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My 20 Year Winning Streak With USPS Domestic Is Over:

 
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 Posted 05/04/2021  12:45 am Show Profile   Check louisvillekyshop's eBay Listings Bookmark this topic Add louisvillekyshop to your friends list Get a Link to this Message
20 years I could always say I have never lost anything in the USA. This was picked up March 19th and no record after it. $36 coin of Athena. Three cases no response I refunded the buyer. Finally a full missing mail search and the envelope is "found" and moves to the buyer but he gets it with the coin missing as you see. But here in my home town of Louisville in a USPS facility it must have been as how do they still have the envelope so the buyer gets this? So I guess I insure everything from now on, even a $20 envelope. Very depressing to see our society move in this direction.




Edited by louisvillekyshop
05/04/2021 12:50 am
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 Posted 05/04/2021  01:01 am  Show Profile   Bookmark this reply Add Reedbeard08 to your friends list Get a Link to this Reply
Sorry to hear this happened to you - I've always assumed that a thief will thieve, regardless of the value of the item. I hope this is the only occurrence!
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 Posted 05/04/2021  04:51 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
So I guess I insure everything from now on, even a $20 envelope. Very depressing to see our society move in this direction.
From what I have read, it is very difficult to get a claim even with insurance.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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 Posted 05/04/2021  06:28 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I still prefer to buy via bricks 'n mortar, where you get to closely examine the item in hand, before deciding to buy.
As a customer, amongst other advantages, it avoids having to worry about shipping problems.
Edited by sel_69l
05/04/2021 08:55 am
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 Posted 05/04/2021  06:33 am  Show Profile   Bookmark this reply Add Kushanshah to your friends list Get a Link to this Reply
In other words, your domestic losses average about $1.50 per year...
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 Posted 05/04/2021  07:09 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
So I guess I insure everything from now on, even a $20 envelope.


I self insure up to at least $300.
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 Posted 05/04/2021  08:18 am  Show Profile   Check louisvillekyshop's eBay Listings Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
Well the real question is if they had the envelope didid they know the answer the whole month I kept asking? That is the oddest part.
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 Posted 05/04/2021  08:28 am  Show Profile   Check louisvillekyshop's eBay Listings Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
Kushanshah

My neighborhood the other day. Came in in the middle of the night hit a bunch of cars left box cutters and trash from cars all over the courts. Opened and left open all the mailboxes fishing for anyone who did not pick up their mail etc. The petty crime or crime of opportunity is so high now. Cars broken into and stolen left and right at my private university. Could care less about peoples cameras.
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 Posted 05/04/2021  08:54 am  Show Profile   Bookmark this reply Add woodcr to your friends list Get a Link to this Reply
Happened to me also, I sent 5 American Silver Eagles to a dealer, package arrived with a straight slit in the top, obviously a knife cut it, dealer could not accept it, of course he should not accept an empty package, post office returned package to me, their final answer was they did not know what happened, I packaged it myself, gave it to post office employee, it arrived to dealer empty, what is left of my abilities at 72 says somewhere between my post office and dealer someone took it, not difficult for me to say post office worker did it, post office does not know, I was waiting for them to offer me a bridge at a good price.
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 Posted 05/04/2021  7:22 pm  Show Profile   Check louisvillekyshop's eBay Listings Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
BH1964:

You mention you self insure up to $300. That got me thinking about the calculus of all of this. I charge $2 shipping domestically which is needed as if you don't people don't combine and just keep paying for different envelopes. Using a 10 inch bubble envelope and the work involved you want people to combine. Shipping these says is always over $3 and often closer to $5 domestically. So $2 is a way to come close to free shipping for people without having to pack a ton of envelopes. Anyway what to insure to?

In my opinion what number annoys you the most is the number you start insuring at. You are at $300 and I know I was annoyed at $36. So lets say I am willing to lose $29 or less. EBay ship cover is the lower of the price to pay to USPS and they have their rates below.

Shipped via Package Value Seller Cost*
USPS Domestic $0.01 - $100.00 $1.70
USPS Domestic $100.01 - $200.00 $3.18
USPS Domestic $200.01 - $300.00 $4.26

That scale by itself invites me to figure out some added math. And key to this is you can under-insure but not over insure. So for me allowing myself to lose $29:

USPS Domestic $30 - $129.00
$1.70 (And I only insure value over $100 to just $100.)

USPS Domestic $130.01 - $229.00
$3.18 (And I only insure value over $200 to just $200.)

USPS Domestic $230.01 - $329.00
$4.26 (And I only insure value over $300 to just $300.)

Now one more thing: So the coin is 2100 years old or so. A thief rips open an envelope and gets this Thessalian League Athena Chalkous. Does the coin have the last laugh? Thus they hand it to who anyway? Hopefully they don't throw it away, even toss it in a drawer for their estate as elderly people to give away, hand it to a kid at home who knows. In 100 years will this coin still be trading strong and have made it back into the world of collectors? Or will the kid who is handed this get into ancient coins? Good luck little coin!

Edited by louisvillekyshop
05/04/2021 7:29 pm
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 Posted 05/04/2021  8:09 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I always attempt to use a box, even for 1st Class delivery under 13 ounces. I work in a warehouse so small, light cardboard boxes are plentiful and free. They are less likely to be tampered with imo and the price is the same as a (thick) envelope of the same weight.

I was told to never use eBay's Ship Cover. It may have changed in recent years but was not worth buying in years past.
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 Posted 05/04/2021  8:25 pm  Show Profile   Check louisvillekyshop's eBay Listings Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
BH1964;

Oddly enough ship cover is better for me although they don't pay back shipping cost or anything else. USPS can take weeks and they don't know the original deal so they can question what you insured for etc if they want to. Maybe they don't. I used ship cover for an overseas eBay sale once and since it was eBay who runs the insurance, once I refunded the buyer the payment was there in a few hours. So for me and only because I use that platform it is better. But only the recorded purchase price period not a dollar more. What I don't like about this is my internal bias I have to get rid of about insurance. I have over 10,000 hours of my life in the 1980s standing behind a game in Caesars Casino dealing blackjack and whenever the players would ask if they should buy insurance, aside from if they had a blackjack as well, I'd say what all the dealers said. If the house offers you insurance it must be a bad bet as the house always wins. So buying insurance from eBay while I sell on eBay I know this is all a bad bet for me.
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 Posted Yesterday   07:10 am  Show Profile   Check FVRIVS RVFVS's eBay Listings Bookmark this reply Add FVRIVS RVFVS to your friends list Get a Link to this Reply
I have been fortunate myself with my domestic shipments
Until this past year items were always delivered in a timely fashion
Even today they may drop off the radar but they do eventually arrive although 7-10 days for First Class seems a bit extreme !
Two days ago a buyer filed a "claim" stating that while the packet was marked as delivered 4-28 he had not received it and wanted a refund
All this in one week time !
Knowing how eBay works I fully expect to get the shaft on this one
It can be an "Alice Through the Looking Glass" world in eBay
I once declined a delivery for an iPad I bought for my sons 12th birthday as it was shipped a month late and after repeated attempts by me to cancel the purchase
eBay informed me that I was not allowed to refuse delivery and the seller was now entitled to keep both the iPad and the $250 payment !
Fortunately my credit card company begged to differ and immediately refunded the money



IN GOD WE TRVST ....... all others pay cash !

COGITO ERGO SPVD
I think ...... therefore I yam
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 Posted Yesterday   09:25 am  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Under eBay ShipCover's terms of coverage, it says they do not cover coins or bullion. I think insurance is a bad deal in general, especially if you might not get paid. Like @BH1964, I always self insure, and if you package carefully, the loss rate with USPS (with tracking) is likely to be low.
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 Posted Yesterday   09:41 am  Show Profile   Check louisvillekyshop's eBay Listings Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
Zurie;

You are correct the seller loses if they insure. I am only doing it as I tell myself I am paying the extra money for drugs to calm my nerves instead of waiting for the feedback showing the item has arrived. As for ShipCover not covering Coins and Bullion, that is true for coins and bullion and USPS only covers coins and bullion if you register a package by the way. What I sell, ancient coins, are no longer currency and ShipCover has paid out the claim for a past loss overseas just fine. The fact it is offered after the sale on the shipping page and the fact they have paid off a claim for me is good enough to assume these are seen as artifacts and not coin or bullion that is classically not covered. They really are like ancient trinkets as for example those late Roman bronzes were not often recognized by many during the day they were issued as real payment for anything important and soldiers had to spend them right away because of inflation. Ancient Rome was using gold for real transactions and had essentially two money systems and you can make a case they were mostly mass produced bronze junk of an Empire about to collapse. Or the old dolphin black sea money or the Celtic rings that were probably money look like artifacts today. All that we deal in in ancients can be thought of as ancient artifacts at least that is how I see it. Anyway they do pay the claim for my items.
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