Tips for Safely Packaging and Shipping Gold Coins

Gold Coins
by: Ben Tseytlin - on Gold & Bullion

The last thing you want is for your precious gold coins to be lost, damaged or stolen during shipping. The United States Postal Service can sometimes handle packages roughly, so below are some tips that will ensure your coins are properly packaged and secured.

Proper Packaging

To protect the certified coins, they should be submitted in non-PVC style flips which are 2 ½” by 2 ½ in size. While they might lack the flexibility of PVC variants, they will do a better job of protecting the coins from getting shipping haze, which can limit their grade. If you notice PVC damage, you should return the coin for PVC based contamination. Avoid using staples, since they can damage your coins, and the pieces might also be shipped within their original capsules.

Always Include an Invoice Number

Be sure to write down and include the invoice number, which is a seven digit number that appears in the top right hand corner on a submission form, as well as line numbers in the small sticker that appear on every flip. For instance, a sticker which is marked with a certain number would be positioned in the external flip that has the invoice’s first coin, and then the next number/coin would appear second, and so on. The package should be carefully sealed to prevent the chance of tampering or theft, and all openings should be sealed so the coins do not fall out.

Make Sure the Coins are insured

The NGC (Numismatic Guaranty Corporation) advises coin collectors to mail their coins using either FedEx or the Register Insured Mail via the US Postal Service. As an added security measure you’ll want to use private insurance with a FedEx account number. Multiple submissions can be sent within a single shipping box given the coins it contains are correctly labeled. Those that intend to ship their coins through a service such as Express tier or WalkThrough will want to include bold lettering on the shipping boxes outside which says either EX or WK. This designation will allow the boxes to be opened first and processed faster.

The Package Shouldn’t Make Noise

Your gold coins should be packaged in such a way where they do not rattle, clang or make other noises which give them away. When the package is handled, even roughly, the contents within should remain completely silent. Wrappers, coin holders and tubes can be used to ensure this, along with bubble wrap.

Always Use Tracking Numbers and Registered Mail

Tracking numbers are extremely important. When you have one in your possession, not only does it allow you to track the status and location of packages, but if the shipment is lost you will not be blamed. Anyone who ships gold coins without a tracking number is taking a great risk.

It is also recommended to use registered mail, especially if the coins are being sent internationally. The reason is because everyone that physically handles the package will need to sign documentation, including every postal employee.