Discussion in 'Bullion Investing' started by saltysam-1, Jun 4, 2016.
Log in or Sign up to hide this ad.
Well, that's the second mail person I've had fired on my route and both packages were taken on a Saturday, too .
I also changed to private insurance over USPS insurance because the cost of the latter drives a higher total on the postage label, which can tip off the mail handlers to the high value of a light weight package.
Postal insurance is useless with precious metals. After the 1st $50 you will get nothing, provided you don't give fraudulent information....which is mail fraud...which usually includes some prison time if found guilty...
It's not a secret anymore...
Doesn't it have to be registered mail for a payout on precious metals?
I was wondering who would take the time to research the address. Leave it up to green18 to do that. :>)
Yes. Unless you get 3rd party insurance, and some of them are useless with PMs, the only way to insure PMs via the Post Office is registered mail.
Numismatic coins can be covered with normal insurance. This coverage maxes out at $5,000 however, and the payout value is determined by a 3rd party.
Separate names with a comma.