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Unopened cheerios dollar and cent in package
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<p>[QUOTE="huntsman53, post: 488825, member: 1242"]Jim,</p><p><br /></p><p>That is a great informative Thread that everyone that ships coins, needs to know! Thanks!</p><p><br /></p><p>Another little overlooked tidbit when shipping High Dollar coins is the fact that the USPS actually has a Policy concerning Insurance Claims for lost or stolen items. Technically, they are not suppose to pay on Insurance Claims for lost or stolen coins unless they are sent via Registered Mail. However, I have found that for Claims on items there were generally insured for $1,000 or less, they will actually pay but don't hold your breath while waiting on a check for reimbursement on claims of $2,000 and above. You might get lucky but if the person or persons processing the claim knows or follows the USPS' Policy, then you will get nothing. I have found that the large majority of the USPS employees are unaware of the Policy but if you call the Hotline, they will verify that it exists. This Policy can be found buried in all of their' Policies, Rules and Regulations if you are very tenacious and don't mind shifting through pages, and pages, and pages and more pages of USPS BS.</p><p><br /></p><p>So my advise to everyone here, is to not only insure but also to send High Dollar coins via Registered Mail.</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 488825, member: 1242"]Jim, That is a great informative Thread that everyone that ships coins, needs to know! Thanks! Another little overlooked tidbit when shipping High Dollar coins is the fact that the USPS actually has a Policy concerning Insurance Claims for lost or stolen items. Technically, they are not suppose to pay on Insurance Claims for lost or stolen coins unless they are sent via Registered Mail. However, I have found that for Claims on items there were generally insured for $1,000 or less, they will actually pay but don't hold your breath while waiting on a check for reimbursement on claims of $2,000 and above. You might get lucky but if the person or persons processing the claim knows or follows the USPS' Policy, then you will get nothing. I have found that the large majority of the USPS employees are unaware of the Policy but if you call the Hotline, they will verify that it exists. This Policy can be found buried in all of their' Policies, Rules and Regulations if you are very tenacious and don't mind shifting through pages, and pages, and pages and more pages of USPS BS. So my advise to everyone here, is to not only insure but also to send High Dollar coins via Registered Mail. Frank[/QUOTE]
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Unopened cheerios dollar and cent in package
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