Mile High Invoices w/ Shipping Charges??

autograf · #1 06-07-2013, 12:12 PM

You get ZERO insurance with Priority Mail. You get up to $100 free with EXPRESS mail (used to be $500). A one pound Priority Mail pkg is about $6, a one pound EXPRESS mail pkg is about $17-$20. A large difference.......above a certain price to insure, it makes more sense to go registered mail. That used to be about $1200-$1400 or so in declared value. It crosses over there. Then you have more security but it takes quite a bit longer.

NONE of the Priority services on the USPS site offer insurance......
https://www.usps.com/ship/service-chart.htm

From UPS.Com.....a package with declared value [x] you pay [y] for additional insurance....
500.....4.50
1000...9.00
2000...18.00

From FedEx.com....a package with declared value [x] you pay [y] for additional insurance....
500.....4.25
1000...8.50
2000...17.00

Those are retail prices. I'm sure contract accounts get a negotiated rate. Point is, Legendary, REA, et al, don't pay these rates as they have insurance riders that cover loss/theft/fire/etc probably. They charge you these rates to help pay for those insurance riders. Do they make a profit on shipping.....maybe. But I don't think a lot. I know they both do a HIGHLY professional job in packing the goods that they ship and have to pay employees to do that and use first rate packing materials which are not cheap. They're not scrounging up a reused box from an inbound ebay shipment or putting a second label over a bubble envelope and re-sending it.

bobfreedman · #2 06-07-2013, 12:17 PM

I called the number on their web site and got thogh with no problems:

http://www.milehighcardco.com/consignwithus.aspx

303-840-2784

bobbyw8469 · #3 06-07-2013, 12:31 PM

That's odd...I called the number and got the generic female operator saying disconnected. Anyway, Mile High contacted me, so I was able to get my questions answered.....

Leon · #4 06-07-2013, 12:57 PM

Quote:

Originally Posted by autograf

You get ZERO insurance with Priority Mail. You get up to $100 free with EXPRESS mail (used to be $500). A one pound Priority Mail pkg is about $6, a one pound EXPRESS mail pkg is about $17-$20. A large difference.......above a certain price to insure, it makes more sense to go registered mail. That used to be about $1200-$1400 or so in declared value. It crosses over there. Then you have more security but it takes quite a bit longer.

NONE of the Priority services on the USPS site offer insurance......
https://www.usps.com/ship/service-chart.htm

From UPS.Com.....a package with declared value [x] you pay [y] for additional insurance....
500.....4.50
1000...9.00
2000...18.00

From FedEx.com....a package with declared value [x] you pay [y] for additional insurance....
500.....4.25
1000...8.50
2000...17.00

Those are retail prices. I'm sure contract accounts get a negotiated rate. Point is, Legendary, REA, et al, don't pay these rates as they have insurance riders that cover loss/theft/fire/etc probably. They charge you these rates to help pay for those insurance riders. Do they make a profit on shipping.....maybe. But I don't think a lot. I know they both do a HIGHLY professional job in packing the goods that they ship and have to pay employees to do that and use first rate packing materials which are not cheap. They're not scrounging up a reused box from an inbound ebay shipment or putting a second label over a bubble envelope and re-sending it.

Thanks Tom. You are definitely the shipping expert on the board. I think what you pointed out is just about what I said...basically, a dollar per hundred of value for insurance. And leave my repurposed shipping boxes alone. I am cheap and going green

..

Griffins · #5 06-07-2013, 01:02 PM

Mine seemed about right.

gnaz01 · #6 06-07-2013, 02:00 PM

REA was free

esquiresports · #7 06-07-2013, 02:27 PM

Quote:

Originally Posted by autograf

You get ZERO insurance with Priority Mail. You get up to $100 free with EXPRESS mail (used to be $500). A one pound Priority Mail pkg is about $6, a one pound EXPRESS mail pkg is about $17-$20. A large difference.......above a certain price to insure, it makes more sense to go registered mail. That used to be about $1200-$1400 or so in declared value. It crosses over there. Then you have more security but it takes quite a bit longer.

NONE of the Priority services on the USPS site offer insurance......
https://www.usps.com/ship/service-chart.htm

From UPS.Com.....a package with declared value [x] you pay [y] for additional insurance....
500.....4.50
1000...9.00
2000...18.00

From FedEx.com....a package with declared value [x] you pay [y] for additional insurance....
500.....4.25
1000...8.50
2000...17.00

Those are retail prices. I'm sure contract accounts get a negotiated rate. Point is, Legendary, REA, et al, don't pay these rates as they have insurance riders that cover loss/theft/fire/etc probably. They charge you these rates to help pay for those insurance riders. Do they make a profit on shipping.....maybe. But I don't think a lot. I know they both do a HIGHLY professional job in packing the goods that they ship and have to pay employees to do that and use first rate packing materials which are not cheap. They're not scrounging up a reused box from an inbound ebay shipment or putting a second label over a bubble envelope and re-sending it.

Well said. I never like seeing the shipping charges after the auction (I sort of feel like they should be built into the BP), but I know they are coming outside of REA, and given the values of the things I won, they have struck me a reasonable across AHs. I've never negotiated the price down, but I have gotten several to send to me 2-day delivery instead. I get pretty excited about receiving the items.

Jay Wolt · #8 06-07-2013, 02:34 PM

Won a $1000. card on Wednesday w/ Goodwin and was charged $7.95 shipping
Won a $100. card last night w/ Mile High and was charged $9.50....Go figure!

autograf · #9 06-07-2013, 03:34 PM

I think many of them just set a minimum price on a transaction too. I'd say Goodwin is losing money on that transaction but he makes it up other ways I'm sure. I DO like the REA method. With high buyers premium, it's nice to not have to figure that out. Regardless, it's all a moot point anyway as the stuff trumps the price for most of us [within reason].

bobbyw8469 · #10 06-07-2013, 03:35 PM

Quote:

Regardless, it's all a moot point anyway as the stuff trumps the price for most of us [within reason

Contrary to popular belief, he who dies with the most "stuff" loses!

1880nonsports · #11 06-07-2013, 07:41 PM

8 x 10 125$ photo - forget the 20% buyer's penalty - 22.00 shipping nightmare as well........ :-(

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