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Shipping Gold 8 Escudos Coin To Cayman Islands - How To Insure?

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Author Previous TopicReplies: 4 / Views: 924Next Topic  
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MasterKromm's Avatar
United States
110 Posts
 Posted 05/30/2022  1:14 pm Show Profile   Bookmark this topic Add MasterKromm to your friends list Get a Link to this Message Number of Subscribers
Hi, hopefully someone with more experience can share some insight...

So I have a buyer that would like me to sell him a 1793 Colombia 8 Escudos gold coin. He is located in the Cayman islands and only wants the coin shipped FedEx. I don't typically use FedEx, DHL or UPS for precious metals because I know they will not pay on an insurance claim should the coins be lost/stolen/damaged/ect. Is there any kind of third party insurance option available? Any insight would be most appreciated, thanks in advance!
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 05/31/2022  09:44 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Perhaps the buyer has a representative on the continent. You could meet with a third party and give them a coin.
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Slider23's Avatar
United States
4469 Posts
 Posted 05/31/2022  10:49 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Here are a couple of companies that you might want to check out for international shipping of coins.

shipandinsure.com - They handle domestic and international shipping insurance of coins. I have read that some US coin dealers will use this company to insure all domestic shipping of coins vs paying shipping carriers. A membership may be required.

Hugh Wood - They are an international insurance company. A large and most likely the best domestic insurer of coins, but an ANA membership is required. You would need to call they them to find out if they would handle a one off none member international shipping.

Edited by Slider23
05/31/2022 10:51 am
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MasterKromm's Avatar
United States
110 Posts
 Posted 05/31/2022  6:36 pm  Show Profile   Bookmark this reply Add MasterKromm to your friends list Get a Link to this Reply
@ Slerk, yes that was my very first suggestion, but he has no one he trusts stateside or near Florida.

@ Slider23, Thanks I will check both suggestions out for international shipments... I ship USPS priority + registered mail if domestic and high end/valuable. In fact, I just recently sold a 1 Kilo Tiffany Art .999 silver 2016 Palau Amar Sagar coin/round for $7650. The cost to ship + insure with registered mail was ~$50 total.

Oh and for anyone else who might stumble across this discussion, I have messaged another third party insurer, Shipsaver.com. I will report what I find out from them, assuming they get back to me.
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