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STOLEN COINS -- UPS SHIPMENT

MsMorrisineMsMorrisine Posts: 35,315 ✭✭✭✭✭
in U.S. Coin Forum

The following coins were stolen from a UPS shipment to Gary Tancer Coin Gallery of Boca Raton. The UPS box was empty when received and appeared to have been opened and repackaged.

These are the invoices that were stolen out of the UPS package:
invoice number 3573036
lines1. 1914 $5 NO grade
2.1834 $5 classic VF30
3.1857 $5 AU55
4.1891-cc $5 AU55
5.1896-s 45 AU58
6.1908 $5 no grade
7. 1907 $5 MS63
8.1912 $5 AU58
9. 1912-s $5 AU58
10. 1904 $2.5 MS65NGC

Invoice number:3573037
lines 1. 1874 G$1 no grade
2.1836 $2.5 no grade
3.1871 $2.5 AU58
4.1909 $2.5 MS60
5.1909 $2.5 MS60
6. 1914 $2.5 no grade
7. 1929 $2.5 MS62
8. 1885-S $5 MS62
9. 1882 $5 MS62
10.1912 $5 MS 62

Anyone with information on this offense should contact:

Doug Davis
817-723-7231
doug@numismaticcrimes.org
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • PerryHallPerryHall Posts: 46,759 ✭✭✭✭✭
    Looks like an expensive group of coins. Why didn't he ship them USPS Registered mail?

    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

  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭


    << <i>Looks like an expensive group of coins. Why didn't he ship them USPS Registered mail? >>



    Looks like they were enroute back from a TPG. Maybe part of a pre-designated shipping service that Tancer had chosen. If they were coming back from Sarasota, the trip across Florida to Boca Raton would likely have been very direct.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • ajmanajman Posts: 1,359 ✭✭✭
    It sounds like the coins were shipped "to" him. Not sure if it was a PCGS shipment or not.
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • blu62vetteblu62vette Posts: 11,943 ✭✭✭✭✭
    Lots of dealer mail it done via UPS/Fedex while collectors use registered more. The dealers have policies on UPS/FedEx shipments.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • goldengolden Posts: 9,980 ✭✭✭✭✭


    << <i>Looks like an expensive group of coins. Why didn't he ship them USPS Registered mail? >>

    image
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Absolutely terrible !!!
    Timbuk3
  • PerryHallPerryHall Posts: 46,759 ✭✭✭✭✭


    << <i>Lots of dealer mail it done via UPS/Fedex while collectors use registered more. The dealers have policies on UPS/FedEx shipments. >>



    It just seems USPS Registered is more secure and the postal inspectors are very aggresive when it comes to pusuing thieves who steal from the post office.

    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

  • UnknownUnknown
    This content has been removed.
  • Matrix1980Matrix1980 Posts: 553 ✭
    I use to use USPS but since this year all my coins must be FeDex (to arrive the very next day cost 40$ but much less stress....customs sometimes opens the package but have yet to have a theft or lost item). Better to pay the max for shipping when dealing with expensive coins...OK you will most likely have to pay customs in my case but worth the peace of mind. Don't get me wrong I hate customs fees but would hate it even more to have my stuff stolen.
  • OPAOPA Posts: 17,137 ✭✭✭✭✭


    << <i>I use to use USPS but since this year all my coins must be FeDex (to arrive the very next day cost 40$ but much less stress....customs sometimes opens the package but have yet to have a theft or lost item). Better to pay the max for shipping when dealing with expensive coins...OK you will most likely have to pay customs in my case but worth the peace of mind. Don't get me wrong I hate customs fees but would hate it even more to have my stuff stolen. >>



    I hope you're self insured because FEDEX maximum coverage on coins is $1,000.

    NGC post for Insurance

    I've been told by UPS that: "UPS WILL NOT INSURE COINS OR BULLION"
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • johnny9434johnny9434 Posts: 29,091 ✭✭✭✭✭


    << <i>

    << <i>I use to use USPS but since this year all my coins must be FeDex (to arrive the very next day cost 40$ but much less stress....customs sometimes opens the package but have yet to have a theft or lost item). Better to pay the max for shipping when dealing with expensive coins...OK you will most likely have to pay customs in my case but worth the peace of mind. Don't get me wrong I hate customs fees but would hate it even more to have my stuff stolen. >>



    I hope you're self insured because FEDEX maximum coverage on coins is $1,000.

    NGC post for Insurance

    I've been told by UPS that: "UPS WILL NOT INSURE COINS OR BULLION" >>

    thats a pisser and its not right of them to do that image
  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    UPS AND Fedex do not insure coins period. You must use a 3 rd party insurance and abide carefully by there stated policy as far as paperwork and packaging in order to be covered even under a 3 rd part carrier. UPS and Fedex are insulated even from negligence and mishandling on the prohibited items regardless of how much you insure an item for if it is not deemed insurable by them. This is stated in there TOS not exactly easy to find and understand but it is there.

    You may have a basis for a small claims case and perhaps even get a judgement but often the 2 carriers will appeal that and bring it a step higher rather then pay a claim. They will win on appeal to a higher court. They have endless resources.

    When they deny the claim keep trying as at times they do pay even when they have an out, this situation is unusual so they may pay the claim in the end.

  • sumduncesumdunce Posts: 1,247 ✭✭✭✭


    << <i>It just seems USPS Registered is more secure and the postal inspectors are very aggresive when it comes to pusuing thieves who steal from the post office. >>



    I lost about $4,000.00 in coins to the USPS mail system in the last year. I got a check for $25.38 back from one of the two "lost" shipments from these "aggressive" postal inspectors. When I called to complain about the rather paltry sum I was told I could contest it but it was my word against the postal employee and the postal inspector would adjudicate who is more truthful.

    If you are going to use USPS only send coins registered since everyone who touches the package is supposed to sign for it. Do not however believe you will get a fair value back on coins from USPS insurance.

    V/R



    S
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭


    << <i>

    << <i>It just seems USPS Registered is more secure and the postal inspectors are very aggresive when it comes to pusuing thieves who steal from the post office. >>



    I lost about $4,000.00 in coins to the USPS mail system in the last year. I got a check for $25.38 back from one of the two "lost" shipments from these "aggressive" postal inspectors. When I called to complain about the rather paltry sum I was told I could contest it but it was my word against the postal employee and the postal inspector would adjudicate who is more truthful.

    If you are going to use USPS only send coins registered since everyone who touches the package is supposed to sign for it. Do not however believe you will get a fair value back on coins from USPS insurance.

    V/R



    S >>



    Maybe things have changed as I have not filed a claim in years, but each and every time I had filed in the past I received a prompt check for the full insured amount after filing out their loss report form.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭


    << <i>

    << <i>

    << <i>It just seems USPS Registered is more secure and the postal inspectors are very aggresive when it comes to pusuing thieves who steal from the post office. >>



    I lost about $4,000.00 in coins to the USPS mail system in the last year. I got a check for $25.38 back from one of the two "lost" shipments from these "aggressive" postal inspectors. When I called to complain about the rather paltry sum I was told I could contest it but it was my word against the postal employee and the postal inspector would adjudicate who is more truthful.

    If you are going to use USPS only send coins registered since everyone who touches the package is supposed to sign for it. Do not however believe you will get a fair value back on coins from USPS insurance.

    V/R



    S >>



    Maybe things have changed as I have not filed a claim in years, but each and every time I had filed in the past I received a prompt check for the full insured amount after filing out their loss report form. >>




    How can the USPS get away with this? Makes no sense if you have an invoice of the insured item.
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