGC a letter informing them to bring the package into the post office for inspection. Since they did not get the package in time, they denied the claim. The only problem, NGC returned the package to me, so I have it. They never informed me that they needed to inspect the package. So I filed an appeal and I brought the packafe to the PO today and the postmaster there said she didn't know how to fill out the paperwork and she had to contact consumer affairs. So now I guess I will play the waiting game for another month.
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