Shipping a Large Collection - Who to use?

I like the idea of taking the collection to Fun and handing it to GC. Might be worth a call to be sure they are ok with that.

 

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Again, scale. 30k is a lot to Kanga, you, me. But GC brought coins worth $40m for their exhibits the last three years.

 

I can only share my personal experience.
I have sold coins with Great Collections about 8 times.
I used the Post Office for every shipment, without a problem, and I am surprised at the attitude it isn't safe.
Look up rate of success for registered delivery and you will find you have a better chance of being gored by a water buffalo, while playing golf in the everglades, than you have of suffering a loss.
I also can say the team at great collections treats everyone like they have a major collection to sell. Good luck with your auction(S). I look forward to seeing your coins. James













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Why does everyone always want to give up safety for speed? Do you want to be sure it gets there fast? Or do you want to be sure it gets there?

[quote[If you ship USPS I’d only ship it with Registered Mail. It’s more costly but it’s much safer.[/quote]
It is only more costly for declared values under $1K. That is due the initial Registered mail cost, Once you are over $1K the MUCH lower insurance rates for registered make Registed cheaper then insured priority.

This is the one real problem with Registered, once it leaves the US the MAXIMUM payout for a lost Registered package is $49, no matter how much it was insured for.

It's up to $50K now.

 

Cteap Fast Good

Pick -2-

 

There are really two kinds of safety when shipping coins: 1. Safety of the shipment itself … i.e. that it gets there intact. 2. Financial safety for the shipper (that’s you), meaning that if it is lost, you’re repaid by insurance.

If #1 is important … that you’ll be really upset if you have to accept money instead of getting the coin back, then registered mail for shipments within the U.S. is the way to go. But you’ll have to accept the often slow transit time. But if you won’t be too upset getting money instead of the coin back, then financial security and speed are both possible with insurance.

If you look at the insurance rate chart I posted earlier, shipping a $1,000 coin requires $1.10 insurance via registered mail. But it’s still only $1.80 for FedEx overnight. So, yes, speed + security is possible. That said, some dealers, auction houses and TPG’s only accept shipments to their PO box. In that case, you have to use USPS although private insurance is often cheaper than USPS insurance.

Cal

 

Cal, you will often see addresses written this way

XYZ Corp
123 Any Street
PO Box 321
XYZTown, State, Zip

IF - and it's a big if these days, the local address and the PO box are in the same zip code - private organizations deliver to the 1st line of the address (below the company name) and USPS delivers to the last line (above the city, state, zip).

https://pe.usps.com/cpim/ftp/manuals/dmm300/508.pdf

 

Above is true. However, if the only address you're given is a PO box (NGC for example), then USPS is the only option for shipping.

Cal