NCIC report of lost / stolen Aluminum Morgan Dollar pattern

Log in or Sign up to hide this ad.

Not to excuse the crime - but it seems unwise to mail something of that value and rarity.

 

That's brutal. Anyone know if that happens to be a Simpson coin?

Extremely valuable coins are mailed all the time. Registered is supposed to be the never get stolen method. Even the Hope Diamond has been mailed registered mail before

 

I think I read this used to be the EPN NGC 68.

 

I do not disagree with you. I suppose my personal preference (although never tested due to my meager budget) is to be more conservative with significant transactions.

 

Sometimes the best way is hiding in plain sight which is a commonly used security method. Once you start going all out and it's obvious something really valuable is there you have to go all out. Honestly, I would trust registered mail more than the TSA trying to have it flown back though the quicker delivery time from a flight would be appealing.

 

Registered Mail was once one of the most secure forms of shipping. Everyone that handles the package is supposed to sign for it, so that should help.

 

When did this happen?

 

I’m hopeful that the rarity of the coin is what enables it to be returned to its rightful owner. This isn’t the kind of thing that’s easily movable.

 

Very true, though with the registered procedures stealing a registered package seems like a great way to get fired and spend a decade or two in federal prison.

If it was actually stolen and not misplaced it would have to be moved on the black market to either overseas or a buyer knowingly buying a stolen item. That would be above the head of the average postal worker that could have stolen it. I would think it'll turn up at some point

 

The Postal Service strikes again! You never know where or when it will happen. It may be you next time.

 

So your insurance covers all of your shipping insurance as well?

 

The coin was offered for sale by Park Avenue Numismatics in March 2018 for $78K. Don't know what happened to it after that. Previously is was sold by Heritage in April 2013 for $52K. It was in a NGC holder as PR68CA then. It's ex-Eric Newman and ex-Colonel Green.

Even out of a holder, the coin would be easily identifiable.

Cal

 

This is a good point. It's a benefit of private shipping insurance that I didn't recognize until I obtained it. Still seems strange submitting a package of coins for shipping and writing zero on the value line of the form. But it means the receiving clerk and those who handle the package later don't give it a second thought.

Cal