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Rare 1795 $10 missing from Registered Mail

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  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭


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    << <i>

    << <i>People who steal registered mail get caught 99.999% of the time, so hopefully this will be one of those times. >>



    The package was posted on May 16th and was probably reported missing before the end of May, already a month ago, so the trail is now ice cold. Where does that quoted figure of 99.999% of thefts solved come from, to me it doesn't ring true. I'm pessimistic about the outcome here. Factual updates awaited. >>



    I doubt that they have very many theft attempts of registered mail. >>



    Bingo. The trail is not hard to follow for the US Postal Inspectors. They look to where the trail of signatures stops and they have their man/woman. There probably are unsolved registered mail thefts, but I cannot recall hearing of one.

    And I have heard of several registered mail thieves who were caught, fired and convicted. Theft of registered mail is not a crime that occurs often because of the high likelihood of getting caught.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Very few losses in RM. When something this big goes missing you have to wonder if it was targeted by a pro. I generally do NOT suspect the postal employees. --Jerry
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭


    << <i>Very few losses in RM. When something this big goes missing you have to wonder if it was targeted by a pro. I generally do NOT suspect the postal employees. --Jerry >>



    I wouldn't think a pro would target a coin like this. It is unsalable for even 5% of its value, because specialists will spot it instantly.

    I have never personally heard of anyone other than postal employees being implicated in thefts of Registered Mail, but I suppose it could happen.
  • 2ndCharter2ndCharter Posts: 1,735 ✭✭✭✭✭
    In response to Olds76, for over 30 years, I have sent and received hundreds of Registered Mail packages (some quite substantial) along with FedEx in recent years, and never had a problem. In fact, just over a week ago, I sent a RM package that cost me $71 to mail and it got there safely in five days.

    Registered Mail may be slow sometimes but it's always gotten there for me. Of course, I don't write "Coins Inside" on the package but that's just me....

    Member ANA, SPMC, SCNA, FUN, CONECA

  • BAJJERFANBAJJERFAN Posts: 31,616 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>People who steal registered mail get caught 99.999% of the time, so hopefully this will be one of those times. >>



    The package was posted on May 16th and was probably reported missing before the end of May, already a month ago, so the trail is now ice cold. Where does that quoted figure of 99.999% of thefts solved come from, to me it doesn't ring true. I'm pessimistic about the outcome here. Factual updates awaited. >>



    I doubt that they have very many theft attempts of registered mail. >>



    Bingo. The trail is not hard to follow for the US Postal Inspectors. They look to where the trail of signatures stops and they have their man/woman. There probably are unsolved registered mail thefts, but I cannot recall hearing of one.

    And I have heard of several registered mail thieves who were caught, fired and convicted. Theft of registered mail is not a crime that occurs often because of the high likelihood of getting caught. >>



    I would guess that in this case the package would be large enough so that it couldn't be readily concealed; in this case packaging overkill is a plus. Also if it was marked for special value/special handling USPS employees would be extra vigilant in keeping track of it.
    theknowitalltroll;
  • sonofagunksonofagunk Posts: 1,349 ✭✭
    some crack head is probably selling it for melt somewhere
  • sonofagunksonofagunk Posts: 1,349 ✭✭
    Wow, I just did a search at Heritage. I knew there were only around 20 left of these, but I didn't know that a lot of them seemed to have been damage, mounted, holed, or cleaned
  • AmigoAmigo Posts: 966

    Unlikely it will not eventually be delivered.

    For what it's worth, I think there is a flaw in the Registered Mail system which makes it difficult to ascertain real legal responsiblity directly to an employee.

    A registered Package IS NOT signed for directely by an employee during transit, the packages(s) that are going to that specific region are all put in a bag under lock and key, it is the bag that is signed for, NOT the individual package. The bag makes it's way around the country and passes thru various points. A bag can contain a single item, or multiple items. It's not until the bag meets it's final destination city that the package is taken from the bag. Only then is the individual package scanned and signed. This is the reason that there isn't more detailed tracking available on the web, simply because individual packages are not scanned during transit. This is how it was all explained to me when a package didn't show up for 5 weeks. The person couldn't explain to me why a package couldn't be stolen from the bag by someone authorized by key, during transit. If only the bag is scanned during two intermediate stops, there doesn't appear to be a way to determine exactly where the package ended up missing.

    It baffles me why all the contents are not scanned and signed for each and every time a bag gets signed for.

  • derrybderryb Posts: 38,555 ✭✭✭✭✭


    << <i>Unlikely it will not eventually be delivered.

    For what it's worth, I think there is a flaw in the Registered Mail system which makes it difficult to ascertain real legal responsiblity directly to an employee.

    A registered Package IS NOT signed for directely by an employee during transit, the packages(s) that are going to that specific region are all put in a bag under lock and key, it is the bag that is signed for, NOT the individual package. The bag makes it's way around the country and passes thru various points. A bag can contain a single item, or multiple items. It's not until the bag meets it's final destination city that the package is taken from the bag. Only then is the individual package scanned and signed. This is the reason that there isn't more detailed tracking available on the web, simply because individual packages are not scanned during transit. This is how it was all explained to me when a package didn't show up for 5 weeks. The person couldn't explain to me why a package couldn't be stolen from the bag by someone authorized by key, during transit. If only the bag is scanned during two intermediate stops, there doesn't appear to be a way to determine exactly where the package ended up missing.

    It baffles me why all the contents are not scanned and signed for each and every time a bag gets signed for. >>


    The signature is for an itemized list of the bag's contents. Person signing for the bag is signing for each item with one signature.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    The post office is very sloppy. They left a package I sent valued at over $100,000.00 on a SNOW BANK in front of the house I sent a package to a couple months ago. Now there would have been a heck of an insurance claim. image
  • fastfreddiefastfreddie Posts: 2,948 ✭✭✭✭✭


    << <i>

    << <i>Unlikely it will not eventually be delivered.

    For what it's worth, I think there is a flaw in the Registered Mail system which makes it difficult to ascertain real legal responsiblity directly to an employee.

    A registered Package IS NOT signed for directely by an employee during transit, the packages(s) that are going to that specific region are all put in a bag under lock and key, it is the bag that is signed for, NOT the individual package. The bag makes it's way around the country and passes thru various points. A bag can contain a single item, or multiple items. It's not until the bag meets it's final destination city that the package is taken from the bag. Only then is the individual package scanned and signed. This is the reason that there isn't more detailed tracking available on the web, simply because individual packages are not scanned during transit. This is how it was all explained to me when a package didn't show up for 5 weeks. The person couldn't explain to me why a package couldn't be stolen from the bag by someone authorized by key, during transit. If only the bag is scanned during two intermediate stops, there doesn't appear to be a way to determine exactly where the package ended up missing.

    It baffles me why all the contents are not scanned and signed for each and every time a bag gets signed for. >>


    The signature is for an itemized list of the bag's contents. Person signing for the bag is signing for each item with one signature. >>



    This is all good info. in understanding the RM system - Thanks!
    It is not that life is short, but that you are dead for so very long.
  • any update on the coin?
  • BAJJERFANBAJJERFAN Posts: 31,616 ✭✭✭✭✭


    << <i>Unlikely it will not eventually be delivered.

    For what it's worth, I think there is a flaw in the Registered Mail system which makes it difficult to ascertain real legal responsiblity directly to an employee.

    A registered Package IS NOT signed for directely by an employee during transit, the packages(s) that are going to that specific region are all put in a bag under lock and key, it is the bag that is signed for, NOT the individual package. The bag makes it's way around the country and passes thru various points. A bag can contain a single item, or multiple items. It's not until the bag meets it's final destination city that the package is taken from the bag. Only then is the individual package scanned and signed. This is the reason that there isn't more detailed tracking available on the web, simply because individual packages are not scanned during transit. This is how it was all explained to me when a package didn't show up for 5 weeks. The person couldn't explain to me why a package couldn't be stolen from the bag by someone authorized by key, during transit. If only the bag is scanned during two intermediate stops, there doesn't appear to be a way to determine exactly where the package ended up missing.

    It baffles me why all the contents are not scanned and signed for each and every time a bag gets signed for. >>



    First time I ever heard of something like this. There must be a tag on the outside of the bag itemizing the contents then. The last RM item I received had some tracking info online that the item passed thru KC.
    theknowitalltroll;
  • pruebaspruebas Posts: 5,166 ✭✭✭✭✭


    << <i>The post office is very sloppy. They left a package I sent valued at over $100,000.00 on a SNOW BANK in front of the house I sent a package to a couple months ago. Now there would have been a heck of an insurance claim. image >>

    I would say it is very sloppy to generalize "the post office" based upon the actions of one letter carrier.
  • BAJJERFANBAJJERFAN Posts: 31,616 ✭✭✭✭✭


    << <i>The post office is very sloppy. They left a package I sent valued at over $100,000.00 on a SNOW BANK in front of the house I sent a package to a couple months ago. Now there would have been a heck of an insurance claim. image >>



    One of the drawbacks of RM is that anyone at the final destination can sign for it unless you pay extra for restricted delivery. To me that is BS. Restricted delivery should be the norm for RM.

    As for insurance, it depends on what you declared and what you paid for.
    theknowitalltroll;
  • Next time hire someone to fly it on a plane for a $1/4M coin. Heck, I'd do it for $1,000.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>
    One of the drawbacks of RM is that anyone at the final destination can sign for it unless you pay extra for restricted delivery. To me that is BS. Restricted delivery should be the norm for RM.
    >>



    I disagree. I only use restricted delivery if there is some special reason (for example if my buyer suggests it). What if my buyer works and his wife is home? Restricted delivery requires him to leave work and go stand in line at the post office to sign for it, delaying it at least one and maybe several days. I have a private mail box and my representative signs for everything for me. Fortunately, I have received no restricted delivery packages for the past 3 years.

    --Jerry
  • BAJJERFANBAJJERFAN Posts: 31,616 ✭✭✭✭✭


    << <i>

    << <i>
    One of the drawbacks of RM is that anyone at the final destination can sign for it unless you pay extra for restricted delivery. To me that is BS. Restricted delivery should be the norm for RM.
    >>



    I disagree. I only use restricted delivery if there is some special reason (for example if my buyer suggests it). What if my buyer works and his wife is home? Restricted delivery requires him to leave work and go stand in line at the post office to sign for it, delaying it at least one and maybe several days. I have a private mail box and my representative signs for everything for me. Fortunately, I have received no restricted delivery packages for the past 3 years.

    --Jerry >>



    In that case just address it to his wife at the home address.
    theknowitalltroll;

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