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Is it better to ship coins by FEDEX or UPS ?

Is it better to ship coins by FEDEX or UPS with insurance to a residence? Who cost more? USPS is not an option because of a mailman that sign for packages himself.
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
San Diego, CA

San Diego, CA

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San Diego, CA
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<< <i>USPS is not an option because of a mailman that sign for packages himself. >>
Can you expand on that? I've shipped thousands of packages through the postal service and haven't encountered this as an issue.
Russ, NCNE
<< <i>Is it better to ship coins by FEDEX or UPS with insurance to a residence? Who cost more? USPS is not an option because of a mailman that sign for packages himself. >>
Baffled also. Please explain.
FEDEX and UPS both suck.
Ken
I do sometimes get a BLUE insured package left in my P.O. box that is suppose to be sign for, so I guess it happens.
San Diego, CA
<< <i>Someone that I sold something to says that his mailman just signs for the packages and leaves the package in his mail box. I have never encountered that before either but that was what he say.
I do sometimes get a BLUE insured package left in my P.O. box that is suppose to be sign for, so I guess it happens. >>
If that happens take it down to your Post Office and ask them WTF is going on !! Roast the turkey that does not play by the rules.
Ken
I guess that was what my buyer did, but the problem is that the turkey is still on the job and he now has an angry turkey.
San Diego, CA
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Does FEDEX sell third party insurance at their retail locations?
Thanks.
San Diego, CA
<< <i>FedEx is better since they work with third party insurance.
Does FEDEX sell third party insurance at their retail locations?
Thanks. >>
No. It is up to you to find a third party who will insure your coins for shipping and transit. FedEx house insurance will not insure coins or monetary items (says on their disclaimer).
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
San Diego, CA
<< <i>How about if I don't insure the coins but sells the coin slab for $1000.00 and insure that.
They're not stupid, and they won't buy it. The safest way to ship $1000 (the only way I will) is by registered mail. If the carrier signs for it and leaves the package in the mailbox, especially with a complaint already lodged, his job could be in serious jeopardy. I wouldn't worry about a registered package getting lost.
Jeremy
Insuring the slab and not the coin wouldn't work either because the slab is attached to a cash item.
Registered mail is reliable, but extremely slow.
By the way, even if a postal worker loses his job it isn't much consolation for you since all they got was terminated and you're still missing your merchandise. With very few exceptions, the terminated postal worker is not financially liable for any items they lose.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Not only is Registed used for high value items. The U.S. Goverment and Miltary classied material up to Secert is sent that way.
When I was a loadmaster in the Air Force we carried registered mail quit often. It was allways hand to hand signed for. And we where required by law to keep our records for seven years.
San Diego, CA
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<< <i>Is it better to ship coins by FEDEX or UPS ? >>
Why don't you ask Heritage...
<< <i>As an insight, I have been shipping coins via FedEx for almost six years, and I have never had a single package lost although several have been delayed. This is out of a total of several thousand shipments. >>
This is probably because your customers got their item back from the neighbor after it was dropped there instead of taken back to the depot when the customer, yours, was not home.
Yes this did happen to me with a package worth about 2 grand from Heritage. When I asked FedEx, after finding out what had happened, they said it was standard practice to do what they had done. Right then FedEx went with UPS in the "You Suck" catagory.
I have never had this happen with the Postal Service. NEVER !!
Ken
I use USPS registered for expensive packages and first class for all others.
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<< <i>Heritage ships uninsured because their business insurance will pick up the loss. >>
If thats the case, then I might as well not do business with them.
<< <i>USPS Registered mail. The only way to go. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i> Someone that I sold something to says that his mailman just signs for the packages and leaves the package in his mail box. I have never encountered that before either but that was what he say. >>
A good mailman will do this if his customer trusts him and asks him to do so.
I was going to start an anti-FedEx thread tonight because I've had increasing problems with them (since approximately November), both as a sender and as a recipient. Packages are taking too long to be delivered, or they aren't delivered in the time frame specified but at the "convenience" of the carrier.
It wasn't always like this; FedEx used to be considerate to everybody. Now they only seem to care if the sender holds their feet to the fire. Some senders just aren't set up to do this; FedEx screws up delivery times windows on U.S. Mint shipments all the time, apparently confident that even if they get caught, nothing will happen to them
On the other hand, I am a discriminating customer: FedEx lost 60% of their expected revenue from me these past three months because they couldn't deliver properly! It is up to customers like me to demonstrate that excessive concern for fuel costs by this carrier is a false economy.
Today, my office opened an account with DHL. They delivered boxes, tubes, and shipping labels this afternoon, so we'll be ready to ship tomorrow. (FedEx messed up pre-printed airbills three times in the past three weeks!)
FedEx, you have been warned!
(Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
he will usually come to the door for a signature ( I work nights )
but - last week I got a slip in my box and went to the PO to pick up a package that was worth $50
and the same day I made the trek to the PO I also received a $700 coin in my box with no signature
I would just ship it USPS insured and if the buyer does not get it for whatever reason, file an insurance claim
My post office does not require an ID to pick up a registered package. I don't know why. If they put the yellow card in the wrong box, someone else would easily get my package.
That said, Fedex has turned into another UPS. They are paid to see that your package is delivered. They are not paid to see that you get it.
My recent experiences with Registered have had quick delivery ( less than a week from back east.)
<< <i>USPS is not an option because of a mailman that sign for packages himself. >>
You mean this guy?
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