Coin Selling Tips: How To Ship Your Coins the Smart Way
When you’re in the business of coin selling, shipping collectible and rare coins to buyers is a big part of the process. For large or especially valuable shipments, taking steps to make sure the package arrives or is traceable if it doesn’t is essential for making sure you’re covered if something goes wrong. Below are three great ways to make sure your coins arrive at their destination.
What You Should Know About Shipping Before You Start Coin Selling
1. Protect Your Investment
Whatever company you decide to ship your coins with, make sure you receive a tracking number for your package, which will allow you to trace its route and be notified of when and where it was delivered. In the event the package is lost or never arrives, the tracking number will help locate it. You should also purchase insurance for your package, so you’ll be reimbursed for the monetary value of it if it does get lost or damaged. Take a picture of the shipping label before you leave so you have the information available and don’t write things like “valuable,” “rare coins,” or “collectibles” on the box to avoid tempting someone to steal it.
2. Pack It Well
If your coins become damaged during shipping, the coin buying business or individual that receives them will be unhappy, which will tarnish your reputation and cost you future business. Packing your coins with care will prevent damage from occurring in transport. Place each coin in a padded, protective box, and then wrap each box with bubble wrap, arranging them inside the shipping container or envelope. Pack additional bubble wrap around the boxes and between each layer. Once the box is securely closed and taped, it shouldn’t make any noise when shaken.
3. Use Registered Mail When Possible
If you can afford it and the package is valuable enough, opt for registered shipping when you send it off. This is one of the smartest decisions a coin selling professional can make, as it requires everyone who handles your package to sign off on it, leaving a traceable record of liability for it. Registered shipping is especially recommended for international packages, as it’s difficult to track a package overseas.
If you’re looking to expand your collection of rare coins, whether for business or pleasure, stop by Coins & Carats in Kalispell, MT. With over 25 years in the coin selling business, they offer unique and coveted coins, using their expertise and knowledge to cultivate the finest selection around. They’re coin buying experts as well, and they’ll give you competitive prices on pieces that you want to let go of. Beyond coins, they deal with fine jewelry and stones, too, specializing in stunning and valuable pieces. Learn more about their coin selection online, and call (406) 752-2646 to get a quote for your coins.