Proof Of Value For USPS Registered Mail

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Author	Replies: 7 / Views: 878
OneBowl Pillar of the Community United States 759 Posts	Posted 04/28/2022 2:56 pm I will be moving soon and will need to get all the coins in my safe deposit box from east coast to west coast. It appears USPS Registered Mail with insurance is the best option. For the sake of this discussion, assume it's 300 coins with a total value of $40,000. What is the best way to satisfy the USPS requirements below? What would be an acceptable newsletter or trade paper and how would I obtain? "For stamps and coins of philatelic or numismatic value; the fair market value is determined by a recognized stamp or coin dealer or current coin and stamp collectors' newsletters and trade papers. The date of the fair market value determination must be current and prior to the mailing date." For those that may want to respond with "take them with you and carry," that's not an option. Thanks for any advice. I'm sure I'm not the only one who's been faced with this situation. Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 04/28/2022 3:30 pm Report this Post to the Staff
GrapeCollects Pillar of the Community United States 8938 Posts	Posted 04/28/2022 4:22 pm Many dealers will provide a written appraisal for a fee. I'm not sure where you're located from so I can't help you with any local recommendations. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7273 Posts	Posted 04/28/2022 5:05 pm It says trade paper, that means greysheet. Get the latest greysheet. Highlight the coins/grade and take photos of the coins. If it was me, I would take them with me. While I've never had anything ever stolen from USPS, me filling out a form saying I have $40k in items may tempt someone. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 04/28/2022 7:38 pm How do high end sellers ship their items? John1 Report this Post to the Staff
Slerk Pillar of the Community Russian Federation 1557 Posts	Posted 04/28/2022 8:36 pm I recently also transported my collection. I just gave most of it to my mom in a suitcase when she was flying to another part of the country (you indicated that this option is not for you). It always seemed to me that the cheapest and easiest way to take a few particularly valuable coins with you in a backpack, the rest to transport in batches, possibly small. In order to avoid a lot of damage in case of loss, damage. But I have to clarify, I didn't have many coins, but the durability of the collection was about 2 thousand dollars. Edited by Slerk 04/28/2022 8:39 pm Report this Post to the Staff
captaincoffee Pillar of the Community United States 600 Posts	Posted 04/28/2022 9:34 pm Unless these are all slabbed coins, it will be challenging to show the value using greysheet when you actually try to claim. For raw coins, I expect you would need a written appraisal. I've moved nine times with my collection, and to my wife's chagrin, I've lugged the valuable stuff in a single (very heavy) carry-on and slipped the less valuable stuff into the mover's boxes when the movers weren't around. However, I'm confident that the value was quite a bit less than $40K. Edited by captaincoffee 04/28/2022 9:38 pm Report this Post to the Staff
jbuck Moderator United States 187914 Posts	Posted 04/29/2022 09:09 am I have to assume you do not have a car you will be taking with you across the country. Otherwise, that would be my answer as I have done this several times in my life (although not recently). Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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