Shipping High-Value Collectibles Can Be Difficult to Insure Securely

Participants said shipping expensive collectibles can create valuation and insurance problems. One host said FedEx is now cheaper than UPS and USPS, but insurance coverage for collectibles is capped at $1,500. He used a $30,000 item as an example: declaring its true value could, in his view, attract a potential thief, while misdescribing it creates risks if it is lost. The discussion also referred to a recent robbery of a PSA shipment carrying $17 million in cards; the suggestion that it involved an inside job was speculation, not an established fact. One participant said collectors have few suitable solutions and that personally transporting such valuable items or using a specialist security service may be safer.