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<p>[QUOTE="treylxapi47, post: 2145624, member: 41863"]Also consider another option that was pointed out to me. </p><p><br /></p><p>Self insurance. </p><p><br /></p><p>For every dollar that you spend on insuring your packages through USPS, set that money aside in a separate jar, account, or place. </p><p><br /></p><p>That way you aren't giving your money away to someone else, you will eventually reach a point that you have excess of anything that you will ever ship and then you can use that extra money to buy more coins to sell for a profit. </p><p><br /></p><p>When you 'issue a claim' just start refilling your pot until you reach your safe number and then go back to spending that excess on coins once you pass that mark again. </p><p><br /></p><p>The rate of you issuing claims should be 1:25 or even better than that. </p><p><br /></p><p>My plan would be to self insure under $500, and registered over that as my first platform. Then when I have that $500 covered in cash set aside, bump it up to $1000 self insured and registered mail for anything over that. </p><p><br /></p><p>By that threshold the buyer and the seller BOTH usually want to ensure proper delivery and the cost can often be split among parties at anything over $1000 per coin.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 2145624, member: 41863"]Also consider another option that was pointed out to me. Self insurance. For every dollar that you spend on insuring your packages through USPS, set that money aside in a separate jar, account, or place. That way you aren't giving your money away to someone else, you will eventually reach a point that you have excess of anything that you will ever ship and then you can use that extra money to buy more coins to sell for a profit. When you 'issue a claim' just start refilling your pot until you reach your safe number and then go back to spending that excess on coins once you pass that mark again. The rate of you issuing claims should be 1:25 or even better than that. My plan would be to self insure under $500, and registered over that as my first platform. Then when I have that $500 covered in cash set aside, bump it up to $1000 self insured and registered mail for anything over that. By that threshold the buyer and the seller BOTH usually want to ensure proper delivery and the cost can often be split among parties at anything over $1000 per coin.[/QUOTE]
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