8 months after sending Registered mail

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Herb_T
Herb_T Posts: 1,755 ✭✭✭✭✭

My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

«13

Comments

  • Walkerfan
    Walkerfan Posts: 10,391 ✭✭✭✭✭
    edited July 29, 2024 1:39PM
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    Wow, just wow!

    That is very concerning whether it be to a coin dealer or a coin collector!

    Doesn’t make me feel too secure, when shipping….

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • M4Madness
    M4Madness Posts: 458 ✭✭✭✭✭
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    With the paper trail of registered mail, the post office should have known exactly where the package was. I wonder if it fell behind something? Either way, they knew the last point of contact.

  • Herb_T
    Herb_T Posts: 1,755 ✭✭✭✭✭
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    Stuff happens. When I got an email from PCGS about two submittals, I thought, “I haven’t sent in anymore coins”. Then after I thought about it and looked in my lost coins file, sure enough there they were listed.

  • DocBenjamin
    DocBenjamin Posts: 1,492 ✭✭✭✭✭
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    @PerryHall said:

    @Herb_T said:
    I made an insurance claim, need to send USPS their insurance money back.

    After all they put you through, you should let them come to you looking for it. :#

    Except they might bring a paddy wagon.

  • MWallace
    MWallace Posts: 4,682 ✭✭✭✭✭
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    It was a "Mechanical Error". :D

  • leothelyon
    leothelyon Posts: 8,568 ✭✭✭✭✭
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    Been there! And it's annoying when it happens. I wouldn't say anything/bring it up with the PO.....let them figure it out.

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • JBK
    JBK Posts: 17,860 ✭✭✭✭✭
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    Hey. No one said registered mail was fast, just that it would get there safely. :p

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    It's some sorta conspiracy 👎

  • Herb_T
    Herb_T Posts: 1,755 ✭✭✭✭✭
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    @M4Madness said:
    With the paper trail of registered mail, the post office should have known exactly where the package was. I wonder if it fell behind something? Either way, they knew the last point of contact.

    I talk with the Postal Inspector who said everything was done properly…..I’m guessing that just got sat aside until someone tripped over it….and got it on its merry way. Unfortunately I recently tossed my stuff on it. Go figure!

  • Copperindian
    Copperindian Posts: 3,372 ✭✭✭✭✭
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    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian
    Copperindian II
    Indy Eagles
    Gold Rush
    Bust Caps

    Retired sets: Soaring Eagles
    Copperindian
    Nickelodeon
    Early Walkers

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  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Herb_T
    Herb_T Posts: 1,755 ✭✭✭✭✭
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    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,794 ✭✭✭✭✭
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    Return the funds via "postage due" mail.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @rnkmyer1 said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    After 8 months, there was too much of an element of luck for it to be “safest & most secure” - JMO.

    They didn't say fast...

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • GRANDAM
    GRANDAM Posts: 8,785 ✭✭✭✭✭
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    How hard was it to get the claim paid by the USPS?

    GrandAm :)
  • Herb_T
    Herb_T Posts: 1,755 ✭✭✭✭✭
    edited July 29, 2024 9:49PM
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    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

  • Bikergeek
    Bikergeek Posts: 703 ✭✭✭✭✭
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    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    My hobby website Groovycoins.com, new and improved!

  • thebeav
    thebeav Posts: 4,115 ✭✭✭✭✭
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    Wow, that's something.
    Sending registered to Alaska is also an experience. The package will sit somewhere while they must ask everyone, "You going anywhere near Alaska?"......"Nope'.....

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
    edited July 30, 2024 12:28PM
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    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $84 (corrected) for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • rte592
    rte592 Posts: 2,234 ✭✭✭✭✭
    edited July 30, 2024 4:11AM
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    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • mr1931S
    mr1931S Posts: 7,308 ✭✭✭✭✭
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    USPS continues to impress less and less with each passing day.
    It starts at the top. Basic physics: s**t flows downhill.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
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    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @MetroD said:

    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

    Yes. Exactly.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Mr_Spud
    Mr_Spud Posts: 7,272 ✭✭✭✭✭
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    Well, I wouldn’t do anything until the coins get graded and then get shipped back to you and are in your possession.

    Mr_Spud

  • PerryHall
    PerryHall Posts: 47,748 ✭✭✭✭✭
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    @Herb_T said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

    Sounds like the USPS goes out of their way to deny legitimate claims after they lose or steal an insured package. How can you insure a rare coin that's been in your family for several generations if they require a receipt?

    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

  • bsshog40
    bsshog40 Posts: 4,037 ✭✭✭✭✭
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    @MetroD said:

    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

    I wonder if the Price Guide showed lesser value than insurance value, if you could get more money back due to depreciation while in usps possession?

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @bsshog40 said:

    @MetroD said:

    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

    I wonder if the Price Guide showed lesser value than insurance value, if you could get more money back due to depreciation while in usps possession?

    I'm not sure you'd want to spend months in negotiation over that. If the price guide went up, would you want to pay more than the insurance value to get them back?

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • bsshog40
    bsshog40 Posts: 4,037 ✭✭✭✭✭
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    @jmlanzaf said:

    @bsshog40 said:

    @MetroD said:

    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

    I wonder if the Price Guide showed lesser value than insurance value, if you could get more money back due to depreciation while in usps possession?

    I'm not sure you'd want to spend months in negotiation over that. If the price guide went up, would you want to pay more than the insurance value to get them back?

    I hear ya! It was more of a joke. Forgot to add my lol. Lol

  • logger7
    logger7 Posts: 9,857 ✭✭✭✭✭
    edited July 30, 2024 8:21AM
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    I've never had an express not get there intact. I'd think that a notarized letter stating value would be enough in a business where all we have is our word on insurance claims.

    There is also a one day delivery option that FedEx offers: https://www.fedex.com/en-us/shipping/same-day.html

    This was your original thread on the lost parcel: https://forums.collectors.com/discussion/1099713/lighting-struck-theft/p1

  • DocBenjamin
    DocBenjamin Posts: 1,492 ✭✭✭✭✭
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    @PerryHall said:

    @Herb_T said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

    Sounds like the USPS goes out of their way to deny legitimate claims after they lose or steal an insured package. How can you insure a rare coin that's been in your family for several generations if they require a receipt?

    Pre shipment appraisal.

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @logger7 said:
    I've never had an express not get there intact. I'd think that a notarized letter stating value would be enough in a business where all we have is our word on insurance claims.

    There is also a one day delivery option that FedEx offers: https://www.fedex.com/en-us/shipping/same-day.html

    This was your original thread on the lost parcel: https://forums.collectors.com/discussion/1099713/lighting-struck-theft/p1

    It's insurance that's the problem of you don't have a private insurance plan.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • BStrauss3
    BStrauss3 Posts: 3,905 ✭✭✭✭✭
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    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    Read it again - no where does it say SPEEDY

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • rte592
    rte592 Posts: 2,234 ✭✭✭✭✭
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    @MetroD said:

    @jmlanzaf said:

    @rte592 said:

    @Herb_T said:
    My package shows up at PCGS. Go figure! I made an insurance claim, need to send USPS their insurance money back.

    Technically if you got paid off on the insurance... doesn't USPS now own the coin?

    Yes! At least the ones they paid the claim on.

    USPS DMM, Section 609, Sub-Section 5.7:


    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097274

    So make your Best argument to buy it back at face value :D

  • Jacques_Loungecoque
    Jacques_Loungecoque Posts: 733 ✭✭✭✭✭
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    @BStrauss3 said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    Read it again - no where does it say SPEEDY

    No, it absolutely doesn’t say speedy. It also doesn’t say 2/3 of a year.

    Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.

  • Copperindian
    Copperindian Posts: 3,372 ✭✭✭✭✭
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    @BStrauss3 said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    Read it again - no where does it say SPEEDY

    8 months is NOT “safe & secure” imo. That was my issue.

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian
    Copperindian II
    Indy Eagles
    Gold Rush
    Bust Caps

    Retired sets: Soaring Eagles
    Copperindian
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  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @rnkmyer1 said:

    @BStrauss3 said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    Read it again - no where does it say SPEEDY

    8 months is NOT “safe & secure” imo. That was my issue.

    It's under lock and key. Registered mail doesn't sit out in the open.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Namvet69
    Namvet69 Posts: 9,421 ✭✭✭✭✭
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    I'm sure you'd rather have the coins than the payout. The USPS rule says so, can't put a $ amount on 8 lost months.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • MFeld
    MFeld Posts: 17,131 ✭✭✭✭✭
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    @jmlanzaf said:

    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $60 for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    A $60 charge for a $20,000 package is less than I would have expected. Is that their standard rate or do you have a top secret way to save on shipping?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @MFeld said:

    @jmlanzaf said:

    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $60 for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    A $60 charge for a $20,000 package is less than I would have expected. Is that their standard rate or do you have a top secret way to save on shipping?

    I pulled the receipt. I forgot i had some postage on it and the total was actually $84. I shall correct it.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • MFeld
    MFeld Posts: 17,131 ✭✭✭✭✭
    Options

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $60 for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    A $60 charge for a $20,000 package is less than I would have expected. Is that their standard rate or do you have a top secret way to save on shipping?

    I pulled the receipt. I forgot i had some postage on it and the total was actually $84. I shall correct it.

    That still doesn’t sound bad to me.
    And unless I’m mistaken, even if you paid FedEx the $180, unless their policy has changed, you wouldn’t have been covered for anywhere close to the full value.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • mr1931S
    mr1931S Posts: 7,308 ✭✭✭✭✭
    Options

    @PerryHall said:

    @Herb_T said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

    Sounds like the USPS goes out of their way to deny legitimate claims after they lose or steal an insured package. How can you insure a rare coin that's been in your family for several generations if they require a receipt?

    What you could do to have ready as evidence in case you have to make a claim is photodocument the family heirloom coin. Take a picture of Redbook price. Use whatever price guide gives you the highest dollar number. One could also get a professional appraisal done, put into writing and signed.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • logger7
    logger7 Posts: 9,857 ✭✭✭✭✭
    Options

    @mr1931S said:

    @PerryHall said:

    @Herb_T said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

    Sounds like the USPS goes out of their way to deny legitimate claims after they lose or steal an insured package. How can you insure a rare coin that's been in your family for several generations if they require a receipt?

    What you could do to have ready as evidence in case you have to make a claim is photodocument the family heirloom coin. Take a picture of Redbook price. Use whatever price guide gives you the highest dollar number. One could also get a professional appraisal done, put into writing and signed.

    As far as I know, the usps just wants an actual invoice for a transaction and work off that.

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
    Options

    @logger7 said:

    @mr1931S said:

    @PerryHall said:

    @Herb_T said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    I had given up!> @GRANDAM said:

    How hard was it to get the claim paid by the USPS?

    They only paid for what I had “receipts”, like purchases from auction houses where I could show how it was paid (credit card). I had bought one coin from an established numismatist that they denied. I had to submit a claim appeal with lots of documentation that they allowed and paid. Patience is required for sure.

    I should add that I had bought some coins from forum members and that was no go.

    Sounds like the USPS goes out of their way to deny legitimate claims after they lose or steal an insured package. How can you insure a rare coin that's been in your family for several generations if they require a receipt?

    What you could do to have ready as evidence in case you have to make a claim is photodocument the family heirloom coin. Take a picture of Redbook price. Use whatever price guide gives you the highest dollar number. One could also get a professional appraisal done, put into writing and signed.

    As far as I know, the usps just wants an actual invoice for a transaction and work off that.

    They will accept a number of different documentations, but some are harder to sell them in than others. An invoice usually sold right through but an objective appraisal also usually goes through without trouble. Things like price guides will be a much harder sell, especially for raw coins.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
    edited July 30, 2024 4:15PM
    Options

    @logger7 said:

    @mr1931S said:

    What you could do to have ready as evidence in case you have to make a claim is photodocument the family heirloom coin. Take a picture of Redbook price. Use whatever price guide gives you the highest dollar number. One could also get a professional appraisal done, put into writing and signed.

    As far as I know, the usps just wants an actual invoice for a transaction and work off that.

    The USPS DMM has a clause specific to numismatic items that appears to provide alternate methods for determining FMV.

    Section 609, Sub-Section 4.1.g

    Link: https://pe.usps.com/text/dmm300/609.htm#ep1097212

    Edited to add:
    jmlanzaf beat me to it. :)

  • DocBenjamin
    DocBenjamin Posts: 1,492 ✭✭✭✭✭
    Options

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $60 for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    A $60 charge for a $20,000 package is less than I would have expected. Is that their standard rate or do you have a top secret way to save on shipping?

    I pulled the receipt. I forgot i had some postage on it and the total was actually $84. I shall correct it.

    Did you pay full price for the added postage or was it 70 cent on the dollar Ebay stuff that you have to moisten with a sponge?

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
    Options

    @DocBenjamin said:

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @Bikergeek said:

    @jmlanzaf said:

    @rnkmyer1 said:
    USPS: “Registered mail is the safest, most secure method to ship your valuable packages”. Uh, sure, whatever they say!

    It got there.

    Agree with @jmlanzaf here. The slogan didn't say it was "the quickest." Glad that your lost baby was found, @Herb_T!

    I had one coming to me that was slooooww in arriving and after I hollered at the USPS a few times they said they'd hunt it down. They sent me a survey and said "how did we do in hunting it down?" (my phrasing) and I blasted them for NOT actually hunting it down... and the next day it arrived. The package had black machine roller marks on it, like it'd been jammed into a mechanical gadget that failed to disgorge it. (I tried to go back and say nice things on the survey, but it wouldn't let me edit it... ooops)

    I sent a $20k and a $10k comic via registered last week. I earned the customers that it could be slow, but it always gets there. [Not that 8 months isn't both unusual and ridiculous.] There's no more secure, cost effective way to ship high value packages.

    It cost $60 for the $20k package [FedEx wanted $180.] It did arrive in only 4 days in NYC. FWIW

    A $60 charge for a $20,000 package is less than I would have expected. Is that their standard rate or do you have a top secret way to save on shipping?

    I pulled the receipt. I forgot i had some postage on it and the total was actually $84. I shall correct it.

    Did you pay full price for the added postage or was it 70 cent on the dollar Ebay stuff that you have to moisten with a sponge?

    I sell it on ebay for under 70% if you need any. It's from my hoard, probably paid 50%. I sell stamps as well as coins.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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