What's the highest $ coin shipment you've ever mailed....

Peaceman · March 17, 2004 12:51AM

I'll start... $ 5,000.... registered/insured of course..... I tend to PURCHASE more than I SELL....

LucyBop · March 17, 2004 1:03AM

15.5k.....

cost around $25 for registered insured mail.....

Dennis88 · March 17, 2004 1:05AM

$75...Lost......Was a trade, still in negotiations with the person..

Dennis

JadeRareCoin · March 17, 2004 1:06AM

$60,000 for a group of coins. The highest $ coin shipment for a single coin was $26,500. Nothing compared to the big guys. Let's get Parrino into this discussion.

Russ · March 17, 2004 1:14AM

$1.50.

Russ, NCNE

rlawsha · March 17, 2004 1:17AM

Russ,

I think you mean 50 cents

UncleJoe · March 17, 2004 1:24AM

$455. First Class mail insured.

Anything higher than that is in person.

Joe.

Russ · March 17, 2004 1:26AM

<< <i>Russ,

I think you mean 50 cents >>

It was three coins.

Russ, NCNE

JadeRareCoin · March 17, 2004 1:35AM

Russ, didn't you sell the famous flea market Morgan on eBay for $3,500 (+/-)? Did you mail that coin or hand deliver it?

Blade · March 17, 2004 1:36AM

$15K - registered & insured

I thought the USPS had a $25K insurance limit for registered mail. What options are available for shipping higher value coins?

Jadecoin - how did you execute your $60K shipment?

RELLA · March 17, 2004 1:54AM

$135K; USPS with third party insurance.

RELLA

Russ · March 17, 2004 1:55AM

<< <i>Russ, didn't you sell the famous flea market Morgan on eBay for $3,500 (+/-)? >>

I only wish it sold for that much.

Russ, NCNE

JadeRareCoin · March 17, 2004 2:01AM

Jadecoin - how did you execute your $60K shipment?

Blade, we used USPS Registered for that package. We have 3rd party insurance for shipping coins.

BAJJERFAN · March 17, 2004 2:21AM

$3900 for a single coin $5000 for a pack of 5. ALL USPS registered AND insured of course!

centmaster · March 17, 2004 3:27AM

I thought the USPS had a $25K insurance limit for registered mail. What options are available for shipping higher value coins?

They do have a $25K limit. I found that out last week when I was sending a package I wanted to insure for more than that. They told me I could either insure it for the $25K and pay $37 to send it or declare its full value and pay more, even though I wouldn't be reimbursed for its full value if it was stolen. When I asked the obvious question of what I would paying the extra money for, the response was, "The post office is charging you for handling a package worth X number of dollars, but is not responsible for it more than $25K." Amazing! I also found out the only way to send anything worth a considerable amount over $25K is to get personal liability insurance.

relayer · March 17, 2004 3:28AM

$14,000

I'm in Southern California and the buyer was in Las Vegas.

Since he already wired the funds, I was half thinking about driving out there and delivering it in person. The PO got it there OK though.

mgoodm3 · March 17, 2004 3:32AM

About 1k. Bush league by most around here.

ms71 · March 17, 2004 3:35AM

Way outta my league!

manlye1 · March 17, 2004 3:42AM

1k here

BAJJERFAN · March 17, 2004 5:12AM

"They do have a $25K limit. I found that out last week when I was sending a package I wanted to insure for more than that. They told me I could either insure it for the $25K and pay $37 to send it or declare its full value and pay more, even though I wouldn't be reimbursed for its full value if it was stolen. When I asked the obvious question of what I would paying the extra money for, the response was, "The post office is charging you for handling a package worth X number of dollars, but is not responsible for it more than $25K." Amazing! I also found out the only way to send anything worth a considerable amount over $25K is to get personal liability insurance."

The extra fee is for added security and they will follow the delivery vehicle with an unmarked car if necessary. If you send a $50,000 item and only declare it as $25 K and don't pay the extra fee and it gets lost you will be SOL and your entire claim will be disallowed on the basis that had they known the true value they would have handled it differently. Therefore they are essentially guaranteeing delivery. I think you need to speak with someone at your post office who knows what they are talking about.

cosmicdebris · March 17, 2004 5:14AM

I sent a submission to PCGS once registered and insured for $1250.00

ealandg · March 17, 2004 5:14AM

$4,500 for 7 coins to PCGS...

jtwax · March 17, 2004 5:19AM

2.5k to Austrailia, uninsured. It made it too!

Julian · March 17, 2004 7:36AM

I have been mailing packages for nearly forty years and have never lost a registered package.
I do have private insurance that covers amounts greater than the USPS, but still have never lost anything.

Registered mail is the safest method of shipping, although it has taken some packages two weeks to arrive.

airplanenut · March 17, 2004 7:39AM

$6000 a few weeks ago, Registered, of course

EagleEye · March 17, 2004 7:45AM

I mailed a $125K package Express Mail with private insurance. No problems. Never had a problem with Registered mail, however...

Back in 1989 the finest known 1873 Doubled LIBERTY Indian Cent, had just been graded by NGC MS65RB. They forgot to put Doubled LIB on the holder so we (Elliot Goldman, when I was with Allstate coin) sent it back. It never made it. How do you value a pop one coin, finest known, just graded and the plate coin on the cover of my first book! Elliot settled for $35K from the insuracne company.

I recently sent a $55K coin to a customer (insured of course) He said the Mailman left it on his front porch! We called his superior had that mailman fired!

relayer · March 17, 2004 7:55AM

<< <i>He said the Mailman left it on his front porch! We called his superior had that mailman fired! >>

I'm not sure I'd want my recently fired mailman to know it was because he left a $55K package on the porch.