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Re: Stolen 1927 $20 Saint Gaudens
This. For a USPS claim, you will have to prove "fair market value" before the mailing date. Additionally, you will have to convince them that the coin has "numismatic value". If they consider it to be "bullion", the maximum indemnity on non-registered mail is $15.00. Reference: USPS DMM 609, Section 4.1.m -
Re: Stolen 1927 $20 Saint Gaudens
I am not, repeat NOT, defending the USPS policy regarding fair market value determination for coins of numismatic value. That said, what they will accept as "proof of value" is clearly articulated in the USPS DMM. "For stamps and coins of philatelic or numismatic value; the fair market value is determined by a recognized…
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