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<p>[QUOTE="EyeEatWheaties, post: 1055624, member: 26972"]<b>Warning, long post ahead!</b></p><p><b><br /></b></p><p><br /></p><p>Thanks for the kudos, I never know on new forums whether people "glaze" over reading my long posts. </p><p><br /></p><p>Thad et al. to clarify: My buyer was on vacation and had her mail held while on vacation. When she got home expecting a package, nothing was there, no notification. Nothing - I put Delivery Confirmation (tracking) on everything I ship, since it is only 19 cents when you buy postage on line. SUPER CHEAP insurance! Tracking showed that it hit her Post Office and yet postal employees (with delivery confirmation (tracking) info in hand) could not find the package.</p><p><br /></p><p>While insurance tag numbers are different than a Delivery Confirmation number, I do believe that the USPS number does provide tracking information to postal employees at a minimum - of course, that is, if the employees are scanning the bar code on the insurance tag at each stop.</p><p><br /></p><p><b>More shipping advice/information (opinion) based on my experiences over the last year.</b></p><p><b><br /></b></p><p><br /></p><p> I am going to be using USPS today for a coin package going to NGC that I want insured for 6k. (I created a thread and will post each step) This will be a new education for me. What I worry about (shipping insurance wise), is what will they pay should something happen. I have documented the coins via high resolution imaging. however it could be argued that the coins are near worthless due to cleaning and because they are not yet authenticated. Video taping the sealing of the package at the PO and subsequent receipt really feels like a good idea. However I would be too embarrassed to feign that amount of analese.. Call it gut feeling, normally I wouldn't be this worried - I guess because they were my dad's coins is having an effect on my sheepishness. I digress ..... sorry! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>Lastly - semi related to Thad's OP.... PayPa</b>l - I have had the time to study this service and I really feel they are the best. I know there are horror stories out there. Anyone, who periodically sells should look into their merchant account. It is very easy to use, professional looking and super fast and free. Yes, 3% really adds up, I wish it was lower and feel it is too high for the service, especially given the dollar volume they do. Who am I to say that. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Furthermore... blah blah blah... I know I already said lastly - PostScript <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I am of the thought, that if you use the PayPal Merchant/Premiere account to invoice a buyer </p><p><br /></p><p>- Watch the video here <a href="https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/online_invoicing" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/online_invoicing" rel="nofollow">https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/online_invoicing</a> </p><p><br /></p><p>As long as you put a description in the invoice and use USPS delivery confirmation, that you, the seller, have near perfect coverage - in other words, "buying"(it's free) into their system has to help should a problem arise..... BTW - eBay/PayPal has a rule that requires signature confirmation of receipt for items over $250 for their full coverage.</p><p><br /></p><p>PayPal's Seller Protection Link: <a href="https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=security/seller_protection_learn_more" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=security/seller_protection_learn_more" rel="nofollow">https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=security/seller_protection_learn_more</a></p><p><br /></p><p>There is a potential downside to a merchant account and that would be, in the event you were IRS audited. Just keep some type of documentation of your sales typical to any capital gain.</p><p><br /></p><p><br /></p><p><br /></p><p><b>Foot note:</b> I took a quick accounting of USPS insurance fees paid last year, best I can tell, I am about $70 ahead on claims. I probably missed some that I paid so the number is likely less. As previously mentioned, the only problems I have had were with insured packages. My thinking is, that I wouldn't have had the problems, had I not insured, Not insuring might have put me ~$300 ahead. Next year, I am only going to insure based on gut feeling, instead of insuring everything over $100[/QUOTE]</p><p><br /></p>
[QUOTE="EyeEatWheaties, post: 1055624, member: 26972"][B]Warning, long post ahead! [/B] Thanks for the kudos, I never know on new forums whether people "glaze" over reading my long posts. Thad et al. to clarify: My buyer was on vacation and had her mail held while on vacation. When she got home expecting a package, nothing was there, no notification. Nothing - I put Delivery Confirmation (tracking) on everything I ship, since it is only 19 cents when you buy postage on line. SUPER CHEAP insurance! Tracking showed that it hit her Post Office and yet postal employees (with delivery confirmation (tracking) info in hand) could not find the package. While insurance tag numbers are different than a Delivery Confirmation number, I do believe that the USPS number does provide tracking information to postal employees at a minimum - of course, that is, if the employees are scanning the bar code on the insurance tag at each stop. [B]More shipping advice/information (opinion) based on my experiences over the last year. [/B] I am going to be using USPS today for a coin package going to NGC that I want insured for 6k. (I created a thread and will post each step) This will be a new education for me. What I worry about (shipping insurance wise), is what will they pay should something happen. I have documented the coins via high resolution imaging. however it could be argued that the coins are near worthless due to cleaning and because they are not yet authenticated. Video taping the sealing of the package at the PO and subsequent receipt really feels like a good idea. However I would be too embarrassed to feign that amount of analese.. Call it gut feeling, normally I wouldn't be this worried - I guess because they were my dad's coins is having an effect on my sheepishness. I digress ..... sorry! :) [B]Lastly - semi related to Thad's OP.... PayPa[/B]l - I have had the time to study this service and I really feel they are the best. I know there are horror stories out there. Anyone, who periodically sells should look into their merchant account. It is very easy to use, professional looking and super fast and free. Yes, 3% really adds up, I wish it was lower and feel it is too high for the service, especially given the dollar volume they do. Who am I to say that. :) Furthermore... blah blah blah... I know I already said lastly - PostScript :) I am of the thought, that if you use the PayPal Merchant/Premiere account to invoice a buyer - Watch the video here [URL="https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/online_invoicing"]https://merchant.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=merchant/online_invoicing[/URL] As long as you put a description in the invoice and use USPS delivery confirmation, that you, the seller, have near perfect coverage - in other words, "buying"(it's free) into their system has to help should a problem arise..... BTW - eBay/PayPal has a rule that requires signature confirmation of receipt for items over $250 for their full coverage. PayPal's Seller Protection Link: [URL="https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=security/seller_protection_learn_more"]https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=security/seller_protection_learn_more[/URL] There is a potential downside to a merchant account and that would be, in the event you were IRS audited. Just keep some type of documentation of your sales typical to any capital gain. [B]Foot note:[/B] I took a quick accounting of USPS insurance fees paid last year, best I can tell, I am about $70 ahead on claims. I probably missed some that I paid so the number is likely less. As previously mentioned, the only problems I have had were with insured packages. My thinking is, that I wouldn't have had the problems, had I not insured, Not insuring might have put me ~$300 ahead. Next year, I am only going to insure based on gut feeling, instead of insuring everything over $100[/QUOTE]
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Has anyone collected money from USPS insurance?
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