Mastro Invoice Shipping?

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Posted By: bruce Dorskind

Whenever our Fed Ex account is provided to an auctioneer
(including Memory Lane, RLA and Hunt as well as Mastro)
we then request a tracking number and e-mail our insurance
company. The insurance company adds the items to the policy.

They are on our policy as soon as they are picked up by Fed Ex

Generally, we add 15-20% above the winning bid (including premium
and sales tax -where relavent -i.e. NY) so that our deductible is
covered if the item(s) are lost.

We have a small contract with Fed Ex so we enjoybale favorable
rates. We have insured the collection with Chubb since 1977
and enjoy a much better rate than one could obtain for high
end baseball collectibles from a company like Chubb today.

In 20+ years of shipping with Fed Ex, only one item was lost.
It was recovered two weeks later. The auctioneer sent it
to the correct address but the wrong zip code and used his
city rather than NYC

Our rule of thumb then is:

a) Use our Fed Ex account
b) Ask the auctioneer for the tracking number
c) Add the items to our policy - add 20% to the value (assuming they are valuable)
d) Always require that someone sign for the package

Hope this helps

Bruce
America's Toughest Want List