adding grading fees to insurace total...Yes I do.

[mschmidt]

I think CGC is in the wrong here.

 

If I buy a book here on the boards or on eBay, it's the sellers responsibility to get the book shipped safely to me. Sellers can choose how much to charge for shipping, but ultimately it's their job to pack and ship it safely with insurance. Everyone of you reading this who sell CGC books understand the concept.

 

I think this is a similar case. CGC is shipping the book back to the customer. It's their job to pack and ship it safely to their customer. They charge extra when books bump up in grading tiers with higher grades, and they should apply that concept to shipping costs as well. Their shipping department needs to be more organized.

 

CGC is not in the business of assigning FMV to books, nor should they be. If your idea was in effect I suspect most customers would not like it. It's bad enough everyone complains about their grades, turnaround time, now you want to add their estimated cost of insurance into the mix. Not practical, not practical at all.

You don't think CGC's on the hook for a full value replacement (or FMV in cash), regardless of how much they insured the package for? If I ship you a $5K item and insure it $1K, isn't it my responsibility to make you whole for the other $4K? Getting the item into your hands is my responsibility. If it doesn't go well, I have to deal with it.

 

No?

 

Not in the slightest. The key here is that it's you (not CGC) who sets the insured value.

 

If I bought a $5k book from you and insisted that the insurance value be set at $1k because it would save me some $$ on shipping, would you reimburse me the extra $4k if the item was lost?

It's my responsibility to get the thing to you. The insurance is my problem. If I try to pass the cost on to you, that's fine, but it's still on me to get it to you. Whatever method I choose to use, it's my problem if it doesn't get there.

 

So, again ... if I insist the insurance value should be set at $1k, and the item gets lost, you're going to reimburse me $4k out of your own pocket?

 

Another example:

You have a house worth $500k. You're buying homeowners insurance and tell the insurance company your house is worth $100k. They insure it for $100k. Your house burns to the ground. Do you now expect a $500k check in the mail?

The house thing is not an analog. I'm not saying the insurer should may more, I'm saying the shipper should.

 

About the shipping, what you want me to set the insurance at is irrelevant. It's my responsibility to get the thing to you. The insurance is there to protect me, not you. If it's lost, I have to make it right. The insurance helps me do that. if I let you talk me into lowering the declared value, I'm only hurting myself.

 

The house analogy is completely valid here.

 

You seem to be missing the fact that you're not buying an item from CGC. You're mailing them your item, telling them how much insurance they should carry for your item while it's in their possession, and trusting that when they ship it back, the item will be insured for the amount you told them. Which is exactly what happened here.

 

If you want to save some $$ by submitting an item in a cheaper tier - or underinsuring the item in general - that's your problem.

I guess we're going to have to agree to disagree about the shipping.

 

About the house: that's a situation between me and an insurer. The shipping is a situation between me, a buyer, and an insurer. So, they're not the same thing. I'm not saying that the USPS (as insurer) should pay me more. I declared it as $1000, so that's what it is. But that has no bearing on the FMV of the item I'm shipping to you. For that, I am responsible, and if I insured it for less, even at your request, then I screwed up.

 

It's the exact same thing :shrug:

 

In both cases, you're the one deciding on the value for insurance purposes. And in both cases, the insurance value that you set is what you're going to get in case of total loss.

 

Again ... you're not buying a comic from CGC. You're mailing them your item and telling them what your item is worth. I honestly don't understand what's unclear here.

 

[Beige]

Pics?

[Speedy-D]

I think CGC is in the wrong here.

 

If I buy a book here on the boards or on eBay, it's the sellers responsibility to get the book shipped safely to me. Sellers can choose how much to charge for shipping, but ultimately it's their job to pack and ship it safely with insurance. Everyone of you reading this who sell CGC books understand the concept.

 

I think this is a similar case. CGC is shipping the book back to the customer. It's their job to pack and ship it safely to their customer. They charge extra when books bump up in grading tiers with higher grades, and they should apply that concept to shipping costs as well. Their shipping department needs to be more organized.

 

CGC is not in the business of assigning FMV to books, nor should they be. If your idea was in effect I suspect most customers would not like it. It's bad enough everyone complains about their grades, turnaround time, now you want to add their estimated cost of insurance into the mix. Not practical, not practical at all.

You don't think CGC's on the hook for a full value replacement (or FMV in cash), regardless of how much they insured the package for? If I ship you a $5K item and insure it $1K, isn't it my responsibility to make you whole for the other $4K? Getting the item into your hands is my responsibility. If it doesn't go well, I have to deal with it.

 

No?

 

Not in the slightest. The key here is that it's you (not CGC) who sets the insured value.

 

If I bought a $5k book from you and insisted that the insurance value be set at $1k because it would save me some $$ on shipping, would you reimburse me the extra $4k if the item was lost?

It's my responsibility to get the thing to you. The insurance is my problem. If I try to pass the cost on to you, that's fine, but it's still on me to get it to you. Whatever method I choose to use, it's my problem if it doesn't get there.

 

So, again ... if I insist the insurance value should be set at $1k, and the item gets lost, you're going to reimburse me $4k out of your own pocket?

 

Another example:

You have a house worth $500k. You're buying homeowners insurance and tell the insurance company your house is worth $100k. They insure it for $100k. Your house burns to the ground. Do you now expect a $500k check in the mail?

The house thing is not an analog. I'm not saying the insurer should may more, I'm saying the shipper should.

 

About the shipping, what you want me to set the insurance at is irrelevant. It's my responsibility to get the thing to you. The insurance is there to protect me, not you. If it's lost, I have to make it right. The insurance helps me do that. if I let you talk me into lowering the declared value, I'm only hurting myself.

 

The house analogy is completely valid here.

 

You seem to be missing the fact that you're not buying an item from CGC. You're mailing them your item, telling them how much insurance they should carry for your item while it's in their possession, and trusting that when they ship it back, the item will be insured for the amount you told them. Which is exactly what happened here.

 

If you want to save some $$ by submitting an item in a cheaper tier - or underinsuring the item in general - that's your problem.

I guess we're going to have to agree to disagree about the shipping.

 

About the house: that's a situation between me and an insurer. The shipping is a situation between me, a buyer, and an insurer. So, they're not the same thing. I'm not saying that the USPS (as insurer) should pay me more. I declared it as $1000, so that's what it is. But that has no bearing on the FMV of the item I'm shipping to you. For that, I am responsible, and if I insured it for less, even at your request, then I screwed up.

 

It's the exact same thing :shrug:

 

In both cases, you're the one deciding on the value for insurance purposes. And in both cases, the insurance value that you set is what you're going to get in case of total loss.

 

Again ... you're not buying a comic from CGC. You're mailing them your item and telling them what your item is worth. I honestly don't understand what's unclear here.

Okay, let's keep it going.

 

Between the insurer and me, it's the same thing. I declare a value, they pay up (in simplified terms). But in the house scenario, there's no analog for the buyer. With shipping, what the insurer pays me and what I owe the buyer are not the same thing. Forget about the CGC part for a minute, can we at least agree on that?

[slym2none]

 

 

 

-slym

[Buzzetta]

And what all of you forget is what happens if you submit a 8.0 Hulk 181 to be pressed by Matt and then it gets somehow bumped to a 9.2? You may have hoped for a 9.0 at best but it seems that the CGC graders spent the entire morning watching Wizard of Oz to Dark Side of the Moon...

 

We are talking serious value increase above what would have been imagined.