$ 100K+ Cards Insured thru the Mail ???

[mechanicalman]

It will likely be overnighted via FedEx or USPS to comply with the umbrella insurance policy which covers the risk.

[buymycards]

USPS overnight mail can only be insured for $5000. I would want the item to be mailed as Registered Mail, which can cover the full $100k if you pay the fees. Registered Mail is slower, but it is reliable. Many jewelers use Registered Mail to ship large amounts of jewelry and the Postal Service uses Registered Mail to send in their nightly cash deposits.

[bnorth]

Originally Posted by buymycards

USPS overnight mail can only be insured for $5000. I would want the item to be mailed as Registered Mail, which can cover the full $100k if you pay the fees. Registered Mail is slower, but it is reliable. Many jewelers use Registered Mail to ship large amounts of jewelry and the Postal Service uses Registered Mail to send in their nightly cash deposits.

I have used registered mail. It always gets there but it could be 3 days or 3 weeks.

[Goudey77]

did you say UPS? brutal....

[swarmee]

Is FEDEX the one that caps insurance payouts for collectibles at only $1,000 no matter how much you actually pay?

[Aquarian Sports Cards]

Originally Posted by swarmee

Is FEDEX the one that caps insurance payouts for collectibles at only $1,000 no matter how much you actually pay?

FED EX and UPS on collectibles

[Aquarian Sports Cards]

I am assuming shipping items that expensive they are privately insured.

[LincolnVT]

USPS priority mail registered and insured for the dollar amount that the card is worth. This requires each employee that touches the package to sign for it and secure it between transfer stations / postal offices. Takes a bit longer, but you can also track each movement. The person on the recieving end needs to sign for the package. If the buyer isn't home when the package arrives, USPS holds the item in a safe at the post office until it is picked up.

[Bicem]

Originally Posted by mechanicalman

It will likely be overnighted via FedEx or USPS to comply with the umbrella insurance policy which covers the risk.

This.

AH's private insurance policy covers, they just need to ship via however the policy requires for safety/tracking reasons. No insurance needed through the actual shipper, so their limits are a moot point.

[Leon]

Originally Posted by Bicem

This.

AH's private insurance policy covers, they just need to ship via however the policy requires for safety/tracking reasons. No insurance needed through the actual shipper, so their limits are a moot point.

This is true. Insurance carriers (such as Collectibles Insurance) require certain methods of delivery to conform to their policy.
I have shipped a 6 figure card or two. I think I just did USPS overnight and crossed my fingers. It did work out. The safest way, as mentioned, is USPS Registered mail. I have received a 6 figure card that way. Except for it taking 8-9 days it was fine. Another time or two I have delivered high priced cards out of state, myself.

[BeanTown]

Only exception to AHs are Huggins and Scott. They do all their customers a favor and charge them actual cost of the UPS/FedEx insured declared value of the item won.

[JackW]

Originally Posted by BeanTown

Only exception to AHs are Huggins and Scott. They do all their customers a favor and charge them actual cost of the UPS/FedEx insured declared value of the item won.

You either don't bid with many auctions houses or you don't look at your invoices.