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Shipping Coins Internationally With Insurance.

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Author Previous TopicReplies: 7 / Views: 4,758Next Topic  
Valued Member
projack's Avatar
Australia
122 Posts
 Posted 11/27/2009  8:20 pm Show Profile   Bookmark this topic Add projack to your friends list Get a Link to this Message Number of Subscribers
I having problem to send coins to Canada and insure it for $1500.
Using the postal service coins are not insurable in Canada also a problem.
Here in Australia once I mention I want coins to be shipped oversees, no one really wants to do it. No Australia Post, no DHL or others.
Anyone have a good safe insurable way to send gold coin to the US or Canada.

Valued Member
PNC king's Avatar
Australia
444 Posts
 Posted 12/05/2009  8:45 pm  Show Profile   Bookmark this reply Add PNC king to your friends list Get a Link to this Reply
just send the coins express and write that you have tokends in the parcel
New Member
Australia
2 Posts
 Posted 12/10/2009  10:36 am  Show Profile   Bookmark this reply Add karyn to your friends list Get a Link to this Reply
I have investigated this a fair bit, no one will knowingly touch coins and honestly insure them, sure they say they will insure valuables but a claim will die as all the fine print does not cover coins, whether current or old, nor does bullion. If you have a dealership you can claim insurance but if you are honest no you cannot post coins honestly you have to do as the above gent (sorry presuming there) has said be creative with your naming of them. Even Fedex wont do it. There are many who think for instance that Registered post in Australia covers you, it may say so in one area but look in another of their rules and it says no, so on one hand one is led to believe you can but the bottom line is no - valuables and that is coins/bullion is not insurable - those who say that they can insure for up to $5000 are also not correct-this I have checked as well. One hates lying but if your are a small time seller and not backed by multiple copies and can take losses and claim on your insurance you have no real option but to use creative language to describe your gift. good luck
Valued Member
projack's Avatar
Australia
122 Posts
 Posted 12/14/2009  5:32 pm  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
I went to the post office today and as usual I marked some oversees parcels as numismatic item. The lady at the counter told me straight away they just had an internal memo going around recently notifying them of the prohibition of sending coins inside or outside Australia. She was friendly and told me she will take the parcels, but they could come back to me if custom picks it up.
I don't think custom will turn it back because it is not illegal to send numismatic coins oversee only Australia Post has this stupid policy.
Anyway straight away I asked her about the transportation of the coins they are selling in most post offices, and if they are getting them with the postal service or with a third party courier service. After that she tried to explain to me the different rules for businesses, but I said this has to be in official writing otherwise the post office is the first one who breaking their own rules.
I believe the whole problem comes from the inside stealing of the parcels, and the post office should work to stop their own thieves instead of punishing the public. After all originally the post office was set up with the intention of a non profit public interest serving entity. This obviously has changed over the years with profit first before the public interest mentality.
Does ANDA have a position or policy on this? How many of their dealers doing mail orders are impacted by this?
Pillar of the Community
turtleoverhead's Avatar
Australia
585 Posts
 Posted 01/08/2010  2:50 pm  Show Profile   Bookmark this reply Add turtleoverhead to your friends list Get a Link to this Reply

Quote:
I believe the whole problem comes from the inside stealing of the parcels, and the post office should work to stop their own thieves
_____________________________________________________________________
I used to buy coins from Czech Republic but since a last year
Czech Post doesn't allow an insurance on coins. Why? On the request of Australia Post! That useless bunch doesn't wont to be responsible for anything.
Pillar of the Community
humpybong's Avatar
Australia
1262 Posts
 Posted 03/02/2010  5:03 pm  Show Profile   Bookmark this reply Add humpybong to your friends list Get a Link to this Reply

I have sent a number of packages overseas from Australia to various countries described as HOBBY SUPPLIES and I usually insure them for the minimum value (A$100) so that I have a tracking number.

Twice they have been delayed by customs in the importing country but once I do a check thru Australia Post they were released.

Main problem country was India.
Moderator
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rggoodie's Avatar
United States
23510 Posts
 Posted 03/02/2010  6:35 pm  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
I have been receiving coins from Australia sent to the US for years.
sometimes they are insured - sometimes not. They have come with various descriptions

The best one I got was marked gag gift and it had two valuable coins over $200 each in the parcel but the rest of the package

contained a large amount of foil covered chocolate coins.
Luckily there was lots of plastic wrap and no melted chocolate got on the "real" coins

It does not matter where we seem to send our little treasures, some one or some government is trying to interfere.
I am still waiting on some packages that were sent to some people for the secret Santa contest that closed 2 months ago.
Pillar of the Community
Jeff's Avatar
Australia
877 Posts
 Posted 06/22/2010  6:57 pm  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
Every country seems to have different requirements. Canada will not accept coins and does not allow insurance for valuables (What else would you want to insure).
Most countries have restrictions on importing/exporting coins and/or bullion but I have never had a problem with collector coins. I think, from memory, US will not allow coins for hobby purposes but does allow dealers to receive coins!
Some countries have a limit on insurance value (one I just found was Ukraine US$250 -I sent a large order [over $300] but insured for $200 at buyer's request).

If shipping from ebay sales probably best to use registered or express post (depending on weight) and forget insurance. That gives tracking (and signed for delivery for most countries) which would satisfy Paypal requirements, if a claim ever became necessary.
One exception is parcels between 250g and 500g. Air mail + $100 "extra cover" is usually cheaper than registered.

Never describe valuable coins to suggest that is exactly what they are in a customs declaration. It is stuck to your item and your description is clear for anyone who handles it to read. A sure recipe to encourage an item to go missing. Also, get the appropriate customs declaration before packing -your package has to be big enought for it as well as ID sticker and stamps or payment sticker, air mail sticker etc.

Another handy thing to know is that international letters will likely be rejected by customs if they contain other than paper. Australian letters can be any packing and contents that comply with the size and weight restrictions. A 500g "parcel" 250x350x20mm is $2.85 cheaper to post as a letter than as a parcel.

Read more here (if you really have the time)...http://auspost.com.au/apps/internat...t-guide.html

Jeff
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