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Post Office does not believe coins are "real" collectables
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<p>[QUOTE="darrowcrowe, post: 1225322, member: 27209"]Ok then I have a really rare 1793 chain link coin that I found metal detecting. I send it in. I insure it for the value it would sell for. I pay extra to make sure it gets to where it goes. It gets lost. So I get a penny I mean "Cent"? What about all the time I spent detecting, bought a machine, maybe researched a location, drove there.</p><p> I spend my time reading, learning buying books and newspapers, really become a true lover of type coins. I then go to shows over 20 years, pay to get in spend my time to discover lost treasures that others missed. I insured for what they were worth. Not silver value. What I am saying is the Post Office says is a coin collection is NOT a collectable item, worth just the melt value. I do think that that would **** every collector off! Mail something and get melt. $30 bucks for a unslabbed 1880S MS66 dollar bought years ago. Really! you would accept that? Do you not see how unfair what the Post Office is doing? It is not like I was "planning to have my package lost (stolen) just to collect the insurance. My Post Master told me that they have paid claims on a Rolex watch that was lost...A stupid watch hundreds of them made marketed as the thing to have to show off our wealth. Martketed by a bunch of over paid celebrities who have done nothing to help anyone but themselves. The Post Office should have paid "melt" on that one. I have spend a lot of hours, copy paper to research just to verify what coins were worth at a medium grade. If a couple of the coins slabbed "67" they could have been worth several thousands of dollars. I was also cheated out of that.[/QUOTE]</p><p><br /></p>
[QUOTE="darrowcrowe, post: 1225322, member: 27209"]Ok then I have a really rare 1793 chain link coin that I found metal detecting. I send it in. I insure it for the value it would sell for. I pay extra to make sure it gets to where it goes. It gets lost. So I get a penny I mean "Cent"? What about all the time I spent detecting, bought a machine, maybe researched a location, drove there. I spend my time reading, learning buying books and newspapers, really become a true lover of type coins. I then go to shows over 20 years, pay to get in spend my time to discover lost treasures that others missed. I insured for what they were worth. Not silver value. What I am saying is the Post Office says is a coin collection is NOT a collectable item, worth just the melt value. I do think that that would **** every collector off! Mail something and get melt. $30 bucks for a unslabbed 1880S MS66 dollar bought years ago. Really! you would accept that? Do you not see how unfair what the Post Office is doing? It is not like I was "planning to have my package lost (stolen) just to collect the insurance. My Post Master told me that they have paid claims on a Rolex watch that was lost...A stupid watch hundreds of them made marketed as the thing to have to show off our wealth. Martketed by a bunch of over paid celebrities who have done nothing to help anyone but themselves. The Post Office should have paid "melt" on that one. I have spend a lot of hours, copy paper to research just to verify what coins were worth at a medium grade. If a couple of the coins slabbed "67" they could have been worth several thousands of dollars. I was also cheated out of that.[/QUOTE]
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