stolen anniversary coins??????? What to do.

holeinone1972

I sold a few ms69 f/s 20th anniversary silver coins shipped insured usps mail for $600.

Sent 11/21/06 my ebay customer just got an attempted delivery today. Now these should have been there days ago, because we are talking pa to oh. 4 days in a blizzard.

So the mail lady attempted to get my customer to sign for these today, but he requested to see the package first. he saw it was ripped open, and asked her to verify if it was empty, she said yes. He refused delivery, and conbtacted me immediately

He used to work for the post office so it sounds like a good thing. We both talked to a gentleman at his Ohio postoffice, and made them aware of this situation. he is requesting that the package stay there so that a postal inspector can get immediately involved.

Glad I got insurance on these, should I alert PCGS about the certification numbers because the coins are (missing) (stolen)?

Any other advice?

On a side note, I also have been waiting for several weeks on another silver 20th anniversary from a member here, who lives in Maryland. It is also missing in action.

Where is Brett Favre with the news stories of the Pittsburgh coin crime syndicate? LOL

This sucks, Merry X-Mas

Rob

bestday

<< <i>I sold a few ms69 f/s 20th anniversary silver coins shipped insured usps mail for $600.

Sent 11/21/06 my ebay customer just got an attempted delivery today. Now these should have been there days ago, because we are talking pa to oh. 4 days in a blizzard.

So the mail lady attempted to get my customer to sign for these today, but he requested to see the package first. he saw it was ripped open, and asked her to verify if it was empty, she said yes. He refused delivery, and conbtacted me immediately

He used to work for the post office so it sounds like a good thing. We both talked to a gentleman at his Ohio postoffice, and made them aware of this situation. he is requesting that the package stay there so that a postal inspector can get immediately involved.

Glad I got insurance on these, should I alert PCGS about the certification numbers because the coins are (missing) (stolen)?

Any other advice?

On a side note, I also have been waiting for several weeks on another silver 20th anniversary from a member here, who lives in Maryland. It is also missing in action.

Where is Brett Favre with the news stories of the Pittsburgh coin crime syndicate? LOL

This sucks, Merry X-Mas

If didn't sound so quaint..I would label this a scam....Don't you have to make the insurance claim and need the damaged package to support with your claim ?

Rob >>

BigDaddyz

Luckily, I've never had to make an insurance claim on mail. However, I've often wondered about something. If the buyer pays extra to cover the insurance...who actually owns the insurance? Is the buyer the one who is responsible for getting the post office to reimburse or the seller who actually bought the insurance? Should the seller refund the purchase and then recover the money from the post office? Just a thought.

bhartman35

<< <i>Luckily, I've never had to make an insurance claim on mail. However, I've often wondered about something. If the buyer pays extra to cover the insurance...who actually owns the insurance? Is the buyer the one who is responsible for getting the post office to reimburse or the seller who actually bought the insurance? Should the seller refund the purchase and then recover the money from the post office? Just a thought. >>



If I remember what I've read on this forum before (and hopefully I'm not getting it backwards) insurance protects the seller, not the buyer. If that's the case, you should refund the purchase and get the money from the post office.

garsmith

<<should I alert PCGS about the certification numbers because the coins are (missing) (stolen)?>>

Yes you should notify them immediatly, that way if smoeone trys to add them to a registry set you can be notified!

michael

next time registered insured mail only

TomB

I would go through normal channels at your local post office and would not take shortcuts or friendly advice as this may come back to bit you to the tune of $600.

bestday

A Teletrade question.. if Teletrade processes coin to winning bidder ,say the credit card used is a stolen one ..who loses out Teletrade or the coin owner that put coin up for auction ?

coinguy1

<< <i>next time registered insured mail only >>

It depends on the amount of coverage you want, but in this case, in addition to being more secure, I think registered-insured mail would have cost a bit less, too.

holeinone1972

I have talked with the supervisor at the Ohio branch post office and she has the opened package in her posession. She says it looks like it got caught ina sorting machine, and ripped open. She doubts as there was fould play. (OK, whatever)

So I went to my local post office and filled out said paperwork, and provided them copies of all receipts,ebay, and paypal receipts for proof of value.

Now it's just sit back and wait. I am most bummed out about the 3 reverse proofs missing in action. I am sure the thief, or the lucky soul who finds them years from now, will make out quite nicely on them.

I did send an email to PCGS about reporting them as missing/stolen. I did not yet get an answer.

Stay tuned, same bat time, same bat channel. NA NA NA NA NA NA

Russ

<< <i>if Teletrade processes coin to winning bidder ,say the credit card used is a stolen one ..who loses out Teletrade or the coin owner that put coin up for auction ? >>



Teletrade.

Russ, NCNE

Heywood

Maybe you can put the coins in a registry set so no one else can, and if someone tries and complains to pcgs you can back track.

I was going to insure some SAEs I sold today, but you can only insure for what you can produce, so I could olny insure for $100.

I was told that if I sell a certified coin that I buy raw, I can only insure for my purchase price plus the grading fee.

Smitty79

My impression is that it's a scam based on the fact that...
A. A USPS employee attempted to deliver a 'ripped open' and probably obviously empty box. I don't buy it. No mailman in their right mind would put themselves in that situation seeing that it was ripped open.
B. The recipient of said box was supposedly a former USPS employee.
The story could be legit, but my instincts tell me that either these postal employees (mailman, recipient and quite possibly others) are in cahoots or the whole story is a ruse and this guy and some friends are taking you for a ride. This person that you talked to from his post office, did you call them or did they call you?

tincup

<< <i>Luckily, I've never had to make an insurance claim on mail. However, I've often wondered about something. If the buyer pays extra to cover the insurance...who actually owns the insurance? Is the buyer the one who is responsible for getting the post office to reimburse or the seller who actually bought the insurance? Should the seller refund the purchase and then recover the money from the post office? Just a thought. >>



I would think the seller owns the insurance. It is his item, and he purchased the insurance (even though you provided the money for it). The transaction is not completed until you have the item in hand. So it is up to the seller to put in the insurance claim; he should refund your money and start the recovery process.

That is why you will often see it posted here, that insurance is for the sellers protection only. Regardless even if they require you to pay for it.

aficionado

I always send my coins in a BOX. You can still get First Class and it's much more secure.

OR You get a Priority Box for Free from the post office and send it Priority. A padded envelop cost $1 - $2. Priority cost $2 - $3 more, and you can just charge an extra $1 for shipping. There isn't much savings using First Class after you buy the padded envelop.

Use a box and tape all around.

USCGCraig

<< <i>My impression is that it's a scam based on the fact that...
A. A USPS employee attempted to deliver a 'ripped open' and probably obviously empty box. I don't buy it. No mailman in their right mind would put themselves in that situation seeing that it was ripped open.
B. The recipient of said box was supposedly a former USPS employee.
The story could be legit, but my instincts tell me that either these postal employees (mailman, recipient and quite possibly others) are in cahoots or the whole story is a ruse and this guy and some friends are taking you for a ride. This person that you talked to from his post office, did you call them or did they call you? >>



Smitty,

I sent holeinone1972 a coin insured first class about 3 weeks ago and he has yet to receive it. We both think there is something fishy going on at his postoffice.

TwoSides2aCoin

The post office will solve this case !

holeinone1972

<< <i>.
The story could be legit, but my instincts tell me that either these postal employees (mailman, recipient and quite possibly others) are in cahoots or the whole story is a ruse and this guy and some friends are taking you for a ride. This person that you talked to from his post office, did you call them or did they call you? >>



I called the post office and talked with 2 differfent people. One a guy who works there and you can tell he is POSTAL, and does not want bothered, and another lady who was very helpful. Anyway I do not have any reason to doubt the buyers story at all, he has been nothing but apparently (now you guys are starting to make me wonder LOL) helpful.

Either way I am glad I bought the insurance, and I am even happier I kept the receipts as I almost threw them out a few days ago.

I am covered with the insurance, and that is the key here for me.

But this really does suck, and I am not happy about being the seller and the buyer here in 2 bad situations at all.

From now on, boxes and registered mail only.

Rob

holeinone1972

Well good news. I just got a letter today from the US post office that my claim will be paid. It should be here shortly after new year, my ebay customer is happy that his money will be returned, but he is sad that the f/s strike ms69 coins are gone.

O well, at least it was fairly fast and we are both out no cash.

Merry Christmas to all, and to all USE REGISTERED MAIL.

PrivateCoinCollector

Yes, but you need an affidavit from the buyer. I just had this happen to me as well. He claimed the package was opened, but he accepted it!!! Either real dumb, or it is a scam.

holeinone1972

My customer never signed for the package, he saw it was torn, so he rejected it and alerted me immediately.

No scam, and if it is, I am out nothing since the post office is refunding my insured amount.

So I am happy, if there is a scam, that is on him, and his consience.

A Happy Ending, for me.

GAT

I can remember seeing a site a long time ago where the USPS sold found and unclaimed property. Maybe someone on the board knows the URL and if it still exists. If it does you can keep your eye out for the coins.