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Rare Coin Service Level & Ins

I think it’s odd that the coin service (5) levels does not include a “Rarity” level but banknotes (12 levels) do, just curious.
My question to anyone is what do I do if I have a rare coin I want to submit through the express service level and I want to insure it for $100,000 hypothetically speaking. All I can find for USPS is $5000 insured value; where do I go or what do I have to do to ensure that my coin is insured.
Thanks everyone

Comments

  • jmlanzafjmlanzaf Posts: 35,278 ✭✭✭✭✭

    @Johnscott6443 said:
    I think it’s odd that the coin service (5) levels does not include a “Rarity” level but banknotes (12 levels) do, just curious.
    My question to anyone is what do I do if I have a rare coin I want to submit through the express service level and I want to insure it for $100,000 hypothetically speaking. All I can find for USPS is $5000 insured value; where do I go or what do I have to do to ensure that my coin is insured.
    Thanks everyone

    Registered goes up to $50,000 for USPS

    For $100k or higher, you may need a reinsurer or courier

  • MFeldMFeld Posts: 14,011 ✭✭✭✭✭
    edited January 26, 2022 6:29AM

    PCGS does offer a "Rarities" service level: https://www.pcgs.com/servicesandfees

    Regarding using the USPS and insurance - you can get coverage of up to $50,000 per package through registered-insured mail. A few additional options would be obtaining private insurance, delivering the coin to the grading company at their office or at a coin show or finding an extremely trustworthy dealer to submit the coin for you.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • LakesammmanLakesammman Posts: 17,417 ✭✭✭✭✭

    3rd party insurance - wasn't the Hope diamond sent registered insured?

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Personal delivery and pickup.... Separate insurance.... Private delivery service. Cheers, RickO

  • Thanks
    The site really is a wealth of information thanks to all who have responded.

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