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<p>[QUOTE="huntsman53, post: 186032, member: 1242"]samjimmy,</p><p><br /></p><p>I sure hope that the USPS makes good on your Claim but don't hold your breath! The USPS has a regulation stating that high dollar items such as coins, currency, jewelry, etc. must be sent via Registered Mail (with Insurance of course) before they will pay on any Claim for a lost or stolen item. I can't remember the Reg. but you can call their' hotline and ask about this Regulation.</p><p><br /></p><p>In 2004, I purchased a 21 piece, mixed date set of Silver Dollars which were mostly Morgans but included a 1921 Peace Dollar and an 1876-S Trade Dollar on eBay and the USPS destroyed many of the coins in shipping and I had to eat the loss. I couldn't believe that I won the set so cheap which if I recall correctly was around $370 and around $385 or so with the shipping via Priority Mail with Insurance and Signature Delivery Confirmation. A few of the Morgans were EF to AU but most were MS-60 to MS-63 with the exception of 4 which (one was an 1880-S and another one was an 1884-S but I don’t remember the other Dates/MM’s) were MS-64 to MS-66 or better and PL to DMPL. The coins were in plastic holders in a display case that were shipped in a Priority Mail box. During shipment, something (a rod or pipe) penetrated the box and one of the plastic holders, thus damaging the coin and letting it loose in the display case to do more damage. Well more damage it did as the Silver Dollar broke 8 more plastic holders and freed the Silver Dollars inside to run amuck inside the case and damage each other. I had the Mail Lady note on the box about the damage and even sign it. When I went to file the Claim, the USPS wanted me to obtain a Pre-shipping Appraisal based on the pictures that were posted with the auction and any that the Seller might still have at the time and also to get a Post-shipping Appraisal. As the story goes, I checked with several Coin Dealers and most wanted $100 for each written Appraisal (which they do not re-imburse for) which would put my total cost in the coins at $585 to get back $385 on the Claim so my net reimbursement would have been only $185. I eventually sold the set for $200 which was $15 more than what I would have netted fom the USPS.[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 186032, member: 1242"]samjimmy, I sure hope that the USPS makes good on your Claim but don't hold your breath! The USPS has a regulation stating that high dollar items such as coins, currency, jewelry, etc. must be sent via Registered Mail (with Insurance of course) before they will pay on any Claim for a lost or stolen item. I can't remember the Reg. but you can call their' hotline and ask about this Regulation. In 2004, I purchased a 21 piece, mixed date set of Silver Dollars which were mostly Morgans but included a 1921 Peace Dollar and an 1876-S Trade Dollar on eBay and the USPS destroyed many of the coins in shipping and I had to eat the loss. I couldn't believe that I won the set so cheap which if I recall correctly was around $370 and around $385 or so with the shipping via Priority Mail with Insurance and Signature Delivery Confirmation. A few of the Morgans were EF to AU but most were MS-60 to MS-63 with the exception of 4 which (one was an 1880-S and another one was an 1884-S but I don’t remember the other Dates/MM’s) were MS-64 to MS-66 or better and PL to DMPL. The coins were in plastic holders in a display case that were shipped in a Priority Mail box. During shipment, something (a rod or pipe) penetrated the box and one of the plastic holders, thus damaging the coin and letting it loose in the display case to do more damage. Well more damage it did as the Silver Dollar broke 8 more plastic holders and freed the Silver Dollars inside to run amuck inside the case and damage each other. I had the Mail Lady note on the box about the damage and even sign it. When I went to file the Claim, the USPS wanted me to obtain a Pre-shipping Appraisal based on the pictures that were posted with the auction and any that the Seller might still have at the time and also to get a Post-shipping Appraisal. As the story goes, I checked with several Coin Dealers and most wanted $100 for each written Appraisal (which they do not re-imburse for) which would put my total cost in the coins at $585 to get back $385 on the Claim so my net reimbursement would have been only $185. I eventually sold the set for $200 which was $15 more than what I would have netted fom the USPS.[/QUOTE]
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