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Mailing Coins From Canada - To Canada And Us? Startup ?s

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Author Previous TopicReplies: 13 / Views: 1,805Next Topic  
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Libertad's Avatar
Canada
3692 Posts
 Posted 01/05/2012  8:10 pm Show Profile   Bookmark this topic Add Libertad to your friends list Get a Link to this Message Number of Subscribers
This is a question for people in Canada who have in the past mailed coins by Post. I want to start selling coins here someday once I can get organized enough to do it. I'm interested in tried and tested methods that work all the time.

I'm reading http://www.canadapost.ca/cpo/mc/per...ices2012.jsf
but I still have some questions.

-What would be the best way to go about this?
-Is regular mail safe? ("Lettermail") Or do I have to go the parcels route?
-Say I'm mailing coins under 30g total.
-What kind of packaging should I use?
-When mailing to the United States, what should I keep in mind - what should I know? If there's too much hassle then I would only mail inside of Canada.
-Insurance? Is it worth it?
-Prices? What should I charge on each delivery?
-Speed and tracking details?

Feedback would be of great help. If anyone can answer me these questions I would be very grateful. Where do I begin? Thanks!
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Canada
9864 Posts
 Posted 01/05/2012  11:46 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
For mailing within Canada,the most economical method is to put your own address on the front of the envelope,and put the recipients name and adress as the return address,do not put a stamp on the envelope.The coin will be received by the buyer with a note to affix proper postage.A used envelope will also keep your cost down.

For mailing to the US use a regular letter envelope,put a $1.05 stamp on it,seal it completely with transparent tape,do not put your return address on it.Will arrive at it's US destination 996 times in 1000.
Edited by DBM
01/05/2012 11:47 pm
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/06/2012  12:08 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
The canadapost site should provide the answers.

I've heard it can cost more to ship within CA than to the US.

I've never heard of customs problems from ca to us, only from us to ca.
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/06/2012  12:09 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Coins in 2x2s and bubble mailers should work fine.

Check ebay for discount CA postage, you can sometimes save 30-40% that way.
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aiglet7's Avatar
Canada
695 Posts
 Posted 01/06/2012  02:58 am  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
Have mailed and received coins from all corners of the globe without any problems of delays or non receipt. Use 2 x2's to secure the coins and enclose in protective 'bubble' envelopes. Clearly label with both your name/address and name/address of the person to whom the package is going.Charge your client for, reasonable, costs of packaging and actual mailing. Do not inflate these costs. Offer insurance and/or confirmed delivery on valuable shipments. Consider mailing only to countries with good postal reputations.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 01/06/2012  05:44 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Exactly, what aiglet7 said..
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Libertad's Avatar
Canada
3692 Posts
 Posted 01/06/2012  3:22 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
DBM, I know that trick but I'm not trying to defraud anybody. Honesty goes a long way. Your reply seems suspect.

Anything else I should know about customs and foreign laws regarding mailing currency/coins? I don't want to break any laws of any country. What about receiving funds? I don't want to use paypal, however, I do have a bank account. I wouldn't mind cheques as I don't ever want a credit card. I don't want to get a "US funds" account because I would have to change the money and that seems pointless to me.
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/06/2012  6:09 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Be sure to ask Merkin customers to get PMO in Canadian funds.
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Libertad's Avatar
Canada
3692 Posts
 Posted 01/06/2012  8:22 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I'll be sure to do that.

Does anyone else have any serious advice?
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/06/2012  9:07 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Doesn't get more serious than getting US Funds you can't cash.
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Scissel's Avatar
Canada
693 Posts
 Posted 01/07/2012  10:22 am  Show Profile   Bookmark this reply Add Scissel to your friends list Get a Link to this Reply
Never write COINS on a customs form. I learned that the hard way.

Note, Canada Post does not insure coins sent in the mail. Low value coins can be shipped by regular mail at your own risk. Higher value coins can go by XpressPost with Signature.

The Expedited Parcel option is good for packages to the USA.

You may have difficulty finding buyers if you try to avoid PayPal.

I sometimes send small inexpensive coins less than 30g in a flip taped into a greeting card.
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/07/2012  12:14 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Many countries, including some civilized ones, have a maximum coverage on registered mail of around $45. Registered mail is as safe as it gets, but that means you could take a substantial hit in case of loss or theft.
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Libertad's Avatar
Canada
3692 Posts
 Posted 01/08/2012  8:58 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
The reason for my anti-PayPal-ness is that I don't like people cutting into the price. I want to keep prices down as much as I can afford my future coinsters - I don't believe in passing on the buck to the little guy.

" Never write COINS on a customs form. I learned that the hard way. "
-Is this because of a legal issue or because people were stealing your coins?

My end-goal is to find the most cost-effective way to send small lots to put up for auction here and perhaps eCrater. I want to avoid taxes and middlemen as much as humanly possible. Besides actually trekking to the buyer's home I don't know what the best options are.

Cutting down on weight - flips may start to add up for these lots, albeit safely handled (won't wiggle around in the package). I may choose to ship out tubes only instead of piles of flips. Does this change the process much? There appears to be a surchage for mailing tubes that are "cylindrical in shape", but would this apply to the parcel's outer shape or can I simply put the tube into a rectangular box?

What are your thoughts on those prepaid packages? Are they worth it? I'm going to check out some more options before going full-swing with this. Says you have to sign an agreement, but what does it entail? The cheapest tier is $8.60 ($9.10 for cushioned envelopes) for up to 500 grams.

What about duties/taxes/customs? What should I know about that? Suppose the total value sent is $100. Should I even bother sending to the States?
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biggfredd's Avatar
United States
9104 Posts
 Posted 01/09/2012  12:07 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
There appears to be a surchage for mailing tubes that are "cylindrical in shape", but would this apply to the parcel's outer shape or can I simply put the tube into a rectangular box?

They're talking about tubes like you'd put a poster in. Just put the coin tubes in a regular mailing box.


Quote:
What about duties/taxes/customs? What should I know about that? Suppose the total value sent is $100. Should I even bother sending to the States?


Customs are the responsibility of the recipient. Fill out the form accurately. I've never heard of duties being added to stuff coming into the US.
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