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1880 Alfonso XII 4 Peso
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<p>[QUOTE="GDJMSP, post: 61414, member: 112"]Please don't misunderstand my comments - you can answer all those questions about seller fees, marketing methods, security etc just by visiting the web sites of the auction houses. They make it all quite plain. You can also call them if you wish. But what you don't want to do is ask them about your specific coin and how much they think it might sell for. All the other questions are fine.</p><p><br /></p><p>Now - you do have something of a unique problem - that being how to safely ship your coin to whatever auction company you choose. For if I remember correctly you live in the Philippines. And overseas mail for an item like that can be quite risky. I'm not even sure you could insure it. I know maximum insurance in the USA is $25,000 - but have no idea about the Philippines. So you are going to have to carefully research your options on this. </p><p><br /></p><p>You might check into private, bonded couriers. They carry packages worldwide on a daily basis worth far more than your coin. You can also check with FedEx but I don't think they'll do it. No harm in asking though. You can also check with the auction house - sometimes they will come and pick up the coin. Once they pick it up - it's their responsibility. And they have the proper insurance for just that reason.</p><p><br /></p><p>One other option that would available to you is a bit more involved - but it would work. You could join the ANA, American Numismatic Association and take out your own insurance through them on the coin. They have policies that would cover the coin while you travel. This would allow you to deliver the coin personally to the auction house.</p><p><br /></p><p>Now your concerns about the auction house and or the grading company being trustworthy are certainly understandable. But please realize these companies do this every day with coins that sell for hundreds of thousands of dollars. Some of them even sell for into the millions of dollars. And they have done so for many years. So it is in their best interest to make sure that nothing happens to your coin. A mistake or a loss would put them out of business. They are quite trustworthy.</p><p><br /></p><p>And so you understand - the reason the coin has to go to a grading company is so it can be authenticated as well as graded. While the grade is important - it is most important that the coin be proven genuine. And if a company like NGC or PCGS says it is genuine - then the rest of the world will believe it.</p><p><br /></p><p>You have valid concerns, I don't blame you. I would have them myself. But all I can do is offer my best advice, suggestions and opinions. If you have any more questions - feel free to ask.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 61414, member: 112"]Please don't misunderstand my comments - you can answer all those questions about seller fees, marketing methods, security etc just by visiting the web sites of the auction houses. They make it all quite plain. You can also call them if you wish. But what you don't want to do is ask them about your specific coin and how much they think it might sell for. All the other questions are fine. Now - you do have something of a unique problem - that being how to safely ship your coin to whatever auction company you choose. For if I remember correctly you live in the Philippines. And overseas mail for an item like that can be quite risky. I'm not even sure you could insure it. I know maximum insurance in the USA is $25,000 - but have no idea about the Philippines. So you are going to have to carefully research your options on this. You might check into private, bonded couriers. They carry packages worldwide on a daily basis worth far more than your coin. You can also check with FedEx but I don't think they'll do it. No harm in asking though. You can also check with the auction house - sometimes they will come and pick up the coin. Once they pick it up - it's their responsibility. And they have the proper insurance for just that reason. One other option that would available to you is a bit more involved - but it would work. You could join the ANA, American Numismatic Association and take out your own insurance through them on the coin. They have policies that would cover the coin while you travel. This would allow you to deliver the coin personally to the auction house. Now your concerns about the auction house and or the grading company being trustworthy are certainly understandable. But please realize these companies do this every day with coins that sell for hundreds of thousands of dollars. Some of them even sell for into the millions of dollars. And they have done so for many years. So it is in their best interest to make sure that nothing happens to your coin. A mistake or a loss would put them out of business. They are quite trustworthy. And so you understand - the reason the coin has to go to a grading company is so it can be authenticated as well as graded. While the grade is important - it is most important that the coin be proven genuine. And if a company like NGC or PCGS says it is genuine - then the rest of the world will believe it. You have valid concerns, I don't blame you. I would have them myself. But all I can do is offer my best advice, suggestions and opinions. If you have any more questions - feel free to ask.[/QUOTE]
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1880 Alfonso XII 4 Peso
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