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How would you ship this.
tizofthe
Posts: 1,357 ✭✭✭
Looking for the most secure way to cover myself in case of loss.
Shipping a 100oz silver bar. Value approx 1900.00.
USPS with insurance wants 40.00. dang thats a big part of my profit
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wondercoin, duffman,PiecesOfMe, Smittys, LogPotato, Bumanchu, Tydye, segoja, Harry779, FullCameo, Twosidestoeverycoin, jmdm1194, rkfish, drewsef, Chrischampeo, Kaelasdad, Ahrensdad, Dabigkahuna, Barbwire, sebrown, mkman123, Gerard
wondercoin, duffman,PiecesOfMe, Smittys, LogPotato, Bumanchu, Tydye, segoja, Harry779, FullCameo, Twosidestoeverycoin, jmdm1194, rkfish, drewsef, Chrischampeo, Kaelasdad, Ahrensdad, Dabigkahuna, Barbwire, sebrown, mkman123, Gerard
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Comments
FedEx with adult signature.
fedex nor ups insure bullion
private insurance will be required for a cheaper option.
I would put it in a flat rate small box or envelope of it doesn't fit in the box but heavily tape the edges of the envelope with shipping tape then the brown tape for registered and ship the box USPS registered mail. Total cost with $1900 insurance would be about $25-30. I do it all the time for packages over $1k.
Registered Mail in a Medium flat Rate box is 31.25. That's across the country.
In a Magnum condom box
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Mark, you beat me to it.
Lance.
Box it up, tape it very well, throw it in another box slightly larger with some bubble wrap around it and tape well. Make sure nothing jostles around. A bad center of gravity will pop 100oz right out of the box.
Eat the insurance, you gotta do it. When I shipped big silver (small town), the postmaster would let me take pictures of it with shipping label.
If you guys ever do UPS, triple box it. You wouldn't believe me if I told you how badly "smalls" would get thrown around. They sometimes literally end up in piles falling all over each other and frequently kicked back into the piles if they strayed. I'd never ship anything of value UPS or FedEx. Drivers will drop heavy smalls they don't care. USPS does.
Pack it well (box in a box) and insure it yourself.
In spite of all their overhead insurance companies make a lot of money.
Lance.
This. And USPS will honor insurance for bullion when it is sent registered.
Keep an open mind, or get financially repressed -Zoltan Pozsar
I had to ship 9 100 oz bars to apmex, the day it hit 48.50 and oz . Nervous as a cat on a hot plate. I took each bar, packed it tightly in a small flate rate box, then put each of thoses boxes in a large flat rate.
Anyway, fit it securely in a flat rate small, then place in a larger size priority box (flat rate medium)and packing tight so it don't slide around, tape good, and secure it good. Insurance is costly, but if you don't have private, wing it and take the chance or pay the extra.
registered mail, uninsured, small flat rate box.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
JMO Yes I've known people that handle packages for the BIG companies, there is no respect for the boxes
Again, just my opinion and not geared towards any specific package company
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Bad transactions with : nobody to date
"USPS with insurance wants 40.00. dang thats a big part of my profit"
Shipping should have been expected and added to price.
@justacommeman said:
In a Magnum condom box
Its how I would ship my Johnson or Engelhard
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I just wish I could get to the empty box part!
2 oz prevention and 98 oz silver.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
I've used insurepost,com in the past for about $1.05 per $100.00. Never had to file a claim so.......... Anyway, they had good reviews when I used them.
it's crackers to slip a rozzer the dropsy in snide
Ship saver will insure the value for $15.01. That would put the cost at almost half of the quoted amount if you use a flat rate priority box.
I think your best option would be to hand deliver a Johnson.
As stated earlier, some companies can be rough when handling your package.
USPS Registered using a small flat rate box.
even though the 100 oz may fit in a small priority box there's a good chance it will get dropped more than once due to the unexpected weight. Pay the few extra bucks for medium flat rate knowing the box will not burst open during handling.
Keep an open mind, or get financially repressed -Zoltan Pozsar
I would pack it securely inside two boxes, then into a larger third box with major cushion securing it. Then ship registered, USPS. No further insurance. It will get there slowly, but it will get there. Cheers, RickO
You can't use flat rate envelopes for registered because the ink stamp smears. If you cover it with brown tape make sure that the words flat rate envelope aren't covered.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Or use a regional rate box. Generally, registered mail gets better handling.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
I do box in box (put in small priority and put that in the middle of a medium priority and surround with empty small priority boxes0. Registered as regular will not pay on bullion insurance.
bob
Per the Domestic Mail Manual, chapter 609, para. 4.0(m.): "Except for Registered Mail, the maximum indemnity for negotiable items (defined as instruments that can be converted to cash without resort to forgery), currency, or bullion, is $15.00."
Keep an open mind, or get financially repressed -Zoltan Pozsar
Whatever you decide to do, make sure it's in a prophylactic box.
Small Flat Rate Priority box inside a bubble padded Flat Rate Priority envelope. With fiber reinforced strapping tape around both length and width. The $7.10 postage allows plenty of room for Postal insurance fee. You can generate a Click 'n Ship Priority shipping label and select the option to leave the postage/insurance cost off of the label.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
I fully agree I have shipped 100 ozt bars a number of times with this
A silver bar could be defined as an object of art.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
USPS will not honor an insurance claim for bullion unless it is sent registered mail. The weight of the bar would require a registered shipment to go Priority Registered mail. Since this is the case, shipper should take advantage of flat rate priority box discount. Also, note that a padded envelope cannot be the outer wrapper for a registered shipment.
Per the Domestic Mail Manual, chapter 609, para. 4.0(m.): "Except for Registered Mail, the maximum indemnity for negotiable items (defined as instruments that can be converted to cash without resort to forgery), currency, or bullion, is $15.00."
Keep an open mind, or get financially repressed -Zoltan Pozsar
Does the USPS allow you to use priority packaging like this? If they wanted to get snarky they could say that the inner box must be the primary addressed shipping container.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
You can always use ship and insure!
But some like it rough . I married a girl with GI Joe Kung Fu grip for example. But your advise is surely warranted.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Anyone know the best way to ship a 100kg coin?
sure, cut it up into more manageable pieces.....no prob!
bob
No, they can't. If the inner box is also addressed, they have to deliver it even if they have to deliver it with postage due. (Assuming the very long shot circumstance that the bubble padded envelope were to be accidentally torn / cut / burst open far enough for the box to fall out.)
Unless the package was being misused for other than the intended purpose of the preprinted package, it ain't a violation of the DMM regs. Use the combination frequently for $500+ coins and never have had any objection by a clerk.
@PerryHall - like I stated, a silver bar can be claimed as an object of art, but insuring a bullion bar through private carriers is cheaper anyways.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
That would be the way to go if you ship a lot of packages, or at least enough to break even on your initial membership cost. IIRC their insurance is about a fourth of the USPS rate and they insure bullion.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
At one point in my life we saw 4 or 5 of those a day during peak UPS season. The difference is we don't have to do anything about it. USPS will have to deliver an addressed box in a busted mailer. You get UPS's "nah man sorry" phone number. But by then most of the handlers stole it or it fell in trash cans or run over. I always address a box in a box when I ship. Postal I do two and private carrier three.
Does anyone write "CAUTION---MACHINE PARTS" or something similar on the box to make the postal worker think that's why it's so heavy and that it's something that's not worth stealing since it's not something that'll be easy to fence?
Worry is the interest you pay on a debt you may not owe.
Dirty little secret: You can fit two small flat rate boxes inside a padded flat rate envelope.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
Wheel weights.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
True and IIRC you can get 6 or so into a medium flat rate box. Also smoe of the boxes that the mint ships stuff in can fit 2 into a padded envelope.
The few times I have done it, I don't recall always addressing any inner packages.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Seems like an obvious attempt at a diversion. It'd be more subtle to include "Tool and Die" in the business name in the return address.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
A few years back I had the good fortune to obtain a hoard of Care and Blue Ribbon. When I shipped each bottle, I followed the DMM regs and marked the package for the Class of Hazardous material. The first few times I shipped, the clerks acted like they were accepting bio-hazard.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
How about marking the box with "Stool Samples"?
Worry is the interest you pay on a debt you may not owe.
Find a local buyer and hand-deliver.
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OP should ship in a prophylactic box. You'll really make someone wonder who uses the ones the size of 100oz bars.
Find someone local to buy it.