Has anyone collected money from USPS insurance?

Discussion in 'Coin Chat' started by BadThad, Dec 2, 2010.

  1. BadThad

    BadThad Calibrated for Lincolns

    Thanks EyeEat....I need to digest all that, but it sounds logical.
     
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  3. BadThad

    BadThad Calibrated for Lincolns

    That sounds like a real crock of ^$%# to me!
     
  4. imrich

    imrich Supporter! Supporter

    A Very Common Occurance!!

    Postal employees are generally required to refuse envelopes with items packaged as described, as the sorting machines "devour" the contents. People feel that they can circumvent the system by just dropping the envelopes into the system, but they do same at their risk.

    Post Offices in my vicinity are very diligent in inspecting for envelopes with irregular thickness patterns, and loose contents.

    The postal regulations are very specific about irregular thickness envelopes, and if accepted for manual cancellation, assess a surcharge as stated in the regulatory document.

    Coins are generally required to be "secured" between gradually tapering surfaces (e.g. I use 2 recipe cards tightly secured) inside an envelope. I'm very familiar with the aggressive tendencies of sorting equipment, and send coins in envelopes having all edges taped at least 3/4' from the edge, on both sides.

    I once bought a bag of 10000 Mercury dimes, which were shipped loosely in a lined cardboard box that arrived with coins dropping from a tear. I received only an apology from the local postmaster who recommended that I inform my suppliers of postal requirements for secured packaging.

    The requirement is not a "
    real crock of ^$%#".

    Rich :eek:
     
  5. Conder101

    Conder101 Numismatist

    Also consider Registered mail for anything over about $700. Once you pass that amount Registered is cheaper (and as value increases a LOT cheaper) than insured, not to mention much safer. It is slower though.

    That 6K package, assuming it weighs more than 13 oz, could only be insured for 5K maximum by insured mail and would cost $51.70 in insurance fees plus the postage fee (Typically priority mail fee). If sent Registered it could be insured for the full amount, 6K, and would cost $21.20 SO you would save almost $40 shipping it registered rather than insured.
     
  6. EyeEatWheaties

    EyeEatWheaties Cent Hoarder

    I ended up insuring for the max 5k and sent USPS Express -overnight delivery for a total of $33 see thread titled NGC- my first submission.
     
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