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Replies: 14 / Views: 2,931 |
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Valued Member
Canada
252 Posts |
I have received an offer on a higher value coin 7500 and the buyer is in the US. What is the best method of shipping higher value coins to the US, I have shipped items to the US before but nothing valued at this much. Thanks in advance for advice.
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Pillar of the Community
Canada
2495 Posts |
Any regular postal service, including Expresspost will not insure coins for this value.
If you must have insurance you need to contact a third party insurance company, such as ParcelPro.
It's pricey, not only because of their insurance rates, but also they insist the package must be sent Fedex Overnight, which isn't cheap.
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Valued Member
Canada
257 Posts |
I've just had this exact issue with shipping to PCGS Canada post only insures up to $500 in Collectable coins (with extra insurance) I haven't had any experience with 3rd party insurance, but am interested in trying in the future, so +1 to doubleeagle Personally I have used FedEx: Setting up a personal account (with unique account number) Labelling things as "Numismatic Collectables" because I was scared of theft within Fedex... and then later having to clarify my shipment with Customs anyways. Properly labelling coins as coins when using more high security shipments such as FedEx is a must to prevent delays. I was able to ship to PCGS $14000 worth of declared coins for $575 (two day overnight shipping) including what I believe is covered insurance. I'm not entirely sure if I would win a lost/damaged claim due to the obscurity I had to do to make the FedEx online form accept such a high value. When I talked to a local FedEx agent, they told me FedEx only covers $1300 worth of Coins ""Officially"" but I believe I have found other ways around that. Giving rise to 3rd party insurance more interesting for me in the future. (Whereas Canada post I always write "Coins" and $100 value no matter what due to a high occurrence of theft of various items that I have personally seen) I intend to share my experiences more fully in a new thread about my experiences sending things to PCGS in the near future. - ebay Member for 6 years and shipped over $20,000 in coins.
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Valued Member
 Canada
252 Posts |
Thank you both, another rare Canadian coin heading south. I am somewhat torn.
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Pillar of the Community
 Canada
5585 Posts |
It would probably be cheaper, if you are within 100 miles of the border, to drive the coin across and mail it in the US.
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Pillar of the Community
Canada
3234 Posts |
Quote:
I intend to share my experiences more fully in a new thread about my experiences sending things to PCGS in the near future.
This is one discussion that I have to hear more on.. ...but as okiecoiner has suggested, I will probably just drive everything down..
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Valued Member
Canada
464 Posts |
I have done some research on this since I wanted to send a few coins to PCGS to cross-grade, though have not jumped the gun yet. I would like to share some possible alternatives, though you will have to do some homework to see if these are secure and reasonable options. I found a few companies (Chit Chats Express, Stallion Express) in the GTA which will drive your parcel across the border, and ship it with USPS. Stallion Express will also ship with Fedex and UPS. The prices are much lower than anything I have seen with Canada Post or any of the major parcel services to ship from Canada and I think is worth a look. I do not think they will ship items valued over $1000, I remember reading it though I don't recall the exact amount. I am not sure how the insurance would work, or what it would cost. I think Chit Chats Express also offers a service to ship back to Canada from the U.S. (USPS may require a notarized form for the following two options) To get your parcel back into Canada, there are many companies that do postal forwarding from the U.S. (i.e. https://www.shipito.com/). They charge a fee to receive the package (which is usually between $2-$5 per parcel), and the cost of whatever shipping option you choose to have it sent back to you. PCGS shipping and insurance rates within the U.S. were much lower than international, so you save money this way. Again, I have not used this option, so do your due diligence. In the past, I have used services such as CBI http://www.cbiusa.com/), to receive ebay and Amazon parcels. Like the option above, PCGS will be able to ship to a U.S. address, so your shipping/insurance cost should be far lower. Once shipped, you can drive down to Niagara Falls (US side) and pick it up. This option is worth it if you live close to the border. There are many different companies across the Canada-U.S. border that offer this service. I have not had any problems in the past (my items were valued between $100-$500). GregJG, I look forward to reading about your experience.
Edited by gawd0wns 03/20/2016 10:35 am
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Pillar of the Community
 Canada
5393 Posts |
We ship twice a week from the US using USPS in Washington State . As Okie stated it is a good option except for one small issue. A coin of 7500 dollars is in excess of so called informal entry. On items up to 250 USD you must complete a CBP 7533 form. On items up to 2500 USD you must use a CBP 7523 form. Any single item valued over 2500 USD , whether dutiable or not requires a formal entry and a broker is highly recommended unless you are expert at it yourself. If you wish to send coins for certification and take them across the border it can be a little more complicated but is very doable. If someone wants to start a new thread of this topic I will be happy to help. We have been shipping cross border for awhile without any issues from US Customs and Border Patrol, in fact they have been both kind and helpful. Also the service from the USPS in Sumas WA is exceptional.
Edited by Pacificoin 03/20/2016 10:58 am
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Valued Member
 Canada
252 Posts |
Well it turn out to be no problem I called ahead to the Port of Entry that I was going to use, the US boarder control guy was a great help. He just told me to mention that I was the coin guy when I arrived and then they asked a couple questions and waved me through and told me where the post office was. It was kinda funny there where several guards and they are "oh your the coin guy". The USPS person was really helpful ended up shipping registered with $6000 US insurance with signature was $26.95us.
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Pillar of the Community
Canada
3234 Posts |
Quote: The USPS person was really helpful ended up shipping registered with $6000 US insurance with signature was $26.95us. Very nice to know.. Canada Post really wants to get out of the postal business..and it's working..... 
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Pillar of the Community
United States
1373 Posts |
 ((okiecoiner / Pacificoin / collector67)) I'm curious about something. I'm in Michigan and have crossed the border many times, but have only made the crossings using our three (another on the way) bridges or one tunnel. I've also used the two bridges at Niagara and Buffalo to cross, but never a land-to-land crossing. The tunnel/bridge rates aren't outrageous (but not cheap either), so I'm wondering if there are fees to cross over using roads. If so, how much does it cost to drive across the border where you are?  (I pay $4 to $5 each way).
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Valued Member
 Canada
252 Posts |
There is no charge for crossing using the roads land to land, but for me I live on Vancouver island so I have to get a ferry or fly to get to the US.
Edited by collector67 03/25/2016 12:46 pm
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Pillar of the Community
 United States
4589 Posts |
If you use a received and hold service, make sure their insurance can & will cover the value of the parcel between the time USPS delivers it and you pick it up. USPS' responsibility ends with delivery!
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Pillar of the Community
 Canada
5393 Posts |
The cost of using land to land crossing for Commercial purposes is nothing if a pedestrian. $13.05 USD if using your vehicle for any commercial purposes. Do not lie the fines are huge. You can buy a commercial transponder if you use your vehicle a lot. We cross at Sumas WA from Huntington BC ,never a problem and a nice walk of about 1.5 K .A small border crossing that is well versed in commercial shipments and open 24/7/365.
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Valued Member
Canada
257 Posts |
As promised I have written up my PCGS experiences, thank you to gawd0wns & DEVLEC for being curious about it and motivating me to type it all out https://goccf.com/t/257720
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Replies: 14 / Views: 2,931 |
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