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 Replies: 10 / Views: 3,233 |
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New Member
Australia
3 Posts |
I am completely confused by directions given by Australia Post regarding sending coins and notes. I have explored their site and been to two offices and still am no wiser.
Is someone able to help and advise the best, safest most secure way of posting items within Australia.
Or a better method.
Thank you
Mark
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Moderator
 United States
23475 Posts |
 We have lots of current members in Australia and you should receive an answer soon. rggoodie
aka Richard
"catch em doing something right"
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Pillar of the Community
Australia
2180 Posts |
I don't think you're meant to post coins or notes but everyone does anyway.
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New Member
 Australia
3 Posts |
Not what I was hoping to hear. But what I sort of expected.
Perhaps we should be putting pressure on AP to fix this.
It is crazy that I can legally send and insure a $5000.00 bracelette but cannot send or insure a $10.00 coin.
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Moderator
United States
187561 Posts |
to the Community! |
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Valued Member
Australia
369 Posts |
You are not alone. Even Australia Post Staff get a bit confused. Basically you can send coins and banknotes if the FACE value doesn't exceed $200. Registered Post or a Parcel signature on delivery service are best and allowed. This is within Australia. Overseas is a different matter these days and coins and banknotes are prohibited. But as previously stated 'everyone does it'.
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Pillar of the Community
Australia
1333 Posts |
Due to legal reason they are not liable for any losses that is what they are saying! So that there isn't mail fraud that all, if it does get lost that usually returned to sender or place in lost and found.
NOTE there is no if or but, about sending coins in the mail it is at the discretion of the person at the counter weather they want to enforce the rule or not (if they know about it) just like they can enforce weather you can get your mail if the name on the package and your ID doesn't match.
best way around it just say metal samples, "change my mind" ahahaha?
It is not illegal to send coins or currency via mail or at least no law in our country as of yet. If you are still worry not that I have sent quite a few through mail and they have arrive at destinations (however sometimes a bit of a delay with snail mail (letter postage), three weeks)
Edited by ryurazu
07/07/2020 7:37 pm
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Pillar of the Community
Australia
1610 Posts |
Ha... I never considered or looked into this even though I buy coins all the time. I will be some day soon selling (and posting) my excess bulk money so I guess it will affect me then. Out of curiousity, how does the Mint send out it's silver and gold issues? I assume not via AP as they could not insure it. Also, I assume this applies to modern legal Aussie tender and not de-monetised items or foreign bills and coins. Or to get more confusing, are they talking legal tender or legal circulating tender?  Edited by David Graham
07/07/2020 8:15 pm
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New Member
Australia
3 Posts |
My undersdtanding is that it applied to all currency domestic or foegien and all coins no matter if they have a denomination or not.
I have received many items from RAM via post, and can only assume that they are prepared to accept the rick.
Be nice to have the issue sorted out.
Any insurance brokers out there looking for a new client base?
Could be profitable.
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Pillar of the Community
Australia
1364 Posts |
Hi Waterside and to the forum! As airgem has stated, you can send coins and notes within Australia as long as their combined face value is no greater than $200. If you are concerned that your parcel might go missing then you can register it which covers the contents up to an amount of $100. If what you are sending is more valuable then this then you have the option of paying for 'Extra Cover' which compensates up to the value of $5000. |
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Pillar of the Community
Australia
1333 Posts |
Not profitable to be insuring mail that's why it's so low an amount they are willing to do for insurance, permiums are so high (That's from dealing with other items via postage/courier receiving items). Never have I bought from Perth Mint retail but I would assume they would use Auspost due to range within Australia for small items, as for wholesale DHL or what's the other guys (mind blank), definitely don't use fastway. Also anything in larger currency amount it's handle by Armguard*, RBA to banks, or you have your own security (if your a baller) :). Not that I would think anyone here would be going that high 100k+ when withdrawing from banks. What with 0 rate or possibly negative rate. Hopefully you aren't looking to hijack some security vans hahaha. Edited by ryurazu
07/08/2020 9:52 pm
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Replies: 10 / Views: 3,233 |
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Posted 07/07/2020 07:51 am
