Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How to ship coins, and insurance questions.
>
Reply to Thread
Message:
<p>[QUOTE="buddy16cat, post: 1963335, member: 37356"]Yes, it should not apply to collectable coins and stamps per their policy but apparently they have used a priority mail clause to deny payouts or sent $15 to people sending coins to a TPG or sold on Ebay. I just read about someone that sent a 2009 proof gold Indian and they were sent $20 when it was lost.</p><p><br /></p><p>In section 4.0 of their catalog 6.09 it states:</p><p><br /></p><p><b>"[1-26-14] Insurance for loss or damage to insured, COD, or Registered Mail within the amount covered by the fee paid or the indemnity limits for Priority Mail Express (under <a href="http://pe.usps.com/text/dmm300/609.htm#1097235" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://pe.usps.com/text/dmm300/609.htm#1097235" rel="nofollow">4.2</a>) is payable for the following:</b>"</p><p><br /></p><p><b>"For stamps and coins of philatelic or numismatic value; the fair market value is determined by a recognized stamp or coin dealer or current coin and stamp collectors’ newsletters and trade papers. The date of the fair market value determination must be current and prior to the mailing date."</b></p><p><br /></p><p>But under section 4.2 about priority mail express mail claims it states.</p><p><br /></p><p><b>c. For negotiable items, currency, or bullion, the maximum indemnity is $15.00. </b>[/QUOTE]</p><p><br /></p>
[QUOTE="buddy16cat, post: 1963335, member: 37356"]Yes, it should not apply to collectable coins and stamps per their policy but apparently they have used a priority mail clause to deny payouts or sent $15 to people sending coins to a TPG or sold on Ebay. I just read about someone that sent a 2009 proof gold Indian and they were sent $20 when it was lost. In section 4.0 of their catalog 6.09 it states: [B]"[1-26-14] Insurance for loss or damage to insured, COD, or Registered Mail within the amount covered by the fee paid or the indemnity limits for Priority Mail Express (under [URL='http://pe.usps.com/text/dmm300/609.htm#1097235']4.2[/URL]) is payable for the following:[/B]" [B]"For stamps and coins of philatelic or numismatic value; the fair market value is determined by a recognized stamp or coin dealer or current coin and stamp collectors’ newsletters and trade papers. The date of the fair market value determination must be current and prior to the mailing date."[/B] But under section 4.2 about priority mail express mail claims it states. [B]c. For negotiable items, currency, or bullion, the maximum indemnity is $15.00. [/B][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How to ship coins, and insurance questions.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...