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Author Topic: Large Casascius Coins  (Read 1140 times)
steelboy (OP)
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June 10, 2017, 12:19:11 PM
 #21

According to the USPS website insurance coverage for International shipments is maxed out at just under $2500.

There is quite the international audience here, so the insurance available via USPS wouldn't be sufficient. But for US domestic shipping the $50,000 would work...better hurry though, these coin values are on the rise!

I'm sure FedEx or DHL have better insurance options for International shipments, it likely costs more too.

Even with their insurance stuff, would you really feel safe sending such a package? Might be speaking only for myself but if I was going to send/receive a $50k package for example, I'd prefer personal drop-off. Which brings us back to; will there be such an escrow service in the future? Would be fun to see it.

No, not at all. Would never feel safe sending such a package. It amazes me how comfortable people are sending their Cas coins to ANACS for grading when they know the return trip will be completely uninsured.


I made a deal with an internet stranger for ~30btc. We're going to have a fine meal and punch some innocent woodland animals while we conduct business. Oh an he is flying out to meet me in person. Mail is for suckers.

Dazed, you should let people on the forum know when your meeting is if we don't see that toothy grin the next day we'll know to contact the authorities. The act of finding innocent woodland animals puts in you in a location where guilty shit happens in the woods! Hahaha, kidding. I'm sure this stranger is a normal gent.


Yeah, meeting up with strangers to trade coin potentially worth 50k+ needs to be planned carefully  Undecided
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June 10, 2017, 12:43:20 PM
 #22

According to the USPS website insurance coverage for International shipments is maxed out at just under $2500.

There is quite the international audience here, so the insurance available via USPS wouldn't be sufficient. But for US domestic shipping the $50,000 would work...better hurry though, these coin values are on the rise!

I'm sure FedEx or DHL have better insurance options for International shipments, it likely costs more too.

Even with their insurance stuff, would you really feel safe sending such a package? Might be speaking only for myself but if I was going to send/receive a $50k package for example, I'd prefer personal drop-off. Which brings us back to; will there be such an escrow service in the future? Would be fun to see it.

No, not at all. Would never feel safe sending such a package. It amazes me how comfortable people are sending their Cas coins to ANACS for grading when they know the return trip will be completely uninsured.


I made a deal with an internet stranger for ~30btc. We're going to have a fine meal and punch some innocent woodland animals while we conduct business. Oh an he is flying out to meet me in person. Mail is for suckers.

Dazed, you should let people on the forum know when your meeting is if we don't see that toothy grin the next day we'll know to contact the authorities. The act of finding innocent woodland animals puts in you in a location where guilty shit happens in the woods! Hahaha, kidding. I'm sure this stranger is a normal gent.


Yeah, meeting up with strangers to trade coin potentially worth 50k+ needs to be planned carefully  Undecided

Yeah obviously. That's why I'd like to see some sort of escrow service for it in the future. There's always that and meeting up at a police station or any other location that could be considered secure.

Also getting all necessary information from the other party will be key. However you'll confirm that information is another case.

ChiBitCTy
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June 11, 2017, 11:00:45 AM
 #23

I'm a numismatic collector and that's what brought me here and to the world of physical crypto c. pieces. I check the normal action sites as well as auction house sites and have yet to see much of any bitcoin collectibles at the higher end auction sites. Just another response to your question (of course I'd love for them to start making their way to auction house sites too. I've seen some really random stuff over the years and Cryptocurrency Physical pieces fit right in with several types of numis. items I collect so it has to branch out to them before long).

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