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 Replies: 22 / Views: 2,700 |
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Pillar of the Community
United States
931 Posts |
I shipped two Indian Half Eagles Registered and Insured with the US Postal System last Friday the 1st of July. It still hasn't been received by NGC as of Thursday the 7th and when I run the tracking number all that is shown is that it was accepted by my local Post Office on Friday the 1st of July. I'm really glad that it is happening with these two coins because they are the worst Half Eagles that I own. The downside is that it will take me six months to get my insurance settlement and gold will probably be $1800 per ounce by then. Next time I will insure them for a six month projection of gold prices instead of the current price for the grade that I have estimated them to be. Thank God for Registered Mail and Insurance. I did stop in at the PO today and their search came out the same as mine. At least it didn't happen on my last shipment which contained five of my favorite Half Eagles. Our Government sure does run like a well-oiled machine!
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Pillar of the Community
United States
1081 Posts |
You may still have hope. Registered mail is slower then the usual mail, somebody could have just not scanned it or misscanned it. Keep in mind that the post office was closed on Monday too.
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Valued Member
United States
374 Posts |
I had a Registered, ins sig confirmation take almost a month to reach me. I had all ready got my refund from ebay/paypal. I of course repayed the seller and that was that. Funny my package was some pamp suisse gold bullion. Gold must be easy to detect in the mail.
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Pillar of the Community
United States
6381 Posts |
I agree that there is no cause for alarm yet. With the slow delivery rate for Registered mail packages plus the intervening 4th of July weekend I wouldn't be surprised by a week or more total transit time.
Registered US mail is widely regarded as the safest possible way to ship valuable items. If that is no longer true many collectors will have a big problem.
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Pillar of the Community
United States
1817 Posts |
Very odd these "lost" gold coins. I was just reading about the 1795 gold eagle encapsulated by PCGS that was lost in Illinois and valued at nearly $400,000. If I had that kind of money for a coin of that provenance, I think I would pay $1000 for a flight to personally retrieve it. There was another thread earlier this year about one of the shipping hubs in Ill. or Missouri as being the black hole of the USPS where many packages disappear to. Hope your gold shows up, what a bummer.
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Pillar of the Community
United States
4000 Posts |
I agree. Too early to be alarmed.
The first time I shipped registered, I thought tracking was pointless because it didn't get updated until it had delivered!
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Pillar of the Community
United States
1817 Posts |
I mailed a return back to the Mint on 6-30 via priority mail with insurance. It got to Indianapolis on 7-01, and wasn't delivered to Plainfield until yesterday, so definitely the holiday interfered with shipping times.
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Valued Member
United States
178 Posts |
I had a lost package with USPS.... 3 months after I mailed it, it popped out of their system and finally got delivered!
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Pillar of the Community
United States
2335 Posts |
I sent a large chunk of 90% silver to APMEX by registered mail a couple months ago. It showed up on the USPS website as sitting in the local post office for several days after APMEX emailed me that it had been delivered. |
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Valued Member
United States
262 Posts |
It's probably worth noting that USPS is not required to scan mail at every point. Versus a company like UPS or FedEx where everytime it hits a destination it is scanned, USPS does not and again is not required.
I know this because I've had "lost" packages and it'll show up three days later and only show the origin scan.
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Pillar of the Community
United States
2936 Posts |
I've had around a dozen packages lost by the USPS over the past 15 months. Others eventually do make it too. My personal "worst" is 58 days from Florida to Maryland. That was an 1892 O Barber half too! They (USPS) are losing their butts now and doing many things to "cut back" on costs. A prime example is hiring "casual" workers for $8-10/hr. as opposed to long term Union employees @ $30+/hr. I've learned to mix up my mailings so that packages aren't always the same in look and feel. My Postmaster thinks the odds are good that a casual worker keyed in on my outgoing packages and would purloin one every now and then. Thankfully, he didn't get the 92O Barber!
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Pillar of the Community
United States
524 Posts |
I had the one going through the black hole Hazelwood Mo. It did finally show up six weeks later. Tracking didn't show it until it was at my door. Seller had already replaced the coin so I sent it back to him. I wish I could talk to someone who knows how it works. When a package vanishes does it get looked for? Or do they just wait for months to see if it shows up? Is there a program that signals when a package came in a facility but never went out?   |
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Rest in Peace
United States
4849 Posts |
It's definitely too early to be worried. I would give it at least another week or 2 to file a claim.
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Pillar of the Community
United States
5820 Posts |
Registered mail can be automatically insured up to $25,000, that is you declared what you have wrote on the proof mailing slip at the post office. 6 days is too soon to jump to conclusion, I'd wait till mid next week.
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Pillar of the Community
United States
3184 Posts |
Have had the same thing happen.....it should arrive any day hopefully
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Moderator
 United States
15389 Posts |
 with all the above. Registered mail is slow for many reasons ...mainly the security requirements that are imposed on the package. Your registered mail package goes into a safe when you pay at the USPS ... and goes from safe-to-safe on its destination. I've had registered mail packages take 10 days to go from MD to NJ ... 300 miles! This is the absolute most secure way to ship anything within the USA ... so I say no worries yet. Postal trivia .... the Hope Diamond was sent to the Smithsonian Institution via USPS registered mail.  Check back with us in a week ... I suspect your Indians will have arrived. David |
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Replies: 22 / Views: 2,700 |
Posted 07/07/2011 2:13 pm
