Question about mailing coins and money?

[Coppercrazy]

I don't know if any of you could answer this for me or not, but the post office says you can't insure money. Understandable, but does that mean you can ship like 1 coin that is sold way higher than face value? Because technically it is money, but it isn't being sold as money really. This is probably a really stupid question, but could someone please answer this for me!

 

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[Coppercrazy]

I haven't sold any coins yet except $100 copper FV

 

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[Coppercrazy]

Pretty much everything I am keeping for retirement.

 

[FormerTeller]

Pretty much everything I am keeping for retirement.

No offense, but I LOL'ed at that.

Not that I don't believe you, or that I don't approve, just rare to see someone your age saving for retirement. Wish I had started that young.

 

[Iron Patch]

I don't like to laugh at the expense of others, but I chuckled a little at that.

If I ever send something like that, I put it in a little bubble mailer or one of the envelopes that the post office sells.

A couple months back I needed to ship something in a small box, so went back to my small storage area where I knew there was some boxes. Not really paying much attention I started the process of packing, but was stopped dead in my tracks seeing the box was marked several times with $5. That would have been a whole lot of $5 bills, at least that's what the thief would have thought.

 

[Iron Patch]

No offense, but I LOL'ed at that.

Not that I don't believe you, or that I don't approve, just rare to see someone your age saving for retirement. Wish I had started that young.

Things are going to change so much it's hard to say if that's a good idea or not. Over the next 5-10 years I imagine I am going to sell quite a pile of stuff and could build a very large collection using the profits, but I see too much risk in that to do it.

 

[Coppercrazy]

I think precious metals and old coins are just like the stock market. They go up and down, but in the end, they'll go up.