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How would you send a $1,000,000 card?
Copyboy1
Posts: 468 ✭✭✭✭
I was thinking the other day, when someone wins a big auction, where they spend, say, $1 million on a card - how does that card actually get to them? I'm assuming at that level, they either go get it directly or the auction house sends someone to them? But is that how it really works?
Now say it's a $150,000 card. What then? I know FedEx only insures up to $100,000, so mailing it is probably out. What's standard operating procedure for something of that value?
1
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Collectibles Insurance
examples (not my endorsements):
https://www.chubb.com/us-en/individuals-families/products/valuables/your-collections.html
https://www.usaa.com/inet/wc/insurance_collectibles_main?akredirect=true
https://www.progressive.com/answers/art-collectibles-insurance/
Unless otherwise specified my posts represent only my opinion, not fact.
Most auction houses have private insurance that covers shipments of these types of cards, and the private insurance provider gives instructions on how to send items over a certain value. It could be overnight via a certain carrier or via USPS Registered Mail.
A $1 million card would probably be shipped via Brinks or a similar type of carrier - or hand-delivered by the auction company.
It really all depends on what the private insurance company dictates when sending high-value items.
I think I would spend $400 (or whatever it is) to fly round trip to deliver/pick up a 150K+ card. I mean I'm sure the person can afford it after selling/buying a card of that magnitude.
Carry it with you inside one of the metal locked briefcases handcuffed to your wrist. THAT'S how.
Dimes: 54S, 53P, 50P, 49S, 45D+S, 44S, 43D, 41S, 40D+S, 39D+S, 38D+S, 37D+S, 36S, 35D+S, all 16-34's
Quarters: 52S, 47S, 46S, 40S, 39S, 38S, 37D+S, 36D+S, 35D, 34D, 32D+S
74 Topps: 37,38,46,47,48,138,151,193,210,214,223,241,256,264,268,277,289,316,435,552,570,577,592,602,610,654,655
1997 Finest silver: 115, 135, 139, 145, 310
1995 Ultra Gold Medallion Sets: Golden Prospects, HR Kings, On-Base Leaders, Power Plus, RBI Kings, Rising Stars
Plane or train would be my 2 options for something of that value. Not something I will ever worry about I am small time.
Collecting interests: Coins from Latin American (2020-present)
Sports: NFL & NHL
Just have your people pick it up from their people.
Unless otherwise specified my posts represent only my opinion, not fact.
If I could afford a million $ card, much less a 150K card, think I could cover that base too.
Road trip if I'm in the mood.
Helicopter ride if I'm close enough and not in a hurry.
Dassault F6X if I'm in a hurry.
Wouldn't be hard for somebody to figure out who won it, where they live, and bribe a mail carrier with $10k for your mail.
I sell $1M cards all the time. We, I think they’re worth $1M. Turns out the buyer only thinks it’s worth $4.99. Oh well.
"I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
you dont ship $1MM cards. You either get on a plane and hand deliver or hire an armored carrier to do so.
George Brett, Roger Clemens and Tommy Brady.
Plain
White
Envelope
😂
Curious about the rare, mysterious and beautiful 1951 Wheaties Premium Photos?
https://forums.collectors.com/discussion/987963/1951-wheaties-premium-photos-set-registry#latest
Taped to the inside so it doesn't move.
Shane