USPS Theft--Coins found!
logger7
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No specifics, but NCIC sent out a broadcast that the coins had been located.
Date: 01/18/2021
Offense: Mail Theft
Location of offense: UTAH to NEW JERSEY
Investigating Agency: USPS
Details:
A USPS Express mail package being shipped from UTAH to NJ arrived with the
contents missing.
The package contained the following coins:
1856 S Gold one dollar PCGS AU50 11581761
1858 S Gold one dollar PCGS AU58 08706170
1859 S Gold one dollar PCGS AU50 14654576
1860 S Gold one dollar NGC AU58 272189-001
1881 Gold dollar NGC MS64 272189-002
1910 $21/2 dollar PCGS MS 64 83233724
1927 $21/2 dollar PCGS MS64 5395712
1879 $3 PCGS MS64 07796685
1910 $5 PCGS MS64 35411547
1911 S $5 PCGS MS62 06778956
1912 $5 NGC MS64 1931094-009
Anyone with information contact:
Doug Davis
817-723-7231
Doug@numismaticcrimes.org
Comments
What is the difference between regular mail and express mail?
The main differences between the two are delivery times and dates. Priority Mail Express gets your letters and packages there faster and can deliver seven days a week, but you'll pay extra for those services. The other important difference is that Priority Mail Express is a guaranteed service.
Guaranteed to get screwed
Wisdom has been chasing you but, you've always been faster
not amazed
the mail is not immune to crooks who are on the look out for noticeable packages and they already know what is in the package cause of the label or their friends in the post office telling them
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Who would ship what im going to assume is 10s of thousands of dollars worth of coins via USPS in one package? Or any delivery service at that. Get on a plane or drive and pick it up. Thats nutz!!!
I have shipped >$10K of coins via USPS many times, never a problem. These are isolated incidents, not good, but still very rare.
Best, SH
🤬😡🤬
who would ship 10K of coins in one package? easy someone who didn't want to spend a lot of $$$ and had the mindset it will never happen to me, unlucky for them they gambled and came up on the losing end of the gamble
mailing is a gamble anyways with things as they are right now with the USPS but one has to learn taking a huge gamble is just not a wise move as that gamble can go very wrong in many ways
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That is sad when soo many people have to depend on all the shipping services and hope they are honest people. I'm sure the TPG's ship out 1000's of dollar packages also and they don't hand deliver. It's just having to trust the services.
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Registered mail used to be secure, but now I don't think it is even tracked. I guess if someone along the way recognizes a name or address (obviously this was going to CAC), then there isn't much that you can do. I get nervous sending coins to Great Collections since it has a name and address easily searched and a carrier can figure out what is inside.
That is just a shame. Curious how insurance works with USPS Express mail and this. Has anyone here ever collected on an theft/loss package like this? You would think something on this scale would cause issues all the way up the chain at USPS.
Jim
I am curious how it was determined there was theft and not just damaged package with contents falling out?
It's to early in the year to be hearing about it. That's sad news
Of course mail folks learn about those on their regular route/s.
There is an email address in the OP that one could use to ask that question.
I'm assuming the package was well sealed by the sender. Well hopefully...
While painful, the contents would be insured with registered mail. That's how this was sent, right?
Registered mail is still secure, nothing has changed with the protocols of handling it. There are just more thieves now. Don't forget, it is insured.
The decision to use express mail over the more secure priority was likely dictated by the sender's private insurance policy based on their number crunching that shows mail speed is more often safer than mail security. Express mail drastically reduces the amount of time a valuable item is exposed to strangers. Insurance companies play the odds.
Unless I'm in a hurry I will always choose the security of registered for high dollar items. Not only is it the most secure mailing method, but it is also the cheapest when it comes to including a high dollar insurance amount.
Had the shipment being discussed been shipped registered, the security features of registered mail would most, most, most likely have kept it from being tampered with. One of the best features of registered is the chain of custody that discourages an internal theft.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Lots of people on a daily basis, usually without any problems. Your advice would typically be far more time consuming and expensive, not to mention, impractical, in many cases.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
obviously well re-sealed by the thief. When pilferaging to a package is obvious, usps normally notes it on the package.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Wow! I feel a little better (but not good) about the halves that were stolen from me a few years ago. It had to be an inside job.
I've shipped tens of thousands in one package several times. Some to formites. I use regular priority Large Box with small boxes inside for stuffing or such. It's light, large and unnoticed by anyone. Small priority boxes fit almost exactly nestled inside Large priority boxes. I understand what postal thieves look for and then avoid those tells.
Sorry to hear and will keep my eyes and senses open for them.
bob
When I receive something from APMEX they usually put it in a plastic bubble envelope, close it up tightly and glue it in the center of the box. Would be difficult to cut into the box and find whatever is inside and nothing moves around. When shipping to them their insurance requires double boxing.
Logger, do you know what part of NJ it was sent to?
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I do pretty much the same using tape. I put some padding against the middle of the box wall, then tape the item over that. Then I put padding on top of that and all around the remaining voids before sealing. Nothing rattles and very secure.
Great transactions with oih82w8, JasonGaming, Moose1913.
I ship sealed, addressed small flat rate boxes inside a flat rate padded envelope. Cost only a few pennies more to use the padded flat rate. The non flat rate 1096L priority box is a little bit larger than the small flat rate box and fits nicely in the flat rate padded priority envelope. It and the 1096L are not normally found in the local post office but can be ordered in quantity free at the USPS website.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
If I send $10,000 to California, it could easily cost me $1000 to go there myself which wipes out any profit.
I would also point out that my carrying $10,000+ in coins around the country isn't necessarily much safer. At least I can insure the shipment. It's much harder to insure my carrying of coins.
Even if the contents fall out, the postal employees are supposed to put them back in, not pocket them.
jmlanzaf, supposed to. I'll wager that if they think they can get away with it, quite a few would pocket them sadly.
It is not much of a gamble, as noted above, I have done this many times and never had an issue. Anyway, if I were so poor that a $10K loss in coins mattered, I should not be buying coins in the first place.
Best, SH
Any chance the buyer just said nothing was in the package when in fact the coins did arrive? By the way I hope you can get this resolved somehow.
Maybe would be best to use FedEx or UPS next time around and purchase private insurance.
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Anyway, if I were so poor that a $10K loss in coins mattered, I should not be buying coins in the first place.
Wow.
'quite a few', I doubt that, I have more trust in my fellow humans I guess...........
I my opinion losing a full time job if caught and facing jail time would be enough to hold most people back.
NFL: Buffalo Bills & Green Bay Packers
US Dimes: 1793-1916 (G-04 to F-12)
Latin America: Early milled 1 reales
I said " supposed to. I'll wager that if they think they can get away with it, quite a few would pocket them sadly ".
spacehayduke said:
'quite a few', I doubt that, I have more trust in my fellow humans I guess...........
KingOfMorganDollar
I my opinion losing a full time job if caught and facing jail time would be enough to hold most people back.
I would hope so. Unfortunately in my local area there has been 3 USPO workers caught AND fired for theft of items valued at a helluva lot less, although only one was convicted. There are some unsaviory people in this world. Personally I could not keep an item that I know isn't mine and I gained possession either illegally or unethcally.
Oh I am well aware of what some humans are capable of there are many good but also many evil.
NFL: Buffalo Bills & Green Bay Packers
US Dimes: 1793-1916 (G-04 to F-12)
Latin America: Early milled 1 reales
There is no one good. Not even one.
I am sure there are some good people look at the people who help animals. Or those who for free help the homeless. There are good people. Look at those who go to poor countries and give their lives to help the poor. And that is just 3 examples. Lawyers who give free consultations and help those who can't afford a lawyer. People that help new immigrants and so on and so on.
People in the army that are ready to lay their lives down to protect the freedoms we have.
NFL: Buffalo Bills & Green Bay Packers
US Dimes: 1793-1916 (G-04 to F-12)
Latin America: Early milled 1 reales
No need to give examples to dispute a comment like that.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
That just sucks. I hope there is a special circle of Hell reserved for those who steal coins.
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I rank thieves right up there with pedophiles. Scums of the earth.
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Agreed
NFL: Buffalo Bills & Green Bay Packers
US Dimes: 1793-1916 (G-04 to F-12)
Latin America: Early milled 1 reales
The concept that people are not good in and of themselves is scriptural (Romans 3:10, for ex). While laudable, the things you cite do not define whether someone is good. Who on earth hasn’t done something wrong in their lives? Everyone has, and is susceptible to sin. So it is not surprising that things are stolen at the post office.
I'd contact Davis for that, good question.
That’s a far cry from your statement: “There is no one good. Not even one.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Absolutely. That is still a plum job with a pension. The only ones I might worry about are seasonal contract workers who have less to lose.
Can we have a little perspective here? I would much rather someone stole everything I own than lay a hand on my child.
Are you confessing to something?
I must have shipped 100 coins registered over the past few years. All were delivered so I lost about 1% of the value in insurance costs. I mistakenly thought 1 coin was lost so I put a claim in and received a check from the PO within a week. (I returned it when the buyer informed me he had received the coin). Since registered comes with insurance a non delivered package would work just as well for me.
I guess > @d9lowe said:
My guess....
Any major coin dealer.
But as an amateur....
I sold and shipped APmex coins in the past. They requested a $10,000 minimum value. They also suggested the coins be shipped registered mail.