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Mailing Coins......

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Author Previous TopicReplies: 9 / Views: 1,959Next Topic  
Pillar of the Community
aladinslamp's Avatar
United States
3076 Posts
 Posted 02/02/2010  02:45 am Show Profile   Bookmark this topic Add aladinslamp to your friends list Get a Link to this Message Number of Subscribers
I usually never buy EXPENSIVE coins on line, But once I sold a guitar and sent it over seas, in the end every thing went well,
But the one thing I noticed was, that they would only let me insure my item for $650 for a $2,000 item?
So my question is essentially, If you buy sell or submit a coin say worth $10,000, how does one ship and receive an item and be protected, when the post office will not insure it for higher valued items.......
I had read in the forums, using registered mail, means your package is safe.....but what protects your value, if something should be somehow lost?in many an instance, a person would possibly prove the value they spent, say an ebay item,,,,,,,file the forms and wait for the settlement
what if you submit a coin of an unknown value and it comes up missing? would you be given the lowest possible value?
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 02/02/2010  08:09 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Registered mail is insurable up to $25,000. The problem you encountered deals with mailing outside of the US.
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 02/02/2010  10:47 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Standard U.S. Mail is insurable on the full value of the contents up to $5,000. When you go over $5K you have to switch to Registered Mail.

Registered Mail is usually cheaper, so even if the package is $2K to $4K, I use Registered Mail.
ANA #R3154474
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 02/03/2010  3:22 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Registered mail becomes cheaper once the declared value goes over about $800. That's why PCGS's claim of new lower cost shipping makes no sense.
http://www.coincommunity.info/new-l...ers-02-2010/

It's only going to be cheaper for those packages worth less than $800. Everything else is going to be more expensive and less secure (but faster).
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 02/03/2010  3:26 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
PCGS is SELF-insuring. Costs go down. They are not using USPS Insurance.
ANA #R3154474
New Member
Sokol's Avatar
Belarus
30 Posts
 Posted 04/03/2010  10:20 am  Show Profile   Bookmark this reply Add Sokol to your friends list Get a Link to this Reply
And how to mail coins to Belarus? Are there any problems whith customs?
Pillar of the Community
aladinslamp's Avatar
United States
3076 Posts
 Posted 04/03/2010  11:16 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
any time an item gets shipped into countries they all want a piece of the pie, a tax on the value of the item...
New Member
Sokol's Avatar
Belarus
30 Posts
 Posted 04/07/2010  09:42 am  Show Profile   Bookmark this reply Add Sokol to your friends list Get a Link to this Reply
I Know!)
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WpgLwr's Avatar
Canada
1082 Posts
 Posted 04/07/2010  09:47 am  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
I think that the best way to mail to other countries is to keep the shipments small, say, to a single layer of coins between cardboard. Not enough to interest Customs in certain countries that way.
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Nic's Avatar
Philippines
1156 Posts
 Posted 04/12/2010  06:11 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply

keeping the number of coins down to max of 5 will help on the weight as well as minimize the red tape that accompanies each package.

Over here around 10 coins and it is extensively looked and peered at
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