The Post Office's latest casualty

Discussion in 'Coin Chat' started by jwitten, Jul 20, 2015.

  1. jwitten

    jwitten Well-Known Member

    As some of you know, I collect $2 1/2 Indians. I just picked this one up from ebay a week or so ago. The Tracking got stuck in the big sorting city near me. I feared the worse. This morning, the package was waiting on me at my post office, but looked like it had been run over by a truck. Their package had been placed in another clear envelope, saying something like "sorry we messed up". I felt the package, and it was empty. This coin is floating around out there somewhere now. Who knows if it is damaged or not. I really like the old green holders, so was looking forward to this one.
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  3. Treashunt

    Treashunt The Other Frank

  4. -jeffB

    -jeffB Greshams LEO Supporter

    Ugh, that hurts. Sure hope for the seller's sake that he insured the shipment -- I can't imagine that it would be hard to make a successful claim under the circumstances.
     
  5. rooman9

    rooman9 Lovin Shiny Things

    But... but... they said sorry!
     
  6. jwitten

    jwitten Well-Known Member

    It was not insured, other than the $50 that is included with priority. I refused to sign, so should get my money back. Hopefully he issues a refund so I do not have to file a claim against him. I self insure most packages, and I guess he does as well.
     
  7. ToughCOINS

    ToughCOINS Dealer Member Moderator

    If he has dealer's insurance to cover his packages, he'll still be out good money, as the deductible on his policy is likely about $200. If he self insures, the savings on other shipments should eventually make up for the loss, if they haven't already.
     
  8. bkozak33

    bkozak33 Collector

    What encelope was it in. Size?
     
  9. jwitten

    jwitten Well-Known Member

    Eh, pretty big. 9 x 11 or so?
     
  10. nuMRmatist

    nuMRmatist Well-Known Member

    A coin should be in a medium box, IMO, NOT priority, with SLIGHTLY higher insurance.

    Seems to me that an envelope is a give-away, even with cardboard...........

    ed.:
    I think even PO has surveillance, where package changes hands. Initiate investigation @ BOTH ends.
     
  11. jwitten

    jwitten Well-Known Member

    Why not priority? I ship in envelopes too. What do you mean higher insurance? More than the coin is worth? Or more than the free $50.
     
  12. nuMRmatist

    nuMRmatist Well-Known Member

    Yeah - INS for higher than the coin.

    I didn't look at what it's value actually is...
     
  13. jwitten

    jwitten Well-Known Member

    It would be pointless to insure for more than you paid. You have to show proof of value, and that would mean showing your receipt of purchase. If you bought more than you paid, you would only receive what you paid for the coin. So you would be spending extra money over insuring it.
     
  14. Conder101

    Conder101 Numismatist

    If it had signature confirmation maybe. If it had delivery confirmation it will show as delivered anyway. And if so you may not get a refund.
     
  15. nuMRmatist

    nuMRmatist Well-Known Member

    I meant that the SHIPPER should insure for more than the sold value. Buyer should be able to recover with no loss.

    Seller would have to do lots of footwork / paperwork / headaches.

    Wouldn't you agree?


    ed.:
    Conder - PO acknowledged package damage. AND he didn't accept (I think), so he cannot lose out.
     
  16. jwitten

    jwitten Well-Known Member

    If it had signature confirmation (which it did), then that is used as the tracking number. Since I refused to sign, they cannot scan it as delivered.
     
  17. jwitten

    jwitten Well-Known Member

    Shipper should NOT insure for more than the actual value. If they have to file a claim, they will not receive more than what it sold for. They would be wasting extra money.
     
  18. nuMRmatist

    nuMRmatist Well-Known Member

    I don't think sold value has anything to do with it (could be wrong tho').
     
  19. nuMRmatist

    nuMRmatist Well-Known Member

    Let's say he was giving you the [valuable] coin for free.

    He insures it for $200, PO loses it, and he files a claim.

    Surely you don't think that since he was giving it to you free (hypothetically), that he gets nothing?
     
  20. jwitten

    jwitten Well-Known Member

    I know it sounds stupid, but that is what I have been told. You have to prove the value, and a sales receipt is the best way. You would think if you shipped a brick and insured it for $5,000 then they would honor it, but you must show the value.
     
  21. derkerlegand

    derkerlegand Well-Known Member

    Does it seem to you that this has been happening more frequently? I've been seeing similar reports on other forum sites, some dealing in other collectibles. For God's sake, pay the USPS workers more so that they don't have to steal our stuff!
     
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