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 Replies: 18 / Views: 5,549 |
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Pillar of the Community
1028 Posts |
This is horrible, but I'm guessing all of this was insured. For something that expensive, wouldn't this have been registered mail. Those packages get signed in and out and are locked up at various stages and always scanned. A registered package being lost could probably be pinpointed to one of only a small handful of USPS employees.
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Bedrock of the Community
13014 Posts |
Youd think theyd have been registered but the best I can find looks like you can buy insurance up to 5k for all mailing options and up to 25k for registered mail
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New Member
28 Posts |
Wow - how horrible. I am going to mail out a small coin package soon - and this is so scary. My coins, are not worth that much - I plan on sending them through the local post office - what services should I request. I'm assuming registered with insurance, signature on receipt (certified)?
Will the sender make good on the value for you? I'm assuming your package was insured? So sorry to read this post. Linda
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Bedrock of the Community
13014 Posts |
Beacon it depends a lot on the value of the coins. It doesn't make a lot of send to pay 15-20 dollars to ship something worth less than that. I honestly wouldnt insurance anything under 40-50 dollars personally but about 10 dollars is the lowest it could be worth without paying more to ship it than its worth with insurance. If you use delivery confirmation or tracking it should be fine. But you could add insurance onto that too if you wanted too.
Registered mail is pretty expensive compared to other shipping options and makes more sense for things 100s of dollars in value or more
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New Member
28 Posts |
Thanks, yes over $1,000 - thus I thought registered would be the way to go..... certified with a return receipt - signature on delivery. Am I missing anything? Just worried..... Linda
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Moderator
 United States
16680 Posts |
Registered with insurance and delivery confirmation for the exact value, no less.
swcoin.ecrater.com
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Bedrock of the Community
13014 Posts |
Over 1000 definitely registered mail, if you have signature and tracking youve done all you can.
The other option you could consider would be express mail with insurance. You can insure up to 5k. Itll move so fast through the system people will have less time to think about a way to steal it and itll basically go directly there skipping some of the stops so fewer people will get hands on it
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New Member
28 Posts |
Had not thought of express mail - I just boxed it in a priority box - it's value is 5,600 to be exact. I put it in a small flat rate box. Maybe I should re-box? Over-night it? It is not too heavy..... Thoughts? Linda
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Bedrock of the Community
13014 Posts |
Priority I'm pretty sure you can insure up to 5k. I've never had the problem with it being over that value but I've also never had any major problems with priority mail either.
If you happen to be sending it to the north east where the storm hit Id wait a couple more days. Their mail is a mess along with a lot of other things. I tried sending a package there and its just sitting at the PO right now because of the damage
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New Member
28 Posts |
Thanks! Will do! Again, sorry for the original poster - hope your coins are recovered! Linda
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Valued Member
United States
234 Posts |
thats tragic  poor coins. I can only imagine how sick the owner feels  whoever did this should be prosecuted to the fullest extent of the law.  If it was sandys doing then well mther nature has given her rath  |
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Pillar of the Community
1028 Posts |
I wouldn't use registered mail unless you are sending something like a family heirloom or anything over 5000. You can insure for up to 5000 otherwise and registered is extremely slow shipping...slower than media in most cases.
Registered is the safest so if you were sending an old wedding ring or something, I'd sue it. Otherwise, if USPS wants to lose the coins you were gonna sell for 4000, they'll pay out just the same for priority or even FC. Over 5000, it won't be covered anymore so registered is needed.
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Pillar of the Community
Canada
2783 Posts |
case #1 i only ebay searched the first few coins to get an idea of value, around $2,000 - $5,000 each (MS65). just going with those numbers WHY would anyone send $50,000 - $125,000 in the mail? (considering they were all MS66 I am guessing that is a low total). I think I would've bought a plane ticket and delivered them in person. |
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Bedrock of the Community
13014 Posts |
I thought the same thing wade. Its easier for 1 package but I would have sent them in a few different ones express mail at the very least. 200 bucks in postage is nothing compared to that much value in coins
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Moderator
Canada
10463 Posts |
News like this puts a knot in my stomach. It is even worse trying to mail things across the Canada-US border (I won't elaborate on this, but it is a known problem). I now use a courier (e.g., FEDEX or UPS), fully insured, for any shipment across the border. The sad part is - even with insurance, a loss like this is devastating from a collector's point of view... No amount of money could replace the pride and effort to assemble a registry set collection...
I will keep my eye out at coin shows north of the border.
"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
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First Page
Posted 11/03/2012 7:08 pm
