Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Lost USPS Packages And Insurance Payout Issues.

To participate in the forum you must log in or register.
Author Previous TopicReplies: 9 / Views: 2,472Next Topic  
Pillar of the Community
buddy16cat's Avatar
United States
1536 Posts
 Posted 08/23/2014  11:05 pm Show Profile   Bookmark this topic Add buddy16cat to your friends list Get a Link to this Message Number of Subscribers
As I mentioned before, I sold a coin on ebay and USPS lost it. I filled out the form to try and recover it. Has anyone had an issue with USPS losing your coin you sold and did had them recover it? I am also reading issues with people who used USPS priority mail express and had the post office lose it and they gave them issues with payouts since there is a clause in the handbook stating the max insurance payout on coins and bullion is $15 even though elsewhere in the handbook it states coins with collector's value are insurable. Has anyone had USPS lose their coin and give them the run around about an insurance payout? I am reading horror stories of people sending multiple coin to a TPG or sold a $2000 proof gold buffalo, have the post office lose it, and have their insurance denied, then were given a payout later of $15.
Pillar of the Community
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 08/23/2014  11:37 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Can't answer any of your questions, but I'm anxious to hear from those who can.
Pillar of the Community
Learn More...
jdmern's Avatar
United States
1949 Posts
 Posted 08/24/2014  07:58 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
Had a fairly valuable package disappear en route, tracking had showed in leaving a sort facility then nothing else, filed a whole bunch of paperwork I got from my local postmaster with postal inspectors, all of the sudden, a month after it had disappeared from the system, it showed up... Can't comment on the insurance issues since I have never had anything go that far...
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 08/24/2014  07:59 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I have never dealt with this issue but have read where it is next to impossible to receive a claim of the insurance that was bought.It sounds like an insurance scam to me.I wonder how the USPS and the post office has gotten away with this kinda stuff for so many years?
John1
New Member
KurtB's Avatar
United States
13 Posts
 Posted 08/24/2014  08:17 am  Show Profile   Bookmark this reply Add KurtB to your friends list Get a Link to this Reply
We file insurance claims with USPS and generally not a problem. But not coins themselves so that certainly is where the issue is. Sorry I can't be of more help.
Pillar of the Community
stampvirgin's Avatar
United States
1247 Posts
 Posted 08/24/2014  09:10 am  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
I sent an very, VERY valuable stamp (cataloged at 4+k) once to a certifier 1 state away. Previous ones, I had sent arrived in a day or two.
This one took a month to get to him. It also had "disappeared" for awhile. Was shown arriving at the baltimore sort facility. took 3 weeks to leave that facility.
A lot of phone calls to the local postmaster, and thankfully, she, being a very nice person, followed up with it and kept following up.

Thank goodness I had a tracking number (and insurance). She thought there might be someone at that sort facility who was "Putting things aside, for later retrieval" apparently this thing had happened before with coins and stamps.
Pillar of the Community
buddy16cat's Avatar
United States
1536 Posts
 Posted 08/24/2014  3:37 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply

Quote:
"Putting things aside, for later retrieval"


You mean stealing things? This is a Federal offense.
Pillar of the Community
stampvirgin's Avatar
United States
1247 Posts
 Posted 08/24/2014  7:29 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
yup, that's what I mean, but she couldn't say it.
Pillar of the Community
jimbucks's Avatar
United States
4692 Posts
 Posted 08/24/2014  7:46 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I once had an experience, I was receiver and I reported to the USPS that the insured package was not received. It was like a 45 day investigation -- I actually ultimately found it embedded in a bunch of junk mail. The USPS did not require a signature, and in the long run they should have been glad I was honest and reported that I found it.
Pillar of the Community
buddy16cat's Avatar
United States
1536 Posts
 Posted 08/25/2014  6:53 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply

Quote:
I once had an experience, I was receiver and I reported to the USPS that the insured package was not received. It was like a 45 day investigation -- I actually ultimately found it embedded in a bunch of junk mail. The USPS did not require a signature, and in the long run they should have been glad I was honest and reported that I found it.


USPS is the only place where they get away with charging for a service, them not providing the service, and charge you anyhow. Of course most services you pay after it was performed. Fortunately places like ebay have buyer protection but they have no seller protection. If USPS loses your coin, you are responsible to refund the buyer and if you don't they will refund them on your behalf and take it from you. They say they have seller protection, but it doesn't amount to much of anything.
Edited by buddy16cat
08/25/2014 6:56 pm
  Previous TopicReplies: 9 / Views: 2,472Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.35 seconds to rattle this change. Forums