Quote:
Does anyone know the definitive answer?
Domestic mail manual
Section 609 Filing Claims
4.0 Claims
4.1 Payable claims
g. Fair market value of stamps and coins of philatelic or numismatic value, as determined by a recognized stamp or coin dealer or current coin and stamp collectors newsletters and trade papers.
This can also depend on knowing how to establish the Numismatic value This is found in Sect 609 3.0 Providing Evidence of Insurance and Value
3.2 Evidence of value
The customer (either the mailer or the addressee) must submit acceptable evidence to establish the cost or value of the article at the time it was mailed. For claims submitted online, the evidence may be scanned and uploaded or sent via First-Class Mail to Domestic Claims, Accounting Services (see 608.8.0). Other evidence may be requested to help determine an accurate value. Examples of acceptable evidence are:
a. Sales receipt, invoice or bill of sale, or statement of value from a reputable dealer.
b. For items valued up to $100, the customer's own statement describing the lost or damaged article and including the date and place of purchase, the amount paid, and whether the item was new or used (only if a sales receipt or invoice is not available). If the article mailed is a hobby, craft, or similar handmade item, the statement must include the cost of the materials used in making the item. The statement must describe the article in sufficient detail to determine whether the value claimed is accurate.
c. Picture from a catalog showing the value of a similar article (only if a sales receipt, invoice, or statement of value from a reputable dealer is not available). The date and place of purchase must be included.
g. A copy of a canceled check, money order receipt, credit card statement, or other documentation indicating the amount paid. For Internet purchases, a copy of the front and back of the canceled check, money order, or a copy of the credit card billing statement is required.
h. For Internet transactions conducted through a Web-based payment network that offers payment services through a stored value account, provide a computer printout of the online transaction identifying the purchaser and seller, price paid, date of transaction, description of item purchased, and assurance that the transaction status is completed. The printout must clearly identify the Web-based payment network provider through which the Internet transaction was conducted.
A, G, and H all basically are receipts that show evidence of a purchase or payment although A is useful if you can get a dealer to state what a certain coin would be worth. C is useful if not receipts are available (Note if you lose a coin being shipped TO a
TPG you most likely will not be able to claim a value based on the grade you think it would have graded. If the coin is already certified when lost the certified grade probably could be used for establishing a value form a catalog or price guide.
OK so that is the definitive answer, the problem is many postal workers won't know or understand the manual That is why it is important to know these manual section numbers so you can point to the exact places in their own manual that says coins ARE insurable. So when you are told that coins are not insurable you can tell them that "The Domestic Mail Manual Sect 609 part 4.1 paragraph G says they are. I've been through this before."
Posted 05/08/2013 11:08 am
