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Post Office does not believe coins are "real" collectables
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<p>[QUOTE="lkeigwin, post: 1225328, member: 30400"]<i>My sorry story with a registered, insured, priority mail lost package going to grading service lost or stolen by postal workers continues.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>Sent package April 29. Called grading service May 16. They never got. On line Postal site showed accepted at local Post Office and with the help of my local Post Master traced it to San Francisco then onto Atlanta and then who knows where.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>Filed claim 5/21/2011, insured value $3994.00, after looking up the 78 coins and getting prices sold from auctions, fixed price lists along with how to verify the value of the coins through published lists and what type they were by showing one type vs another type.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>The post office sent me a check for $31.64 less than face value and postage.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>I contacted the local TV station no interest, as a Life Member of the ANA no help but would I like to donate (what?), local radio attorney sent in info no help yet, I finally contacted my Congressman the Honorable John Garamendi, who's asst Karen Tedford wrote to Postal System.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>She got back a letter signed by MaryGrace Cruz Postal Consumer and Industry Manager that the claim was settled for less than the insured amount (what?). $31.64, I do not think so.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>So I appealed again with more information as to the worth of the coins and guess what they sent me the value as if the coins were common worn silver with no value above that $583.96 14.6% of what I paid insurance for.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>Coins are not a collectable guys and lady's as far as the US Postal Service is concerned now that Rolex well that is (what?) a watch is a collectable and coins are not. Stamps ARE collectable and coins are not.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>I have written my Congressman's office again for help. I will call the Post Office again and send their check back and when I get my tax bill next year would the government let me pay 14.6% of what I owe because, well, they really do not do a good job. They are not employees.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>Employees, well do their job and produce something other than a pile of paperwork with no value. If I were you I would not send any coins in for grading by the mail. It looks like the workers know the grading companies addresses and then the package "goes" missing and then they will not pay your claim.</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i>Read more: <a href="http://www.cointalk.com/t186728/#ixzz1SK6lE5O5" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t186728/#ixzz1SK6lE5O5">http://www.cointalk.com/t186728/#ixzz1SK6lE5O5</a></i></p><p><br /></p><p>First off, paragraphs are your friend. Remember that from grade school? So is spell checker. It was hard to even get through this.</p><p><br /></p><p>Secondly, the PO is very good about paying legitimate claims. But they require documentation about the actual loss. Sounds silly, maybe. But imagine the volume of claims they have to deal with, and all the folks claiming that those Elvis sunglasses are worth a fortune.</p><p><br /></p><p>I am sorry for your loss. You reached far too deeply, IMO, trying to get TV and Congress involved. Your job is to prove your loss. Consider this every time you ship insured. Just because you say it is a $10k coin doesn't mean that's what you'll be paid in a loss.</p><p>Lance.[/QUOTE]</p><p><br /></p>
[QUOTE="lkeigwin, post: 1225328, member: 30400"][I]My sorry story with a registered, insured, priority mail lost package going to grading service lost or stolen by postal workers continues. Sent package April 29. Called grading service May 16. They never got. On line Postal site showed accepted at local Post Office and with the help of my local Post Master traced it to San Francisco then onto Atlanta and then who knows where. Filed claim 5/21/2011, insured value $3994.00, after looking up the 78 coins and getting prices sold from auctions, fixed price lists along with how to verify the value of the coins through published lists and what type they were by showing one type vs another type. The post office sent me a check for $31.64 less than face value and postage. I contacted the local TV station no interest, as a Life Member of the ANA no help but would I like to donate (what?), local radio attorney sent in info no help yet, I finally contacted my Congressman the Honorable John Garamendi, who's asst Karen Tedford wrote to Postal System. She got back a letter signed by MaryGrace Cruz Postal Consumer and Industry Manager that the claim was settled for less than the insured amount (what?). $31.64, I do not think so. So I appealed again with more information as to the worth of the coins and guess what they sent me the value as if the coins were common worn silver with no value above that $583.96 14.6% of what I paid insurance for. Coins are not a collectable guys and lady's as far as the US Postal Service is concerned now that Rolex well that is (what?) a watch is a collectable and coins are not. Stamps ARE collectable and coins are not. I have written my Congressman's office again for help. I will call the Post Office again and send their check back and when I get my tax bill next year would the government let me pay 14.6% of what I owe because, well, they really do not do a good job. They are not employees. Employees, well do their job and produce something other than a pile of paperwork with no value. If I were you I would not send any coins in for grading by the mail. It looks like the workers know the grading companies addresses and then the package "goes" missing and then they will not pay your claim. Read more: [URL]http://www.cointalk.com/t186728/#ixzz1SK6lE5O5[/URL][/I] First off, paragraphs are your friend. Remember that from grade school? So is spell checker. It was hard to even get through this. Secondly, the PO is very good about paying legitimate claims. But they require documentation about the actual loss. Sounds silly, maybe. But imagine the volume of claims they have to deal with, and all the folks claiming that those Elvis sunglasses are worth a fortune. I am sorry for your loss. You reached far too deeply, IMO, trying to get TV and Congress involved. Your job is to prove your loss. Consider this every time you ship insured. Just because you say it is a $10k coin doesn't mean that's what you'll be paid in a loss. Lance.[/QUOTE]
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Post Office does not believe coins are "real" collectables
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