USPS protects their own. How do I know? They told me.
They police themselves.
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@topstuf said:
Jeez, the stuff I'm reading.
Am I the only one who saw Laura's post that her INSURANCE COMPANY decides how to ship?
If she ships as they require, she will be covered.
I highly doubt the insurance company is going to be so complacent about recovery that they would allow the coin to be auctioned by the state unless that's what they would want.
If/when the coin is recovered the insurance company owns it. What state is going to auction it? They would probably contact the shipper and want to exchange it for the $300K or whatever they shelled out to settle the claim.
For sure. $300K can be replaced but that coin is unique and cannot be. I'm sure that the rightful owner would much rather have the coin.
Agree. I've had an item go missing at the post office and would much rather have the item than the money, though it was much less.
Still saying a technical solution is readily available today to track a slab/coin without the offender being aware.
(think about a micro-micro bar code or passive RIF chip. So , please NO excuses for a 300K coin.
just wondering what it did cost to have it certified???
such a "device" will make the last position known (stored in external memory) via its own communication system before being destroyed upon addressing it.
it. we are talking about devices in the dmm or even nmm sizes . please ask our host to chime in on this one.
and , also the coin itself can be identified with a formula developed based on the macro photography.
@topstuf said:
Jeez, the stuff I'm reading.
Am I the only one who saw Laura's post that her INSURANCE COMPANY decides how to ship?
If she ships as they require, she will be covered.
I highly doubt the insurance company is going to be so complacent about recovery that they would allow the coin to be auctioned by the state unless that's what they would want.
If/when the coin is recovered the insurance company owns it. What state is going to auction it? They would probably contact the shipper and want to exchange it for the $300K or whatever they shelled out to settle the claim.
The state could not legally auction it nor could they receive a single cent in exchange for it. As stolen property, it would be GIVEN FREELY to the insurance company
@YQQ said:
Still saying a technical solution is readily available today to track a slab/coin without the offender being aware.
(think about a micro-micro bar code or passive RIF chip. So , please NO excuses for a 300K coin.
just wondering what it did cost to have it certified???
such a "device" will make the last position known (stored in external memory) via its own communication system before being destroyed upon addressing it.
it. we are talking about devices in the dmm or even nmm sizes . please ask our host to chime in on this one.
and , also the coin itself can be identified with a formula developed based on the macro photography.
You can scan the current slab, it has a barcode. An RF chip has a very short range and would have to be near the scanner. If you want to track the coin while it is being shipped over many miles, you need a transmitter which requires a power source and there really is no reason to put that into a slab when it might just be sitting in a safe for 25 years.
Again, as mentioned elsewhere, it would make more sense to put a transmitter in the package during shipping so you could follow the package.
In a situation such as this, has a private insurer ever sued the USPS to recover their loss? This coin was entrusted to the USPS and the USPS either stole it or lost it. Shouldn't the USPS have a legal liability for its loss? I know this is a hypothetical question but it's interesting to contemplate.
Worry is the interest you pay on a debt you may not owe.
@PerryHall said:
In a situation such as this, has a private insurer ever sued the USPS to recover their loss? This coin was entrusted to the USPS and the USPS either stole it or lost it. Shouldn't the USPS have a legal liability for its loss? I know this is a hypothetical question but it's interesting to contemplate.
USPS terms and conditions cover their liability, or lack thereof. You can sue them, and they probably have been, but it would be hard to win when there is no guarantee of delivery.
In cases where there is a guarantee, USPS pays up to the declared value.
For a separate insurance company, it would be odd for them to sue USPS because the insurance company itself is the guarantor of delivery not USPS.
@topstuf said:
Jeez, the stuff I'm reading.
Am I the only one who saw Laura's post that her INSURANCE COMPANY decides how to ship?
If she ships as they require, she will be covered.
I highly doubt the insurance company is going to be so complacent about recovery that they would allow the coin to be auctioned by the state unless that's what they would want.
If/when the coin is recovered the insurance company owns it. What state is going to auction it? They would probably contact the shipper and want to exchange it for the $300K or whatever they shelled out to settle the claim.
The state could not legally auction it nor could they receive a single cent in exchange for it. As stolen property, it would be GIVEN FREELY to the insurance company
I don't know why he brought the state into the discussion unless he was thinking it would be unclaimed property.
@ms70 said:
Wow. That's completely inexcusable. It's suspicious that they're so willing to just pay out the insurance. It's like there's a dirty little secret or something.
Actually, they aren't paying any insurance. Just refunding the guaranteed next day delivery which didn't happen.
@ms70 said:
Wow. That's completely inexcusable. It's suspicious that they're so willing to just pay out the insurance. It's like there's a dirty little secret or something.
Actually, they aren't paying any insurance. Just refunding the guaranteed next day delivery which didn't happen.
Doesn’t express come with $100 insurance as a standard?
Collector of Original Early Gold with beginnings in Proof Morgan collecting.
@PerryHall said:
In a situation such as this, has a private insurer ever sued the USPS to recover their loss? This coin was entrusted to the USPS and the USPS either stole it or lost it. Shouldn't the USPS have a legal liability for its loss? I know this is a hypothetical question but it's interesting to contemplate.
The USPS offers insurance to indemnify themselves in the event of loss, damage or theft. If you don't purchase their insurance then you're SOL.
@jmlanzaf
the power source could be stationary and the moving chip be passive and only respond when detected. No power source needed for the chip. activating Distance?? depends. perhaps up to 5-10 feet??
just like they find a metal object at the airport, the coin within the slab can be located and tracked.
or as you say the package. when the package is opened, a signal will emit from within , like "SPOT" signal and will silently send a coordinate or position marker.
would add another few hundred probably to the shipping or storing cost. But, what the hay....
If I ever have a coin worth more than my house and I want to mail it, I would add one of these to the package.
After reading about all these special coins coming up missing, $50 seems cheap. IDK if having data telling me the package was off course would really help or not. https://www.spytec.com/gl-200-real-time-gps-tracker.html
If I ever had a coin worth more than my “home” or of super high value I wouldn’t mail it.
How many of you posting on this thread would?
I might hire my nephew, the Uber driver, and buy him a box of Depends. And a case of Redbull. And a tracking device.
@ms70 said:
Wow. That's completely inexcusable. It's suspicious that they're so willing to just pay out the insurance. It's like there's a dirty little secret or something.
Shipping fee to USPS would have been the same whether this was a $500 coin or the several hundred thousand dollar coin that went missing. Payout from the insurer may trigger an investigation on their part, but inusurers are used to pa> @MilesWaits said:
If I ever had a coin worth more than my “home” or of super high value I wouldn’t mail it.
How many of you posting on this thread would?
Would only mail it if it didn't have a CAC sticker. Thieves would probably not want the dreck.
I think the media might do a story on a stollen coin worth more than a quarter million, especially if there’s evidence that there is a pattern of this.
That, and a phone call to a few senators or representatives should get the trees shaking a bit. A $1/4 million coin should attract more than casual interest.
Chicago is a great city, but recently rated as the “most corrupt” in America. Gotta fix that before I want much to do with it.
@BryceM said:
I think the media might do a story on a stollen coin worth more than a quarter million, especially if there’s evidence that there is a pattern of this.
That, and a phone call to a few senators or representatives should get the trees shaking a bit. A $1/4 million coin should attract more than casual interest.
Chicago is a great city, but recently rated as the “most corrupt” in America. Gotta fix that before I want much to do with it.
Except you may also tip off the thief who may not know what they have.
Every one says a thief can't sell a well known coin like this-not true. We bought the 1866 Dupont Pattern Dollar that was stolen in 1964 after it turned up a few years ago. I forget the exact story.
Now a 94S 10C was stolen.... What is going on in the world??
What I do not understand, a main center like chi with thousands of packages a day-how can anyone be specifically targeted? Of course we do not write coins or numismatics any where.
...probably it will go (intentionally) to somebody who can more than afford it tenfold...just never on paper. I would wager that this particular crime syndicate knows the exact contents of every high dollar package running through their outfit. It probably runs deeper than a Lou Malnati’s pie. I guess the only good news is that if it’s going to an underworld numismatist/collector, it might be kept/protected as is.
...Hopefully, it turns up as evidence one day...it may never. Here’s to hoping you get your booty back @specialist
@asheland said:
Aren't there couriers that deliver this kind of stuff? Like Brink's or something?
I would never use one unless it was paid for by the buyer at their request.
Otherwise you are asking the seller to spend thousands of dollars - possibly much of the profit - to protect a coin that they are already paying thousands per year to insure.
Every one says a thief can't sell a well known coin like this-not true. We bought the 1866 Dupont Pattern Dollar that was stolen in 1964 after it turned up a few years ago. I forget the exact story.
Now a 94S 10C was stolen.... What is going on in the world??
What I do not understand, a main center like chi with thousands of packages a day-how can anyone be specifically targeted? Of course we do not write coins or numismatics any where.
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Best of tomorrow. I hope it turns out to be a Good Friday.
Bad news. Sorry to hear. @specialist and other dealers: a thief may not be looking for a name on a package but rather a shipping address of who it’s from or know what shipping name you use.
People who are looking for specifics may look for: Legend or “CU” in the shipping name or they look and remember the address. I have a feeling this isn’t a bunch of random thefts but rather people who intentionally are looking for this stuff.
For persons who are intent on stealing, the level of sophistication in how they go about their business is astounding.
If these persons take an interest in rare and valuable coins [even the rarest and most valuable], it would not be too difficult to determine what collectors and dealers play in this deep end of the hobby pool. Once those who play in this end of the hobby pool are identified and located their day to day operations and practices can be determined. Moving coins that are the most rare and valuable from point A [a dealer] to point B [a collector or another dealer] involves many steps. During the process of moving from A to B there are links in the travel chain that can be exploited and attacked [including theft while in the possession of the USPS or other transport entity].
If these persons know that a dealer in these coins is located in a particular city, knows that these coins are transported via US Mail or some other entity and devotes time to find out what day to day operational practices are employed by whoever initiates the transport can figure out when, where and how to steal the coins.
I wonder how diamond merchants handle their day to day operations, including transport of precious stones. Maybe they could suggest ways to minimize the chances of coins being stolen in transit.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Supposedly only 3 parties knew about the shipment; Legend and the customer and your insurance carrier. Was the package delivered to the USPS by a Legend employee or did a USPS person pick it up? If picked up then they had access to a tracking number and any other info on the label. Were there other packages with it or was this one solo? Has your email account been hacked that you're aware of? Is there a way to tell if your email is being accessed from different IP addresses? How many other express mail packages went MIA in Chicago that day? They had to have a way to know what was in the package in order to single it out.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
With a MAJOR coin show coming up next week so close to Chicago, I would not be surprised if the crooks brought the coin to the show.
You need to PRIVATELY make an announcement to all dealers that will be set-up at the show to keep an eye out!
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Supposedly only 3 parties knew about the shipment; Legend and the customer and your insurance carrier. Was the package delivered to the USPS by a Legend employee or did a USPS person pick it up? If picked up then they had access to a tracking number and any other info on the label. Were there other packages with it or was this one solo? Has your email account been hacked that you're aware of? Is there a way to tell if your email is being accessed from different IP addresses? How many other express mail packages went MIA in Chicago that day? They had to have a way to know what was in the package in order to single it out.
Many good questions here that @specialist should answer in her own time.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Supposedly only 3 parties knew about the shipment; Legend and the customer and your insurance carrier. Was the package delivered to the USPS by a Legend employee or did a USPS person pick it up? If picked up then they had access to a tracking number and any other info on the label. Were there other packages with it or was this one solo? Has your email account been hacked that you're aware of? Is there a way to tell if your email is being accessed from different IP addresses? How many other express mail packages went MIA in Chicago that day? They had to have a way to know what was in the package in order to single it out.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Supposedly only 3 parties knew about the shipment; Legend and the customer and your insurance carrier. Was the package delivered to the USPS by a Legend employee or did a USPS person pick it up? If picked up then they had access to a tracking number and any other info on the label. Were there other packages with it or was this one solo? Has your email account been hacked that you're aware of? Is there a way to tell if your email is being accessed from different IP addresses? How many other express mail packages went MIA in Chicago that day? They had to have a way to know what was in the package in order to single it out.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
I was just objecting to the statement that Laura "should answer in her own time". She need say nothing, ever, to any of us unless she wants.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
I was just objecting to the statement that Laura "should answer in her own time". She need say nothing, ever, to any of us unless she wants.
Agreed, but I considered that she need not answer here.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
I was just objecting to the statement that Laura "should answer in her own time". She need say nothing, ever, to any of us unless she wants.
"Should answer in her own time" means that she should answer those questions privately.... NOT here. That would be utter stupid to do.
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
I was just objecting to the statement that Laura "should answer in her own time". She need say nothing, ever, to any of us unless she wants.
"Should answer in her own time" means that she should answer those questions privately.... NOT here. That would be utter stupid to do.
Our account has not been compromised. I won't discuss how we get coin stuff to the P.O. We've been shipping really expensive coins for 30+ years, so we do know the ins and outs. To be technical, Legend Numismatics has never had a loss. Legend auctions has had 2 now.
We are VERY careful of our security whether its mail or being at a show.
@specialist said:
Our account has not been compromised. I won't discuss how we get coin stuff to the P.O. We've been shipping really expensive coins for 30+ years, so we do know the ins and outs. To be technical, Legend Numismatics has never had a loss. Legend auctions has had 2 now.
We are VERY careful of our security whether its mail or being at a show.
Sometimes I get weird emails from people I know and that tells me that their email account has been spoofed or hacked. In fact that's how I realized one of mine was compromised and quickly changed my password. If someone has your credentials, they could log in and read your stuff and as long as that's all they do then you might never be aware of it. Also you or someone else can login to your email accounts from more than one different computer at the same time. Also that particular shipment was either targeted or stolen/missing by dumb luck. If the first one then there had to be an in somewhere.
@specialist said:
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
The good news is that the coins are pretty distinctive, and if they pop up, the coins will be immediately distinguishable. The True Views that come with higher value submissions will also help. I wish you the best in recovering the coins.
@specialist said:
What I do not understand, a main center like chi with thousands of packages a day-how can anyone be specifically targeted? Of course we do not write coins or numismatics any where.
Comments
USPS protects their own. How do I know? They told me.
They police themselves.
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Agree. I've had an item go missing at the post office and would much rather have the item than the money, though it was much less.
Still saying a technical solution is readily available today to track a slab/coin without the offender being aware.
(think about a micro-micro bar code or passive RIF chip. So , please NO excuses for a 300K coin.
just wondering what it did cost to have it certified???
such a "device" will make the last position known (stored in external memory) via its own communication system before being destroyed upon addressing it.
it. we are talking about devices in the dmm or even nmm sizes . please ask our host to chime in on this one.
and , also the coin itself can be identified with a formula developed based on the macro photography.
The state could not legally auction it nor could they receive a single cent in exchange for it. As stolen property, it would be GIVEN FREELY to the insurance company
You can scan the current slab, it has a barcode. An RF chip has a very short range and would have to be near the scanner. If you want to track the coin while it is being shipped over many miles, you need a transmitter which requires a power source and there really is no reason to put that into a slab when it might just be sitting in a safe for 25 years.
Again, as mentioned elsewhere, it would make more sense to put a transmitter in the package during shipping so you could follow the package.
In a situation such as this, has a private insurer ever sued the USPS to recover their loss? This coin was entrusted to the USPS and the USPS either stole it or lost it. Shouldn't the USPS have a legal liability for its loss? I know this is a hypothetical question but it's interesting to contemplate.
Worry is the interest you pay on a debt you may not owe.
USPS terms and conditions cover their liability, or lack thereof. You can sue them, and they probably have been, but it would be hard to win when there is no guarantee of delivery.
In cases where there is a guarantee, USPS pays up to the declared value.
For a separate insurance company, it would be odd for them to sue USPS because the insurance company itself is the guarantor of delivery not USPS.
I don't know why he brought the state into the discussion unless he was thinking it would be unclaimed property.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Actually, they aren't paying any insurance. Just refunding the guaranteed next day delivery which didn't happen.
Doesn’t express come with $100 insurance as a standard?
The USPS offers insurance to indemnify themselves in the event of loss, damage or theft. If you don't purchase their insurance then you're SOL.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
@jmlanzaf
the power source could be stationary and the moving chip be passive and only respond when detected. No power source needed for the chip. activating Distance?? depends. perhaps up to 5-10 feet??
just like they find a metal object at the airport, the coin within the slab can be located and tracked.
or as you say the package. when the package is opened, a signal will emit from within , like "SPOT" signal and will silently send a coordinate or position marker.
would add another few hundred probably to the shipping or storing cost. But, what the hay....
If I ever have a coin worth more than my house and I want to mail it, I would add one of these to the package.
After reading about all these special coins coming up missing, $50 seems cheap. IDK if having data telling me the package was off course would really help or not.
https://www.spytec.com/gl-200-real-time-gps-tracker.html
http://www.silverstocker.com
Anyone can PM me Any Time about Any thing.
.
Great transactions with oih82w8, JasonGaming, Moose1913.
If I ever had a coin worth more than my “home” or of super high value I wouldn’t mail it.
How many of you posting on this thread would?
I might hire my nephew, the Uber driver, and buy him a box of Depends. And a case of Redbull. And a tracking device.
Ocean’s 14?
"Nephew carry" is just about as good as it gets.
+1
Chicago is a great City
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Shipping fee to USPS would have been the same whether this was a $500 coin or the several hundred thousand dollar coin that went missing. Payout from the insurer may trigger an investigation on their part, but inusurers are used to pa> @MilesWaits said:
Would only mail it if it didn't have a CAC sticker. Thieves would probably not want the dreck.
I think the media might do a story on a stollen coin worth more than a quarter million, especially if there’s evidence that there is a pattern of this.
That, and a phone call to a few senators or representatives should get the trees shaking a bit. A $1/4 million coin should attract more than casual interest.
Chicago is a great city, but recently rated as the “most corrupt” in America. Gotta fix that before I want much to do with it.
Except you may also tip off the thief who may not know what they have.
Every one says a thief can't sell a well known coin like this-not true. We bought the 1866 Dupont Pattern Dollar that was stolen in 1964 after it turned up a few years ago. I forget the exact story.
Now a 94S 10C was stolen.... What is going on in the world??
What I do not understand, a main center like chi with thousands of packages a day-how can anyone be specifically targeted? Of course we do not write coins or numismatics any where.
Aren't there couriers that deliver this kind of stuff? Like Brink's or something?
My YouTube Channel
True! I too whenever I get the chance My wife and I will head up to Lake Geneva. Beautiful and historical!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line....probably it will go (intentionally) to somebody who can more than afford it tenfold...just never on paper. I would wager that this particular crime syndicate knows the exact contents of every high dollar package running through their outfit. It probably runs deeper than a Lou Malnati’s pie. I guess the only good news is that if it’s going to an underworld numismatist/collector, it might be kept/protected as is.
...Hopefully, it turns up as evidence one day...it may never. Here’s to hoping you get your booty back @specialist
Yes. The generic term is couriers. The actual names of the service is varied, Brink’s has “Secure Logistics.”
Regardless, if one goes this route make sure they are licensed and bonded/insured.
I would never use one unless it was paid for by the buyer at their request.
Otherwise you are asking the seller to spend thousands of dollars - possibly much of the profit - to protect a coin that they are already paying thousands per year to insure.
It's a commodity, not a baby.
bummer i hope it turns up and the perps are sent to jail
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
AKA a license to steal. Fox guarding the hen house.
"A dog breaks your heart only one time and that is when they pass on". Unknown
Every one says a thief can't sell a well known coin like this-not true. We bought the 1866 Dupont Pattern Dollar that was stolen in 1964 after it turned up a few years ago. I forget the exact story.
Now a 94S 10C was stolen.... What is going on in the world??
What I do not understand, a main center like chi with thousands of packages a day-how can anyone be specifically targeted? Of course we do not write coins or numismatics any where.
Something is now happening. We do not know if our coin was included. Have been told by USPS detectives today. They knew of a group stealing apparently.
Still, out of 50,000+ express mails, how the heck could they pick us out? We do use our name when shipping.
We will be see what happens. The insurance people are coming to interview us Monday. When we had an MIA Brinks package once (the 84+85 TD's) they came in and grilled us like we stole the coins. In the end, the FBI found the coins hidden in the back of the warehouse. It was very unnerving how we seemed to be guilty-when we knew we were not.
We shall see what tomorrow brings now.
Best of tomorrow. I hope it turns out to be a Good Friday.
I think you answered your own question.
Worry is the interest you pay on a debt you may not owe.
Bad news. Sorry to hear. @specialist and other dealers: a thief may not be looking for a name on a package but rather a shipping address of who it’s from or know what shipping name you use.
People who are looking for specifics may look for: Legend or “CU” in the shipping name or they look and remember the address. I have a feeling this isn’t a bunch of random thefts but rather people who intentionally are looking for this stuff.
Wish the best for the numismatic community
My Type Set & My Complete Proof Nickel Set!
For persons who are intent on stealing, the level of sophistication in how they go about their business is astounding.
If these persons take an interest in rare and valuable coins [even the rarest and most valuable], it would not be too difficult to determine what collectors and dealers play in this deep end of the hobby pool. Once those who play in this end of the hobby pool are identified and located their day to day operations and practices can be determined. Moving coins that are the most rare and valuable from point A [a dealer] to point B [a collector or another dealer] involves many steps. During the process of moving from A to B there are links in the travel chain that can be exploited and attacked [including theft while in the possession of the USPS or other transport entity].
If these persons know that a dealer in these coins is located in a particular city, knows that these coins are transported via US Mail or some other entity and devotes time to find out what day to day operational practices are employed by whoever initiates the transport can figure out when, where and how to steal the coins.
I wonder how diamond merchants handle their day to day operations, including transport of precious stones. Maybe they could suggest ways to minimize the chances of coins being stolen in transit.
Supposedly only 3 parties knew about the shipment; Legend and the customer and your insurance carrier. Was the package delivered to the USPS by a Legend employee or did a USPS person pick it up? If picked up then they had access to a tracking number and any other info on the label. Were there other packages with it or was this one solo? Has your email account been hacked that you're aware of? Is there a way to tell if your email is being accessed from different IP addresses? How many other express mail packages went MIA in Chicago that day? They had to have a way to know what was in the package in order to single it out.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
With a MAJOR coin show coming up next week so close to Chicago, I would not be surprised if the crooks brought the coin to the show.
You need to PRIVATELY make an announcement to all dealers that will be set-up at the show to keep an eye out!
Can't hurt to do that^
Many good questions here that @specialist should answer in her own time.
Personally, I don't think it is any of our business.
True, but it's mostly simple obvious observations and maybe things that the insurance folks will ask. Then again it could just be 100% pure unadulterated dumb luck happenstance that a thief took that particular package.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
I should have said we do NOT use our name or logo on packages.
I was just objecting to the statement that Laura "should answer in her own time". She need say nothing, ever, to any of us unless she wants.
Agreed, but I considered that she need not answer here.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
"Should answer in her own time" means that she should answer those questions privately.... NOT here. That would be utter stupid to do.
Ouch.
I assumed that as well. I just raised em.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Our account has not been compromised. I won't discuss how we get coin stuff to the P.O. We've been shipping really expensive coins for 30+ years, so we do know the ins and outs. To be technical, Legend Numismatics has never had a loss. Legend auctions has had 2 now.
We are VERY careful of our security whether its mail or being at a show.
Sometimes I get weird emails from people I know and that tells me that their email account has been spoofed or hacked. In fact that's how I realized one of mine was compromised and quickly changed my password. If someone has your credentials, they could log in and read your stuff and as long as that's all they do then you might never be aware of it. Also you or someone else can login to your email accounts from more than one different computer at the same time. Also that particular shipment was either targeted or stolen/missing by dumb luck. If the first one then there had to be an in somewhere.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
The good news is that the coins are pretty distinctive, and if they pop up, the coins will be immediately distinguishable. The True Views that come with higher value submissions will also help. I wish you the best in recovering the coins.
Is it you being targeted or the recipient(s)?