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How to Ship + Insure a Coin going from US to Anywhere?
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<p>[QUOTE="stldanceartist, post: 1856412, member: 13307"]I'm just going to tell you what I discovered during the process of selling the 1932 China "Birds over Junk" dollar (ended up selling for $4800.) I spent about two days trying to find a reasonable solution to this issue - what if I only occasionally have expensive coins to ship overseas, how do I insure them?</p><p><br /></p><p>The summary would be that, if you are a low-volume seller, the <b>ONLY</b> option you have for coins over $1,000 in value is to use ShipandInsure (a partner of the ANA.) However, to even be able to use their service, you will have to join the NACA (North American Collectibles Association) for a "special introductory offer of $45 for the first six months." I don't personally like paying someone for the right to pay them for a service, and I did talk to someone over there who would not budge on this membership issue. I almost bit the bullet and joined, but the application requires you to be a member of multiple trade associations and have an inventory of over $25k at all times. So this is for dealers, not regular people who get lucky every once in a while.</p><p><br /></p><p>In the end, if you are not a huge volume coin dealer, you are SOL. I might suggest finding a huge coin dealer to act as an intermediary, if they would even consider it.[/QUOTE]</p><p><br /></p>
[QUOTE="stldanceartist, post: 1856412, member: 13307"]I'm just going to tell you what I discovered during the process of selling the 1932 China "Birds over Junk" dollar (ended up selling for $4800.) I spent about two days trying to find a reasonable solution to this issue - what if I only occasionally have expensive coins to ship overseas, how do I insure them? The summary would be that, if you are a low-volume seller, the [B]ONLY[/B] option you have for coins over $1,000 in value is to use ShipandInsure (a partner of the ANA.) However, to even be able to use their service, you will have to join the NACA (North American Collectibles Association) for a "special introductory offer of $45 for the first six months." I don't personally like paying someone for the right to pay them for a service, and I did talk to someone over there who would not budge on this membership issue. I almost bit the bullet and joined, but the application requires you to be a member of multiple trade associations and have an inventory of over $25k at all times. So this is for dealers, not regular people who get lucky every once in a while. In the end, if you are not a huge volume coin dealer, you are SOL. I might suggest finding a huge coin dealer to act as an intermediary, if they would even consider it.[/QUOTE]
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