Reply to Thread

Message:: [QUOTE="Publius2, post: 6315686, member: 105571"]I won a 1796 Draped Bust dollar in Heritage's auction of Jan.22 so I sent in my personal check on Jan 25th.  Transit was Florida to Texas, so no international issues.  After a week, it had still not cleared the bank and Heritage had not received it.  Called Heritage, discussed the late delivery, and I said we'd give the check another week to get there.  At the end of the second week, which was yesterday, the check had still not cleared the bank and still not received by Heritage.  So, I had to put a "stop payment" on the check, called Heritage and paid by credit card.  They were nice enough to waive the late fee but the 2.5% credit card fee they charge kinda hurt.  Guess I'll need to look into wire transfers, now. Anyway, the USPS strikes again.  The Heritage customer rep told me they are seeing lots of delays due to this.  And I read a story in the WSJ last week that reported the USPS on-time delivery of first class mail is down to 60% from a pre-pandemic norm of about 90%. I am also seeing many more cases of mis-delivered mail.  This incident was the second time within 12 months that a large check failed to make its destination with no sign yet that either check was stolen with an attempt at fraudulent redemption.  So what happens to this stuff - sitting in someone's rental storage locker?[/QUOTE]