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  #1  
Old 02-21-2011, 06:28 AM
sb1 sb1 is offline
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Join Date: Apr 2009
Posts: 3,222
Default I can speak for us..........

At Brockelman & Luckey we carry private insurance that covers both incoming and outgoing packages as well as material on premise while in our possession. The policy allows for various means of shipping, UPS, FEDEX, USPS, etc, each having it's own parameters of shipping depending on value. Most require a signature AND overnight shipping if the value exceeds a certain amount.

Here is the info for USPS for example:

Up to $400 – First Class, Priority, Parcel Post - No Signature Required

Up to $2,000 – Signature Required

Up to $25,000 – Registered or Express Mail – Signature Required

I can assure you for a 7 figure consignment or purchase we will be on a plane to anywhere the person may be!!

Scott
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Old 02-21-2011, 09:18 AM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
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The risk of a truck or plane being destroyed is the same for any carrier.

A large portion of express and priority mail has actually been carried by FedEx since 2001.

Steve B
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Old 02-21-2011, 09:35 AM
barrysloate barrysloate is offline
Barry Sloate
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Join Date: Apr 2009
Location: Brooklyn, NY
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I'm a big supporter of registered mail. I've sent a thousand packages that way and not one was ever lost. As far as putting any claim in with the post office, even on a package insured for $50, you need some proof of its value. An invoice is typically sufficient. I've made two claims in the last few years for lost first class insured packages, and I was paid in full for both. One was extremely slow, and with the other I was paid in a couple of weeks. I believe the post office stands by its policies. I don't know about the other carriers. If you told fedex you lost baseball cards in transit I suspect they would not pay.
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Old 02-21-2011, 09:50 AM
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glchen glchen is offline
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Yea, I think if I ever had a 6 figure consignment or purchase, I'd be on an airplane either dropping off my package or doing local pickup. A flight on Southwest is cheap, and there'd be a lot more peace of mind. I remember the story of one of the Butterfinger Ruths, and I believe the submitter drove many hours to a show to have PSA authenticate the card in person and then drove the card back himself. That's how it would be for something so high in value.
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